Good MorningEquities pulled back on Monday on the combination of inflation fear and falling oil prices. The price of WTI fell more than 3.75% intraday to drive a similar decline in the energy sector. With the energy sector expected to post the largest increase in YOY earnings the move in oil prices and the XLE could alter the outlook for the entire reporting season. As for inflation, the March read of the Consumer Price Index is due on Tuesday and it is expected to be historic.
The pace of consumer inflation is expected to hold steady at 0.5% month to month and it could easily top those expectations. the risk for the market is in the YOY comparisons which are expected to accelerate as well. With consumer-level inflation expected to top 6.5% at the core level, the expectations for aggressive FOMC interest rate hikes are going to go through the roof. Featured: Benefit from NFTs without buying NFTs? (Active Trader News) 
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Markets | | we’ve decided to put together an overview of 3 tech stocks to buy for retirement below. Each one of these companies is a market leader and has the financial stability to help you sleep well at night, even during periods of market volatility. Read the Full Story |
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From Our PartnersYou should plan your next shopping trip around these 27 items. In the coming days, they could skyrocket in price…
Investing expert Dave Forest just went on-site at an American superstore to find out what the HECK is going on in America. | | Click here now to see what’s on Dave’s list |
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Markets | |
Inflation data and a flight to safety may conspire against DAL stock
The good news is that Delta Air Lines (NYSE:DAL) is up nearly 5% on a day when the broader market is slumping. The bad news is this may be the only good news for DAL stock shareholders in the short term. In our opinion, th... Read the Full Story |
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Politics | | Global stocks and Wall Street futures sank Tuesday as investors waited for U.S. inflation data amid unease about higher interest rates, Chinese efforts to contain coronavirus outbreaks and Russia's war on Ukraine.
London, Frankfurt, Tokyo and Seoul fell. Shanghai and Hong Kong advance... Read the Full Story |
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From Our PartnersYou see, although the Russian oil supply crisis is creating havoc around the world… there are two stocks worth investment consideration. One is a blue chip, multinational energy company that recently crushed its revenue and earnings estimates. Hedge funds are pouring money into it. The other stock recently almost doubled in 26 days.
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Markets | | It’s been a volatile few weeks for shares of social media platform Twitter (NYSE: TWTR), with the stock logging some of its highest traded volume in years. They popped as much as 40% in the first week of April, but have already started to give back a hefty portion of those gains. The catalyst ... Read the Full Story |
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Politics | | MOSCOW — The Russian military says it has hit Ukrainian arsenals with long-range cruise missiles.
Russian Defense Ministry spokesman Maj. Gen. Igor Konashenkov said Tuesday that the military used air- and sea-launched missiles to destroy an ammunition depot and a reinforced hangar for... Read the Full Story |
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From Our PartnersDon't worry about buying NFTs directly. We've identified 3 stocks linked to the explosive assets known as NFTs or Non-fungible tokens that in 2021 reached $17.6 billion in sales. Don't miss your opportunity for exposure with this 3 NFT stocks report. | Details - including Names and tickers - are included here. |
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Politics | | KYIV, Ukraine — Ukrainian police say they have launched a war crimes investigation after a 64-year-old man was killed by a mine left behind in an area from which Russian forces recently retreated.
Police said the unidentified local man was driving Monday near the village of Krasne in ... Read the Full Story |
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Politics | | MOSCOW — President Vladimir Putin says the Russian military action in Ukraine aims to ensure Russia’s security and is vowing that its goals will be achieved.
Speaking Tuesday on a visit to the Vostochny space launch facility in Russia’s Far East, Putin charged that Ukraine was turned ... Read the Full Story |
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Politics | | MOSCOW — Russian President Vladimir Putin says that his country can’t be isolated.
Speaking on a visit to the Vostochny space launch facility in Russia’s Far East, Putin said Tuesday that Russia has no intention to isolate itself and added that foreign powers wouldn’t succeed in isola... Read the Full Story |
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Markets | |
Recession resistant and cost-conscious: Even though it's a mouthful, it's worth considering retail stocks that cater to cost-conscious shoppers. If you're anything like most people, during inflationary times, you're ironing out how to buy everything in bulk (à la Costco (NASDAQ: COST) or at... Read the Full Story |
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Markets | | Schlumberger (NYSE: SLB) stock has been moving higher on warming analysts' sentiment and that sentiment is coming to a boil. There have been at least 5 upgrades or price target increases since March 31st and we don’t see this trend ending. Read the Full Story |
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Tuesday's Early Bird Stock Of The Day EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas. | View Today's Stock Pick |
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