Good MorningThe markets gave up Monday's gains on Tuesday as markets digested commentary and Q&A from Treasury Secretary Janet Yellen and FOMC chief Jerome Powell. The two tried to assured markets that upcoming spikes in inflation will be small and short-lived and the two would work in concert to alleviate shortfalls in the labor market. The S&P 500 fell close to 1 percent at the low of the day and was led by larger losses in the Dow Jones Industrial Average and NASDAQ Composite.
Wednesday could be a repeat of Tuesday’s action. There is little in the way of economic data or earnings news on the calendar and another day of testimony from the once and former FOMC chief. Later this week a read on core inflation could move the market all well. The consensus is for a gain of 0.1% compared to 0.3% in the month prior, a hotter than expected number would reinforce the market's fear of rising inflation.
Featured: Viral Video Predicts Massive Stock Market Event (Stansberry (Affiliate)) 
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Markets | | | Asian stock markets followed Wall Street lower Wednesday after European governments extended anti-coronavirus lockdowns, clouding the outlook for economic recovery.
Market benchmarks in Shanghai, Tokyo and Hong Kong retreated.
Overnight, Wall Street gave up most of the ... Read the Full Story |
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Markets | | | Global stocks and fell Wednesday after Wall Street declined and European governments extended anti-coronavirus lockdowns, clouding the outlook for economic recovery.
London, Shanghai and Tokyo retreated. Frankfurt was little-changed. U.S. futures were modestly higher.
... Read the Full Story |
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Stock market volatility is at its lowest levels in years, but that doesn't mean there aren't some volatile names out there. And as the investment adage goes, with high risk may come high reward.
Here we take a look at a few of the most volatile stocks of the past decade with a focus on larger cap... Read the Full Story |
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Tech | | | Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies.
Under the deal, Toyota Motor Corp., Japan’s top automaker, and truckmaker Isuzu Mo... Read the Full Story |
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Markets | | | A cargo container ship that's among the largest in the world has turned sideways and blocked all traffic in Egypt's Suez Canal, officials said Wednesday, threatening to disrupt a global shipping system already strained by the coronavirus pandemic.
The MV Ever Given, a Panama-flagged ... Read the Full Story |
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Markets | | | As far as lithium pure plays go, Livent (NYSE:LTHM) may be as good as it gets. Lithium is known as the lightest metal but has some of the strongest investment implications including its use in electric vehicle (EV) batteries and consumer electronics. Read the Full Story |
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Markets | | | Solar energy solutions provider First Solar (NASDAQ: FSLR) stock saw a parabolic spike heading into 2021 thanks to the clean and renewable energy and environmental, sustainable and governance (ESG) investment Read the Full Story |
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Markets | | | Every once in a while, a company like Upstart Holdings (NASDAQ:UPST) comes along and completely catches the market off-guard with an unexpectedly strong earnings report. This can result in institutional investors acquiring shares at a rapid rate and driving the share price up quickly. This is most l... Read the Full Story |
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Politics | | | Postmaster General Louis DeJoy on Tuesday announced plans to slow mail delivery standards and cut hours at some post offices as part of a 10-year strategy to stabilize the struggling agency.
Details of the long-awaited plan come at a time of intense scrutiny on the U.S. Postal Servi... Read the Full Story |
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SPAC Or OEM, EV News Moves Markets
The EV market is heating up and may soon boil over. If it’s not an OEM ramping production it’s another SPAC ready to go public. In today’s news, we have a bit of both with a new SPAC getting ready to launch and an OEM expanding its EV foo... Read the Full Story |
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The Early Bird Stock Of The Day Gaming & Leisure Properties, Inc. engages in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA. | | View Today's Stock Pick |
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