Good MorningThe U.S. stock closed mixed on Tuesday echoing a sentiment felt by many traders. While there are plenty of reasons to be bullish on the stock market in 2021 the indices are ripe for a correction. The biggest risk now is the FOMC and the committee is scheduled to release its statement this week. If the FOMC raises fears of inflation it could very well spark a sustained sell-off in stocks. Rising interest rates mean better yields on bonds than the average S&P 500 stock and bonds are an attractive asset class for risk-averse investors.
Weaker than expected economic data played a part in Tuesday’s action. The retail sales and industrial production figures both came in well below their consensus forecasts. The caveat for investors is that one month of data does not make a trend, these figures should pick up again as the spring season unfolds.
Featured: Watch This Robotics Demo Before July 23rd (Ad) 
|
Stocks | | |
Investing in Special Purpose Acquisition Companies, which are also known as SPACs, is a lot different than buying traditional equities. Since SPACs are shell companies set up by a group of investors with the sole purpose of finding a company to acquire and bring public, you are essentially betting... Read the Full Story |
|
From Our PartnersWith the next presidential cycle heating up and Trump leading the charge, major market shifts are already taking shape.
For investors who position early, the opportunities could be significant.
That’s why we’ve just released a brand-new report:
📈 “5 Best Stocks to Buy Under Trump’s Presidency.” | | | Get the full report here—and stay ahead of the curve. |
|
Politics | | | Asian shares fell in muted trading Wednesday as world markets cautiously awaited the U.S. central bank's latest assessment on the economy.
Japan's benchmark Nikkei 225 inched down less than 0.1% to finish at 29,914.33. South Korea's Kospi slipped 0.6% to 3,050.17. Australia's S&P/... Read the Full Story |
|
Tech | | | U.S. stock indexes were mixed in afternoon trading Tuesday, hovering near their all-time highs and within striking distance of matching Wall Street's longest winning streak of the year.
Investors continue to closely watch the bond market, with even minute changes in bond yields causin... Read the Full Story |
|
From Our PartnersWhat If Washington Declared That:
YOUR Money ISN'T Actually Yours?
Sounds insane, but that's exactly what the Department of Justice just admitted in court—claiming cash isn't legally your property.
What does that mean? It means Washington thinks they can seize, freeze, or drain your accounts—whenever they want. | | | Get your free guide now by clicking here >> |
|
Markets | | |
It's been an interesting start to the year for U.S. stocks. Twice the S&P 500 has gone into rally mode only to roughly return to where it began the year. Meanwhile, several distinct rotations appear well underway as investors grow fonder of value, cyclical, and small-cap stocks.
Things are eq... Read the Full Story |
|
Politics | | | Global shares mostly fell in muted trading Wednesday as world markets cautiously awaited the U.S. central bank's latest assessment on the economy.
France's CAC 40 slipped 0.1% in early trading to 6,048.72, while Germany's DAX gained nearly 0.1% to 14,568.97. Britain's FTSE 100 dipped ... Read the Full Story |
|
|
Stocks | | | Chinese electric vehicle (EV) maker Li Auto Inc. (NASDAQ: LI) shares have been selling off since peaking at $47.70 highs in November 2020 at the height of the EV momentum period. The Li ONE SUV does up to 800km per charge distance with a 40.5 kWh battery does zero-to-100km in 6.5 seconds with ... Read the Full Story |
|
Markets | | | The company that drew attention after sending huge electricity bills to customers after last month’s blackout-causing winter storm in Texas has filed for bankruptcy protection.
Griddy Energy sold power to consumers at wholesale prices plus a $9.99 monthly fee. Its rates skyrocketed du... Read the Full Story |
|
Politics | | | ROME — Italy registered 502 coronavirus deaths on Tuesday, its highest daily number since late January.
The health ministry says that increased the known toll to 103,001 deaths, the second-highest toll in Europe after Britain.
Admissions continue to rise at Italy’s in... Read the Full Story |
|
Stocks | | | The most obvious example is the boom in the EV market, electric vehicles, but the EV route is not the only avenue for investors to take. Along with EV are other types of alt-fuel and green energy stocks such as the ones we will introduce today. Read the Full Story |
|
Markets | | |
In a world that is increasingly focused on curbing carbon emissions and limiting air pollution, Fuel Tech (NASDAQ:FTEK) is one company that clearly has an expanding market opportunity. The recent sandstorm in China has also put the spotlight on global air quality and reinforced the need for clean ... Read the Full Story |
|
The Early Bird Stock Of The Day Penumbra, Inc., together with its subsidiaries, designs, develops, manufactures, and markets medical devices in the United States and internationally. The company offers peripheral products, including the Indigo System for power aspiration of thrombus in the body; Lightning Flash, a mechanical thrombectomy system; Lightning Bolt 7, an arterial thrombectomy system; and CAT RX. It also provides access products, including guide catheters and the Penumbra distal delivery catheters under the Neuron, Neuron MAX Select, BENCHMARK, BMX96, BMX81, DDC, SENDit, and PX SLIM brands; Penumbra System, an integrated mechanical thrombectomy system comprising reperfusion catheters and separators, the 3D Revascularization Device, aspiration tubing, and aspiration pump under the Penumbra RED, JET, ACE, Max, 3D Revascularization Device, and Penumbra ENGINE brands; and neuro embolization coiling systems that includes the Penumbra Coil 400, a detachable coil that provides an alternative for the treatment of aneurysms and other complex lesions, as well as Penumbra SMART COIL, a detachable coil to treat patients with a wide range of neurovascular lesions; and POD400 and PAC400 brands. In addition, the company provides peripheral embolization products, such as Ruby Coil System consisting of detachable coils for peripheral applications; Penumbra LANTERN Delivery Microcatheter, a low-profile microcatheter with a high-flow lumen; POD (Penumbra Occlusion Device) System, a single device solution; and Packing Coil, a complementary device for use in other peripheral embolization products. Further, it offers an immersive 3D computer-based technology platform under the real immersive system brand; and neurosurgical tools, such as Artemis Neuro Evacuation Device for surgical removal of fluid and tissue from the ventricles and cerebrum. The company sells its products through direct sales organizations and distributors. Penumbra, Inc. was incorporated in 2004 and is headquartered in Alameda, California. | | View Today's Stock Pick |
|
