Good MorningEquity markets bounced back on Thursday following Wednesday’s slide. The onslaught of earnings reports continues to be better than expected and is lifting investor sentiment. While inflation is a big part of the story, margins are holding up and earnings remain strong. So long as this scenario remains intact the S&P 500 should continue to move higher but there is a risk. The PCE index is going to be released today and could put an end to investor euphoria.
Rising prices and inflation are already cutting into the volume of business done by retail companies, if the PCE indicates hotter than expected inflation the outlook for future sales and earnings will sour.
Next week, the deluge of earnings reports will continue with the addition of some key economic releases as well. The Nonfarm payrolls report is due out on Friday and there are a host of other important releases due out during the week.
Featured: Under $5, but with real revenue (Ad) 
|
Finance | |
Digital financial services company Sofi Technologies (NASDAQ: SOFI) stock is gaining a new resurgence as it attempts to climb towards all-time highs. The fintech has expanded its financial services to become a one-stop shop for banking, investing, lending, budgeting, wealth planning, and credit ca... Read the Full Story |
|
From Our Partners | | Each morning, the Wave Software scans the market for stocks quietly building momentum over days or weeks, then narrows the list to a single name showing signs of an imminent move.
From there, it outlines specific options criteria designed to match that potential move, giving traders a complete setup before the market opens.
No guesswork, no scanning countless charts, just one focused opportunity to evaluate each day. | | See how the Wave Software pinpoints daily trade opportunities before 9 am. |
|
Technology | |
3 Growth Stocks Backing Up High Valuations With Impressive Earnings
The most successful investors use earnings season as an opportunity to identify future leaders in the market and assess what companies are worth holding on to. These reports can be huge catalysts for the price of a stock and prov... Read the Full Story |
|
Consumer Staples | |
Wouldn’t it be great if a stock’s chart and fundamentals said the same thing? It doesn’t always happen, but when it does, it can sure strengthen a bullish investment thesis.
Classic chart patterns emerge daily across capitalizations and sectors. So do the opinions of sell-side r... Read the Full Story |
|
From Our Partners | | A new tool called Oracle tracks insider bets hidden in the predictions market, flagging which stocks and options could be affected.
During beta testing, Oracle identified notable short-term moves including USO up 39% in four days, PLTR up 43% in a day, and WEN up 67% in two days, all through a regular brokerage account.
See how Oracle spots these hidden insider bets before they make headlines. | | Get free access to Oracle and see the data now |
|
Consumer Discretionary | |
Results Drive These Automotive Stocks Higher
The automotive industry is struggling with systemic issues but, by all accounts, still doing quite well. While the major OEMs are cutting back on production sales remain robust and the outlook for the industry is healthy. Today, we’re looking at... Read the Full Story |
|
Industrials | |
Saia Delivers A Truckload Of Growth
When Saia (NASDAQ: SAIA) decided to open a new terminal in Virginia the move was met with some criticism. Although demand within the industry is high and warrants such a move, ultra-tight labor conditions suggest it may be a bigger bite than the company can ch... Read the Full Story |
|
From Our Partners | | Unitree's IPO grabbed headlines, but a handful of already-public robotics companies have been quietly delivering results that look nothing like hype.
One robotics-and-testing firm grew quarterly revenue from $686 million to $1.282 billion year over year and broke out above a $422.11 buy point. A warehouse robotics company exited the quarter with a $22.7 billion backlog and $2.0 billion in cash with no debt. A robotic surgery leader placed 431 systems in a single quarter. | | Get the free robotics stock report now. |
|
Technology | | If you recall the days before cloud storage was ubiquitous, the name Seagate Technology Holdings (NASDAQ: STX) may ring a bell.
Even though you may not have an external hard drive connected to your laptop anymore, demand for cloud storage is driving growth at Seagate.
The Ireland-based maker of ha... Read the Full Story |
|
Markets | |
Have you ever heard a young person say, "Save for retirement? Are you crazy? I have to make student loan payments."
Older workers held themselves back, too: "Am I in the right investments? It's all so confusing. I'll put it off for another week or so." And then that week turns into a month, that ... Read the Full Story |
|
Consumer Discretionary | |
High-Yield Ethan Allen Interiors Is A Deep Value For Income Investors
Ethan Allen Interiors (NYSE: ETD) is one of the best-positioned companies in an industry well-positioned for the current environment. Not only does the company manufacture furniture, one of the highest-demand retail categories... Read the Full Story |
|
Consumer Discretionary | | In a sign of just how much those on Wall Street were looking forward to this week’s run of earnings reports, the Dow Jones Industrial Average, the NASDAQ, and the S&P 500 indices all hit fresh highs in recent days. After a somewhat muted September and October, it can be taken as a sign tha... Read the Full Story |
|
Markets | |
To some people, the idea that giving money away attracts wealth seems like a lot of hokum, but others firmly believe that living a life of abundance can make you a millionaire.
When you give back, the argument is that this type of abundant act flows back toward you. Not only do you feel good, you... Read the Full Story |
|
The Early Bird Stock Of The Day Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America's largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets. | | View Today's Stock Pick |
|
