Stocks are like pieces of a company that people can buy and sell. Sometimes they go up or down in value depending on how well the company is doing and what's happening in the world. People who buy stocks want to know if they will make money or lose it, so they watch things called inflation data, which tells them how much prices are changing for goods and services.

The article talks about a report that came out showing how much it costs companies to make things (called Producer Price Index or PPI), and how that affects stock prices. The report said that the cost of making things went up less than people thought, which made some stock prices go up too. But not all stock prices went back up to where they were before, because some people are still worried about what a group called the Fed (Federal Reserve) will do with interest rates, which affect how much it costs to borrow money. The article also mentions a company called Alpine Immune Sciences and a website called Benzinga that provides information for traders who buy and sell stocks. Read from source...

1. The headline is misleading and sensationalized, implying that there was a significant bounce back in stocks when the S&P 500 only rebounded partially from the previous day's losses. A more accurate headline would be "S&P 500 Partially Rebounds After Modest Producer Inflation Data: What's Driving Markets Thursday?"

Positive

Key points:
- PPI inflation slightly lower than expected
- S&P 500 rebounded but failed to fully recover Wednesday's losses
- Traders shift expectations for Fed actions, delaying potential rate cut to September with fewer cuts priced by year-end

Summary:
The article reports on the market reaction to the modest producer inflation data and how it affected stocks and gold. The sentiment of the article is positive, as it suggests that investors can breathe a sigh of relief and that stocks bounced back with tech and gold gaining. However, the article also acknowledges some caveats and lingering nervousness regarding the rate-path outlook.

1. Alpine Immune Sciences (ALPN): Buy with a target price of $20 by year-end. ALPN is a clinical-stage biotechnology company focused on developing therapies for cancer, autoimmune diseases, and other inflammatory conditions. The stock has been under pressure due to the broader market volatility, but the recent PPI data suggests that inflation may be easing, which could benefit ALPN's valuation. Additionally, the company announced positive results from a Phase 1b trial of its CD73 inhibitor program in combination with an anti-PD-1 antibody, showing promising efficacy and safety profiles. This could pave the way for further clinical development and partnerships. However, there are also risks to consider, such as potential competition from other immunotherapy companies, regulatory hurdles, and funding challenges.
2. Gold: Buy with a target price of $1,800 by year-end. Gold has been gaining momentum amid the uncertainty surrounding the global economic outlook, especially in light of the recent geopolitical tensions and the ongoing pandemic. The PPI data indicates that inflation may not be as threatening as previously feared, which could weigh on gold's safe-haven appeal. However, there are still reasons to own gold as a diversification tool and a hedge against potential currency devaluation or deflationary risks. Furthermore, the Fed's delay in raising interest rates may also support gold prices by keeping real yields low.
3. Tech: Overweight with a focus on innovative companies that are likely to benefit from long-term trends such as cloud computing, artificial intelligence, 5G, and digital transformation. The tech sector has been leading the market rebound after last week's sell-off, driven by optimism over the economic recovery and the easing of pandemic restrictions. While there may be some near-term volatility due to regulatory scrutiny or valuation concerns, tech stocks offer attractive growth prospects and competitive advantages in their respective markets. Some examples include Nvidia (NVDA), Salesforce (CRM), and Zoom Video Communications (ZM).