Good MorningThe markets continue to drift higher in the face of rising risks. The S&P 500 advanced about 0.25% on Wednesday and set another new all-time high. The move was bolstered by a better than expected durable goods figure that points to continued economic expansion in the second half of the year. Among the day’s leaders are hospitality and leisure stocks which gained from 1% to 7% in the wake of Johnson&Johnson’s COVID vaccine approval. Chipmakers were also among the days leaders after a wave of good news from within the sector.
Market action may begin to heat up on Thursday as traders get ready for Jerome Powell’s keynote speech on Friday. The speech, delivered to the Jackson Hole Conference, may shed light on the Fed’s next steps. If the Fed chief can reassure the market the FOMC has inflation under control it could be “off to the races” for the stock market.
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Markets | |
My husband and I have tussled over whether to have him contribute to a traditional 401(k) or Roth 401(k) more times than I can count.
"We'll be in a lower tax bracket when we retire."
"Who knows what the government will do by then?"
Does anyone else have these uh… fun discussions?
Roth... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Medical | | If you are looking for a sector in the market that has been delivering strong performance this quarter, is not tied to the booms and busts of economic cycles, and has plenty of room to grow over the years, the medical devices sector deserves your attention. These are companies seamlessly combining t... Read the Full Story |
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Consumer Discretionary | | Digital video fitness and self-improvement lifestyle platform operator Gaia (NASDAQ: GAIA) stock has been selling off as the reopening trend continues to gain steam. The provider of digital subscriptions for its yoga, transformation, alternative healing and awareness services, and online community h... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Markets | |
Nordstrom Fails To Impress The Market With Q2 Results
Don't get us wrong, Nordstrom (NYSE: JWN) had a great quarter just one that failed to impress when compared with the industry peers. While strong tailwinds continue to blow through the industry, consumers have voted with their dollars and thos... Read the Full Story |
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Consumer Discretionary | | Speaker and audio products maker Sonos, Inc. (NASDAQ: SONO) stock has been a strong performer in 2021 as it rides multiple tailwinds to new highs. The maker of home audio products has been on a tear as a near-perfect storm of tailwinds produced extensive top and bottom line gains. The Company was a ... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Retail/Wholesale | |
Dick's Sporting Goods Rockets Higher On Blowout Results
Dick's Sporting Goods (NYSE/DKS) is a pandemic winner that just keeps on winning. The company reported a grand slam quarter in which top and bottom-line results beat the consensus, the company raised its guidance, and a respectable special d... Read the Full Story |
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Retail/Wholesale | |
Another Good Quarter For Advance Auto Parts
Advance Auto Parts (NYSE: AAP) gave the market almost everything it could want with the Q2 earnings report, including a buying opportunity. Price action fell in pre-market trading but buyers were ready to scoop up the bargains and have sent driven share... Read the Full Story |
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Markets | | You may be a victim of the psychological phenomenon of loss aversion without even realizing it.
Have you ever wanted to guard your money instead of "risking it" in the markets? Have you ever held onto stocks even though they're major losers and unlikely to come back — all because you can't st... Read the Full Story |
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Markets | |
Rent-to-own retailer Rent-A-Center (NASDAQ: RCII) is working on a first-stage base after resetting its base count in June.
The stock is forming a textbook cup-with-handle pattern. At this juncture, a potential buy point is above the handle’s high of $65, reached on August 13.
Shares are ... Read the Full Story |
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Consumer Discretionary | | One could argue that investors are currently experiencing the golden age of growth investing. With so many exciting new companies to choose from and plenty of businesses delivering rapidly accelerating earnings or sales growth, market participants are almost spoiled for choice when it comes to findi... Read the Full Story |
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The Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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