Good MorningEquity markets advanced on Monday, hoping the FOMC will signal the first rate cut is coming soon. Last week's employment data was soft, leading the market to think economic deterioration will push the FOMC to act, but it is a mistake to think a cut will come before July. The pace of job creation was slower than expected, and unemployment ticked higher, but the sum of the data points to healthy, resilient labor markets, which gives the FOMC no reason to cut at the next meeting without other data to back up the decision.
The S&P 500 gained more than 1%, extending the rebound that had begun two weeks prior. The market looks set to retest the all-time high and could read it soon. The next hurdle for the market will be earnings from the retail sector and the April inflation data. Both are due out next week. Until then, the target for S&P 500 resistance is 5,265, which could be strong. If the market is unable to set a new high, the odds of a deeper, 10% to 20% correction will grow. Featured: Steve Jobs' Deathbed Secret Finally Leaked (Ad) 
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The tech sector's earnings season is upon us, and with it comes a wave of anticipation and potential market volatility. Investors eagerly await reports providing insight into the financial health and future prospects of industry giants and emerging tech sector players. This period offers a crucial... Read the Full Story |
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What’s Warren Buffett’s secret? The truth is, there is no secret. The only thing the legendary investor can be credited with is an uncanny ability to spot companies that would one day become big names at an early enough stage so they could be acquired at a fraction of current valuation... Read the Full Story |
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Stocks | | | After consecutive years of market losses in China, geopolitical tensions, and a lingering property crisis, many U.S. asset managers are now showing confidence in Chinese stocks, highlighting potential opportunities. In March, billionaire investor Ray Dalio suggested that China presents an opportune ... Read the Full Story |
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Super Bowl commercials are famous for pulling out all the stops to be memorable. Still, some companies have timeless classics that don’t need rebranding: the Budweiser Clydesdales, the E*TRADE babies and, of course, the Coca-Cola polar bears. Few companies have more name recognition than The... Read the Full Story |
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The CEO is the most important person in a company. The CEO alone is responsible for knowing the inside and outside of the business, the market dynamics, operations, and strategy. The CEO is responsible for interpreting news and events and guiding strategy. They are responsible for the money, spend... Read the Full Story |
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Stocks | | | Wall Street capped a choppy week of trading Friday with the best day for the stock market in over two months, as traders welcomed cooler-than-expected U.S. employment data as a sign that inflationary pressures on the economy are easing.The S&P 500 rose 1.3%, its best day since late February. The... Read the Full Story |
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Markets | | | Asian markets were mostly higher Tuesday after another day of gains on Wall Street, although Chinese shares faltered. U.S. futures and oil prices edged higher. Tokyo's Nikkei 225, reopening after a national holiday, jumped 1.5% to 38,784.91 and the Kospi in South Korea surged 1.9% to 2,728.05. Hong ... Read the Full Story |
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Markets | | | This year's Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes ... Read the Full Story |
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Markets | | | Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time."Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face wit... Read the Full Story |
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Stocks | | | Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well.The company reported reported a $12.7 billion profit, or $8.825 per Class A share, in the quarter. That’s roug... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Kratos Defense & Security Solutions, Inc. engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions. The US segment refers to the unmanned aerial, unmanned ground, unmanned seaborne and related command, control and communications system businesses. The company was founded on December 19, 1994, and is headquartered in Round Rock, TX. | | View Today's Stock Pick |
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