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’s big $266,000 per second purchase (Ad) 
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Auto/Tires/Trucks | |
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 | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
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Retail/Wholesale | |
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 | | 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 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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Business Services | |
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 | | 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.
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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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Aerospace | |
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 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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