Good MorningEquity markets pulled back on Monday after a weaker-than-expected reading of the Chicago PMI. The Chicago PMI came in at 45.2 which is not only contractionary but a decline from the previous month versus the expected improvement. The takeaway from the data is that general business conditions in the US have entered a contraction despite what the latest GDP data indicated. This, along with the index of leading indicators, suggests a worsening economic backdrop and not one that is improving. Later this week, the market may also be impacted by the NFP report as well as another large interest rate hike from the FOMC.
The market is pricing in a near 100% chance for another 75 basis point interest rate hike on Wednesday but the news may be in the statement. After the last PCE price index reading, it looks like the FOMC will have to get more aggressive and possibly keep policy tighter for longer than has already been indicated. The good news is that the S&P 500 and Dow Jones Industrial Average have had the best October in decades. If this action continues into November it could be a November to remember. Featured: The $8,000 Gold Call Every Retirement Saver Needs to Read Right Now (Ad) 
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Medical | |
It’s hard to believe that the da Vinci Surgical System developed by Intuitive Surgical (NASDAQ: ISRG) is turning 22 years old since its U.S. Food and Drug Administration (FDA) approval in 2000. A two-decade-old piece of robotic technology would be deemed a legacy product in the tech world, b... Read the Full Story |
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From Our Partners | | JPMorgan has raised its 2026 gold forecast to $6,300, with a credible path to $8,000, and now calls gold a core holding rather than just a crisis hedge.
Most Western portfolios still hold less than 1 percent in gold, even as the metal has already topped $5,000 and outpaced the S&P 500 in 2026.
Physical gold can be added directly to an existing IRA or 401(k), with no new account, no penalty, and no tax hit. | | See how to add gold to your IRA or 401k today |
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Auto/Tires/Trucks | | Iconic motorcycle manufacturer Harley-Davidson (NYSE: HOG) was a pariah in 2018 as then-president Donald Trump villainized the Company for moving some production overseas to mitigate trade tariffs. While profits sank during the 2020 pandemic, the Company has been profitable for the past five years. ... Read the Full Story |
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Markets | |
Ready to learn more about Juniper Networks stock?
The key takeaway: Juniper Networks is a lightly valued, blue chip tech stock fundamental to connecting the world via the internet and a critical cog in the global supply chain.
By the time you’ve read this article, we'll have the answer t... Read the Full Story |
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From Our Partners | | Gold broke through $5,000 in 2026 and outperformed the S&P 500, a move JPMorgan now expects to extend toward $6,300, with a path to $8,000.
Most Western portfolios still hold less than 1% in gold, even as major banks now call it a core holding rather than a crisis hedge.
A free Info Guide shows how to add gold to an existing IRA or 401(k) without penalties or taxes. | | Get the free guide to adding gold to your retirement account |
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Technology | |
No one told Impinj, Inc. (NASDAQ: PI) that 2022 is a down year for technology stocks.
Shares of the emerging digital tech innovator are up more than 30% so far — and by its own standards, that’s a relatively ‘weak’ performance. Over the last three calendar years, Imping h... Read the Full Story |
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Medical | |
It’s not often that a stock doubles in one week, but Vaxcyte, Inc. (NASDAQ:PCVX) did just that.
The small cap biotech company catapulted back to mid-cap land with a stunning 110% surge last week — and may not be done.
Intense social media buzz translated to heavy trading activity fo... Read the Full Story |
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From Our Partners | | The 2026 Munich Security Report describes the global order as Under Destruction, citing trade fragmentation, rising power conflicts, and 38 trillion dollars in US debt.
Foreign buyers are pulling back from US assets while central banks load up on gold at record levels, a shift that historically unfolds quietly before markets react.
Find out how Americans are using existing IRA and 401k accounts to add gold exposure without new accounts, penalties, or tax hits. | | See how to add gold to your retirement account tax and penalty free |
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Transportation | |
Wondering when Saia (NASDAQ: SAIA) stock could start moving higher? The best answer is any time because this trucker is growing. Saia is a niche operator in the supply chain running a nationwide network of LTL trucking hubs and shipping services. The company has been working hard over the last goi... Read the Full Story |
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Technology | |
Social media developer Meta Platforms (NASDAQ: META) stock took a (-24%) cliff dive after its Q3 2022 earnings miss. While the earnings miss has investors concerned, the revenues came in better than expected by nearly $300 million. The strong U.S. dollar make a $1.79 billion impact on revenues and... Read the Full Story |
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Technology | |
If onsemi (NASDAQ: ON) can set a new all-time high, there is a solid case to be made in favor of one. Not only has the company been working to position itself for key growth markets but those markets continue to show strength. The company is a US-based semiconductor company servicing the automotiv... Read the Full Story |
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Finance | | Investment banking and financial services company Morgan Stanley (NYSE: MS) stock is trading down (-17%) compared to peers Goldman Sachs (NYSE: GS) (-13%) and Charles Schwab (NYSE: SCHW) down only (-6.5%). The blue shoe investment bank has implemented a strategy to diversify its services and cliente... Read the Full Story |
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Medical | | Medical diagnostic lab company Quest Diagnostic (NYSE: DGX) stock has been trading within a boxed range from $126 to $146 for the majority of 2022. The Company was instrumental during the early days of the pandemic providing very high volume and high demand COVID pcr testing services. With the pande... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Calix, Inc., together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. The company provides Calix Cloud platform, a role-based analytics platform comprising Calix Engagement Cloud, Calix Service Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable BSPs to anticipate and target new revenue-generating services and applications through mobile application, such as CommandIQ for residents and CommandWorx for businesses; Calix Intelligent Access EDGE, an access network solution for automated and intelligent networks; and Calix Revenue EDGE, a premises solution for subscriber managed services. It also offers SmartLife managed services, including SmartHome managed services and applications to enhance, operate and secure the connected experience of subscribers in their home; SmartTown managed services that reimagine community Wi-Fi as a ubiquitous, secure, and managed experience across a BSP's footprint; and SmartBiz managed services that address the business networking and productivity needs of business owners with an all-in-one managed service. In addition, the company provides Wi-Fi systems under GigaSpire and GigaPro brands to be ready for deployment as a complete subscriber experience solution for BSP's residential and business subscribers. It offers its products through its direct sales force and resellers. The company was incorporated in 1999 and is headquartered in San Jose, California. | | View Today's Stock Pick |
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