Good MorningWall Street got what it wanted from the Fed. The FOMC held rates unchanged and indicated an easy money policy would remain in effect for an extended period. Within the statement, Fed officials say that economic activity is well below pre-COVID levels but employment has picked up in recent weeks. The outlook is promising but depends solely on the course of the COVID-19 pandemic and timing of any treatments or vaccines.
The statement release sparked some intraday volatility but nothing major for investors to worry about. The S&P 500, up about 1.0% going into the release, was able to maintain that level despite a few ticks of volatility immediately after. By the end of the day, the S&P 500 was closing near the highs of the session, and confirming the market melt-up is still in-progress with attention focused on earnings. /Speaking of earnings, the 2nd quarter season hits full boil after the bell with reports from four of the five FAANG stocks.
Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Markets | | Sometimes with stocks, you’re better off not asking too many questions and just trusting your gut. From January 2017 to January 2018, shares of Paypal (NASDAQ: PYPL) ran up 120%. Since March of this year, they’re up about the same. For a $200 billion company, they sure know how to move a... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Markets | | With a seven-year trading range of $200 to $400 and every price in between, shares of Massachusetts based Biogen (NASDAQ: BIIB) know exactly what it’s like to be a biotech company where your future depends on your next drug.
Shares are currently bobbing along in the middle of that range after... Read the Full Story |
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Markets | | A Fundamental Piece Of Technology Infrastructure
Juniper Networks (NYSE: JNPR) has been a favorite of mine over the last year for several reasons. Regarding its business, it is a maker of all-things networking-related and therefore fundamental to technology infrastructure. Technology, digital techn... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
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Markets | |
With the spot price of gold reaching new all-time highs of over $1,900 per ounce, it’s safe to say that the gold and precious metals market is heating up. Traditionally, gold is considered as a safe-haven asset or a hedge against the U.S. dollar, low-interest rates, and inflation. This could... Read the Full Story |
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Markets | | Fasteners Are In High Demand
Simpson Manufacturing Company (NYSE: SSD), like its competitor Fastenal (NASDAQ: FAST), is emerging as a sleeper-win in the post-pandemic age. The pandemic has people staying home, staying home has people fixing up their homes, fixing up homes means trips to Home Depot ... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Markets | |
McDonald’s (NYSE: MCD) appears to be a solid buy as the iconic fast-food chain prepares to report revenue on July 28. The company’s earnings are expected to reflect how deeply the Covid-19 pandemic affected every part of our economy.
According to FactSet, McDonald’s is expected ... Read the Full Story |
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Consumer Discretionary | |
Boyd Gaming (NYSE: BYD) will report earnings on July 28. The numbers are likely to be dreadful as the company will report on business activity from April 1 through June 30. During this time, the Covid-19 pandemic forced the closing of all of Boyd’s 29 properties.
How bad do analysts expect ... Read the Full Story |
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Markets | | An IPO Many Missed
Albertsons Companies (NYSE: ACI) is not a new name for investors, far from it. The company, as an investment opportunity, has been around for quite some time but its shares made their public debut just a month or so ago. Previously held by a consortium of private investors, the ... Read the Full Story |
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Markets | | High-Yield Not Likely To Lag Much Longer
When the COVID-19 pandemic began one of the very first things I started to do was highlight the asset classes, sectors, industries, and companies investors should turn to in times of trouble. Among them were and are the high-yielding stocks including REITs, ... Read the Full Story |
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Markets | |
The COVID-19 pandemic has had a profound impact on most U.S. industries. Retailers have been hit especially hard as housebound and cautious consumers have kept store traffic to a minimum.
Yet while many retail businesses have struggled, others have thrived. Some have largely benefitted from near-... Read the Full Story |
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The Early Bird Stock Of The Day Casey's General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. The company was founded by Donald F. Lamberti in 1968 and is headquartered in Ankeny, IA. | | View Today's Stock Pick |
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