Good MorningEquity markets started the week on uncertain footing as the focus shifted away from NVIDIA and AI toward economic data. A full slate of data is due out, including the January read of the PCE price index. The PCE price index is expected to show a sequential acceleration to align with the latest CPI data, news that is unlikely to spur risk-on appetite. Hot inflation will keep the FOMC's policy tight until later in the year, jeopardizing this year's earnings outlook.
The market has its hopes pinned on an interest rate cut in the first half, and it is becoming less and less likely. The CME FedWatch Tool shows a slim chance for a single 25 basis point cut by June and only a 50/50 chance for two by July. Because the 2nd-half earnings outlook depends on rates falling, a hot inflation read could have an outsized impact on the market. As it is, the S&P 500 is well above critical support and the 150-day moving average, setting it up for a high-single-digit decline when it comes. Featured: The Retirement of Your Dreams Awaits You… (Crypto 101 Media) 
|
Markets | | | Maybe you are looking back at the 2020-2023 equity curve in your portfolio and are noticing an increasingly slowing upward trend. This is not your fault but rather the effects of the Federal Reserve (the Fed) raising interest rates, making ‘riskier’ high growth plays less attractive to... Read the Full Story >> |
|
From Our PartnersA shocking leak has revealed tech giant Microsoft plans to add crypto support to future products. If the plans in these leaked documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, and MORE. The coupling of gaming and cryptocurrency could transform digital finance as we know it. We've gathered 27 experts to share their top picks and predictions for the 2024 crypto bull run. | | | | Claim your free seat by clicking here now. |
|
Markets | | | Most hype surrounds technology stocks, particularly after the king of the sector, Nvidia Corp. (NASDAQ: NVDA), kept breaking past all-time high prices on ever-increasing financial expansion. There is the risk of a "spillover" effect into other names. Considering the new wave about ... Read the Full Story >> |
|
Markets | | | Nvidia Corp.’s (NASDAQ: NVDA) 59% gain since the start of 2024 has propelled the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) and the Invesco QQQ (NASDAQ: QQQ) to new highs. In particular, Nvidia is pulling other artificial intelligence stocks higher, which is resulting in broad market ... Read the Full Story >> |
|
From Our PartnersI want to let you in on what may be the hottest crypto discovery of all time…
One that has NOTHING to do with creating a crypto wallet or touching ANY risky coin for that matter.
Instead, it's a way that could let regular folks like you and me target 10X the possible results you'd expect from buying Bitcoin … in just a fraction of the time
It sounds nuts… trust me I know that…
But just as I would hate for you to jump into any risky crypto asset… | | | | One market expert calls it Crypto's Hidden Gem |
|
Stocks | | | Asian shares retreated on Tuesday after U.S. stocks edged back from their record heights. Most regional markets fell, while Shanghai advanced. U.S. futures and oil prices were little changed. Traders are growing cautious after the New Year's rally that has swept much of the world's markets. "All in ... Read the Full Story >> |
|
Stocks | | | Billionaire Warren Buffett is known as one of the world's greatest investors, and the 93-year-old has a devout following of people who admire his track record and appreciate his sage advice on life and investing Read the Full Story >> |
|
|
Stocks | | | World shares were mostly higher on Tuesday after U.S. stocks edged back from their record peaks. Germany's DAX added 0.5% to 17,503.99. In Paris, the CAC 40 edged less than 0.1% higher to 7,931.86 and London's FTSE 100 was up 0.1% at 7,691.96. The future for the S&P 500 was up 0.1% and that for ... Read the Full Story >> |
|
Markets | | | Pinterest Inc. (NYSE: PINS) stock suffered a 12% sell-off on its Q4 2023 earnings report. The main reason for the selling was a miss on the top line, as revenues failed to beat consensus analyst estimates. Analysts expected 14% to 15% revenue growth, while Pinterest delivered 12%. Inve... Read the Full Story >> |
|
Markets | | | Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he's received the credit for leading and warned shareholders in his annual letter not to listen to Wall Street pundits or financial advisers who urge them to trade often Read the Full Story >> |
|
Markets | | | This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2% this year after adjusting for inflation, according to the National Association for Business Economic... Read the Full Story >> |
|
Markets | | | Live Nation Entertainment Inc. (NYSE: LYV) is the global leader in live music and entertainment events. Live Nation has tremendous scale with a rock-solid moat as it promoted over 50,000 live events for over 145 million fans in 2023, generating revenues of $22.7 billion, up 36% YoY. The pent-up de... Read the Full Story >> |
|
Tuesday's Early Bird Stock Of The Day DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash and Wolt marketplaces, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; DashPass and Wolt+, a membership products; and offers DoorDash Drive and Wolt Drive, a white-label deliv... | | View Today's Stock Pick |
|
No comments:
Post a Comment