Good MorningEquity markets advanced last week after cooler-than-expected inflation led the market to price in fewer rate hikes. The S&P 500 advanced 2.5% for the week and closed at a new 12-month high. The index is trending higher and may increase to a new all-time high by the end of the summer. The caveat is that inflation remains high relative to the Fed's target, and the committee remains on track for additional rate hikes.
The risk for the market is that inflation will cool and stabilize at a lower level but at a level still too hot for economic stability. In that scenario, the Fed could hike rates again later this year and put the base rate at 550 basis points or higher. That would push mortgage rates above 8.0% and cap demand for goods and services across industries and verticals. So, the market marches higher, but it may be headed for a hard ceiling and another deep correction. Featured: 25 candidates screened. 5 made it. (Ad) 
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Technology | |
A few decades ago, a comedian named Murray Langston made a splash with an alter ego he dubbed “the unknown comic.” Langson was funny, but nobody knew who he was, since he performed with a bag over his head.
You could think of Adobe Inc. (NASDAQ: ADBE) is the unknown tech that’s ... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Consumer Discretionary | | Investors who are looking for stability and steady growth often turn toward blue chip stocks. Blue chip stocks are shares in large, well-established companies with a history of reliable performance. Known for their robust balance sheets, solid dividends, and market dominance, these stocks are consid... Read the Full Story |
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Finance | | The SPDR S&P 500 ETF Trust (NYSEARCA: SPY) has been trading within a tight channel during the past year, hovering between the $420 and $375 per share marks. This trading range could be seen as 'indecision' from broader market participants, and only 'directional' data can bring certainty for thes... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Finance | |
Not too long ago, commercial and investment banks passed the annual FED 'stress test,' where banks are under the heat of liquidity and leverage scrutiny. The leading United States firms passed with flying colors, and some of these names followed the results by boosting their dividend payouts hands... Read the Full Story |
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Markets | | A new earnings season is beginning to kick off, bringing on periods of increased volatility and opportunity to investors as long as they position themselves within the favored industries and names in the economy. As a nation's profit center, banks are considered one of the most important names to re... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Finance | |
The price action in JPMorgan Chase & Company (NYSE: JPM) has been bullish all year. The prospect of higher interest rates, widening margins, and increased earnings have helped to drive the market. That action produced a solid, if unusual, Head & Shoulders Reversal Pattern that has now been... Read the Full Story |
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Consumer Discretionary | |
Shares of Nikola (NASDAQ: NKLA) are rocketing after the company announced two large deals for its hydrogen fuel cell vehicles. Shares of NKLA soared 60.87% yesterday off the back of the positive news and now find themselves in positive territory on the year, up close to 3%. The stock is up over 10... Read the Full Story |
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Industrials | |
Fastenal (NASDAQ: FAST) fell following its Q2 earnings release and could fall further. The caveat is that tepid results do not overshadow the company’s strengths, including a solid balance sheet, an improvement in cash flow, share repurchases, and dividend payments. While q2 results were les... Read the Full Story |
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Technology | |
Small companies can pivot quicker and adjust to abrupt movements in the underlying economy, like changing gears and direction on a race car. Conversely, larger companies take more time and effort to pivot and adjust the comparative tanker or bulker ship. Now that the United States economy is pivot... Read the Full Story |
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Consumer Discretionary | |
On Wednesday, Domino’s Pizza, Inc. (NYSE:DPZ) announced a deal with Uber Technologies Inc. (NYSE:UBER) that could lead to stronger financial results for both companies.
Under the global agreement, both the Uber Eats and Postmates apps will include Domino’s delivery menus. Yet the aggr... Read the Full Story |
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Monday's Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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