Good Morning Equity markets continue to rebound on Thursday despite the impending threat of rising inflation. The rally may come to an end on Friday however if the PCE price index is hotter than expected. On a technical basis, the S&P 500 set a new high in Thursday's action and looks like it could go higher but there is a risk. The indicators have not yet confirmed the bullish breakout.
The biggest question in the mind of traders now is “how will the market close on Friday?” A down day would confirm resistance at all-time high levels and likely lead to lower markets on Monday. There's not much on the earnings calendar for the next week but the economic calendar is full. Top of the list is the monthly non-farm payroll data due out on Friday and it is once again expected to be a big number.
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The "dirty little secret" the Fed is afraid to tell you (Weiss Ratings) 
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Markets | | | Even though Cathie Wood’s ARK Invest ETFs haven’t been top performers this year, investors should still be impressed by her keen ability for picking winning stocks over the long term. Wood tends to focus on buying innovative high-growth names on dips, which has been a strategy that is hi... Read the Full Story |
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From Our PartnersHuge Contracts With Dell & Microsoft Has Put This Company At The top Of Our List! | | | | Continue Reading |
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Markets | | | Asian shares rose Friday, buoyed by a rally on Wall Street that came after President Joe Biden announced a bipartisan deal on infrastructure spending.
Japan's benchmark Nikkei 225 jumped 0.7% in afternoon trading to 29,067.13. South Korea's Kospi gained 0.5% to 3,301.76. Australia's ... Read the Full Story |
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Markets | | | Global shares mostly rose Friday, buoyed by a rally on Wall Street that came after U.S. President Joe Biden announced a bipartisan deal on infrastructure spending.
France's CAC 40 shed 0.2% to 6,620.26 in early trading, while Germany's DAX slipped 0.2% to 15,562.46. Britain's FTSE 10... Read the Full Story |
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Markets | | |
Inflation affects your portfolio right here, right now. You probably already know about the dark side of inflation and how it affects your portfolio (that's why you invest heavily in stocks, right?), but have you really taken the steps to combat it? Let's find out.
What is Inflation?
Inflation m... Read the Full Story |
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Politics | | | China has criticized U.S. curbs on imports of solar panel materials that might be made with forced labor as an attack on its development and said Beijing will protect Chinese companies, but gave no details of possible retaliation Read the Full Story |
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From Our PartnersIf you own a cell phone, then mobile service providers hope you never get to see this video that could soon go viral.
His experiment could strike a bad chord with mobile phone companies. But you’ve got to see what this man discovered and what it means for phone users in the weeks ahead. | | | | Click here to see this video before it's removed |
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Tech | | | Battered Japanese nuclear and electronics giant Toshiba Corp. faced off with shareholders Friday, seeking to shake off serious questions about governance at the once revered brand.
After a meeting lasting nearly three hours, Tokyo-based Toshiba failed to win shareholder approval for ... Read the Full Story |
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Tech | | | Battered Japanese nuclear and electronics giant Toshiba Corp. faced off with shareholders Friday, seeking to shake off serious questions about governance at the once revered brand.
After a meeting lasting nearly three hours, Tokyo-based Toshiba won shareholder approval for its 11 rep... Read the Full Story |
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Markets | | | Snapchat (NYSE:SNAP) shareholders have been on a wild ride in 2021, as the stock rallied to hit all-time highs early in the year only to fall over 30% from its peak. The social networking company is an exciting option for growth investors who are interested in interactive media exposure, although it... Read the Full Story |
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Markets | | | The Nike (NYSE: NKE) growth story is one that seems to have no end. Over the past year, the company has doubled down on a transformation of its business that includes a heavy focus on direct-to-consumer sales and e-commerce. Read the Full Story |
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Markets | | | Even as major indexes rallied to new highs, Carnival Cruise Lines (NYSE: CCL) slumped more than 2% after reporting a second-quarter loss of $2 billion.
Cruise lines were among the industries most severely battered by Covid closures last year and early this year.
Could its ongoing progr... Read the Full Story |
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