Good MorningAll eyes will be on the personal income and spending data today. The data includes the FOMC's favored measure of consumer inflation and the data could be hot. If the market doesn't like what it sees the index could be in for a big decline despite the Feds assurances inflation is under control. The odd thing about Friday's data is that weaker-than-expected data could be just as bad for the market. If the Fed sees the need to keep adding stimulus to the economy it will only make the next Stock market correction worse.
Next week will be no easy week for the market either, even with the Memorial Day holiday. The q1 earnings season is quickly winding down but there is a raft of economic data at hand. The market-moving reports include the ISM indexes, the Fed's Beige Book, and the all-important monthly employment data. Last month’s NFP data was a big miss so there is a very high expectation for a large number this time around.
Featured: One Stock For A HUGE 2021 (Darwin) 
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Markets | | Optoelectronics products maker NeoPhotonics (NASDAQ: NPTN) stock was punished by wide losses and lowered guidance but may be finding a bottom. The Company makes optical transceivers, switches, and coherent transmission products for 100G to 400G applications. Unfortunately, the U.S and global trade s... Read the Full Story |
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Tech | | World shares rose Friday, powered by encouraging signs that the U.S. economic recovery from the pandemic is gaining momentum. U.S. futures also were higher.
President Joe Biden's proposal fo r a $6 trillion budget helped boost buying of shares likely to benefit from heavy government s... Read the Full Story |
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Tech | | Asian shares rose Friday, powered by encouraging signs that the U.S. economic recovery from the pandemic is gaining momentum.
President Joe Biden's proposal fo r a $6 trillion budget also boosted buying of shares likely to benefit from heavy government spending.
Tokyo... Read the Full Story |
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Markets | | Optical and photonics components maker II-VI Incorporated (NASDAQ: IIVI) stock is down nearly (-40%) from its 2021 highs of $101.44 after a nearly 5X run up from its pandemic lows. The maker of industrial optical electronics and laser components is should be getting larger thanks to its upcoming mer... Read the Full Story |
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Stocks | | It’s safe to say that summer 2021 might be the busiest season of all time for companies in the vacation industry. With tons of pent-up demand thanks to the fact that people have been stuck at home for the better part of the last year, there’s no telling just how much profits companies th... Read the Full Story |
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Markets | | Hibbett Sports (NASDAQ: HIBB) is a post-pandemic play on retail with a lot going for it. Not only is the company supported by COVID-inspired social distancing and outdoor activities, but it is also supported by the reopening as well. Read the Full Story |
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Tech | | Shares in JD Logistics, the delivery subsidiary of China’s biggest online retailer have jumped as much as 18% in their first trading day as investors bet on more rapid growth for internet industries despite tighter regulatory control by Beijing Read the Full Story |
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Tech | | JD Logistics' shares jumped 14% in their trading debut Friday in Hong Kong.
The company is a subsidiary of Chinese e-commerce giant JD.com. It is the latest technology company to list in the semi-autonomous Chinese city as Beijing intensifies scrutiny of the technology sector.
... Read the Full Story |
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Tech | | What started as a pragmatic effort to boost scientific research and development has morphed into a sweeping Senate bill aimed at making the U.S. more competitive with China and other countries, including $50 billion in emergency funds to shore up domestic computer chip manufacturing.
... Read the Full Story |
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Markets | | We started to get interested in the Movado Group (NYSE: MOV) a few years ago. The company is a retailer of watches and other consumer discretionary items and its share price had been pulling back from a high. Read the Full Story |
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The Early Bird Stock Of The Day R.R. Donnelley & Sons Co. engages in the provision of multichannel communication solutions. It operates through the following segments: Commercial Print, Logistics, Statement Printing, Labels, Packaging, Supply Chain Management, Forms and Business Process Outsourcing. The Commercial Print segment provides various commercial printing products and offer a full range of branded materials including manuals, publications, brochures, business cards, flyers, post cards, posters and promotional items. The Packaging segment provide packaging solutions, ranging from rigid boxes to in-box print materials, for clients in consumer electronics, life sciences, cosmetics and consumer packaged goods industries. The Statement Printing creates critical business communications, including customer billings, financial statements, healthcare communications and insurance documents. The Labels segment produces custom labels for clients across multiple industries including warehouse and distribution, retail, pharmaceutical, manufacturing and consumer packaging. The Supply Chain Management segment provides workflow design to assembly, configuration, kitting and fulfillment for clients in consumer electronics | View Today's Stock Pick |
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