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: Do Not Buy Another AI Stock Before Seeing This (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 | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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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 | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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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 | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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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 Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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