Good MorningThe equities market went on a wild ride on Friday, beginning the day up more than 3.0% only to post losses and then gains later in the day. The volatility was driven by a combination of factors that amount to one thing in the eyes of market technicians; the market is scared and ready to fall on bad news but there are still plenty of buyers ready to scoop up cheap stocks. The adage buy-on-the-dip aptly describes market action at the tail end of the week.
Next week investors will be faced with another round of potentially bad news. Along with a slew of economic reports the first major earnings report of the 2nd quarter cycle is due to be released. Oracle, a blue-chip in the tech world, is expected to post revenue and earnings roughly in-line with the previous. On the economic front, May retail sales, the Home Builders Index, and the Index of Leading Indicators are all sure to move the market. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
|
Markets | |
It’s been easy to overlook eBay (NASDAQ: EBAY) over the past several years as Amazon (NASDAQ: AMZN)has taken over the e-commerce space. It has, at times, been a rocky road for Amazon’s less-glamorous competitor.
But on June 4th, eBay raised its Q2 guidance and added to the all-time hi... Read the Full Story |
|
From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
|
Markets | |
Shares of FuelCell Energy (NASDAQ:FCEL) stock are moving higher yet again. At the opening of trading on June 12, FCEL stock is up over 25%. The catalyst is an earnings report in which the alternative fuel provider beat on both the top and bottom lines. The stock is now making a run at its 52-week ... Read the Full Story |
|
Markets | | This Melt-Up Has Legs
The stock market, despite a widespread and possibly worsening global recession, has been chugging steadily higher for weeks. If you are still wondering why it is because the market is melting up.
In its classic sense, a stock market melt-up is when the market is faced with a ... Read the Full Story |
|
From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
|
Markets | | Restaurant gaming operator Dave and Busters (NASDAQ: PLAY) shares have quadrupled since its pandemic lows of $4.61 in March 2020. With all 137 locations shut down from the stay-in-shelter mandates since Mar. 20th, revenues have been frozen heading into the Q1 2020 earnings release. Due out Jun. 11, ... Read the Full Story |
|
Markets | | Shares of data analytics platform Cloudera (NASDAQ: CLDR) got pummeled after reporting a (not so) surprising Q1 Fiscal Year 2021 earnings beat on June 3rd. The sell-the-news reaction underscores the recent market earnings reaction template. Stocks that rise sharply heading into an earnings release u... Read the Full Story |
|
From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
|
Markets | |
When it comes to finding companies to invest in that provide essential goods and services, you can’t go wrong with consumer staples. These companies produce the kinds of products that people buy on a consistent basis regardless of what the economy is doing. Since the demand for their product... Read the Full Story |
|
Consumer Staples | | Scotts Miracle-Gro Rises After Guidance Update
It was just two weeks ago that analysts at Raymond James gave Scots Miracle-Gro (SMG) a double-downgrade from Strong Buy to Market Perform. According to them, the bull-case inspired by the pandemic was largely played out and the valuation was high. Ana... Read the Full Story |
|
Markets | | Computer peripheral device and accessories maker Logitech International (NASDAQ: LOGI) shares have been scorching to new all-time highs as a beneficiary of the shelter-in-place mandates to curb the spread of COVID-19. This spurred an unprecedented demand surge for computer accessories as consumers u... Read the Full Story |
|
Markets | |
The cruise line market may well be the single hardest-hit market in the whole history of the coronavirus outbreak. With ships full of sick people trying frantically to find docking berths and the idea of actually going on a cruise now about as palatable to some as going on safari wearing a suit ma... Read the Full Story |
|
Markets | |
We know, if only anecdotally, that people watched a great whopping lot of streaming video during the coronavirus pandemic. Still are, in more than a few places where the lockdowns are still pretty close to where they were all through April. But a look at the overall streaming video market suggests... Read the Full Story |
|
The Early Bird Stock Of The Day Evolent Health, Inc., through its subsidiary, Evolent Health LLC, offers specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company provides platform for health plan administration and value-based business infrastructure. It offers administrative services, such as health plan services, pharmacy benefits management, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients. In addition, the company provides holistic total cost of care management. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia. | | View Today's Stock Pick |
|
