Good MorningThe S&P 500 pushed up to set another new all-time high in Wednesday trading but was unable to hold the gains. Despite a strong showing from America’s largest retailers news from the FOMC sent a ripple of fear through the market. In the minutes from the last meeting officials at the Fed discussed the potential risks associated with the COVID pandemic and its impact on the U.S. economy. While the committee sees the U.S. on an upward trajectory it also sees the pandemic “weighing heavily on the economy”.
Conversely, data from the housing sector and business updates from a wide variety of retailers suggest a manufacturing boom may already be underway. With sales outpacing Wall Street consensus and pandemically-hindered supply-chains, inventories are falling fast and backlogs are growing. The S&P 500 may correct now and it may not, if it does have your cash ready.
Featured: Bezos… DOOMED (Ad) 
|
Markets | |
There’s something so satisfying about getting dividend payouts deposited into your account. Watching the payouts stack up and compound over time is one of the most rewarding aspects of investing. People tend to gravitate towards dividend stocks because they generate passive income and can si... Read the Full Story |
|
From Our Partners | | 232 companies listed on U.S. exchanges this year, raising over $251 billion by late July alone - more than five times 2025's full-year total. Yet most carry almost no analyst coverage.
We screened the entire class for average daily volume above 500,000 shares, market caps over $100 million, and at least 18 months of cash runway. Only seven names cleared every filter - four already trading, three still private. | | See the seven IPOs that passed every filter. |
|
Markets | | Wholesales Prices Are Rising, But So What?
There has been nothing but good news coming out of the used-car industry of late. The pandemic put a hurting on business for a month or so but since then the rebound has been vigorous. Retailers from Carmax (NYSE:KMX) to Autonation (NYSE:AN), Vroom (NYSE:... Read the Full Story |
|
Markets | |
Move over Tesla. The electric vehicle market has a new player in town. Phoenix-based electric truck manufacturer Nikola (NASDAQ:NKLA) took the market by storm this summer after its June 4th Nasdaq debut.
Fresh of its merger with SPAC VectoIQ, Nikola raced to over $90 per share only to dive back u... Read the Full Story |
|
From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
|
Markets | | La-Z-Boy Is Cautiously Optimistic
Furniture-maker La-Z-Boy (NYSE:LZB) reported a mixed quarter that’s only if you read the headlines. Revenue missed, sure, but by a slim margin but EPS more than mitigated the shortfall. The company, like so many others in the 2Q, was able to leverage cost-con... Read the Full Story |
|
Markets | |
Left for dead by most investors after a dismal 2019, Kirkland's (NASDAQ:KIRK) has lifted itself off the ground and skyrocketed 665% this year. The Tennessee-based specialty retailer of home décor has been one of the biggest success stories to come out of the pandemic emerging as a significa... Read the Full Story |
|
From Our Partners | | A portable energy unit - already used by the U.S. Navy for decades - is now drawing serious attention from Big Tech and Washington policymakers. It can be trucked to a data center, military base, or industrial site and deliver reliable power for years without grid access.
A key government milestone expected this August could bring significant visibility to this space. One small stock sits at the center of it. | | Read the full breakdown and see which stock to watch now |
|
Markets | |
Target Is Winning, Let Your Winners Run
It was only a quarter ago that I wrote the article “Target Is About To Rocket Higher”. My thesis, summed up by the words ‘total package’, centered on the company’s long-term plans, its positioning within the market, COVID-inspi... Read the Full Story |
|
Markets | |
Digital advertising has quickly become one of the largest line items for businesses as they prepare their marketing budgets. With consumers devoting more time to their devices than ever before and a seemingly endless amount of data available to help companies create ads that target specific market... Read the Full Story |
|
Markets | |
While luxury retail names like Macy’s (NYSE: M), Ralph Lauren (NYSE: RL), and Kohl’s (NYSE: KSS) watch their shares languish near multi-year if not all-time lows, shares of discount department store Ross Stores (NASDAQ: ROST) continue to undo Q1’s damage.
They mightn’t hav... Read the Full Story |
|
Markets | | Jaw-Dropping Results From America’s Retailers
Home Depot (NYSE:HD) reported earnings this morning and gave the market everything it wanted and more. Not only did the company post robust growth but growth soundly beat the analyst’s estimates and accelerated from the previous quarter. Th... Read the Full Story |
|
Markets | | Cryptocurrency, You Have To Be In It To Win It
At the risk of damaging my own credibility, I am going to go out on a limb and say that I Iike Cryptocurrency. The technology is very interesting, the potential for application is limitless, and the values associated with it are mind-boggling. Bitcoin ... Read the Full Story |
|
|