Good MorningEquity markets struggled with direction on Monday. The S&P 500 traded within a tight range but shed around 0.3% as investors and traders prepare for this week's news. Topping the list is the PCE price index, due on Friday. Analysts expect inflation to accelerate compared to last month and last year, setting the market up for a big disappointment. The latest data suggests the FOMC will cut rates in September, but another month of hot inflation with accelerating inflation could keep them from following through.
The S&P 500 is at a critical turning point, trading near the all-time high. A good inflation read could invigorate the bulls and push the market to a new all-time high, but there is risk. Not only may the data come in hot, but cool data could lead to fear of recession. Even with inflation as expected, the market could struggle to set a new high because of sector rotation. The takeaway is that September, typically a volatile month, could be more volatile than usual. Featured: What Is the $7,882 Stimulus Payment 2024? (Angel Publishing) 
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Markets | | | As the market appears to be entering a new regime with potential rate cuts on the horizon, investors might find it advantageous to look into undervalued stocks with bullish ratings from analysts. With capital flows and liquidity expected to rise, these stocks could benefit and offer promising oppo... Read the Full Story >> |
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Markets | | | Warren Buffett and value investors like him like to start looking into stocks when they are beaten up the most. Value investing is often a contrarian view; otherwise, the market would be efficiently priced, as some academics would argue. Being willing to go against popular opinion and consensus ca... Read the Full Story >> |
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Markets | | | The stock market constantly fluctuates, and this volatility calls to investors with the promise of quick riches. Perfecting the ability to time entry and exit points, analyze charts, and execute trades is an intricate skill that requires extensive dedication and continuous refinement. Countless stra... Read the Full Story >> |
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Stocks | | | European markets have opened higher while Asian stocks ended mixed after the Dow Jones Industrial Average climbed to an all-time high and Big Tech companies pulled the S&P 500 and the Nasdaq composite lower Read the Full Story >> |
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Markets | | | The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street.The S&P 500 fell 0.3% Monday, remaining within 0.9% of its record set in July. The Nasdaq composite fell 0.9%, pulle... Read the Full Story >> |
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Markets | | | Eli Lilly and Co. (NYSE: LLY) is a pharmaceutical giant that's made headlines for its GLP-1/GIP weight loss drug Tirzepatide, known as Mounjaro for type 2 diabetes, and Zepbound for obesity. Its stock is trading back near its all-time high at $972.52. Its market capitalization hovers around the ... Read the Full Story >> |
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Markets | | | Peloton (NASDAQ: PTON) wowed the market with its FQ4 results, sending its shares up nearly 50% in two days. This indicates a dynamic shift that could increase its price over the coming quarters and years. However, details within the report also point to headwinds that may cap gains today; a sust... Read the Full Story >> |
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Markets | | | Latinas contributed $1.3 trillion to the U.S. gross domestic product in 2021, up from $661 billion in 2010 and at a growth rate nearly triple that of non-Latinos during the same time period, according to a new report funded by Bank of America and conducted by professors at California Lutheran University and UCLA Read the Full Story >> |
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Markets | | | Nearly 11 months into the war with Hamas, Israel's economy is struggling as the country's leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict Read the Full Story >> |
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Markets | | | West Virginia Gov. Jim Justice's family is millions of dollars behind on payments to employees' health insurance fund at their financially beleaguered hotel, putting workers' coverage at risk despite the U.S. Senate candidate's claims otherwise, a union official said Friday. "The delinquencies are f... Read the Full Story >> |
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Tuesday's Early Bird Stock Of The Day Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment... | Should I Buy Target Stock? TGT Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Target was last updated on Tuesday, August 20, 2024 at 8:33 PM. Pros- Target Corporation operates as a general merchandise retailer in the United States, offering a wide range of products including apparel, beauty and personal care, baby gear, and more.
Cons- No specific cons were found in the recent data for Target Co.
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