The 10 Most Searched Stocks on MarketBeat in May 2021. The 3 Best Biotech Stocks to Buy Now. World shares mixed as China reports jump in inflation.
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
The Early Bird Newsletter

Wednesday, June 9th

S and P pricesDow pricesQQQ prices
Good Morning

The 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.


The 10 Most Searched Stocks on MarketBeat in May 2021

Our trending stocks report aims to identify such companies based on the actions and interests of MarketBeat readers and subscribers. Rankings are calculated based on the number of new MarketBeat users that have added a given stock to their watchlist in the last 30 days

Read The Full Story >>
From Our Partners

Buy This Ticker Now: Projected To Jump 458%

With experts projecting gains as high as 458% by the end of this year…

Forbes has already confirmed that when all is said and done, "a new class of millionaires may emerge."

If you don't buy this ticker, you'll regret it

The 3 Best Biotech Stocks to Buy Now

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 >>

World shares mixed as China reports jump in inflation

World shares are mixed after China reported a big jump in factory gate prices at a time when inflation is a top investor concern. Shares fell London, Frankfurt, Tokyo and Hong Kong but rose in Paris and Shanghai. U.S. futures edged higher. China's producer price index,...

Read The Full Story >>
From Our Partners

PROOF - that boring is beautiful (and profitable)

They've been called the "most boring stocks on earth." But I wouldn't trade them for the world. These stocks payout whether the market moves up, down, or sideways (they are mandated by law to make a profit). Today's market roller coaster ride is proof that these "boring" stocks are (or should be) a critical part of your investment strategy.

Click here for the full details.

Biogen Blasts Ahead on Its Alzheimer's Drug News

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 >>

Australia says WTO should punish Chinese economic coercion

The World Trade Organization should penalize “bad behavior when it occurs,” Australia's prime minister said Wednesday ahead of a Group of Seven leaders’ meeting in Britain where he hopes to garner support in a trade dispute with China. Prime Minister Scott Morrison said Australia woul...

Read The Full Story >>
From Our Partners

They May Soon Discover One of the Biggest Gold Strikes!

Meet the junior explorer drilling on a gold project that has a potential 1M ounce vein!

Continue Reading

3 Reasons Yeti Holdings (NYSE:YETI) is a Buy

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 >>

Free Webinar | June 9: How To Assess if Your Business Has a Strong Foundation

What does your small business have in common with a skyscraper? Both need strong foundations from which to survive and thrive. But what does this actually look like for your business?In this webinar, we’ll discuss five important items to check off of your to-do list before y...

Read The Full Story >>

The Latest: France welcomes tourists with EU-approved shots

France is back in business as a tourist destination after opening its borders Wednesday to foreign visitors who are inoculated against the coronavirus with vaccines approved by European Union regulators

Read The Full Story >>

Europe's stimulus likely to keep running as economies reopen

The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy shows signs of recovery thanks to the easing of pandemic restrictions. And that could present a challenge for ECB head Christine Lagarde. She faces a balancing act:...

Read The Full Story >>

Chico's Surges on Earnings Report, Facing Activists

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 >>
The Early Bird Stock Of The Day Holdings, Inc. Holdings, Inc. Holdings, Inc. provides cloud-based software that digitizes and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial-intelligence (AI)-enabled financial software platform. The company provides software-as-a-service, cloud-based payments products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, manage cash flows, and enhance office efficiency. It also offers onboarding implementation support, as well as ongoing support and training services. The company sells its products through the sales team, accounting firms, financial institution partners, and accounting software providers. Holdings, Inc. was founded in 2006 and is headquartered in Palo Alto, California.

Learn more

The Early Bird is a daily email newsletter powered by MarketBeat that covers the top stories that will impact the stock market each day. Read your copy every morning at 7:00 AM Eastern so that you can "catch the worm" when the market opens.

The Early Bird

American Consumer News, LLC dba MarketBeat
326 E 8th St #105, Sioux Falls, SD 57103
[email protected]
(844) 978-6257

Unsubscribe or Manage Your Mailing Preferences