Stocks erase losses in wild ride, Dow cuts 1,000+ point loss

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Stocks erase losses in wild ride, Dow cuts 1,000+ point loss

Jeff Sica of Circle Squared Alternative Investments argues Investors need to be more ‘cautious’ and ‘diligent’ when deciding where to invest their money.

It was a wild session on Wall Street, with big market swings, as investors assessed Russia’s military buildup on Ukraine’s borders and the Federal Reserve’s meeting this week which begins tomorrow.

The Dow Jones Industrial Average closed with a gain of 101 points or 0.3% erasing a 1,000+ point drop. The S&P 500 also curbed all losses to end 0.3% higher and the Nasdaq Composite, at one point down nearly 5%, rose 0.6%.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34364.5	+99.13	+0.29%
SP500	S&P 500	4410.13	+12.19	+0.28%
I:COMP	NASDAQ COMPOSITE INDEX	13855.129489	+86.21	+0.63%

“We are now dealing with legitimate risk in the market,” said Jeff Sica, CIO of Circle Squared Alternative Investments.

Consumer discretionary and energy stocks led the rebound even

Stocks post losses ending roller coaster week

St. Louis Fed President James Bullard argues that if data reveals ‘inflation is more persistent than what we are seeing right now,’ then ‘sooner action’ may be needed ‘in order to keep inflation under control.’

U.S. stocks finished the session lower in another choppy session as traders digested a mixed jobs report along with hawkish comments from Federal Reserve Bank of St. Louis President James Bullard.

Bullard, who will be a voting member of the Fed next year, highlighted the “unexpected inflation shock in the U.S.” as monetary policy remains “very accommodative” in a speech.

“These considerations suggest, on balance, that the Federal Open Market Committee should remove monetary policy accommodation,” he said.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34580.08	-59.71	-0.17%
SP500	S&P 500	4538.43	-38.67	-0.84%
I:COMP	NASDAQ COMPOSITE INDEX	15085.471504	-295.85	-1.92%

The Dow Jones Industrial Average fell over 57 points or 0.17%,

Amazon charges sellers fees that are high enough to offset losses from Prime, a new report says

The massive reach of Amazon’s e-commerce platform is appealing for any small business that wants to sell its products online. But a new report suggests that the cost of doing business can become a Faustian bargain for a third-party seller, as the fees that Amazon charges them can quickly eat into profits.

Amazon Toll Road, a report from the nonprofit Institute for Local Self-Reliance (ILSR), found that Amazon charged third-party sellers a total of $121 billion in fees this year alone. According to the report, written by ILSR co-director Stacy Mitchell, those fees — for things like advertising, referrals, and shipping — usually mean that small businesses lose money to Amazon; Mitchell said that in 2014, sellers paid Amazon $19 of every $100 in sales, and today, it’s more like $34 per $100 in sales.

And, Amazon obscures the profit it makes from these small businesses in its financial reports,