Good MorningThe markets gave up some of their gains on Wednesday but investors shouldn’t worry too much about the move. Bad news for Visa is cause for most of the day’s decline and was offset by another round of much better than expected news from the retail sector. Retailers from Target to TJ Maxx beat their consensus estimates and guided the market higher citing robust trends and the expectation for fully-stocked shelves this holiday season.
On the economic front, the housing data was a mixed bag with Building Permits rising more than expected and Housing Starts falling versus an expectation for gains. The data underscore a worsening problem in the housing market, that of rising demand and stalling activity due to supply and labor shortages. If the bottlenecks are corrected soon housing prices could sustain their meteoric climb.
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Consumer Staples | |
The selloff may have been necessary, but it’s looking overdone
How does a bad call in professional sports relate to the selloff in Target (NYSE:TGT) stock? Allow me to explain. There are times when an official misses a call. Depending on the circumstances, a team has the opportunity to cha... Read the Full Story |
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From Our Partners | | CrowdStrike, Palantir, Nvidia none of them pay a real dividend. But one fund holding the biggest AI names distributes income every single Thursday, with payouts reported as high as $1,051 a month.
Chief Income Strategist Tim Plaehn breaks down the fund's real Thursday distribution history, how the income is generated, and how to buy it in any brokerage account. | | Watch the free presentation before this Thursday's payout |
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Technology | |
Nvidia stock gives investors a heads you win now, tails you win later dynamic
One of the more closely watched earnings report this week will come from Nvidia (NASDAQ: NVDA) after the market closes on November 17. Forecasts call for the chipmaker to deliver earnings per share (EPS) of $1.11 on re... Read the Full Story |
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Markets | |
I just spent some time in Florida and wondered whether Floridians will have to batten the hatches this year due to a hurricane. (A quick Google search said probably not, as most of the hurricane season has already pushed past us — hurricane season runs from June 1 to November 30). As a Midwe... Read the Full Story |
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From Our Partners | | The U.S. now borrows money just to pay interest on money it already borrowed, a pattern economists call a debt death spiral. Interest payments alone now top a trillion dollars a year.
The Social Security trust fund is projected to run dry by 2032, which could trigger an automatic 22% cut to benefits. Between 2020 and 2022, the Fed expanded the money supply by 41%.
A free 27 page report breaks down these numbers in plain English, including what central banks have been doing with gold. | | Download the free Debt Death Spiral report now |
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Technology | |
Whether you prefer fundamental, technical, or quantitative analysis, there is no perfect potion. With so many factors moving the markets (including social media chatter) each approach can only get you so far. Sometimes a bit of good fortune does the rest.
With this said, investors that like to st... Read the Full Story |
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Technology | |
Consider Adding These 3 Stocks for an End of Year Santa Rally
Over the years, investors and traders will pick up on certain trends that tend to play out time and time again. This experience can really pay off in the long run, as patterns repeat themselves in financial markets more often than not.... Read the Full Story |
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From Our Partners | | Our research analysts are set to release their next stock idea tomorrow morning just before 12:00 PM Eastern. Don't miss your chance to be the first to see our next stock pick. | | Get The Early Bird's Stock of the Day (Free) |
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Technology | | Among the many flavors of cloud-centric enterprise software platforms, you’ll find Dynatrace (NYSE: DT), a mid-cap that’s currently correcting below its October 25 high of $80.13.
The Waltham, Massachusetts company announced Monday that CEO John Van Siclen will retire at the end of the... Read the Full Story |
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Consumer Discretionary | |
The home improvement giant is becoming more user-friendly at a time when that really matters
By the time you read this, you may have had the opportunity to digest the strong numbers that Lowe’s (NYSE: LOW) posted in its third-quarter earnings report. On the top line, the company pulled in ... Read the Full Story |
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Consumer Discretionary | |
The TJX Companies Is A Retailer You Can Buy
Earnings from the retail sector have been robust this quarter and The TJX Companies (NYSE: TJX) is participating in the trend. The company not only reported better than expected earnings but gave an indication business trends were still advancing. Whil... Read the Full Story |
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Consumer Discretionary | |
Sportradar Group Signs Expansive Deal With The NBA
Sportradar Group (NASDAQ: SRAD) hit our radar a few months ago when it IPO’d. The IPO was met with some fanfare due to the company’s standing in the international gaming and sports betting markets and the growth opportunity presented... Read the Full Story |
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Consumer Discretionary | |
Shoe Carnival Is Doing Everything Right
We’ve liked Shoe Carnival (NASDAQ: SCVL) for quite some time because the company seems to be doing everything right. It’s growing, it’s setting records, it’s widening margin, it’s making money for investors, it has no debt, an... Read the Full Story |
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The Early Bird Stock Of The Day Yum China Holdings, Inc. owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services. Yum China Holdings, Inc. was founded in 1987 and is headquartered in Shanghai, the People's Republic of China. | | View Today's Stock Pick |
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