Good MorningU.S. equity markets shrugged off concerns about the Delta variant and a move in China to crack down on gaming companies. All three major indexes finished at or near record highs. The catalyst continues to be corporate earnings that are exceeding expectations for the most part.
Factory orders came 1.5% higher in July. That was down from the 2% gain in the prior month but it was better than expected. And in this market, that’s enough to get stocks moving higher.
Energy stocks also got a boost as crude oil rallied from early losses. And the 10-year Treasury note also closed lower at 1.17 percent, but it had been as low as 1.15 percent earlier in the session.
Markets will continue to be volatile as markets await the all-important jobs report on Friday.
Featured: The case for trading fewer setups, not more (Ad) 
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Markets | |
Feeling kind of sick these days? (And it has nothing to do with airborne viruses?) It might have everything to do with how well you feel financially.
According to research conducted by Personal Capital, "financial wellness" can affect your overall health. Personal Capital's research found that 7... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Markets | |
Although U.S. stock indices continue to climb to new record highs, not all stocks have participated in the rally. In fact, some have trended lower for a variety of reasons from poor financial results to selling pressure applied by doubtful sellers.
Still, with most stocks trending higher along wi... Read the Full Story |
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Markets | |
On the face of it, Marriott International (NYSE:MAR) gave investors a great earnings report. The company posted a resounding beat on earnings and more than doubled its year-over-year revenue; although falling slightly short of analysts’ expectations.
And for a moment, MAR stock looked like... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Construction | | One of the great things about investing is that there are countless opportunities to add quality companies to your portfolio regardless of your account size and budget. Anyone can grow their equity curve with proper planning and an eye for businesses that could be undervalued, and looking at stocks ... Read the Full Story |
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Retail/Wholesale | | Fast-casual restaurant chain Denny’s, Inc. (NASDAQ: DENN) stock has been in a steady downward spiral since peaking off it $19.99 post-pandemic peak. Restaurant stocks are facing the fear of more regional capacity and lockdowns on fears of the rapidly spreading Delta variant of the COVID-19 vir... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Utilities | |
Investors don’t often think about a utility stock providing a five-year stock price gain of 107%. But if you had bought and held shares in American Water Works (NYSE:AWK) five years ago, that’s the gain you would be sitting on.
To put that into perspective, Duke Energy (NYSE:DUK) a r... Read the Full Story |
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Technology | | By the time the bell rang to end Monday’s session, shares of fintech giant Square (NYSE: SQ) were up more than 10% on the day after coming within $3 of hitting an all-time high. This latest pop comes off the back of a multi-week rally which has seen the stock surge close to 50% in little more ... Read the Full Story |
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Markets | |
Betterment. Wealthfront. Dozens of robo-advisors litter the financial landscape.
Robo-advisors have been touted as the best option for those just starting out investing. They're heralded as some of the lowest-cost options that can hone in on your exact needs and risk tolerance with the accuracy o... Read the Full Story |
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Technology | |
Last week Apple (NASDAQ: AAPL) reported another strong quarter that confirmed business conditions are healthy in a strengthening global economy.
However, management’s forecast for slowing growth in the current period and lack of guidance spooked some investors. Apple stock retreated from it... Read the Full Story |
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Technology | | Although many semiconductor stocks have rallied substantially in 2021, with the way these companies are delivering such strong earnings they could end up looking like bargains at current price levels by the end of the year. Consider the fact that widespread shortages could last well into the next ye... 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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