Good MorningEquity Traders shrugged off an unbelievable sixth month of hotter than expected inflation on Friday to confirm support at the short-term moving average and a key uptrend line. The Producer Price Index came in at up 0.7% for the month of August and 8.3% over last year marking the fastest pace of inflation gains in several decades. With the FOMC seemingly out of touch with reality, investors and consumers should brace for the prices of all goods to continue trending higher.
This week, the focus will be on the economic data as there are half a dozen or more key reports on the calendar. Topping the list is the August read of the Consumer Price Index, a report expected to show another acceleration in consumer prices as well. The good news for investors, at least for now, is that consumer prices are outpacing producer prices and that is helping too wide margins for the S&P 500.
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Technology | |
Zscaler Is The Right Solution For A Growing Problem
Zscaler (NASDAQ: ZS) was among the most perfectly positioned companies for the pandemic. The company’s zero-trust approach for today’s cloud-based and IoT-connected networks has proven to be highly successful and is sustaining a high... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Industrials | | Solar energy systems and solutions provider SunPower (NYSE: SPWR) stock has been beaten up losing more than half its value since the start of 2021. The provider of solar energy solutions to residential, commercial, and enterprise segments is growing its business well, just not as well as analyst exp... Read the Full Story |
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Markets | | Data storage solutions company Seagate Technology (NYSE: STX) stock has had a stellar 2021 peaking out at $106.22 in May but shares have fallen back to reality in the mid $80s. The makers of legacy hard drives (HDDs) and flash drives is seeing robust demand for storage thanks to the unrelenting need... Read the Full Story |
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From Our Partners | | TradeSmith CEO Keith Kaplan warns that AI's rapid rise has a dark side, threatening American jobs and livelihoods. He says now is the time to prepare before August 31st.
TradeSmith has invested $17 million in AI tools and built a platform used by 180,000 traders worldwide. One user, Stephen, credits it with building a $2.95 million retirement portfolio. | | See where Kaplan says to move your money before August 31st |
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Markets | | Denbury (NYSE: DEN), which went public for the second time a year ago, following a restructuring, has been etching a base since late June. It's now forming a handle below a potential buy point of $75.20.
Denbury is an independent oil and gas company with operations mainly in the Rocky Mountain and ... Read the Full Story |
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Consumer Discretionary | |
Short-Sellers Fail To Set New Low In Zumiez, Inc
Price action in Zumiez (NASDAQ: ZUMZ) was volatile in the wake of the Q2 report but one thing is evident. There are bulls present at the $37.75 level and they are buying up the stock. While price action was volatile and closed at the low of the se... 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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Markets | | Usually, a solid earnings beat across the board would be enough to send a stock rallying higher, but not so for Activision Blizzard (NASDAQ: ATVI). The video game-making giant comfortably beat what analysts had been expecting for their Q2 earnings last month, but their shares are still trading below... Read the Full Story |
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Finance | | Being able to identify market leaders as they emerge is one of the best skills for traders and investors to work on developing. It’s a tactic that keeps you focused on only owning the best of the best in the market in order to maximize your gains and take advantage of institutional buying whic... Read the Full Story |
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Materials | |
Lithium stocks have been some of the most volatile in 2021. One reason for this is their use in the production of lithium-ion batteries, which remain the dominant battery style for electric vehicles (EVs). However, for a number of reasons, including the global chip shortage, the EV revolution is s... Read the Full Story |
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Markets | |
A Game-Changing Year At Academy Sports+Outdoors, Inc
If you are looking for a short squeeze to take advantage of Academy Sports + Outdoors, Inc (NASDAQ: ASO) might be a good target. If you're just looking for a good investment Academy Sports + Outdoors, Inc is also a good target. Data from Market... Read the Full Story |
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Markets | | Have you ever leaned toward your coworker's desk and said, "Psssst. Hey, how much do you save for retirement and what're you invested in?"
When you're working with people who have the same retirement options as you, it's natural to feel curious about what everyone else is doing. Seems innocent, rig... Read the Full Story |
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The Early Bird Stock Of The Day Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services. It also provides deposit accounts, analyzed accounts, commercial card, SBA and business loans, packaged solutions, and merchant services; liquidity and investments, working capital, international trade and payment, and treasury and credit products; and commercial real estate, homebuilder and community, and mortgage finance. In addition, the company offers payables and receivables management; online and mobile banking; term loans and lines of credit, equipment finance and lease, acquisition finance, and asset-based lending; private wealth advisory solutions; and checking and savings accounts, debit and credit cards, and certificates of deposit, as well as ETF and funds management services. Further, it provides financial institution money market accounts and loan syndication products; commercial loans for financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending services; treasury management, trust, and advisory and escrow services; and letters of credit. The company operates in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas. | | View Today's Stock Pick |
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