Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), Tencent Holdings Limited (OTCMKTS: TCEHY), Samsung Electronics (OTCMKTS: SSNLF), Alibaba Group Holding Ltd. (NYSE: BABA), Vale SA (NYSE: VALE), and Infosys Limited (NYSE: INFY) are some of the biggest companies classified as emerging-market .... |
Good MorningEquity markets advanced on Tuesday, adding nearly 1.0% to the S&P 500 despite inflation data and the FOMC threat. The move means that hot inflation and a hawkish Fed are priced into the market, but there is a risk. The risk is that market participants are mispricing the outlook, and the news could be bracing. As it is, economists expect core CPI to hold steady on a month-to-month basis and to subside 0.2% to 5.3% YOY, numbers that should keep interest rates high through the end of the year, if not longer.
The S&P is in melt-up mode. The index has moved above the 4,300 level and is on track to retest the all-time highs set during the peak of the stimulus bubble. The move could result in a new all-time high, although there is little reason for 1. However, investors looking to ride this rally should be cautious because the 2nd half may not be as good as expected. The 2nd quarter earnings cycle begins in mid-July and could cap the market if the outlook for Q3 and Q4 deteriorates. Featured: SAGA Metals nears a key milestone in critical minerals race (Ad) 
| Consumer Discretionary | |
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), Tencent Holdings Limited (OTCMKTS: TCEHY), Samsung Electronics (OTCMKTS: SSNLF), Alibaba Group Holding Ltd. (NYSE: BABA), Vale SA (NYSE: VALE), and Infosys Limited (NYSE: INFY) are some of the biggest companies classified as emerging-market ... Read the Full Story |
| From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
| Healthcare | |
Shares of Cardinal Health (NYSE: CAH) have nearly doubled over the last year and are leading the S&P 500 in 2023, but the gains are not over. The company updated its outlook at the recent investor day, and the details are bullish for the market. The takeaway is that profitability is on the ris... Read the Full Story |
| Consumer Discretionary | |
DraftKings' (NASDAQ: DKNG) upswing is gaining momentum and offers a royally good upside for investors. The Q1 results were strong and came with robust guidance that sparked a wave of commentary from the analysts. The analysts are not uniform in their praise, but even the sole downgrade with the ch... Read the Full Story |
| From Our Partners | | Trader Chris Pulver says a new SEC document dropping the day-trading limit to $2,000 has created the biggest retail opportunity he has seen in over 30 years.
His strategy targets what he calls Flashpoints - moments when market makers must move billions of dollars on the S-P 500 in a narrow window. Research shows one recent signal would have returned 83.7% in 36 minutes and another 62.8% in 51 minutes.
Lance Ippolito flew to Utah for a full breakdown of the method. | | Tap here to see the complete Flashpoint trading breakdown now |
| Communication Services | |
Shares of Walt Disney (NYSE: DIS) were trading as high as $203 per share just two years ago when justifiable reasons to worry about the underlying business fundamentals and drivers should have been at all-time highs. Today, the stock broke below $90 per share for a 58% decline since 2021.
Conside... Read the Full Story |
| Markets | |
Unless you've been hiding under a rock, you should know about the artificial intelligence (AI) mania that has hooked mainstream attention. Numerous articles and videos talk about AI. The stock market has blown up stocks that are involved with AI. Finding an AI stock to place your bets in can be a ... Read the Full Story |
| From Our Partners | | A 20-minute read could change how you approach your next options trade. Chris Pulver is giving away his guide, Right About The Market, Wrong About The Money, free of charge.
Built from two decades of trading experience, the guide tackles a common problem: losing a trade even when your market call was correct.
No cost, no catch, just a packed resource for options traders who want a sharper edge. | | Click here to get your free copy of the guide |
| Industrials | |
Insiders and major institutions are buying penny stocks. The names on the list today include 3 deep-value plays that offer deep-value plays for risk-tolerant investors. Among them are NN Inc. (NASDAQ: NNBR), Great Elm Group (NASDAQ: GEG), and Purple Innovation, Inc. (NASDAQ: PRPL), which provide a... Read the Full Story |
| Consumer Discretionary | |
In its second lap around the public markets, Mobileye Global Inc. (NASDAQ:MBLY) is off to a fast start. Nearly a decade removed from becoming the largest Israeli IPO in U.S. history, the former Intel unit has advanced more than 50% since hitting the Nasdaq in October 2022.
Much has changed in th... Read the Full Story |
| Consumer Discretionary | |
Global coffee and beverage products retailer Starbucks Co. (NYSE: SBUX) stock has largely been absent in the stock market rally, with the S&P 500 index up 12.9% versus its (2.8%) decline YTD. The company has grown its digital loyalty program to more than 30.8 million customers, which account f... Read the Full Story |
| Consumer Discretionary | |
Iconic motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) stock has been in the dumps since its strong fiscal Q1 2023 earnings release. Harley Davison falls behind Polaris Inc. (NYSE: PII) as the largest motorcycle manufacturer in the U.S. The company beat estimates and improved margins, but... Read the Full Story |
| Consumer Discretionary | |
General Motors Co.’s (NYSE: GM) announcement that it is following Ford Motor Co. (NYSE: F) into the world of Tesla Inc. (NASDAQ: TSLA) EV chargers is proof that the auto industry is finally addressing real-world challenges inherent with the rapid push to vehicle electrification.
Maybe you ... Read the Full Story |
| Tuesday's Early Bird Stock Of The Day Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises. The company also publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier's Civilization, XCOM series, Borderlands, and Tiny Tina's Wonderland names. In addition, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; mobile titles, including WWE SuperCard; and PGA TOUR 2K. Further, the company offers Kerbal Space Program and OlliOlli World; free-to-play mobile games, such as CSR Racing, Dragon City, Empires & Puzzles, FarmVille, Golf Rival, Harry Potter: Puzzles & Spells, Match Factory!, Merge Dragons!, Merge Magic!, Monster Legends, Toon Blast, Top Eleven, Top Troops, Toy Blast, Two Dots, Words With Friends, and Zynga Poker; and hyper-casual mobile titles, including Fill the Fridge!, Parking Jam 3D, Power Slap, Pull the Pin, Twisted Tangle, and Tangled Snakes. Its products are designed for console gaming systems; personal computers; and mobiles comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York. | | View Today's Stock Pick |
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