Good MorningThe S&P 500 wobbled on Thursday but managed to end the day higher despite hawkish commentary from the FOMC. The FOMC Chief Jerome Powell reiterated once again the committee's commitment to fighting inflation and bringing it back down to the 2.0% range. Based on the recent string of inflation data, this means a high probability for another 75 basis point hike making this the most aggressive FOMC on record.
Next week, the market will face its final hurdle before the September FOMC meeting. The CPI report is due out on Wednesday and may show a month-to-month decline in inflation due to lower gas prices but the core YOY figures are expected to remain hot. This data will support another rate hike if not a 75 basis point hike so there is a chance for market volatility. Weak data (better than expected) or strong data (worse than expected) will move the market. Featured: Forbes mag says this strategy "like finding money in the street" (Tradewins) 
|
Markets | |
Even before the current energy crisis, Enphase Energy (NASDAQ: ENPH) was having a banner year. In fact, as I’ll show you a little later in this article, ENPH stock has been one of the hottest stocks to buy since the onset of the Covid-19 pandemic.
Investors often pay attention to tren... Read the Full Story |
|
From Our PartnersMarkets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE.
He lives financially free trading this One Stock Once per month... | | Ticker Revealed. |
|
Politics | | Global stock benchmarks rose Friday, as comments from the U.S. Federal Reserve chairman assured markets that interest rate increases will likely be within expectations.
France's CAC 40 added 0.7% in early trading to 6,168.33, while Germany's DAX gained 0.9% to 13,014.33. Britain's FT... Read the Full Story |
|
Stocks | |
Renewable energy stocks have been one of the most intriguing sectors for investors. According to the U.S. Energy Information Administration, the share of U.S. electricity generation that comes from renewable sources may double from 21% in 2020 to 42% in 2050. And that’s on top of the pronoun... Read the Full Story |
|
|
Tech | | Data storage solutions giant Seagate Technology (NYSE: STX) issued its second earnings guidance cut in five weeks as macroeconomic shifts struck fast and hard. The Company was firing on all cylinders in 2021 raising its top and bottom line guidance amid frenzied demand for both hard disc drives (HDD... Read the Full Story |
|
Politics | | The European Union is intensifying its mission to shield the population from dramatically increasing energy prices that threaten to plunge millions into cold and poverty over the winter as tensions mount with Russia over the war in Ukraine Read the Full Story |
|
From Our PartnersThe Pentagon has said doing "THIS" was their "#1 Priority."
And Wall Street's smartest investors are starting to invest billions into it.
Opportunities like this give smart investors the chance to earn 46,751% returns. | Click here to see how it works |
|
Politics | | German gas importer VNG is seeking help from the government after cuts to Russian gas supplies forced it to buy gas at far higher prices on the market to fulfill its supply contracts.
Energy company EnBW, which has a majority stake in VNG, said Friday that its subsidiary was submittin... Read the Full Story |
|
Tech | | President Joe Biden wants to put the spotlight on a rare bipartisan down payment on U.S. manufacturing when he visits Ohio on Friday for the groundbreaking of a new Intel computer chip facility.
Biden heads to suburban Columbus to take a victory lap just as voters in the state are sta... Read the Full Story |
|
Markets | | The European Union has intensified its mission to shield the population from excessive energy prices that could dump millions into cold and poverty over the winter in the wake of Russia’s war in Ukraine that is driving up global energy prices Read the Full Story |
|
Stocks | |
Green energy and clean energy companies are once again at the center of news as the clean energy bill increasingly moves the U.S. economy towards greener energy sources. The move toward greener energy is not only an American theme, but a global theme as well, as many countries continue to move awa... Read the Full Story |
|
Markets | |
If you are looking to get into the hydrogen fuel cell market there is really only one choice for serious investors. While Nikola (NASDAQ: NKLA) is engaged in fuel cell technology it has too many irons in the fire and other, more focused companies like FuelCell Energy (NASDAQ: FCEL) and Ballard Pow... Read the Full Story |
|
Friday's Early Bird Stock Of The Day IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York. | View Today's Stock Pick |
|