Good MorningThe equity markets got off to a shaky start this week with the S&P 500 falling more than one-half of a percent at the low of the day. The move was sparked by a growing concern the best of the post-pandemic recovery has already been priced into the market. With the second-quarter earnings season fast approaching the risk for the market is that results will not be as good as expected.
Data from The Institute of Supply Management helped to sour the sentiment on Tuesday. The ISM Services index fell to a reading of 60.1 compared to the expectation of 63.3 and gives evidence of slowing activity within the economy. While positive, the fact economic activity is slowing could have a serious impact on earnings in the second half of the year
Featured: The case for trading fewer setups, not more (Ad) 
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Medical | | The healthcare industry was on a strong growth trajectory prior to the pandemic, and that growth has been accelerated substantially over the last year given the circumstances. Some examples of how the sector is receiving a boost include booming demand for medical testing equipment, increasing adopti... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Retail/Wholesale | |
It's Been A Hot Year For IPOs
You know it's been a good year for the market because it's been a great year for IPOs. With stock valuations as high as they are, there've been record numbers of companies coming to market to cash in. The companies we’re highlighting today IPO’d within th... Read the Full Story |
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Markets | | Mattress and sleep products maker Casper Sleep (NASDAQ: CSPR) stock is slow grinding down as shares continue to sell-off despite raising its Q2 2021 top-line estimates. The maker of direct-to-consumer (DTC) sleep products is improving its supply chain issues as it looks to parlay its pandemic gains ... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Finance | |
An Upgrade May Not Be Enough To Lift American Express
The financial sector including American Express (NYSE: AXP) is expected to be one of the hottest sectors in the second-quarter earnings reporting season. The analyst consensus targets have been rising steadily since the start of the quarter an... Read the Full Story |
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Technology | |
One potential indicator of a stock’s future performance is the level of stock that insiders are buying. In this context, an insider is an employee of the company, usually, a high-level executive (e.g. CEO, CFO, COO) or it can be a hedge fund that is providing capital. Their access to non-pub... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Finance | | Virtualization and data management company Sphere 3D (NASDAQ: ANY) stock spiked on the announcement of merging with bitcoin miner Gryphon Digital Mining in Q3 2021. The virtualization, HVE converged and hyper-converged infrastructure solutions provider is jumping on the bitcoin bandwagon with a twis... Read the Full Story |
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Energy | |
$100 Oil is A Real Possibility
With the OPEC+ talks on the skids, oil prices have begun to creep higher again. The biggest expectation from this meeting was for the cartel to agree to an incremental production increase that would add 200 million BPD to supply by the end of the year. In light of t... Read the Full Story |
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Technology | |
These 3 Micro-Caps Are On Watch For Explosive EPS Growth
Microcaps can be attractive for many reasons. One reason is that micro caps can experience explosive growth and turn into small-caps and mid-caps but not all micro caps are destined for such glory. Some microcaps, like the ones we have toda... Read the Full Story |
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Finance | |
What To Expect From The Second-Quarter Earnings Cycle
With the S&P 500 (NYSEARCA: SPY) second-quarter earnings cycle already underway now is a good time to get a grip on what to expect during peak season. So far 18 S&P 500 companies have reported their earnings with 15 of them outpacing t... Read the Full Story |
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Technology | | It’s been a rollercoaster few weeks for the Micron (NASDAQ: MU) team. The Idaho headquartered chip maker has found itself becoming the rope in a tug of war between the bulls and the bears in more ways than one, as shares continue to consolidate and trade sideways. Let’s take a look at so... Read the Full Story |
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The Early Bird Stock Of The Day PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West brand names. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia. | | View Today's Stock Pick |
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