Good MorningEquity markets confirmed the downtrend last week forming a Dark Cloud Cover on the weekly charts of most major indices. The Dark Cloud Cover is an ominous signal akin to an Outside Day and it points to lower prices for the S&P 500. The fact this signal occurs below key resistances such as the 150-day moving average, the top of a channel, and at a previous low only makes it stronger. The index may hover at current levels for the next week or two but, without a change in the economic winds, a move lower is all but assured.
There are two major hurdles for the market this week and the first is election day. The election will bring a change to the outlook, for better or worse, and it could alter the trajectory of the stock market. The other hurdle is the CPI reading for October. This is the 1st of 4 major inflation readings before the next FOMC meeting and will absolutely have an impact on the outlook for inflation, interest rate hikes, and the odds of a major recession in 2023. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
|
Retail/Wholesale | |
Even a perennial outperformer like Amazon.com (NASDAQ: AMZN) takes its lumps once in a while. After finishing higher in each of the last seven years, the company is on pace to lose roughly half its market value in 2022.
Common culprits like supply chain disruption and higher labor costs have bee... Read the Full Story |
|
From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
|
Retail/Wholesale | | Global coffee products retailer Starbucks (NYSE: SBUX) stock has evolved beyond just coffeeshops as it has expanded to include brands like Teavana, Ethos, Princi, Seattle’s Best Coffee, Evolution Fresh, and Starbucks Reserve under its umbrella. Starbucks has established its brand as a premium ... Read the Full Story |
|
Retail/Wholesale | | How to invest in blue chip stocks, exactly? The short answer: carefully, just like with any other investment. Investing in blue-chip stocks depends on your preferences, risk tolerance, portfolio objectives and diversification. When investing in blue chips, it's important to make the right choices.... Read the Full Story |
|
From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
|
Medical | | Heart disease equipment maker Edwards Life Sciences (NYSE: EW) stock has fallen (-46%) on the year after a disastrous reaction to its Q3 2022 earnings report. The maker of heart valve systems and repair products for both surgical and transcatheter therapies reported a small miss and lowered its full... Read the Full Story |
|
Technology | | Semiconductor company Advanced Micro Devices (NASDAQ: AMD) stock is down (-52.5%) on the year underperforming both the Nasdaq (NYSEARCA: QQQ) down (-36%) and the Semiconductor index (NASDAQ: SMH) down (-39%) for the year. Investors fear that rising interest rates, global recession, a strong U.S. dol... Read the Full Story |
|
From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
|
Energy | |
In what’s been a good year for the solar industry, First Solar, Inc. (NASDAQ:FSLR) is the most radiant performer.
Shares of the Arizona-based company have doubled since July 2022 and are up more than 70% year-to-date. They are trading at their highest level in more than a decade and on pace... Read the Full Story |
|
Basic Materials | |
Barrick Gold (NYSE: GOLD) was up more than 6% the day after the stock dropped 9% after delivering earnings on November 3. The report gave investors good news and bad news.
On the positive side, the gold miner beat on both the top and bottom lines. Revenue came in at $2.53 billion which was 2.5%... Read the Full Story |
|
Consumer Staples | |
In a year where most stocks are falling hard, The Hershey’s Company (NYSE: HSY) stands out for the right reasons. Heading into its quarterly earnings report, shares of the candy-making giant were up over 25% for the year. And there was nothing about the earnings report that should cause inve... Read the Full Story |
|
Technology | |
Datadog (NASDAQ: DDOG) shares are down more than 50% from their all-time high but it doesn’t deserve to be in the doghouse. The company’s valuation may have gotten out of hand back at the end of 2022 but now, with shares down at more reasonable levels, it's more in line with reality an... Read the Full Story |
|
Technology | |
Semiconductor company Advanced Micro Devices (NASDAQ: AMD) just reported their fiscal Q3 earnings on November 1, 2022, with mixed results, but a few key points give them an edge. For one, revenue is up 29% YOY, to $5.57 billion. Furthermore, net income increased by 23% to more than $1 billion. And... Read the Full Story |
|
Monday's 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 |
|