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.
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Finance | |
Nelnet (NYSE: NNI), UBS Group (NYSE: UBS) and Aegon (NYSE: AEG) are value stocks currently trading at low multiples, relative to many faster-growing equities
It may surprise you, but historically, value stocks have outperformed growth.
There’s actually something called the “value ... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Real Estate | | Upscale hotel real estate investment trust (REIT) Ashford Hospitality Trust (NYSE: AHT) stock has been performance well on the pandemic recovery but took a severe sell-off upon the a 1-for-10 reverse stock split announcement. The sell-off is providing opportunity pullback opportunities for speculati... Read the Full Story |
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Finance | | The world of private equity can be a bit intimidating for retail investors, as it's an area of capital markets that doesn’t get much exposure in the media. A lot of this has to do with the fact that private equity funds are typically only available to accredited investors that are willing to i... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Technology | |
More Reason Thann Ever To Buy Semiconductors
If you think the semiconductor trade is starting to get crowded you are probably right. Money is flowing into the semiconductor stocks. The Semiconductor Index (NYSEARCA: SOXX) is up more than 160% since hitting its March 2020 bottom and looks like it'... Read the Full Story |
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Real Estate | |
Investors who are looking for evidence of “transient” inflation may point to the lumber industry. In 2020 and the first five months of 2021, lumber prices increased dramatically. This was a straightforward case of a supply-demand imbalance.
Timber companies had to work through labor... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Technology | | Risk happens fast in today’s market, especially thanks to the rise of high-frequency algorithmic trading. Thursday’s trading session is a good reminder that when the market rallies for weeks, it’s more susceptible to sharp downturns that can catch market participants off-guard. Whi... Read the Full Story |
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Finance | | Visa (NYSE:V) is quickly earning the reputation as a classic buy-on-the-dip stock. The payment technology company most recognized for their credit cards of the same name is up 8% for the year and over 23% in the last 12 months.
But that’s not telling the full story. If you had bought and he... Read the Full Story |
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Consumer Discretionary | | E-commerce and mobile gaming platform giant Sea Limited (NYSE: SE) stock has been a massive pandemic benefactor rising over 5X off its pandemic lows. The question for this Singapore-based digital entertainment giant is how much of the growth will stick. The Company has experienced tremendous growth ... Read the Full Story |
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Consumer Discretionary | | Good News Is Bad News For Helen of Troy
Helen of Troy (NASDAQ: HELE) is a very well-positioned company for the pandemic. The company makes all manner of consumer products for the home and lifestyle and has seen double-digit sales increases over the past year. Oddly, the calendar second-quarter res... Read the Full Story |
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Consumer Staples | |
A Game-Changing Year For WD-40 Company
WD-40 Company (NASDAQ: WDFC) may seem like an odd winner from the pandemic but it is. The company was in the midst of a major operational overhaul when the pandemic struck and was set up perfectly for stay-at-home trends. Now, more than a year later, the co... Read the Full Story |
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The Early Bird Stock Of The Day Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial. The Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, and residual oil to home heating oil and propane retailers and wholesale distributors. This segment also transports the products by railcars, barges, trucks and/or pipelines. Its Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. The Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Global Partners LP was founded in 2005 and is based in Waltham, Massachusetts. | | View Today's Stock Pick |
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