Good MorningEquity markets slipped on Wednesday but regained their footing by the end of the session. The S&P 500 moved down about 0.25% at the low of the session but found well above the key 4,300 level. The move appears to be confirming a bottom in prices that has been building for several weeks. If this scenario plays out traders can expect to see the S&P 500 moving above the 4,400 level fairly soon.
The risk is in the earrings reports, the peak of earnings season kicked off on Wednesday with news from JPMorgan Chase and Company. The bank reported revenue and earnings that were largely in line with the analyst’s consensus estimates which is far below the market’s true expectations. If the remainder of the S&P 500 report in like fashion the market is in for another round of selling.
Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Consumer Staples | |
These Growing Companies Will Post Record Revenue
Pandemic winners like Freshpet and Graphic Packaging Holding Company have produced robust returns for shareholders since the peak of the scare. While the pandemic is still with us, it is subsiding but not the tailwinds driving these stocks. In the ... Read the Full Story |
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Technology | |
Infosys Proves Tailwinds In Tech Are Still Blowing
One of the biggest stories coming out of the pandemic was the massive shift to technology that was sparked by stay-at-home and work-from-home needs, a shift aided by Infosys. Now, more than a year later, it looks like those tailwinds continue to ... Read the Full Story |
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Markets | |
Airline carrier JetBlue (NASDAQ: JBLU) has been recovering on the reopening trend as pent-up demand is bolstering its recovery towards 2019 pre-pandemic levels. Being an epicenter industry stock should provide no surprise when revenues rose triple digits since the peak of the pandemic in Q2 2020. ... Read the Full Story |
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Consumer Discretionary | |
Shareholders in Domino’s Pizza (NYSE: DPZ) stock are likely to see the stock price climb when the company posts earnings on October 14. The fast-food chain is expected to post earnings per share (EPS) of $3.08 on revenue of approximately $1.12 billion. The latter number would be a 9% increas... Read the Full Story |
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Consumer Discretionary | | As MGM Resorts (NYSE: MGM) stock hits new multi-year highs, many investors are likely wondering whether or not the company is worth betting on at this time. The casino industry was hit hard last year and is slowly getting back on its feet, yet it remains to be seen just how quickly the business will... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Markets | |
Professionals often continue to talk to their clients about certain tried-and-true "rules" about retirement that may no longer work in the future.
Here's a great example: "Save $1 million for retirement." As you probably know by now, that figure doesn't encompass the correct amount for every sin... Read the Full Story |
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Materials | | Cleveland-Cliffs (NYSE: CLF) has been etching a correction since mid-August. It's still working on that base, but shares gapped up 4.02% Monday after North America's biggest steel producer said it would acquire metal recycler Ferrous Processing and Trading in a deal valued at $775 million.
Clevelan... Read the Full Story |
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Consumer Discretionary | |
Whether it relates to consumer trends, social media, or the latest slang, we hear a lot about the Millennial generation these days. Corporate America is especially tuned into what this influential generation is up to because its members will have a major say in what products and services are hot a... Read the Full Story |
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Markets | |
From semiconductor shortages to demand concerns to inflation worries, there has been no shortage of pressures on the global technology sector. After a rough September performance, the sector has struggled to make up ground this month amid intensifying supply chain challenges.
In some cases, the s... Read the Full Story |
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Markets | |
Rising Demand Drives Record Results For SGH
SGH’s (NASDAQ: SGH) fiscal fourth-quarter earnings report is already proving an investment thesis we've only just begun to form. Apple shocked the market when it lowered its target for iPhone production due to the microchip shortage. Our response ... Read the Full Story |
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The Early Bird Stock Of The Day H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. The company was formerly known as Huazhu Group Limited and changed its name to H World Group Limited in June 2022. H World Group Limited was founded in 2005 and is headquartered in Shanghai, the People's Republic of China. | | View Today's Stock Pick |
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