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: Elon’s big $266,000 per second purchase (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 | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Energy | |
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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Medical | |
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 | | 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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Consumer Discretionary | |
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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Auto/Tires/Trucks | |
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 | | 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.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Medical | |
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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Medical | |
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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Retail/Wholesale | |
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 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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