Good MorningEquity markets fell on Monday, starting the week on a sour note. The move was driven by continued fear of higher interest rates for longer and concern that this week's labor data will keep the Fed's foot on the brakes. The S&P 500 fell about 0.5% at the session's low, extending the losing streak to a possible 5th week. If the market can't regain traction soon, a test of the 4,150 level is inevitable.
The NFP report is due out on Friday. The report is expected to show steady job creation while wages accelerate and unemployment falls. In this scenario, the FOMC has no reason to let off the brakes and every reason to continue to keep interest rates high. The risk for the market is that a soft economic landing will keep the labor market solid and wages rising, underpinning higher-than-normal inflation keeping interest rates higher for longer. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Finance | |
The only thing to be sure of as Q4 2023 begins is uncertainty. It is uncertain if inflation is tame, if the Fed is finished hiking rates, if earnings growth will be as robust as expected, and if the market will move higher or lower. Investors need to be aware of the forces driving the market to be... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Technology | |
Another week has passed with shares of Meta Platforms (NASDAQ: META) outperforming the overall market, closing the prior week up 0.38% while the overall market was down almost 1%.
META recently made headlines after the company hosted its annual Connect product conference. It has continued to buc... Read the Full Story |
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Aerospace | |
Drones have made headlines for their key roles in headline events like the Ukraine War. According to Grandview Research, the global drone industry is estimated to grow at a compound annual growth rate (CAGR) of 13.9% in the next seven years, and 9.1% in the U.S. Applications continue to broaden, r... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Energy | |
Income investors aren't known for their risk-on attitude or speculative natures, but that doesn't mean there aren't speculations in the income-investment universe. A simple speculation is on distribution growth; in some cases, the opportunity for growth is significant. We're looking at 3 stocks th... Read the Full Story |
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Technology | |
Cloudflare Inc. (NYSE: NET) is the world's most connected cloud network, offering a serverless cloud architecture, security and artificial intelligence (AI) on the network edge to thousands of companies and millions of websites. It is a content-delivery-network (CDN) serving and partnering with ... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Retail/Wholesale | |
Arcos Dorados (NYSE: ARCO) is worth a look if you are looking for a perfect place to position money for 2024. The company is a significant player in a growing industry; it has emerging market exposure, outperforming, provides yield and value, and the sell-side is interested. These factors suggest ... Read the Full Story |
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Technology | |
Nvidia Co. (NASDAQ: NVDA) is riding high as the king of the artificial intelligence (AI) mountain, posting hypergrowth top and bottom-line forecasts. It can largely be credited for lifting the technology sector higher and legitimizing the AI boom since its unexpected blowout in fiscal Q1 2024 earn... Read the Full Story |
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Industrials | |
With winter soon approaching comes the potential for more inclement weather. Storms and blistery temperatures will drive the demand for companies that can accommodate the essential needs stemming from power outages and inclement weather. Unlike recent mild winters, the winter of 2023 to 2024 is ex... Read the Full Story |
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Consumer Discretionary | |
If you can't beat them, join them, right? It would not be too far-fetched to imagine that these were the last words spoken at Peloton (NASDAQ: PTON) and its latest board meeting, or at least a close derivative of this expression, considering the chain of events that have transpired recently.
Cons... Read the Full Story |
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Consumer Discretionary | |
When a large enough company, around $41 billion in this case, declines in valuation by nearly 30% in less than twelve months, everyone should be headed to it to figure out two things. Is the business going bust, or did something happen to upset the market temporarily?
Today, Hershey (NYSE: HSY) i... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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