Good MorningEquity markets are poised to hit new highs, provided the CPI report meets expectations. The report is expected to show economic activity sustaining consumer-level inflation at a 2.5% pace, which is bad news for interest rates but good news for corporate earnings. At 2.5%, inflation is well below the highs set in 2022 but still above the Fed's target rate, which means it can relax its policy, but only so far. In this environment, inflation is just as likely to heat up as cool, and the regulatory outlook may lead to economic acceleration and upward pressure on prices in 2025.
If the S&P 500 sustains a move above 6,100, the next target is 7,400, which may be reached by the end of 2025. The driver will be earnings and outperformance, with tailwinds forming in the back half of the year. Earnings will fuel capital returns and capital return growth, including dividends and share buybacks, which will reach record levels. Featured: The 20 Year Bull Market Is Here - And This Tiny Company Holds the Keys (i2i Marketing Group, LLC) |
Markets | | When stocks move exponentially, there are typically two major forces at play behind the move. One of them is momentum, but that can only be made possible through enough volume pressure to get the stock to move in the first place. This is why, today, spotting unusual trading volume on specific name... Read the Full Story |
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Stocks | | U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates.The S&P 500 was nearly unchanged and edged up by less than 0.1%, coming off its first loss since a big rally eru... Read the Full Story |
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Markets | | Shares rose in European trading after a retreat in Asia on Thursday following a report showing inflation in the U.S. was roughly as expected last month. Germany's DAX surged 1.2% to 19,223.90 and the CAC 40 in Paris advanced 0.8% to 7,274.79. Britain's FTSE 100 edged 0.1% higher, to 8,042.07. The fu... Read the Full Story |
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Markets | | Not all companies entered 2024 riding high. Normalization from the 2021 post-COVID boom has still been a common stay for many companies in the computer and technology and consumer discretionary sectors. Overproduction to avoid any future supply chain bottlenecks resulted in an inventory surplus th... Read the Full Story |
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Markets | | Rocket Lab USA Inc. (NASDAQ: RKLB) stock is up more than 40% the day after reporting a record number of launches for its Electron rockets in the prior quarter. The Electron rocket provides launch services that allows commercial and government customers to deploy satellites and other payloads into ... Read the Full Story |
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Markets | | SoundHound AI (NASDAQ: SOUN) will advance by triple digits in 2025 because it is the leading play on conversational AI. The company is well-positioned in a world where AI is rapidly advancing and AI-enabled services are expected to dominate, providing a suite of services and apps that connect bran... Read the Full Story |
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Stocks | | Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking out inflation. But his proposed economic ... Read the Full Story |
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Markets | | A Federal Reserve official gave a lengthy defense of the central bank's political independence Thursday, just days after former President Donald Trump, an outspoken Fed critic, won re-election. “It has been widely recognized — and is a finding of economic research — that central bank independence is... Read the Full Story |
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Markets | | Neurogene (NASDAQ: NGNE) stock just took a sharp dive, plummeting 44% in a single day. Bad news on Monday caused the pharmaceutical company’s shares to drop massively in after-hours trading, and they continued to slide through Tuesday. So, what was it that sent shares of Neurogene, a stoc... Read the Full Story |
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Markets | | British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth Read the Full Story |
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Thursday's Early Bird Stock Of The DaySony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, ma... | View Today's Stock Pick |
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