🐤 Which of These 3 Beaten Down Stocks Would…

May 29, 2024
by RJ Hamster

GOOD MORNING

The S&P 500 started the week quietly, hugging break-even in Monday’s session, trading in a narrow range. The move is a sign of caution before the next PCE report, due later this week. The PCE is expected to show inflation hovering at recent levels, aligning with the idea that the FOMC will not cut rates this year. In this scenario, the FOMC will likely keep rates at their current level until there is more proof that inflation is tamed. That may not be until late this year or early next.

The S&P 500 is in rally mode and may move higher despite persistently hot inflation. The market may not care about the timing of the first interest rate cut so long as the Fed’s next move is to cut. In this scenario, inflation could run hot indefinitely, and the S&P 500 will move higher because of economic expansion and earnings growth. The risk is that economic growth will stagnate before inflation is tamed, leading to stagflation and an economic winter.

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MARKETS

Which of These 3 Beaten Down Stocks Would You Own?

Some investors are convinced that stocks trade down for a reason, which is not that far off from the belief of the efficient market theory. While this is sometimes true, it’s not always a failsafe methodology. Otherwise, investors like Warren Buffett would be out of a job. Today, it is stoc…

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TECH

The Rate Cut Party is Postponed, Not for These Stocks

Over the past five months, the stock market may have gotten away from itself. The Federal Reserve has kept stock market indexes at historically high levels through its interest rate cuts narrative. However, these potential rate cuts may be later than investors initially thought. There is a solid …

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MARKETS

Energy Sector Dip Presents a Compelling Buying Opportunity

The energy sector has experienced notable activity this year, with a significant rise in crude oil prices, up 13.33% YTD, and firm performance among major energy stocks. Despite a recent pullback, the sector’s current dynamics suggest a favorable risk-reward scenario for investors seeking exposure…

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Biden replacement revealed?

A former CIA insider just announced a disturbing prediction…

Biden will withdraw as the Democrat nominee on June 13.

SEE HIS SHOCKING EVIDENCE IN THIS NEW REPORT

MARKETS

The 4 Horsemen of the Generative AI Revolution

Generative AI is here and in a big way. The rise of generative AI already impacts our daily lives and will only grow as the infrastructure is built, models are trained, and applications are developed. While numerous players in AI are positioned to benefit from the boom, the blue-chip mega-cap play…

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MARKETS

GameStop Will Rocket Higher: The Move Won’t Last

Shares of GameStop (NYSE: GME) are set up to rocket higher again, but the move won’t last because of why it is moving. GameStop announced a share sale that has increased its capital but diluted its value. The sale maxed out the shelf-offering filed only a week before, raising $933 million bu…

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STOCKS

Stock market today: Global shares decline as higher Treasury yields weigh on stocks

Shares retreated Wednesday in Europe and Asia as a rise in bond yields added to pressure on stocks.France’s CAC 40 slipped 0.7% in early trading to 8,001.58, while Germany’s DAX declined 0.4% to 18,596.23. Britain’s FTSE 100 edged nearly 0.2% lower, to 8,240.60. The future for the S&P 500 was do…

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MARKETS

IMF upgrades its forecast for China’s economy, but says reforms are needed to support growth

The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain strong, high-quality growth. The IMF’s report, issued late Tuesday, said the world’s second-largest economy will likely expand at a 5% annual rate this ye…

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MARKETS

Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause

Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation

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MARKETS

Mining giant BHP pledges to invest in South Africa economy as it seeks support for Anglo bid

Australian mining giant BHP Group has pledged to invest in South Africa’s economy as it seeks support for a 38.6 billion pound ($49.3 billion) bid to acquire Anglo American, which was founded in the country more than a century ago and remains one of its biggest employers

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MARKETS

Owner of UK’s Royal Mail says it has accepted a takeover offer from a Czech billionaire

The owner of Britain’s Royal Mail said Wednesday it has accepted a 3.6 billion pound ($4.6 billion) takeover offer from Czech investor Daniel Křetínský.Under the deal, Křetínský’s EP Group would buy International Distribution Services, which owns Royal Mail, for 370 pence ($4.72) per share.Including…

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WEDNESDAY’S EARLY BIRD STOCK OF THE DAY

A Stock With Upcoming Ex-Dividend:Atlantica Sustainable Infrastructure (NASDAQ:AY)

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.

VIEW TODAY’S STOCK PICK

Magnesium Deficiency Is Linked to Metabolic Syndrome–Here’s How to Boost Intake

🗞️ Today’s top 7 featuring: Secret Service prepares for Trump potentially going to jail

RJ Hamster

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🐤 Which of These 3 Beaten Down Stocks Would You Own?

🐤 Which of These 3 Beaten Down Stocks Would…

GOOD MORNING

MARKETS

Which of These 3 Beaten Down Stocks Would You Own?

FROM OUR PARTNERS

Next President (Not Trump. Not Biden.)

TECH

The Rate Cut Party is Postponed, Not for These Stocks

MARKETS

Energy Sector Dip Presents a Compelling Buying Opportunity

FROM OUR PARTNERS

Biden replacement revealed?

MARKETS

The 4 Horsemen of the Generative AI Revolution

MARKETS

GameStop Will Rocket Higher: The Move Won’t Last

FROM OUR PARTNERS

He Is Giving Away Bitcoin

STOCKS

Stock market today: Global shares decline as higher Treasury yields weigh on stocks

MARKETS

IMF upgrades its forecast for China’s economy, but says reforms are needed to support growth

MARKETS

Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause

MARKETS

Mining giant BHP pledges to invest in South Africa economy as it seeks support for Anglo bid

MARKETS

Owner of UK’s Royal Mail says it has accepted a takeover offer from a Czech billionaire

WEDNESDAY’S EARLY BIRD STOCK OF THE DAY

A Stock With Upcoming Ex-Dividend:Atlantica Sustainable Infrastructure (NASDAQ:AY)

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🐤 Which of These 3 Beaten Down Stocks Would You Own?

GOOD MORNING

MARKETS

FROM OUR PARTNERS

TECH

MARKETS

FROM OUR PARTNERS

MARKETS

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FROM OUR PARTNERS

STOCKS

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WEDNESDAY’S EARLY BIRD STOCK OF THE DAY

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