Good MorningThe U.S. stock closed mixed on Tuesday echoing a sentiment felt by many traders. While there are plenty of reasons to be bullish on the stock market in 2021 the indices are ripe for a correction. The biggest risk now is the FOMC and the committee is scheduled to release its statement this week. If the FOMC raises fears of inflation it could very well spark a sustained sell-off in stocks. Rising interest rates mean better yields on bonds than the average S&P 500 stock and bonds are an attractive asset class for risk-averse investors.
Weaker than expected economic data played a part in Tuesday’s action. The retail sales and industrial production figures both came in well below their consensus forecasts. The caveat for investors is that one month of data does not make a trend, these figures should pick up again as the spring season unfolds.
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Investing in Special Purpose Acquisition Companies, which are also known as SPACs, is a lot different than buying traditional equities. Since SPACs are shell companies set up by a group of investors with the sole purpose of finding a company to acquire and bring public, you are essentially betting... Read the Full Story |
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From Our PartnersThis is the date President Biden is set to sign a divisive new policy into law... And experts predict it could tilt the entire stock market. Although the normally cautious Warren Buffet made a $15 BILLION move in anticipation, regular Americans look set to profit too. | Click here for full details. |
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Markets | | Asian shares were mixed Wednesday as world markets cautiously awaited the U.S. central bank's latest comments on the economic outlook.
Japan's benchmark Nikkei 225 inched up nearly 0.1% to 29,948.69. South Korea's Kospi slipped 0.8% to 3,041.72. Australia's S&P/ASX 200 dipped 0.8... Read the Full Story |
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Politics | | Asian shares fell in muted trading Wednesday as world markets cautiously awaited the U.S. central bank's latest assessment on the economy.
Japan's benchmark Nikkei 225 inched down less than 0.1% to finish at 29,914.33. South Korea's Kospi slipped 0.6% to 3,050.17. Australia's S&P/... Read the Full Story |
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From Our PartnersThere's a rare setup in the crypto markets that could send a small group of coins through the roof. It virtually has every major corporation and government agency investing billions to prepare for a massive technology upgrade. One of these cryptos is currently trading for around three cents. | Watch this video now to get the full story. |
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Politics | | Global shares mostly fell in muted trading Wednesday as world markets cautiously awaited the U.S. central bank's latest assessment on the economy.
France's CAC 40 slipped 0.1% in early trading to 6,048.72, while Germany's DAX gained nearly 0.1% to 14,568.97. Britain's FTSE 100 dipped ... Read the Full Story |
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Markets | | Wearable components maker Kopin (NASDAQ: KOPN) stock is up triple digits in 2021 as Wall Street finally took notice of this under-the-radar augmented and virtual reality (AR/VR) company. The Massachusetts-based company has been operating for over a quarter of a century. As evidenced by the surge in ... Read the Full Story |
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From Our PartnersA Company Quietly Trading Has A Efficient Solution For Energizing Digital Assets. See Now. | | Continue Reading |
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Politics | | The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on Wednesday, cutting its previous prediction somewhat.
The panel's new outlook compared with a forecast of 3.7% in November, made at the beginning of ... Read the Full Story |
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Politics | | The U.S. has sanctioned an additional 24 Chinese and Hong Kong officials over Beijing’s ongoing crackdown on political freedoms in the semi-autonomous city, just ahead of the Biden administration’s first face-to-face talks with China Read the Full Story |
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Stocks | | Chinese electric vehicle (EV) maker Li Auto Inc. (NASDAQ: LI) shares have been selling off since peaking at $47.70 highs in November 2020 at the height of the EV momentum period. The Li ONE SUV does up to 800km per charge distance with a 40.5 kWh battery does zero-to-100km in 6.5 seconds with ... Read the Full Story |
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Stocks | | The most obvious example is the boom in the EV market, electric vehicles, but the EV route is not the only avenue for investors to take. Along with EV are other types of alt-fuel and green energy stocks such as the ones we will introduce today. Read the Full Story |
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In a world that is increasingly focused on curbing carbon emissions and limiting air pollution, Fuel Tech (NASDAQ:FTEK) is one company that clearly has an expanding market opportunity. The recent sandstorm in China has also put the spotlight on global air quality and reinforced the need for clean ... Read the Full Story |
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The Early Bird Stock Of The Day Penumbra, Inc., together with its subsidiaries, designs, develops, manufactures, and markets medical devices in the United States and internationally. The company offers peripheral products, including the Indigo System for power aspiration of thrombus in the body; Lightning Flash, a mechanical thrombectomy system; Lightning Bolt 7, an arterial thrombectomy system; and CAT RX. It also provides access products, including guide catheters and the Penumbra distal delivery catheters under the Neuron, Neuron MAX Select, BENCHMARK, BMX96, BMX81, DDC, SENDit, and PX SLIM brands; Penumbra System, an integrated mechanical thrombectomy system comprising reperfusion catheters and separators, the 3D Revascularization Device, aspiration tubing, and aspiration pump under the Penumbra RED, JET, ACE, Max, 3D Revascularization Device, and Penumbra ENGINE brands; and neuro embolization coiling systems that includes the Penumbra Coil 400, a detachable coil that provides an alternative for the treatment of aneurysms and other complex lesions, as well as Penumbra SMART COIL, a detachable coil to treat patients with a wide range of neurovascular lesions; and POD400 and PAC400 brands. In addition, the company provides peripheral embolization products, such as Ruby Coil System consisting of detachable coils for peripheral applications; Penumbra LANTERN Delivery Microcatheter, a low-profile microcatheter with a high-flow lumen; POD (Penumbra Occlusion Device) System, a single device solution; and Packing Coil, a complementary device for use in other peripheral embolization products. Further, it offers an immersive 3D computer-based technology platform under the real immersive system brand; and neurosurgical tools, such as Artemis Neuro Evacuation Device for surgical removal of fluid and tissue from the ventricles and cerebrum. The company sells its products through direct sales organizations and distributors. Penumbra, Inc. was incorporated in 2004 and is headquartered in Alameda, California. | View Today's Stock Pick |
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