Good MorningEquity markets continue to rebound on Tuesday with the S&P 500 gaining more than 0.5% at the height of the session. The move is evidence of the market’s resiliency in the face of rising inflation, a resiliency that will be put to the test once again this week. Economists expect the PCE price index to be hot again this month, the question is whether or not it will be hotter than expected.
The current consensus is for a gain of 0.6% month-over-month at the core level, 0.1% lighter than the previous month. Regardless, the debate around the need for future interest rate hikes is hitting a crescendo this week with commentary from virtually all FOMC members fueling the conversation. While it is uncertain when the first interest rate hike will occur, it is certain the FOMC has inflation on its radar. Featured: This “Penny Stock” Could Soar By Tomorrow (Darwin) 
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Stocks | | | It’s no surprise that one of the best strategies for investors who are assessing the short-term fortunes of a stock is to find stocks that have recently been upgraded by the analysts. With that in mind, here are the 10 most upgraded stocks that have received upgrades (or have had their price target increased) by Wall Street analysts on MarketBeat in May 2021: Read the Full Story |
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From Our PartnersCould the technology behind this odd-looking machine really be the most transformative innovation in history?
Experts are screaming "YES"!
Elon Musk calls it "amazing..."
It's a technology I call "Imperium."
And it's about to spark the biggest investment mega trend in history... | | CALL TO ACTION |
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Tech | | | Global stock markets and Wall Street futures have risen after the Federal Reserve chairman said U.S. inflation is likely to be temporary, helping to calm fears central banks might roll back stimulus to cool price increases Read the Full Story |
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Markets | | | The stock market can be a funny place sometimes, as investors of Oracle (NYSE: ORCL) found out last week. Despite posting what looked like, on paper anyway, a solid earnings report on Tuesday night, their shares still tanked in the immediate aftermath. But Wall Street has had a few days to digest th... Read the Full Story |
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From Our PartnersSince 2016, Teeka Tiwari has trumped the stock market. His investment recommendations have each averaged 281%. That’s 17 times the S&P. And 112 times the average investor, according to JPMorgan!
However, one investment Teeka just uncovered could top them all… It involves former President Biden, billions of dollars, several large banks, and a super-rich family. As well as a MAJOR potential upgrade to our credit cards.
Teeka, who ended up correctly picking the last “investment of the decade,” is declaring this his top pick for the 2020s. | | | | See Teeka's Top Pick... |
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Stocks | | | Secular tailwinds are driving the entire tech sector to new highs. It doesn't matter where you look, but rising demand and low inventories are bringing on a new age for the entire industry. Simply starting with shortages in the chips sector, the ramp in production will provide an opportunity for the tech companies to improve and enhance their offerings Read the Full Story |
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Politics | | | ROME — Italy’s leader is pitching for tourists to start coming from the United States, Canada and Japan to give a vitally needed boost to Italian hotel and restaurant businesses.
In a speech to lawmakers on Wednesday, Premier Mario Draghi noted that Italy has recently allowed people ... Read the Full Story |
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Tech | | | Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of both parties.
Biden las... Read the Full Story |
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Politics | | | Hong Kong’s pro-democracy Apple Daily newspaper will stop publishing Thursday, following last week’s arrest of five editors and executives and the freezing of $2.3 million in assets under the city’s year-old national security law.
The board of directors of parent company Next Media sa... Read the Full Story |
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Politics | | | Hong Kong’s pro-democracy Apple Daily newspaper will close by this weekend, its parent company said Wednesday, following last week’s arrest of five editors and executives and the freezing of $2.3 million in assets under the city’s national security law.
The board of directors of Next ... Read the Full Story |
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Markets | | | The fiscal Q4 results from Korn Ferry (NYSE: KFY) prove the health of the labor market even if the data doesn't. Not to say the data doesn't show strong labor market conditions, only that there are a large number of lingering unemployed persons in a market apparently flush with positions. Read the Full Story |
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Markets | | | Did you leave before you had another job lined up because you can't stomach the thought of going back to an office? Or did you have a job lined up? No matter what your circumstances, learn more about what could happen to your hard-earned investments Read the Full Story |
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The Early Bird Stock Of The Day Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio. | | View Today's Stock Pick |
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