Good MorningEquities rebounded on Thursday but the move was small and traders are cautioned not to read too much into the move. Price action remains bearish in the wake of the October CPI report and suggests a deeper decline is in store for the market. The broad market S&P 500 is already down a full percent from the recently set all-time high and could easily fall another 2.0% before hitting the first significant target for support.
That target is at the short-term moving average, near 4,565, but there is no guarantee the market will halt its decline there. With inflation accelerating to new highs and no end in sight for the trend the market could correct a full 10% to 20%. Today’s action will be telling. If the market moves lower and ends the week at the low of the period next week’s action could bring even more selling.
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Technology | | Descartes Systems (NASDAQ:DSGX) was trading higher Thursday as shares of the supply-chain management software maker continued working on a flat base.
The Canada-based company offers solutions for the shipping-industry customers to better communicate with each other.
Descartes’ flagship pro... Read the Full Story |
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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 |
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Markets | | It’s all relative. Regardless of whether the market is setting record highs or correcting, there are always outperformers and underperformers. Some tickers lead while others lag.
At either end of the spectrum lie two very different investment strategies. Riding the hot outperformers is a popu... Read the Full Story |
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Consumer Discretionary | | The thought of adding travel stocks to your investing plans probably sounded like a risky idea back in 2020, given how the entire industry faced so much uncertainty. The pandemic put a major dent in most people’s travel plans and has certainly caused lingering impacts, yet things might start t... Read the Full Story |
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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 |
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Finance | |
A stellar earnings report is only the beginning for this fintech giant
SoFi Technologies (NASDAQ:SOFI) stock jumped over 13% after posting strong earnings after the market closed on November 10. The fintech company posted negative earnings per share of five cents which was a significant beat ove... Read the Full Story |
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Energy | |
Clean Energy Companies Set to Outperform Given Recent Policy Updates
It’s fair to say that renewable energy stocks offer one of the most intriguing bull cases on the market at this time. These companies are helping to combat the impacts of climate change and government leaders around the wo... Read the Full Story |
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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 |
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Retail/Wholesale | |
Dutch Bros Inc. On Track For National Status
Dutch Bros Inc. (NYSE: BROS) caught our attention shortly after the IPO. The company operates a growing chain of coffee and specialty-drink establishments with a focus on drive-through capability. The company is not only growing but growing quickly an... Read the Full Story |
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Business Services | |
Growth Slows At Cricut
Crafting king Cricut (NASDAQ: CRCT) came out of the gate strong following its IPO but growth appears to be slowing. The company reported a very good quarter but one in which growth slowed from high to low double-digits. That's not typically something we like to see but the... Read the Full Story |
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Markets | | Self-storage real estate investment trust (REIT) Life Storage (NYSE: LSI) stock recently peaked on its Q3 2021 earnings results despite raising Q4 2021 guidance. Life Storage is a REIT that the name practically sums up the business. In a nutshell, this REIT owns and operates self-storage facilities.... Read the Full Story |
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Markets | |
A Leaner Brooks Automation Falls Back To Support
Brooks Automation (NASDAQ: BRKS) released its FQ4 results and sparked a 5% decline in share prices. That move, as it turns out, is more a knee-jerk reaction to the news than anything else. The company reported some deeply disturbing figures, distur... Read the Full Story |
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Retail/Wholesale | |
Red Robin Gourmet Burgers Hatches Plan For Growth
Red Robin Gourmet Burgers (NASDAQ: RRGB) is working on a plan for growth. The company is investing heavily in its staff, a key component for operations, setting it up to outperform in future quarters. With the holiday season upon us, COVID in an ... Read the Full Story |
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The Early Bird Stock Of The Day RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. It distributes products and services primarily through intermediaries. The company invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda. | | View Today's Stock Pick |
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