Good MorningIt took a day for reality to sink in but the market reacted to the minutes from the last Fed meeting. The key takeaway is that the Fed is talking about tapering, the only question is when they will begin. Based on the chatter it looks like the bias is sooner rather than later. The S&P 500 fell more than 1.5% at the low of the day on Thursday but managed to bounce back and regain half the losses by the close.
If the market can't regain its footing on Friday we could be in for more losses. The next target for key support Is still more than 1.5% below the current price action and the next major catalyst for the market will be earning season. That begins the next week with reports from the big banks. While the results will be important what the market wants to see are increased share buybacks and big dividend increases.
Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Consumer Discretionary | | Retail department store chain Macy’s (NYSE: M) stock is becoming more discounted value play with a forward P/E under 9 despite blowing out all expectations in its fiscal Q1 2022 earnings report. The Company has truly transformed itself during the pandemic into a digital retailer as it grew its... Read the Full Story |
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Consumer Discretionary | | Iconic donut brand Krispy Kreme (NASDAQ: DNUT) stock has again become listed as a publicly traded company after being acquired in 2016 by JAB Holdings for $1.35 billion. Old-timers recall when Krispy Kreme under the symbol KKR was one of the precursors to the meme stocks as shares soared to triple d... Read the Full Story |
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Consumer Discretionary | | Levi Strauss (NYSE: LEVI), Smart Global Holdings (NASDAQ: SGH) and The Greenbrier Companies (NYSE: GBX) all gapped higher after reporting quarterly earnings.
While that’s the ideal scenario you’d like to see in a stock you own, it’s not always clear how to handle a stock prior to... Read the Full Story |
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Consumer Staples | |
When it comes to "conscience-based" investing, you might find it a little confusing to understand the exact differences between environmental, social, and corporate governance (ESG) investing, socially responsible investing (SRI), and impact investing. Aren't they pretty much the same thing?
No,... Read the Full Story |
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Consumer Discretionary | | Haptic technology products provider Immersion (NASDAQ: IMMR) stock appears to have fallen under-the-radar even as they raised their guidance. Haptic technologies involve touch-based sensors to engage in experiences and applications. These can range from mobile communication products like smartphones... Read the Full Story |
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From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
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Consumer Discretionary | | This year, investors have been treated to some truly fascinating market moves. The pandemic continues to impact which sectors receive the most inflows from week to week, and the majority of rotations occurring are both quick and fierce. Although there is still uncertainty regarding the economy and n... Read the Full Story |
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Energy | |
Chevron (NYSE:CVX) is up nearly 22% in 2021. And that accounts for almost the entire 25.25% stock price gain in the last 12 months. Of course, 2020 was one of the most challenging years for a sector that doesn’t have many years that lack volatile twists and turns.
And in addition to the st... Read the Full Story |
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Technology | |
What's a winning combination that measures a company's strength?
The answer is: High return on equity and low debt.
Let's start with return on equity, a key measure of a stock's health. It indicates how much profit a company generates for every dollar invested. To derive the return on equity, ta... Read the Full Story |
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Markets | |
Stocks are finishing the week on a positive note. The major indexes continue to break records on a seemingly daily basis. On the other hand, the yield on the 10-year Treasury notes is set for one of its largest weekly slides in a year. Not surprisingly, gold and cryptocurrency prices were meanderi... Read the Full Story |
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Consumer Discretionary | |
Wyndham Hotels & Resorts (NYSE:WH) has been a recovery stock winner. In the last 12 months, WH stock is up 66% and through the first half of 2021, it’s up nearly 20% (19.88 as of this writing). However, the travel and tourism sector continues to face a couple of notable headwinds.
Fir... Read the Full Story |
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The Early Bird Stock Of The Day Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, aseptic fill finish; single-use hardware and consumables and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services; and healthcare filtration solutions. The Life Sciences segment provides mass spectrometers; flow cytometry, genomics, lab automation, centrifugation, liquid handling automation instruments, antibodies and reagents, and particle counting and characterization; microscopes; protein consumables; industrial filtration products; and genomic medicines, such as custom nucleic acid products, plasmid DNA, RNA, and proteins under the ABCAM, ALDEVRON, BECKMAN COULTER, IDT, LEICA MICROSYSTEMS, MOLECULAR DEVICES, PALL, PHENOMENEX and SCIEX brands. The Diagnostics segment offers chemistry, immunoassay, microbiology, and automation systems; and molecular, acute care, and pathology diagnostics products. This segment also provides clinical instruments, reagents, consumables, software, and services for hospitals, physicians' offices, reference laboratories, and other critical care settings. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is based in Washington, the District of Columbia. | | View Today's Stock Pick |
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