Good MorningThe selling on Wall Street gained momentum on Tuesday, with the S&P 500 falling more than 1.5% at the session's low. The move was driven by a mounting fear that inflation is not tamed and that the FOMC will hike rates again this year. The fear of rising rates and the potential for recession is seen clearly in the yield for the 10-year treasury, which rose to a new high on Tuesday.
The JOLTs report was another catalyst for Tuesday's selloff. The JOLTs report revealed a higher-than-expected number of job openings, pointing to economic resilience. The problem is that job growth and wage creation lead to consumer health, demand, and inflation, which is a problem now. Data due out today includes the ADP report and the Challenger, Gray & Christmas report on layoffs, which should reinforce the idea of labor market health and keep the FOMC's foot on the economic brakes. Featured: Move Your Money Here Before August 31st (Ad) 
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Consumer Staples | |
The consumer staples sector is getting beaten up in the 2nd half of 2023, and for no other reason than the sector is boring. It's growing but not quickly; it's not outperforming, but it has been widening margins and driving cash flow, which is of interest. Widening margins and improving cash flow ... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Industrials | |
A look at the short sale lists is always interesting because there are usually as many names worthy of buying as selling. Marketbeat.com's list of high-short-interest stocks is no different than usual in early October; many names are trending lower for a reason, but also a few potential candidates... Read the Full Story |
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Industrials | |
When you're looking to buy a stock to gain exposure to a particular industry, you're frequently choosing between companies with similar business models.
FedEx Corp. (NYSE: FDX) and United Parcel Service Inc. (NYSE: UPS) are similar businesses, but the stocks have behaved quite differently this y... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Consumer Discretionary | |
Shares of Ralph Lauren Corp (NYSE: RL) have been trading in a relatively narrow range for much of the past eight years. That's not to say there haven't been many ups and downs in the meantime, because there have, but the reality is they're currently trading for the same price they were back in 201... Read the Full Story |
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Consumer Discretionary | |
Amazon Goes Big on AI to Bolster Cloud Dominance
Amazon.com (NASDAQ: AMZN)
U.S. Mega Cap / Consumer Discretionary / Broadline Retail
The Anthropic Topic
The upcoming Prime Day may be top of mind for Amazon.com consumers — but for Amazon investors, it's all about artificial inte... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Markets | |
Whether or not the FOMC raises interest rates again this year is meaningless in the grand picture. As uncertain as the next move is, interest rates will certainly be high for a long time. The only thing that can alter that outlook is a hard landing, which raises the question of whether a soft lan... Read the Full Story |
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Utilities | |
With inflation across the United States proving to be more persistent than initially thought and the FED raising the cost of financing in myriad products from new homes to car loans, it is more important than ever for your money to really crank up the sweat factory.
An excellent place to start is... Read the Full Story |
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Materials | |
Since riding the pandemic global e-commerce boom, International Paper Company (NYSE: IP) has been beaten to a pulp. With demand lower and costs higher, shares of the packaging products specialist fell as much as 53% from their 2021 peak this summer. Ahead of the all-important holiday shopping seas... Read the Full Story |
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Real Estate | |
Like other retail-focused real estate investment trusts (REITs), Regency Centers (NASDAQ: REG) is trading well off its 2022 high. Higher interest rates have dragged the group lower because they make it more expensive to purchase properties and borrow money for development. In the case of S&P 5... Read the Full Story |
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Markets | |
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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Wednesday's Early Bird Stock Of The Day OGE Energy Corp., together with its subsidiaries, operates as an energy services provider in the United States. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 896,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma. | | View Today's Stock Pick |
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