Good MorningThe equity market went on a wild ride Thursday after the headline CPI reading was weaker than expected. The news sent a wave of relief through the market as investors looked for clues to the Fed's next move. The relief was short-lived because the data, while cooler than expected, is an acceleration from the previous month, and the core figures are still hot. In this scenario, the FOMC is still expected to increase rates later this year.
The news helped send the oil price down more than 1%. This is good news for the inflation picture, but the downturn may not last long. OPEC+ has the market tilted firmly in favor of higher prices, and that will only change with demand destruction. As it is, demand for oil remains high and underpinned by a healthy labor market. If oil continues to trend higher as it has the last 2 months, inflation will spike again later this year. Featured: Be first in line. (Ad) 
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Markets | |
Investors and traders need to understand stock dilution because it can lower the value of existing shares and reduce a shareholder's ownership percentage in a company. If that sounds confusing, don't worry.
What is diluted stock? Understanding what diluted shares mean is crucial for investors, a... Read the Full Story |
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From Our Partners | | Lance Ippolito, who once managed a multimillion-dollar client book, is unveiling KIRA - the Key Intelligence Research Assistant - an AI engine built to help level the playing field for retail traders.
KIRA blends pattern recognition with financial forecasting. In testing, it has compressed 9, 13, even 24 years worth of market returns into windows of about 48 hours or less, though results vary and losses happen too. | | Get free access to KIRA and see the proof today |
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Energy | |
An interesting shift in allocation and performance has occurred over the last month, with the energy sector catching up to the overall market. Over the last month, the Energy Select Sector SPDR Fund (NYSE: XLE) has gained almost 9%, while the overall market, SPDR S&P 500 ETF Trust (NYSE: SPY),... Read the Full Story |
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Industrials | |
There are few - if any - conglomerate stocks that can decline by as much as 62% and still not command the massive waves of investment that these blue-chip names typically do, today the story seems to take a turn on its head, providing investors with the opportunity to buy one of America's househol... Read the Full Story |
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From Our Partners | | Tim Sykes turned $12,415 in gift money into more than $1.65 million before graduating college, without trading Apple, Tesla, or Bitcoin.
He targets overlooked small-cap stocks that can move fast: $1.50 to $98.40 in a week, $6 to $34 in hours, or 49 cents to $10 in days.
Now he is sharing the exact setup he watches for before these moves happen. | | Watch Tim's free video breakdown of his exact trading setup now |
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Consumer Discretionary | |
Royal Caribbean Cruises Ltd. (NYSE: RCL) shares are up 108.72% this year, as the industry is rebounding from devastating losses directly connected to pandemic-era restrictions.
But the company isn’t just floating aimlessly. Royal Caribbean is preparing to set sail with Isle of the Seas, th... Read the Full Story |
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Communication Services | |
Nearly a year after CEO Bob Iger’s return to Disney’s (NYSE: DIS) throne, the magic returns to the Magic Kingdom. While hurdles remain, there are signs that traction is building and will sustain earnings power this year and next. The critical takeaway is that the company is progressing... Read the Full Story |
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From Our Partners | | Gold pays no dividends, no interest, no yield - it just sits there. Yet investors are reportedly collecting up to $1,127 a month from a little-known 15 dollar fund built around it.
This fund turns gold's price swings into cash, paid out every single Friday. | | See exactly how this weekly-paying gold fund works today |
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Consumer Discretionary | |
Current economic environments and wild swings across the data that investors and traders digest, such as inflation and other important drivers, drive a wide wedge regarding where markets prefer to place their hard-earned cash. Chinese equities are - and have been for some time - a subject that mos... Read the Full Story |
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Communication Services | |
Roblox (NASDAQ: RBLX) had a tough quarter in Q2, and the headwinds may not have ceased, but the results are no reason for the stock to fall 20%. The results were tepid relative to the analysts' expectations but reveal mounting leverage for when consumer spending habits shift.
The problem facing R... Read the Full Story |
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Consumer Discretionary | |
Aspira Women’s Health and Genesco have both seen their share prices implode. The plunges spurred the insiders to act and buy shares. The purchases are all the more telling because there has been no insider activity in either stock for many quarters, and both have catalysts on the horizon.
... Read the Full Story |
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Technology | |
Having rallied as much as 60% since the start of the year, big data stock Snowflake Inc (NYSE: SNOW) has been taking a breather for the past month. Shares are down 20%, and while some bears are calling for an even greater dip, we see more reasons to like Snowflake than hate them right now.
If you... Read the Full Story |
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Industrials | |
Money is becoming more expensive, as the United States federal reserve has been acting on its mission to lower the nation's rampant inflation rates seen during 2022. With rising interest rates as the primary weapon of inflation neutralization, investing in companies that over-promise and under-del... Read the Full Story |
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Friday's Early Bird Stock Of The Day HighPeak Energy, Inc., an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas. | | View Today's Stock Pick |
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