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: The 7 Stocks Quietly Gaining Attention Right Now (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 | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
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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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Consumer Discretionary | |
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 | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Consumer Staples | |
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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Utilities | |
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 | | A small-cap gold and silver royalty company is generating record revenue from producing mines, yet shares still trade under 1 dollar.
It just signed the largest transaction in its history, a new gold streaming deal backed by a strategic relationship with a major mining investment firm.
A well-known sector financier has invested his own money and joins the CEO in an exclusive interview breaking down the full story. | | Click here for instant access to the free report now |
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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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Finance | |
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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Consumer Discretionary | |
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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