Good MorningEquity markets surged on better-than-expected results from Facebook parent Meta Platforms. The news sent the stock up more than 20% and the NASDAQ more than 3.0%, but both closed well off of their highs. The takeaway from the report is that business has bottomed, but there are still hurdles ahead, so investors should be wary of the surge in prices.
The S&P 500 gained more than 1.25% on Wednesday and broke above 4,150. This is a potentially bullish move for the market, but risk is still ahead. The 4,300 level marks the top of a significant resistance range and needs to be broken for the rally to continue. If not, this market may peak soon and begin to move lower. The forward outlook for earnings continues to weaken, and that is what will drive the market into the end of Q1 and start of Q2 2023. Featured: This tiny piece of glass could be bigger than GPUs (Ad) 
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Technology | |
If you’re still thinking of Microsoft Corporation (NASDAQ: MSFT) as a sleepy maker of productivity tools, then its massive forays into the world of artificial intelligence may surprise you.
More of its product offerings incorporate AI solutions as the company aims to grow its capabilities ... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Markets | | If you were an active trader during the early months of 2021, you could watch the meme stock rally unfold in real time. Investors and institutions will study the events of that time for decades as immense fortunes were made (and lost) in just a few weeks. While meme stocks are fizzling out today, it... Read the Full Story |
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Markets | |
Gains in Tesla Inc. (NASDAQ: TSLA), Zoom Video Communications Inc. (NASDAQ: ZM) and Exact Sciences Corp. (NASDAQ: EXAS) are propelling the Ark Innovation ETF (NYSEARCA: ARKK) to better-than-ever monthly gains.
Does that mean the Ark Innovation ETF, which notched one of the best performances among... Read the Full Story |
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From Our Partners | | A small public company trading under $5 a share operates inside the secure perimeter of Kennedy Space Center, right alongside SpaceX and Blue Origin.
It holds a special agreement to use a multi-billion dollar federal launch facility for just $500, and its customer list already includes the Pentagon, Lockheed Martin, and GE Aerospace.
Most Wall Street analysts have not caught on yet, but a major milestone could change that soon. | | Click here to see the company behind the gates |
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Consumer Discretionary | |
Mullen Automotive (NASDAQ: MULN) did it again. The company released more good news that has the market moving higher. The latest news in a string of positive events that could launch this company to success is a new pilot program at LAX. The program collaborates with Menzies and builds on the part... Read the Full Story |
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Consumer Discretionary | |
Harley-Davidson (NYSE: HOG) has not had an easy time over the past 5 or 6 years, but those tough times are rapidly falling behind. The company’s Hardwire strategic plan and the push into EV via the LiveWire segment are gaining traction and have this stock set up for a good year in 2023. Econ... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Communication Services | |
Meta Platforms (NASDAQ: META), formerly known as Facebook, showed signs of a bottom long before the Q4 results were released. However, the combination of technical activity and analysts' sentiment had the stock in a rebound from 7-year lows, which was confirmed by the Q4 results. The question now ... Read the Full Story |
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Industrials | |
Alaska Air Group (NYSE: ALK) recently published its Q4'22 and FY22 results, which are generally positive.
Shares of the airline are up 1.21% over the past five days and even higher at a 22.96% gain over the past month. However, the company isn't looking too good over the past year, as it's curren... Read the Full Story |
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Technology | |
Apple Inc (NASDAQ: AAPL) is set to report earnings for the first quarter of the fiscal year 2023 after this evening’s closing bell. As one of the world's largest and most influential tech companies, Apple's earnings report is always highly anticipated by investors and industry experts.
Ther... Read the Full Story |
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Communication Services | |
T-Mobile US Inc. (NASDAQ: TMUS) had a choppy day after reporting mixed earnings. But the company is up about 3% for the week starting January 30. And TMUS stock took part in the January effect by climbing over 9% for the month.
The company is reporting that its affordable pricing plans are help... Read the Full Story |
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Energy | |
The market for Exxon Mobil Corporation (NYSE: XOM) was mixed in the wake of the Q4 results because the company did not raise its dividend like Chevron (NYSE: CVX) did. There was a possibility the company could do so, although it was slim, considering it had just increased the payout the previous q... Read the Full Story |
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Friday's Early Bird Stock Of The Day Cadiz Inc., together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources. It serves public water systems, government agencies, and other clients. Cadiz Inc. was founded in 1983 and is based in Los Angeles, California. | | View Today's Stock Pick |
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