Good MorningEquities pulled back on Thursday on an abundance of caution ahead of two key economic events. Today’s news will bring the latest word on consumer-level inflation in the form of the PCE price index while later in the day remarks from Fed Chief Jerome Powell could influence market sentiment. Mr. Powell is set to deliver the keynote address at the annual Jackson Hole Economic Policy Symposium and could key the market into the Fed’s next move.
Friday action will be influenced by next week’s round of economic data as well. The monthly round of employment data to include the NFP report is due out and could lead the market to further caution. If the market continues to fall it could fall below the key 30-day moving average before finding firm support. In that scenario, a much deeper pullback is all too possible.
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Retail/Wholesale | | The retail industry is definitely one of the most competitive sectors in the market, which means it's imperative to only invest in either the key players or companies that offer something truly unique to shoppers. There’s also the fact that the global pandemic caused a massive shift in the way... 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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Markets | |
U.S. small-cap stocks went toe to toe with large caps last year. Both the Russell 1000 and the Russell 2000 indices returned approximately 18% for investors that rode the ups and downs of the unusual year.
This year the story has been different. Small caps have lagged their bigger brethren with t... Read the Full Story |
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Markets | | Unlike many of their peers in the tech and data industry, shares of Splunk (NASDAQ: SPLK) failed to hold onto most of the gains they earned in 2020. To be sure, they rallied out of the pandemic-fueled crash with the best of them starting in March of last year, posting a 140% jump through August 2020... 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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Technology | |
After two and a half years as a public company, Lyft (NASDAQ: LYFT) has still yet to deliver any profits for early shareholders. Its stock is trading more than 40% below its IPO level—and this is good news for long-term growth investors.
With economic activity starting to pick up, the San F... Read the Full Story |
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Markets | |
Even investors and traders who focus on single stocks can benefit from a portfolio of exchange-traded funds to create a full allocation.
Why is it important to allocate your portfolio? That’s because you may be overweighted in a particular asset class or sector, which can cause steep downd... 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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Markets | |
When you're on a company's payroll, it's usually easy to figure out how much you'll make for the year and whether it comes below the Roth IRA income limit threshold.
Like it or not, the Internal Revenue Service (IRS) limits contributions to a Roth IRA to prevent highly paid workers from benefiti... Read the Full Story |
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Markets | | Industrial sand and metal 3D printer company ExOne (NASDAQ: XOME) stock has reversed its tumultuous downtrend after peaking at a high of $66.48 on Feb. 9, 2021 to collapse to a low of $15.31 on July 27, 2021. The Company released improved earnings and then agreed to be acquired by Desktop Metal (NYS... Read the Full Story |
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Technology | |
Another Blowout Quarter For Salesforce
Salesforce.com (NYSE: CRM) could not be better positioned for the current environment. The company is the leader, the Creator no less, of what we call customer relationship management today. In simple terms, Salesforce.com provides businesses with the tools ... Read the Full Story |
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Medical | |
Medtronic (NYSE: MDT) delivered a double beat on its quarterly earnings call, but after the stock charged ahead on the day of the report, it’s been trading in a range on a significantly lighter volume. With MDT stock approaching its 52-week high, this is usually a time when a stock makes a m... Read the Full Story |
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Medical | |
Shares of Dollar General (NYSE: DG) are down 7% in early trading after the company delivered its second-quarter earnings report. However, based on recent analyst sentiment as well as the general state of the economy, I perceive this to be an overreaction that investors can use as a buy-the-dip opp... 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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