Good MorningEquity markets advanced last week, leaving the S&P 500 at a fresh all-time high. The move was partly driven by the cool read on CPI Wednesday, but the real market driver is earnings. The FOMC and inflation are worries but little more than bricks in the Wall of Worry because of economic strength and S&P 500 earnings. S&P 500 earnings are growing, and growth is accelerating. In this environment, the S&P 500 can continue to rise until the last penny of economic expansion and earnings growth is priced into the market. Based on technical indicators, that could mean another 12% to 15% upside by early next year.
Next week's hurdle will be retail sales. The May reading of Retail Sales data is due on Wednesday and may alter the outlook. Retail sales are expected to accelerate from the previous month and keep the pace above 3% year over year. A weak reading will pass so long as no significant contraction is posted. In that scenario, the long-anticipated recession may have arrived. Featured: Everyone’s watching Nvidia right now. Here’s why I’m excited. (Ad) 
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Whenever the Federal Reserve (the Fed) speaks, the whole market, the global financial market, watches closely. A single shift in sentiment and approach to where interest rates may be headed could send markets swinging in either direction, and that’s where investors can begin to look for oppo... Read the Full Story |
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From Our Partners | | The AI boom isn’t just transforming technology—it’s redefining global power, increasing government debt, and ushering in more economic uncertainty.
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As Bitcoin continues to consolidate within reach of its all-time highs, many investors, speculators, and traders wonder if a breakout is on the horizon. Currently trading at $67,100 per bitcoin and up almost 52% YTD, Bitcoin's critical short-term support level sits at $66,000, with $72,000 acting ... Read the Full Story |
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The cryptocurrency market has experienced remarkable growth, rewarding investors with its potential. Bitcoin surged by approximately 168%, Ethereum advanced by around 66%, and Solana, a relative newcomer, soared over 100% in the past year. While these returns are undeniably attractive, direct inve... Read the Full Story |
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From Our Partners | | Cold War Discovery Could Unlock $100 Trillion in Wealth
Jeff recently traveled to an American ghost town to investigate this crazy Cold War story…
Because it could hold the key to the entire $100 trillion AI boom.
It involves an American ghost town with just 30 people…
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Once threatened by the advancements in artificial intelligence (AI), shares of Adobe Inc. (NASDAQ: ADBE) are now having their best day in over four years, all because of AI. The stock is now rallying by over 15% on the company’s most recent quarterly earnings results, primarily driven ... Read the Full Story |
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The price correction in Adobe (NASDAQ: ADBE) stock experienced over the past two quarters was not unwarranted. The company’s AI prospects aside, the results were solid but failed to show the boost seen in other prominent AI players, including NVIDIA (NASDAQ: NVDA), Micron (NASDAQ: MU), Micro... Read the Full Story |
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From Our Partners | | 2025 is off to a turbulent start—markets are swinging wildly, inflation pressures remain high, and recession fears are creeping back into headlines.
But even in uncertain times, innovation doesn’t slow down.
In fact, artificial intelligence (AI) is accelerating faster than ever—creating new profit opportunities while the broader market struggles.
Our latest research reveals two AI stocks trading under $15 that could thrive even as volatility grows. These under-the-radar companies are positioned to ride the next wave of AI-driven demand—and they’re still flying below most investors’ radar. | | 👉[Click here to access your FREE AI stocks report now.] |
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Markets | | | U.S. stocks hung around their record levels on Friday as Wall Street remained relatively quiet following another slide in Europe.The S&P 500 edged down by less than 0.1%, marking the first time this week where it did not set an all-time high. The Dow Jones Industrial Average dipped 57 points, or... Read the Full Story |
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Markets | | | China's central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world's No. 2 economy's manufacturing and real estate sectors. The central bank kept its rate for 1-year medium-term lending facility loans, used... Read the Full Story |
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Markets | | | Yemen’s Houthi rebels and its internationally recognized government are locked in a fight for control of the country’s banks that experts warn is threatening to further wreck an economy already crippled by nearly a decade of war Read the Full Story |
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Markets | | | U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, dropped to 65.6 this month from a final rea... Read the Full Story |
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Markets | | | The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and back economic reforms that have contributed to the worst cost-of-living crisis in many years for Africa’s most populous country Read the Full Story |
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Monday's Early Bird Stock Of The Day Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio. | | View Today's Stock Pick |
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