TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by Over 100% Markets are beset by volatility, with unpredictable swings making recent sessions something of a roller coaster. The main indexes were falling sharply at the end of last week, but Friday’s release of economic data showing strong manufacturing activity provided a boost that pared back the market losses somewhat. The recent earnings season also gave reason for optimism – the S&P listed companies, collectively, reported… Source link
Read More »Yahoo Finance users love Dogecoin: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, May 21, 2021 Retail and crypto are dominating market interest The year isn’t even half over yet, but it’s already been a memorable 2021 for market watchers. The GameStop (GME) and meme stock drama, the latest bull cycle in cryptocurrencies, and Elon Musk tweeting have all created off-the-wall storylines that keep getting refreshed. And… Source link
Read More »The last mania standing: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 20, 2021 The single-family housing market is under pressure. Will it be the next market to crack? Over the course of the last year, we’ve seen a series of market fads come and go. On Wednesday, cryptocurrencies were just the latest buzzy asset class to see a swift reversal in market sentiment (followed by a reversal of that… Source link
Read More »Big money investors suggest the cycle has peaked: Morning Brief
TipRanks Goldman Sachs Predicts Over 50% Rally for These 3 Stocks Take a good look at the headlines, and you’ll be excused for thinking that we’re back in 1979. The late Carter years are remembered as the time of ‘stagflation:’ high inflation, high unemployment, fuel shortages, and a general malaise. So far, we’ve seen fuel shortages and gas station lines across the Southeast, rising commodity and housing prices, and unemployment ticking up even as the number of job openings… Source link
Read More »Earnings up, multiples down: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 18, 2021 The stock market is entering a new phase Investors right now are faced with a simple question: how much? How much do they want to pay for earnings growth that continues to blow away expectations but might also be peaking. Back in early April, my Morning Brief collaborator Sam Ro highlighted the most important chart for… Source link
Read More »A good inflation reading for corporate profits: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 13, 2021 It’s all about demand. Inflation data published Wednesday left markets spooked. Consumer prices rose at the fastest annual pace since 2008 in April, according to the latest data from the BLS, news that sent stocks tumbling with the S&P 500 (^GSPC) falling 2.1% on the day. The simplest read on the market’s reaction to… Source link
Read More »One important thing to remember after April’s jobs report flop: Morning Brief
TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link
Read More »The downside of upside: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, May 7, 2021 Earnings guidance is lacking right now. There are good reasons why. Corporate earnings and the process that goes into forecasting these results is one of our favorite topics here at The Morning Brief. We’ve recently explored why results are topping estimates at a record clip, why strategists keep raising their forecasts, and… Source link
Read More »A dramatically different labor market recovery: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 6, 2021 One year after carnage, the strongest labor market on record. The April jobs report tomorrow morning should be a barnburner. But outside of a big number for job gains last month — consensus estimates are that nonfarm payrolls grew by 995,000 last month, according to the latest data from Bloomberg — we also see a labor market recovery that continues to be an almost… Source link
Read More »The first thing people like Warren Buffett ask when you offer them something: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, May 5, 2021 Any business proposition is worthwhile for the right price In one of the more light-hearted moments of Berkshire Hathaway’s annual shareholders meeting on Saturday, Ajit Jain, vice chairman of Insurance Operations, was asked if he’d be willing to underwrite the insurance to cover Elon Musk’s SpaceX mission to Mars, assuming Musk asked. “This is an easy one,” Jain said…. Source link
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