Good MorningU.S. equity markets are poised to move higher despite a rising tide of market risks. Fridays’ NFP report is a prime example because weaker than expected job creation helped drive the market higher. The data, while strong relative to pre covid levels, was far weaker than what job openings and unemployment data suggest is possible. What this means for the market is the FOMC will feel little pressure in regards to altering policy and that is good news for stock prices.
This week starts the summer market doldrums, a time in which investors can expect light trading volume and outsized moves driven earnings or economic data. That said, there is a major hurdle for the market to surpass this week in the form of the CPI. Hotter than expected CPI data in May sent the market into a tailspin and this situation could repeat itself in June. The consensus estimate is for core consumer inflation to rise 0.4% but this figure is likely too low by half.
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Markets | |
That mortgage. It sure does hang over your head sometimes, doesn't it? However, with the right mindset and a commitment to pay it off, you can pay off the mortgage early.
It can save you thousands of dollars in the long run if you do decide to make that commitment. Take a look at this example:
... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Energy | | The oil and gas industry has been dealing with monumental challenges since the onset of the pandemic. As global energy demand saw unprecedented declines and the clean energy narrative picked up steam, many investors headed for the exit doors in some of the historically best-performing oil stocks. Wi... Read the Full Story |
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Markets | |
A short trading week is ending on an upbeat note. The catalyst of the moment is a jobs report that came in not too hot and not too cold. For bullish investors, it means that the long-anticipated “V-shaped” recovery may be upon us. But it also means that the Fed is likely to refrain fro... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Auto/Tires/Trucks | |
Is that a floor I see? That’s the question that ChargePoint Holdings (NYSE:CHPT) investors need to ask themselves?. CHPT stock went north of $40 per share in February, but for many reasons the stock dropped over 50% after the company began trading under the CHPT symbol.
However, after clo... Read the Full Story |
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Finance | |
Goldilocks NFP Numbers Lift The S&P 500
The May non-farm payrolls number appears to be a Goldilocks figure but we’re not convinced. It's hot enough for the market to believe economic activity is accelerating yet not so hot as to force the FOMC's hand. In our view, the data is only okay,... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Medical | | Even though cannabis stocks have cooled off from their huge rally to start the year, a lot of the bullish narratives about the industry are still in play. With Republican lawmakers pushing for federal legalization in congress and over two-thirds of all states offering medical cannabis at this time, ... Read the Full Story |
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Technology | |
Up 24% this year, U.S. small cap stocks as measured by the S&P 600 have doubled the return of their large cap counterparts. Granted, the 1,300% return in popular meme stock Gamestop is part of that. Still, the small cap space is benefitting from expectations of a strong economic recovery and p... Read the Full Story |
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Markets | |
I have a friend who, at 39, you'd definitely consider part of the FIRE movement. He checks his investments daily and then heads off to the pool with his kids for the rest of the day. His situation sounds exactly what you might think of when you think of the Financial Independence, Retire Early (FI... Read the Full Story |
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Technology | | Optoelectronics solutions provider Applied Optoelectronics (NASDAQ: AAOI) stock has rebound despite the delays in 5G deployment. The provider of optical fiber laser products to data centers, telcos and internet network infrastructure companies has seen a recovery from the pandemic triggered lows. Wh... Read the Full Story |
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Technology | | It’s hard to ignore some of the moves that are taking place this week in the “meme stocks”, with shares of companies like AMC Entertainment rallying upwards of 90% in a single session. However, since these moves are the product of pure speculation and are not likely to be sustainab... Read the Full Story |
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The Early Bird Stock Of The Day AptarGroup, Inc. designs and manufactures a range of drug delivery, consumer product dispensing, and active material science solutions and services for the pharmaceutical, beauty, personal care, home care, and food and beverage markets. The company operates through Aptar Pharma, Aptar Beauty, and Aptar Closures segments. It also provides pumps for nasal allergy treatments; and metered dose inhaler valves for respiratory ailments, such as asthma and chronic obstructive pulmonary diseases; elastomer for injectable primary packaging components; and active material science solutions. In addition, the company offers dispensing pumps, closures, elastomeric components, and aerosol valves to the digital health solutions. It primarily sells its products and services in Asia, Europe, Latin America, and North America. AptarGroup, Inc. was incorporated in 1992 and is headquartered in Crystal Lake, Illinois. | | View Today's Stock Pick |
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