Good MorningThe S&P 500 moved up to set a new all-time high on Friday after weaker-than-expected inflation data relieved the fear of inflation. The core PCE price index grew at 0.5% month-over-month, a tenth slower than expected despite signs of rapidly rising prices elsewhere in the economy. The bad news is that, on a year-over-year basis, core consumer-level inflation accelerated to 3.4% and shows no sign of slowing.
This week the market will be focused on the labor data. There Is a raft of labor data due out throughout the week with the most important on Friday. Friday is the non-farm payrolls report, a report that has left much for the market to desire in the past two readings. Another month of weak job creation may not be enough to derail the rally but it will add to the wall of worry. A much-weaker than expected report could derail the rally.
Featured: Move Your Money Here Before August 31st (Ad) 
|
Markets | | Videogame maker and interactive entertainment content producer Activision Blizzard (NASDAQ: ATVI) stock is trading at the low end of a 10-point consolidation range. The pandemic was a powerful tailwind as stay-at-home mandates caused a surge in gaming. Investors are nervous about the reversion effec... Read the Full Story |
|
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 |
|
Energy | |
Chevron (NYSE: CVX) and Verizon (NYSE: VZ) are two mega-cap S&P 500 stocks that have been increasing dividends over the past several years.
Although price appreciation gets the most attention from investors and the financial media, you shouldn’t overlook dividends as an important sourc... Read the Full Story |
|
Consumer Discretionary | | Investing in companies listed on the NASDAQ exchange provides an opportunity to add some of the best and brightest companies in the world to your portfolio. Many of the 2,500 companies listed on the NASDAQ Composite are trendy and tech-centric businesses that have immense upside potential. However, ... Read the Full Story |
|
From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
|
Markets | |
This week, the market was waiting to hear from Federal Reserve chairman Jerome Powell on the state of inflation. The Fed chair says there’s nothing to worry about and the markets liked that. Whether they should is a point that’s open to debate. What is not open to debate anymore is the... Read the Full Story |
|
Markets | |
You're allocated, diversified and saving 10% or more for retirement. You (or your robo-advisor) have the rebalancing thing down pat.
But you're a little bored. Life isn't all that exciting. And when Bobby next door makes money in some obscure cryptocurrency, you might feel a little, well, put out... Read the Full Story |
|
|
Industrials | |
FedEx Pulls Back On Strong Results And Outlook
Both FedEx (NYSE: FDX) and Nike reported strong earnings this morning. The difference is that where Nike’s strength was not expected and drove shares higher, FedEx's strength was more or less expected by the market if not predicted by the cons... Read the Full Story |
|
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 |
|
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 |
|
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 |
|
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 |
|
The Early Bird Stock Of The Day Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas. | | View Today's Stock Pick |
|
