Good MorningEquity markets rebounded on Thursday but failed to make up for the post-FOMC plunge the day before. The market gained more than 1.0% for the day, but a turning point may be at hand. Labor data, including the ADP report on hiring and the Challenger report on firing, suggest a significant economic slowdown. Job gains were weaker than expected, and layoffs surged to the 2nd highest level on record as businesses dug deep to find new ways to cut costs.
Today's NFP may tell a different tale. The NFP and ADP do not often track in alignment; the trend in data counts. As it is, the trends suggest some volatility in the labor markets, but conditions are otherwise healthy relative to historical norms. The widely watched initial claims data continues to trend within the 200,000 to 250,000 range associated with labor market strength. The Fed may not be on track to cut rates as soon as the market hoped but the economy is still on track for a soft landing. Featured: It's the hottest options trade ever... (Eagle Publishing) 
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Stocks | | | In the ever-fluctuating stock market landscape, navigating bear markets can be a nerve-wracking experience for even the most seasoned individual investors. When stock prices plunge, and economic clouds gather, it's natural to question whether investing during such turbulent times is wise. But if y... Read the Full Story >> |
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From Our PartnersGold research firm says we could see much higher gold in 2024. "We'll show you the best possible way to play the current surge in gold for just $5." | | | | More here. |
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Stocks | | | The BP plc (NYSE: BP) chart shows a stock setting up in a healthy base formation that often precedes a new rally. The stock could be an undervalued gem, and already has some things going for it: The BP dividend yield is 4.2%, higher than energy stocks as a group. The company has increased i... Read the Full Story >> |
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Stocks | | | Dividend growth stocks are attractive for many reasons, including their payments, increasing yield on capital, and insulation from market volatility, but there is a catch. These buy-and-hold names span all sectors but often come with higher-than-average valuations and lower-than-average yields, so... Read the Full Story >> |
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From Our PartnersSince 2018, Eric Wade's investment recommendations have averaged 115%. But one investment he just discovered in Phoenix could blow them all away. It involves Elon Musk, Bill Gates, 32 government mandates, and an AI breakthrough... Not to mention a technology that could help you earn $30,000 a year outside the stock market. | | | | See for yourself! |
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Markets | | | Solar stocks struggled in 2023 and early 2024 due to sluggish demand and a deteriorating outlook for growth, but Nextracker Inc. (NASDAQ: NXT) is not your run-of-the-mill solar stock. While most focus on solar panels, inverters, storage and power generation, Nextracker focuse... Read the Full Story >> |
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Stocks | | | Global shares were mostly higher on Friday, helped by optimism about technology shares. But Shanghai's benchmark saw wild swings on worries over the economic outlook and other risks. The Shanghai Composite index ended 1.5% lower at 2,730.15, capping its worst week of losses in five years. Hong Kong'... Read the Full Story >> |
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From Our PartnersA former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now. | | | | Get The Rest Of The Details Here |
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Markets | | | Exxon Mobil's fourth-quarter revenue and profits declined along with the price of oil, and the energy giant was weighed down by a hefty impairment charge tied to regulatory issues in California. Still, it posted a healthy adjusted profit and the company raised its quarterly dividend.Shares rose 2% b... Read the Full Story >> |
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Markets | | | Markets in China sank Friday despite a fresh flurry of measures to help prop up the ailing property sector, as the International Monetary Fund forecast that the Chinese economy will continue to slow in coming years. The report by the IMF forecast that the economy would expand at a 4.6% annual pace t... Read the Full Story >> |
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Markets | | | Meta Platforms Inc_ tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the "year of efficiency." Read the Full Story >> |
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Markets | | | Few saw this coming.A year ago, most economists envisioned a bleak 2023 for the United States. The economy, they warned, seemed sure to falter, probably sinking into a recession, with employers adding barely 100,000 jobs a month on average, enough to keep up with population growth but not much more.... Read the Full Story >> |
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Markets | | | Tractor Supply Company (NASDAQ: TSCO) can plow new heights in 2024, but it may be a tough slog for share prices and shareholders. While the fundamental picture is solid and the outlook for capital returns robust, the headline results may weigh on the price action. The company issued a te... Read the Full Story >> |
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The Early Bird Stock Of The DayFriday: Stock With Insider Buying The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weat... | | View Today's Stock Pick |
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