Good MorningEquity markets began the final months of the first half of 2024 on a quiet note. The S&P 500 traded in a tight range around break-even to close with a small loss of less than 0.1%. This marks the 4th consecutive trading at the current levels within a tight and tightening range, suggesting consolidation ahead of the next move. The next will likely be sparked by this week's economic data, which includes the Employment Situation Report, AKA the nonfarm payrolls.
The non-farm payrolls report is expected to show steady job creation, unemployment, and rising wages. The critical takeaways will be labor market health and wage inflation, which are key data points. Wages have been growing nearly 4% or above for more than two years and underpin inflation in the broad economy. Wage inflation began to recede below 4% last month; another month of slowing will help the market feel confident and move up to set another new high. Featured: "Reset" Your Retirement Clock with Louis Navellier’s Top Five Stocks for 2024 (InvestorPlace) 
|
Markets | | |
Whenever stocks reach a higher than usual short interest, investors could benefit from keeping a close eye on the future prospects for those stocks. Typically, there is a good reason for short sellers to take on a bearish view of businesses. However, like bullish sentiment, bearish sentiment can g... Read the Full Story |
|
|
Markets | | |
While Excel gives Microsoft Co. (NASDAQ: MSFT) the dominating position in data analysis and visualization software, as it is globally accepted through education and corporations, it is far from perfect. Regarding project management, platforms like Smartsheet Inc. (NYSE: SMAR) take the lead but are... Read the Full Story |
|
Markets | | | A technical issue caused the temporary halt in trading for dozens of stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%.Berkshire Hathaway, the company run by famed investor Warren Buffett, saw its A-class shares plunge 99.97% to $185.10 ... Read the Full Story |
|
From Our PartnersZero-DTE options are the newest (and hottest) options to trade. Professional traders have rushed into the market and are making a mint. Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, Plus much more. | | | | Download Your Free "Zero-DTE Options Trading Secrets" report NOW! |
|
Stocks | | | Asian shares retreated on Tuesday after a report showed that U.S. manufacturing contracted in May, in the latest sign the economy is slowing. Oil prices fell and U.S. futures edged higher. Japan's Nikkei 225 index lost 0.5% to 38,749.25 and the Kospi in Seoul was down 0.4% at 2,672.43. Hong Kong's H... Read the Full Story |
|
Markets | | |
The Q1 earnings reporting season is all but finished, with more than 98% of the reports issued. While the season unfolded largely as expected, the individual reports brought some unexpected strengths. These strengths are reflected in the analysts' activity. This is a look at the three Most Upgrade... Read the Full Story |
|
|
Markets | | |
What Is Risk Tolerance & Why Is It Important?
Have you ever had the urge to ride the tallest rollercoaster in the park? If so, then you may have a high tolerance for risk. While riding the highest rollercoaster might not seem like a risky endeavor, it still comes with a level of anxiousness y... Read the Full Story |
|
Markets | | | Shares of GameStop soared Monday following speculation that the man at the center of the pandemic meme stock craze owns a large number of shares of the video game retailer that may be worth millions.GameStock's volatile stock ended the day with a 21% gain after earlier being up as much as 75%.Keith ... Read the Full Story |
|
Markets | | |
DocuSign Inc. (NASDAQ: DOCU) provides electronic signature and contract lifecycle management (LCM) services. Shares hit highs of $314.70 in 2021 as business surged from the pandemic as businesses and individuals adopted remote meetings and contract signings. Shares have since collapsed as workers ... Read the Full Story |
|
Markets | | | Saudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a move aimed at supporting slack prices that haven't risen even amid turmoil in the Middle East and the start of the summer travel season. The OPEC+ alliance, made up of members of the producers cartel ... Read the Full Story |
|
Markets | | | Storied Premier League club Everton faces an uncertain future after a proposed takeover by American investment firm 777 Partners collapsed on Saturday.The Miami-based private investment firm reached a deal in September to buy out Everton’s majority shareholder, Farhad Moshiri, who has a 94.1% stake.... Read the Full Story |
|
Tuesday's Early Bird Stock Of The Day Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
|
