Good MorningEquities slipped on Tuesday leaving the S&P 500 down about a half percent at the low of the day. The question now is whether this move foreshadows a deeper correction or if it is the start of consolidation. If the market is able to hold these new highs for a few days the odds the market will continue moving higher will increase.
Tuesday’s decline, however, was sparked by hot inflation data and there is an additional risk this week. The PPI data came in as expected but accelerated from the previous month and points to higher consumer prices down the road. The CPI is due out today and could confirm the market’s worst fears; consumer-level inflation is running unchecked. If this situation continues to run unchecked revenue and earnings growth among S&P 500 companies will come to a grinding halt. Featured: If You Only Buy ONE CRYPTO… This is a Must Own (Legacy- PBL Campaigns) 
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Stocks | | | Most of the names are familiar mega-caps like Microsoft, Apple, and Tesla. At the other end of the spectrum are about a dozen small cap favorites that Robinhooders are banking on to produce big gains. Read the Full Story |
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From Our PartnersAs of November 3, 2021, Bitcoin is over $60,000.Click here for the name and tickers of all five.
In fact, some experts believe Bitcoin could replace gold in the future.
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Markets | | | Shares opened higher in Europe after mostly falling in Asia on Wednesday as China reported that inflation surged in October.
Benchmarks were higher in London, Paris and Hong Kong but fell in Tokyo and Shanghai.
China’s consumer price index, a main measure of inflation,... Read the Full Story |
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Politics | | | A Vietnamese oil tanker earlier seized by Iran was free in open water Wednesday, ending the latest maritime confrontation involving Tehran amid stalled negotiations over its tattered nuclear deal with world powers.
The Sothys left a position off Iran's Bandar Abbas port and had reache... Read the Full Story |
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From Our PartnersHelium is quickly becoming one of the most valuable resources on the planet. It has already skyrocketed 160% in the past few years… and investors say this is just the beginning. That's why investors are calling this company's recently discovered land: "The Saudi Arabia Of Helium.". | | Read The Full "Helium Saudi Arabia" Report NOW! |
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Politics | | | The German government's panel of independent economic advisers on Wednesday cut its 2021 growth prediction for Europe's biggest economy to 2.7%, the latest in a series of downgrades by forecasters.
The panel's new forecast was down from the 3.1% it predicted in March. It expected gros... Read the Full Story |
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Markets | | | A top European Union court on Wednesday rejected Google's appeal of a 2.4 billion euro ($2.8 billion) fine from regulators who found the tech giant abused its massive online reach by giving its own shopping recommendations an illegal advantage in its search results.
The European Commi... Read the Full Story |
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From Our PartnersIf you’ve sat on the sidelines, get ready for the next big crypto prediction. Learn more. | | | | Continue Reading |
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Politics | | | Young people living in Pacific Rim countries want to see more ambition from their leaders when it comes to tackling climate change and to see money devoted to a shared fund to prepare for future pandemics Read the Full Story |
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Markets | | | Customer engagement platform provider Twilio (NASDAQ: TWLO) stock has bestowed a buying opportunity on its recent earnings report triggered collapse. The Q4 2021 guidance was mixed with raised revenues but lowered earnings per shares estimates. The Company is growing organically as it launches ... Read the Full Story |
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Markets | | | We’ve liked Cardinal Health (NYSE: CAH) for a long time. The company is a middleman for pharmacy and medical products of all manner and well-positioned in an industry growing in both patient count and dollar spent per patient. Read the Full Story |
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Markets | | | IT specialist Globant (NYSE: GLOB) advanced 30.64% in the past month as it zipped past a buy point above $323.79 and just kept rallying. The stock closed Tuesday at $354.44, up $6.51, or 1.87% in the session. Read the Full Story |
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Markets | | |
Have you had years of trouble getting motivated to save for retirement? If so, it's completely understandable. Saving for retirement can seem overly arduous and confusing. So what's the best way to dig in and make sure you'll accomplish what you've always wanted to do all along?
Let's take... Read the Full Story |
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The Early Bird Stock Of The Day Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey. | | View Today's Stock Pick |
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