Good MorningEquities are coming off a rocky week and will need to regain lost ground with this week’s action. The S&P 500 closed down less than a quarter percent for the week after shedding more than 2.0% at the low of the week. While bullish, the action left a lot to be desired from investors. For one, the index confirmed resistance at the previous week’s high and for another, selling action late on Friday suggests professional traders and investors don’t want to be caught long the market.
This week the focus will be on the remaining earnings reports for the Q1 cycle. These include reports from retailers like Autozone, Williams and Sonoma, Dicks, and Costco that have all benefited from pandemic tailwinds. Along with earnings is economic data in the form of consumer confidence, housing data, and a key read on core consumer inflation. If there’s one report for the market to be scared it is the report on core consumer inflation.
Featured: Elon Musk Called a Total Fraud in 2018 - Here's What Changed (Ad) 
|
Energy | |
Oil and gas royalty trusts PermRock (NYSE: PRT) and Texas Pacific Land Corp. (NYSE: TPL) have been on a tear, advancing 52.24% and 39.11%, respectively, over the past three months.
Those are impressive performances, but does it mean you should buy these stocks, or any other oil and gas royalty t... Read the Full Story |
|
From Our Partners | | Jeff Brown, founder and CEO of Brownstone Research, says he has uncovered what he calls one of the biggest discoveries of his career tied to the ongoing AI boom.
Brown is pointing to a key date, October 20, and is highlighting five AI-related opportunities outside the traditional stock market that most investors have never heard of. | | Click here to see the full research before October 20 |
|
Markets | |
Have you always been insatiably curious about your credit score? I am. In my mind, my credit score is kind of like a report card, like a race toward personal best. (Hey, it's the best those of us with zero athletic talent can do.)
Despite widespread media reports of Americans' debt challenges, mo... Read the Full Story |
|
Consumer Discretionary | | The most successful investors use all of the tools and resources that are available to them in order to make the best possible decisions. That includes keeping track of analyst reports and looking at which companies consistently receive upgrades and price target increases. While simply buying a stoc... Read the Full Story |
|
From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
|
Markets | |
After a midweek selloff, the major indexes are trying their best to finish the week in the black. One of the catalysts was a drop in unemployment claims. As further evidence that the economy is reopening in earnest, retail stocks reported generally strong earnings this week. The same can’t b... Read the Full Story |
|
Consumer Discretionary | | V.F. Corporation Is Down But Not Out
We’ve like V.F. Corporation (NYSE: VFC) for a long time and not just as a reopening play. The company is a well-established, blue-chip name in consumer apparel with a nice dividend, a healthy portfolio of brands, and a growing direct-to-consumer business.... Read the Full Story |
|
From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
|
Industrials | |
Shares of agricultural and construction equipment maker Deere (NYSE: DE) were trading higher Friday morning after the company reported a triple-digit earnings increase for the second quarter. Deere also boosted its full-year outlook.
Analysts were looking for earnings per share of $4.31; the comp... Read the Full Story |
|
Technology | |
Double-Digit Growth At Palo Alto Is Unstoppable
Palo Alto Networks (NYSE: PANW) is a poster-child for what has become our favorite theme in post-pandemic stocks. Companies like Palo Alto Networks had already been shifting, restructuring, refocusing, and reinvigorating their businesses in an effo... Read the Full Story |
|
Consumer Discretionary | | The fourth-largest automaker in the world Stellantis (NYSE: STLA) stock is the product of the $52 billion mergers between Peugeot S.A. and Fiat Chrysler to become a major electric vehicle (EV) powerhouse. The combined company owns popular brands Jeep, Chrysler, Dodge, Alfa Romero, Fiat, Maserati, Pe... Read the Full Story |
|
Markets | |
Did you know that your credit card falls into a specific category of debt called "revolving" debt and your mortgage goes into a debt category called "secured" debt?
Maybe you really don't care at all — you just know that the debt you have costs you money every month.
However, you may want ... Read the Full Story |
|
Communication Services | |
The recent market pullback has spared few stocks. The rich have become a bit less wealthy, and the poor have become poorer.
In some cases, the underperformers of 2021 are former stars that have simply stepped out of the limelight. In other cases, the laggards of 2020 have continued to struggle th... Read the Full Story |
|
The Early Bird Stock Of The Day First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee. | | View Today's Stock Pick |
|
