Good MorningEquity markets retreated on Thursday after mixed news from the labor market. The ADP report was the news of the day, and it came in much hotter than expected. The data suggests resiliency within the labor market that will underpin wage inflation and inflation this year. Contrary to the ADP, the JOLTs data contracted more than expected, suggesting tightening conditions within the labor market. The takeaway for investors is that the FOMC should be expected to continue hiking rates as indicated, but the end of the cycle is getting closer. The question that remains is how hard the landing will be. Will the US tip into recession in 2023?
Today's action will be driven by the Non-Farm Payrolls report. If it comes in as hot as the ADP or even close, the S&P 500 will likely continue its decline. If so, the line to watch is at 4,300. The summer rally may continue if the market can sustain that level of support. If not, the next major stock market correction may have just begun. Featured: Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad) 
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Real Estate | |
If you haven’t exactly been monitoring the performance of office-building investments, that’s understandable. With offices sitting empty as employees prefer to work from home, the biggest real estate investment trusts, Alexandria Real Estate Equities (NYSE: ARE), Boston Properties (NYS... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Industrials | |
Shares of the lithium-ion manufacturer, Enovix (NASDAQ: ENVX), have added to its impressive run, with stock up 40% in the last month. Just under a month ago, when I first covered Enovix, shares were up 13.5% YTD. Fast forward three weeks, and the stock is now up close to 55% YTD. So what's caused ... Read the Full Story |
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Consumer Discretionary | |
Shares of Mullen Automotive are up more than 150% in under 24 hours on a series of news that amounts to 1 thing: Mullen Automotive’s ability to continue as a going concern appears to be without question. The caveat is that short sellers remain committed to their side of the trade and are sel... Read the Full Story |
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From Our Partners | | TradeSmith CEO Keith Kaplan warns that AI's rapid rise has a dark side, threatening American jobs and livelihoods. He says now is the time to prepare before August 31st.
TradeSmith has invested $17 million in AI tools and built a platform used by 180,000 traders worldwide. One user, Stephen, credits it with building a $2.95 million retirement portfolio. | | See where Kaplan says to move your money before August 31st |
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Consumer Discretionary | |
Mark Zuckerberg has started a battle on more than one front. He has chosen not only the company that has most effectively dominated short-form written content but also an adversary known to be a massive risk taker now and again. Eccentric Tesla (NASDAQ: TSLA) CEO Elon Musk bought Twitter a few mon... Read the Full Story |
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Markets | |
Constructing a long-term investment portfolio can be a lot like building a house.
First, you pour in the foundation. These are the tried and true pillars that have been around for decades — and ideally, are highly liquid. For investors that prefer exchange traded funds (ETFs), this may incl... 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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Healthcare | |
Inspire Medical Systems (NYSE: INSP) is up nearly 15% since breaking out of cup-with-handle base on May 3. The base’s buy point was above $277.18, which you can see on the Inspire Medical Systems chart.
The stock’s base, which corrected 21% between its high and low points, roughly co... Read the Full Story |
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Consumer Discretionary | |
The world of investing is focusing all of its focus - and resources - on the sphere of U.S. and European equities, with good reason, as volatility is the 'fish of the day' in these markets. However, significant trends are developing on the other side of the spectrum; China's economy has struggled ... Read the Full Story |
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Consumer Discretionary | |
The furniture industry has struggled, but indications from Bassett Furniture (NASDAQ: BSET) echo news from other furniture manufacturers and have the shares rocketing higher. The takeaway is that normalization within the industry is at hand, and most manufacturers will “normalize” at a... Read the Full Story |
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Technology | |
Laser systems maker Coherent Co. (NASDAQ: COHR) changed its name from II-VI, confusing investors even trying to pronounce the name. The company is undergoing a multi-year restructuring plan to simplify its business model, just like it simplified its name. Coherent’s primary business is the p... Read the Full Story |
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Markets | |
Development-stage integrated lithium company Piedmont Lithium Inc. (NYSE: PLL) stock has been trading in an ever tighter trading range. Lithium is crucial for operating electric vehicles (EVs) as they are the key material necessary to make rechargeable batteries. Piedmont has gained a large follow... Read the Full Story |
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Friday's Early Bird Stock Of The Day MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California. | | View Today's Stock Pick |
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