Good Morning Equity markets continue to rebound on Thursday despite the impending threat of rising inflation. The rally may come to an end on Friday however if the PCE price index is hotter than expected. On a technical basis, the S&P 500 set a new high in Thursday's action and looks like it could go higher but there is a risk. The indicators have not yet confirmed the bullish breakout.
The biggest question in the mind of traders now is “how will the market close on Friday?” A down day would confirm resistance at all-time high levels and likely lead to lower markets on Monday. There's not much on the earnings calendar for the next week but the economic calendar is full. Top of the list is the monthly non-farm payroll data due out on Friday and it is once again expected to be a big number.
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Consumer Discretionary | |
Nike Upped Its Game With Direct To Consumer
The Nike (NYSE: NKE) growth story is one that seems to have no end. Over the past year, the company has doubled down on a transformation of its business that includes a heavy focus on direct-to-consumer sales and e-commerce. The results of this transfor... Read the Full Story |
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From Our Partners | | The SpaceX IPO wasn't the big trade - according to Larry Benedict, founder of The Opportunistic Trader, it was the trigger. Benedict, who delivered a 279% return on cash in 2025 across a 20-year winning streak, says the listing launched what he calls the 'Final Phase of Elon's Master Plan.'
He's identified one specific ticker - not SpaceX, Tesla, or any Elon-affiliated company - that he believes could see billions in inflows as this phase unfolds. He calls it his trade of the year. | | Watch the video now to get the ticker name and full trade details |
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Technology | | Even though Cathie Wood’s ARK Invest ETFs haven’t been top performers this year, investors should still be impressed by her keen ability for picking winning stocks over the long term. Wood tends to focus on buying innovative high-growth names on dips, which has been a strategy that is hi... Read the Full Story |
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Communication Services | | Snapchat (NYSE:SNAP) shareholders have been on a wild ride in 2021, as the stock rallied to hit all-time highs early in the year only to fall over 30% from its peak. The social networking company is an exciting option for growth investors who are interested in interactive media exposure, although it... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Consumer Discretionary | | Even as major indexes rallied to new highs, Carnival Cruise Lines (NYSE: CCL) slumped more than 2% after reporting a second-quarter loss of $2 billion.
Cruise lines were among the industries most severely battered by Covid closures last year and early this year.
Could its ongoing progress as man... Read the Full Story |
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Markets | |
Inflation affects your portfolio right here, right now. You probably already know about the dark side of inflation and how it affects your portfolio (that's why you invest heavily in stocks, right?), but have you really taken the steps to combat it? Let's find out.
What is Inflation?
Inflation m... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Consumer Staples | | Baby, beauty, and personal care products maker The Honest Company (NASDAQ: HNST) stock has been sinking since its IPO debut. The celebrity founder actress Jessica Alba instilled her beliefs for sustainable, natural, and ethical-based products and a Company ecosystem. The Company was created out of a... Read the Full Story |
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Consumer Discretionary | | Darden Restaurants (NYSE: DRI) gapped up Thursday following the company’s better-than-expected fourth-quarter results.
Not only did the company trounce easy-to-beat year-over-year comparisons, but consolidated results were just 0.5% shy of the same quarter in 2019. That’s a good indicat... Read the Full Story |
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Markets | |
Rite Aid Implodes Despite CEO Optimism
Rite Aid (NYSE: RAD) reported its fiscal Q1 results and shares are down 15% in the wake of it. At face value, the report looks good and the CEO appears optimistic, the problem lay in the guidance. Despite an expectation for improving revenue and revenue abov... Read the Full Story |
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Consumer Discretionary | |
KB Home Falls After Weak Q2 Revenue
Shares of KB Home (NYSE: KBH) are down 6% in early trading because the company missed the consensus expectation for revenue. While we don't like to see a company miss the consensus expectation, the expectations were high and the range of estimates broad so we a... Read the Full Story |
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Industrials | |
Getting Comfortable With Steelcase, Inc
Steelcase's (NYSE: SCS) rebound has been slow to come but come it has and gaining momentum it is. The fiscal Q1 results we're lackluster but hide rapidly improving fundamentals that point to sequential growth, year-over-year growth, and profitability in fis... Read the Full Story |
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The Early Bird Stock Of The Day Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company's portfolio will increase to 59,996 apartment homes in 177 properties. Camden has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for 17 consecutive years, most recently ranking #24. | | View Today's Stock Pick |
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