Good MorningEquities rebounded on Wednesday but it is too soon to call a bottom in the market. While the S&P 500 is moving up from the key 4,200 level the move is ahead of an important data point that could change the market's outlook. That data point is the PCE price index on Friday. The PCE Price index is expected to moderate on a sequential basis but still come in at a strong up .03% for the month and 5.3% from last year.
The risk for the market is that inflation will not moderate and there is no real reason to think it will. Not only is energy at the highest levels in a decade and driving input costs higher throughout the economy but producers and retailers are still trying to catch up with the last 12 months of inflation. If anything, the market should be prepared for a hot number and a chance the S&P 500 could break through support at 4,200 and make a move toward the 2,700 level. Featured: Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad) 
|
Markets | |
Automatic Data Processing Moves Higher On Strong Results
As great as the risks to the economy are right now, the results from Automatic Data Processing (NYSE: ADP) prove the labor market and business, in general, are doing OK. The company not only reported a stronger than expected quarter but wa... Read the Full Story |
|
From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
|
Markets | |
Dividend investing is one of the most popular ways to invest, but one of the most common questions includes this prevailing question: “How many dividend stocks should I own?”
The answer: It depends. It depends on your dividend investing strategy, the amount of available time you have ... Read the Full Story |
|
Technology | | Document management solutions and systems provider Xerox Holdings Corporation (NYSE: XRX) stock has fallen back towards pandemic lows with its surprising disappointment for Q1 fiscal 2022 earnings report. The Company was expected to make $0.13 per share profits but ended up posting a (-$0.12) per sh... Read the Full Story |
|
From Our Partners | | TradeSmith CEO Keith Kaplan warns that AI's rapid rise has a dark side, threatening American jobs and livelihoods. He says now is the time to prepare before September 30th.
TradeSmith has invested $17 million in AI tools and built a platform used by 180,000 traders worldwide. One user, Stephen, credits it with building a $2.95 million retirement portfolio. | | See where Kaplan says to move your money before September 30th |
|
Technology | |
Insiders And Institutions Are Buying Xerox
Xerox (NYSE: XRX) gave a bad report for the Q1 2022 period but that bad news is being put to good use by at least one person. Carl Icahn, already a major shareholder of Xerox, made not one but two purchases of Xerox in the wake of the earnings fallout b... Read the Full Story |
|
Consumer Staples | |
Kraft Heinz Is Still A High-Yielding Value Play
Shares of Kraft Heinz (NASDAQ: KHC) wobbled in the wake of the Q1 earnings report despite better than expected results and an increase in the guidance. The results, as good as they are, are driven in large part by higher prices and only partially o... Read the Full Story |
|
From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
|
Technology | | With the major indices being slammed right down towards their lows of the year this week, there was a lot riding on Microsoft’s (NASDAQ: MSFT) earnings last night. The tech giant reported their fiscal Q3 numbers after the bell and they were, for the most part, viewed favorably by the street.
... Read the Full Story |
|
Markets | | Casino operator Las Vegas Sands (NYSE: LVS) stock has fallen toward its COVID-19 lows. The casino operator continues to see uncertainty grow in its Macao operations being affected by China’s zero-tolerance COVID policy. There is also fears of regulatory changes that further the crackdown on co... Read the Full Story |
|
Materials | |
Having some exposure to NEM stock is solid insurance for whatever comes next
Newmont Corporation (NYSE: NEM) stock continues to fall after the mining company delivered its earnings report on April 22. In fairness, the company missed slightly on both the top and bottom lines. And earnings per sha... Read the Full Story |
|
Markets | |
When pursuing dividend stocks for your investing strategy, it’s important to understand two dates in particular: the ex-dividend date, also called the ex-date, and the date of record.
The ex-dividend date is the last day in which you can buy a share of stock and receive its upcoming dividen... Read the Full Story |
|
Industrials | |
Simpson Manufacturing Co. Nails Down Its Growth Initiatives
Simpson Manufacturing Co. (NYSE: SSD) has been riding a wave of growth that can be attributed to two things; the pandemic and its CEO, Karen Colonias. The pandemic unleashed a wave of demand the company is working hard to cash in on, it... Read the Full Story |
|
Thursday's Early Bird Stock Of The Day Trevena, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel medicines for patients affected by central nervous system disorders. Its lead product candidates include OLINVYK (Oliceridine) injection, a G protein biased mu-opioid receptor (MOR) ligand for the management of moderate-to-severe acute pain; TRV250, a G protein biased delta-opioid receptor agonist for the treatment of acute migraine; TRV734, a small molecule G protein biased ligand of the MOR for the treatment of moderate-to-severe acute and chronic pain; and TRV045, a novel S1P modulator for managing chronic pain. Trevena, Inc. was incorporated in 2007 and is based in Chesterbrook, Pennsylvania. | | View Today's Stock Pick |
|
