Good MorningEquity markets got a dose of good news on Wednesday when the FOMC hiked interest rates by 50 basis points. The increase was expected and came with a tame outlook compared to what the market was fearing. Fed Chief Jerome Powell indicated an aggressive 75 basis point increase was off the table for now and that a series of 50 basis point hikes should be expected. The risk for the market now is that inflation will continue to rise despite the onset of interest rate hikes and force the FOMC to up its game once again. If history is any indication, the Fed will have to spark a recession to get inflation under control.
The S&P 500 surged more than 3.0% on the news confirming support at the key 4200 level. So long as this level continues to show support the index will remain range-bound or possibly move to a new high. While there are many risks ahead, the outlook for the 2nd half continues to expect supply chain improvements that should drive revenue and earnings for the S&P 500. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Technology | |
If you thought ride-hailing app Uber (NYSE: UBER) was going to deliver the stock market from the horrendous start to the years it's had, think again. The likes of Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT), who both reported solid numbers last week, were unable to stem the flow of selling, ... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Markets | | Sports entertainment and media company World Wrestling Entertainment (NYSE: WWE) stock has maintained a choppy range between $45 to $65 for over a year. The iconic wrestling brand survived the stay-at-home mandates to usher in the return of live events. Top and bottom lines were bolstered by its med... Read the Full Story |
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Consumer Discretionary | |
Weyco Group Returns To Growth, Dividend Hike Is Expected
Weyco Group (NASDAQ: WEYS) caught our eye a few years ago while screening for small-cap dividend growth stocks. The company owns a healthy portfolio of legacy and growth-oriented shoe brands and pays what we consider to be an above-average... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Industrials | |
iRobot Moves Up On Fed “Soft Landing” Outlook
Shares of iRobot (NASDAQ: IRBT) have been in a steady downtrend for the last several quarters due to the mounting issues of supply chain hurdles and inflationary pressures. The biggest risk for the company and the global economy was the F... Read the Full Story |
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Markets | | Internet content delivery network (CDN) provider Limelight Networks (NASDAQ: LLNW) shares plunged on its fiscal Q1 2022 earnings results. Despite have 19 of its top 20 customers achieving more than 20% revenue growth, sentiment turned negative with the falling benchmark indices. Customer additions h... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Markets | |
Dividend stocks schedules refer to important dates for shareholders to know. In particular, they will help you understand when you should be on a company’s books in order to receive a dividend.
In this piece, we’ll walk through dividend dates and schedules, how and when stock dividend... Read the Full Story |
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Industrials | |
SiteOne Landscape Supply Moves Lower On Weak Guidance
SiteOne Landscape Supply (NYSE: SITE) has been in a correction that is now overextending into an attractive buying opportunity. The stock is down more than 7% in the wake of its Q1 earnings report on what we view as cautious guidance. The com... Read the Full Story |
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Markets | |
Camping World Is About To Get This Market In Gear
Camping World (NASDAQ: CWH) is showing signs of firm support at the $26 level and we are not surprised. A combination of factors including institutional support has the market set up not only to bottom at this level but to reverse course and poss... Read the Full Story |
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Retail/Wholesale | | Investors of coffee giant Starbucks (NASDAQ: SBUX) have had to watch their shares give up almost all of their pandemic fuelled gains since the start of the year. Considering it was only last August when they were hitting fresh all time highs, few would have forecasted the 40% that was awaiting them.... Read the Full Story |
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Medical | |
Submitting trades based on an upcoming earnings report is a popular short-term strategy.
However, not all earnings plays are created equal.
Some corporate earnings releases pack more punch than others because they contain a pivotal news item or data. A market braced for a major catalyst often r... Read the Full Story |
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Thursday's Early Bird Stock Of The Day CalAmp Corp., a connected intelligence company, provides leverages a data-driven solutions ecosystem to people and organizations in the United States, Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and internationally. The company operates in two segments, Software & Subscription Services and Telematics Products. It provides CalAmp Telematics Cloud platform, such as cloud-based application enablement and telematics service platforms that facilitate integration of its own applications, as well as those of third parties, through open application programming interfaces; and software as a service application, as well as provides tracking and monitoring services within fleet management, supply chain integrity, and international vehicle location. The company also offers telematics products, including asset tracking units, mobile telematics devices, fixed and mobile wireless gateways, and routers; and advanced telematics products for the broader connected vehicle and Internet of Things marketplace, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets. In addition, it offers professional services, including project management, engineering services, and installation services. The company sells its products and services to customers in the automotive, telecommunications, industrial equipment, transportation and logistics, government and municipalities, insurance, original equipment manufacturers, and leasing companies. It markets through direct sales organization, channel partner program, original equipment manufacturers, and independent sales representatives and distributors, as well as its websites and digital platform. The company was incorporated in 1981 and is headquartered in Irvine, California. | | View Today's Stock Pick |
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