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.
Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
|
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 |
|
From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
|
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 |
|
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 |
|
From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
|
Industrials | |
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 |
|
Markets | |
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 |
|
From Our Partners | | SpaceX just went public - and Whitney Tilson, Harvard MBA and 30-year Wall Street veteran, says buying in could be a costly mistake. He calls it among the most overhyped, overvalued large-cap offerings ever pushed onto everyday investors.
Tilson believes a rare economic event is approaching - one with serious consequences for your portfolio this summer. He has prepared a free analysis outlining what he sees and the specific steps he recommends taking now. | | Read Tilson's free analysis and find out what to do with your money |
|
Healthcare | | 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 |
|
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 |
|
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 |
|
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 |
|
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 |
|
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 |
|
