Good MorningEquity markets retreated early in the day after a hotter-than-expected CPI report. The report showed that consumer-level inflation is not tamed, reducing the odds of FOMC rate cuts this year. Compared to last year, CPI accelerated at the headline and core levels, which may lead the FOMC back into policy tightening if it doesn't slow soon. However, equities regained footing quickly and moved off the lows to close near the session highs. The S&P 500 is treading near record highs and may soon move to a new high.
Retail sales data is the market-moving news expected for Thursday. Retail sales are expected to contract incrementally compared to last year but remain relatively stable and sufficient to sustain economic activity. A weak report will renew fears of a recession and could lead the market into a deeper sell-off. Featured: The last time this happened a lucky trader made a rare 1,150% (Wealthpin Pro) |
Tech | | | Micron’s (NASDAQ: MU) share price is wallowing at long-term lows and is deeply undervalued. It is undervalued because of its industry placement, growth outlook, and stock price, a measly 14x earnings. The growth outlook is robust, and the P/E will fall to only 8x next year, suggesting a mini... Read the Full Story |
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Markets | | | Shopify’s (NYSE: SHOP) stock price fell following its Q4 2024 release and 2025 guidance because the guidance, robust as it is, is nothing more than the market expected. It provided no catalyst for an immediate rally and a good time to take profits, given the stock was up 140% from its lows s... Read the Full Story |
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Markets | | | The digital world is rapidly expanding, driving advancements in cloud computing and artificial intelligence (AI). The rapid growth of data centers has resulted in a surging demand for energy, a crucial resource for their operations. The increasing demands of expanding global networks and internetw... Read the Full Story |
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From Our PartnersI thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was.
Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. | | | | Here’s the full story for you. |
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Markets | | | President Trump put a 30-day pause on levying 25% tariffs on Canada and Mexico but proceeded to levy an additional 10% tariff on Chinese imports. Trump has also acknowledged that he would be levying tariffs on European imports in time. The repercussions of tariffs have been a hotly debated topic. ... Read the Full Story |
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Markets | | | St. Valentine chocolates always seek to show how deep your love is. This year, it might just also show how deep your pockets are.With the price of cocoa beans setting unprecedented records on the commodities market, it will certainly turn the gift of love into a bigger financial commitment than it o... Read the Full Story |
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From Our PartnersAs we step into 2025, artificial intelligence (AI) continues to revolutionize industries with groundbreaking advancements. From the surge in generative AI technologies transforming creative processes to AI-driven automation enhancing operational efficiencies, the landscape is brimming with innovation. These rapid developments are creating lucrative opportunities for investors who recognize the potential of emerging AI companies. | | | | 👉 Click here to access your FREE report now! |
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Markets | | | The British economy managed to eke out a quarterly growth of 0.1% in the final quarter of 2024 following a stronger than anticipated performance in December.The Office for National Statistics said Thursday that the 0.4% expansion in December was a result of a broad-based expansion, with pubs doing p... Read the Full Story |
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Markets | | | Global shares mostly rose Thursday after U.S. President Donald Trump agreed with Russian leader Vladimir Putin to start talks about ending the war in Ukraine.France's CAC 40 added 1.0% in early trading to 8,122.96, while Germany's DAX jumped 1.2% to 22,418.16. Britain's FTSE 100 declined 0.8% to 22,... Read the Full Story |
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Tech | | | The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the latest U.S. government agency to have its work halted by the Trump administration.Conservatives have ... Read the Full Story |
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Markets | | | Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions. “People can be confident that we’ll continue to keep our heads down, do our work, and make our decisions based on what’s happening... Read the Full Story |
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Markets | | | The January CPI report was hot, much hotter than expected, and raised the risk of FOMC tightness. Not just higher-for-longer near current levels but a reduced chance for even a single 25 basis rate cut in 2025 and a growing possibility hike will be back on the table. This increases the odds o... Read the Full Story |
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Thursday's Early Bird Stock Of The DayThe Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco. | Should I Buy Invesco S&P 500 Momentum ETF Stock? SPMO Bull and Bear Case 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 Invesco S&P 500 Momentum ETF was last updated on Thursday, February 13, 2025 at 1:06 AM. Invesco S&P 500 Momentum ETF Bull Case The fund recently hit a 52-week high, indicating strong performance and positive momentum in the market. SPMO has increased by 48.5% from its 52-week low price of $66.52/share, showcasing significant growth potential. It focuses on 100 S&P 500 components with the strongest volatility-adjusted momentum, which can lead to higher returns in bullish market conditions. As an exchange-traded fund, SPMO offers liquidity and flexibility, allowing investors to buy and sell shares throughout the trading day. Managed by Invesco, a reputable investment management firm, which adds a layer of trust and expertise in fund management. Invesco S&P 500 Momentum ETF Bear Case Momentum investing can be risky, as it relies on the continuation of trends, which may not always persist. Market volatility can negatively impact the performance of momentum-based strategies, leading to potential losses. Concentration in a limited number of stocks may increase risk, as poor performance from a few holdings can significantly affect the fund. Investors may face higher fees compared to traditional index funds, which can eat into returns over time. Recent market corrections could lead to a reversal in momentum, impacting the fund's performance negatively. | | View Today's Stock Pick |
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