Good MorningEquity markets rebounded from Tuesday’s sell-off on Wednesday but have yet to recover their recent highs. The rebound was led by reopening plays on the eve of peak earnings season. The Q1 earnings season kicks into high gear beginning today and the action will be hot for the next two weeks. The risk for the market is that average earnings growth will be tepid compared to the consensus estimate and lead the market into a correction. Earnings reports to watch out for include Intel, Mattel, and Old Dominion Freight Lines.
On the economic front, the outlook remains positive despite increasing signs of rising inflation from S&P 500 companies. Today’s calendar includes key reports on joblessness, housing, and the index of leading indicators any of which may move the market. On Friday, investors will be on alert for the flash PMI readings from Markit and any insight they can give into the global economy. If the S&P 500 is able to set a new high this week it may continue moving higher well into the summer.
Featured: Tired of losing money in volatile markets? (Trader News Media) 
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Politics | | | World shares rose Thursday after a broad advance on Wall Street as corporate earnings suggested the economy was on the mend from the pandemic.
Benchmarks rose in Paris, London, Tokyo and Hong Kong but fell in Shanghai. U.S. futures edged lower.
Shares in Credit Suisse... Read the Full Story |
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Stocks | | | We’re accustomed to hearing a lot about the biggest domestic stocks, those most heavily weighted in the S&P 500, but not so much top performers like L Brands (NYSE: LB), The Gap (NYSE: GPS), and Diamondback Energy (NASDAQ: FANG). Read the Full Story |
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Stocks | | |
Throughout stock market history there have been few occasions when the words 'hot' and 'banks' go together, but this is one of those times. With the Dow Jones Regional Banks Index up around 25% year-to-date, regional bank stocks have been among the hottest groups this year.
As the consumer and co... Read the Full Story |
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From Our PartnersThe U.S. dollar is in free fall and many analysts are predicting the crash will continue under President Biden. Banks across the country are already preparing.
The agency that regulates all banks in the U.S. issued this new rule that will change everything. | | | | If you have money in the bank… |
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Tech | | | Asian shares were higher on Thursday after a broad advance on Wall Street led by technology companies and banks.
Shares rose in Tokyo, Hong Kong and Sydney but were flat in Shanghai. U.S. futures edged lower.
Japan's Nikkei 225 index added 2.4% to 29,188.17. Toshiba C... Read the Full Story |
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Stocks | | | Pharmaceutical companies are a compelling option for long-term investors to consider at this time, especially given the important role that they continue to play in the global pandemic. The best big pharma stocks offer growth potential thanks to strong pipelines, steady income with dependable divide... Read the Full Story |
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Politics | | | Australia’s cancellation of two infrastructure deals with China prompted Beijing on Thursday to accuse its leaders of a “Cold War mentality” and threaten a possible response.
The clash adds to strains in relations that are at a multi-decade low after Beijing blocked imports of coal a... Read the Full Story |
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Markets | | | Switzerland’s financial markets authority said Thursday it is looking into possible penalties against Credit Suisse after the top-drawer bank announced “significant losses” linked to a U.S.-based hedge fund.
The authority, FINMA, said it will require “various risk-reducing measures” ... Read the Full Story |
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Markets | | |
Tractor Supply Company (NASDAQ:TSCO) will report earnings on April 22 before the market opens. The consensus among analysts is for earnings per share of around 96 cents on revenue of $2.43 billion. This would be a lower number from the company’s fourth-quarter 2020 earnings report.
However,... Read the Full Story |
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Politics | | | TOKYO — The Tokyo Motor Show, which showcases cars from around the world, has been canceled because of the coronavirus pandemic.
Toyota Motor Corp. President Akio Toyoda, who heads the Japan Automobile Manufacturers Association, said "we decided it’s difficult to hold the main program... Read the Full Story |
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Markets | | |
Verizon Is A Top Pick For High-Yield Investors
We've like Verizon (NYSE: VZ) for the last 18-months to two years for a variety of reasons that include but not limited to value, yield, growth, the consumer, digital, streaming, 5G, and the IoT. While the former makes the stock an attractive b... Read the Full Story |
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The Early Bird Stock Of The Day Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, and other smart devices, as well as blenders. It also provides a suite of complementary consumable products and small appliances, such as portable fans, rice cookers, water quality meters, water filter pitchers, stainless-steel insulated water bottles, smart toilet, and food waste disposals; and value-added services. The company sells its products directly to consumers through its online platform, Viomi mobile app, and e-commerce channels, including Youpin, JD.com, Tmall, Pinduoduo, and others, as well as offline experience stores. Viomi Technology Co., Ltd has a strategic partnership with Xiaomi Corporation. The company was founded in 2014 and is headquartered in Guangzhou, China. | | View Today's Stock Pick |
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