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inflation: Archive

Mark Vickery

Fed Keeps Rates Steady, Infers 3 Rate Cuts in 2024

In just 10 minutes following the release of the FOMC statement this afternoon, major indices all leapt higher.

ADBENegative Net Change QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

PPI Flat Month Over Month, +2.0% Year Over Year

Year over year PPI has come down precipitously, from +9.6% in April of 2022 and +5.7% in January of this year.

QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Sanghamitra Saha

4 Sector ETFs to Win Despite Slowing November Inflation Data

The annual inflation rate in the United States slowed to 3.1% in November 2023, the lowest reading in five months.

VNQPositive Net Change XTNNegative Net Change IHINegative Net Change EATZPositive Net Change

Mark Vickery

What's the Fed Going to Say About All This Bullishness?

Fed Chair Powell might make quick work of the notion of early 2024 rate cuts in a mere phrase or two.

BANegative Net Change JPMPositive Net Change VNegative Net Change IBMPositive Net Change XOMPositive Net Change ORCLNegative Net Change ADBENegative Net Change

Mark Vickery

November CPI Roughly In-Line, Pre-Markets Cool

The "Inflation Rate" was directly in-line with estimates for November: 3.1%, down 10 bps month over month, and the one shining beacon of evidence for the narrative that inflation is coming down.

QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Bryan Hayes

Market Rally Grows Legs as Breadth Improves: Stocks to Watch

The rebound points to a higher probability that the major indexes will ultimately eclipse their all-time highs sooner rather than later.

TOLPositive Net Change LENNegative Net Change

Mark Vickery

Markets Trade Up Ahead of CPI, Fed Meeting

CPI numbers tomorrow are not expected to spike hotter; even if they do, one set of data points would almost assuredly not be enough for the Fed to consider making a move.

MNegative Net Change ORCLNegative Net Change CASYPositive Net Change

Mark Vickery

BLS Shows 199K New Jobs; Unemployment Down to 3.7%

This 199K figure is roughly in the median of the past several months, which had been roughly double during the Great Reopening period.

ADPNegative Net Change QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

ADP 103K, Productivity +5.2%: Goldilocks-Adjacent

At roughly 100K private-sector job gains per month, we're still on track for a soft landing in the overall economy.

ADPNegative Net Change QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Bryan Hayes

Stocks Waver to Begin December: Here's What to Expect

Periods of low volatility are inevitably followed by periods of high volatility.

RCLPositive Net Change SPOTPositive Net Change COINNegative Net Change

Mark Vickery

Friday Pre-Market Quiets, Indices Slightly Lower

The past month of trading has been extraordinary, with the S&P +7.4%, both the Dow and Russell +7.9% and the Nasdaq +8.1%.

CRMNegative Net Change QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Big Inflation Data Morning: PCE, Income & Spending, Jobless Claims

PCE is behaving as well as can be expected, spending and income remain reasonably OK, but longer-term joblessness appears to be a developing economic headwind.

QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Bryan Hayes

Mining Stocks Shine as Gold Nears All-Time High

A falling dollar now presents a major tailwind for gold prices.

AGIPositive Net Change

Shaun Pruitt

3 Intriguing Internet-Software Stocks to Buy as Earnings Approach

Currently in the top 13% of over 250 Zacks industries, these Zacks Internet-Software Industry stocks are expected to post stellar quarterly growth as easing inflation continues to bode well for the broader technology sector.

WDAYNegative Net Change SNOWNegative Net Change CRWDPositive Net Change

Sanghamitra Saha

"Worst of U.S. Inflation Over"? ETF Areas Likely to Gain

Core inflation for the month of October marked its slowest pace in over two years. Several retailers are also of the view that the worst of inflation is over.

WMTPositive Net Change HDNegative Net Change IBBPositive Net Change XLFNegative Net Change XLKNegative Net Change XLYNegative Net Change DVYEPositive Net Change

Mark Vickery

Housing Data Stronger for October; Pre-Markets Mixed

Housing Starts for October grew +1.9% to 1.372 million -- the highest print in three months.

QQQNegative Net Change SPYNegative Net Change DIANegative Net Change

Andrew Rocco

5 Signals Point to a Sustained Bull Market

Stock Strategist Andrew Rocco breaks down 5 signals that point to a sustained bull market.

BACNegative Net Change QQQNegative Net Change SPYNegative Net Change IWMNegative Net Change

Sanghamitra Saha

4 Sector ETFs to Win from 2-Year Slow October Inflation Data

The Consumer Price Index showed prices rose 0% over last month and 3.2% over the prior year in October, a deceleration from September's 0.4% monthly increase and 3.7% annual gain in prices.

RESIPositive Net Change XTNNegative Net Change IHINegative Net Change EATZPositive Net Change

Shaun Pruitt

Time to Buy into Nvidia's (NVDA) Recent Rally as Earnings Approach?

Nvidia's stock has popped +21% this month with the chip leader scheduled to report its third-quarter results next Tuesday, November 21.

NVDANegative Net Change INTCNegative Net Change AMDNegative Net Change DELLPositive Net Change

Mark Vickery

Markets Stay Flat Ahead of CPI Tuesday Morning

The good news for Boeing came this morning, when it was announced the aerospace giant is selling 125 777X wide-body jets to Emirates Airlines.

BANegative Net Change MNegative Net Change TGTNegative Net Change TJXNegative Net Change WMTPositive Net Change HDNegative Net Change

Mark Vickery

Pre-Markets Lower After Strong Trading Week

At this hour this morning, the Dow is giving back -65 points, the S&P -156 and the Nasdaq -60 points.

TGTNegative Net Change WMTPositive Net Change HDNegative Net Change TSNPositive Net Change

Sanghamitra Saha

Inflation ETF (CPII) Hits a 52-Week High

U.S. inflation-beating ETF CPII hit a 52-week high lately. Can it soar higher?

CPIINegative Net Change

Mark Vickery

Pre-Markets Higher After Winning Streaks Break

If Fed Chair Powell's raison d'etre was to dampen market activity, he was only partially successful.

MGMNo Net Change TPRNegative Net Change

Sanghamitra Saha

ETFs to Play Amid Stagflation

The U.S. economy has been experiencing sticky inflation, higher rates and slower growth, meaning a stagflationary scenario.

IVOLPositive Net Change FCPIPositive Net Change INFLPositive Net Change PPIPositive Net Change

Mark Vickery

Can Markets Keep the Winning Streak Intact?

Uber missed on headline although business was good, D.R. Horton beat and raised, and the U.S. trade deficit got slimmer.

GILDPositive Net Change EBAYNegative Net Change DISNegative Net Change ARMNegative Net Change WBDNegative Net Change DHINegative Net Change UBERNegative Net Change