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Inflation falls 0.1% in June from prior month, helping case for lower rates https://www.cnbc.com/2024/07/11/cpi-inflation-report-june-2024.html Jul 11, 2024 - The monthly inflation rate dipped for the first time in more than four years, providing further cover for the Fed to start lowering rates later this year.
MYI: Buy The Discount For Rate-Cut Rally https://seekingalpha.com/article/4703478-myi-cef-buy-discount-for-rate-cut-rally?source=feed_tag_etf_portfolio_strategy Jul 11, 2024 - BlackRock MuniYield Quality Fund III has a deep NAV Discount at 10.18%. Read why it is a good time to buy MYI CEF for income investors.
Bank Of Korea Holds Key Rate; Opens Door For Rate Cut https://www.rttnews.com/3459231/bank-of-korea-holds-key-rate-opens-door-for-rate-cut.aspx?type=alleco Jul 10, 2024 - The Bank of Korea maintained its key interest rate for the twelfth straight session on Thursday but left the door open for interest rate reduction in the near term. The Monetary Policy Board unanimously decided to hold the Base Rate at 3.50 percent. "While maintaining a restrictive monetary policy stance for a sufficient period of time, the Board will examine the timing of a rate cut," the ban
Prologis: One Of The Best Times To Buy https://seekingalpha.com/article/4703439-prologis-one-of-the-best-times-to-buy?source=feed_all_articles Jul 10, 2024 - Prologis is a top choice for income investors with its high dividend yield, strong track record, and focus on e-commerce logistics properties. Read more on PLD.
Time To Get Out Of The Pool Corp https://seekingalpha.com/article/4703422-time-to-get-out-of-the-pool-corp?source=feed_all_articles Jul 10, 2024 - Pool Corp faces rapidly declining revenues and earnings as the COVID surge of at-home leisure fades. Click here to read why POOL stock is a strong sell.
Markets Race Ahead Before CPI Data Thursday https://www.zacks.com/stock/news/2299561/markets-race-ahead-before-cpi-data-thursday?cid=CS-ZC-FT-ahead_of_wall_street-2299561 Jul 10, 2024 - It was the single-best trading day on the Dow since May, while the S&P 500 and Nasdaq posted yet more all-time closing highs.
Bank of America: Time For A Pause Heading Into Q2 (Rating Downgrade) https://seekingalpha.com/article/4703412-bank-of-america-time-for-pause-heading-into-q2-rating-downgrade?source=feed_all_articles Jul 10, 2024 - Bank of America Corporation shares are overbought and trading at multi-year highs, despite potential rate cuts. Learn more on BAC stock here.
U.S. Stocks Rally Ahead Of Close Watched Inflation Data https://www.rttnews.com/story.aspx?Id=3459168 Jul 10, 2024 - Following the lackluster performance seen in the previous session, stocks moved sharply higher over the course of the trading day on Wednesday. With the strong upward move, the S&P 500 closed above 5,600 for the first time ever. The rally on Wall Street was partly due to strength among technology stocks, as reflected by the notable advance by the tech-heavy Nasdaq.
U.S. Stocks See Further Upside, S&P 500 Climbs Above 5,600 For First Time https://www.rttnews.com/story.aspx?Id=3459149 Jul 10, 2024 - After moving mostly higher early in the session, stocks have seen further upside over the course of the trading day on Wednesday. The major averages have all climbed firmly into positive territory, with the S&P 500 breaking above 5,600 for the first time ever.
Arm Holdings (ARM) Hits 52-Week High: What's Next for Investors? https://www.zacks.com/stock/news/2299502/arm-holdings-arm-hits-52-week-high-what-s-next-for-investors?cid=CS-ZC-FT-analyst_blog|most_popular_stocks-2299502 Jul 10, 2024 - Given the recent surge in Arm Holdings (ARM) shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity at this time.

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