Good MorningEquities extended their rally on Tuesday with the S&P 500 gaining more than 1.25% at the high of the day and moving above the 4,500 level for the first time in over a month. The move is being met with growing pessimism, however, due to a rising expectation for S&P 500 earnings targets to be lowered. Not only is there an impact from Russian sanctions to worry about but rising oil prices and inflation are playing a role as well. While an economic acceleration is expected in the second half of the year it seems as if 2022's darkest days are still ahead.
Trading on Wednesday will be impacted by Fedspeak. Three FOMC members including chief Jerome Powell are slated to make remarks before a variety of organizations. While no policy talk is expected, the market is sure to hang on every word. After Powell's comments on Monday, the CME's FedWatch tool is now pricing in a 50 basis point hike at the next meeting as greater than 60% and that figure is likely to rise over the next month. Featured: Move Your Money Here Before August 31st (Ad) 
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Technology | |
These 3 Cloud Stocks Offer Compelling Upside
Cloud computing is certainly one of the most compelling trends in tech for investors to get behind. Although this innovative industry has already been around for a few years, there are still plenty of reasons to believe that companies offering cloud so... 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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Finance | |
For long-term investors, portfolio management is a marathon and not a sprint. There are plenty of near-term distractions and hurdles along the way, but ultimately the focus is kept on a finish line several years if not decades ahead.
It only makes sense then to surround yourself with companies th... Read the Full Story |
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Utilities | |
Pain at the pump, sticker shock at the grocery aisle, the Russian invasion of Ukraine, ongoing problems with COVID-19 (another strain was just unearthed!) and… ugh, need we go on?
We've seen just about everything at the start of this year… sharp sell-offs in the S&P 500 and nea... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Communication Services | | Airline broadband connectivity provider Gogo (NASDAQ: GOGO) stock has rebound despite the market sell-off on a blowout Q4 2021 earnings release. The world’s largest business aviation broadband provider is a post-pandemic winner as air travel recovers. However, the pandemic actually bolstered i... Read the Full Story |
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Consumer Discretionary | |
The Rebound Tops Out For J. Jill
J. Jill, Inc (NYSE: JILL) reported a fantastic FQ4 and even gave fairly robust guidance but it is not, we think, enough to sustain a rally. While the company was able to grow revenue from last year and widen its margin the outlook for this year is tepid at best. ... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Industrials | |
FreightCar America Jumps On Capacity Expansion
We’ve been waiting for FreightCar America (NASDAQ: RAIL) to put in some solid numbers and after many quarters, systemic headwinds, COVID-related closures, and rising input costs the company has done just that. Efforts to maintain operations an... Read the Full Story |
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Consumer Discretionary | |
Nike Surges On Revenue Strength And Wider Margins
Shares of Nike (NYSE: NKE) are up more than 8% in the wake of the FQ3 earnings report and are leading the Dow 30 higher. The DJI is up nearly a full percent with the aid of Nike and it, too, could be heading higher. The move is spurred by better t... Read the Full Story |
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Industrials | | Shares of transportation and delivery company FedEx (NYSE: FDX) have been trading sideways since the Tennessee headquartered company reported their fiscal Q3 earnings last week. That kind of action is usually indicative of a neutral report that neither disappoints or excites, which isn’t too f... Read the Full Story |
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Technology | |
Insider And Institutions Put A Bottom In Docusign
Shares of DocuSign (NASDAQ: DOCU) have been in a correction for several quarters due to slowing growth and it hit a new low in the wake of the FQ4 results. The good news is that a bottom is now in play due to an uptick in insider and institutiona... Read the Full Story |
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Technology | |
Follow The Analysts To Three Winning Stocks
The analysts are a fickle bunch whose sentiment toward a stock can change at a moment's notice. As hard as it is to succeed by simply following the analysts and their ratings, when there is a clear trend in analyst sentiment, either good or bad, it can... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada. | | View Today's Stock Pick |
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