Good MorningWednesday’s trading brought another day of disappointment to the market. Traders betting on an extension of Tuesday’s sell-off did not make money on Wednesday. The S&P 500, supported by a rapidly improving outlook for 2020 and 2021 earnings, advanced nearly 1.50%. The move extends the market rebound to a new high and brings the broad market index within only a few points of setting a new all-time high.
On the economic front, a surprisingly bullish read on consumer-level inflation reveals the recovery it still accelerating. The July read of the Consumer Price Index increased by 0.6% versus the 0.4% expected. The reading shows that not only is demand for goods still present but it is accelerating. With this data in the picture, the S&P 500 is sure to set a new all-time high very soon.
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Investors have long relied on energy stocks to provide relatively stable earnings and frequent dividend payouts. However, since profitability in the sector is often tied to the price of crude oil, energy stocks have been on a wild ride this year. You probably remember when the price of crude oil f... 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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Last week the average 30-year fixed-rate mortgage continue to slide lower to a fresh all-time low of 2.88%. While this is certainly good news for homebuyers, it has been a major boon to the homebuilder stocks.
The group's sharp rebound off its March 2020 low has been one of the key contributors t... Read the Full Story |
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I confess to a fondness for Chili's. The food is tasty—Mushroom Jack Fajitas are a particular favorite of mine—and often priced reasonably. The rewards program, of which I'm a member, is generous enough as well. That being said, it's been a while since I've last been in a Chili's, and ... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
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Markets | | Real estate investment trusts (REITs) are excellent ways for investors to add some real estate exposure to their portfolio without having to take on a multi-year mortgage and landlord responsibilities. At its core, an REIT is a company that owns and manages income producing real estate, and shares o... Read the Full Story |
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Markets | | Virtual behavioral and addiction treatment platform Ontrak, Inc. (NASDAQ: OTRK) shares have been on a tear to new all-time highs. While the recovery of the benchmark S&P 500 index (NYSEARCA: SPY) has been impressive, shares of ONTK have more than doubled since pre-COVID 19 levels. Formerly known... 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 | | Memory and storage semiconductor maker Micron Technology (NYSE: MU) shares haven’t been participating with the benchmark S&P 500 index (NYSEARCA: SPY) recovery nor the recent rise in the chip stocks tracked by the Market Vectors Semiconductors ETF (NASDAQ: SMH). The momentum was broken by ... Read the Full Story |
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Things are constantly changing in the stock market, including which sectors are showing relative strength and helping the market tick upwards. While technology stocks have been roaring up higher for months, new economic data such as falling jobless claims and a slowdown in the number of COVID-19 c... Read the Full Story |
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Markets | | Sysco Corporation Is Not Exactly Pandemic Proof
When it comes to the best sectors for today’s investors the food-services and restaurant sector does not spring to mind. If anything, F&B and the companies that supply them are going to be under pressure for quite some time. Even with a vacc... Read the Full Story |
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Shares of Tilray (NASDAQ:TLRY) stock are likely to start trading sharply lower after an earnings report that showed continued weakness in cannabis demand. Prior to the market open, TLRY stock is down over 10%. That puts its yearly decline at nearly 56% for the year. The S&P 500 Index, SPX, is ... Read the Full Story |
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Markets | | Haverty Furniture Companies Is Emerging Stronger Than Before
Haverty Furniture Companies (NYSE:HVT) has been on my perma-watchlist for the last couple of years because of two things. The first was its outlook for growth, the second was its position as a dividend-payer with high probability for futu... Read the Full Story |
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The Early Bird Stock Of The Day American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of December 31, 2022, American States Water Company provided water service to 263,265 customers located throughout 10 counties in the State of California; and distributed electricity to 24,705 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was incorporated in 1929 and is headquartered in San Dimas, California. | | View Today's Stock Pick |
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