Good MorningEquity markets pulled back on Tuesday as investor confidence erodes. Persistent high inflation, high interest rates, and a lack of debt ceiling resolution have taken their toll, and markets are facing volatility until the issue is resolved. Additionally, there is growing concern discretionary spending will fall sharply this summer and lead to recession.
The next turning point for the market may be at hand. The S&P 500 is within a critical resistance zone with key inflation data due Friday. The PCE price index is expected to remain hot and keep the Fed on its current path.That is still the question to be answered and the market generally doesn't like uncertainty.
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Markets | |
Are you hungry for a good investment? It might be time to learn how to invest in grocery stores. Most of us visit supermarkets and other grocery retailers weekly or even daily, so it's an industry we're all familiar with. These businesses can significantly grow your portfolio and take advantage of... Read the Full Story |
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Consumer Staples | |
Williams-Sonoma (NYSE: WSM) investors are celebrating a 2.3% rally in WSM stock today; the bullish reactions at the market open on Tuesday morning come after the company reported its first quarter 2023 earnings results. As the company outperforms competitors like RH (NYSE: RH) on both a technical ... Read the Full Story |
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Finance | |
It is no surprise if you are interested in Ladder Corporation (NYSE: LADR). The stock hit bottom earlier this year; it is in a new uptrend and pays a 9% yield. The question is, what is Ladder Corporation, and is it a good buy?
Ladder Corporation is a mortgage-focused REIT or real estate investme... 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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Medical | |
Microbot Medical Inc. (NASDAQ: MBOT) stock spiked more than 150% on a massive 194 million share volume on a successful pre-clinical animal study for its LIBERTY surgical robotic system. Shares hit a high of $4.37 intraday before closing at $3.19 on May 22, 2023. The company also announced a $1.4 m... Read the Full Story |
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Retail/Wholesale | |
PetMed Express (NASDAQ: PETS) has struggled for years but may have finally hit bottom. The company’s primary competitor, Chewy.com (NASDAQ: CHWY), dominates and takes market share. The good news is that pet trends remain positive and will help support the company as it completes its turnarou... 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.
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Retail/Wholesale | |
BJ's Wholesale Club (NYSE: BJ) reported its first quarter 2023 earnings results on Tuesday morning when the broader stock market index was trading lower by a quarter of a percentage point. Investor concerns for a debt-ceiling crisis, which have caused the decline for the indexes, have taken BJ sto... Read the Full Story |
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Technology | | Having once been the poster child for stocks that benefited from the pandemic, shares of Zoom Video Communications Inc (NASDAQ: ZM) have since experienced a hero-to-zero transformation that has few parallels. As recently as the start of this month, they were trading $0.50 higher than their all-time ... Read the Full Story |
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Retail/Wholesale | |
The Consumer Discretionary Sector ETF (NYSEARCA: XLY) is set up for a reversal, and the outlook is certainly in line with that, but a growing number of reports, including the Q1 report from Lowe’s (NYSE: LOW), suggests that the rebound is over. The report from Lowe’s confirms a shift i... Read the Full Story |
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Retail/Wholesale | |
Shares of AutoZone (NYSE: AZO) has delivered investors a jaw-dropping rally, which has not hit any speed bumps since its start in 2021. As other operators in the industry, such as Advance Advance Auto Parts (NYSE: AAP), underperform AutoZone stock by as much as eighty percent during the past twelv... Read the Full Story |
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Retail/Wholesale | |
Reports from names like Walmart (NYSE: WMT), Target (NYSE: TGT), Home Depot (NYSE: HD), Lowe’s (NYSE: LOW), and Foot Locker (NYSE: FL) have signaled a new reality for discretionary spending that Dick’s Sporting Goods (NYSE: DKS) is immune from. While the others speak of shifting trends... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans. In addition, it offers escrow and settlement services. The company provides its products and services through its main office in Cleveland, Ohio; and multiple full-service branches and loan production offices located throughout the states of Ohio and Florida. TFS Financial Corporation was founded in 1938 and is headquartered in Cleveland, Ohio. TFS Financial Corporation is a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC. | | View Today's Stock Pick |
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