Good MorningThe equity market continues to tread water near all-time high levels. While the market appears ready to move higher and set a new all-time high the fear of rising inflation is holding it back. The major hurdle this week is the Consumer Price Index which is scheduled to be released on Thursday. Last month's read of the index came in well above expectations and sent the market into a nosedive. This month consumer inflation should rise by about half a percent but the risk is to the upside. A hotter than expected number will not be good for equities.
The caveat for investors is that any move sparked by the CPI data should be taken with a grain of salt. The summer trading season is already upon us and that means lighter than normal trading volumes. A downturn in prices now will likely become a buying opportunity as the summer wears on.
Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Communication Services | |
One of the best investing strategies is to invest in stocks that are trending. Generally speaking, these are stocks that have strong and growing interest from both retail and institutional investors. Our trending stocks report aims to identify such companies based on the actions and interests of M... Read the Full Story |
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From Our Partners | | One fund holds Nvidia, CrowdStrike, Palantir and other major AI names, and pays a 34% annualized distribution rate.
Instead of guessing which AI stock wins, this fund delivers income every single Thursday, up to $1,051 a month.
Chief Income Strategist Tim Plaehn breaks down what's inside the fund and how the weekly payouts work. | | Watch the free video to see how the weekly payouts work |
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Healthcare | | Some traders believe that looking at the performance of biotech stocks is one of the best ways to judge what type of market we are in. When we see money flowing into that sector, it tells us that institutional investors are in “risk-on” mode, since biotech stocks are notorious for their ... Read the Full Story |
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Consumer Discretionary | | People that spend a lot of time in the great outdoors instantly recognize the value in the high-quality products that Yeti Holdings (NYSE:YETI) has to offer. Whether it's hunting, fishing, riding on a boat, or just grilling food outside, people need products that they can rely on time and time again... Read the Full Story |
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From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
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Healthcare | |
Pharmaceutical company Biogen (NASDAQ:BIIB) delivered a major win yesterday, launching upward 38.3% with about 17 times normal trading volume taking place. The company landed a win for its aducanumab drug, intended to treat Alzheimer's disease, the first such advance in the field since around 2003... Read the Full Story |
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Markets | |
Chico's FAS (NYSE:CHI), a women's apparel and accessories retailer, surged 6.6% in premarket trading after turning in a solid earnings report and addressing critique from an activist investor. Chico's has kept its momentum going into this morning's trading session as well, though the current word ... Read the Full Story |
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From Our Partners | | Trump has called an Iran deal close 38 times since the war began, yet the fighting keeps flaring back up.
One day it's a ceasefire, the next it's bombs again. The back and forth may be masking a bigger story most investors are missing.
See the real reason this conflict may never fully end. | | Uncover the real reason Trump may never end this war |
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Consumer Discretionary | |
Thor Industries Accelerates To A Triple-Digit Growth Rate
To say that Thor Industries (NYSE: THO) has benefited from the pandemic is a bit of an understatement. The entire RV and camping industry has seen a sustained uptick in business that is not only sustaining itself but accelerating. The pan... Read the Full Story |
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Industrials | |
Multiple Tailwinds Lift Rev Group To New Highs
Rev Group (NYSE: REVG) isn't exactly a pure-play on anything except perhaps specialty vehicles but it's a great play on those. The company makes buses for school and mass transit, safety vehicles for fire departments and hospitals, and recreational v... Read the Full Story |
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Technology | | Shares of CrowdStrike (NASDAQ: CROWD) traded higher Monday as cybersecurity is in the spotlight, following ransomware attacks on a meat producer, a pipeline, the Martha’s Vineyard ferry, and other prominent networks.
Even the White House press briefing room on Monday featured an appearance b... Read the Full Story |
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Technology | | One of the smartest strategies for successfully managing a long-term investment portfolio is to use the concept of diversification to your advantage. It’s a fairly easy technique to understand, as you don’t want to have all of your investment eggs in one basket. Diversification can help ... Read the Full Story |
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Consumer Discretionary | |
3 Ways To Invest In The Economic Reopening
Believe it or not, the post-pandemic economic reopening is upon us. What this means is more people moving about, going to work, and visiting all those places we’ve longed to visit over the past year. The reopening may take some time to gain moment... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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