Good MorningEquity markets tried to rebound on Wednesday but were cut short by the FOMC minutes. The minutes, released late in the day, confirmed the market's expectation that interest rates would remain elevated for some time. As it is, the estimates have FOMC policy peaking above 5% in 2023 and ending the year at or above 4.5%.
The takeaway is the FOMC could begin to ease back on policy by the end of the year, but there are risks in that outlook. If inflation is not tamped down before they begin to ease, the economic acceleration that follows will drive another round of high prices.
The next hurdle this week is on Friday with the release of the NFP report. The NFP should show another month of strong job gains and wage increases, both good and bad for the economy. A weaker-than-expected report might be good news as it would show current FOMC policy is affecting the inflation situation. Featured: The Calm Before the Rotation — What’s Quietly Building Now (Stock Wire News) (Ad) 
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Healthcare | |
Wednesday marked the trading debut of GE HealthCare Technologies Inc. (NASDAQ: GEHC), the health-focused independent business spun off from General Electric Company (NYSE: GE).
Shares opened at $54.13 Wednesday and ended the session at $60.49, an increase of nearly 12%.
Meanwhile, legacy compa... Read the Full Story |
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From Our Partners | | Major banks have slashed their gold price targets - Morgan Stanley to $4450, JPMorgan to $4500 - after predicting $6000 gold earlier this year.
Ross Givens, a former Wall Street insider, says bank targets tend to follow price rather than lead it. He still expects gold to reach $10000 an ounce this cycle.
Givens points to a backdoor asset that gained 846%, 1668%, and 1915% in the last gold cycle. | | See the trade Ross Givens recommends for this gold cycle now |
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Consumer Discretionary | |
Is 2023 the year when the consumer discretionary sector, led by big names including Amazon.com Inc. (NASDAQ: AMZN), Home Depot Inc. (NYSE: HD), NIKE Inc. (NYSE: NKE), McDonald’s Corporation (NYSE: MCD) and the beleaguered Tesla Inc. (NASDAQ: TSLA) will come roaring back?
According to rese... Read the Full Story |
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Communication Services | |
The investment world has long loved classifying dividend-paying stocks into groups beyond sector, industry and style.
Since there is a special value to a company that consistently boosts its cash distributions, categories have been developed to recognize such tenures. The Dividend Kings sit atop... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Energy | |
It was a year of many firsts. Scientists discovered a black hole in the center of the galaxy. The men’s World Cup saw its first-ever female lead referee.
And in the stock market, 2022 marked the first time that a publicly traded company, Apple, hit the $3 trillion mark (although short-lived... Read the Full Story |
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Technology | |
The HKD AMTD Digital (NYSE: HKD) stock price has been on an enormous rally that started a couple of days ago.
Shares of the Hong Kong fintech company closed at $10.07 on 4 Jan and now trade hands for $29.75 at the time of writing. Most of that value climb came from today's trading session.
... Read the Full Story |
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From Our Partners | | When Moonshot AI's new model rattled overnight markets, stocks gapped down 1 percent before the open, and history shows the story doesn't end there.
Between 9 30 and 9 50 AM, Wall Street settles nearly 25 percent of the day's total volume in a single 20 minute window, often revealing market direction for the rest of the morning.
A former money manager breaks down the floor data behind this pattern, including a June 25th session where inflation surged past 4 percent and the market moved just 0.3 percent afterward. | | Watch the full video breakdown before access is taken down |
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Markets | |
Health Care stocks can be a good investment for long-term growth and stability. The healthcare industry is generally less susceptible to economic downturns. It is expected to see steady growth in the coming years due to an aging population and increasing demand for healthcare services.
However, n... Read the Full Story |
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Consumer Discretionary | |
Luxury outerwear apparel maker Canada Goose Holdings Inc. (NASDAQ: GOOS) stock sank (-52.5%) in 2022. The turnaround in China’s zero-COVID policy is a surprise as it is set on reopening its economy. The slowdown in China prompted earlier cuts to sales forecasts and guidance for its next quar... Read the Full Story |
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Markets | |
Why Warren Buffett Just Invested $29 Billion In This “Dying Industry”
Warren Buffett has placed his next big bet.
His firm, Berkshire Hathaway, has increased its stake in this firm to 21%1.
This is only the beginning though, as he has been granted approval to buy up to 50% of ava... Read the Full Story |
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Consumer Staples | |
The dividend payout ratio is among the most crucial dividend metrics for new investors to master. Consider learning how to calculate dividend payout ratio to learn the dividend payment measure relative to a company's earnings. The higher the ratio, the more a company's earnings are paid as a divid... Read the Full Story |
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Technology | |
If you are wondering if now is the time to buy Apple (NASDAQ: AAPL), the best answer is maybe. Maybe it’s a good time to buy the worlds leading consumer products manufacturer, maybe it’s time to invest in this company’s robust cash pile and safe dividend, but maybe it's time to s... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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