Good MorningU.S. equities went on a wild ride on Tuesday. The S&P 500 opened the day nearly flat from the previous session and then fell more than -2.0% at the low of the day. The losses were wiped out, however, late in the session after remarks from Federal Reserve Chairman Jerome Powell put the market at ease. According to Powell, inflation isn’t a worry and will likely be spotty over the next year or so. The January read on core inflation is due out on Friday.
In other news, cryptocurrency investors experienced a bit of volatility on Tuesday as well. The world’s leading cryptocurrencies underwent rapid 25% corrections in less than 48 hours. Bitcoin, the largest cryptocurrency by market cap, shed more than $12,000 in that time, marking the single fastest drop in the coin’s history. What comes next is anybody’s guess but fundamental conditions within the market remain bullish. Featured: Tap Into Income Streams Big Banks Don't Want You To Know About (Base Camp Trading) 
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Politics | | | China’s commerce minister appealed to Washington for “joint efforts” to revive trade but gave no indication Wednesday when tariff war talks might resume or whether Beijing might offer concessions.
“Cooperation is the only correct choice,” Wang Wentao said at a news conference.
... Read the Full Story |
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Politics | | | World shares fell on Wednesday as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies.
Investors increasingly are focusing on a big tick up in bond yields and how it affects stock valuations, analysts say.
... Read the Full Story |
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Markets | | | There’s something to be said about adding an iconic brand name company like McDonald’s (NYSE:MCD) to your long-term investment portfolio. It’s one of those businesses that offer an instantly recognizable and familiar experience for its customers, Read the Full Story |
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Stocks | | |
Penny stock investors have made a nice profit on AIM ImmunoTech (NYSEAMERICAN:AIM) in 2020. In the last 12 months, AIM stock is up 115%. Going back just a little further to the start of 2020, the stock has climbed over 300%. And at various times in 2020, shares of AIM ImmunoTech were trading much ... Read the Full Story |
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Politics | | | Hong Kong will introduce 120 billion Hong Kong dollars ($15.4 billion) in fiscal measures to help businesses and residents impacted by the coronavirus pandemic, as it looks towards economic growth later this year following a recession in 2020.
The measures — which include tax relief, ... Read the Full Story |
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Markets | | | The German economy grew 0.3% in last year's fourth quarter compared with the previous three-month period, official data showed Wednesday — a better performance than first thought.
The Federal Statistical Office had reported in late January that gross domestic product edged up 0.1% in ... Read the Full Story |
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Tech | | | President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.
The United States has become increasingly reliant o... Read the Full Story |
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Markets | | | LGI Homes, Inc (NASDAQ:LGIH) is one of the smaller home builders but is no less important to the industry. The company has been quietly growing by double digits for the last several years and is on track to continue growing in 2021 Read the Full Story |
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Markets | | | After 20 years of going nowhere fast, Ford Motor (NYSE:F) stock appears to be revving back up. While it remains well off its split-adjusted high of $31.42 from April 2001 it has moved higher in eight of the last 10 months Read the Full Story |
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Markets | | | Canada-based uranium exploration and development company Denison Mines (NYSE: DNN) stock rapidly spiked in recent months on the rising demand for uranium. The Biden administration's clean energy agenda, U.S. uranium reserves plan, combined with the global decarbonization and clean energy initiative ... Read the Full Story |
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The Early Bird Stock Of The Day Virtu Financial, Inc. operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology. The company's product allow its clients to trade on various venues across 50 countries and in various asset classes, including global equities, ETFs, options, foreign exchange, futures, fixed income, cryptocurrencies, and myriad other commodities. Its multi-asset analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across global markets. The company was founded in 2008 and is headquartered in New York, New York. | | View Today's Stock Pick |
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