Good MorningThe selloff in the equity markets intensified last week following a bearish technical signal, high inflation, and remarks from Fed chief Jerome Powell. Mr. Powell said inflation was a problem the Fed would fight forcefully adding that businesses and families would feel some pain in the process. The need to fight inflation means higher interest rates meant to cut back on hiring and activity which means fewer business and work opportunities over the next year or two. The S&P 500 fell more than 3.0% at the low of the day and looks like it will fall further in the coming days. The move not only confirms a reversal of long-term proportion but shows a high conviction within the market as well.
This week is another hurdle for the market. The NFP data is due out on Friday and is expected to show a slowdown in hiring as well as an increase in wages which is bad news for the market. In that scenario, labor and consumer markets are already feeling pain but not enough to correct the pace of inflation or stave off aggressive FOMC action. Featured: Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad) 
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Energy | |
Not all big stock moves are equal.
Some are accompanied by heavy trading volume. Others come with but a whimper of activity.
Which ones are more significant? Often it's the high volume moves that pack the most punch.
In stock investing, when a crowd forms it typically sticks around for a whil... 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 | | Network storage maker NetApp (NASDAQ: NTAP) gapped up nearly 8% Thursday following its earnings report, but reversed course Friday, closing 4.58% lower.
It’s safe to say Friday’s action reflected a broad market selloff in the wake of Fed chairman Jerome Powell’s remarks about furt... Read the Full Story |
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Healthcare | |
Since pushing to an all-time high in September 2021, Medtronic (NYSE: MDT) has been falling in lock step with tech stocks. That pattern continued even after the company posted a double beat in its fiscal year 2023 first quarter. MDT stock feel 4% on the news. Later in the week the stock regained m... Read the Full Story |
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From Our Partners | | TradeSmith CEO Keith Kaplan warns that AI's rapid rise has a dark side, threatening American jobs and livelihoods. He says now is the time to prepare before September 30th.
TradeSmith has invested $17 million in AI tools and built a platform used by 180,000 traders worldwide. One user, Stephen, credits it with building a $2.95 million retirement portfolio. | | See where Kaplan says to move your money before September 30th |
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Consumer Discretionary | | Rivian (NASDAQ: RIVN) was heavily hyped up EV play up due to the celebrity fund manager investors like Ray Dalio and David Einhorn as well as the investments by Amazon (NASDAQ: AMZN) and Ford (NYSE: F). The Company is solely focused of scaling up production. The Company expects the impact of inflati... Read the Full Story |
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Technology | | Deflation enablers are companies that help organizations cut costs, grow efficiencies, and optimize performance during uncertain macroeconomic environments like recessions and bear markets. As consumers pull back on spending in attempts to stretch their wallets, companies must adjust and adapt for s... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Consumer Discretionary | |
Shares of Advance Auto Parts (NYSE: AAP) gapped down after – wait for it – the company lowered its guidance for the rest of the year. The company is seeing uncertain demand, particularly for its DIY customers as inflation continues to have consumers delay discretionary purchases.
It... Read the Full Story |
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Technology | |
Institutional activity has been mixed for Marvell Technology (NASDAQ: MRVL) over the last year but there are two bullish takeaways from the data. The first is that net activity over the preceding 12 months was net-bullish in the amount of $2.54 billion which is worth about 5.4% of the market cap w... Read the Full Story |
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Technology | |
Dell Technologies (NYSE: Dell) reported earnings that were above analysts' expectations, but the stock fell anyway during market hours as PC sales weighed on investor sentiment. PC sales have been declining for the year and were down around 12 percent in the first quarter. The global economy has w... Read the Full Story |
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Consumer Staples | | Who would have thought it, but of all the stocks out there Dollar General (NYSE: DG) has been one of the most consistent performers of the past three years. Not only was it a winner before COVID, with shares rallying 75% in the two years before February 2020, but also during COVID, as they rallied 9... Read the Full Story |
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Technology | |
Salesforce (NYSE: CRM) stock was down 3.3% as earnings came in weaker than analysts had expected. Analysts had predicted earnings per share to come in at $1.29, instead, the earnings per share came in slightly lower at $1.20. Despite the weaker-than-expected earnings, Salesforces' revenue came in ... Read the Full Story |
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Monday's Early Bird Stock Of The Day Illumina, Inc. offers sequencing- and array-based solutions for genetic and genomic analysis in the United States, Singapore, the United Kingdom, and internationally. It operates through Core Illumina and GRAIL segments. The company offers sequencing and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services; and Galleri, a multi-cancer early detection test. In addition, the company is developing solutions to help accelerate cancer diagnoses, blood-based detection for minimal residual disease, and other post-diagnostic applications. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. It markets and distributes its products directly to customers, as well as through life-science distributors. Illumina, Inc. was incorporated in 1998 and is based in San Diego, California. | | View Today's Stock Pick |
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