Good MorningThe markets gave up Monday's gains on Tuesday as markets digested commentary and Q&A from Treasury Secretary Janet Yellen and FOMC chief Jerome Powell. The two tried to assured markets that upcoming spikes in inflation will be small and short-lived and the two would work in concert to alleviate shortfalls in the labor market. The S&P 500 fell close to 1 percent at the low of the day and was led by larger losses in the Dow Jones Industrial Average and NASDAQ Composite.
Wednesday could be a repeat of Tuesday’s action. There is little in the way of economic data or earnings news on the calendar and another day of testimony from the once and former FOMC chief. Later this week a read on core inflation could move the market all well. The consensus is for a gain of 0.1% compared to 0.3% in the month prior, a hotter than expected number would reinforce the market's fear of rising inflation.
Featured: Elon Is Quietly Doubling Down on This Bizarre Asset (Ad) 
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Energy | |
Solar energy solutions provider First Solar (NASDAQ: FSLR) stock saw a parabolic spike heading into 2021 thanks to the clean and renewable energy and environmental, sustainable and governance (ESG) investment themed momentum driven by the global decarbonization initiatives adopted by the Biden Adm... Read the Full Story |
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From Our Partners | | Luke Lango - who helped readers find AMD before a 13,500% rise and Nvidia before 5,000% - says Elon Musk is now targeting the biggest industry of his career, one he has pursued for 27 years.
More than $1 billion is already moving because of what Musk is doing. Lango has identified the stocks he believes are best positioned to benefit as this plays out. | | See Lango's full research and the stocks he's watching now |
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Finance | | Every once in a while, a company like Upstart Holdings (NASDAQ:UPST) comes along and completely catches the market off-guard with an unexpectedly strong earnings report. This can result in institutional investors acquiring shares at a rapid rate and driving the share price up quickly. This is most l... Read the Full Story |
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Energy | |
Stock market volatility is at its lowest levels in years, but that doesn't mean there aren't some volatile names out there. And as the investment adage goes, with high risk may come high reward.
Here we take a look at a few of the most volatile stocks of the past decade with a focus on larger cap... Read the Full Story |
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From Our Partners | | A portable energy unit - already used by the U.S. Navy for decades - is now drawing serious attention from Big Tech and Washington policymakers. It can be trucked to a data center, military base, or industrial site and deliver reliable power for years without grid access.
A key government milestone expected this August could bring significant visibility to this space. One small stock sits at the center of it. | | Read the full breakdown and see which stock to watch now |
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Markets | |
SPAC Or OEM, EV News Moves Markets
The EV market is heating up and may soon boil over. If it’s not an OEM ramping production it’s another SPAC ready to go public. In today’s news, we have a bit of both with a new SPAC getting ready to launch and an OEM expanding its EV footprin... Read the Full Story |
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Consumer Staples | | In the current market environment, rising interest rates and volatility have thrown investors a curveball in terms of where the market is headed in the short term. With growth seemingly losing its luster for the time being and several rotations taking place, it’s usually a good idea to focus o... Read the Full Story |
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From Our Partners | | Saudi Arabia has terminated its 1974 petrodollar agreement with the United States - the deal that forced every country on Earth to hold U.S. dollars to buy oil. Since then, Saudi Arabia has signed a $7 billion currency swap with China, begun settling oil in digital yuan, and joined China's cross-border payment system, mBridge.
With 10-year Treasury yields pushing toward the 4.4% danger line and global dollar demand in retreat, gold is being repriced. There's one asset that still trades at a steep discount to gold's current price - a rare opportunity to leverage the metal's continued rise. | | Learn how to position ahead of the dollar's continued decline |
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Markets | |
Where Do Businesses Go When They Need Something?
To answer the question of where do businesses go when they need something we say a business services company. Because we are expecting a vigorous economic reopening this spring we also expect to see the business services companies do well too. Est... Read the Full Story |
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Consumer Discretionary | | In an era of streaming videos and podcasting, who would have expected television- and radio-industry stocks like Gray Television (NYSE: GTN), Townsquare Media (NYSE: TSQ) and Entravision (NYSE: EVC) to show technical strength? The industry, in general, is home to a number of stocks with strong price... Read the Full Story |
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Technology | |
Intel (NASDAQ: INTC) shares were up 6.6% after the bell after the chipmaker announced plans to increase its manufacturing capacity. The company disappointed investors in 2020, with shares closing down nearly 17% for the year. But 2021 has been a different story; if shares hold the after-hours gain... Read the Full Story |
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Basic Materials | | One of the big problems with buying SPACs before they have identified a target company to bring public with a reverse merger is that you never know what type of business you are going to end up with. Some investors are willing to leave things up to chance and buy these stocks pre-merger, especially ... Read the Full Story |
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Retail/Wholesale | | Auto repair and maintenance service company Driven Brands (NASDAQ: DRVN) stock has been plummeting since peaking nearly a month after its Jan. 15, 2021, initial public offering (IPO). The shares fell lower as pandemic winners tanked in the Nasdaq sell-off, but shares barely recovered during the dead... Read the Full Story |
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The Early Bird Stock Of The Day Gaming & Leisure Properties, Inc. engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA. | | View Today's Stock Pick |
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