 Targa Resources (NYSE: TRGP), which specializes in midstream energy infrastructure, has been etching the right side of a consolidation since late July.
Targa has been correcting in a pretty orderly fashion, especially if you compare it to the many stocks that are down 50% or more this year.
The s.... |
Good MorningEquities slipped on Monday extending the prior week's decline and putting the S&P 500 on track to move lower later in the week. The index is now below key resistance levels where the bears are likely to increase their selling and add momentum to the move. All the market needs is a catalyst for lower prices and that could come in the form of economic data. There is a long list of economic reports due out this week including construction spending, the ISM Manufacturing Index, and the August read of the non-farm payrolls report. The report is expected to show a cool down in both hiring and wage gains which takes some pressure off of the Fed. Even so, labor conditions remain tight and wages are rising and underpinning broader inflation.
In stock news, the market is gearing up for Apple's next product event. The iconic company is expected to launch several new iPhone models among other products and drive another upgrade cycle for the business. The question the market will want to have answered is how expensive are the new phones and how many, exactly, does the company think it will sell? Featured: Trump is replacing the U.S. dollar (Ad) 
| Energy | | Targa Resources (NYSE: TRGP), which specializes in midstream energy infrastructure, has been etching the right side of a consolidation since late July.
Targa has been correcting in a pretty orderly fashion, especially if you compare it to the many stocks that are down 50% or more this year.
The s... Read the Full Story |
| 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 |
| Technology | | Unity Software (NYSE: U) has been on a wild ride in the past few weeks following an earnings report and some corporate drama surrounding acquisitions.
Unity runs a software platform for creators and sponsors of real-time three-dimensional content. Customers use Unity’s platform to develop, r... Read the Full Story |
| Consumer Discretionary | | Retail department store chain Macy’s (NYSE: M) stock has had a rollercoaster ride in the past two years as shares trade down (-32%) for the year. The iconic department store chain that brought Santa Claus into the mainstream has emerged from the pandemic as a well-oiled machine. The Polaris tu... Read the Full Story |
| 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 |
| Consumer Discretionary | |
Global toy manufacturer Mattel, Inc. (NYSE: MAT) stock is trading up 5% on the year. The maker of blue chip brands like Barbie, Hot Wheels, Fisher Price, and American Girls is still delivering double digit growth despite inflationary pressures and supply chain costs. In fact, Mattel has been profi... Read the Full Story |
| Consumer Discretionary | |
Sell-side research firms have long had a major influence on the stock market. They employ teams of analysts that scour through financial statements and other data to form in-depth opinions of publicly traded companies. Often their ratings and price targets single-handedly move the needle.
Within... Read the Full Story |
| 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 |
| Technology | |
Memory-chip specialist Micron Technology (NASDAQ: MU) is up 4% since its June 30 earnings report. It rose as much at 18%, peaking at $65.42 in mid-August, but since sputtered, in tandem with the broad market.
Micron, as well as others in the memory-chip business, saw sharp sales growth in 2021, a... Read the Full Story |
| Consumer Staples | |
Who hasn't heard of PepsiCo Inc.? Unless you're a real health maniac, you've probably indulged in a Frito or two.
There is a lot to unwrap about PepsiCo Inc. As of Q2, PepsiCo Inc. (NASDAQ: PEP) was up 3% year-to-date, slightly under the mark compared to its main competitor, The Coca-Cola Company... Read the Full Story |
| Materials | |
Barrick Gold (NYSE: GOLD) remains a key player in the commodities market, with exposure to both gold and copper. The company remains at the center of investor interest, mainly due to its portfolio of assets and valuation, but issues remain with the volatility of commodities, which may be keeping t... Read the Full Story |
| Consumer Staples | |
The institutional interest in Dollar Tree (NASDAQ: DLTR) and Dollar General (NYSE: DG) are both very high at 98% and 95% but there is a difference in the activity that has Dollar General set up to outperform in the back half of the year. While the institutional activity in both names was vigorous ... Read the Full Story |
| Markets | |
No one can say with 100% certainty that the S&P 500 (NYSEARCA: SPY) is about to crash but, technically speaking, the S&P 500 just flashed a significant signal and isn’t a good one. Those of you who follow my index coverage or read the Weekly Preview know I have been targeting the end... Read the Full Story |
| Tuesday's Early Bird Stock Of The Day Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas. | | View Today's Stock Pick |
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