Good MorningThe June reading of the CPI index came in hotter than expected and the market seems not to care. The index rose 0.7% at the core or 0.2% hotter than expected for a 5.0% year-over-year gain. Even worse, the pace of inflation is accelerating and may Force the Fed’s hand later this year. At 5.0%, inflation is running well above the FOMC's 2% target rate and more than warrants and interest rate hike.
Friday will be another important day for the market. Investors will be eager to see if the indexes can build on Thursday's gains. The S&P 500 jumped about 0.75% to set a new all-time high on Thursday but closed well off the high of the session. If the market fails to follow through on a new high it could signal a period of sideways or downward trading over the summer.
Featured: 5 dividend stocks worth owning in any market condition (Ad) 
|
Technology | | Few companies encapsulated 2020 and the market’s surprising reaction to the pandemic more than Zoom Video (NASDAQ: ZM). Having only IPO’d the previous spring, they came into this new decade close to all-time lows but quickly started realizing their potential once offices shut and employe... Read the Full Story |
|
From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
|
Finance | | Since making its public debut in December, consumer lending platform Upstart Holdings (NASDAQ: UPST) is up 645% from its IPO price of $20.
The stock has already cleared two consolidations in the past six months. That’s a great sign, as it’s advisable for investors to wait until a new I... Read the Full Story |
|
Technology | |
After delivering a stellar earnings report on June 2, 2021, DocuSign (NASDAQ:DOCU) stock was gapping up like a meme stock. DOCU stock jumped 20% in after-market and pre-market trading. However, in the next five trading days, the stock has only managed a 3% gain.
This seems fair, Investors may b... Read the Full Story |
|
From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
|
Markets | |
You may have already heard of ESG investing, which stands for environmental, social, and governance investing.
Have you ever considered that your portfolio could look even better because you invest in something you have a passion for? I know that I always work harder on things I love, and I'm gu... Read the Full Story |
|
Technology | |
Put These Three Micro-Cap Stocks On Your Watchlist
Micro-cap stock Investing isn't for everyone. While micro-cap stocks often offer a discounted entry into many sectors, the stocks also come with outsized risk compared to their larger-cap brethren. But, like they say, with risk comes reward. The ... Read the Full Story |
|
From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
|
Retail/Wholesale | |
As pet adoption reached new levels in 2020 so too did pet retailer Chewy (NYSE:CHWY). A growing need to care for our pandemic puppies and COVID kittens led to some terrific results for Chewy and its shareholders.
But after soaring more than 200% last year, Chewy stock has taken a "paws" in 2021. ... Read the Full Story |
|
Construction | |
With U.S. stock indices setting fresh record highs this year, it stands to reason that some stocks are overvalued or due for a correction. Figuring out which ones fall into these categories is the harder part.
One way to gain insight on what stocks are good sell or even short candidates is to loo... Read the Full Story |
|
Transportation | | With consistent higher lows being set on their stock’s chart for much of the past year, there’s a lot to like about Delta Airlines (NYSE: DAL) right now. The $30 billion airline major has been riding the reopening wave that’s raised it and its peers a long way above the dark days o... Read the Full Story |
|
Construction | | Trying to make sense of all the rotation going on in the market each week is enough to leave your head spinning. It seems like every couple of days there’s a new sector that sees major inflows or outflows, which makes it difficult for retail investors trying to spot clear trends. However, desp... Read the Full Story |
|
Markets | |
Last year heralded the case for a robust emergency fund. As people lost jobs left and right due to the COVID-19 pandemic, you probably checked and double-checked your emergency fund (I know I did).
However, have you ever thought about how so much of a good thing can be just that — too much... Read the Full Story |
|
The Early Bird Stock Of The Day LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials. The company was founded in 2021 and is based in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC. | | View Today's Stock Pick |
|
