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Today’s stock market was sent south with the inflation data from the Bureau of Labor Statistics (BLS) and its Consumer Price Index (CPI). The increase in monthly and annual data sent fears flying over inflation, and stocks were sold off again. And even as the University of Michigan Consumer Sentiment data was lower, it was …
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We’ve been talking a lot lately about the energy markets… And for good reason. Crude oil futures are up 60% so far this year, and natural gas futures are up a whopping 134%. While I’m not happy about this as a consumer, it’s been great for traders like us looking to ride the wave of …
The post Are Solar Stocks Ready to Shine Again? appeared first on Stock Surge Daily.
In his 1986 Berkshire Hathaway Chairman’s Letter, Warren Buffett famously talked about fear and greed as “two super-contagious diseases.” He explained, “The timing of these epidemics will be unpredictable. And the market aberrations produced by them will be equally unpredictable… Therefore, we never try to anticipate the arrival or departure of either disease.” Instead, Buffett …
The post Where Warren Buffett is Finding Great Values in This Market appeared first on Stock Surge Daily.
Surprise, surprise… Another down week for stocks. As I pointed out last week, the trend is unquestionably bearish. The markets continue to see sellers in control with high volume on the downside. As I write this update, the S&P 500 is trading within 2% of its 52-week low… Not a good sign for bulls. Inflation …
The post Watchlist Update: No Big Surprises for Stocks appeared first on Stock Surge Daily.
The stock market is having another big risk-off trading day… This follows the prior day’s enthusiasm stemming from the series of excellent economic data and news, particularly for consumer spending and retail sales. But even today, there are trades setting up for stocks that are bargains now with underpinnings of future positive business successes. Specifically, …
The post Go Small for Bigger Gains appeared first on Josh Daily Direction.
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
Watchlist Update: Stocks Break Down as CPI Heats Up
The market fell apart last week, with the Nasdaq 100 and S&P 500 each tumbling roughly 5%. This was the worst week for stocks since January. The catalyst? Inflation. Consumer Price Index (CPI) numbers showed another record level for inflation on Friday. The hope was that inflation had peaked and the May numbers would show …
The post Watchlist Update: Stocks Break Down as CPI Heats Up appeared first on Stock Surge Daily.