Good MorningThe equity market went on a wild ride Thursday after the headline CPI reading was weaker than expected. The news sent a wave of relief through the market as investors looked for clues to the Fed's next move. The relief was short-lived because the data, while cooler than expected, is an acceleration from the previous month, and the core figures are still hot. In this scenario, the FOMC is still expected to increase rates later this year.
The news helped send the oil price down more than 1%. This is good news for the inflation picture, but the downturn may not last long. OPEC+ has the market tilted firmly in favor of higher prices, and that will only change with demand destruction. As it is, demand for oil remains high and underpinned by a healthy labor market. If oil continues to trend higher as it has the last 2 months, inflation will spike again later this year. Featured: Buy THIS stock before Taiwan is attacked (Behind the Markets) 
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Investors and traders need to understand stock dilution because it can lower the value of existing shares and reduce a shareholder's ownership percentage in a company. If that sounds confusing, don't worry.
What is diluted stock? Understanding what diluted shares mean is crucial for investo... Read the Full Story |
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From Our PartnersWe are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market. | | | | Get all the details here >>> |
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An interesting shift in allocation and performance has occurred over the last month, with the energy sector catching up to the overall market. Over the last month, the Energy Select Sector SPDR Fund (NYSE: XLE) has gained almost 9%, while the overall market, SPDR S&P 500 ETF Trust (NYSE: SPY),... Read the Full Story |
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There are few - if any - conglomerate stocks that can decline by as much as 62% and still not command the massive waves of investment that these blue-chip names typically do, today the story seems to take a turn on its head, providing investors with the opportunity to buy one of America's househol... Read the Full Story |
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From Our PartnersThe Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price. | | | | Get all the details here >>> |
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Markets | | | A choppy day of trading on Wall Street ended Friday with an uneven finish for the major stock indexes, as mixed economic data stoked worries that the Federal Reserve’s work on bringing inflation to heel isn’t done.The S&P 500 slipped 0.1% after wavering between small gains and losses most of the... Read the Full Story |
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Markets | | | Swiss taxpayers are off the hook from a government-engineered rescue plan that doled out billions to help UBS, the country's largest bank, take over its ailing rival Credit Suisse.UBS said Friday that it has shut down state support that had made available up to 200 billion Swiss francs (about $230 b... Read the Full Story |
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From Our PartnersThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return. | | | | Get the Details Here >>> |
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Royal Caribbean Cruises Ltd. (NYSE: RCL) shares are up 108.72% this year, as the industry is rebounding from devastating losses directly connected to pandemic-era restrictions.
But the company isn’t just floating aimlessly. Royal Caribbean is preparing to set sail with Isle of the Sea... Read the Full Story |
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Markets | | | The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather Read the Full Story |
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Markets | | | The average long-term U.S. mortgage rate rose this week to just under 7%, the latest setback for would-be homebuyers already facing affordability challenges due to a housing market limited by a shortage of homes for sale Read the Full Story |
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Markets | | | The United States, United Kingdom, and Canada slapped sanctions Thursday on Lebanon's embattled former central bank governor and a handful of close relatives and associates over allegations of corruption, the U.S. Treasury Department said.Riad Salameh, 73, ended his 30-year tenure on July 31 under a... Read the Full Story |
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Nearly a year after CEO Bob Iger’s return to Disney’s (NYSE: DIS) throne, the magic returns to the Magic Kingdom. While hurdles remain, there are signs that traction is building and will sustain earnings power this year and next. The critical takeaway is that the company is progressing... Read the Full Story |
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Friday's Early Bird Stock Of The Day HighPeak Energy, Inc., an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas. | | View Today's Stock Pick |
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