Good MorningEquity markets started the week quietly. Traders and investors are eyeing the CPI data due on Wednesday. CPI is expected to moderate on a month-to-month basis but remain strong on a YOY basis and possibly accelerate at the core level. The risk now isn't so much the CPI data but the price of oil underpinning inflation. With oil prices on the rise and heading to $100 per barrel, another acceleration of inflation should be expected.
This week is the start of peak earnings reporting season for the Q1 fiscal period. The first reports come out on Thursday and Friday, with the big banks reporting on Friday. The analysts have been lowering their expectations so the bar may be easy to bet. The risk in this quarter is that revenue and earnings will miss the consensus or worse, the guidance will be reduced. Int that scenario, the S&P 500 will have little choice but to move lower.
Featured: Trump’s treachery  
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Mining stocks have been out of favor by investors for over a decade. The business model is cyclical, at best. It’s not an ESG-friendly sector. And let’s face it; it was hard to make a case for precious metals in a zero-interest rate environment.
But as the saying goes, tha... Read the Full Story |
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When turbulence hits the financial markets and the countless assets that compose them, investors typically turn to industries that seem to carry that "stable" factor, as in products or services that will be in demand whether markets and global economies are in a bull cycle or bear cycle. Naturally... Read the Full Story |
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Markets | | | A proposal designed to thwart environmentally and socially conscious investing has cleared the Kansas Legislature but divisions within its GOP majorities kept the measure from being a strong as some conservatives wanted Read the Full Story |
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From Our PartnersWhat 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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Weight management food and services provider WW International Inc. (NYSE: WW) stock took a 25% spike as it closed its acquisition of telehealth weight loss platform provider Sequence Inc. WW, formerly known as Weight Watchers, has been on a downward trajectory during its restructuring with mountin... Read the Full Story |
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Tilray Brands (NASDAQ: TLRY) reported a mixed quarter and a deal to acquire HEXO that sent the market moving lower. While the news is less than spectacular, there are some takeaways for investors to be aware of. Among them is the consolidation of the Canadian cannabis market, a bonus for b... Read the Full Story |
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From Our PartnersJeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%...
Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry." | | | Click here to watch the demo… |
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Markets | | | Tupperware Brands, which experienced a resurgence during the pandemic, is now pursuing investors to keep it afloat and is in danger of being delisted by the New York Stock Exchange.Shares of Tupperware Brands Corp. tumbled nearly 50% on Monday after the company said late last week that it had engage... Read the Full Story |
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The 3-D printing market has been slow to take hold, but it is taking hold, and Nano Dimension (NASDAQ: NNDM) is capitalizing on the event. The company offers a range of manufacturing solutions based on 3-D technology, including embedded solutions such as microchips and other components. This means... Read the Full Story |
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Markets | | | When Gadiel Galvez learned that the owner of his mobile home park south of Seattle was looking to sell, he and other residents worried their largely Latino community would be bulldozed to make way for another Amazon warehouse.So, they decided to form a cooperative and buy their park in Lakewood, Was... Read the Full Story |
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Markets | | | A legal battle over a dress code for bikini baristas at coffee stands is ending after a city north of Seattle agreed to pay $500,000 to the owner and employees who sued over it six years ago. The Everett City Council voted unanimously this week to authorize Mayor Cassie Franklin to sign the settleme... Read the Full Story |
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Markets | | | The Swiss government says it's ordered cuts to the bonuses of top executives of Credit Suisse, with nearly 1,000 managers being “deprived” of tens of millions combined as the troubled bank heads toward a forced merger with rival UBS.The Federal Council, a seven-member panel that runs Switzerland's e... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services. The company also offers data services, including broadband and mobile data services. In addition, it provides pay TV services through IPTV technologies; network services, such as rental of facilities; other services comprising internet access, private network connectivity, computer equipment leasing, extended service, caller identification, voice mail, cellular blocker, and others; wholesale services, including interconnection services to users of other network providers; and digital services, such as entertainment, cloud, and security and financial services. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells devices, such as smartphones, broadband USB modems, and other devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc. It markets and sells its solutions through own stores, dealers, retail and distribution channels, door-to-door sales, and outbound tele sales. The company was formerly known as Telecomunicações de São Paulo S.A. - TELESP and changed its name to Telefônica Brasil S.A. in October 2011. The company was incorporated in 1998 and is headquartered in São Paulo, Brazil. | | View Today's Stock Pick |
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