Good MorningEquities began the week on solid footing with the S&P 500 rising more than 1.85% at the high of the day. Investors are warned not to read too much into the move, however, because there are at least two major catalysts this week that could drive the market lower. The first is the release of the FOMC minutes on Wednesday, minutes that could reveal a very hawkish Federal Reserve, and the second is the PCE price index on Friday.
The PCE price index is not expected to subside substantially from the previous month and could even come in hotter than expected. A hot figure will seal the deal on a series of 50 basis point rate hikes and could even lead to a 75 basis point hike at the June meeting. The takeaway for investors is that there are many risks on the horizon and that selling in May and going away until the fall could be the best strategy for the summer. Featured: Could this be crypto's biggest Trump win? (Ad) 
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Markets | | | Since the closely followed benchmarks live and die by their biggest constituents, mega cap names will likely need to mount a comeback for the market to have any chance of finishing higher by year end. Don’t wait too long to jump on these three mega pullbacks. Read the Full Story |
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Politics | | | Global shares declined Tuesday as worries over inflation tempered optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports.
European shares fell in early trading, with France's CAC 40 down 1.3% at 6,275.73. Germany's DAX dipped nearl... Read the Full Story |
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Stocks | | | Price weakness, particularly post-earnings release price weakness in what is otherwise a good, healthy company is often a good time to buy stock. The problem is that all too often bottom-fishing turns into a loss that could have otherwise been avoided. Read the Full Story |
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From Our PartnersAs you may have seen over the last few weeks, I've been giving out special daily setups on my favorite ticker.
We’ve been taking these setups @ 10AM and so far, we've posted 28 different payouts …
Each of which were delivered at exactly 4PM as the market closed.
You see, these setups require zero oversight and have shown the power to deliver in the most chaotic market conditions.
And after a few weeks of fine-tuning … I knew it was time to let you in on The 4 PM Payout Plan.
That's why Jack Carter and I pulled back the curtain to reveal how we've been able to nail in a 96% win rate in the same window the market lost 11 trillion dollars in value. | | | We also revealed how you can find and execute these setups on your own without any help at all. |
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Tech | | | Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 rose 1.9%, the Dow Jones Industrial Average rose 2% and the Nasdaq rose 1.6%. Banks and technology stocks made some of the strongest gains. Concern... Read the Full Story |
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Markets | | | Stocks rallied in afternoon trading on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020.
The S&P 500 rose 1.8% as of 3:12 p.m. Eastern. The Dow Jones Industrial Average rose 588 points, or 1.9%, to 31,850 and the Nasda... Read the Full Story |
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Politics | | | Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Forum gathering in Davos.
He said sanctions need to go further to ... Read the Full Story |
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Tech | | | Automaker Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company's second North American electric vehicle battery factory.
The company said it will give an update on the future of its Kokomo operations at an Indiana community college on ... Read the Full Story |
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Markets | | | Crowdstrike offers investors the chance to invest in a company with extremely consistent YoY growth and exceptional free cash flows. The business has more than quadrupled its TAM with all of it coming from organic growth in demand for cloud cybersecurity services. A true unicorn. Read the Full Story |
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Stocks | | |
Steakhouse operator Texas Roadhouse (NASDAQ: TXRH) stock has been cascading lower as sells off (-21%) on the year. The popular casual dining firm operates brands including Texas Roadhouse, Bubba’s 33, and Jaggers. Inflationary pressures have led to higher prices which helped to bolster sales... Read the Full Story |
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Stocks | | |
Digital marketplace Farfetch (NASDAQ: FTCH) stock has collapsed over (-75%) off its highs down to pandemic lows while revenue tripled since its IPO. The largest global luxury fashion e-commerce platform was a hot marketplace for sneakerheads and continues to drive double-digit top-line growth. The... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services. This segment also provides LinkedIn; and dynamics business solutions, including Dynamics 365, a set of intelligent, cloud-based applications across ERP, CRM, power apps, and power automate; and on-premises ERP and CRM applications. The Intelligent Cloud segment offers server products and cloud services, such as azure and other cloud services; SQL and windows server, visual studio, system center, and related client access licenses, as well as nuance and GitHub; and enterprise services including enterprise support services, industry solutions, and nuance professional services. The More Personal Computing segment offers Windows, including windows OEM licensing and other non-volume licensing of the Windows operating system; Windows commercial comprising volume licensing of the Windows operating system, windows cloud services, and other Windows commercial offerings; patent licensing; and windows Internet of Things; and devices, such as surface, HoloLens, and PC accessories. Additionally, this segment provides gaming, which includes Xbox hardware and content, and first- and third-party content; Xbox game pass and other subscriptions, cloud gaming, advertising, third-party disc royalties, and other cloud services; and search and news advertising, which includes Bing, Microsoft News and Edge, and third-party affiliates. The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online, and retail stores. The company was founded in 1975 and is headquartered in Redmond, Washington. | | View Today's Stock Pick |
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