Good MorningIt was a game-changing week for equities last week. Fed chief Jerome Powell's commentary walloped the market that inflation was not tamed, rates would continue to rise, and peak interest rates may be higher than the market is forecasting. The news caused the market to sell off more than 200 points and create the largest red candle in months. The signal is that S&P 500 stocks are unlikely to move any higher this year and that downward risk is increasing. The last several candles like this led to further declines from 5% to 10%.
This week will be another hurdle for the market. The CPI data is due out on Tuesday and is expected to be hot. Another hot read of inflation data will keep the Fed on track to raise rates at least another 100 basis points; the next hike could be 50. The Fed needs to get the market's attention; its only weapon is interest rates. Featured: The zero overnight risk trade signal is live (Ad) 
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Consumer Discretionary | |
Mortgage rates have risen to their highest levels in the past two decades, hovering at and above the 7% mark. The typical advice that mortgage lenders and real estate brokers give, and are doubling down on, during these challenging inflationary times is to 'Marry the house, date the rate'. However... Read the Full Story |
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From Our Partners | | In 1974, Henry Kissinger helped create the U.S.-Saudi Arabia Joint Commission on Economic Cooperation - a little-known arrangement that tied global oil trade to the U.S. dollar for 50 years. On June 9, 2024, it quietly expired.
Garrett Goggin, CFA, CMT, believes this dollar reset could hit stocks, real estate, and retirement accounts hard - with inflation potentially running 10% to 15% for years. He has identified a small group of gold stocks he thinks are positioned to benefit as the dollar system shifts. | | Read Garrett Goggin's full presentation on the dollar reset now |
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Finance | |
Investors who want exposure to real estate, but who don’t want to deal with clogged toilets, leaky roofs, and late rental payments often turn to real estate investment trusts, or REITs, which are reliable sources of income.
The largest publicly traded REIT, by market cap, is Prologis Inc. ... Read the Full Story |
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Financial Services | |
We're witnessing the second-largest bank failure in United States history as regulators shut down Silicon Valley Bank (NASDAQ: SIVB). Nobody has any idea what the implications are. Will regulators step in and make uninsured depositors whole?
The response from regulators is up in the air. The Fede... Read the Full Story |
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From Our Partners | | A scheduled announcement on July 31st could reshuffle the stock market's winners and losers - and one lesser-known name may be positioned to benefit while the Magnificent 7 stumbles.
Smaller, overlooked stocks are showing growing potential to challenge AI's biggest players. One specific ticker stands out heading into that date. | | Get the name and ticker of this stock on your radar now |
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Financial Services | |
Investors who are looking for a break from market volatility are understandably concerned about the collapse of SVB Financial Group (NASDAQ: SIVB) the parent company of Silicon Valley Bank, on Friday, March 10. The instinct to push the panic button may be strong. But when it comes to your investme... Read the Full Story |
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Technology | |
Let's face it, 2022 was an ugly year for the stock market, with the NASDAQ 100 falling (32.58%) and the S&P 500 falling (18.17%). Individual stocks performed even worse. The two bright areas of performance were in the energy and healthcare sectors. Rising interest rates sent bond yields higher... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - the duo who identified Nvidia a decade ago - are forecasting that Elon Musk's AI breakthrough they call 'M.A.G.I.' will collide with a rare market pattern by July 30.
That pattern carries a 100% historical track record. The last time it triggered, early investors had a chance to turn $10,000 into as much as $350,000 in roughly 12 months. | | See the full breakdown of their AI prediction before July 30 |
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Financial Services | |
Friday was supposed to be about the February jobs report and its impact on Fed rate hikes — but SVB Financial Group (NASDAQ: SIVB) stole the show.
Financial regulators closed the nation’s 16th largest bank, a mere two days after the company raised capital and sold assets below cost. T... Read the Full Story |
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Energy | |
The offshore drilling industry was destroyed by the COVID crisis, with many companies like Valaris (NYSE: VAL) going bankrupt due to low oil prices. But the industry is rebounding, and drilling companies are receiving top dollar to rent their rigs.
But it's not the same old cycle. While ramp-ups ... Read the Full Story |
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Consumer Staples | |
With the broad market heading lower and the outlook for earnings declining, consumer staples stocks are starting to look attractive again. These companies are primarily blue-chip quality companies with a degree of immunity from economic downturns and often pay market-beating dividends.
Today, nam... Read the Full Story |
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Consumer Discretionary | |
American Outdoor Brands, Inc. (NASDAQ: AOUT) is up nearly 1.0% the day after the company reported disappointing earnings for its fiscal third quarter. American Outdoor Brands missed on both the top and bottom lines. But the company may be enjoying a halo effect from the strong results of its forme... Read the Full Story |
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Technology | |
Oracle (NASDAQ: ORCL) is an interesting story for more reasons than 1 and 1 of those reasons is its position within the reporting cycle. This blue-chip, legacy tech company shifting to cloud services reports almost precisely between the cycle's peaks, making it a bellwether for the sector and the ... Read the Full Story |
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Monday's Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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