Good MorningEquity markets started to slip on Wednesday due to a lack of buyable news. This week is not only the Holiday trading week but it is also the depths of the earnings mid-cycle which means very little corporate news is available. What there is, isn't hopeful as many CEOs and CFOs are bracing for what could be a deep recession in 2023.
The caveat for investors is that even the downturn on Wednesday is suspect due to the holiday week. With trading volume so low and so little in the way of catalysts no market movement should be taken seriously. It won't be until next week when the market comes back to work and starts the new year that tradable signals will begin to appear. Until then, prepare for the worst and expect the best.
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Auto/Tires/Trucks | |
Tesla, Inc. (NASDAQ: TSLA) is not bringing much holiday cheer to investors. In a shortened trading week, Tesla is one of MarketBeat's Most Active Stocks by dollar volume. But that volume is significantly lighter in a week like this than in a typical trading week. And it's heavily in favor of selle... Read the Full Story |
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Medical | |
Heading into the New Year, many folks might be looking to add some new stocks to their portfolio. Of course, healthcare stocks are always worth considering, as the industry is always a buzz, and these three stocks are certainly ones to watch as 2023 begins.
Slow and Steady is the Name of the Game... Read the Full Story |
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Consumer Discretionary | |
The outlook for 2023 is very cloudy, as seen in the S&P 500 price action. The outlook for all stocks is not the same, however, and the analysts are rewarding those with proven performance and the ability to grow margins in the face of rising inflation.
Today's list includes Biogen (NASDAQ: BI... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Retail/Wholesale | |
If you are wondering if Dick's Sporting Goods (NYSE: DKS) can score another win in Q4, the odds are high that it will. The company has been exhibiting strength on a sequential and YOY basis driven by product shifts, private label offerings and expanding margins that have the guidance edging higher... Read the Full Story |
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Medical | |
Immutep Ltd (NASDAQ: IMMP) is a leading developer of immunotherapy treatments for cancer and autoimmune diseases. Specifically, they focus on Lymphocyte Activation Gene-3 (also known as "LAG-3"), a molecule located on the surface of cells that plays a crucial role in immune system regulation.
Th... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Retail/Wholesale | |
Popular fast-casual restaurant franchisor Yum! Brands Inc. (NYSE: YUM) stock has been on a tear since its Q3 2022 earnings release. Its famous brands include Taco Bell, KFC, Pizza Hut and Habit Burger Grill, with over 53,000 restaurants worldwide throughout 157 countries. It was spun off from Peps... Read the Full Story |
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Industrials | |
The industrial sector will be one to watch in 2023. And in this article, you’ll get three industrial stocks that present an opportunity for investors of all styles. You’ll get one small-cap stock, one mid-cap stock and one large-cap stock for your consideration.
The effects of gover... Read the Full Story |
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Retail/Wholesale | |
A growing number of indications suggest the market, not just the institutions, has chosen CarMax (NASDAQ: KMX) over Carvana (NASDAQ: CVNA). Simply put, the former has proven its ability to function and operate across state borders.
What this means for investors is a blue chip used car company ver... Read the Full Story |
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Markets | |
The heatmap determines liquidity is in the market and how liquidity providers behave. In other words, it helps traders determine where the actual orders in the market are being made.
Price Charts: Does a Better Method Exist?
Since the equity and futures markets first developed, most traders have... Read the Full Story |
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Technology | |
Memory and storage chip giant Micron Technology Inc. (NYSE: M.U.) has fallen (-46%) in 2022. This is because dynamic random access memory (DRAM) chip demand has been weak. Nevertheless, it is the third largest player in the DRAM market, with a 23.5% global market share behind Samsung Electronics C... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Rent the Runway, Inc. operates shared designer closet in the United States. The company offers evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering. It also engages in the software development and support activities. Rent the Runway, Inc. was incorporated in 2009 and is headquartered in Brooklyn, New York. | | View Today's Stock Pick |
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