Good MorningEquity markets could surge on Tuesday when the stock market reopens from the Memorial Day holiday. Powers in Washington, D.C., have struck a debt-ceiling deal and averted the risk of a US default. While good news, the real risk lies with inflation and interest rates, which are still rising. A rally in the stock market may be short-lived because of it, so investors should beware.
This weeks calendar brings another round of retail earnings and reports from AI-centric tech names like Ambarella. Ambarells is set to report earnings on Tuesday morning and could be the next AI stock to melt up. On the economic front, the monthly labor data is center stage and may move the markets on Friday. Job creation is important, but the bigger data may be the unemployment and wage inflation numbers. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Medical | |
Elevation Oncology (NASDAQ: ELEV) is a biotech company that focuses on discovering and developing cancer therapies. The company aims to treat patients with various solid tumors with significant unmet medical needs. Elevation states on its website: "We have a passion for identifying true precision ... 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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Markets | |
As Bed Bath & Beyond (NASDAQ: BBBY) goes through the painful and defeating process of declaring bankruptcy, investors who have a financial - and often emotional - vested interest in other similar companies are feeling the heat of what could happen when things go wrong. Big Lots (NYSE: BIG) sha... Read the Full Story |
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Technology | |
Marvell Technology (NASDAQ: MRVL) started moving higher before the Q1 earnings were released because of results released by NVIDIA (NASDAQ: NVDA). NVIDIA’s results were down compared to last year but well above the consensus estimate and came with solid guidance. The guidance is mind-blowing... 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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Retail/Wholesale | |
Some investors are blessed with the opportunity to participate in the growth and development of a business that genuinely carries the 'recession-proof' badge of honor. Unfortunately, recession concerns have recently increased the fear gauge in markets, with many beginning to withdraw from equities... Read the Full Story |
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Finance | |
The PCE price index came hotter than expected and will profoundly impact the market. The index accelerated at the core and headline levels and on a month-to-month and YOY basis which can lead to only 1 thing: higher interest rates. The FOMC indicated a pause was possible at the last meeting but no... 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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Technology | |
It’s been a stock picker’s market lately. Indexes have been moving sideways and having trouble gaining sustained upside traction, yet there are numerous stocks not named Nvidia Corp. (NASDAQ: NVDA) that are rallying to new highs.
Recently some of those stocks include names from the u... Read the Full Story |
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Consumer Staples | |
When Gillette came out to provide the men's marketplace with a reliable grooming solution, many failed to realize that this one product line would fall swiftly into the category that investors today call 'defensive,' as characterized by low cyclicality and volatility coupled with an underlying ste... Read the Full Story |
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Medical | |
A reversal has been brewing for Medtronic (NYSE: MDT) and healthcare device makers all year. Increasing procedure volume, supply chain normalization, and innovation drive results and underpinning growth. Medtronic’s Q4 results testify to that combination and should have increased the stock p... Read the Full Story |
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Technology | | Plato once said, "Music is a moral law. It gives soul to the universe, wings to the mind, flight to the imagination, and life to everything."
The music industry can be a lucrative investment opportunity or a bottomless money pit.
Fortunately, professionals in the industry are publicly listed and... Read the Full Story |
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Consumer Discretionary | |
Shares of Ralph Lauren (NYSE: RL) are trading higher on Thursday's trading session, advancing as much as 8.2% amid bullish results from the company's first quarter 2023 earnings. RL stock chart would show it has outperformed other names in the sector, such as Under Armour (NYSE: UAA) and Levi Stra... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, extremities, and trauma products; craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open heart surgery, trauma, or for deformities of the chest. It also offers robotic, surgical, and bone cement products. The company's products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopedic surgeons, neurosurgeons, hospitals, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. The company was formerly known as Zimmer Holdings, Inc. and changed its name to Zimmer Biomet Holdings, Inc. in June 2015. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana. | | View Today's Stock Pick |
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