Good MorningThe trading week got off to a shaky start on Monday when an early gain quickly turned sour. The major indices all began the session with gains but they were given up within the first half-hour of trading. At the low of the day, the S&P 500 was down by about 1.75%.
The reason for Monday’s decline is hope. Hope for another round of stimulus is fading fast leaving investors wondering what will happen now. With election uncertainty in the air and no vaccine for COVID-19 in sight, the only thing to be sure of is volatility.
The rest of the week hinges on earnings. This is the first full week of earnings for the 3rd quarter reporting cycle and the calendar is full with over 80 S&P 500 companies on the list. Names like Coca-Cola, AT&T, Netflix, and Tesla are sure to attract attention and may drive volatility if the results are not enough to satisfy a fragile market.
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Industrials | | Lennox International Rebounds In The 3rd Quarter
Lennox International (NYSE:LII) was not immune to the pandemic. The company saw a 14% decline in YOY revenue last quarter but the bad times are already over. Like so many others, Lennox has proven capable of weathering the storm, and that is well-pos... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Healthcare | | Is There More To The Sorrento Therapeutics Stor
Sorrento Therapeutics (NASDAQ:SRNE) emerged as an early contender in the fight against COVID-19 and fast cementing its position. The company has multiple vaccine and therapy candidate trials in the works and stands to profit from at least one of them.... Read the Full Story |
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Consumer Discretionary | | Chipotle (NYSE: CMG) is set to report its Q3 earnings on Wednesday. Wall Street is expecting comps to grow 7.2%; based on what we know, I think that’s too conservative.
Granted, that alone doesn’t mean to run and buy Chipotle shares as fast as you’d, well, run and buy a Chipotle b... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Consumer Discretionary | |
Whenever a company increases its dividend, it sends a strong message to investors that the company expects to continue growing and staying profitable. It’s especially worth noting when a company is financially stable enough to increase its dividend payouts amidst all of the economic uncertai... Read the Full Story |
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Industrials | | It Pays To Be A Bargain Hunter
Bargain hunting. The act of buying stocks when they’re cheap with the hopes of selling them later at a profit. But what makes a bargain? A stock in a downtrend is certainly less expensive today than it was in the past but that doesn’t make it a buy.
The s... Read the Full Story |
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Industrials | | J.B. Hunt Falls Hard After Mixed Quarter
Shares of J.B. Hunt (NASDAQ:JBHT) made a strong bounce the first two weeks of October. The stock rose 13% in two weeks and came close to setting a new all-time high because of a bullish outlook driven by rising tailwinds. The company just reported for the ca... Read the Full Story |
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Consumer Discretionary | | It’s been a tough six years for Harley Davidson (NYSE: HOG) shareholders; shares currently change hands for less than half of 2014 levels. To add insult to injury, the S&P 500 has nearly doubled over the same period.
The motorcycle manufacturer has struggled because older riders comprise ... Read the Full Story |
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Technology | |
Without a doubt, one of the brightest sectors in the market at this time is alternative energy. Solar and alternative energy stocks have likely been rallying for several reasons. Alternative energy technology is becoming more advanced and less expensive for consumers to purchase. The earnings for ... Read the Full Story |
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Finance | |
The first thing that may come to mind when you think of Progressive (NYSE:PGR) is one of the company's humorous television commercials. But outside the strange brand of humor is a strong brand of insurance that has quietly propelled Progressive's stock price to fresh all-time highs.
The Ohio-base... Read the Full Story |
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Markets | | We Like Walgreens Boots Alliance
Walgreens Boots Alliance (NASDAQ:WBA) has caught the eye of more than one analyst here at MarketBeat, and only for good reasons. I myself wrote about this stock in July, comparing it to CVS (NYSE:CVS) and coming away with the feeling this stock was a great buy for l... Read the Full Story |
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The Early Bird Stock Of The Day Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates underground mines that produce zinc, lead, copper, silver, and gold; a coal mine; and a zinc refinery. The company has interests in 156,818 hectares and 502,688 hectares of concessions in Peru and Mexico; and 168,200 hectares and 28,453 hectares of exploration concessions in Argentina and Chile. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation. | | View Today's Stock Pick |
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