Good MorningEquity markets continue to creep higher but the move appears to be without conviction. The S&P 500 advanced less than 0.2% to set a new all-time high and led by the tech sector. The NASDAQ Composite advanced less than 0.25% and also set a new high.
The risk for the market this week is in the labor data. The non-farm payrolls report is expected to show 700,000 new jobs created in June and will likely miss the consensus figure by a wide margin. The question is whether job creation will be better or worse than consensus? A better-than-expected NFP figure will take some pressure off the Fed and pave the way for future rate hikes while a weaker-than-expected number would back the Fed further into a corner. If the market doesn't like what it sees rest assured the major indices will fall.
Featured: INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off (Ad) 
|
Stocks | | At the start of each month, we typically see a good share of new money being put to work by both institutional and retail investors. While it can be difficult to speculate on which sectors will receive the most inflows, particularly with so much rotation going on week to week in the market at this t... Read the Full Story |
|
From Our Partners | | New Hampshire just launched a Strategic Crypto Reserve — and James Altucher says it’s the first sign that “Trump’s Great Gain” has officially begun.
Altucher believes select cryptos could turn $900 into $108,000 over the next 12 months — and he’s laying out the full gameplan in a new presentation. | See Altucher’s Trump crypto prediction here |
|
Politics | | U.S. stocks drifted further into record heights in a listless day of trading on Tuesday, as Wall Street waits for the heavyweight economic data coming at the end of the week.
The S&P 500 inched up by 1.19 points, or less than 0.1%, to 4,291.80 and added to its all-time high set a... Read the Full Story |
|
Markets | | The first few months of performance for Coinbase (NASDAQ:COIN) stock following its public debut is a reminder of just how difficult IPO investing can be. The cryptocurrency-focused financial technology company was one of the most anticipated IPOs of the year, yet the stock is down over 20% since it ... Read the Full Story |
|
From Our Partners | | Washington is running out of money…And guess where they'll look next?
When governments go broke, they take from the people.
It's happened before, and it's happening again.
The Department of Justice just admitted that cash isn't legally YOUR property. | Get your free guide now by clicking here >> |
|
Politics | | Shares are mixed in Europe and Asia after the release of data showing Asian factory activity slowed this month as virus outbreaks disrupted shipping at some Chinese ports.
Markets advanced in Shanghai and Sydney but slipped in Paris, London and Tokyo. U.S. futures also were lower.
... Read the Full Story |
|
Tech | | Chinese ride-hailing service Didi says it lost $5.5 billion over the past three years, but ahead of its U.S. stock market debut on Wednesday it is highlighting its global reach and investments in developing electric and self-driving cars Read the Full Story |
|
From Our Partners | Most traders guess. This system doesn’t.
Using his Momentum Indicator, one trader turned $15K into $150K in six months — stacking 20–30% daily gains. Now he’s sharing 3 stocks flashing BUY right now, plus a free report showing how to trade them. | Claim your 3 stock picks + free momentum trading report |
|
Politics | | President Joe Biden is trying to sell Americans on the economic benefits of the $973 billion infrastructure package under consideration in Congress, declaring there is an urgent need for a “generational investment." Read the Full Story |
|
Politics | | Lawyers representing former president Donald Trump's company say they believe the Manhattan district attorney plans to ask a grand jury to indict the Trump Organization in an investigation that involves fringe benefits paid to employees Read the Full Story |
|
Stocks | | The news last week that all 23 major banks passed the Fed’s stress tests sent bids immediately flowing into their shares. They all either met or exceeded the minimum capital requirements and as such, the way is cleared for them to reinstate their dividends and share buyback program. Understand... Read the Full Story |
|
Markets | | GreenPower Motor Company (NASDAQ: GP), as small as it is, has got something that most other EV startups don't have. The company has orders, production, deliveries, and more importantly, revenue and even positive earnings. Read the Full Story |
|
Markets | |
Do you expect to inherit the contents of an individual retirement account (IRA)? If you are not the spouse of the individual who died and inherited IRA money, you want to know the new withdrawal rules. For example, if someone in your family (such as a parent, a grandparent, aunt, uncle, sister, br... Read the Full Story |
|
The Early Bird Stock Of The Day Korn Ferry, together with its subsidiaries, provides organizational consulting services worldwide. It operates through four segments: Consulting, Digital, Executive Search, and Recruitment Process Outsourcing (RPO) & Professional Search. The company provides executive search services to recruit board level, chief executive, other senior executive, and general management talent of organizations. It also offers organizational strategy, assessment and succession, leadership and professional development, and total reward services. In addition, the company provides RPO, business project, professional search, and outsource recruiting solutions. Further, the company offers tech-enabled solutions that identify structures, roles, capabilities, and behaviors to drive businesses. It serves public and private companies, and middle market and emerging growth companies, as well as government and non-profit organizations. The company was formerly known as Korn/Ferry International and changed its name to Korn Ferry in January 2019. Korn Ferry was founded in 1969 and is based in Los Angeles, California. | View Today's Stock Pick |
|