Good MorningEquity markets began the week on an upswing, with the S&P 500 rising more than 1.5% at the session's high. The move was driven by some better-than-expected earnings reports and the hopes the FOMC will be lenient on Wednesday. The FOMC is expected to release its next policy move on Wednesday, and for that to be no change to base rates. However, the market should be ready for a hawkish statement. Inflation has cooled from its highs but remains hotter than target and will keep the Fed hawkish for the next year.
This week will bring a host of earnings reports with more than 150 S&P 500 companies slated to report. By the end of the week, more than 75% of the index will have reported bringing the season to its penultimate segment: retail. Until then, the season is unfolding largely as expected, with earnings growth in the low single digits and the consensus estimate for Q4 falling sharply. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
Despite a gain of 1.13% in the Invesco QQQ (NASDAQ: QQQ), which tracks the Nasdaq 100 index, Tesla Inc. (NASDAQ: TSLA) skidded 4.79% after disappointing guidance from chip supplier ON Semiconductor Corp. (NASDAQ: ON).
ON Semi reported third-quarter results, topping both earnings and revenue view... 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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Energy | |
The answer to whether Exxon Mobil (NYSE: XOM) or Chevron (NYSE: CVX) is a better buy is relative. Exxon was clearly the better buy for investors before the Q3 results were released, but now that those results are in, the tables have turned. While the 2 reported roughly in alignment with each other... Read the Full Story |
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Transportation | |
What if you heard about a stock that provided you with nearly zero downside risk while potentially promising you an 80% upside? What is it? Here's a hint: it is one of the most beaten-down names within a list of airline stocks, one that is set to ride the domestic travel wave higher than others.
... 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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Technology | |
The world's largest dedicated semiconductor foundry, Taiwan Semiconductor Manufacturing Co. Limited (NYSE: TSM), is critical to the global chip supply chain. The company produces 80% of the world's semiconductors and is the barometer of the chip industry. Some of its largest customers include Adva... Read the Full Story |
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Retail/Wholesale | |
Many consider Goldman Sachs (NYSE: GS) as one of the 'masters of the universe' when it comes to investment strategy and decisions. Fortunately for the rest of the world, these geniuses are - sometimes - generous enough to accumulate some goodwill with the public.
The bank's 'conviction list,' oth... 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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Energy | |
For decades, the financial services industry has steadfastly recommended that most investors use a simple portfolio mix of 60% stocks and 40% bonds.
There was a good reason for that advice: The 60/40 portfolio worked.
Since the 60/40 portfolio was developed in 1961, its average annual return ha... Read the Full Story |
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Technology | |
You don't hear so much about the Magnificent Seven tech stocks anymore as the S&P 500 has been selling off since August.
That group consists of Apple Inc. (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT), Alphabet Inc. (NASDAQ: GOOGL), Amazon.com Inc. (NASDAQ: AMZN), Nvidia Corp. (NASDAQ: NVDA... Read the Full Story |
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Consumer Discretionary | |
Even though the stock only IPO'd in 2021, shares of Roblox Corp (NYSE: RBLX) have given investors a wild ride in the years since. An initial 130% rally soon gave way to an 85% haircut, but the past eighteen months have seen shares trade comparatively range bound, albeit with their fair share of do... Read the Full Story |
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Retail/Wholesale | |
Having endured a horrendous 2022, shares of Amazon.com, Inc. (NASDAQ: AMZN) have been working hard to turn things around this year. Through the middle of September, they’d rallied 80% and were less than a 30% move from their 2021 all-time high. Knowing Amazon, and its ability to launch gravi... Read the Full Story |
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Retail/Wholesale | |
Restaurant stocks lost traction over the summer, but the correction is over. Results from Mcdonald's (NYSE: MCD) and Chipotle Mexican Grill (NYSE: CMG) reveal consumer spending remains solid, and companies with brand, digital, and a focus on execution can produce results for investors.
Today's ta... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. The company was founded in 1898 and is headquartered in Chicago, Illinois. | | View Today's Stock Pick |
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