Good MorningEquity markets tried to rebound from Wednesday's unexpected selloff on Thursday but failed to regain the prior days' losses. The S&P gained 1% for the day but closed well off the highs for the week. The weekly pattern suggests a rising level of fear ahead of the PCE report, due out Friday. The PCE report is expected to confirm slowing inflation but at an insufficient pace to allow the FOMC to cut interest rates soon.
The S&P 500 price action shows resistance below the all-time high, a critical hurdle for the market. Given the proper catalyst, resistance at this level could lead to range-bound trading or a sharp correction. That catalyst could come soon, given the risk of inflation accelerating. Oil markets are already stabilizing after their correction, and ocean-going freight rates are through the roof on geopolitical concerns centered on the Red Sea. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Markets | |
Investing wisely for retirement is crucial, especially as Social Security's reliability wanes amidst a growing national deficit. Relying solely on government subsidies could be a precarious gamble. Supplementing fixed income sources becomes essential; the earlier you start, the bigger your nest eg... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Markets | |
A Roth IRA is a tax-advantaged individual retirement account that you can use to contribute after-tax dollars. How many Roth IRAs can I have?
If you follow the rules, Roth IRAs have the advantage of tax-free growth and withdrawals.
You can have as many Roth IRAs as you desire, but the annual c... Read the Full Story |
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Technology | |
Move over FAANG, there’s a new and improved basket of stocks leading the way: The ‘Magnificent Seven.’
Earlier this year, Bank of America's Michael Hartnett dubbed a group of top stocks the "Magnificent Seven". These global leading companies focus on tech trends like AI, cloud c... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Technology | |
Santa Claus rally or not, the analysts are upping their targets on some high-quality tech names that stand to rally strongly in 2024.
Salesforce.com Inc. (NYSE: CRM), Zscaler Inc. (NASDAQ: ZS) and Workday Inc. (NASDAQ: WDAY) are all supported by secular trends that should sustain their growth, a... Read the Full Story |
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Consumer Discretionary | |
The big swoosh is set to look a little deflated heading into 2024 after Nike Inc (NYSE: NKE) reported its fiscal Q2 earnings last night. Shares had been rallying since the end of September, gaining close to 40% through yesterday's close, so expectations were clearly high for a strong result. That ... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Auto/Tires/Trucks | |
It’s tough to think of a company whose CEO is more polarizing than Tesla Inc.’s (NASDAQ: TSLA) Elon Musk.
But doubts about Musk, along with an embarrassing incident in which a new Tesla cybertruck got stuck in the snow, and a more serious safety recall situation, haven’t stoppe... Read the Full Story |
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Consumer Staples | |
When an economic downturn arrives, many investors focus on the benefits that consumer staples can offer them. As the name suggests, consumer staples are products consumers rely on as "staples" in their daily lives. Household cleaning supplies, toiletries, and food products are all examples of cons... Read the Full Story |
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Industrials | |
Looking for new technology to invest in?
Pull up a seat and join the club.
New tech is always a popular and exciting investment idea since groundbreaking tech advancements tend to attract gobs of money. However, tech is a volatile sector, and these companies infrequently experience success on ... Read the Full Story |
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Retail/Wholesale | |
Like one of its colorful salad bowls, fast-casual restaurant chain CAVA Group Inc. (NYSE: CAVA) has been a mix of green and red since its June 2023 IPO.
The Mediterranean-themed Chipotle challenger ran nearly 60% in its first two months of trading on a healthy investor appetite for new issues. I... Read the Full Story |
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Auto/Tires/Trucks | |
RV stocks have been struggling to regain traction following the social-distancing craze that drove them to record highs. The problems were rising prices and an inventory glut compounded by high interest rates.
Now, data from the RVIAA suggests that industry normalization is at hand, and growth w... Read the Full Story |
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Monday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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