Good MorningEquity markets advanced another day on Tuesday, taking the S&P 500 up by 0.3% to set a 2-month closing high. The rally is the 2nd longest for the year and may continue higher, given solid results from retailers next week. The risk is that retailers' profits and guidance will fall short of the consensus and cap gains for the index, and there are reasons to fear. Reports are due from Walmart, Target, and Home Depot; 2 of which have struggled this year.
This week's risk is Fed-related. There are a dozen speaking engagements on the calendar, including an IMF panel discussion with Jerome Powell. The discussion will surely hit on inflation and monetary policy so that it will be closely watched for clues. The latest indications are that the peak of the FOMC rate hiking cycle is near; words contrary to that outlook will harm the market. If the S&P 500 is unable to get above 4,350 by the end of the Q3 reporting period, the odds are high that another deep stock market correction will follow. Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Technology | |
Edge cloud platform operator Fastly, Inc. (NASDAQ: FSLY) is a content delivery network (CDN) provider enabling fast, secure and stable delivery of data and applications like live streaming and on-demand music and video. It is the world's fastest and most reliable serverless compute platform on the... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Utilities | |
The world of energy stocks is going through changes nearly every week. The swings in the price of oil are sending further shocks that investors are only beginning to digest as part of a new normal. Their solution? Diversify away risk into other sources of energy, those that the world likes to call... Read the Full Story |
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Healthcare | |
Buy-and-hold investing may seem like a boring activity, but it is the path to sustained wealth building. Building positions over time that leverage growth, capital returns, and capital return growth results in accelerating returns and market-beating performance. Buy-and-hold investing focuses on b... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Communication Services | |
Since reporting earnings, shares of Roku (NASDAQ: ROKU) have been one of the hottest-performing large-cap stocks. Roku stock is up almost 40% after reporting better-than-expected Q3 results and issuing strong guidance.
Rather impressively, since gapping up following its earnings release, shares ... Read the Full Story |
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Consumer Discretionary | |
Today's market is interested in one thing and one thing only. That something is growth. That's particularly true when the underlying economy is facing the possibility of stagflation, that is, a lack of growth coupled with sustained high levels of inflation.
Investors are scrambling to find busine... Read the Full Story |
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From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Healthcare | |
GSK (NYSE: GSK) is not immune to the patent cliff faced by the pharmaceutical industry, but it is about as well prepared as it can be. The company faces a smaller impact than others, has years to go before the impact is felt, and is well on track to grow now and replace the lost revenue when paten... Read the Full Story |
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Healthcare | |
An integer can be any number, positive or negative — but for Integer Holdings Corporation (NYSE: ITGR), the number 105 may be a good fit.
On October 27th, Benchmark Co. analyst Robert Wasserman gave the medical device outsource (MDO) manufacturer a Buy rating and $105 price target. The targ... Read the Full Story |
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Finance | |
The SPDR S&P Regional Banking ETF (NYSEARCA: KRE) closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.
It’s a story of two industries, banking and trucking, that may be indicating where the broader economy is headed.
Some o... Read the Full Story |
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Finance | |
Inflation and high interest rates are leaving less money in American wallets…but more money at some U.S. banks, including Capital One Financial Corporation (NYSE: COF).
The company’s recently reported third-quarter results reveal that consumers continue to carry high revolving loan a... Read the Full Story |
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Industrials | |
It is no secret that Warren Buffett's baby-turned-giant, Berkshire Hathaway (NYSE: BRK.A), has been piling up a record level of cash on hand. This can only mean two things are top of mind for the legendary investor: one is the lack of any decent deal in today's market, and second, he may be expect... Read the Full Story |
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Wednesday'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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