Good MorningEquities markets began the day in the green on Thursday but reversed course later. The combined impact of rising oil prices and hawkish Fed-Speak sapped bullish sentiment and drove the S&P 500 down more than 1.0%. Oil prices climbed 2.5% despite easing sanctions on Venezuela. The news is good, but it will be years before Venezuela's oil infrastructure can support large-scale production. WTI has confirmed support at a key level and will likely move higher and underpin inflation.
In other news, Fed chief Jerome Powell says inflation is still too high. In his view, economic growth may have to slow for inflation to hit the 2% target, meaning high rates will be here indefinitely. The risk now is that oil prices will keep the Fed on the brakes, leading to another interest rate hike. In this scenario, more banks fail, and economic slowing could result in a full-blown recession. As it is, the US is only expected to grow by 1.5%, which is far less than the pace of inflation. Featured: The Calm Before the Rotation — What’s Quietly Building Now (Stock Wire News) (Ad) 
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Communication Services | |
Netflix, Inc. (NASDAQ: NFLX) stock shot up more than 16% in midday trading the day after it reported blockbuster earnings. But after rocketing past its 200-day and 50-day simple moving averages, is there still room for investors to get involved with NFLX stock?
The streaming giant added nearly 9... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Technology | |
Shares of Adobe Inc. (NASDAQ: ADBE) are forming a flat base with a 13% correction beneath a September 8 high of $570.24.
While many stocks have tumbled as AI optimism is taking a breather, Adobe has held up. The S&P 500 component is outperforming the S&P 500 by a wide margin on both a th... Read the Full Story |
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Materials | |
Since October 5, gold prices have been doing what they tend to do: Rise amid economic and geopolitical uncertainties. That’s why so many investors consider gold either a safe haven or a hedge against falling stock prices.
Gold miners Alamos Gold Inc. (NYSE: AGI) and Gold Fields Limited (NYS... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Industrials | |
The post-pandemic revenge travel boom may be winding down, at least depending on which company you ask.
Revenge travel refers to the boom that occurred as Covid restrictions eased and people rebooked canceled travel plans and took advantage of their freedom to move around again.
Shares of Amer... Read the Full Story |
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Consumer Staples | |
Today's market is not the one you inherited many years ago; this is entirely different. With giants like BlackRock (NYSE: BLK) and The Goldman Sachs Group (NYSE: GS) guiding their own ships toward a mix of yield and liquidity and away from what seems to be overvalued stocks, you, too, can adjust a... Read the Full Story |
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From Our Partners | | Tobacco, telecom, pipelines, and healthcare real estate trade at 10 to 15 times earnings while the index yields about 1 percent.
A free report highlights seven cash-generating stocks with a 5 percent forward yield floor and roughly 6.5 percent average cash yield, capped at two picks per sector.
Each pick includes coverage numbers and an honest bear case. Five of the seven have raised payouts for 17 to 56 straight years. | | Get the seven high-yield dividend stocks free now |
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Industrials | |
United Airlines (NASDAQ: UAL) shares fell following a better-than-expected Q3 report suggesting an entry point is developing. The news is offset by weaker-than-expected guidance caused by factors outside the company’s control. The war in Israel is disrupting travel to the country and the reg... Read the Full Story |
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Consumer Discretionary | |
Homebuilders as a group were trading lower following the U.S. Census Bureau’s report that more single-family homes were built in September than in August.
However, the actual number of homes built came in below views, and discouraging news about mortgage applications also hurt the sector.
... Read the Full Story |
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Consumer Staples | |
Turbulence lies ahead of you, with today's market being dislocated from left to right, up and down. Rising interest rates and slowing business activity in the United States have sparked a new wave of capital flows, which all seem to have two goals: liquidity and yield.
Today, MarketBeat is bringi... Read the Full Story |
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Markets | |
In the investing world, not all exchange-traded funds (ETFs) are created equal. Quite literally, most aren’t.
Most ETFs use a market capitalization weighting scheme to determine how much gets invested in each security. For simplicity, let’s say an equity fund is comprised of three st... Read the Full Story |
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Industrials | |
Shares of J.B. Hunt (NASDAQ: JBHT) are moving lower following the Q3 release, and they may fall lower, but that is a good thing for a buy-and-hold forever stock. The company’s results are solid despite relative weakness compared to last year, suggesting the long-term outlook is as good as ev... Read the Full Story |
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Friday'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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