Good MorningChurn continued on Wall Street Wednesday, with the S&P 500 gaining a little more than 0.5% to reclaim the week's highs. The move came just before the December CPI figures were released and may lead to a new all-time high in their wake. The CPI data is due today and may come in cooler than expected. A cooler-than-expected read will shorten the time until the first FOMC interest rate cut but poses a bigger risk. Cooler-than-expected inflation may raise fears of deflation and recession, sapping appetite for risk-on assets like equities.
Earning season action will heat up tomorrow. The Big Banks, including JPMorgan Chase, will report earnings, and the news will move the market. Revenue and earnings are expected to be solid due to higher interest rates; the question is how the consumer fares. As it is, data suggests the US consumer is resilient in 2024 and will continue to buy, albeit price-consciously. Featured: The DOJ Just Paved the Way for Account Seizures (Ad) 
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In today's digital age, securing sensitive information and digital assets is a top priority for businesses globally. With technology's constant evolution and the rapid shift to digital operations, cybersecurity has become pivotal in fortifying against potential threats.
As businesses increasingly... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
Back in 2018, when Jeff Brown told everyone to buy Tesla…
The "experts" said Elon was finished and Tesla was headed for bankruptcy.
Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough. | | Click here to see why Tesla's about to prove everyone wrong... again. |
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It's starting to look more and more like the rally, which kicked off at the end of October, is set to continue into 2024. While stocks softened a little last week, the benchmark S&P 500 index is already ticking back to last month's high, with investor expectations now set on seeing it tag a fr... Read the Full Story |
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U.K.-based AstraZeneca PLC (NASDAQ: AZN) is up 8.95% in the past month as investors grow optimistic about the company's improved earnings outlook for 2024. Not only are sales of cancer and diabetes drugs growing fast, but the company announced an acquisition in the area of innovative cell therapie... Read the Full Story |
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From Our Partners | | A Historic Gold Announcement Is About to Rock Wall Street?
For months, sharp-eyed analysts have watched the quiet buildup behind the scenes. Now, in just days, the floodgates are set to open. The greatest investor of all time could validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent — and four tiny miners could be your ticket to 100X gains. | | Click here to get Garrett’s Top Four picks now. |
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Stocks | | | The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or endorses bitcoin.The SEC said it gave the green light to 11 exchang... Read the Full Story |
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Markets | | | Beijing’s threats to use force to claim self-governed Taiwan aren't just about missiles and warships. Hard economic realities will be at play as voters head to the polls Saturday, though the relationship is complicated. The economy has slowed since the pandemic, with growth in 2023 estimated at only... 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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PriceSmart (NASDAQ: PSMT), as good an investment as it is, has struggled to gain traction with price shares, but that struggle is ending. PriceSmart is well-positioned generally but specifically for 2024 because its business centers on EMs in Latin America, growing organically and building leverag... Read the Full Story |
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Markets | | | Asian shares were mostly higher on Friday after Wall Street drifted to a mixed close. Tokyo’s benchmark extended its New Year's rally, trading well above 35,000 and at its highest level since 1990. U.S. futures were nearly unchanged and oil prices surged. On Thursday, a U.S. inflation report forced ... Read the Full Story |
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Markets | | | The Securities and Exchange Commission said Tuesday that a post sent from the agency's account on the social platform X announcing the approval of a long-awaited bitcoin exchange-traded fund was “unauthorized,” and that the agency's account was hacked.The price of bitcoin briefly spiked more than $1... Read the Full Story |
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Markets | | | Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024.That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be ... Read the Full Story |
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SGH (NASDAQ: SGH) share prices have been on a wild ride for the last two years, moving sharply higher and lower, and are heading higher now. The difference is that transformation efforts are taking hold, and the company is setting up for long-term success. There are still hurdles to overcome, incl... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Getaround, Inc. operates as an online car rental service company for peer-to-peer car sharing. The company operates Getaround, a digital carsharing marketplace, which is accessed through the Getaround app and derives demand from guests who want access to cars nearby 24/7 for various use cases, such as local and long-distance getaways, running errands, business travel, and driving to earn through rideshare and delivery platforms. Getaround, Inc. is based in San Francisco, California. | | View Today's Stock Pick |
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