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: Sell these "safe" blue chips immediately (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 | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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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 | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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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 | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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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 GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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