Good MorningEquity markets are poised to hit new highs, provided the CPI report meets expectations. The report is expected to show economic activity sustaining consumer-level inflation at a 2.5% pace, which is bad news for interest rates but good news for corporate earnings. At 2.5%, inflation is well below the highs set in 2022 but still above the Fed's target rate, which means it can relax its policy, but only so far. In this environment, inflation is just as likely to heat up as cool, and the regulatory outlook may lead to economic acceleration and upward pressure on prices in 2025.
If the S&P 500 sustains a move above 6,100, the next target is 7,400, which may be reached by the end of 2025. The driver will be earnings and outperformance, with tailwinds forming in the back half of the year. Earnings will fuel capital returns and capital return growth, including dividends and share buybacks, which will reach record levels. Featured: The 20 Year Bull Market Is Here - And This Tiny Company Holds the Keys (i2i Marketing Group, LLC) |
Stocks | | U.S. stocks slipped Thursday as the market’s big burst following Donald Trump’s election continued to cool. The S&P 500 fell 0.6%, though it’s still near its all-time high set on Monday. The Dow Jones Industrial Average dropped 207 points, or 0.5%, and the Nasdaq composite sank 0.6%.Cisco Sys... Read the Full Story |
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From Our PartnersKamala Harris is the official Democratic nominee, and with her comes a new era of economic policy. Is your portfolio prepared for the potential market shakeup? Discover the assets you need to protect your investments in uncertain times.
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When stocks move exponentially, there are typically two major forces at play behind the move. One of them is momentum, but that can only be made possible through enough volume pressure to get the stock to move in the first place. This is why, today, spotting unusual trading volume on specific name... Read the Full Story |
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Stocks | | U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates.The S&P 500 was nearly unchanged and edged up by less than 0.1%, coming off its first loss since a big rally eru... Read the Full Story |
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From Our PartnersDid you miss out on the 1000%+ gains of Bitcoin over the past 5 years?
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Not all companies entered 2024 riding high. Normalization from the 2021 post-COVID boom has still been a common stay for many companies in the computer and technology and consumer discretionary sectors. Overproduction to avoid any future supply chain bottlenecks resulted in an inventory surplus th... Read the Full Story |
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Rocket Lab USA Inc. (NASDAQ: RKLB) stock is up more than 40% the day after reporting a record number of launches for its Electron rockets in the prior quarter. The Electron rocket provides launch services that allows commercial and government customers to deploy satellites and other payloads into ... Read the Full Story |
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SoundHound AI (NASDAQ: SOUN) will advance by triple digits in 2025 because it is the leading play on conversational AI. The company is well-positioned in a world where AI is rapidly advancing and AI-enabled services are expected to dominate, providing a suite of services and apps that connect bran... Read the Full Story |
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Celsius Holdings Inc. (NASDAQ: CELH) delivered a poor earnings report on November 6. Investors had been forewarned that the company was likely to miss on the top and bottom lines, but the size of the miss was enough to send shares lower.
Celsius delivered revenue of $265.75 million, whic... Read the Full Story |
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Stocks | | Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking out inflation. But his proposed economic ... Read the Full Story |
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Markets | | A Federal Reserve official gave a lengthy defense of the central bank's political independence Thursday, just days after former President Donald Trump, an outspoken Fed critic, won re-election. “It has been widely recognized — and is a finding of economic research — that central bank independence is... Read the Full Story |
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Markets | | British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth Read the Full Story |
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Thursday's Early Bird Stock Of The Day Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications, and various services for music and visual products. In addition, the company produces, acquires, and distributes live-action and animated motion pictures for theatrical release, as well as scripted and animated series, unscripted reality or light entertainment, daytime serials, game shows, television movies, and miniseries and other television programs; operation of television networks and direct-to-consumer streaming services; operates a visual effects and animation unit; and manages a studio facility. Further, it researches, develops, designs, produces, markets, distributes, sells, and services televisions, and video and sound products; interchangeable lens, as well as compact digital, and consumer and professional video cameras; projectors and medical equipment; mobile phones, accessories, and applications; and metal oxide semiconductor image sensors, charge-coupled devices, integration systems, and other semiconductors. Additionally, it offers Internet broadband network services; recording media, and storage media products; and life and non-life insurance, banking, and other services, as well as creates and distributes content for PCs and mobile phones. The company was formerly known as Sony Corporation and changed its name to Sony Group Corporation in April 2021. Sony Group Corporation was incorporated in 1946 and is headquartered in Tokyo, Japan. | View Today's Stock Pick |
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