Good MorningUncertainty gripped the market again on Wednesday causing the major indices to give up early gains. The tech sector led the move. The NASDAQ Composite gave up more than 2.0% at the low of the day and this may just be the beginning. The reason is simple; negotiators on Capitol Hill have yet to indicate consensus on a stimulus deal that has been very slow in coming.
Technically speaking, Wednesday’s price action spells bad news for the bulls. The charts are showing Dark Cloud Covers for all three of the major indices, signals that are echoed by other indicators. Traders and investors should expect to see at least a little more downside if not a full-blown correction. The next major target for support for the NASDAQ Composite is near 12,000 or about 2.75% below Wednesday’s closing price.
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Consumer Staples | |
After hitting an all-time high of $393.15 on November 30th, Costco (NASDAQ:COST) stock went on a five-day losing streak retreating to its 50-day moving average. This is giving investors a chance to buy shares of the warehouse retailer before moves on to another record high. And with the company ge... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Markets | | Drugstore and pharmacy chain Walgreens Boots Alliance, Inc. (NYSE: WBA) stock is still underperforming the benchmark S&P 500 index (NYSEARCA: SPY) as it recovers from the panic sell-off on the Amazon Pharmacy (NASDAQ: AMZN) rollout announcement. The Company has been a major COVID-19 testing prov... Read the Full Story |
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Consumer Discretionary | |
We have witnessed some truly incredible innovations in the automotive industry over the past few decades. From extraordinarily accurate navigation systems to cars powered entirely by electricity, it seems like every year the technology that powers our most common mode of transportation takes a gia... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Consumer Discretionary | | Solid-state lithium battery maker QuantumScape Corporation (NYSE: QS) stock has seen its shares explode recently on the electronic vehicle (EV) mania. The momentum has spilled over to the charging stations, battery makers and even battery material suppliers that power the EVs. QuantumScape went publ... Read the Full Story |
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Consumer Discretionary | | Education Is In High-Demand
The pandemic has changed the way we live. We aren’t getting our food or our recreation the ways we used to. Our shopping habits are different. We work more from home when we can. And we are getting our education in different ways. And this is opening up an opportun... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Markets | | It Is Time To Buy Some More Thor Industries
If you don’t already have some Thor Industries (NYSE:THO) in your dividend-growth/income portfolio it’s time to start picking some up. The coming is riding a wave of demand that is going to drive revenue and profits for the next two years at l... Read the Full Story |
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Consumer Discretionary | | Is there anything that can hold Tesla (NASDAQ: TSLA) stock down right now? Typically when a company raises more money from an additional stock offering, shares see some weakness creep in as their value is diluted, on paper at least. Not so for the company of Mr. Musk, which finished the day up more ... Read the Full Story |
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Technology | | The Analysts Are Leading The Market Higher
The analyst's upgrades keep rolling in and they are leading the market higher. The good news is that results continue to outpace the analyst's consensus estimates which means the upgrades will keep coming in. Among the latest news is warming sentiment in... Read the Full Story |
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Consumer Staples | |
This year, we are witnessing sweeping changes that are driving growth across multiple industries thanks to the global pandemic. This has presented some truly unique investing opportunities as certain companies capitalize on the latest market trends. That includes the pet industry, which is benefit... Read the Full Story |
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Consumer Discretionary | | Outdoor footwear and apparel manufacturer Wolverine World Wide, Inc. (NYSE: WWW) stock has finally regained its February pre-COVID price levels but is still underperforming the benchmark S&P 500 index (NYSEARCA: SPY). This leaves more upside for the shares compared to competitor Deckers Outdoors... Read the Full Story |
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The Early Bird Stock Of The Day Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through six segments: Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related services to various clients through institutional. The Protection Solutions segment provides life insurance products, such as VUL insurance and IUL insurance, term life, and employee benefits business, such as dental, vision, life, as well as short- and long-term disability insurance products to small and medium-sized businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. The Legacy segment consists of the capital intensive fixed-rate GMxB business that includes ROP death benefits. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York. | | View Today's Stock Pick |
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