Good MorningThe bulls came charging out of the gate on Monday and pushed the S&P 500 up more than 1.20% at the high of the day. The move may mean the market has priced in the impacts of rising inflation but there are still risks to the market. The nearest hurdle will come this Friday with the release of Personal Income and Spending data is released.
Within the report is the Feds preferred measure of inflation and it is likely to be hot. Based on the April read of CPI investors should expect core consumer inflation to be up nearly 1.0% from the previous month. A hotter than expected figure could result in another major market sell-off. If the market confirms resistance at the recent all-time high there will be a danger of a near-term reversal in price action.
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Politics | | | Global stocks and Wall Street futures rose Tuesday as inflation fears eased and investors regained an appetite for risk.
London and Frankfurt rose in early trading. Shanghai, Tokyo and Hong Kong closed higher.
Investors worry a global economic recovery might be hampere... Read the Full Story |
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From Our Partners | | Bitcoin just passed Amazon in total market cap — but most investors are missing the bigger opportunity.
While the crowd buys Bitcoin outright, trader Larry Benedict is using a method called “Bitcoin Skimming” to target 6x, 9x, even 22x bigger profits. He reveals how it works in a free video. | | Watch the Bitcoin Skimming strategy here |
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Politics | | | Asian stock markets followed Wall Street higher Tuesday as inflation fears eased and investors regained an appetite for risk. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced.
Overnight, Wall Street’s benchmark S&P 500 index rose 1%, recovering about half of last... Read the Full Story |
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Markets | | |
Like many of last year's SPAC successes, Lordstown Motors (NASDAQ:RIDE) sprinted out of the gates after it made its public market debut. Within less than two months, early investors had a triple on their hands.
Much has changed since then. The maker of light-duty electric trucks has faced critici... Read the Full Story |
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From Our Partners | | CPA and CFA says you have WAY too many stocks - just buy these 3
After years working at the biggest accounting firms like Deloitte and KPMG, Joel Litman (who’s also a member of the Global CFA Institute) figured out a unique, less-risky way to grow rich in the stock market. Litman says you don’t need dozens of investments, overpriced advisers, or hedge funds. You just need these 3 stocks, which have helped Litman’s own mom earn 3,400%. | | Click here to view… |
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Stocks | | | It’s quite clear that investing in companies at the forefront of video gaming technology and development could be a very rewarding strategy, which is why we’ve put together a list of 3 video game stocks to play now.
Read the Full Story |
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Politics | | | SAN JUAN, Puerto Rico — Puerto Rico has ended a nightly pandemic curfew after more than a year in force and will allow vaccinated visitors to enter the island without a negative coronavirus test result.
The island has been under a curfew since March 2020, when the first coronavirus c... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
Back in 2018, when Jeff Brown told everyone to buy Tesla…
The "experts" said Elon was finished and Tesla was headed for bankruptcy.
Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough. | | Click here to see why Tesla's about to prove everyone wrong... again. |
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Politics | | | Intensive talks were being held Tuesday between leaders of Poland and neighboring Czech Republic in an attempt to solve a years-long spat over a Polish coal mine that has flared up recently.
The Czech government says the brown coal mine in Turow, a Polish town near the Czech and Germa... Read the Full Story |
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Politics | | | Germany's economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading indicator showed that businesses' optimism is rising as the pace of vaccinations increases.
The Federal Statistical Office s... Read the Full Story |
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Markets | | | After a 50% fall from grace, shares of Splunk (NASDAQ: SPLK) are starting to look like they’re ready to stop falling and turn to the upside. They certainly know how to keep investors and Wall Street alike on their toes. The cloud analytics company ripped higher with the rest of tech during the... Read the Full Story |
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Markets | | | Beauty products and fragrance maker Coty, Inc. (NYSE: COTY) stock was having a strong 2021 until its fiscal Q3 2021 earnings reaction collapsed shares move than (-20%) off its $10.49 yearly highs. The world’s leading fragrance maker with high-end prestigious brands including Gucci, Hugo Boss, ... Read the Full Story |
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Stocks | | |
Whether you've managed to save $5,000 on your own or somehow ended up with $5,000 from an overly generous aunt, you can invest your money in a plethora of good (and bad) ventures. Consider investing your $5,000 in your 401(k) or 403(b), through index funds or in a 529 for college.
Let's go... Read the Full Story |
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The Early Bird Stock Of The Day International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York. | | View Today's Stock Pick |
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