Good MorningEquity markets pulled back on Monday to potentially end 5 straight weeks of historic market gains. The S&P 500 rose more than 12% in that time to set a new high for the year but may not be able to move much higher. The market is still trading within a significant range, and there is little reason to think it can continue to rally. While the peak of the Fed's interest rate cycle is near, there is still much uncertainty in the 2024 outlook, and the consensus figures for earnings growth continue to decline. The latest figures for Q4 have S&P 500 EPS growth at only 3%, down nearly 1000 basis points from the peak set earlier this year.
Economic data is the most visible market-moving event this week. About a dozen reports are due, with the NFP and labor data topping the list. The NFP is expected to show persistent strength in the labor market and give the FOMC little leeway with their next decisions. Consumer inflation is cooling, but tight labor market conditions are a tinder box for inflation provided a catalyst: the Fed indicating lower rates are coming is a catalyst the market is desperate to see. Featured: SEPT 25th — Become 1 of 1,806,000 New “Musk Millionaires” (Ad) 
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Consumer Discretionary | |
In the iconic classic tale of "A Christmas Carol," Ebenezer Scrooge is a cold and frugal cheapskate. But the geezer wouldn’t pass up an opportunity at a bargain. These three stocks have been beaten down and tossed away. But a closer look at the fundamentals and impending catalysts like inter... Read the Full Story |
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From Our Partners | | Don't buy Nvidia... Not when the AI companies that will define the next decade are selling for pennies. You won't find them on any stock exchange.
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Communication Services | |
When tech stocks crash, investors perk up and look for reasons why. In this case, one cause sticks out above the rest — rising interest rates. Why do tech stocks go down when interest rates rise?
Rising interest rates can harm any stock, but tech companies tend to feel the burn more than o... Read the Full Story |
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Technology | |
The headwinds that drove Snowflake (NYSE: SNOW) shares to their 2022 lows began to recede early this year. Persistent outperformance and solid guidance supported by better-than-expected business spending were enough to get the analysts to stop lowering their targets. As the year progressed, the tr... Read the Full Story |
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From Our Partners | | If you have $2M or more saved, the 4% rule points to roughly $92,000 a year - but it's a single-variable answer to a multi-variable problem. Withdrawal sequencing, sequence-of-returns risk, Roth conversion timing, and legacy goals can all shift your real number significantly.
Research from Vanguard suggests advisor best practices - covering allocation, rebalancing, tax management, and behavioral coaching - may add roughly 3% in net annual return potential. Morningstar's 2025 data shows the average investor return gap is 1.2% per year due to mistimed buying and selling.
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Technology | |
Enterprise flash data storage solutions provider Pure Storage Inc. (NYSE: PSTG) stock took a rare sell-off when it guided down its Q4 2023 revenue guidance, causing shares to collapse 15%. This comes as a shock, especially in light of competitor Network Appliances Inc. (NASDAQ: NTAP) 's EPS beat a... Read the Full Story |
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Consumer Staples | |
Energy drink stocks have been in a growth spurt as more consumers discover them. Like coffee, they can be addictive and habit-forming, especially when they contain nutritious ingredients or have healthy benefits. Many drinks have gone so far as to show clinical studies proving the benefits of impr... Read the Full Story |
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From Our Partners | | No president has moved markets like Trump, adding and erasing trillions in value seemingly at will.
Analyst Larry says that's only the warm-up. He points to a plan that's obsessed Trump for over a decade, one he believes could send billions into a single ticker.
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Healthcare | |
The year 2023 was a breakout year for glucagon-like peptide (GLP-1) weight-loss drugs in the medical sector, led by the popularity of Ozempic. Celebrity usage and social media exposure have caused Novo Nordisk A/S (NYSE: NVO) Semaglutide drug Ozempic to go mainstream and viral as countless consume... Read the Full Story |
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Technology | |
Dell Technologies (NYSE: DELL) Q3 results weren’t stellar but give the market reason to cheer. The results are mixed with revenue weakness offset by a significant margin improvement, a positive outlook and robust capital returns. The takeaway is that the 5% drop in share prices is a buying o... Read the Full Story |
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Consumer Discretionary | |
The time to put your feet up and enjoy the S&P 500 making new 52-week highs has yet to arrive; it is far from it. Now that the VIX is at its lowest level since 2019, most stocks will bathe in the bullish sentiment, and a massive profit party will soon be thrown around.
Unfortunately, for some... Read the Full Story |
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Healthcare | |
It's that time of year when people are doing their holiday shopping and making their gift list — and checking it twice. Whether you're a parent planning gifts for your children of any age, including adult children, or you're thinking about gift ideas for other family members, friends or anyo... Read the Full Story |
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Consumer Discretionary | |
When it comes to low-priced small-cap stocks, FIGS, Inc. (NYSE: FIGS) bears much fruit.
The direct-to-consumer (DTC) apparel maker for healthcare professionals is pursuing growth on multiple fronts. Product extensions, overseas expansion and surprising partnerships with well-known consumer brand... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months. The company has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel and ticketing, apparel, accessories, consumer electronics, and jewelry. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California. | | View Today's Stock Pick |
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