Good MorningInvestors continue to bet on growth despite the rising specter of inflation. The S&P 500 reversed early losses on Wednesday to close with a small gain going into the holiday weekend. The move is the 15th day of trading within a near-term consolidation range that is fast becoming a bullish-looking flag pattern. If the market breaks out to the upside and confirms this pattern within the next week or so it should rally well into the end of the year.
In economic news, the PCE Price Index was released on Wednesday coming in largely as expected. The rub is that “as expected” included a 0.20% month-to-month increase and the fastest pace of YOY gains for several decades. At this pace, the market should expect the first interest rate hikes to come well before the middle of next year.
Featured: Quickest Path to Riches in the 2021 Gold Bull Market Revealed (Resource Stock Digest) 
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Politics | | | Global stock markets mostly rose Thursday after Federal Reserve officials indicated they were ready to hike interest rates sooner than expected if needed to cool U.S. inflation.
London, Tokyo, Frankfurt and Hong Kong markets advanced, while Shanghai declined.
Wall Stree... Read the Full Story |
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Politics | | | Asian stock markets were mixed Thursday after Federal Reserve officials indicated they were ready to raise interest rates sooner than expected if needed to cool inflation.
Shanghai and Seoul declined while Tokyo, Hong Kong and Sydney advanced.
Wall Street's benchmark S&... Read the Full Story |
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Politics | | | Asian stock markets fell Thursday after Federal Reserve officials indicated they were ready to raise interest rates sooner than expected if needed to cool inflation.
Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney declined. Tokyo advanced.
Wall Street's bench... Read the Full Story |
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So, it stands to reason your money should ideally be able to generate above-market returns with below market risk. After all, that's how real wealth is created. To help, we put together a list of five of the top stocks we believe could do quite well heading into New Year 2022. | | Click Here to Download the FREE Report |
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Markets | | | For all of its promise, the field of robotic surgery is still a slow growing sector and will continue to add competitors. The good news is that, as long-term stocks, I believe the sector is large enough for both companies. But in this article, we'll analyze which stock is a better buy in the short term. Read the Full Story |
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Politics | | | Cambodian Prime Minister Hun Sen has opened a virtual meeting of Asian and European leaders with a call for sustainable and shared global growth as the world seeks to recover from the COVID-19 pandemic Read the Full Story |
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Politics | | | Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
A raft of economic data issued Wednesday showed the economy on solid footing, with Americans’ incomes rising and jobless claims falling to a level not seen since ... Read the Full Story |
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Markets | | | After several quarters of range-bound trading and market uncertainty, it looks like shares of Deere & Company (NYSE: DE) are about to run higher. Not only has the company exceeded its fiscal 2021 expectations but a major strike has been resolved and the guidance for next year is very favorable. Read the Full Story |
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Markets | | | The semiconductor industry is in a boom so it was expected for Analog Devices (NASDAQ: ADI) to provide strong results and outlook. That is why price action surged prior to the release and why now, after the fact, price action is in decline. Read the Full Story |
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Markets | | | We favor the Jack In The Box (NASDAQ: JACK) turnaround story for several reasons including the push toward brand unification, franchises, and expansion, and think it will be one of the big stories in fast food. Read the Full Story |
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Markets | | |
It's almost Thanksgiving, and at least one well-intentioned family member will invariably ask your high school senior, "Where are you going to college next year?" (In fact, you might want to warn your high schooler in advance.)
The College Board published the 2021-2022 average sticker price for t... Read the Full Story |
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The Early Bird Stock Of The Day VIA optronics AG, together with its subsidiaries, provides display solutions worldwide. It also develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. In addition, the company offers interactive display solutions, including curved display panels and solutions integrating multiple display touch assemblies; and optical bonding services, as well as licenses optical bonding process and sells related equipment. It serves automotive, consumer electronics, and industrial/specialized end markets. The company was founded in 2005 and is headquartered in Nuremberg, Germany. VIA optronics AG is a subsidiary of Integrated Micro-Electronics, Inc. | | View Today's Stock Pick |
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