Good MorningChurn continued on Wall Street Wednesday, with the S&P 500 gaining a little more than 0.5% to reclaim the week's highs. The move came just before the December CPI figures were released and may lead to a new all-time high in their wake. The CPI data is due today and may come in cooler than expected. A cooler-than-expected read will shorten the time until the first FOMC interest rate cut but poses a bigger risk. Cooler-than-expected inflation may raise fears of deflation and recession, sapping appetite for risk-on assets like equities.
Earning season action will heat up tomorrow. The Big Banks, including JPMorgan Chase, will report earnings, and the news will move the market. Revenue and earnings are expected to be solid due to higher interest rates; the question is how the consumer fares. As it is, data suggests the US consumer is resilient in 2024 and will continue to buy, albeit price-consciously. Featured: The Gold Story No One's Telling (Stansberry Research) 
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Are you looking for long-term investment opportunities?
Growth stocks could present a range of potential. Growth stocks are stocks issued by companies that primarily reinvest profits into business operations rather than returning money to shareholders as dividends. The best growth stocks to buy n... Read the Full Story |
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From Our PartnersThe internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. | | | | Here's the #1 stock to buy. |
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Are you looking to invest in hotel real estate investment trusts (REITs) in 2024?
Hotel REITs offer you the chance to diversify your portfolio with exciting and luxurious properties in exotic locations around the world, from New York to Bali. By investing in a REIT, you can potentially incr... Read the Full Story |
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Howmet Aerospace Inc. (NYSE: HWM) stock is up more than 3% after Truist Financial Corporation (NYSE: TFC) upgraded the stock from a Hold to a Buy with a $74 price target, which is significantly higher than the firm's previous $46 price target.
Two days before that upgrade, an analyst at Bern... Read the Full Story |
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Chewy, Inc. (NYSE: CHWY) and Williams-Sonoma (NYSE: WSM) received upgrades that investors can buy into. Not because a single upgrade is enough to move a market but because these upgrades align with recent trends. Those trends suggest the markets for these retail stocks are at a critical turning po... Read the Full Story |
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PepsiCo Inc. (NASDAQ: PEP) and French grocery giant Carrefour SA (OTCMKTS: CRRFY) are pointing fingers at each other, with each blaming the other for a dispute over prices.
The PepsiCo chart shows the stock trading 1.66% lower for the week, after the close on January 11.
Carrefour is one o... Read the Full Story |
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From Our PartnersEverything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for just $5. | | | | Click here for full details. |
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Markets | | | Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for everyday investors. The new exchange-traded funds, or ETFs, give investors an asset that closely tracks the price of bitcoin. The Securities and Exchange C... Read the Full Story |
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Stocks | | | Wall Street closed its 10th winning week in the last 11 with a mixed finish Friday following an encouraging report on inflation.The S&P 500 edged up by 0.1% after earnings reporting season kicked off with mixed results from Delta Air Lines, JPMorgan Chase and others. The Dow Jones Industrial Ave... Read the Full Story |
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Markets | | | Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the U.S. The announcement is just the latest tieup in the energy sector, following a nearly $60 billion deal between Exxon Mobil and Pioneer Natural Resources and a $53 billion deal between Chevron and Hess Read the Full Story |
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Markets | | | China's exports grew slightly for a second consecutive month in December even as deflationary pressures persisted, according to official data released Friday that underscored the uneven nature of the country’s economic recovery from the pandemic. Demand for Chinese exports has been weak since the Fe... Read the Full Story |
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Markets | | | Ark 21Shares: ARKBBitwise: BITBBlackRock: IBITFidelity: FBTCFranklin Templeton: EZBCGrayscale: GBTCHashdex: DEFIInvesco Galaxy: BTCOValkyrie: BRRRVanEck: HODLWisdomTree: BTCW Read the Full Story |
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Friday's Early Bird Stock Of The Day VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules. The company also provides speakers; A/V receivers; home theater, and business and streaming music systems; on-ear and in-ear headphones; wired and wireless, and Bluetooth headphones and ear buds; soundbars; digital living network alliance compatible devices; high-definition television and wireless fidelity antennas; high-definition multimedia interface accessories; karaoke and infant/nursery products; home electronic accessories, such as cabling, power cords, and other connectivity products; performance enhancing electronics; TV universal remote controls; flat panel TV mounting systems; power supply systems and charging products; solar powered balcony systems; electronic equipment cleaning products; hearing aids and personal sound amplifiers; set-top boxes; and home and portable stereos. In addition, it offers iris identification and biometric security related products. The company was formerly known as Audiovox Corporation and changed its name to VOXX International Corporation in December 2011. VOXX International Corporation was founded in 1960 and is headquartered in Orlando, Florida. | | View Today's Stock Pick |
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