Good MorningThe market is gearing up for the worst. Friday’s action had the major indices down more than 2.0% at the lows as traders and investors prepare for next week’s election. The S&P 500 closed at its lowest level in over a month and is in danger of confirming a double-top reversal. If the index falls only a little more it will set a three-month low and put it in position for a full-blown correction. The worst-case scenario has the index down nearly 30% at the 2,600 level.
The good news for investors is that this volatility will be nothing more than a blip on the radar in no time at all. The U.S. economy is still in the middle of a bull market that has many years left to run. We recommend investors ignore the headlines and stick to their investment strategies and prepare for the next major buying opportunity. It will come sooner than you think.
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Technology | |
During the first half of the year, essentially every company that offers cloud-based software was rallying as the pandemic quickly transformed the way that most of the world handles business. While the trend of businesses moving to the cloud is here to stay, some of these hot software names receiv... Read the Full Story |
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From Our Partners | | Gold trades near record highs while silver just topped $81 an ounce for the first time ever.
Thousands of Americans use Gold IRAs to diversify retirement savings amid rising national debt. The free 2026 Beginner's Guide to Gold IRAs covers top advantages, penalty free 401k rollovers, and simple steps to get started. | | Download the free Beginner's Guide to Gold IRAs now |
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Industrials | | ADP Rises On Labor Market Strength
I have long been a fan of labor market stocks and the pandemic has done nothing to change that,. While employment down is from its peak the market is still quite strong relatively speaking. Not only has the post-shut-down rebound in hiring been strong, but intenti... Read the Full Story |
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Markets | | Juniper Networks Isn’t Exciting But It Is A Steady Dividend Payer
Juniper Networks (NYSE:JNPR) isn’t an exciting company compared to say an Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), or even Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD). It’s a maker of networking equipment, router... Read the Full Story |
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Industrials | | There’s Nothing Not To Like About Simpson Manufacturing
Simpson Manufacturing Co, Inc (NYSE:SSD) just reported a stellar quarter and updated its guidance, and yet shares are down nearly 4.0% on the news. The move raises questions about the company’s health but upon a deeper look, I can ... Read the Full Story |
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Consumer Staples | | Grocery store operator Weis Markets, Inc. (NYSE: WMK) shares have been chopping in range for the past few months, but still trading above its pre-pandemic February 2020 highs and outperforming the benchmark S&P 500 index (NYSEARCA: SPY). The Mid-Atlantic operator of 197 stores has been executing... Read the Full Story |
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From Our Partners | | On Christmas Eve 2024, ISO New England issued an urgent plea after regional power plants failed, sending energy prices from $130.79 to over $2,000 per megawatt-hour during a bitter storm.
The grid held, barely. But rising demand from AI infrastructure and global conflicts has pushed New England's energy system closer to the edge than ever before.
See the full breakdown of what could happen next and how to prepare. | | Watch the video exposé on America's growing energy crisis now |
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Consumer Staples | | The Simply Good Food Company Is A Small-Cap Growth Opportunity
The Simply Good Food Company (NASDAQ:SMPL) reported a fantastic 4th quarter and full-year 2020 with one caveat. The results are driven more by acquisition than core strength but that may not matter. With earnings and revenue projected t... Read the Full Story |
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Consumer Discretionary | | It’s Still Time To Buy Flexsteel
I last wrote about Flexsteel Industries, Inc (NASDAQ:FLXS) way back in August when the company reported 4th quarter results. The results weren’t awesome when compared on a YOY basis but those comparisons belied the underlying story. Flexsteel spent the p... Read the Full Story |
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Consumer Discretionary | | Texas Roadhouse (NASDAQ: TXRH) is set to report its Q3 earnings tomorrow. Shares of the restaurant chain actually set all-time highs last Thursday, though they’ve dipped more than 6% over the past two sessions.
The past two sessions notwithstanding, Texas Roadhouse has significantly outperfor... Read the Full Story |
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Consumer Discretionary | | PetMed Express, At The Nexus Of Three Trends
PetMed Express (NASDAQ:PETS), like its larger competitor Chewy, Inc (NYSE:CHWY), is well-positioned for the pandemic. As a 100% eCommerce play on pet care it is riding not one but three waves of growth; petcare with a mid-single-digit projected CAGR, eCo... Read the Full Story |
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Consumer Discretionary | | Hasbro Moves Lower After Market-Beating Report
Shares of Hasbro (NASDAQ:HAS) began to move higher on Friday after its competitor Mattel (NASDAQ:MAT) surprised the market. According to Mattel, there is strong COVID-inspired demand for toys and at-home entertainmentthat should carry through the holid... Read the Full Story |
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The Early Bird Stock Of The Day Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors. In addition, its private equity business offers industrial, infrastructure, and business services sectors; and real estate business, which includes housing, logistics, hospitality, science and innovation, office, and retail sectors. Further, it provides credit business; and insurance solution in the reinsurance, annuities, operating platform, and investment solutions sectors. Brookfield Asset Management Ltd. was incorporated in 2022 and is headquartered in Toronto, Canada. | | View Today's Stock Pick |
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