Good MorningThe broad equities market advanced again on Friday extending Thursday’s gains after tepid inflation data reassured investors. The core inflation gain, as measured by the Federal Reserve Bank, rose only 0.1% for the month and in line with expectations. The figure is down a tenth from the previous month and coupled with weaker than expected spending and wage gains. Weaker spending and wage gains both reduce pressure upward pressure on the inflation outlook and helped the S&P 500 gain more than 1.65% by the end of the session.
Monday will be all about data. This week is the monthly release of key employment data such as the ADP employment report, the Challenger report on planned layoffs, and the all-important NFP. The weekly jobless claims figures suggest job gains were flat to slightly higher for the month, a better than expected figure could easily help drive the S&P 500 to a new all-time high.
Featured: What to Expect in "New Market March" (Vantage Point) 
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Politics | | | Asian stock markets were mixed Monday after Wall Street hit a new high amid optimism about government stimulus and the rollout of coronavirus vaccines.
Shanghai, Tokyo, Hong Kong and Seoul advanced.
Wall Street’s advance Friday was led by stocks that would benefit if v... Read the Full Story |
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From Our PartnersDo you have money invested in the stock market? This is the can't miss interview of 2021. | | | | Click here to see it now! |
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Politics | | | Global stock markets were mixed Monday amid optimism about government stimulus and the rollout of coronavirus vaccines.
London opened lower, while Shanghai and Tokyo advanced.
U.S. futures were lower following sales of large blocks of stock that news reports said were c... Read the Full Story |
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Markets | | | Tech is the new normal, we live it, breathe and love it, for the most part, it isn’t going anywhere and neither are consumers. While price action may be down it won’t stay down for long and these upgrades highlight what we mean.
. Read the Full Story |
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From Our PartnersSurprisingly, most people still don't know about his next project, something known as S.A.V. | | | | See what Elon is up to now. |
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Markets | | | A 1.5% move on Friday was enough to keep shares of Advanced Micro Devices (NASDAQ: AMD) from closing near their six months lows. Like many of the more well-known names in tech, the first quarter of 2021 has been tough, Read the Full Story |
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Markets | | | Swiss bank Credit Suisse said Monday it may have suffered a “highly significant” loss from a default by a U.S.-based hedge fund on margin calls that it and other banks made last week, while Japan's Nomura said it could face a loss of $2 billion due to an event with a U.S. client.
Cred... Read the Full Story |
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Politics | | | Philippine officials placed Metropolitan Manila and four outlying provinces, a region of more than 25 million people, back to a lockdown Monday at the height of the Lenten and Easter holiday travel season as they scrambled to control an alarming surge in coronavirus infections Read the Full Story |
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Politics | | | New York is poised to join a growing number of states that have legalized marijuana after state lawmakers reached a deal to allow sales of the drug for recreational use.
The agreement reached Saturday would expand the state's existing medical marijuana program and set up a a licensin... Read the Full Story |
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Markets | | | Athletic footwear and apparel maker NIKE (NYSE: NKE) stock has been punished recently on its earnings report and potential China boycotts of its products. The globally popular and at times outspoken brand has found itself caught in a politically and socially charged riptide that could have a materia... Read the Full Story |
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Markets | | | Cal-Maine (NASDAQ: CALM) is America’s largest producer of shell eggs and a growing concern. While the company’s revenue, earnings, and dividend can be volatile the reason is egg pricing and the cost of feed and not the company’s growth. Read the Full Story |
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Markets | | |
Kohl’s (NYSE: KSS) shares languished for much of 2020 as the pandemic ravaged department stores. But the November 9th vaccine news changed everything. Finally, there was an end in sight. Kohl’s sales dropped again in the fourth quarter – down 10% yoy – but the market is a f... Read the Full Story |
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The Early Bird Stock Of The Day W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,424 net lease properties covering approximately 173 million square feet and a portfolio of 89 self-storage operating properties as of December 31, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations. | | View Today's Stock Pick |
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