Good MorningThe S&P 500 is coming off of a record-setting week and will look to set new all-time highs this week. This week is another busy week of earnings and includes reports from a bulk of the S&P 500 as well as several Dow components. So far, the earnings season has been better than expected despite the threat of rising inflation and supply chain disruptions and proves to be another record-setting quarter.
There is more than earnings for traders to be wary of this week. The FOMC is meeting on Wednesday and is likely to begin tapering very soon if not now. The PCE price index only confirmed that consumer-level inflation is still rising and points to the need for aggressive Fed policy. Later in the week, the market will be on watch for the October NFP figures. Based on the numbers of people exiting unemployment the level of job creation should be very robust indeed.
Featured: Three checks. One company. (Ad) 
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Technology | | Shares of electronic document specialist DocuSign (NASDAQ: DOCU) is consolidating in a third-stage base below an August 10 high of $314.76.
The stock attempted a rally in early September but hit resistance at $314.70.
It then pulled back to a structure low of $241.95 on October 4, finding support... Read the Full Story |
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From Our Partners | | Former Goldman Sachs VP Dr. David Eifrig is warning that July 28 could trigger the biggest wealth reset in modern history - larger than Paul Tudor Jones' Black Monday bet and Michael Burry's $700 million Big Short.
While most investors chase AI stocks, insiders including Ray Dalio and Tudor Jones have quietly repositioned. The last comparable shock sent certain stocks up 2,464%, 2,778%, and even 13,000% - turning a $10,000 stake into over $1.3 million.
Dr. Eifrig has identified one stock at the center of this story and released a free broadcast to help investors act before the window closes. | | Watch the free broadcast now and learn where to position your money |
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Technology | | Audio-video, and automotive semiconductor maker Valens Semiconductor (NYSE: VLN) recently went public via special purpose acquisition company (SPAC). The maker of audio-video and automotive connectivity solutions did a reverse merger with a PTK Acquisitions to go public on the NYSE in a business com... Read the Full Story |
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Markets | |
Eagerly anticipating your end-of-the-year raise or maybe even a promotion? You might be able to envision it already: Your boss calls you into his office and shoves a white envelope across his desk toward you. You thank him heartily and think, "Whew. This'll solve everything."
Sound familiar? If y... Read the Full Story |
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From Our Partners | | According to Yahoo Finance, Elon Musk's latest project could 'upend another industry just as he did with cars and rockets.' Tech investor Jeff Brown - a former senior executive at Qualcomm, Juniper Networks, and NXP Semiconductors - says one tiny chipmaker, 148 times smaller than NVIDIA, is set to supply Musk with 5 billion chips over the next two years.
Early investors in Tesla and SpaceX saw life-changing returns. Brown believes this overlooked chipmaker could offer a similar opportunity, with entry points currently around $50. | | Click here to see Jeff Brown's full breakdown of this chipmaker |
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Auto/Tires/Trucks | |
Camping and recreational vehicle (RV) dealer Camping World (NYSE: CWH) stock has been retracing as the post-pandemic reopening trend continues to accelerate with COVID-19 vaccinations. Despite heavy demand still rising, shares have been descending to potential value price levels. The bigger fear o... Read the Full Story |
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Consumer Staples | |
These 3 High-Quality Stocks Are Ideal for Conservative Investors
When it comes to investing, putting capital at risk is simply unavoidable. That’s why it's so important to consider your own personal levels of risk tolerance before making any moves in the stock market. While high-flying gro... Read the Full Story |
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From Our Partners | | Elon Musk's next major play may not be SpaceX. A radical 'light-speed' device is transforming standard AI into what insiders are calling 'Accelerated AI' - reportedly 100 times faster and 100 times more energy efficient.
The mainstream hasn't caught on yet, but related stocks have already posted gains of 133%, 217%, and as much as 320%. Early movers say this trend is just getting started. | | Click here to learn which Accelerated AI stocks to watch now |
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Retail/Wholesale | |
Haverty Furniture Companies Is Pushed To Rock Bottom Prices
Haverty Furniture Companies (NYSE: HVT) reported a fabulous 3rd quarter and gave a positive outlook for future results but there are three things weighing on the market. The first is that growth is slowing and that is never a good thing... Read the Full Story |
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Technology | |
The 4% drop seen in Apple’s (NASDAQ: AAPL) shares during last night’s after-hours session is fairly indicative of Wall Street’s reaction to their fiscal Q4 numbers which were released just after the closing bell. GAAP EPS of $1.24 was in line with expectations, but revenue was of... Read the Full Story |
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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 |
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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 |
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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 |
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The Early Bird Stock Of The Day Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and retail and e-commerce marketplaces. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota. | | View Today's Stock Pick |
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