Good MorningA roller-coaster week for stocks ended Friday with all the major indexes finishing in the red. Is this a sign of a larger selloff or just normal end-of-the-month volatility? That will be for investors to decide as the calendar flips to August.
The new month will give investors a chance to re-evaluate their holdings and perhaps go fishing for bargains on quality stocks that are on sale. And they’ll have plenty of new data to consider. The beginning of the month brings a full slate of earnings reports along with data on retail sales, consumer confidence, and the producer price index.
The week comes to an end with the jobs report on Friday. The expectation is for a Goldilocks report that is better than July but not as good as June.
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Markets | | Semiconductor stocks are becoming bellwether stocks of the ongoing digital revolution. And while they may not garner the headlines of other chipmakers, Intel and Texas Instruments are frequently analyzed together for investors looking for value stocks. That being said is either stock a better value at the moment? It may be as simple as understanding supply and demand. Read the Full Story |
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From Our Partners | | Bitcoin just passed Amazon in total market cap — but most investors are missing the bigger opportunity.
While the crowd buys Bitcoin outright, trader Larry Benedict is using a method called “Bitcoin Skimming” to target 6x, 9x, even 22x bigger profits. He reveals how it works in a free video. | Watch the Bitcoin Skimming strategy here |
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Markets | | Now that most of the mega-cap technology names have reported their earnings, many investors are trying to determine what’s next for the market. Will we see money rotate out of FAANG stocks and into some of the beaten-up value and cyclical names? Are we going to see some volatility given that m... Read the Full Story |
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Markets | | Global stocks started the week higher Monday, even as China reported a slowdown in manufacturing activity and countries continued to be hammered by the delta variant.
Investors were spurred by encouraging earnings on Wall Street, which recently wrapped up another strong month. The S&a... Read the Full Story |
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Markets | | Asian stocks started the week higher Monday, even as China reported a slowdown in manufacturing activity and countries in the region continued to be hammered by the delta variant.
Tokyo’s Nikkei 225 jumped 1.8% to close at 27,781.02, while the Kospi in Seoul rose 0.6% to 3,221.40. The... Read the Full Story |
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Tech | | Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a “buy now, pay later’’ option for merchants, in an all-stock deal valued at about $29 billion.
Square allows retailers to process credit card transactions using devices that plug into tablets ... Read the Full Story |
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From Our Partners | | We’ve got seven great summertime plays for you. These stocks are in a prime position to reward your portfolio… especially if you take action before summer is in full swing!
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Markets | | Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in windswept West Texas. The corroded skeletons are all that remain of hundreds of abandoned oil wells that were drilled long before her family owned the land. The wells, unable to produce any useful amounts of oil or gas, w... Read the Full Story |
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Markets | | Walmart is requiring that all workers at its headquarters as well as its managers who travel within the U.S. be vaccinated against COVID-19 by Oct. 4.
The retailer based in Bentonville, Arkansas, is also reversing its mask policy for its employees working in stores, clubs, distributio... Read the Full Story |
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Markets | | We have been fond of KLA Corporation (NASDAQ: KLAC) for several years. The company is fundamental to the microchip industry as a manufacturer and servicer of the equipment with which microchip wafers are made and that can be seen in the quarterly results. Read the Full Story |
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Markets | | The much-awaited Q2 earnings of Facebook (NASDAQ: FB) hit the wire shortly after the bell rang to end Wednesday’s session. With shares of the social media giant have hit fresh all-time highs in the run-up to the release, Read the Full Story |
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Markets | | Yum Brands (NYSE: YUM) reported second-quarter results that beat Wall Street’s views and sent shares more than 6% higher Thursday. The company said sales at Taco Bell, KFC and Pizza Hut exceeded pre-pandemic levels. Read the Full Story |
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The Early Bird Stock Of The Day TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices. The company also operates www.xueersi.com, an online education platform; provides investment management and consulting services; develops and sells software and networks, as well as related consulting services; and sells educational materials and products. It offers its services under the Haoweilai and Think Academy brands. TAL Education Group was founded in 2003 and is headquartered in Beijing, the People's Republic of China. | View Today's Stock Pick |
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