Good MorningEquity markets bounced back strongly on Friday after a turbulent week. The rising threat of inflation was offset, however, by the rising promise of earnings in the 3rd and 4th quarters of the year. Not only did the second-quarter earnings cycle produce much stronger than expected growth but the consensus figures for the back half of the year continue to rise on strength in the retail sector. If this trend continues the S&P 500 should continue to set new all-time highs.
The hurdle for the market this week is the PCE Price Index on Friday. The index is expected to show a rise in consumer-level inflation but at a slower pace than the previous month. If the data exceeds expectations like the recently released Producer Price Index the market could be in for a little more turbulence before the next new highs are set.
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Markets | |
Gee, it's hard to turn the other way when Mark Cuban says something about Dogecoin. Or, heck, your ears might perk up when your brother-in-law purchases a rental property and says, "You gotta get in the real estate game!"
Did you invest in GameStop or AMC earlier this year when your neighbor brag... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Markets | |
The U.S. mid-cap space is a great place to find companies that are benefitting from the economic recovery.
Unlike their large-cap counterparts, mid-caps tend to be less mature and therefore have longer growth runways. And whereas small caps typically carry high levels of risk, mid-caps tend to be... Read the Full Story |
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Real Estate | | If you’ve ever wanted to invest in real estate without actually having to own physical property or act as a landlord, Real Estate Investment Trusts, or REITs, should definitely be on your radar. These are investment vehicles that offer exposure to certain areas of the real estate market, provi... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Real Estate | | Residential real estate digital sales platform Opendoor Technologies (NASDAQ: OPEN) stock is turning the corner and staging a comeback after selling off for months. The Company came public via a reverse merger with a special purpose acquisition company (SPAC). As shares plummeted towards all-time lo... Read the Full Story |
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Consumer Discretionary | |
There Is Upside Risk In Ross Stores Guidance
Ross Stores (NASDAQ: ROST) gave the market nearly everything that it wanted in the Q2 earnings report. Revenue is bouncing back strongly, tailwinds are producing better-than-expected results, and earnings leverage is back in the picture. The only thing... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Consumer Discretionary | | It’s no secret that many Chinese stocks have been under significant pressure for the past six months. Despite most of the big names rallying through 2020 and continuing to soar to all-time highs in the early months of this year, it’s been nothing short of brutal since. The big driver beh... Read the Full Story |
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Technology | | Chip designer Broadcom (NASDAQ: AVGO) slipped this week, although it continues to trade above its 200-day moving average. Since early March, the stock has been forming a flat base and is 13% above its May 12 structure low of $419.14.
Its current consolidation takes Broadcom out of the running for ... Read the Full Story |
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Consumer Discretionary | |
On August 19, Bath & Body Works (NYSE: BBWI) delivered its first earnings report since separating from Victoria’s Secret (NYSE: VSCO). Bath & Body Works and Victoria’s Secret were the two signature brands that comprised the company formerly known as LBrands.
Many analysts wer... Read the Full Story |
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Industrials | | Precision ball bearings manufacturer RBC Bearings (NASDAQ: ROLL) stock has been on a tear in 2021 as the reopening gets underway. Bearing are used in all kinds of products ranging from aircraft, engines, renewable energy, turbines, aerospace and satellite systems and industrial products. Clients inc... Read the Full Story |
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Markets | |
Do you have a junk drawer, garage, pantry, or closet that begs for reorganization?
I'm pretty sure that if I took a photo of my pantry for the world to see, most people would either say, "Yep, that's what mine looks like," or "Um, gross. Do you ever clean?" (We found a bag of rotten potatoes in ... Read the Full Story |
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The Early Bird Stock Of The Day Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. The company was incorporated in 1981 and is headquartered in Andover, Massachusetts. | | View Today's Stock Pick |
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