Good MorningEquity markets shrugged off the minutes from the last FOMC meeting in favor of the earnings outlook. The minutes revealed the FOMC has begun talking about tapering and cutting off stimulus but has yet to decide on how or when to begin. The S&P 500 advanced more than 0.25% to set a new all-time high and will likely set more new highs in the weeks to come.
It's still very early in the earnings season but so far the results have been very good. The few S&P 500 companies that have reported have largely beaten their consensus estimates for revenue and earnings growth pointing to a much better than expected reporting season. Moving forward, assuming this trend continues, the S&P 500 could continue moving higher into the end of the year.
Featured: SAGA Metals nears a key milestone in critical minerals race (Ad) 
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Markets | | Specialized payments platform Paysafe (NYSE: PSFE) stock has been in a downtrend since its debut as a reverse merged SPAC business combination on March 31, 2021. The hype about its piece of the iGaming pie has worn off as revealed in its initial earnings release as a publicly-traded company. Howeve... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Technology | | The HeadHunter Group (NASDAQ: HHR), ChipMOS Technologies (NASDAQ: IMOS) and Ternium (NYSE: TX) are top-performing American Depositary Receipts. These are companies domiciled outside the U.S., but U.S.-based banks issue certificates representing shares in the companies.
American Depository Receipts ... Read the Full Story |
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Technology | | Shares of Silicon Valley giant Apple (NASDAQ: AAPL) closed in on a fresh all-time high this week that reminded Wall Street and Main Street alike of their potency. They’ve been trending upwards since the start of June and have tacked on almost 20% in the month since, with plenty of signs sugges... Read the Full Story |
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From Our Partners | | Trader Chris Pulver says a new SEC document dropping the day-trading limit to $2,000 has created the biggest retail opportunity he has seen in over 30 years.
His strategy targets what he calls Flashpoints - moments when market makers must move billions of dollars on the S-P 500 in a narrow window. Research shows one recent signal would have returned 83.7% in 36 minutes and another 62.8% in 51 minutes.
Lance Ippolito flew to Utah for a full breakdown of the method. | | Tap here to see the complete Flashpoint trading breakdown now |
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Markets | |
The consumer staples sector comprises those companies that manufacture and distribute the items that many of us consider essential for day-to-day life. So it might come as a surprise to you that the sector, in general, is underperforming the broader market in 2021.
After all, weren’t these... Read the Full Story |
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Markets | |
When you get it right, you get it right. You find the right investments that match up to your ESG (environmental, social, and governance) preferences and you invest. You make lots of money and retire with fistfuls of it in each hand (and even more in your investment accounts).
However, the reali... Read the Full Story |
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From Our Partners | | Lance Ippolito spent nearly two decades trading the markets, appearing on MoneyShow, Cheddar TV, CNN Money, and MarketBeat.
His free guide, Options Trading Explained, covers two tickers pros call their secret weapon, Wall Street's daily hidden edge, and a strategy that targets payouts around 4 PM ET.
It also explains how to avoid overnight risk when trading options. | | Download your free options trading guide now |
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Energy | | What does heavy institutional ownership tell us about a stock? It signifies that big investors including mutual funds, pension funds, hedge funds, and private equity firms with tons of resources and money at their disposal are interested in owning a particular name. While high levels of institutiona... Read the Full Story |
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Markets | |
Another Hot Stock For The Pet Care Industry
Rover.com just hit our radar and it has already become a company of great interest to us. The company is a dog-centric platform connecting pet owners with dog services like dog walking, pet sitting, and boarding. What we like about it is that it is a pe... Read the Full Story |
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Communication Services | | Social media influencer marketing platform IZEA Worldwide (NASDAQ: IZEA) stock surged to peak out at $7.45 on Jan. 25, 2021 and has since fallen over (-60%) to provide opportunistic pullbacks for high risk-tolerant speculators. The role of social media influencers on brands is well known. The Compan... Read the Full Story |
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Consumer Discretionary | |
Ugly Duckling Whirlpool Set Up To Shine
JPMorgan just called out Whirlpool (NYSE: WHR) as one of its top picks citing many of the factors that we ourselves see in the stock. Not only is this 2.6% yielding dividend payer undervalued at only 9X its earnings but it is also supported by secular trend... Read the Full Story |
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Markets | |
A Transformational Year For SMART Global Holdings, Inc
SMART Global Holdings (NASDAQ: SGH) is very well positioned as what we think of as the third-tier in the microchip supply chain. first, there are the manufacturers of equipment for making microchips like KLA Corporation, and then there are th... Read the Full Story |
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The Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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