Jim Cramer's top 10 things to watch in the stock market Wednesday: Fedspeak, stocks bonce, Palo Alto beats
My top 10 things to watch Wednesday, Feb. 22 1. Bonds are in charge. Yields tick lower and stocks bounced after St. Louis Fed President James Bullard told CNBC on Wednesday he's confident that the central bank can reach its inflation goals this year. The Dow , the S & P 500 and the Nasdaq are set to open modestly higher, one day after their worst session of the new year. Check out this one chart that shows why January’s stock rally hit a wall in February. 2.
Low multiple stocks that are reasonably valued to the market and peers are best. 7. Natural gas dips under $2. How is this even possible? The lack of a real winter. Nat gas all the way up near $10 back in August. Club holding Coterra Engery , which is 50/50 oil and nat gas, has held up much better than the commodities. The exploration and production company reports after the closing bell Wednesday. So does E & P peer and fellow Club holding Pioneer Natural Resources . 8.
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