Good MorningEquities tread water for a 2nd day as traders brace for what could be a monumental PCE report. The report is expected to show moderating albeit hot inflation and give the FOMC a chance to pause and take pressure off the economy. The risk is that consumer-level inflation will be hotter than expected or accelerate in the coming months. For the FOMC, whose task is to tamp down inflation, being "certain" may be more important than giving the market what it wants.
A rise in the ten-year treasury suggests that some in the market expect a hot PCE figure, which may be wise. If not for the SVB crisis, the market would still expect such news and a 50 basis point hike from the FOMC. The only thing that has changed is a bank failure that has little to do with inflation. The real takeaway is that businesses are tightening across sectors and industries, which will be felt and seen in the 2nd half results. Featured: Top 7 Best Stocks to Buy in Summer (Ad) 
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Marketbeat’s stock screening tools are a great place to find interesting stock plays, including the screen for Most Downgrades Stocks. Stocks with downgrades can signal many things, and one of them is when to buy. That’s right. A high-flying stock or stock with high-flying expectations... Read the Full Story |
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From Our Partners | | The media and financial pundits are all misreading Trump’s actions.
They think Trump wants to make Canada the 51st state because he’s desperate for critical minerals…
They think his involvement in Ukraine is just another resource grab…
They think his tariffs will wreck the economy…
But they’re all missing the bigger picture. | | This is fast becoming the world’s most sought-after resource. |
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Volatility has been on full display for the last couple of weeks. Concerns about the global banking system, interest rates and mixed economic data are keeping investors on the edge of their seats.
Daily fluctuations in the closely watched CBOE Market Volatility Index (VIX) have been unusual... Read the Full Story |
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Markets | | | Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further upheaval in the global finan... Read the Full Story |
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From Our Partners | | As you may recall, Biden and the Fed were working on a central bank digital currency, or CBDC.
Had they gotten away with it, the Fed and U.S. banks could have seized control of our financial lives forever.
But Trump stopped them cold on January 23rd, 2025, when he outlawed CBDCs…
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Markets | | | In a bid to ease turmoil in the world financial system, Swiss authorities engineered a plan for the UBS bank to acquire its troubled smaller rival Credit Suisse at a marked-down price.It's another urgent attempt to fight fears that have put the financial world on edge 15 years after the failure of U... Read the Full Story |
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Markets | | | Global networking solutions provider Ciena Corporation (NYSE: CIEN) stock has struggled to breakout of a weekly ascending triangle pattern despite its blowout Q1 2023 earnings report. Ciena is a network infrastructure company benefiting from the secular tailwinds of growing demand for higher-speed a... Read the Full Story |
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From Our Partners | | Something big is brewing in Washington.
According to my research, an executive order from President Trump could be just weeks away.
And it holds the potential to trigger one of the most explosive tech booms in US history.
At the center of it all? Robots.
Not the kind that clean your house or pour you coffee.
But the kind that could reshape entire industries, add $1.2 trillion per year to the US economy, and affect 65 million American lives — just in the next year. | | This little-known company holds nearly 100 patents and trades for around $7 |
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Markets | | | Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. She quickly turned to someone who had been through the fire before, and on a much larger scale: Hank Paulson. Paulson,... Read the Full Story |
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Shares of The Lovesac Company (NASDAQ: LOVE) are up more than 15% following a solid report and may go even higher. This company benefits from sustained strength in the furniture industry, but there is more to the story. The Lovesac Company is a unique offering in a rarely-disrupted space, and it i... Read the Full Story |
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Markets | | | While Wall Street works to contain the biggest American bank failure since the 2008 financial meltdown, founders of startups who are people of color worry it could become even harder to secure financial support Read the Full Story |
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Stocks | | | Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks is safe Read the Full Story |
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Cintas Corp. (NASDAQ: CTAS) and others in the employer services industry are riding a wave of business that has yet to end. The pandemic caused a consolidation within the industry that led to increased client counts early on and increased penetration per client, resulting in a trend of revenu... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company offers consumer loans products, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans. In addition, it offers letters of credit, cash management services, and traditional deposit products; and wealth management services, including investment management, trust, brokerage, insurance, and investment advisory services. Further, the company owns trust preferred securities; and sells various life insurance products. It provides its products and services through financial center offices, as well as through a network of automated teller machines, telephone banking, mobile banking, and online banking. Fulton Financial Corporation was founded in 1882 and is headquartered in Lancaster, Pennsylvania. | | View Today's Stock Pick |
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