Good MorningEquity markets took a small tumble on Monday falling nearly 2.0% at the low of the day but the S&P 500 managed to claw back the loss by the end of the session. The move was sparked by a growing fear of recession that spilled over into the energy markets. The price of oil fell more than 10% on fear the demand for energy would plummet in the wake of economic contraction and caused a similar decline in oil stocks. Oil stocks led the selling on Wall Street and fell about 6% for the session despite the fact that supply and demand imbalances remain skewed in favor of higher prices.
The impact of high oil prices on consumer spending, profit margin, and corporate earnings will soon be known. The peak of the Q2 earnings reporting season begins next week and could reinvigorate bearish sentiment. The expectation is for margin to contract relative to last year and for earnings growth to be tepid. The risk for the market, however, lay in the guidance due to an expectation for economic improvement in the 2nd half. If the guidance points to ongoing issues the S&P 500 will most likely fall to a new low.
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It may seem like an ongoing question: to buy stocks from China or not? The No. 1 worry on your list of worries might be the going-down-the-tubes China-U.S. relationship, and Chinese firms risk delisting by the Securities and Exchange Commission (SEC). Should you risk investing in them anyway?
Cer... 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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Not All Stocks Are Getting Downgraded In Q3
Oh, the times, they are a-changing. Not only is the outlook for S&P 500 earnings growth diminishing but the analyst are becoming more defensive by the day. The latest round of commentaries contains no few downgrades and price target reductions but ... Read the Full Story |
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Markets | | Women’s handbag and fashion accessories brand Vera Bradley (NYSE: VRA) stock has stumbled (-48%) on the year. Business was impacted by inflationary pressures, logistics costs and rising fuel prices causing revenues to come in light in its fiscal Q1 2023 earnings. The Company suffered a net los... Read the Full Story |
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Online education was among the industries that benefited most from the pandemic. Government restrictions and safety concerns shifted the learning experience from the classroom to the home for millions of students and workers worldwide.
Since schools and offices have reopened, our dependency on re... Read the Full Story |
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Institutional Activity Picks Up For The Lovesac Company
The institutions bet big on The Lovesac Company (NASDAQ: LOVE) late in 2021 and they’ve double-down on their holdings in the time since. When we last reported on the institutional activity, the institutions had been net buyers for 8 c... 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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Retail/Wholesale | | Since the beginning of April, shares of McDonald's (NYSE: MCD) have managed to just about keep their head above water, while the benchmark S&P 500 index has shed close to 20% of its value. This comes against the backdrop of soaring inflation prints, a hawkish Federal Reserve and rising interest ... Read the Full Story |
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A Soft-Landing For Basset Furniture
The entire furniture industry has been in a correction and Basset Furniture (NASDAQ: BSET) was not immune. The correction was driven by historically high valuations, fear of slowing growth, peak-rebound, and a round of COVID-related shutdowns that had manufact... Read the Full Story |
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Earnings Outlook Softens In The Face Of Economic Uncertainty
The only thing certain about the S&P 500 (NYSEARCA: SPY) is that its value is based on the expectation of future earnings. In that light, an increase in the expectations for earnings should lift the market and a decline should make... Read the Full Story |
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Technology | | Chinese social media company Hello Group (NASDAQ: MOMO) stock has fallen (-34%) on the year despite being profitable. The Company operates two major apps including the social media app MOMO and Tantan, a dating app similar to Tinder. Top line revenues and user growth has receded with the spread of C... Read the Full Story |
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Pet Health Is Still A Growth Market
Growth stocks have been getting pummeled this year due to fears of slowing growth, tightening margins, and recession but in some cases, the baby is getting tossed out with the bathwater. In this case, it’s more like the puppies and kittens are getting to... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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