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 PartnersREVEALED: $194 Trillion Trump Market Pattern
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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 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.
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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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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 Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth low energy applications; logic libraries and embedded memories; processor cores, software, and application-specific instruction-set processor tools for embedded applications; security IP solutions; IP solutions for automotive market; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers HAPS FPGA-based prototyping systems; virtual prototyping solutions; and Platform Architect solutions for SoC architecture analysis and optimization, as well as optical products, and mechatronic simulations. Further, it provides security and quality testing products, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. Additionally, the company provides intelligent orchestration solution, software risk manager, and black duck software composition analysis tools. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Sunnyvale, California. | | View Today's Stock Pick |
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