Good MorningThe equities market went on a wild ride on Thursday following a series of blow-out reports from top names on Wall Street. Among them are Apple, Microsoft, eBay, and Ford but the mood was dampened by growing indications of doom for the market. As robust as the growth outlook is, the estimates may be too high because of the global chip shortage. More than a few S&P 500 companies have noted the shortage and its impact on future revenue. In addition, talk of higher taxes continues in Washington and added its cloud to the outlook.
Friday is going to be a make-or-break moment for the major indices. If the indices can hold their ground at these new highs going into the close of the week further upside is more likely than not. If, however, the mood on Wall Street sours and the market moves lower on Friday it could mark the beginning of a correction that has been brewing for months.
Featured: The case for trading fewer setups, not more (Ad) 
|
Technology | | Advertising and marketing have gone through a massive transformation over the last few decades thanks to the rise of the internet and cutting-edge technological advances. The days when businesses could solely rely on traditional advertising methods like direct mail, billboards, flyers, and radio &am... Read the Full Story |
|
From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
|
Markets | |
With U.S. stocks trading near record highs, low-priced stocks have been hard to come by. Only 15 of the S&P 500 constituents have a share price below $20. The story is similar in the mid-cap space where only 25 S&P 400 stocks can be had for less than an Andrew Jackson bill.
This means tha... Read the Full Story |
|
Consumer Staples | |
Hershey’s Sweet Outlook Will Satisfy Your Craving For Dividends And Growth
The Hershey Company (NYSE: HSY) Q1 results are a great example of what we like so much about the consumer staples sector. Like so many in the sector, The Hershey Company has itself positioned for growth while giving... Read the Full Story |
|
From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
|
Medical | |
After reporting blowout first quarter earnings after the market closed on April 28, Align Technology (NASDAQ:ALGN) stock took a sharp break to the upside on higher-than-average volume in early trading. But ALGN stock is giving up those gains on what I can only believe is investors looking to take ... Read the Full Story |
|
Retail/Wholesale | | It’s easy for investors to be drawn to the allure of stocks that offer high dividend yields. After all, a stock’s dividend yield essentially tells you how much dividend income you will be getting in comparison to the current stock price. With that said, chasing high yields can be dangero... Read the Full Story |
|
From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
|
Markets | |
Ethereum $3,000 Is A Stone’s Throw Away
Now that Ethereum (CRYPTO: ETH) is trading at a new all-time high and above the $2,700 level, the question is how high will it go? The simple answer is much, much higher but there are some concrete targets investors, speculators, and traders can targ... Read the Full Story |
|
Technology | |
Logitech Is The King Of Peripherals
Logitech International (NASDAQ: LOGI) just released one of the most fantastic earnings reports we’ve ever seen. The company not only produced robust growth on a YOY basis but strong triple-digit growth in the two-year comparison, accelerating sequential g... Read the Full Story |
|
Technology | | Crypto mania is bringing attention not only to the ever-burgeoning universe of currencies, but also to stocks like Coinbase Global (NASDAQ: COIN) and Marathon Digital Holdings (NASDAQ: MARA), as well as companies with high crypto exposure, like MicroStrategy (NASDAQ: MSTR).
Sure, the underlying in... Read the Full Story |
|
Medical | |
AbbVie (NYSE:ABBV) will be among the stocks closing out a busy earnings week. Earnings season tends to draw a lot of interest from investors, but it’s not always the best indicator of a stock’s overall trajectory.
That’s been particularly true in the last 18 months where more ... Read the Full Story |
|
Technology | |
Automatic Data Processing Quietly Reports Record Quarter
We’ve been fans of the labor market, labor market stocks, and Automatic Data Processing (NASDAQ: ADP) for years. The group is supported by secular trends that promise years of sustained business if not robust growth. The pandemic put... Read the Full Story |
|
The Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
|
