Good MorningEquities slipped again on Thursday and are in danger of falling further. While the S&P 500 was able to claw its way upward from a freshly set low, the index is still below what is now a key resistance target. The 4,100 level was confirmed as resistance this week and will be a major hurdle for the index going forward. the longer it takes for the market to get back above that level, the harder it will be to cross above it and we are not hopeful of a rebound next week.
Next week will be a critical time for the broad market. The technical picture is lending strength to the argument "sell in May and go away" and there are no catalysts for buying on the horizon. The catalyst that is on the horizon is the PCE Price index and we do not expect it to be a pleasing figure. If the market falls to a new low, a low below 3,860, the S&P 500 is likely to fall another 100 points or more before finding the next level of price support. Featured: Move Your Money Here Before August 31st (Ad) 
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Industrials | |
A company known for its reliability should give investors something they can count on
John Deere (NYSE:DE) is due to report earnings before the market opens on May 20. And at this point, any bit of good news would have a calming effect on markets. With that in mind, John Deere may be the right c... 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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Technology | | Rapid7, Inc. (NASDAQ: RPD), unlike most of its competitors in the cloud security space, has the very real possibility of turning a profit this year, which probably comes as a great surprise to many investors given the macro backdrop. The business has high APR growth a surging top line, and quality r... Read the Full Story |
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Consumer Discretionary | |
Lowe’s Downtrend Is Not Over
Lowe’s (NYSE: LOW) moved lower on the heels of its Q1 earnings report and we don’t think the move is over. While price action is rebounding the day after the report was released we are viewing it as a dead cat bounce, at least for now. The freshly s... 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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Technology | | Fabless integrated circuit (IC) semiconductor company Silicon Labs (NASDAQ: SLAB) stock is attempting to rebound after losing more than (-30%) on the year with the benchmark Nasdaq index. The IoT leader in secure and intelligent wireless technology saw impressive growth in its fiscal Q1 2022 report ... Read the Full Story |
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Technology | |
This Is Not The Bottom For Cisco Systems
After 10 quarters of net buying, the institutional tide driving Cisco Systems' (NASDAQ: CSCO) price action has turned. The institutions have been, so far in Q2, net-sellers and responsible in large part for the recent decline in share prices. If this tren... 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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Markets | |
A Roth IRA is a powerful investment tool that you can use to save for retirement. Compounding alone can make a huge difference in how you grow your retirement savings over time. Here's a quick example of its magic: If you were to invest $1,000 at age 20 into a Roth IRA and contribute $1,000 per ye... Read the Full Story |
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Markets | |
Oil Stockpiles Fall Despite Fear Of Slowing Growth
The price for WTI (NYSE: USO) has been trending sideways over the past few months as traders, speculators, hedge funds, and users of oil wrestle with a rapidly changing environment. While the price action has been moving lower over the past few ... Read the Full Story |
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Markets | |
Investors Run To Cash, S&P 500 Enters Reversal
We recently saw a headline that made us ask “what?!?” because it said an uptrend in the S&P 500 (NYSEARCA: SPY) had been confirmed. Our take on the market is that not only has the near-term downtrend in the S&P 500 been confi... Read the Full Story |
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Consumer Discretionary | |
The TJX Companies Beats And Raises On Strong Results
The TJX Companies (NYSE: TJX) proves that it is not all doom and gloom in the retail sector. While the front-line retailers like Target and Walmart are struggling with growth and margins the off-price retailers like The TJX Companies are comin... Read the Full Story |
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Technology | |
Shares of Nvidia Corp (NASDAQ: NVDA) slipped more than 6.8% on Wednesday, to a value of $169.38, during what turned out to be a rather inexorable day on the trading floor. Indeed, every index suffered overall losses with the NASDAQ closing down more than 5%; the Dow Jones Industrial Average and th... Read the Full Story |
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Friday's Early Bird Stock Of The Day Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, Delaware. | | View Today's Stock Pick |
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