Good MorningEquity markets were flat on Monday as traders brace for a big week for stocks. Not only is the October read of the CPI due, but there is a raft of earnings reports from the retail sector and Retail Sales data on the calendar. The market expects to see weakness in consumer spending and may not be disappointed. The latest data from the NRF shows retail sales contracting for the 2nd month. Retailers slated to report earnings include Home Depot, Target, Walmart, and the TJX Companies.
The S&P 500 is poised to advance, given an excuse to do so. That may come with the CPI data, which is expected to show cooling inflation compared to last year. If the figures come in cooler than expected, specifically at the core level, the market will most likely rally on renewed hope that the FOMC has reached the cycle's peak. If not, the market may be capped near recent highs and enter another correction before the end of the year. Featured: The $15 Gold Fund That Pays Up to $1,152/Month (Ad) 
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Healthcare | |
Everyone likes to feel like they're getting a bargain when buying something. It's no different when it comes to buying stocks. One of the most widely used technical tools for assessing a stock's value is the Relative Strength Index (RSI). Each stock has one, and it assesses a stock's recent perfor... Read the Full Story |
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From Our Partners | | Anthropic, the maker of Claude AI, has reportedly filed for an IPO that could arrive as early as Novemeber. Its valuation has doubled since the announcement, with some estimates putting the company's worth near 3 trillion dollars by IPO day.
Google, Amazon, Nvidia and Microsoft have all taken stakes, while Goldman Sachs, Morgan Stanley and JPMorgan are competing for private shares. Anthropic's annualized revenue reportedly grew 80 times in the first quarter alone.
See how investors are positioning ahead of this closely watched IPO. | | Learn how to get a stake before the Anthropic IPO |
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Finance | |
When Square changed its name to Block Inc. (NYSE: SQ) in 2021, it did so to reflect a new beginning as the company grew beyond just being a payment processor. The company embarked on developing multiple ecosystems, creating a diversified portfolio of services under one umbrella. Today, the company... Read the Full Story |
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Consumer Discretionary | |
Most people, especially those on Wall Street, like to mystify the factors that have brought success to investors like Warren Buffett and Ray Dalio. They can make you feel that only 'professionals' can show you the way to riches. They may also charge you obscene fees, eating into your total return.... Read the Full Story |
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From Our Partners | | Jim Rickards believes the Trump administration is about to take a direct stake in a $2 stock sitting on the largest mineral reserve in the country - enough gold for a new Fort Knox, enough copper to rebuild the U.S. electric grid 25 times over.
The Trump administration has previously staked positions in MP Materials, Lithium America, Trilogy Metals, and USA Rare Earth - each time shares moved higher. A landmark policy decision expected before November 3 could reprice this stock from $2 to $20 or more within a year. | | Click here to see why Rickards believes this stock is next |
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Technology | |
Cybersecurity products and services provider Gen Digital Inc. (NASDAQ: GEN) may not sound familiar until you discover its products and brands. While enterprise cybersecurity firms like Palo Alto Networks Inc. (NASDAQ: PANW) and Crowdstrike Holdings Inc. (NASDAQ: CRWD) get the spotlight, consumer c... Read the Full Story |
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Healthcare | |
Marketbeat's stock screening tools are a wealth of investment ideas, including the 52-week low list. Stocks trading at 52-week lows often provide oversold value ready to spring back, given the right catalysts. Remember that stocks trading at or near their 52-week lows may also be in a downtrend, s... Read the Full Story |
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From Our Partners | | 17,556% on KDA. 3,900% on PRE. 2,650% on OCEAN. Every single one of these was recommended to our community before the big move happened.
Now, I'm making my next big call. It's a coin under $1.00 that most investors have never heard of. But the world's largest bank is already building on it. It has a deflationary burn mechanism tied directly to institutional usage.
With Bitcoin well off its highs and fear still hanging over the market, this is the exact environment where my biggest winners have been found. | | Click to see my #1 pick. |
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Markets | |
There is a power shift in the mining sector, and tons of variables are up in the air for grabs between the world's two economic powerhouses, the United States and China. When mining lithium and other essential metals is needed for the next technological revolution, there's more upside than you thi... Read the Full Story |
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Energy | |
They say that you should take analyst projections and ratings with a grain of salt and that the actual language of the market is read through valuation ratios and price action. You could follow this logic, but as often does, it will probably lead you down a rabbit hole of ideas and wasted brain po... Read the Full Story |
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Technology | |
It’s no big deal to visit the Apple Inc. (NASDAQ: AAPL) app store, Alphabet Inc.’s (NASDAQ: GOOGL) Google Play or Microsoft Corp.’s (NASDAQ: MSFT) store.
ChatGPT operator OpenAI, of which Microsoft owns a 49% stake, is planning to put a new spin on that process.
In the announ... Read the Full Story |
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Technology | |
Microsoft (NASDAQ: MSFT), the blue-chip tech juggernaut, recently hit an all-time high when the stock hit $370.10 on Friday. With a market capitalization soaring to an impressive $2.75 trillion, Microsoft is positioned as one of the most valuable companies globally, trailing only slightly behind A... Read the Full Story |
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Technology | |
The overall market continued to surge higher this week, posting impressive gains for the past two weeks back-to-back. This surge higher has been led by the technology sector, with the Technology Sector ETF (NYSE: XLK) closing the week up an impressive 4.93%.
However, one sector stands out after r... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints. The company also provides workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure web sessions, workforce password management, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; Conjur Enterprise and Conjur Cloud, which offers a secrets management solution for specific requirements; Secrets Hub, a centralized visibility and management platform; Cloud Security solutions; Identity Management solutions, including lifecycle management, identity flows, identity compliance, and directory services; and Secure Browser. The company serves financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies. The company was incorporated in 1996 and is headquartered in Petah Tikva, Israel. | | View Today's Stock Pick |
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