Good MorningThe market got what it wanted from the Fed and more. The FOMC left its rates unchanged and indicated a low-interest rate policy long into the future. The official statement says inflation could run well above the target 2.0% for an extended time, individual members indicate the zero-interest-rate environment could last through the end of 2023.
What this means for business is the ability to invest in operations without fear of the Fed. With interest rates on hold for an indefinite amount of time, investors should expect economic activity to continue to build. What this means for the markets is the historic bull market is far from over but there are still many risks. The number one risk of course is COVID-19. Even so, the Fed chief Jerome Powell said social distancing and masks will aid the recovery. The Atlanta Fed is forecasting GDP will run above 25% in the 3rd quarter.
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Auto/Tires/Trucks | | These days, it seems like everyone wants a piece of the global EV (Electric Vehicles) market. With the cost of electric vehicle ownership decreasing and manufacturers working hard to create new and exciting tech that powers these eco-friendly automobiles, the potential for companies involved in the ... Read the Full Story |
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Transportation | |
FedEx Corporation (NYSE:FDX) just delivered an earnings report that is causing the stock to soar. It appears that shares of the delivery services company will open up nearly 10% above its closing price of $236.67 on September 15.
3 Stocks Showing Relative Strength During the Selloff
The grow... Read the Full Story |
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Basic Materials | |
When you are contemplating whether or not to add a new dividend stock to your portfolio, there are several important qualities to look for. For example, identifying companies with strong cash flow generation, long-term growth potential, and low debt levels is a great start. You should also check t... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Industrials | |
For those who remember those dark days, not so long ago, when even regular unleaded gasoline was running over $4 a gallon, the drive to find an alternate way to drive a car is understandable and even relatable. No one wants to go back to those days, except perhaps those who are long oil. That's le... Read the Full Story |
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Technology | | This past summer has been a bit of a mixed bag for shares of Micron (NASDAQ: MU), the $55 billion chip maker out of Boise, Idaho. While anything with even a hint of tech seemed to log green day after green day, Micron shares were for the most part flat from April through July.
If investors were sta... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Retail/Wholesale | |
McDonald’s (NYSE: MCD) broke above $222 a share during yesterday’s trading session, setting intra-day all-time highs. Shares of the fast-food giant closed at $220.56, their second-highest all-time finish (MCD closed at $221.15 on August 9, 2019).
Let’s look at the chart and see ... Read the Full Story |
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Markets | |
The Labor Market Rebound Is Strong
There is still a lot of weakness in the labor market, don’t get me wrong, but the labor market is still strong and the rebound is on. Stocks in business with labor like Cintas (NYSE:CTAS) are in a clear position to survive the pandemic if not thrive in its... Read the Full Story |
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Auto/Tires/Trucks | |
The Electric Car Market Is Going To Be Huge
The Electric Car market is going to be huge. If even only 10% of all cars globally go EV we’re still talking about exponential growth over the coming years. Total car sales are expected to top 70 million units globally in 2020 even with the pandem... Read the Full Story |
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Transportation | |
As investors and traders, we need to pay attention to what stocks are showing relative strength to the overall market. For example, the stocks that showed strength during the selloff over the past few trading sessions give us a clue that they could be in for some big moves in the coming weeks. Som... Read the Full Story |
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Consumer Discretionary | | Media network Fox Corporation (NASDAQ: FOXA) shares have been trying to recover since its pandemic meltdown in an attempt to recover back to its pre-COVID levels. While still vastly underperforming the benchmark S&P 500 index (NYSEARCA: SPY), shares are staging a recovery as live sports programm... Read the Full Story |
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The Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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