Good MorningEquity markets extended their gains on Wednesday following a better-than-expected Retail Sales figure and healthy reports from retailers Target and The TJX Companies. Both produced substantial bottom-line strength, although the causes were different. In the case of TJX Companies, sales traffic led to revenue growth and margin leverage, while Target leaned into discounts to reduce inventory. The takeaway is that consumers remain resilient if price-conscious and in search of bargains.
The S&P 500 advanced about 0.5% at the session high, but weakness started to show; by the end of the session, the market was trading near break-even. The day's candle stick formation is a small spinning top with a visible upper shadow that reveals resistance below critical levels. Because the market is overbought at current levels and trading within an established range, it will likely sell off soon without another catalyst to drive it higher. The earnings season is all but over, and there are no major economic reports due until after the Thanksgiving Holiday so another catalyst may be hard to come by. Featured: Elon Musk's Next Big AI Project Could Open This Month (Ad) 
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Consumer Discretionary | |
Warren Buffett is widely regarded as the most well-known, famous, and successful investor of all time. As such, his investment decisions and changes to his holdings are closely monitored and highly anticipated by the investing community.
His company, financial heavyweight Berkshire Hathaway (NYS... Read the Full Story |
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From Our Partners | | Jeff Brown, founder and CEO of Brownstone Research, says he has uncovered what he calls one of the biggest discoveries of his career tied to the ongoing AI boom.
Brown is pointing to a key date, October 20, and is highlighting five AI-related opportunities outside the traditional stock market that most investors have never heard of. | | Click here to see the full research before October 20 |
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Consumer Discretionary | |
The big retailers have begun to report, and news from Target (NYSE: TGT) and TJX Companies (NYSE: TJX) has their shares moving in opposite directions. Target is up nearly 15%, and The TJX Companies is down about 3% following their Q3 releases. Nevertheless, Target shares will likely hit a new low ... Read the Full Story |
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Technology | |
Ambarella (NASDAQ: AMBA) reported some game-changing news for investors. The company was chosen to provide microchips for an automotive industry first. A start-up and joint venture between Ford Motor (NYSE: F) and ADT (NYSE: ADT) called Canopy uses the CVFlow SoC to power its aftermarket truck-bed... Read the Full Story |
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From Our Partners | | Jeff Brown, the former tech executive who picked Nvidia in 2016 before it surged as high as 37,800 percent, just got inside Elon Musk's new Cybercab, a vehicle with no steering wheel or pedals.
In 2018, the New York Post called Musk a total fraud. Brown's latest footage shows just how far that technology has come since then. | | Watch the Cybercab footage and judge Elon Musk's technology yourself |
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Technology | |
The world of financial markets can be a brutal jungle, filled with dangers at every turn and businesses going bankrupt or turning billionaires almost overnight. Today, some of these risks and uncertain turning points have been assessed to bring you a sensible list of companies that can be termed a... Read the Full Story |
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Industrials | |
Investing in next-gen technologies can lead to early retirement, but knowing which stock will be the next Alphabet (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), or NVIDIA (NASDAQ: NVDA) is hard. One way to mitigate the risk is to follow the smart money. Smart money is represented by insiders, institution... Read the Full Story |
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From Our Partners | | Jeff Brown, the former tech executive who called the rise of Bitcoin, Tesla, and Nvidia years early, is tracking a new Elon Musk project he calls the most epic AI initiative in history.
The plan could give Musk access to 50 times more computing power than the rest of the world combined, a development Brown says is drawing attention from executives at Amazon, Microsoft, and Google.
Brown compares the scale of this project to the SpaceX IPO, which minted thousands of millionaires overnight. | | Click here to see the full details on Musk's next big move |
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Markets | |
In what’s shaping up to be another strong week for U.S. equities, traders have much to be thankful for heading into Thanksgiving week.
November 14th’s headline Consumer Price Index (CPI) reading for October came in at a cooler-than-expected 3.2%. The market cheered the result because ... Read the Full Story |
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Technology | |
Just when investors were starting to wonder if shares of Datadog Inc (NASDAQ: DDOG) were doomed to fall back to their pre-summer lows, the tech company delivered a strong earnings beat that completely reversed the trend.
In last week's report, both headline numbers were higher than analysts had ... Read the Full Story |
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Consumer Discretionary | |
Apparel stocks have struggled over the past year with margin fear, shifting consumer habits, inflation, and slowing growth as part of the narrative. Today's takeaway is that specialty apparel makers are rebounding within the group and have a positive outlook for the remainder of the year and next ... Read the Full Story |
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Technology | |
Tower Semiconductor Ltd. (NASDAQ: TSEM) is a well-positioned player in the global semiconductor market. Its analog-focused semiconductor manufacturing technology is in demand by industries across verticals, and it is a pure play on foundries at a time when the industry is trying to ramp up product... Read the Full Story |
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Industrials | |
Boeing (NYSE: BA) has rallied as much as 22.7% during the past week. This is only the beginning of a significant rally underway, which may help erase the decline in the stock that saw its start as far back as 2019. Analysts and markets are aligned with the massive upside that this stock is promisi... Read the Full Story |
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Thursday'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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