Good MorningEquity markets tried to claw their way higher on Monday but the gains didn't hold. The S&P 500 closed the day up slightly but well off of the highs and once again confirmed the presence of resistance near the 4,100 level. This resistance may cap gains for the foreseeable future given the amount of uncertainty in the market and there is downside risk as well. The PCE Price index is due out on Friday and may send the market into another tailspin. While headline inflation is expected to accelerate under the forces of higher energy prices, core inflation is expected to moderate but both are forecast to be very high on a YOY basis.
The takeaway is that inflation is running more than double the Fed's target rate and has been for a year. At this pace, prices are rising at a double-digit clip in the two-year comparison and eroding consumer spending power every minute. The FOMC has promised to act, albeit late, and will raise interest rates by at least 50 basis points at their meeting next week. Featured: Why You (Yes, You!) Need To Invest In The Metaverse (Darwin) 
|
Markets | | | CrowdStrike stock is down despite a strong earnings report. This article explains why this is all about institutional investors and why it may be an opportunity to strategically accumulate CRWD stock at an attractive price Read the Full Story |
|
|
Politics | | | Global stock markets were mixed Tuesday after a bond sell-off on Wall Street fueled anxiety about a possible U.S. economic slowdown and Australia raised interest rates.
London, Shanghai and Hong Kong declined. Frankfurt opened higher and Tokyo gained.
The yen, trading a... Read the Full Story |
|
Politics | | | Asian stock markets were mixed Tuesday after a bond sell-off on Wall Street fueled anxiety about a possible U.S. economic slowdown and Australia raised interest rates.
Shanghai and Tokyo advanced while Hong Kong and Seoul declined. The yen, trading at two-decade lows, fell further to ... Read the Full Story |
|
From Our PartnersExpert predicts an announcement scheduled for June 15, 2022, could have many Americans unloading their investments and running to the bank. With just one move, the most popular asset in America could suddenly be on its way to being illegal. | | Click here to see how you can protect your family and wealth. |
|
Markets | | | Online advertising measurement firm DoubleVerify (NYSE: DV) stock has fallen (-36%) from its IPO highs in 2021. The bear market sell-off was brutal on the enterprise digital media monitoring platform. However, the Company has been grew at 43% in its record Q1 2022 top line and raised its fiscal 2022... Read the Full Story |
|
Markets | | | Telehealth software company Teledoc Health (NYSE: TDOC) stock has collapsed from a post-pandemic high of $308 in Feb 2021 to a recent low of $27.38 in May 2022. To call this a tragedy for investors at the top would be an understatement. However, shares were trading in the $9s pre-pandemic in 2016. T... Read the Full Story |
|
From Our PartnersAn upcoming, once-in-a-lifetime event might be the single most important date of your life.
Bill O'Reilly will join Oxford Club Chief Investment Strategist Alexander Green to reveal perhaps the greatest moneymaking strategy this country has ever seen.
Take advantage of this powerful, wealth-building technique the "political elites" don't want you to see! | | RSVP for FREE by clicking here. |
|
Politics | | | Australian Prime Minister Anthony Albanese has visited an eastern Indonesia area with close ties to Indigenous Australians as he continued a trip aiming to strengthen his country’s economic ties with its closest major neighbor Read the Full Story |
|
Politics | | | Sri Lanka’s prime minister said Tuesday that the United Nations has arranged a worldwide public appeal to help the island nation’s food, agriculture and heath sectors face serious shortages amid its worst economic crises in recent memory Read the Full Story |
|
Politics | | | Australia’s central bank on Tuesday lifted its benchmark interest rate for a second time in five weeks, changing the cash rate to 0.85% from 0.35%.
When the Reserve Bank of Australia’s lifted the rate by a quarter percentage point at its last monthly board meeting on May 3, it was the... Read the Full Story |
|
Markets | | | We like the Consumer Staples sector there is no secret about that. The sector offers steady revenue and earnings growth, reliable dividends, and very often distribution growth that comes with decades of history to back it up. In today’s times, with inflation on the rise and the threat of recession growing, these kinds of stocks are more attractive than ever and are getting attention from analysts. Read the Full Story |
|
Markets | | |
Now is an ideal time to get some exposure to precious metals
Investors are trying to find growth wherever they can. Right now, that means commodities. This goes beyond the price of oil and the rising prices at the gas pump. The Russian invasion of Ukraine is leading to skyrocketing wheat pr... Read the Full Story |
|
Tuesday's Early Bird Stock Of The Day Maxar Technologies Inc. provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through two segments, Earth Intelligence and Space Infrastructure. The Earth Intelligence segment offers earth imagery and other geospatial data sourced from its advanced satellite constellation and third-party providers to public sector and enterprise customers, as well as a provides advanced geospatial information, applications, and analytic services for national security and commercial solutions. Its solutions include satellite access, geospatial foundation, precision mapping, on-demand intelligence, and geospatial services. It serves U.S. and international government agencies, and enterprise customer verticals. The Space Infrastructure segment provides space-based infrastructure, robotics, sub-systems, and information solutions, including communication and imaging satellites and payloads; platforms for space exploration and hosting instruments for earth science; space subsystems for power, propulsion, and communication; satellite ground systems and support services; space-based remote sensory solutions; space robotics; and defense systems. This segment serves government agencies and satellite operators. Maxar Technologies Inc. was founded in 1957 and is headquartered in Westminster, Colorado. | | View Today's Stock Pick |
|
