Good MorningEquity markets ended the week on a down note after a host of earnings reports came in better than expected but left the outlook for the 2nd half in peril. The consensus estimates for 2nd half earnings growth continue to decline and have Q3 on the brink of turning negative. This is on top of a growing certainty that a recession is coming; the only question is when.
The takeaway from last week's economic calendar is that The Index Of Leading Indicators fell to -1.2, nearly double the expectation and an acceleration of recessionary factors. This is the 15th month of negative leading indicators, and the trend is strengthening. This week will bring another read of the PCE price index, and it may not be enough to get the market back into rally mode. Featured: The 7 Best Stocks to Own in Summer 2025 (Ad) 
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Markets | | | Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and use it to improve safety in the wake of several high-profile derailments and hire more workers Read the Full Story |
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Procter & Gamble’s (NYSE: PG) Q3 report echoes news from other Dividend Kings that have reported this week. The report is a shining example of why Dividend Kings, Dividend Aristocrats and dividend growth stocks like Procter & Gamble, Clorox (NYSE: CLX) and Genuine Parts Company (NYSE... Read the Full Story |
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Tech | | | Stocks capped a listless day of trading Friday with slight gains for the major stock indexes, closing out a quiet week on Wall Street highlighted by a batch of mostly mixed corporate earnings reports.The S&P 500, Dow Jones Industrial Average and Nasdaq composite all gained 0.1% after drifting be... Read the Full Story |
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From Our Partners | | New Hampshire just launched a Strategic Crypto Reserve — and James Altucher says it’s the first sign that “Trump’s Great Gain” has officially begun.
Altucher believes select cryptos could turn $900 into $108,000 over the next 12 months — and he’s laying out the full gameplan in a new presentation. | | See Altucher’s Trump crypto prediction here |
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Certain mining stocks are falling after the Chilean government announced its plan to change the nation's stance toward the mining industry, rightfully worrying most investors. Chile has delivered it's long-awaited - and speculated decision on giving the state majority ownership in all new mining c... Read the Full Story |
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The pandemic shook medtech companies, with procedures cut and elective surgeries pushed off until “later.” That later time is here and helping to drive results for several companies. Boston Scientific Corp. (NYSE: BSX), Dexcom Inc. (NASDAQ: DXCM) and Intuitive Surgical Inc. (NASDAQ: IS... Read the Full Story |
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Industrial stocks have been struggling to gain traction in 2023, but news from PPG Industries (NYSE: PPG) and CSX (NYSE: CSX) has these stocks melting-up. The combination of underlying business strength and internal efficiencies resulted in better-than-expected earnings reports that point to compa... Read the Full Story |
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Stocks | | | A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses.The investors are contesting an order by the Swiss Financial Market Supervisory Authority, or FINMA, that wiped out abo... Read the Full Story |
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Markets | | | CSX hauled in 15% more profit in the first quarter as the railroad's higher rates and fuel surcharges offset its higher costs.The Jacksonville, Florida-based railroad said Thursday that it earned $987 million, or 48 cents per share. That's up from $859 million, or 39 cents per share, a year ago.That... Read the Full Story |
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A vast population of market participants seems to be focused on the hype and growth potential that electric vehicles are bringing to light, however as the space is filled by companies that may or may not survive the "growth" stage or ever see profitability in their operations, investors may be bet... Read the Full Story |
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Markets | | | Fox Corp.'s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of rigging its voting mach... Read the Full Story |
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Monday's Early Bird Stock Of The Day AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas. | | View Today's Stock Pick |
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