Good MorningEquity markets fell hard on Tuesday, shedding more than 2.0% by the end of the day. The move may be a referendum on the election results, but there is more to the story as well. Not only were there a number of bad earnings reports from names like Disney, but the CPI index is due out today. The expectation for the CPI wasn't good, and there is a chance that it could come in hot and accelerate at a quicker pace than the market has priced in. Regardless, the data will be consistent with the Fed's outlook unless it falls by an unexpectedly sharp amount.
With earnings season winding down and the CPI behind us, the market will have nothing but economic data and day-to-day news to drive it, and that is a recipe for volatility. The next major economic reports are due out next week and include retail sales, the home builders index, key reads on manufacturing, and the Index of Leading Indicators. As it is, good news for the economy is bad news for inflation and interest rate hikes and may cap gains in the market. Featured: Author of Get Rich with Dividends Is Giving Away His Ultimate Dividend Package FOR FREE! (The Oxford Club) 
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Markets | | | Charles Schwab (NYSE: SCHW) has evolved beyond its humble beginnings as a discount broker. Even before the advent of the internet, Schwab’s niche was offering its discount brokerage services to retail investors at a cheap one-price commission garnering nearly a 51% market share of retail inves... Read the Full Story |
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If you have been thinking about picking up a few shares of DraftKings (NASDAQ: DKNG), analysts would advise you wait for now, as they have given the stock a [Moderate] BUY rating after it fell more than 12% in premarket trading this last week. The surprise slip came after the online sports betting... Read the Full Story |
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Politics | | | Global stock markets are lower ahead of a U.S. inflation update that will likely influence Federal Reserve plans for more interest rate hikes as investors wait to see who will control Congress after this week’s elections Read the Full Story |
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On the heels of stronger orders, than they expected, DoorDash (NYSE: DASH) stock jumped nearly 12% in premarket trading on Friday, last week, even as the quarterly loss was wider than they expected. Apparently, customers are still willing to spend more money on delivery food as prices continue to ... Read the Full Story |
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Markets | | | Ever wonder how those commercials on your streaming services, like Hulu, seem to know a lot about you? Companies like online ad platform The Trade Desk (NASDAQ: TTD) are one of the parties behind this narrow targeting.
The Ventura, California company has been profitable since going public in ... Read the Full Story |
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Politics | | | College athletic programs are reacting to soaring inflation the same way as everyone else — they’re looking for ways big and small to save money.
In the Power Five, home of college sports' biggest budgets and most considerable resources, schools are working with boosters and other par... Read the Full Story |
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Markets | | | The sole reactor of a nuclear power plant in southern Sweden was working again but the plant remained disconnected from the country's power grid Thursday, an official said.
The power station's Oskarshamn 3 reactor was shut down Wednesday due to unexpected turbine problems. The outage ... Read the Full Story |
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Markets | | | European Union Commission President Ursula von der Leyen has paid an official visit to Moldova and announced a 250 million-euro (-dollar) support package to help the small nation overcome an acute winter energy crisis amid Russia’s war in Ukraine Read the Full Story |
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Politics | | | When it comes to helping poor nations cope with climate change, the United States government left its wallet at home. So it hopes its friend, big business, can help pick up the tab.
Unable to persuade Congress or the American public to spend billions of dollars more a year in climate... Read the Full Story |
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Markets | | | Revenue is growing and losses are narrowing, but that wasn’t enough to stop shares of luxury electric vehicle maker Lucid Group (NASDAQ: LCID) from gapping down Wednesday.
The company reported third-quarter results late Tuesday, with shares plummeting more than 18% on news of declining reserv... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, Bright HealthCare and Consumer Care. The Consumer Care segment delivers virtual and in-person clinical care services contracts through primary care clinics. It operates managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers medicare health plan products to consumers. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota. | | View Today's Stock Pick |
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