Good MorningEquity markets were cautious on Monday as investors wait on the FOMC policy statement due on Wednesday. The FOMC is not expected to alter its policy, but it could issue a very hawkish statement given the state of inflation and the rise of oil prices. As it is, the market does not expect the FOMC to hike rates anymore this year or this cycle and may get a shock come Wednesday.
Strikes have emerged as a threat to the economy as industry after industry walks off the job. The risk is more than life disruption today; it also extends into inflation. The goal of unions is for more pay, shorter hours, and better conditions, fueling labor costs and inflation later this year and next.
The S&P 500 is hovering beneath critical resistance at 4,540. This level may hold until Wednesday, when the FOMC issues its statement. The market will then signal its next big move, and the odds are high for a correction. Featured: Crypto Genius: Forget bitcoin – this will be so much bigger (Ad) 
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Very few brands have made a big enough splash in their respective industry, allowing them to shake off the cyclicality inherent in their products. In the case of the restaurant industry, seasonality is a known risk that typically brings significant swings in financials.
A select group of executiv... Read the Full Story |
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From Our Partners | | How to Collect Up To $5,917/mo From Trump's Made In USA Boom
Thanks to President Trump's America-First policies, a historic wave of investment is flooding back into the United States: Apple committing a colossal $500 billion to build new U.S. factories. Microsoft injecting $80 billion into domestic manufacturing. Nvidia moving critical chip production back to America.
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The healthcare industry presents a fertile shopping ground for undervalued dividend stocks. S&P 500 components Pfizer Inc. (NYSE: PFE), Medtronic plc (NYSE: MDT) and Gilead Sciences Inc. (NASDAQ: GILD) are all dividend champions trading at low multiples, relative to their growth potential.&nbs... Read the Full Story |
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Three industries have historically proven recession-proof: government, education and healthcare. People still need education and healthcare during the good and bad times. Nations need a government to operate in any economic condition. Government intelligence, national security and military are pri... Read the Full Story |
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From Our Partners | | I made a mistake.
A mistake I feel very foolish about.
After speaking with Donald Trump and some of his advisors, I believed him.
I believed the promise that he would finally confront the single most dangerous threat to American life. That he would fix the ticking time bomb I’ve been warning about for 15 years.
But I was wrong. | Let me show you exactly what we’re doing to prepare. |
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Markets | | Instacart delivered in its stock market debut.The grocery delivery company's shares __ priced at $30 per share ahead of the IPO __ hit a peak of $42.95 Tuesday in the first few minutes of trading on the Nasdaq stock exchange. They finished the day up 12.3% at $33.70, giving the company a market valu... Read the Full Story |
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Smartphone chipmaker Qualcomm Inc. (NASDAQ: QCOM) finished higher for the week ended September 15, after inking a five-year deal to produce 5G modems for Apple Inc. (NASDAQ: AAPL).
Qualcomm has been doing business with Apple for years, with analysts estimating that 20% or possibly a little more o... Read the Full Story |
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From Our Partners | | The Tesla Shock Nobody Sees Coming
While headlines scream "Tesla is doomed"...
Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs.
One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd. | Click here to see the Tesla shock that could blindside everyone. |
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Markets | | Instacart on Monday priced its initial public offering of stock at $30 a share, raising $660 million for the grocery delivery company.San Francisco-based Instacart sold 22 million shares in the IPO. Trading of the company's stock is set to begin Tuesday on the Nasdaq stock exchange under the stock s... Read the Full Story |
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Markets | | For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the rest of the world that half the economy ran on exports. Jobs were plentiful, the government's financial co... Read the Full Story |
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Markets | | Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s looming decision on interest rates.Japan's benchmark Nikkei 225 dropped 1.1% in morning trading to 33,177.75. Australia's S&P/ASX 200 lost 0.5% to 7,192.40. South Korea's Kospi edged down 0.3% to 2,568.12. Ho... Read the Full Story |
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Markets | | The Central Bank of Russia raised its key lending rate by one percentage point to 13% on Friday, a month after imposing an even larger hike, as concerns about inflation persist and the ruble continues to struggle against the dollar. The increase comes as annualized inflation rose in September to 5.5... Read the Full Story |
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Shares of Mullen Automotive (NASDAQ: MULN) have been beaten up over the past year for good reasons. The slow roll into production, massive dilution, and fears of under-capitalization have all taken a toll. However, while threats remain, the company continues to build momentum and could be on the b... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Splunk Inc., together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements; and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience. It also provides application programming interfaces, software development kits, and other interfaces that enables its network of third-party developers, partners, and customers to build content, including pre-built data inputs, workflows, searches, reports, alerts, custom dashboards, flexible user interface components, custom data visualizations, and integration actions and methods that configures and extends its solutions to accommodate specific use cases. In addition, the company offers adoption and implementation, education, and customer support services. It sells its offerings directly through field and inside sales, and indirectly through various routes to market with various partners. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California. As of March 18, 2024, Splunk Inc. operates as a subsidiary of Cisco Systems, Inc. | View Today's Stock Pick |
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