Good MorningEquities held steady at the freshly set all-time highs on Thursday as the market gears up for the true peak of earnings season. While there have been a fair amount of earnings reports delivered it pales in comparison to what the market will get over the next two weeks. Roughly 50% of the S&P 500 will report earnings for the 3rd quarter and set the tone for trading over the next two to three months. So far, a higher number of S&P 500 company’s than average have been beating their estimates but that could quickly change. The real risk, however, is in the guidance and far too many company’s are lowering their targets for earnings.
Next week will also be an important week for economic data. There are not a lot of economic reports out but the most important report of the month comes out on Friday. The monthly read of income and spending includes the Fed’s favored tool for measuring consumer-level inflation, the PCE price index.
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Business Services | |
The classic investment adage “no risk, no reward” has several variants but they all convey the same message. There is a direct correlation between the level of risk in an investment and its expected return.
This rule applies when it comes to moving up and down the capitalization spect... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Finance | |
Private equity firm Apollo Global Management (NYSE: APO) stock has been in a solid uptrend since recovering from its pandemic lows as it continues to all-time highs. This alternative asset manager operates over 150 companies including Chipotle (NYSE: CMG) competitor Qdoba in addition to its real e... Read the Full Story |
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Consumer Discretionary | |
Snap-On Value Deepens After Strong Earnings
If there is one thing the market needs from Snap-on (NYSE: SNA) and other globally oriented companies is a little reassurance in the supply chain. While Snap-on did not give any specific guidance the lack of details is less than reassuring in a world w... Read the Full Story |
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From Our Partners | | Roger Scott just unveiled a day-trading tool designed to identify the first wave of institutional buying before a full order moves through the market - potentially in minutes.
On April 14th, the tool flagged early institutional buys on HOOD at 9:45 am, delivering a 24% return in 6 minutes. Minutes later, a signal on MSTR locked in a 33% return in 12 minutes. Free access is available now. | | Secure your free pass to the real-time institutional order tracker today |
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Markets | |
When a stock sells off, i.e., suffers a sustained downtrend, it can be for good reason. A negative press release or unfavorable industry dynamics are just two examples.
Other times the selloff can be overdone. This commonly occurs when market participants overreact to negative near-term news and ... Read the Full Story |
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Medical | |
Pandemic is Still a Headwind on Revenue for Intuitive Surgical
A few days removed from its third-quarter earnings report, Intuitive Surgical (NASDAQ: ISRG) stock is looking for direction. ISRG stock bounced about 6% after earnings but is trending lower as the week ends. In early September, the s... Read the Full Story |
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From Our Partners | | Roger Scott spent twenty years on Wall Street moving billions through the market. Now he's exposing the 'empty chair' signal he says sits behind the most stunning stock moves retail investors rarely hear about.
The same signal reportedly triggered a 138% return on WMT in two weeks and a 157% return on Cencora in one week, according to his research. | | Watch Roger Scott reveal the empty chair signal today |
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Markets | |
Invest or pay off debt… Pay off debt or invest?
The choice can seem excruciating, especially if you have a deep desire to prepare for your financial future and wipe out debt once and for all.
Do these scenarios sound familiar?
Sarah has $5,000 in student loan debt and $5,000 in credit c... Read the Full Story |
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Consumer Defensive | |
When an analyst changes or reiterates his or her stock rating it can be for a variety of reasons.
Sometimes it relates to shifting industry dynamics that will improve the financial results of an entire group of stocks. Other times it is a company-specific event such as an earnings release or othe... Read the Full Story |
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Construction | | Private equity firms like Blackstone (NYSE:BX) have been thriving recently, especially since so many wealthy investors are looking to take advantage of alternative investments in a low-interest-rate environment. This has led to massive inflows and plenty of new capital available for the company to p... Read the Full Story |
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Finance | |
Say it with me ALLY stock owners, it’s hip to be square
With respect to Huey Lewis and the News, investors in Ally Financial are, in my opinion, getting a nice gift with the post-earnings dip in Ally Financial (NYSE: ALLY). The fintech company known for auto lending posted solid earnings o... Read the Full Story |
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Technology | | Arista Networks (NYSE: ANET) is notching a technical performance better than most stocks in the broader market.
Shares of the cloud networking specialist cleared a flat base on October 13, surpassing a $384 buy point in lighter-than-normal volume.
While it's ideal to see a stock clear a buy poin... Read the Full Story |
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The Early Bird Stock Of The Day Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada. | | View Today's Stock Pick |
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