Good MorningEquity markets tumbled last week but regained their footing by the end of the week. The S&P 500 fell 3.25% at the low of the week to break the 4,300 level but bounced back on Friday to confirm support. The market decline was driven by the rising fears of inflation and systemic challenges reported by the vast majority of company’s. The risk for the market now is that the earnings outlook will continue to deteriorate as we move into the peak of the Q3 earnings reporting season.
This week also brings the September read on job creation. The latest report of unemployment claims suggests the September NFP could be well over 1 million and possibly 2 million net new jobs created. Regardless, the NFP is expected to produce a solid gain in jobs which is some much-needed good news because labor shortages are a driving concern market-wide.
Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
|
Retail/Wholesale | | Luxury consumer apparel and accessories producer Tapestry (NYSE: TPR) shares have been declining despite a solid fiscal Q4 2021 earnings report that saw 60% YoY growth in Mainland China and triple-digit full-year global digital gains. The high-end retail manufacturer of brands includes Coach, Kate S... Read the Full Story |
|
From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
|
Medical | | Robotic medical equipment maker Intuitive Surgical (NASDAQ: ISRG) is correcting below its September 8 high of $1087.01. So far, it's holding well above the structure low of $797.71 from its most recent base, which formed between April and June.
The stock is also finding support above a July 19 sess... Read the Full Story |
|
Energy | |
When it comes to rooting for professional sports teams, hopping on the bandwagon generally has negative connotations. It can be associated with a lack of ingenuity and a simple-minded herd following.
In stock investing, hopping on the bandwagon can be an effective strategy. In fact, it has its ow... Read the Full Story |
|
From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
|
Markets | | Airline carrier American Airlines Group, Inc. (NYSE: AAL) stock has been recovering during the reopening trend in the post-pandemic era. Shares have seen a resurgence recently on the advent of the Merck (NYSE: MRK) Covid-19 treatment drug that holds the promise of cutting the death rate for hospital... Read the Full Story |
|
Markets | |
Today, the Free Application for Federal Student Aid (FAFSA) opens. If you have a high school senior at home and plan to help him or her pay for college, you need to file the FAFSA. Even if you can fill an Olympic-sized swimming pool with all of your $100 bills, you should file the FAFSA. (Read: Ev... Read the Full Story |
|
From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
|
Markets | |
Visual social media lifestyle brand platform Pinterest (NYSE: PINS) stock has been devastated by its earnings shortfall as the post-pandemic reopening trend is having a negative impact on sentiment. While other social media platforms have been able to weather the reopening, Pinterest is actually t... Read the Full Story |
|
Consumer Discretionary | |
Systemic Challenges Weigh On Bassett Furniture Results
Bassett Furniture (NASDAQ: BSET) did not have a bad quarter. The company produced revenue growth, margin expansion, and revealed high demand remains strong within the industry. The problem is that systemic headwinds cut deeply into both the t... Read the Full Story |
|
Technology | | Cybersecurity provider SentinelOne (NYSE: S) stock has enjoyed a nice rise upon its public debut this year. Shares of this automated cybersecurity platform as holding above its IPO price but starting to offer some opportunistic pullbacks for prudent investors. The Company provides automated cybersec... Read the Full Story |
|
Technology | | September 2021 brought a rude awakening to investors who got accustomed to the S&P 500 moving steadily higher.
The large-cap domestic index was down nearly 5% for the month, following seven months in a row of gains. To put that in context, the last down month was January. Since then, the S&... Read the Full Story |
|
Consumer Staples | |
McCormick & Company (NYSE: MKC) confirmed what many consumers already knew. It can be difficult to keep your spice cabinet fully stocked. And it’s about to get more expensive. On the company’s conference call following the release of its earnings report on September 30, McCormick C... Read the Full Story |
|
The Early Bird Stock Of The Day Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. The company was founded in 1947 and is headquartered in Maranello, Italy. | | View Today's Stock Pick |
|
