Good MorningEquity markets rebounded strongly on Thursday but investors should not read too much into the move. The gains were driven by holiday trading and not any news or change to the fundamental outlook. As good as the near 2.0% gain is for the S&P 500, it left the index far short of key levels needed to signal truly bullish behavior.
The outlook for 2023 is as mixed as it has ever been. While the economic data continues to show underlying strength, the rise of inflation and FOMC interest rates remains a shadow that will weight on sentiment for the foreseeable future. If the market's fears are realized and there is a deep recession the S&P 500 will likely move much lower before the end of 2023.
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Medical | |
At first glance, it might seem like Kintara Therapeutics Inc (Nasdaq: KTRA) would not be a good investment. After all, analysts gave the stock a HOLD rating after its Q3 earnings report in November. However, that rating alone is not enough to understand the full scope of possibility in its future,... Read the Full Story |
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From Our Partners | | Washington has taken an ownership stake in Intel, carved out a cut of Nvidia's and AMD's chip sales, and reportedly fielded an offer to own 5% of the largest AI company on the planet. The government is shifting from referee to shareholder in the most important technology race of the century.
When the rules change, the winning trades change with them. Some blue chips sitting in your index fund are now on the wrong side of this shift - while a select group of companies pulled into the new arrangement may be treated like national treasures. | | Watch the documentary to see which stocks to buy and sell now |
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Industrials | |
Power generation and energy storage systems maker Generac Holdings Inc. (NASDAQ: GNRC) stock has been a heartbreaker. Shares were trading at a high of $524.31 just over a year ago before shares fell to a new weekly lower low of $86.29 in late December, falling below its pre-pandemic levels.
With ... Read the Full Story |
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Technology | |
This article highlights three high-yield dividend stocks that investors will want to consider buying in 2023. Investors are expecting another volatile year. And owning dividend stocks is a time-honored way to stay invested during market volatility.
Because these companies pay shareholders a per... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Basic Materials | |
Shares of Cal-Maine (NASDAQ: CALM) are moving lower in pre-market action, and it might make you think the company had a bad fiscal 2nd quarter. That is not the truth. The truth is that Cal-Maine had a record-setting quarter on many levels and is in a position to do so again and again in calendar 2... Read the Full Story |
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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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From Our Partners | | Roger Scott spent twenty years on Wall Street moving billions through the market. Now he's exposing the 'empty chair' signal he says sits behind the most stunning stock moves retail investors rarely hear about.
The same signal reportedly triggered a 138% return on WMT in two weeks and a 157% return on Cencora in one week, according to his research. | | Watch Roger Scott reveal the empty chair signal today |
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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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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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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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Friday's Early Bird Stock Of The Day Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. | | View Today's Stock Pick |
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