Good MorningU.S. stocks ended mixed on Tuesday, paring earlier gains as weakness in technology stocks offset gains made in energy, materials, and financials as investors continue to monitor inflation fears. Treasury yields ticked up as the benchmark 10-year Treasury yield hovered above 1.6%. Investors are waiting to receive a number of new economic data reports about the U.S. labor market, including the May jobs report on Friday, as it signals whether the economy is getting closer to the Federal Reserve's goal of achieving maximum employment before pulling back on monetary policy support.
Economists expect to see about 674,000 jobs created in May, after the much fewer-than-expected 266,000 jobs added in April. Most agree inflation is upon us, while there seems to be some disagreement on the duration and the extent of higher prices. Higher prices, the result of supply shortages, and recovering demand could force the Federal Reserve to hike interest rates and curb asset purchases sooner and you can expect the market to react should that occur. Featured: 120 days remain before new defense mineral rules take effect (Ad) 
|
Markets | |
If you’re looking to invest in oil stocks, you should carefully consider these two statements. First, as of June 1, 2021, the price of brent crude is up 37% for the year and is now over $70 a barrel. Second, according to the International Energy Administration (IEA), the share of renewable e... Read the Full Story |
|
From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
|
Consumer Discretionary | | Fast-casual pasta restaurant chain Noodles & Company (NASDAQ: NDLS) stock has staged an impressive rally since bottoming off its pandemic lows, indicating the turnaround has taken shape. Consumer tastes and preferences can be fickle in the food industry as health trends can flip flop instantly. ... Read the Full Story |
|
Consumer Discretionary | | When President Biden got behind the wheel of the Ford Motor (NYSE: F) F-150 Lightning pickup truck last month, it drew attention to the auto maker’s extensive foray into electric vehicles.
In case you’ve only been following the ups-and-downs of EV maker Tesla (NASDAQ: TSLA), along with... Read the Full Story |
|
From Our Partners | | A new tool called Oracle tracks insider bets hidden in the predictions market, flagging which stocks and options could be affected.
During beta testing, Oracle identified notable short-term moves including USO up 39% in four days, PLTR up 43% in a day, and WEN up 67% in two days, all through a regular brokerage account.
See how Oracle spots these hidden insider bets before they make headlines. | | Get free access to Oracle and see the data now |
|
Markets | | Television networks media giant Discovery Networks (NASDAQ: DISCA) stock has been pummeled by two events in 2021 leading to shares falling more than (-50%) off their highs. The one-two punch drastically reversed sentiment from euphoric on the climb from $20s to $78s inside of four months to bearish ... Read the Full Story |
|
Markets | | Enterprise information technology provider Oracle Corporation (NASDAQ: ORCL) stock has been steadily grinding to all-time highs as post-pandemic growth resumes. As workers return to offices and the reopening gets underway with the acceleration of COVID vaccinations, Oracle shares have been climbing ... Read the Full Story |
|
From Our Partners | | Each morning, the Wave Software scans the market for stocks quietly building momentum over days or weeks, then narrows the list to a single name showing signs of an imminent move.
From there, it outlines specific options criteria designed to match that potential move, giving traders a complete setup before the market opens.
No guesswork, no scanning countless charts, just one focused opportunity to evaluate each day. | | See how the Wave Software pinpoints daily trade opportunities before 9 am. |
|
Consumer Discretionary | | Chinese stocks have been a complicated area of the market to be involved with throughout 2021 as many investors have been reducing their exposure to avoid headline risk. While the world’s second-largest economy seems to be recovering nicely from the impacts of the pandemic, these stocks have b... Read the Full Story |
|
Markets | |
You've found it — that perfect retirement home on Lake Tahoe. The best oceanfront property in South Carolina. The cutest little cottage in the Smoky Mountains in Gatlinburg, Tennessee.
You may have other reasons for needing to move besides the "perfect home." You may need to downsize, enco... Read the Full Story |
|
Real Estate | |
Stock investors come from all walks of life. From the small retail investor to large institutional players like mutual funds and hedge funds, there is certainly a wide range of market participants.
As we've been reminded this week with the events in AMC Entertainment stock, even small retail inve... Read the Full Story |
|
Communication Services | | Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock was recently punished on its recent Q2 2021 earnings release. The perceived slowdown of Disney+ member growth, coupled with lower ARPUs and losses from its Disney Parks and Experiences segment resulted in bearish sentiment. Howe... Read the Full Story |
|
Technology | |
Enterprise software maker Salesforce (NYSE: CRM) topped earnings and revenue estimates when it reported its fiscal 2022 first quarter. Shares gapped up 5.43% Friday, or $12.27, to close at $238.10. Trading volume was triple the average.
The company reported earnings per share of $1.21, up 73% ov... Read the Full Story |
|
The Early Bird Stock Of The Day GoodRx Holdings, Inc., together with its subsidiaries, offers information and tools that enable consumers to compare prices and save on their prescription drug purchases in the United States. The company operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and access to negotiated prices. It also offers other healthcare products and services, including subscriptions, and pharma manufacturer solutions, as well as telehealth services through the GoodRx Care platform. It serves pharmacy benefit managers who manage formularies and prescription transactions, including establishing pricing between consumers and pharmacies. The company was founded in 2011 and is headquartered in Santa Monica, California. | | View Today's Stock Pick |
|
