Good MorningEquity markets edged higher on Thursday to set new all-time highs for the S&P 500 index. The broad market index traded within a very tight range following a round of better than expected economic data. The Factory Orders data came in a tenth hotter than expected at 0.4% following last month’s 1.5% increase. The gains suggest slowing activity but continued economic expansion and at a rate greater than forecast.
On the employment front, the weekly jobless claims data came in better than expected and set the lowest level since the pandemic began. The claims data suggests Friday’s non-farm payrolls figure will be good as well. The analysts are expecting more than 700,000 new jobs were created in August, nearly double the amount indicated by the ADP report earlier in the week.
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Consumer Discretionary | | It’s always tricky trying to figure out the best way to position ahead of a company’s earnings report, as these binary events can lead to big moves both up and down for the price of a stock. While it might be tempting to add shares ahead of a release, waiting until after a company report... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Consumer Discretionary | | It’s been nothing short of fascinating to see all of the changes that have occurred in the real estate market since the beginning of the pandemic. Last year, the unfortunate circumstances led to one of the hottest home-buying sprees of all time and created a feeding frenzy of buyers trying to ... Read the Full Story |
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Finance | | It’s easy to find reasons to invest in companies that are based in the United States, as our financial markets contain some of the most innovative and financially secure businesses in the world. With that said, investors are doing themselves a major disservice if they are only focused on addin... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Consumer Discretionary | |
Fairly Valued Five Below Gets Cheaper
Shares of Five Below (NASDAQ: FIVE) entered a correction two weeks ago when Morgan Stanley downgraded the stock to Equal Weight from Over Weight. The reasoning was simple and shouldn’t have sparked the correction it did. According to Morgan Stanley, th... Read the Full Story |
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Communication Services | | Live entertainment operator Live Nation (NYSE: LYV) stock has been a strong 2021 performer as the reopening gets underway with the acceleration of COVID vaccinations. Concerts and live performances were an epicenter segment during the COVID-19 pandemic as capacity restrictions and stay-at-home manda... Read the Full Story |
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From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Materials | |
Tired of the same old, same old? Rather than staring FAANG stocks in the face or monitoring your same portfolio on a daily basis (snore!) you might want to consider some other options to liven up your portfolio.
As with any investment, consider your timeline and risk tolerance. Consider the unde... Read the Full Story |
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Markets | | Subscription health and wellness platform The Beachbody Company (NYSE: BODY) stock has been steadily falling after its three-way business combination on June 25, 2021. The special purpose acquisition company (SPAC) Forest Acquisition Corp was the vehicle for a reverse merger with The Beachbody on De... Read the Full Story |
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Consumer Discretionary | |
A few months from now we’ll be hearing about how retailers fared during the holiday shopping season. Soon thereafter, we’ll learn more details about companies’ financial results during the all-important quarter.
Some investors prefer to receive confirmation of a strong holiday p... Read the Full Story |
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Markets | |
Don’t Choke On Chewy, Inc’s 2Q Results
Chewy Inc’s (NYSE: CHWY) second-quarter results left the market wanting more but we don't think you should read too much into the 10% decline in share prices sparked by the news. While the results were hard to swallow they're not worth a d... Read the Full Story |
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Markets | |
In what may have been a case of lousy timing, Joann Inc. (NASDAQ:JOAN) began its second stint as a publicly-traded company in March 2021. It was supposed to be one of the more intriguing initial public offerings (IPOs) of 2021. Joann was capitalizing on the craft boom that occurred during the pand... Read the Full Story |
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The Early Bird Stock Of The Day Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India. | | View Today's Stock Pick |
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