Good MorningThe earnings-driven rebound in equities continued for a third day on Thursday with the S&P 500 gaining about 0.2% at the end of the day. While fears of systemic shortages and Rising inflation have been stoked, the over-reaching theme of the season is that results are better than expected and guidance is being raised. With the absolute peak of the earnings season set to begin next week, it looks like the indices will move up to set new all-time highs within days.
The market's mettle will be tested in more ways than one next week. Along with the deluge of earnings reports are a raft of economic releases including the monthly personal income and spending data. Within the personal income and spending, data is the PCE price index, the Fed's preferred tool for measuring inflation. The third month of hotter than expected inflation may not send the market reeling but it will raise the stakes for market bulls.
Featured: Elon’s big $266,000 per second purchase (Ad) 
|
Technology | | Since consolidating their 2020 gains in the first quarter of this year, shares of Facebook (NASDAQ: FB) have gone on to launch a fresh rally that’s still building up to full steam. The $1 trillion social media giant has seen its stock tack on a solid 40% since early March, and it’s only ... Read the Full Story |
|
From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
|
Transportation | |
It’s more common for long-term investors to rely on fundamental or quantitative analysis—or some combination thereof. But that doesn’t mean technical analysis can’t also be used to guide a buy-and-hold strategy.
One of the most popular way to use technical analysis is to l... Read the Full Story |
|
Transportation | |
Shares of Southwest Airlines (NYSE: LUV) finished lower Thursday after the Dallas-based company reported earnings of $0.57 per share on revenue of $4 billion. Revenue beat analysts’ views.
The stock closed at $51.29, down $1.84 or 3.46%.
In its earnings release, Southwest noted that net i... Read the Full Story |
|
From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
|
Markets | |
Did you become one of the participants during the Great Resignation, a mass exodus of workers leaving their current jobs? The career website Monster found that a whopping 95% of workers will consider changing jobs. On the other hand, Microsoft research found that 41% of the global workforce has co... Read the Full Story |
|
Retail/Wholesale | | Luxury consumer apparel and accessories producer Tapestry (NYSE: TPR) shares have been in a sharp sell-off along with the rest of the retail apparel makers despite the strong retail sales report. The maker of high-end Coach brand products is suffering from a sector-wide sell-off despite indices hitt... Read the Full Story |
|
From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
|
Technology | | The payments landscape is evolving at a truly astonishing pace, and a company like Square (NYSE:SQ) is at the forefront of its innovation. Whether it's providing cutting-edge payment and point-of-sale solutions to merchants or offering consumers an easy way to handle their financial transactions wit... Read the Full Story |
|
Consumer Discretionary | |
Whirlpool Corporation (NYSE: WHR) stock is dropping the morning after reporting strong earnings after the market closed on July 21. In addition to posting a beat on the top line (5%) and bottom line (10%), the Michigan-based appliance manufacturer raised its guidance for the rest of the year.
Y... Read the Full Story |
|
Retail/Wholesale | |
Genuine Parts Company Is A Value For Dividend Growth Investors
In the quest for value, investors should not discount Genuine Parts Company (NYSE: GPC). It is not a lightly valued stock at 21X this year's earnings and 19X next year's earnings but it is one of the higher quality dividend growth sto... Read the Full Story |
|
Retail/Wholesale | |
Nothing Not To Like In Domino’s Second Quarter
Shares of Domino's Pizza (NYSE: DPZ) look ready to continue what has been a very strong uptrend. The second-quarter results were everything the market could ask for and more including growth, better-than-expected results, positive comps vs 201... Read the Full Story |
|
Medical | |
Abbott Laboratories Growth Outlives Pandemic Surge
Abbott Laboratories (NYSE: ABT) is a highly valued stock trading at 27X this year's consensus target and 25X next year's consensus EPS estimate but remember, you get what you pay for. In this case, Abbott Laboratories has proven time and time ag... Read the Full Story |
|
The Early Bird Stock Of The Day Crown Holdings, Inc., together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures. It also provides manual, semi-automatic, and automatic equipment and tools to apply and remove consumables, such as straps and films; protective solutions, including airbags, edge protectors, and honeycomb products; and steel and plastic consumables include steel strap, plastic strap, industrial film, and other related products. The company serves food industries, including pet food, personal care, household, and industrial products. Crown Holdings, Inc. was founded in 1892 and is headquartered in Yardley, Pennsylvania. | | View Today's Stock Pick |
|
