Good MorningEquity markets were able to advance on Friday after a week of consolidation. The S&P 500 moved up through the 4300 level to set a new 12-month high and it may keep going higher. However, the move is not driven by any fundamental factor that can be pinned down, so the bottom could fall out of the market at any time. This week's risk is multi-faceted and could be the difference between a summer rally and a quick reversal.
Topping the list of market-moving events is the FOMC meeting. The FOMC is not expected to hike rates but may surprise the market with its statement. The CPI is another market-moving event, and it comes out ahead of the FOMC announcement. whatever the market thinks will happen at the meeting could change, given the CPI news. After that, it's the retail sales figure which is due out on Thursday. Retail sales are expected to rise YOY but not enough to offset inflation; the takeaway is that demand is in decline only we're paying more for what we get. Featured: "Chilling War Games Show US Forces Crushed" – FOX NEWS (Behind the Markets) 
|
Markets | | |
Are you intrigued by the world of investing but are bewildered by the complex terminology surrounding financial instruments? If questions like "What is a mutual fund?" have left you scratching your head, fret not!
We will unveil the mysteries behind mutual funds, a popular choice among seas... Read the Full Story |
|
From Our PartnersBiden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now. | | | | Get The Rest Of The Details Here |
|
Markets | | |
Tax software may not be the most glamorous business; as of today, no company in that industry has launched a virtual reality headset. However, if you’re scouting for a company with solid double-digit revenue growth that’s being snapped up by institutional investors, then Vertex Inc. (N... Read the Full Story |
|
Markets | | |
After surging more than 1000% and giving up every bit of the gains, the shares of FuelCell Energy (NASDAQ: FCEL) are back to a realistic valuation. The stock is trading even with the pre-boom price point of $2.30, which makes it an attractive buy, given its progress over the past 2 years. The comp... Read the Full Story |
|
From Our PartnersAre you concerned about economic uncertainty and want to secure your financial future? We've identified a strong stock that has shown resilience even during recessions, providing a shield to your finances and potential profits in a market downturn.
By clicking link you are subscribing to The Darwin Investor Network and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here.
| | | | Download Our Report to Find Out More |
|
Markets | | | Nasdaq is buying Adenza, a company that makes software used on Wall Street, for $10.5 billion in cash and stock.The acquisition from owner Thoma Bravo, an investment company, includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock.Nasdaq CEO Adena Friedman has been pushing the ... Read the Full Story |
|
Markets | | | UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country's two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off mark... Read the Full Story |
|
From Our PartnersOne AI lawyer can now service 253 clients in a day...
One college student can now replace several coding engineers with AI...
And for retirees, this new era of technology may have given them the best chance to catch up on their retirement goals. | | | | Click here now to see how
|
|
Markets | | | Turkish President Recep Tayyip Erdogan won reelection last month despite a battered economy and a cost-of-living crisis that experts say are exacerbated by his unconventional economic policies. The longtime leader appointed an internationally respected former banker as finance and treasury minister ... Read the Full Story |
|
Markets | | |
This month, London-based Rio Tinto Group (NYSE: RIO) became the first mining company to operate an open pit mine solely with renewable diesel fuel. A shift from using fossil diesel to renewable diesel in heavy machinery at its California borax mine marked a significant milestone in a quest t... Read the Full Story |
|
Markets | | |
Cactus (NYSE: WHD) expected the acquisition of Flexsteel to be accretive in the first year, and the execs were more than right. The Q1 results were good enough but came with solid guidance for Q2, which is now improved. The company issued a new investor presentation outlining the company’s p... Read the Full Story |
|
Markets | | | Sales of Yizhuan Automobile Co.’s trash trucks picked up after China ended anti-virus controls in December, but their growth is in low gear as managers struggle to rebuild business lost during the pandemic.China’s economy rebounded at the start of 2023, but after a good first quarter, factory outpu... Read the Full Story |
|
Markets | | | European leaders visiting Tunisia on Sunday held out the promise of more than 1 billion euros in financial aid to rescue its teetering economy and better police its borders, in an effort to restore stability to the North African country — and to stem migration from its shores to Europe.A Tunisian ri... Read the Full Story |
|
Monday's Early Bird Stock Of The Day EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services. It also provides operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. The company serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania. | | View Today's Stock Pick |
|
