Good MorningThe sell-off in equities gained momentum on Thursday after traders digested the meaning of Fed chief Jerome Powell's latest comments. The takeaway is that FOMC interest rates can be expected to rise past the 5.5% mark and possibly top 6.0% by mid-year. This means another 50 basis point hike is on the table, and another could follow if the data does not warrant it. The next big hurdle regarding data is the CPI index which is due out next week, and it should be expected to confirm the acceleration of inflation indicated by the PCE price index.
The S&P 500 formed a large black candle that again confirms the presence of resistance at the short-term moving average and the 4,000 level. The candle moved down to set a new low which is the most concerning part, and this low may lead to additional lows today and next week. A hot CPI report could be the catalyst that takes this market back down to the 2022 lows. Featured: Move Your Money Here Before August 31st (Ad) 
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Consumer Discretionary | |
Etsy, Inc. (NASDAQ:ETSY) is worth roughly one-third what it was during its pandemic heyday. To some, it is a victim of pushed forward demand and hypernormal growth destined to never repeat. To others, it is a floundering business struggling to find its way in the post-Covid economy.
The polarizin... 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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Energy | |
Cameco (NYSE: CCJ) is the second-largest uranium producer globally. The company mines uranium at its Saskatchewan, Canada-based Key Lake and Cigar Lake mines. It sells it primarily to utility companies that operate nuclear power plants.
Because uranium has been in a bear market since 2007, invest... Read the Full Story |
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Healthcare | |
Large-cap medical device maker Stryker Corp. (NYSE: SYK) is consolidating along its 50-day moving average, a bullish sign as the stock takes a breather after a run-up that began last year.
The stock has rallied 7.46% in the past three months. It ran to a high of $284 on February 3, after gapping ... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Consumer Discretionary | |
The outlook for 2023 and 2024 earnings may lead you to believe that discretionary stocks (NYSEARCA: XLY) like Fossil Group (NASDAQ: FOSL) would be a good bet in 2023, but they aren’t; yet. The outlook for 2023 is for earnings to decline in the discretionary sector by more than 21.2% and the ... Read the Full Story |
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Consumer Staples | |
BJ’s Wholesale Club Holdings, Inc (NYSE: BJ) has been firing on all cylinders and has yet to misfire. The company has been growing via store count, member count, and expanded services and producing market-beating results all along the way. The takeaway from the Q4 results and guidance for 20... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Consumer Discretionary | |
Higher interest rates may make it more difficult for a vast population to fulfill their dreams of owning a home or any real estate. However, as Fed Chairman Jerome Powell stated, it is not the job of the Fed to ensure that everyone can buy a home and interest rates - along with unemployment rates ... Read the Full Story |
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Consumer Discretionary | |
Income investors have a range of strategies at their disposal when it comes to dividends. High yield stocks. Monthly payouts. Special dividends. More recently, companies such as ConocoPhillips are offering ordinary dividends plus variable return of cash (VROC) that relates to quarterly performance... Read the Full Story |
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Consumer Discretionary | |
A 25% jump on Tuesday meant shares of Sea Limited (NYSE: SE) were among the best-performing equities on the day. They managed to hold onto their gains in yesterday’s session and look set to continue consolidating at their highest level since August. They’re up a full 95% from November&... Read the Full Story |
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Industrials | |
REV Group (NYSE: REVG) shares put in a bottom just days before the Q4 report when Robert W. Baird analyst Mircea Dobre upped the stock to Outperform from Neutral. According to the firm, REV Group benefits from supply chain improvements, a high backlog, and an opportunity for margin expansion with ... Read the Full Story |
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Energy | |
When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the year.
Top-performing tanker companies include TORM PLC (NASDAQ: TRMD), which broke out of a cup-sha... Read the Full Story |
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Friday's Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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