Good MorningThe rebound in equities continued for a second day on Tuesday with the S&P 500 gaining more than 3% at the high of the day. The move is a relief rally driven by less-than-impressive news in the face of rising inflation and the FOMC interest rate policy. The move in equities could continue over the next few days but there are key technical hurdles ahead that include the 30-day EMA and the top of a channel that has been dominating the action since late last year.
Wednesday's action may be driven by economic data although the ADP report is not expected to be strong. A Goldilocks number for the market would be in the 100,000 to 200,000 range where job gains are still present but not so strong as to move the Fed. The true market mover, however, will be the NFP report on Friday. The NFP report is expected to show a moderately strong gain of 275,000 which would be sufficient to keep the Fed on its current course. Featured: BlackRock and Vanguard already own THIS (Ad) 
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Healthcare | | Shares of Vertex Pharmaceuticals (NASDAQ: VRTX) moved more than 2% higher last week and were up another 3.41% so far this week. The bounce followed news that regulators gave the company the go-ahead to begin the review process for a gene-editing treatment for two rare blood conditions.
Vertex part... Read the Full Story |
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Technology | |
The major U.S. stock indices got clobbered on September 30, closing out one of the worst months and quarters in recent history.
Much of the finger-pointing has been directed toward the Fed. In an effort to cool stubbornly high inflation, Chairman Powell's aggressive rate hikes appear to be cooli... Read the Full Story |
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Markets | |
The prospect of “just getting by” with your pension may seem terrifying. Whether you work for a company that provides regular pension contributions or you are self-employed, you should always understand the facets of a quality pension plan. It’s never too early to start.
In this... Read the Full Story |
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From Our Partners | | Having $2.5 million saved puts you ahead of most Americans, but how long it lasts depends on the decisions you make with it.
Using the 4% rule as a benchmark, that balance could translate to about $100,000 in year one, adjusted upward for inflation each year after. But the 4% rule has potential downsides and may not fit every portfolio.
A financial advisor can help size and structure a retirement budget around your income sources, taxes, and goals. SmartAsset's free quiz matches nearly 50,000 people each month with vetted fiduciary advisors. | | Take the free quiz to get matched with a fiduciary advisor |
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Consumer Staples | |
As we approach the third quarter earnings season, Olympic high jumpers are feeling relieved while limbo artists are stressed.
Translation: the bar is set really low.
For Q3, S&P 500 companies are expected to collectively report 2.9% higher profits than a year ago. According to Factset, this... Read the Full Story |
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Consumer Staples | |
Global meat and poultry products producer Tyson Foods (NYSE: TSN) stock has been in a nine week losing streak falling (-24%) for the year. The Company has faced all kinds of problems this year putting pressure on its shares which are trading at 7.5X forward earnings with a 2.79% annual dividend yi... 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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Healthcare | | Small-cap biotech Catalyst Pharmaceuticals (NASDAQ: CPRX) has been outperforming the broader market, amid recent earnings and revenue acceleration.
The company also got some good news last month, as it joined the S&P 600 Small-Cap index, replacing defense contractor ManTech, which was acquired ... Read the Full Story |
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Energy | |
Kate’s guest today on The MarketBeat Podcast is Kirk McDonald, portfolio manager at Argent Capital Management. Today, Kirk has three stocks to discuss, all from different industries with different market caps. He explains why each is a holding in his portfolio, and how investors should eval... Read the Full Story |
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Consumer Discretionary | |
When Americans are out and about and see electric vehicles, it’s common to see those made by Tesla (NASDAQ: TSLA) or every once in a great while, Rivian (NASDAQ: RIVN). Meanwhile, legacy automakers like Ford (NYSE: F) and General Motors (NYSE: GM) are rolling out their own versions of electr... Read the Full Story |
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Healthcare | |
Genome sequencing solutions company Illumina (NASDAQ: ILMN) stock has fallen under its pandemic lows. A surprise earnings miss, and lowered guidance has caused shares to spiral down (-49%) for the year. The Company leads the market with its next-generation genome sequencing systems and analysis to... Read the Full Story |
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Consumer Discretionary | |
Retailer marketplace and technology applications behemoth Amazon (NASDAQ: AMZN) has grown into a juggernaut of commerce. Amazon is a paragon of the network effect as its ecosystem often induces the same customer to use multiple services simultaneously without a second thought. Amazon is the #1 Top... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Tootsie Roll Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, and food and groceries; and supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is headquartered in Chicago, Illinois. | | View Today's Stock Pick |
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