Good MorningThis week’s trading got off to a shaky start following the last week’s big declines. All four of the major indices fell during the session with the tech-heavy NASDAQ Composite in the lead. The hotter-than-expected reads on inflation and weaker-than-expected labor market data have Wall Street nervous. On the one hand, it looks like inflation is here and needs to be contained while on the other it looks like economic reopening is stalling. In regards to the Fed and the economy, it may turn into a no-win situation.
This week will be another big test for the market because many of the biggest winners of the pandemic are reporting their earnings. Earnings from Target, Home Depot, Walmart, and Lowes are expected to be strong which sets up a situation in which good isn’t good enough. If these big-name market winners fail to impress investors the entire market could be in for another round of selling.
Featured: Elon Musk's Next AI Partnership Could Shake Up This Stock (Ad) 
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Consumer Staples | | The pandemic has certainly presented its fair share of investing opportunities for those willing to take calculated risks. That still holds true today, particularly because we are in uncharted territory with the economy gradually reopening and how it will impact certain businesses. As more people ge... Read the Full Story |
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From Our Partners | | In 1974, a quiet deal between Henry Kissinger and the Saudis reshaped America's monetary order overnight, with no announcement and no vote in Congress.
Decades later, the dollar had lost more than 84% of its purchasing power even as millionaire ranks surged into the millions.
Financial reporter Kimi Weintraub sits down to explore a new, largely unnoticed shift in America's monetary system, one tied to executive orders and a reported 13-nation agreement. | | Watch the full interview before the December 14 Miami summit |
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Markets | |
Looking For A Short-Squeeze? Start Here
The EV market has been on the rocks the last few months and not because the growth outlook isn’t there. The EV market got super-heated last year with the attack of the SPACs and hyper-growth stories coming out of China. Now, with EV stocks across the... Read the Full Story |
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Markets | | Memory and storage chip giant Micron Technology (NYSE: MU) stock has been selling off with the rest of the chip stocks as investors flee growth for value stocks amidst the global chip shortage. The maker of DRAM, NAND, and NOR memory chips was a pandemic benefactor and is set to gain from the re-ope... Read the Full Story |
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Industrials | |
It’s Not A Good Time To Buy FreightCar America, Yet
FreightCar America (NASDAQ: RAIL) has been working hard on a transformation that is proving beneficial to the company. The problem is that Q1 results are far below expectations even with the weakly updated guidance and give little reason ... Read the Full Story |
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Consumer Discretionary | |
Investors looking for a play on the quick service restaurant (QSR) rebound should look no further than Restaurant Brands International (NYSE:QSR). The company behind the Burger King, Popeye's Louisiana Kitchen, and Tim Horton's restaurant chains is expected to be a major beneficiary of increased c... Read the Full Story |
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From Our Partners | | Every afternoon at 2:00 PM Eastern, roughly $3.5 billion in institutional money flows into the market as pension funds and 401(k) contributions get deployed before the close.
Researchers at Duke, Stanford, Notre Dame, and the Nasdaq Economic Advisory Board have studied this pattern. During one volatile week in June, a $1,000 trade set at 2:00 PM settled by 4:00 PM five days in a row, and the full month produced $2,016 in net income on a single contract. | | Watch the full 2 PM income breakdown before access closes |
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Markets | |
Innovation And Results Will Drive These Stocks Higher
It is without a doubt the EV market is a huge growth opportunity. It is also fairly clear the EV investment market got ahead of itself in 2020. Now, with prices for EV stocks trading at multi-month lows, it looks like a good time to start buy... Read the Full Story |
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Technology | | Shares of Taiwan Semiconductor (NYSE: TSM) have been correcting since mid-February and are down 5% since the company reported first-quarter results last month.
Last week, news broke that the chipmaker may invest billions into U.S.-based chip factories.
Earlier in May, TSMC said it would build as ... Read the Full Story |
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Markets | | Social media platform Twitter (NYSE: TWTR) stock has been fallen hard along with other social media peers Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) due to slow down concerns stemming from the acceleration of the re-opening trends. This has driven money from growth stocks to value stocks as invest... Read the Full Story |
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Markets | |
I really dislike spending an overwhelming amount of money on food. Don't get me wrong. I enjoy buying food because every time I go to the store, I can imagine the delicious items we'll cook together as a family.
Currently on this week's menu: chicken fajitas with cilantro lime guacamole, ribs an... Read the Full Story |
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Markets | |
This was a week when inflation was done being subtle. The data doesn’t lie. Inflation is here and the market doesn’t like it. The Dow Jones and S&P 500 Index were each down about 3% and the Nasdaq dropped about 5%. However all of the indexes were coming off record highs and they al... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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