Good MorningEquities rebounded on Tuesday, the first trading day of the week, but we urge investors not to read too much into the move. the rally comes in the wake of new lows for the S&P 500 and is not likely to gain much momentum. The S&P 500 broke out of a downward slanting channel in the previous week which suggests the downtrend will gain momentum and not the other way around. This week, there will be few economic or earnings reports to move the market so inflationary concerns, fear of recession, and Fedspeak will likely take the fore.
The next big hurdle for the market will be the 2nd quarter earnings reporting season. The peak of the season begins in about three weeks with reports from JPMorgan Chase and other big banks and the news may not be good. Rising inflation and dwindling savings could put a cap on consumer spending which is the backbone of the American economy. Featured: 100% overnight gains? (Ad) 
|
Markets | | Theme park and entertainment company SeaWorld Entertainment (NYSE: SEAS) stock has sunk (-33%) for the year. The operator of SeaWorld and Busch Gardens theme parks has been in a recovery since the reopening after COVID lockdowns were pulled. Vaccinations have been the key to the rebound in attendanc... Read the Full Story |
|
From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
|
Consumer Discretionary | |
Last year, “buy the dip” was a highly effective trading strategy. Each time the stock market dipped lower, it ultimately charged to new highs.
In the U.S. mid-cap space, this lasted until November 2021. Since then the S&P 400 index has had plenty more dips. But like an unbalanced... Read the Full Story |
|
Consumer Discretionary | | Athleisure apparel and footwear maker Lululemon (NASDAQ: LULU) stock is down (-28%) in the 2022 bear market despite stellar earnings performance. The popular retail fitness apparel brand is still firing on all cylinders despite the return of formalwear as consumers return back to work. The Company r... Read the Full Story |
|
From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
|
Energy | |
When you're ready to say, "Tag, you're it!" and let dividend stocks take over your portfolio, you naturally want to gravitate toward A+ companies. Luckily, you don't need to look much further than great stocks that have returned significant dividend returns over time, such as the Dividend Kings an... Read the Full Story |
|
Markets | |
There’s Hope In The Market But The Technical Outlook Is Gloomy
Equities began the week with a strong bounce and the S&P 500 (NYSEARCA: SPY) gained more than 2.6% by midday. As strong as the bounce looks, however, we still don’t think this is the buyable bottom. While there is some... Read the Full Story |
|
From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
|
Materials | |
Silver prices continue to remain elevated, trading at $21 an ounce. During times of inflation, silver stocks could be one of the ways to hedge your portfolio against macroeconomic headwinds. Silver prices remain on a firm footing, as demand continues to outpace supply, with total production at 997... Read the Full Story |
|
Industrials | |
The Institutions Clean Up With ABM Industries
ABM Industries (NYSE: ABM) is a ho-hum name among stocks but one of the cleanest plays for these dirty economic times. The company provides a variety of facility solutions that include janitorial, electrical, custodial, and groundskeeping among other... Read the Full Story |
|
Consumer Discretionary | |
A Good Defense Is The Best Offense For These Times
There is so much uncertainty in the air the only thing we can be certain of is the economic conditions will not be the same this fall as they were last fall. If supply chain improvements materialize if inflation gets under control if job growth ... Read the Full Story |
|
Energy | |
Energy demand continues to remain robust, and with the global economic backdrop, energy-related stocks that provide a dividend yield could help your portfolio mitigate some of the adverse effects of the current inflationary environment and market volatility.
Midstream companies primarily benefit... Read the Full Story |
|
Consumer Discretionary | |
Lennar Reveals Signs Of Slowing In The Housing Industry
Lennar (NYSE: LEN) reported a fantastic 2nd quarter but there are signs with the report that makes us think we’ve reached a peak in the housing market. The company’s New Orders and Backlog suggest that not only are sales slowing... Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; specialized insurance coverages for fine arts and jewelry exposures; excess liability and inland marine coverage for small to medium-sized insureds; and commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety products, as well as products for technology, and life sciences and travel industries. In addition, this segment offers cyber risk solutions; crime and fidelity insurance products; medical professional coverages; workers' compensation insurance products; general insurance; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical and property and crime insurance products; at-risk and alternative risk insurance program management services; professional liability; energy and marine risks; and provides insurance products to the Lloyd's marketplace. The Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance solutions; property and casualty reinsurance; facultative reinsurance products include automatic, semi-automatic and individual risk assumed reinsurance; and turnkey products such as cyber, employment practices liability insurance, liquor liability insurance and violent events. The company was founded in 1967 and is headquartered in Greenwich, Connecticut. | | View Today's Stock Pick |
|
