Good MorningEquity markets rallied on Friday to end the week higher after rates on the 10-year treasury pulled back from the critical 4.0% level. The move should not be trusted due to the ongoing impacts of inflation and the outlook for FOMC interest rate hikes. The latest data shows inflation is accelerating and the Fed is on track to hike rates well above the 5.0% level. The risk for the market is that next week's NFP data will be vital and coupled with rising wages that will keep the Fed on its current path.
Next week brings another round of earnings reports although the peak of Q4 reporting is long past. Next week's reports include many small and mid-cap names along with Oracle. Oracle is noteworthy because it marks the mid-point between peak earnings season and the start of Q1 reporting. The company is expected to report a significant increase in YOY revenue and earnings that may be hard to match. Featured: Elon’s big $266,000 per second purchase (Ad) 
|
Technology | |
Newly public companies are often among the market’s biggest percentage gainers, and 2021 initial public offerings Globalfoundries Inc. (NASDAQ: GFS), On Holding AG (NYSE: ONON), and Qualtrics International Inc. (NASDAQ: XM) may be setting up for a fresh round of price gains.
Fortunately fo... Read the Full Story |
|
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 |
|
Energy | |
The stock market has changed over the last year, and it no longer favors unprofitable fad stocks. These days, companies with yield, quality assets, and resilient business models are reaping the rewards. It's a shift that value investors say comes about a decade late.
After all, why bother with st... Read the Full Story |
|
Finance | |
Canadian financial institutions Royal Bank of Canada (NYSE: RY), Bank of Montreal (NYSE: BMO), and Bank of Novia Scotia (NYSE: BNS) all raised their dividends since February 28, as MarketBeat’s data on recent dividend increases show.
All three banks are large caps and heavily weighted comp... Read the Full Story |
|
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 |
|
Technology | |
February was a tough month for the market but all is not lost. Stocks like Salesforce.com (NYSE: CRM), Meta Platforms (NASDAQ: META), and NVIDIA (NASDAQ: NVDA) came out with many upgrades that have these stocks not only bottoming but in reversal. While hurdles remain, these market-leading best-in-... Read the Full Story |
|
Technology | |
Is Zscaler (NASDAQ: ZS) buyable on this dip? Wedbush analyst Dan Ives thinks so. In his view, the Q4 billings were not a wow number, which is one reason the market is moving lower. Based on the outlook for federal spending and the long-term outlook for cyber-security spending, the pullback is an o... Read the Full Story |
|
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. |
|
Markets | |
The semiconductor industry had been peaceful for several years before the COVID-19 pandemic. The biggest and most powerful players shared a level playing field regarding supply chains, market share, and intellectual property barriers. That was the case until the presidential term of 2016-2020, whi... Read the Full Story |
|
Markets | |
If you own a portfolio of dividend stocks, you might wonder how to earn more income from your investments.
You can follow one simple strategy to unlock more income from your portfolio. This strategy involves limited risk and may also lead to appreciable upside returns.
Let’s cover this st... Read the Full Story |
|
Auto/Tires/Trucks | |
It’s too soon to call October 13th the low for U.S. stocks. With the Federal Reserve steadfast in its view of higher rates for longer, equity valuations may not have yet reached the basement.
The good news is that the stock market has distanced itself from its 2022 bottom. And with some Fed... Read the Full Story |
|
Transportation | |
Oil tankers have been on an uptrend for the past year, with no real signs of slowing down. In one of the latest developments, Nordic American Tanker Ltd. (NYSE: NAT) on February 27, boosted its shareholder payout by 200%, from $0.05 a share to $0.15, according to MarketBeat data on dividend increa... Read the Full Story |
|
Technology | |
High-growth cloud computing firm Snowflake (NYSE: SNOW) reported earnings after the close on Wednesday, and the results were not what investors were hoping for. The stock dropped by 11% following the earnings report, which showed disappointing guidance.
Snowflake is one of the fastest-growing tec... Read the Full Story |
|
Monday's Early Bird Stock Of The Day Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. The company offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative and congenital conditions, deformity, tumors, and trauma injuries; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional solutions to treat vertebral compression fractures; and regenerative biologic products comprising of allografts and synthetic alternatives. It also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and hip and knee joint solutions, including modular hip stems and acetabular cups, as well as posterior stabilizing and cruciate retaining knee arthroplasty implants. In addition, the company distributes human cell, tissue, and cellular and tissue-based products. It sells its products through direct or distributor sales representatives, as well as hip and knee products through independent sales agents. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania. | | View Today's Stock Pick |
|
