Good MorningEquity markets rebounded strongly on Wednesday as fear of the Fed was overcome by optimism for earnings growth later in the year. The move was led by tech stocks like Apple and Amazon which gained 2% and 3%, respectively. The S&P 500 advanced about 1.5% at the day's high, closing near the highs and shy of a 2-week high. If the market can advance again and set a new high, it will open the door for a more significant move.
The risk is that resistance for the broad market is not far above. The 4,100 level has been significant resistance multiple times, and there is reason to believe it will again. The PCE Price Index is due out on Friday and it is expected to confirm the Fed's stance. This means investors should expect at least one more interest rate hike, and for economic pressure to mount. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
Shares of pandemic-era growth winner CloudFlare Inc. (NYSE: NET) are forming a bullish correction near their 10-week moving average.
In another piece of good news, the stock’s 50-day line crossed above its 200-day average earlier this month and the gap continues to widen. You can learn mor... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Basic Materials | |
Fertilizers play a crucial role in agriculture and food production, making them a critical component of global economic growth. As the world's population continues to grow, the demand for food will only increase, making fertilizer a potentially lucrative industry to invest in. But how can investor... Read the Full Story |
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Retail/Wholesale | |
Dave & Buster's Entertainment Inc. (NASDAQ: PLAY) has been working hard to improve its operations and growth capability since the pandemic began. The restaurant rebound has helped drive revenue and earnings to levels well above pre-pandemic times.
In this light, Dave & Buster's stock tra... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Basic Materials | |
Chasing stock prices higher is rarely a sound investment strategy, but there are times when it can pay off, and Cal-Maine Foods Inc. (NASDAQ: CALM) might be one of them. Dynamics within the egg-laying hen population have this company set up for windfall profits akin to the oil industry. The highl... Read the Full Story |
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Energy | |
In the stock market, big hits have been more challenging to uncover, including among the best mid-cap stocks.
Over the past 12 months, less than 1% of some 6,600 U.S. stocks have doubled or better. Macro and geopolitical pressures have been largely to blame, with the S&P 500 down 12% in this... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Consumer Discretionary | |
The price action in Lululemon Athletica Inc. (NASDAQ: LULU) became muted for the last several quarters due to fears of slowing growth and underperformance that have yet to materialize. The latest results prove the company has loyal followers, is reaching new markets and can sustain high levels of ... Read the Full Story |
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Business Services | |
Throughout the economic history of the United States, every recession has brought on a typical interest rate cycle caused by dire economic circumstances, followed by increased inflation and asset bubbles due to the low interest rate environment. Apart from macroeconomics, microeconomics, namely pe... Read the Full Story |
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Retail/Wholesale | |
Despite massively underperforming the broader market in 2022, the tech sector has underperformed this year. Nowhere is this more obvious than in the major indices, with the tech-heavy NASDAQ up a full 15% since the first trading day of January versus the broader S&P 500’s 4%. It’s ... Read the Full Story |
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Technology | |
Micron Technology Inc. (NASDAQ: MU) moves higher on solid results and has the analysts doubling down on their outlook. The Q2 results were a bit of a surprise but show that the bottom in the memory chip market is close and that the long-term outlook remains favorable. This means upward revisions t... Read the Full Story |
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Markets | |
M.D.C. Holdings, Inc. (NYSE: M.D.C.) Radian Group Inc. (NYSE: RDN) and Century Communities (NYSE: CCS) are three undervalued dividend payers. All are involved with some aspect of the home-buying industry.
The phrase “undervalued” gets thrown around a lot, so it’s important to u... Read the Full Story |
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Thursday's Early Bird Stock Of The Day-logo.png?v=20211130090720) The Real Good Food Company, Inc., through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co. brand name, as well as sells private-label products. The company serves retailers, which primarily sell its products through natural and conventional grocery, drug, club, and mass merchandise stores. It also sells its products through its e-commerce channel, which includes direct-to-consumer sales through its website, as well as through its retail customers' online platforms. The company was formerly known as Project Clean, Inc. and changed its name to The Real Good Food Company, Inc. in October 2021. The Real Good Food Company, Inc. was founded in 2016 and is based in Cherry Hill, New Jersey. | | View Today's Stock Pick |
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