Good MorningEquity markets tried to rebound on Wednesday but stumbled after getting what they wanted: soft labor data. While the ADP and JOLTs figures suggest softening in the labor market and may lead the FOMC to cut rates sooner than expected, there is a downside that should be considered. Slowing labor market growth and business spending will impact GDP in 2024 and may lead the economy into recession. The odds of a soft landing have grown in recent months, but investors should not be sanguine, the Fed has been behind the curve since the beginning of the inflation crisis and is unlikely to proactively cut rates. Cutting too soon will result in accelerating inflation and higher rates for longer.
The S&P 500 continues hovering at critical resistance with several potential catalysts. The first comes on Friday with the NFP report, expected to show a solid job gain of 190,000, the next is the following week and includes a double-shot of inflation news, the FOMC decisions and retail sales. The CPI and PPI will most likely confirm slowing inflation but the retail sales may also confirm weak spending and lackluster holiday season. Featured: Lithium Discovery So BIG You Can't Miss it, Even From Space (*** LIMITED TIME *** Li-FT Power Ltd) 
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Stocks | | | Blue chip dividend stocks are stocks issued by financially sound, internationally recognized companies that pay dividends. These dividends may be more consistent and stable when compared to smaller companies, thanks to the financial reputation of the corporation issuing them. You can find dividend... Read the Full Story >> |
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From Our Partners=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>> | | | | Get the name of the stock here |
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Stocks | | | Looking for consumer staples dividend stocks? When investors are uncertain, they often look to consumer staples stocks since these companies sell things we can't go without, such as food, beverages and household products. When inflation is high, investing in consumer staples stocks with di... Read the Full Story >> |
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Markets | | | The name Vimeo Inc. (NASDAQ: VMEO) may sound familiar to many. You may recall social media videos, training videos and music videos with the Vimeo watermark at the bottom of the screen. The company is in the Business Services sector and commanded a stock price as high as $58.00 in May of 2021. Vim... Read the Full Story >> |
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Stocks | | | Inflation gradually loosened its grip on Wall Street and the economy in 2023, raising hopes for a gentler Federal Reserve and solid gains for the market next year.Stocks rallied to their best month of the year in November as investors raised their bets that the Fed is done hiking interest rates to f... Read the Full Story >> |
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Markets | | | The Walt Disney Co. (NYSE: DIS) headquarters may not feel so magical these days, as the company is dealing with activist investors who want change. Nelson Peltz, a well-known activist investor whose Trian Fund Management holds a $2.5 billion stake in Disney, pushed for the dividend to be re... Read the Full Story >> |
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From Our PartnersWith so many strange events happening across the economy (longest bear market for bonds since Civil War... unprecedented bank closures... and soaring prices) – it's no wonder the richest investors are loading up on gold. But what you might not realize is there's a much better way to profit from rising gold prices – without ever touching an ETF, mining stock, or even bullion. | | | | Full details here. |
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Markets | | | Shares have fallen in Europe and Asia, tracking a retreat on Wall Street as investors grow wary over signs growth is slowing in Germany and other major economies. U.S. futures edged lower and oil prices rose.Germany has seen its exports fall as new orders have dropped. On Thursday, the government re... Read the Full Story >> |
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Markets | | | Dave & Buster’s (NASDAQ: PLAY) turnaround struggled in 2023, but this is good news for investors. The struggles are due more to tough comps compared to 2022 than anything else and provide ample opportunity to build positions in a high-quality value play in the discretionary sector. The ... Read the Full Story >> |
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Markets | | | The heads of Wall Street's biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration's proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation Read the Full Story >> |
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Markets | | | Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings.The Federal Trade Commission, which enforces federal antitrust law, has asked for addition... Read the Full Story >> |
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Markets | | | A lawyer for JetBlue Airways said Tuesday that the biggest U.S. airlines are using their size to cement their dominance in a post-pandemic world, making it critical that a federal judge allow JetBlue to buy Spirit Airlines.The lawyer, Ryan Shores, said JetBlue needs Spirit to be a "viable challenger... Read the Full Story >> |
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The Early Bird Stock Of The DayThursday: Stock With Recent Earnings Beat Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino an oral minocycline drug for the treatment of moderate to severe acne; Targadox an oral doxycycline drug for adjunctive therapy for severe acne; Exelderm cream for antifungal intended for topical use; Qbrexza a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Amzeeq; Zilxi; and Accutane c... | | View Today's Stock Pick |
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