Happy Tuesday Zingernation! Alright, I’ve got a new pitch: Keeping Up With The Kardashians but instead of the Kardashians it’s Fed officials. Maybe there’d be a little bit less style and plastic surgery, but there should be just as much drama.

It’s been virtually impossible to decipher where the Fed stands throughout the last couple of weeks, with some members saying the central bank may not be able to cut rates at all this year, while others, like Powell and Bullard, appear to still be married to the idea of three cuts by EOY. Let’s see if their marriage to the three rate cuts lasts longer than the 72 days Kim K was married to former NBA player Kris Humphries.

Plus, don’t miss out on Wall Street veteran Marc Chaikin’s picks using his proprietary system for finding 10x stocks.

And, crypto is so back. Billions of dollars are flowing into the new Bitcoin ETFs, driving prices to near all-time highs. Join thousands of engaged readers of Future Finance - our FREE digital assets newsletter.

MARKET SNAPSHOT

Yesterday: Was a relatively flat and boring day, but at the end of it, most major indices closed in the green. So all things considered, I’ll take that.

On Our Radar: Not a lot planned today in terms of economic data or earnings, but tomorrow will be a huge morning with March’s CPI out before the open. The inflation metric is expected to dip slightly to .3% for March compared to .4% in February.

TOP STORY

March Inflation Data Preview: What Figures Would Boost Odds Of June Interest Rate Cut?

Basically: This week’s market spotlight is squarely fixed on the eagerly awaited Consumer Price Index (CPI) report for March, scheduled for release on Wednesday at 8:30 a.m. EST. Following two consecutive months of higher-than-expected inflation reports, which have tempered market expectations for Federal Reserve rate cuts in 2024, investors are on edge, anxiously awaiting the latest inflation figures.

So: Presently, market-implied probabilities indicate an almost equal likelihood of either a rate cut or a hold in June, with the March inflation data potentially playing a pivotal role in tipping the scales one way or the other.

Why It Matters: Bill Adams, economist at Comerica Bank, foresees “another month of hot inflation,” as gasoline prices rose again and “U.S. crude production leveled off near a record high.”

Is Inflation Back: The CPI index is expected to reveal significant price spikes in certain food items, particularly eggs and chicken, influenced by the avian flu outbreak.

Click here to read more.

PRESENTED BY CHAIKIN ANALYTICS

Wall Street Stockpicker: Buy this A.I. stock NOW

Don't miss out on unprecedented gains with Wall Street veteran Marc Chaikin's revolutionary system for detecting 10X stocks. 

With nearly 50 years of experience, Chaikin's system pinpointed stocks like Novavax (NVAX), BioNTech (BNTX), Blink Charging (BLNK), and RIOT Blockchain (RIOT), generating gains of up to 10,090%. 

Now, Chaikin has set his sights on the A.I. industry, revealing his top pick for 2024 in an exclusive interview. This "under-the-radar" stock, partnered with a major A.I. player is poised for explosive growth. 

Get the name and ticker symbol for free and seize this opportunity now. Click here to access Chaikin's full prediction.

FIVE ZINGERS

BackBerry: Is BlackBerry back? The old smartphone leader traded higher Tuesday morning after announcing a new deal with AMD.

Watch Out Below: NVIDIA has been the darling of the market throughout the last year but MorningStar is saying to watch out below.

The Future Is Here: Robotaxis are already live in cities like Phoenix and San Francisco. Now GM is planning on entering the game.

Bullish Or Bearish: Most traders think that Bitcoin’s halving event will be bullish for Bitcoin. But one analyst is taking the contrarian trade.

Up In Smoke: Tilray and cannabis stocks have been on a tear, but had a major pullback Tuesday morning after Tilray’s earnings report underwhelmed traders.

ONE FOR THE ROAD

Broadcom Positioned For Growth With Meta 'Next Multi-Billion Dollar' AI ASIC Customer: JPMorgan

Briefly: Broadcom Inc has emerged as a key player in the semiconductor industry poised for significant growth, particularly with Meta Platforms Inc, the parent company of Facebook, stepping into the spotlight as its next multi-billion-dollar AI ASIC partner.

Basically: With a focus on cutting-edge technology and strategic partnerships, Broadcom’s trajectory toward expansion and market dominance is becoming increasingly apparent. Analysts are busy reviewing the stock for any direction as to future trajectory.

So: JPMorgan analyst Harlan Sur shed light on Broadcom’s promising trajectory, particularly with Meta emerging as the “next multi-billion dollar per year AI ASIC customer.” With an Overweight rating and a price target of $1,700 by December 2024, Broadcom is poised for substantial gains.

Growth Drivers: Over the past five years, Broadcom has established itself as a leader in custom chip (ASIC) development, particularly in collaboration with tech giants like Google and Meta. These partnerships have driven Broadcom’s AI ASIC revenues to over $9 billion this year, up from $3.5 billion last year.

Click here to read more.

PRESENTED BY CHAIKIN ANALYTICS

Wall Street Stockpicker: Buy this A.I. stock NOW

Don't miss out on unprecedented gains with Wall Street veteran Marc Chaikin's revolutionary system for detecting 10X stocks. 

With nearly 50 years of experience, Chaikin's system pinpointed stocks like Novavax (NVAX), BioNTech (BNTX), Blink Charging (BLNK), and RIOT Blockchain (RIOT), generating gains of up to 10,090%. 

Now, Chaikin has set his sights on the A.I. industry, revealing his top pick for 2024 in an exclusive interview. This "under-the-radar" stock, partnered with a major A.I. player is poised for explosive growth. 

Get the name and ticker symbol for free and seize this opportunity now. Click here to access Chaikin's full prediction.