Shares of financial technology stock Block (NYSE: SQ) are trading 65% off highs of just a few months ago, even including its bounce after a very strong earnings report. Not only are investors selling growth stocks, but they've also been abandoning companies like Block who were seen as beneficiaries of the pandemic's shift to e-commerce. The volume going through the Square side of Block's business is impressive. Read More...
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J.P. Morgan Sees Gains of Over 100% in These 2 Beaten-Down Stocks
What can we make of the markets right now? On Friday, we saw the February jobs numbers – and they were far above the expectations. The economy added 678,000 jobs in the month, against a forecast of 400,000, and the official unemployment rate ticked down to 3.8%. It was the best jobs print of the ‘pandemic era.’ But it didn’t move the dial. The war in Ukraine did, and that movement wasn’t positive. All three of Wall Street’s major benchmarks are down as this week gets started, capping a weeks-lon
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