Good MorningEquities resumed their decline on Tuesday after results from Snap and the New Home Sales data amplified fears of a recession. Snap, a fast-growing social media company, shocked the market with its results and weak outlook while the New Home Sales shows a sharp contraction in housing activity. The contraction in housing activity is directly related to skyrocketing prices and rising interest rates that have many would-be homeowners sitting on the sidelines if not already priced out of the market. If this month's data turns into a trend it could mean a recession is already happening.
Today's big news will be the FOMC minutes. The minutes are expected to shed light on the Fed's stance on inflation and it is hawkish. Inflation is rising at record rates and the Fed's job is taming it. The next data comes out on Friday and may put added pressure on the Fed. If, however, the PCE shows signs of peaking or receding the equity market will probably rally in response. Featured: Move Your Money Here Before August 31st (Ad) 
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Energy | |
Interest rates are moving higher yet remain historically low.
Persistent inflation and Fed action pushed the 10-year Treasury note yield above 3% earlier this month before it settled back down to the current 2.8%. Going way back to 1912, the benchmark 10-year has averaged just over 5%.
There a... 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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Consumer Discretionary | |
Be Choosy When Buying Retail Stocks
Retail, especially apparel, is one of the hardest sectors to invest in because it can be, in many cases, among the hardest industries to profit in and that is increasingly true in the post-pandemic environment. While Abercrombie & Fitch (NYSE: ANF) has the... Read the Full Story |
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Technology | |
Next-generation Autotech semiconductor and software solutions provider Indie Semiconductor (NASDAQ: INDI) stock has fallen over (-60%) off its highs during the tech bear market. The Autotech winner continues to build a strong backlog transcending $2.68 billion. The global supply chain disruption l... 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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Markets | |
Gym operator Planet Fitness (NASDAQ: PLNT) stock is in its own bear market trading down (-29%) for the year. The epicenter fitness gym industry has seen a rebound in business with the acceleration of COVID vaccines and boosters. Planet Fitness members grew to all-time highs of 16.21 million member... Read the Full Story |
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Consumer Staples | | With the stock market lacking offensive firepower this year, it has been a good time to be on the defensive—as in defensive sectors.
Soaring oil prices have jettisoned the energy sector to the front of the pack in 2022 but other non-cyclical groups have fared relatively well too. The utility... 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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Technology | |
The Zoom Video Communications Selloff Is Overextended
Shares of Zoom Video Communication (NASDAQ: ZM) have done little more than move lower since hitting the pandemic peak way back in 2020 but the selling may be over. The stock is finally trading at a more reasonable if still above-the-market-av... Read the Full Story |
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Consumer Discretionary | |
Institutions See Value In Petco Health and Wellness Company
The price action in Petco Health and Wellness Company (NASDAQ: WOOF) has been ratcheting lower ever since the IPO two years ago. The takeaway, however, is that institutional activity has been net bullish the entire time and the activity... Read the Full Story |
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Healthcare | |
Veeva Systems (NYSE: VEEV) is a highly capitalized growth stock that many investors haven’t heard about, despite its ubiquitous presence in the life sciences industry. Some of the company’s operating segments include data & analytics, clinical, R&D, and regulatory control softw... Read the Full Story |
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Consumer Discretionary | |
Free cash flow and an attractive valuation make WSM stock an attractive option
In a real-world example of the phrase “misery loves company,” Williams-Sonoma (NYSE: WSM) stock has fallen 15% since May 17. The reason isn’t that the retailer of premium home furnishings has issued ... Read the Full Story |
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Consumer Discretionary | |
Autozone Is The Better Choice, And A Better Buy
With the average age of U.S. cars on the road reaching new highs, it is no surprise that auto parts dealers are doing well. While both Advance Autoparts (NYSE: AAP) and Autozone (NYSE: AZO) put in strong quarters, the results make it clear which is... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia. It operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; 4.3 million gas and electricity connections; and a global fleet of approximately 7 million twenty-foot equivalent units (TEUs) intermodal containers under long-term contracts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P. | | View Today's Stock Pick |
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