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: 120 days remain before new defense mineral rules take effect (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 | | 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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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 | | A new tool called Oracle tracks insider bets hidden in the predictions market, flagging which stocks and options could be affected.
During beta testing, Oracle identified notable short-term moves including USO up 39% in four days, PLTR up 43% in a day, and WEN up 67% in two days, all through a regular brokerage account.
See how Oracle spots these hidden insider bets before they make headlines. | | Get free access to Oracle and see the data 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 | | Each morning, the Wave Software scans the market for stocks quietly building momentum over days or weeks, then narrows the list to a single name showing signs of an imminent move.
From there, it outlines specific options criteria designed to match that potential move, giving traders a complete setup before the market opens.
No guesswork, no scanning countless charts, just one focused opportunity to evaluate each day. | | See how the Wave Software pinpoints daily trade opportunities before 9 am. |
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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 GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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