Good MorningEquity markets got a boost from the better-than-expected CPI report, but the strength did not last. The headline CPI figure moderated more than expected, but YOY gains and core inflation remain strong. Also, oil prices are rising and will underpin another acceleration of inflation; the only question is when. The price of WTI gained more than 2.25% for the day to break out of a trading range and confirm the continuation of rebounding. With OPEC+ tilting the balance in favor of supply it is likely oil will rise to $100 per barrel at least.
This week's market risks are not behind us. The March retail sales figures are due out on Friday and are expected to be negative. The risk is that spending will fall more than expected and lead the S&P 500 lower. As it is, the index confirms resistance at a critical level and is more likely to sell off than to rally. Featured: AI Meltdown Imminent: Dump These Stocks Now! (Ad) 
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Stocks | | | Embarking on an investment journey? Why not start with something you're passionate about? Whether you are a parent or just young at heart, investing in toy stocks can offer a delightful and potentially profitable venture. Keep reading to learn more about the world of publicly traded toy companies. B... Read the Full Story |
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Fittingly, gold stocks have been hot since St. Patrick’s Day. But there’s one pot of gold that’s even bigger.
Oil & gas producers are up more than 15% since March 17th, outshining all other industry groups. The run has breathed new life into an energy sector that domin... Read the Full Story |
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Stocks | | | Virtual reality (VR) technology has advanced significantly over the years, impacting various aspects of our lives, from entertainment to workplace productivity. You can invest in virtual reality through various avenues, including hardware, software, and metaverse platforms. Keep reading to learn abo... 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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Because of the current state of Chinese versus American counterpart affairs within the chip and semiconductor manufacturing industry, many operators in the space have been pinned to choose between the two nations as to which will receive support through manufacturing licenses and equipment.
The U... Read the Full Story |
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Cheesecake Factory (NASDAQ: CAKE) needs to catch up to the sit-down restaurant group regarding the restaurant rebound, but it may surprise investors with the next earnings report. Trends in the group suggest strength for Cheesecake Factory, and the company has been working to reclaim lost margin.
... Read the Full Story |
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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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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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Thursday's Early Bird Stock Of The Day Adial Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development of therapeutics for the treatment or prevention of addiction and related disorders. Its lead product is AD04, a serotonin-3 antagonist, which is in Phase III clinical trial for the treatment of alcohol use disorder. The company also focuses on developing drug candidates for non-opioid pain reduction and other diseases and disorders. Adial Pharmaceuticals, Inc. was founded in 2010 and is based in Charlottesville, Virginia. | | View Today's Stock Pick |
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