Good MorningEquity markets rebounded on Thursday but failed to make up for the post-FOMC plunge the day before. The market gained more than 1.0% for the day, but a turning point may be at hand. Labor data, including the ADP report on hiring and the Challenger report on firing, suggest a significant economic slowdown. Job gains were weaker than expected, and layoffs surged to the 2nd highest level on record as businesses dug deep to find new ways to cut costs.
Today's NFP may tell a different tale. The NFP and ADP do not often track in alignment; the trend in data counts. As it is, the trends suggest some volatility in the labor markets, but conditions are otherwise healthy relative to historical norms. The widely watched initial claims data continues to trend within the 200,000 to 250,000 range associated with labor market strength. The Fed may not be on track to cut rates as soon as the market hoped but the economy is still on track for a soft landing. Featured: It's the hottest options trade ever... (Eagle Publishing) 
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In the ever-fluctuating stock market landscape, navigating bear markets can be a nerve-wracking experience for even the most seasoned individual investors. When stock prices plunge, and economic clouds gather, it's natural to question whether investing during such turbulent times is wise. But if y... Read the Full Story |
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From Our PartnersGold research firm says we could see much higher gold in 2024. "We'll show you the best possible way to play the current surge in gold for just $5." | | | | More here. |
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Stocks | | | Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy.Big gains for Meta Platforms and Amazon helped drive the S&P 500 index up by 1.1% to its latest all-time high. It’s in a torrid run where it... Read the Full Story |
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The BP plc (NYSE: BP) chart shows a stock setting up in a healthy base formation that often precedes a new rally.
The stock could be an undervalued gem, and already has some things going for it: The BP dividend yield is 4.2%, higher than energy stocks as a group. The company has increased i... Read the Full Story |
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From Our PartnersSince 2018, Eric Wade's investment recommendations have averaged 115%. But one investment he just discovered in Phoenix could blow them all away. It involves Elon Musk, Bill Gates, 32 government mandates, and an AI breakthrough... Not to mention a technology that could help you earn $30,000 a year outside the stock market. | | | | See for yourself! |
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Suppose you're a long-term investor looking to collect premiums passively or strongly believe in a stock's long-term price move. In that case, Long-term Equity AnticiPation Securities (LEAPS) options may be for you. LEAPS option contracts are not always available in any stock in any stock sec... Read the Full Story |
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Dividend growth stocks are attractive for many reasons, including their payments, increasing yield on capital, and insulation from market volatility, but there is a catch. These buy-and-hold names span all sectors but often come with higher-than-average valuations and lower-than-average yields, so... Read the Full Story |
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From Our PartnersA 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 |
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If there’s one industry that’s set to outgrow pretty much all others in the coming years, it’s data centers. At the start of last year, McKinsey said they were expecting demand to grow by at least 10% per year all the way through 2030. The advent of artificial intelligence (AI) i... Read the Full Story |
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Markets | | | Markets in China sank Friday despite a fresh flurry of measures to help prop up the ailing property sector, as the International Monetary Fund forecast that the Chinese economy will continue to slow in coming years. The report by the IMF forecast that the economy would expand at a 4.6% annual pace t... Read the Full Story |
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Markets | | | The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades Read the Full Story |
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Markets | | | Meta Platforms Inc_ tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the “year of efficiency.” Read the Full Story |
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Markets | | | Deutsche Bank said Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros ($2.7 billion) through next year and boost profits even as Germany’s largest lender benefits from higher global interest rates.The bank said it would seek to streamline its marketing netwo... Read the Full Story |
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Friday's Early Bird Stock Of The Day The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States, the United Kingdom, and internationally. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through SXM App for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. The Liberty SiriusXM Group is based in Englewood, Colorado. The Liberty SiriusXM Group operates as a subsidiary of Liberty Media Corporation. | | View Today's Stock Pick |
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