Good MorningThe S&P 500 advanced for another day to set another new all-time high. The move follows an FOMC policy meeting in which the Fed reaffirmed its outlook for three interest rate cuts this year. The market interpreted the news as an all-clear for stocks, opening the door to another double-digit gain in equities. The risk is that the market is becoming extended and set up for a correction; the higher it gets now, the deeper it will fall when the correction comes.
The next trigger for a stock market correction is the FOMC meeting in May. That meeting should include statements about how a rate cut will come within the next two meetings. The risk is that inflation and economic data remain solid and will prevent the Fed from cutting rates as planned. In this scenario, the Fed may not cut rates in 2023, undercutting the outlook for economic and S&P 500 earnings growth acceleration. Featured: HUGE BUY ALERT: Move Fast, Musk… (Stansberry Research) 
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Stocks | | | The Wall Street debut of Donald Trump's Truth Social network could give him stock worth billions of dollars on paper. But the former president probably will not be able to cash it out right away, unless some things change.The longer-term outlook for the business is highly questionable. Trump's compa... Read the Full Story >> |
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From Our PartnersOne of the world's great stock experts is doing something crazy. He outed the details of an obscure AI stock that trades under a hidden name. | | | | See the Leaked Footage Here |
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Markets | | | Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process.Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump's media business in a Friday vote. That means Trump Media ... Read the Full Story >> |
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Markets | | | With Nike Inc (NYSE: NKE) shares having been trading remarkably softer, compared to the broader equity market, in recent weeks, they needed to deliver a strong earnings report last night. At first glance, it looked like they managed to do just that. The athletic apparel ... Read the Full Story >> |
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Stocks | | | U.S. stocks closed their best of the year so far with a quiet finish on Friday, remaining near their records. The S&P 500 slipped 7.35 points, or 0.1%, from its all-time high to close at 5,234.18. The Dow Jones Industrial Average fell 305.47, or 0.8%, to 39,475.90, and the Nasdaq composite rose ... Read the Full Story >> |
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Markets | | | In the wake of the tumultuous COVID-19 pandemic, PayPal (NASDAQ: PYPL) emerged as a standout performer, riding the wave of digital transformation in payments. As 2020 unfolded, PayPal not only weathered the storm but thrived amidst the chaos, experiencing a surge in various key metrics. Total paym... Read the Full Story >> |
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From Our PartnersHere's a novel concept: Turn your phone from a cost to an income source. Intriguing idea, isn't it? That's why we're watching the launch of Mode's Pre-IPO Offering. It's the latest in a series of impressive raises among smartphone innovators, likely spurred by Apple's recent $3T valuation. Mode saw 32,481% revenue growth from 2019 to 2022, a leap that ranked them #1 in software, on Deloitte's 500 fastest-growing companies list. "EarnPhone," a budget smartphone, has helped consumers earn & save $250M+ for activities like listening to music, playing games, and... even charging their devices. Round Closing Soon! | | 🚨 Claim your exclusive share bonus by investing in Mode today. Join 20,000+ investors & get up to 160% bonus shares today. |
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Markets | | | Last night, the athleisure giant Lululemon Athletica Inc. (NASDAQ: LULU) reported its Q4 earnings in what was a highly anticipated release. While its stock has traded relatively softly this year so far, compared to the broader market, which has been setting seemingly non-s... Read the Full Story >> |
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Markets | | | Darden Restaurants (NYSE: DRI) operational quality drove solid business in Q3, setting the stock up to continue its uptrend. Today's opportunity is that results were largely aligned with expectations and provided no catalyst for the market. The result is a downward movement within an up-trending c... Read the Full Story >> |
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Markets | | | Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection Read the Full Story >> |
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Markets | | | KB Home (NYSE: KBH) is a significant player in the U.S. residential construction industry and part of the broader real estate sector. The company mainly caters to first-time and move-up homebuyers. With a history spanning over six decades, the company prioritizes personalized home customization an... Read the Full Story >> |
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Markets | | | State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state The Illinois-based company, California's largest insurer, cited soaring costs, ... Read the Full Story >> |
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