Good MorningEquity markets rebounded last week, and the rally may continue this week. A combination of easing fear, easing inflation and better-than-expected earnings reports is why. The S&P 500 gained over 3.25% for the week in a high-conviction move that could reach the 4,200 level soon. The risk for traders is that resistance at the 4,200 will cap gains until later in the year.
This week will be driven primarily by the economic data. There are few earnings reports on the calendar but multiple economic events. Most of those are centered on the labor market and could point the way toward the Fed's next move. If the labor market shows signs of weakness or deterioration, the committee may have no choice but to hold back on the next interest rate hike. Until then, inflation remains hot despite the cooling indicated in last week's data.
Featured: Millionaire trader says “Investing is Dead” (Ad) 
|
Stocks | | | Looking to boost your portfolio with the perfect blend of growth and stability? Mid-cap stocks might just be your golden ticket. Striking a balance between the untapped potential of small caps and the steady performance of large caps, mid-cap companies often embody the best of both worlds. These bus... Read the Full Story |
|
From Our Partners | | A little-known Title 15 provision could let you collect instant payouts — $100 to $1,000 — directly from your smartphone.
You don’t need to trade stocks or own assets. Jeff Clark has used this strategy for years with elite clients, and now he’s revealing it in a short video for everyday Americans. | | Watch how to collect your first payout here |
|
Stocks | | | From classic arcade games to immersive virtual environments, video games have transformed into a major segment of global entertainment, engaging diverse demographics across all age groups. Let's take a look at the investment potential within this booming industry.
Overview of the Video Game Indus... Read the Full Story |
|
Tech | | | Shares were mixed in Asia on Tuesday as investors watched for the latest moves by central banks, while oil prices steadied after shooting higher the day before following an announcement that major exporters plan to cut production. Benchmarks rose in Tokyo, Shanghai and Seoul but fell in Hong Kong an... Read the Full Story |
|
From Our Partners | Will you be Larry's next breakout protégé?
For the past three years, Larry Benedict's "protégés" have had the chance to beat the market by 8x.
But it hasn't happened the usual way.
It's all thanks to something he calls the "Market Wizard Protégé Program."
For every dollar others make, you could make 2x, 5x, even 10x more — using the same stocks.
It almost sounds like magic, but it's true.
Is this radical program suitable for you? | | Click here to see for yourself — including the #1 stock Larry recommends trading today. |
|
Markets | | |
The wireless business in the US is extremely competitive and has seen substantial expansion and innovation in recent years. Many significant companies dominate the market, notably AT&T (NYSE: T), Verizon (NYSE: VZ), T-Mobile (NASDAQ: TMUS), and Sprint (NYSE: SPRINT), which together own the bul... Read the Full Story |
|
Markets | | | Athletic footwear and apparel maker NIKE Inc. (NYSE: NKE) shares fell on Its fiscal Q3 2023 earnings release. The report was stronger than expected, but margin compression and rising inventories snuffed out any immediate buying pressure on its stock. Despite beating sales estimates by over a billion... Read the Full Story |
|
|
Markets | | | Fights over increasing the nation’s borrowing authority have been contentious in Congress, yet follow a familiar pattern: Time and again, lawmakers found a way to step back from the brink before markets began to panic and the nation risked a dangerous default on its debt.But this year’s fight has a ... Read the Full Story |
|
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 |
|
Markets | | | The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the country’s prosperity could grow too dependent on a single banking behemoth.The uncertain future of a union of Switzerland’s two... Read the Full Story |
|
Markets | | |
The world’s largest defense contractor Lockheed Martin Co. (NYSE: LMT) stock, has been hovering near all-time highs setting up a potential breakout on a weekly ascending triangle pattern. The company continues to report new U.S. military contracts weekly. Near-term disruptions with its suppl... Read the Full Story |
|
Markets | | | Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling up to 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.Higher oil prices would help fill Russian President Vladimir Putin's coffers as his country wages war ... Read the Full Story |
|
Monday's Early Bird Stock Of The Day Petco Health and Wellness Company, Inc., operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites. The company offers its products under the WholeHearted, Reddy, and Well & Good brands. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California. | | View Today's Stock Pick |
|
