Good MorningEquity markets advanced on Monday, extending the rebound that began last week. Mixed news has investors on edge, but bank earnings suggest a solid reporting season for the S&P 500, lifting it by more than 1.0%. If the index can post earnings growth, it will be the first time in several quarters, putting the index on track to extend the 2023 gains in 2024. The question is what kind of guidance the reporting season will bring, and the odds favor downward revisions. In this scenario, lift the market gets from the Q3 reporting cycle could be short-lived.
The market is bracing for a week filled with economic reports, Fed-speak, and earnings reports. Releases due include Philly Fed and Empire State manufacturing surveys, retail sales, the Beige Book, and at least 11 speaking appearances by Fed members. Any of these events may include insight into the Fed's next move. Because the market is still undecided about the peak of rates, unexpected news of any kind could spark market volatility including rallies or corrections. Featured: 353 Banks Could Retire U.S. Dollar by Dec 31 (Roundtable Research) 
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Warren Buffett's stock portfolio, also known as the portfolio of Warren Buffett or Warren Buffett investments, refers to the collection of publicly traded securities held by the renowned billionaire investor and his company, Berkshire Hathaway. This portfolio represents various company investments... Read the Full Story |
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From Our Partners=== BREAKING === U.S. Loses to China in Shocking WAR GAMES Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon. Get the name of the stock here >>> | | Get the name of the stock here |
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During the recent times of record high inflation (2021-2022), a few things have changed to dislocate markets from where they stood before the COVID-19 pandemic. However, this is not your grandfather's post-crisis rally; the next period could be what some economists call 'the lost decade.'
Today's... Read the Full Story |
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Online retailer Overstock.com Inc. (NASDAQ: OSTK) sells home décor and products at a discount. It renamed its online presence after acquiring the IP rights to Bed Beth & Beyond for $21.5 million in June 2023 from bankruptcy. The purchase included the Bed Bath & Beyond brand name, cu... Read the Full Story |
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From Our PartnersIf you’re looking for an INCREDIBLE deal on stocks with huge growth potential, now is the time to look at this list our team prepared. (**By clicking the link you are subscribing to the Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here)
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The Chefs' Warehouse Inc. (NASDAQ: CHEF) is a wholesale distributor of high-end specialty food products ranging from meats, seafood, dairy and fresh produce to cakes, truffles and caviar. They also offer kitchen supplies and equipment. Its supply chain includes over 2,500 suppliers and 55,000 stoc... Read the Full Story |
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Stocks | | Asian shares advanced Tuesday after U.S. stocks rallied as investors unwound some of last week’s moves driven by worries about war in the Middle East. Oil prices slipped and U.S. futures also edged lower. Markets are awaiting China’s latest economic growth figures, due Wednesday. Economists are fore... Read the Full Story |
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From Our PartnersAs you know, the stock market has been volatile lately, and there's a lot of uncertainty in the air. But we want to assure you that this is not the time to panic. In fact, it's the time to be buying stocks.
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Markets | | The Owino Market in Uganda's capital has long been a go-to enclave for rich and poor people alike looking for affordable but quality-made used clothes, underscoring perceptions that Western fashion is superior to what is made at home Read the Full Story |
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Markets | | The Owino Market in Uganda's capital has long been a go-to enclave for rich and poor people alike looking for affordable but quality-made used clothes, underscoring perceptions that Western fashion is superior to what is made at home Read the Full Story |
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Do you need proof that rising interest rates are taking their toll on corporate profits? Look no further than NextEra Energy, Inc. (NYSE: NEE).
The Florida-based electric utility is feeling the heat from higher rates, and its bottom line is getting burned. After posting 14% profit growth in... Read the Full Story |
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Markets | | Shares have fallen in Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter. U.S. futures also fell, while oil prices jumped $2.China's National Bureau of Statistics said the world's second-largest economy slowed in the summer... Read the Full Story |
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Markets | | Some of the most used platforms for travel and online shopping said Tuesday they’re going to team up to battle fake reviews. Amazon, reviews site Glassdoor and Trustpilot, as well as travel companies Expedia Group, Booking.com and Tripadvisor said in an announcement they’re launching a coalition tha... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio. | View Today's Stock Pick |
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