Kimco Realty Corporation (HC) (KIM) stock forecast and price target

Stocks rose strongly on Thursday morning amid optimism that the Federal Reserve has finished with rate hikes - at least for the remainder of 2023. On Wednesday, the Fed held rates steady, as expected, though Fed Chair Jerome Powell reiterated that it could raise rates again to maintain progress against inflation. On the earnings front, investors weighed strong reports from Starbucks and Shopify and awaited results from Apple after the close. The Dow rose 1.2%, the S&P 1.5%, and the Nasdaq 1.4%. Crude oil rose more than 1% to $81 per barrel, while gold traded near $1991 per ounce.

Stocks recouped some of their recent losses on Friday morning following the government's July employment report. The Labor Department said that the U.S. economy added 187,000 payroll jobs in July, up from a revised 185,000 in June but below the Reuters consensus of 200,000. The unemployment rate ticked lower to 3.5% from 3.6% in June, and wage growth was stronger than expected. Average hourly earnings rose 4.4% from the prior year, above the consensus forecast of 4.2%. The Dow rose 0.6%, the S&P 0.6%, and the Nasdaq 0.8%. Crude oil rose 1% to $82.50 per barrel, while gold rose $8 to $1977 per ounce.

Monday Tee Up: Inflation, GDP, Costco

There is a large dichotomy between sentiment when the stock market is in a bear market and sentiment when the stock market is in a bull market. For many, this is hard to grasp. But it happens, cycle after cycle.

The stock market is maintaining strength that started in the trading session on Friday, November 4 -- and with a little luck, stocks have some room to run. Indeed, the SPX rose almost 1% on Monday, while the Dow (which had been leading of late) tacked on 1.3% and popped back above its declining 200-day (as it did in August for a couple of days). Elsewhere, the Nasdaq gained 0.9% and the QQQs added 1.1%. Treasury yields across the curve rose and are back near recent highs, but the U.S. Dollar Index fell. Since late September, the dollar is working on two lower highs and is close to a second lower low. On Tuesday, stocks moved higher still.

On Friday morning, investors will be focused on the Labor Department's July employment report. The current Reuters consensus calls for the addition of 250,000 payroll jobs, down from 372,000 in June, and a steady unemployment rate of 3.6%. Stocks were mixed on Thursday ahead of the report, as investors weighed slightly higher weekly unemployment claims and a narrower trade deficit, helped by strong growth in exports. The Dow fell 0.26%, the S&P fell 0.08%, and the Nasdaq rose 0.41%. Crude oil fell more than 2% to $88 per barrel, while gold jumped $33 to $1810 per ounce.

April was a brutal month for stocks, with few equities escaping unscathed. The S&P 500 fell almost 11%, the Nasdaq and the QQQs both plummeted 15.6%, the DJIA fell 7%, the Russell 2000 tumbled 12.6%, and the S&P MidCap 400 dropped 10%. It was the worst month for the Nasdaq and QQQs since October 2008.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Trimming GDP Estimates for 1Q22

It was another robust year for the stock market, with the S&P 500 tacking on an impressive 27% in 2021. The Nasdaq 100 (QQQ) also added 27%, with the Nasdaq rising 21%, the S&P 400 (MDY) gaining 24.5%, and the Russell 2000 (IWM) up 14.5%.

Stocks gave up early gains on Tuesday morning after lower-than-expected inflation data failed to impress investors. The Labor Department said that its consumer price index rose 0.3% month-over-month in August, down from 0.5% growth in July and below the Reuters consensus forecast of 0.4%. The core CPI, excluding food and energy, rose 0.1%, down from 0.3% in July and below the 0.3% consensus. The core CPI also rose 4.0% from the prior year, down from 4.3% in July and below the consensus forecast. The Dow fell 0.6%, the S&P 0.3%, and the Nasdaq 0.1%. Crude oil traded near $71 per barrel, while gold rose $6 to $1801 per ounce.

Stocks rose on Thursday morning to new records. The initial jobless claims for the week ended June 19 totaled 411,000, down from 418,000 a week ago. New orders for durable goods in May rose 2.3% to $253.3 billion. The S&P was up $0.6, the Nasdaq was up 0.9% and the Dow was down 0.8%. Crude oil traded near $73 per barrel, while gold fell $5 to $1779 per ounce.

Stocks were mixed on Tuesday morning, pausing after Monday's strong rally. The International Monetary Fund said that it expected the global economy to expand at a 6% rate in 2021, up from its prior forecast of 5.5%, helped by a strong recovery in the U.S. It now projects U.S. economic growth of 6.4% this year, up from its late January projection of 5.1%. The Dow fell 0.1%, the S&P rose 0.2%, and the Nasdaq rose 0.4%. Crude oil traded near $61 per barrel, while gold rose $16 to $1745 per ounce.

Stocks turned lower on Monday morning after reaching new record highs. IHS Markit reported that its manufacturing purchasing managers' index rose to 57.1 in December from 56.7 in November. The reading was the highest since September 2014. The Commerce Department also reported a 0.9% increase in U.S. construction spending in November, down from a revised 1.6% in October and below the Reuters consensus forecast of 1.0% growth. The Dow fell 0.8%, the S&P 0.5%, and the Nasdaq 0.1%. Crude oil traded near $48 per barrel, while gold rose $49 to $1944 per ounce.

Worrisome Signs on the Pandemic and the Economy

Stocks rose in volatile trading on Friday morning despite the continued surge in new coronavirus cases. Gilead shares rose more than 2% after the company reported positive results in a Phase 3 trial of its antiviral remdesivir, which showed that the drug improved recovery and reduced the risk of death from COVID-19. Meanwhile, the Labor Department said that its producer price index dropped 0.2% in June after rising 0.4% in May. The Reuters consensus had called for an increase of 0.4%. Core producer prices, excluding volatile food and energy, rose 0.3% after an increase of 0.1% in May. The 00$40 per barrel, while gold fell slightly to $1802 per ounce.

Stocks rose in volatile trading on Friday morning despite the continued surge in new coronavirus cases. Gilead shares rose more than 2% after the company reported positive results in a Phase 3 trial of its antiviral remdesivir, which showed that the drug improved recovery and reduced the risk of death from COVID-19. Meanwhile, the Labor Department said that its producer price index dropped 0.2% in June after rising 0.4% in May. The Reuters consensus had called for an increase of 0.4%. Core producer prices, excluding volatile food and energy, rose 0.3% after an increase of 0.1% in May. The 00$40 per barrel, while gold fell slightly to $1802 per ounce.

This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in over 400 shopping centers throughout major markets in the U.S., representing roughly 61 million square feet.

Stocks gave up modest early gains on Tuesday morning as they attempted to recover from Monday's sharp selloff, the worst single session for the S&P in two years. Investors remained focused on coronavirus news as the number of cases continued to expand both inside and outside China. On the earnings front, Home Depot shares rose more than 1% after the company posted above-consensus 4Q earnings and provided positive current-year guidance. The Dow fell 0.5%, the S&P 0.5%, and the Nasdaq 0.4%. Crude oil traded near $51 per barrel, while gold fell $20 to $1657 per ounce.

Stocks gave up modest early gains on Tuesday morning as they attempted to recover from Monday's sharp selloff, the worst single session for the S&P in two years. Investors remained focused on coronavirus news as the number of cases continued to expand both inside and outside China. On the earnings front, Home Depot shares rose more than 1% after the company posted above-consensus 4Q earnings and provided positive current-year guidance. The Dow fell 0.5%, the S&P 0.5%, and the Nasdaq 0.4%. Crude oil traded near $51 per barrel, while gold fell $20 to $1657 per ounce.

Stocks rose in volatile trading on Friday morning despite the continued surge in new coronavirus cases. Gilead shares rose more than 2% after the company reported positive results in a Phase 3 trial of its antiviral remdesivir, which showed that the drug improved recovery and reduced the risk of death from COVID-19. Meanwhile, the Labor Department said that its producer price index dropped 0.2% in June after rising 0.4% in May. The Reuters consensus had called for an increase of 0.4%. Core producer prices, excluding volatile food and energy, rose 0.3% after an increase of 0.1% in May. The 00$40 per barrel, while gold fell slightly to $1802 per ounce.

Stocks gave up modest early gains on Tuesday morning as they attempted to recover from Monday's sharp selloff, the worst single session for the S&P in two years. Investors remained focused on coronavirus news as the number of cases continued to expand both inside and outside China. On the earnings front, Home Depot shares rose more than 1% after the company posted above-consensus 4Q earnings and provided positive current-year guidance. The Dow fell 0.5%, the S&P 0.5%, and the Nasdaq 0.4%. Crude oil traded near $51 per barrel, while gold fell $20 to $1657 per ounce.

FOMO a Potential Rally Driver, but Softening Economy a Concern

FOMO a Potential Rally Driver, but Softening Economy a Concern