Good MorningThe Bulls came raging out of the gate on Monday driving the S&P 500 up more than 1% to set a new all-time high. The move comes on the eve of the Fed's Jackson Hole, Wyoming conference, a conference that could change the tone of the market for the second half of the year. There's little expectation the Fed will signal a major policy change but commentary from Individual members could sway Market sentiment.
Also on tap this week is the Fed's favored indicator of consumer-level inflation, the PCE price index. The consensus estimate is for Consumer-level inflation to rise 0.3% over the past month, a tenth of a percent lower than the previous month, and for year-over-year gains to tame as well. With the Fed leaning more and more towards tapering, a hotter than expected number could easily lead the market to believe Fed tapering actions will occur quicker than currently forecast.
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Markets | | | Traeger, Inc. (NYSE: COOK) has been a smoking hot issue since its IPO only a few short weeks ago. The company manufactures and markets a range of BBQ grilling products that are supported by a healthy digital platform its users love. Read the Full Story |
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From Our Partners | | What If Washington Declared That:
YOUR Money ISN'T Actually Yours?
Sounds insane, but that's exactly what the Department of Justice just admitted in court—claiming cash isn't legally your property.
What does that mean? It means Washington thinks they can seize, freeze, or drain your accounts—whenever they want. | | Get your free guide now by clicking here >> |
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Politics | | | ATHENS, Greece — Greece’s health minister has announced restrictions and requirements for people who are not vaccinated against COVID-19, stressing that more than 90% of patients being treated for the disease in intensive care units are unvaccinated.
Health Minister Vassilis Kikilias... Read the Full Story |
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Politics | | | TEHRAN, Iran — Iran has registered its highest single-day COVID-19 death toll of the pandemic, according to state media reports.
The country’s Health Ministry said Tuesday that 709 people with the disease had died since Monday and 7,727 patients were in critical condition. The minist... Read the Full Story |
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From Our Partners | | Here’s a chart everyone should see that dates back to 1993…
As you can see, the top line shows the much bigger average market return from trading overnight…
Versus the bottom line, which shows the more modest average return from trading during the day.
Look at that gigantic difference!
So if you prefer nice big overnight returns instead, I agree with you.
That’s why I’ve designed a breakthrough trade to tap into that overnight trading frenzy.
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Obviously, I won’t make any reckless guarantees in the stock market, but…
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PLUS, you’ll also see what my #1 ranked asset is in the entire market…
And what my “hands-off” stocks are that I wouldn’t touch with a 100-foot pole. | | Check out the breakthrough overnight trade before I take the video down. |
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Politics | | | ISLAMABAD — Pakistan will require all teachers, professors, school staff and students age 17 and older to be vaccinated against the coronavirus.
Unvaccinated people will be barred from entering educational institutions starting Oct. 15. That's also when the government will require pro... Read the Full Story |
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Politics | | | NEW YORK — CVS Health Corp. is joining the group of U.S. companies that require employees who have contact with customers to be vaccinated against the coronavirus.
Nurses and other employees who interact with patients, as well as all corporate staff, must be vaccinated by Oct. 31, the... Read the Full Story |
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From Our Partners | | A bombshell announcement is just weeks away — and it could send shockwaves through the gold market. Most investors are still asleep… but not for long. Garrett Goggin’s latest research reveals how you can “front-run” the greatest investor alive by positioning in four small miners sitting on up to 100X potential upside. When this hits the news — it’ll be too late. | | Discover how you could front-run Buffett’s gold move with Garrett’s Top Four picks. |
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Markets | | | With no shortage of fresh companies for investors to choose from in 2021 thanks to a burst of IPO activity, it can be difficult to keep track of the sheer amount of newly public companies to consider investing in. During Q2, global IPO volumes rose 150% and proceeds rose by 215% year-over-year to de... Read the Full Story |
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Markets | | | A breed of gig apps tailored for short-term work slots — from Stint to Instaworks to Gigpro — is gaining popularity in the United Kingdom as well as in the United States as one response to the peculiar ways in which economies have been rebounding from the pandemic recession Read the Full Story |
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Markets | | |
Back in 2015 Under Armour (NYSE: UAA) was flying high as an upstart challenger to Nike and other industry incumbents. The athletic apparel maker then fell into a major slump shedding more than 60% of its market value from 2016 to 2017 following a series of missteps.
Fast forward four years and Un... Read the Full Story |
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Markets | | |
I was a psychology minor in college. Every time I come across an article about heuristic thinking or the availability bias, I always stop and read because they are so fascinating — and potentially damaging — to ourselves and even to our money.
Need an example of a bias? For exam... Read the Full Story |
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Markets | | | Ituran Location and Control (NASDAQ: ITRN) is a small Israeli-based company providing digital services to vehicle owners. The company's clients range from individuals to OEM manufacturers, its products and services include location and antitheft controls Read the Full Story |
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The Early Bird Stock Of The Day McAfee Corp. provides various integrated security, privacy, and trust solutions to consumers, small and medium-sized businesses, large enterprises, and governments in the United States and internationally. The company operates in two segments, Consumer and Enterprise. Its security technologies enable home users and businesses to stay ahead of the wave of fileless attacks, viruses, malware, and other online threats. The company offers personal protection services that provide holistic digital protection of the individual and family wherever they go under the Total Protection and LiveSafe brands; and cybersecurity solution that protects against adversarial threats across cloud, on-premise, and hybrid environments, as well as endpoint devices. It also provides device security, privacy and safe Wi-Fi, online protection, and identity protection services; and MVISION Device, MVISION Cloud, and MVISION security services. McAfee orp. was founded in 2019 and is headquartered in San Jose, California. | | View Today's Stock Pick |
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