Good MorningEquity markets pulled back in late day trading on Thursday as the realities of high inflation set in. The January PPI report confirmed that inflation is not only running hot and well above the Fed's target rate but also accelerating again. In this light, the expectation for FOMC easing later in 2023 is misplaced due to a growing need for ongoing action. The risk now is not that the FOMC may cause a recession but that it now needs to cause a recession to tamp down inflation.
Friday's action could tell the tale, is the S&P 500 in a rally that can continue or is it at the peak and about to correct? As it is, the S&P 500 index is having difficulty getting over resistance at the 4,150 level and bearish indications are firming. Another pullback in the price action, given the decline in outlook for S&P 500 earnings, could easily retest the 2022 market lows and even set a new low. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
|
Energy | | Pipeline operators Enterprise Product Partners L.P. (NYSE: EPD), Energy Transfer L.P. (NYSE: ET) and MPLX L.P. (NYSE: MPLX) are among energy-industry master limited partnerships outperforming the broader market while also throwing off high dividend yields.
That makes some of these companies worthy... Read the Full Story |
|
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 |
|
Industrials | |
Generac Holdings, Inc. (NYSE: GNRC) stock is up 7% the day after it posted mixed fourth-quarter and full-year earnings on February 15. But the stock is down 4% from the post-earnings rally that briefly took shares above $140 per share.
The rally has to be a relief to shareholders who have had t... Read the Full Story |
|
Retail/Wholesale | |
O’Reilly Automotive Inc. (NASDAQ: ORLY) is in buy range after clearing a base with a buy point north of $856.57. Investors hit the accelerator on February 9 following the company’s better-than-expected fourth-quarter report.
The company cited strength in both the consumer DIY segment... Read the Full Story |
|
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 |
|
Consumer Discretionary | |
The travel industry has been one of the most challenging sectors to invest in for the past few years, as COVID-19 was such a gut shot to the industry. Travel volume went to near-zero virtually overnight, and it still hasn't fully recovered.
While the US Travel Association doesn’t see a full... Read the Full Story |
|
Retail/Wholesale | |
Bloomin’ Brands (NASDAQ: BLMN) is blossoming after years of rocky recovery in the post-pandemic world. The company just released results well above pre-pandemic levels and indicated business was thriving despite headwinds. The most telling detail of the report is the dividend. The company cu... Read the Full Story |
|
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 |
|
Industrials | |
Zebra Technologies (NASDAQ: ZBRA) chart has all the hallmarks of a reversal about to be confirmed. The chart shows a clear bottom with a Head & Shoulders pattern that has already broken above the 150-day EMA. This action is backed up by the indicators consistent with the reversal and shows a t... Read the Full Story |
|
Medical | |
Next time you take your dog or cat to the vet, there’s a good chance the clinic is using products made by Zoetis Inc. (NYSE: ZTS).
The stock is up 7.99 in the past week, after topping fourth-quarter views in its February 14 report. It also guided toward robust sales this year. Shares gappe... Read the Full Story |
|
Finance | |
Equity markets have been moving higher for the last 2 months on a wave of bullish sentiment that may take the S&P 500 up another notch or 2. The problem is that this wave of sentiment is driven by a lessening of bad news, not good news, and means this is a bear market rally and not a recovery ... Read the Full Story |
|
Technology | |
Cisco Systems (NASDAQ: CSCO) has many attractive qualities that make it a good choice for today’s times. The company is a blue-chip tech business focused on the infrastructure of the Internet and networking. Hence, it has well-established operations and some insulation from consumer activity... Read the Full Story |
|
Technology | |
Considering shares fell 90% last year, investors might be surprised to learn that there is still a bull case for Affirm Holdings Inc (NASDAQ: AFRM). But the fintech company, founded in 2012 and IPO’d in January 2021, has had a wild ride in its first two years of public trading, and it doesn&... Read the Full Story |
|
Friday's Early Bird Stock Of The Day Purple Innovation, Inc. designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand. It markets and sells its products through its e-commerce online channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms, as well as through its website, Purple.com. The company was founded in 2010 and is headquartered in Lehi, Utah. | | View Today's Stock Pick |
|