Good MorningEquity markets were mixed on Tuesday as investors brace for an onslaught of earnings reports. The bulk of S&P 500 companies will report earnings over the next 4 weeks and provide a deep look into the state of the economy. The expectation is for earnings growth to resume; the question is how inflation and high-interest rates impact the outlook. If the S&P 500 performs better than expected but guidance is lowered, the market is likely to fall.
The S&P opened lower on Tuesday but moved higher early in the session. However, the advance was capped below 4,400, the critical line to cross. If the market can not get above that level soon, another correction is likely. The sell-off could become profound if the correction coincides with poor guidance or other bad news. Other potentially bad news on the horizon is the September read of PCE prices and the upcoming FOMC meeting. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
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Medical | |
Plenty of businesses, such as PepsiCo Inc. (NYSE: PEP) and Walmart Inc. (NYSE: WMT), have been under the microscope on fears of potential earnings decreases due to growing use of products like Novo Nordisk A/S' (NYSE: NVO) Ozempic, and similar drugs made by Eli Lilly & Co. (NYSE: LLY).
While... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Technology | |
Will tightened restrictions on U.S. companies selling AI chips to China mean companies like Nvidia Corp. (NASDAQ: NVDA) will see their stocks tumble?
Despite working through a correction that began in early September, Nvidia remains the best performer in the S&P 500 this year, propelled by le... Read the Full Story |
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Consumer Staples | |
The consumer staples sector, known for its stability and essential role in daily life, represents companies producing household goods like food, beverages, and personal care products.
The industry is characterized by its resilience, stability, and inelastic demand. In times of economic uncertain... Read the Full Story |
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From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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Auto/Tires/Trucks | |
By now, most market participants are aware of the UAW (United Auto Workers) union strikes, which pose a significant risk to domestic auto manufacturers and their profitability. That is about as far as the soundbite goes, but you are no ordinary investor, so you go one step further.
Realizing the ... Read the Full Story |
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Finance | |
There are bubbles, and then there are bubbles; some associate the recent hype in Airbnb (NASDAQ: ABNB) with a significant mispricing opportunity, shining a light on traditional hotel platforms and long-standing brand names.
Sure, Airbnb offers a unique experience and flexibility, but that only go... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Aerospace | |
Escalating global tension and international conflict is good for the military industry and stocks like Lockheed Martin (NYSE: LMT). The conflict in Ukraine and the new war in Israel have governments worldwide replacing and ramping up stockpiles of material and ammunition, which is clearly seen in ... Read the Full Story |
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Technology | |
Shares of Meta Platforms Inc (NASDAQ: META) have been on fire for the past year, gaining more than 250% in value from the multi-year lows they touched last November. It's turning into a remarkable comeback story, considering that less than twelve months ago, they were trading back at 2015 levels. ... Read the Full Story |
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Consumer Discretionary | |
Geopolitical turmoil in Ukraine and Israel. J.P. Morgan CEO Jamie Dimon’s stark warning about not only military conflict but also the burgeoning national debt. Massive swings in commodity prices.
With Halloween fast approaching, a witches’ brew of capital market risks has investors fl... Read the Full Story |
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Medical | |
Last Wednesday, shares of Tempest Therapeutics (NASDAQ: TPST), a stock you probably have never heard of, surged over 4000%. No, that isn’t a typo.
Remarkably, the stock did not have fundamentally changing news. It did not rocket higher on breaking news that would typically be associated wit... Read the Full Story |
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Consumer Discretionary | |
Lululemon Athletica Inc. (NASDAQ: LULU) closed 10.31% higher on October 16 in monster trading volume on news the company was joining the S&P 500.
The retailer of athletic and leisure clothing is replacing Activision Blizzard, which is no longer a publicly traded company after Microsoft Corp. ... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment. It also provides compression services in various shale plays, including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara, and Fayetteville shales. As of December 31, 2017, the company had approximately 1,799,781 horsepower in its fleet. It serves oil companies; and independent producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression GP, LLC operates as the general partner of USA Compression Partners, LP. The company was formerly known as Compression Holdings, LP, and changed its name to USA Compression Partners, LP in June 2011. USA Compression Partners, LP was founded in 1998 and is headquartered in Austin, Texas. | | View Today's Stock Pick |
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