Good MorningEquity markets pulled back on Wednesday, extending the stock decline for another day. The S&P 500 pulled back more than 0.5% at the session's low, setting a new 1-month low and new lows are on the way. The pullback appears to be gaining momentum and was not aided by Wednesday's data or earnings reports. On the earnings front, reports from retailers are mixed and point to weakness in discretionary names in the 2nd half. Winners include TJX Companies, which grew and raised guidance, while Target is losing share to its competitors.
Housing starts and permits data was mixed and tepid on the economic front, with starts coming in as expected and permits below consensus. Permits, the leading indicators, are down compared to last year and suggest the recent pick-up in the housing market is over. Next week, existing and new home sales data may do the same. If so, the market sell-off will continue. Featured: Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad) 
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Consumer Staples | |
Walmart’s (NYSE: WMT) Q2 results confirm trends Target (NYSE: TGT), Home Depot (NYSE: HD), and TJX Companies (NYSE: TJX) suggested. Consumers are shifting away from big-ticket items and large projects in favor of smaller, non-discretionary items. The shift is from discretionary categories in... 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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Consumer Discretionary | |
The global economy is undergoing a significant pivot in each respective nation, where the aggregate effect of COVID-19 measures resulted in rampant inflation rates that spread across the globe, leading central banks everywhere to raise interest rates and decrease liquidity from markets.
The Chin... Read the Full Story |
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Communication Services | |
Oh, how the mighty have fallen. Back in the days when people talked of so-called “blue chip” stocks, those that seemingly could do no wrong, America’s telecom stock was AT&T Inc. (NYSE: T).
But is AT&T, which no longer dominates the S&P 500 as it once did, still wor... 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 | |
Now looks like a good time to nibble on Brinker International (NYSE: EAT). Following a solid report and guidance, the stock price is down more than 3%, which suggests the move could fizzle out soon. The takeaway from the report is that an ongoing rebound and normalization within the restaurant ind... Read the Full Story |
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Consumer Staples | |
Beer and football go together like peanut butter and jelly. That's why savvy investors can use the kickoff of football season to add one or more beer stocks to your portfolio. Historically, these companies deliver their strongest revenue and earnings in the third and fourth quarters of the year. ... 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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Consumer Discretionary | |
The long-awaited earnings release for the new hot restaurant chain on the block, CAVA Group (NYSE: CAVA), has just hit the market. This stock had been on a tear since its IPO (initial public offering), rising as much as 60% from its low of $36.4 a share.
As the stock advances in the pre-market ho... Read the Full Story |
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Healthcare | |
The biotech sector, iShares Biotechnology ETF (NASDAQ: IBB), has been trading in a tight consolidation for several months. The ETF has a 50-day range of $124.38 and $131.81. While the ETF is slightly negative year-to-date, down 2.5%, it's trading near critical resistance and support, putting itsel... Read the Full Story |
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Real Estate | |
With 2022 clearly a bear market for U.S. real estate investment trusts (REITs), 2023 can be described as an awakening bear.
After declining 24% last year, the S&P United States REIT index is up 6% so far this year. Of course, with domestic equities vastly outperforming, the sector has been m... Read the Full Story |
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Markets | |
Experiential entertainment is a form of entertainment that immerses you in an interactive experience. It's the opposite of passive consumption, like watching a movie or betting on a baseball game. Experiential entertainment helps you escape the daily grind and places you in the role of a player, n... Read the Full Story |
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Healthcare | |
The small-cap penny stock market has been hot lately, with a surge in volume and activity across several names. The most in-play name, with price and volume soaring remarkably, has been T2 Biosystems (NASDAQ: TTOO). Over the past month, shares of this small-cap healthcare stock have soared over 37... Read the Full Story |
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Friday's Early Bird Stock Of The Day Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions. It also provides solutions that enable businesses or governments to make payments to businesses, including Virtual Card Number, which is generated dynamically from a physical card and leverages the credit limit of the funding account; a platform to optimize supplier payment enablement campaigns for financial institutions; and treasury intelligence platform that offers corporations with recommendations to enhance working capital performance and accelerate spend on cards. In addition, the company offers Mastercard Send, which partners with digital messaging and payment platforms to enable consumers to send money directly within applications to other consumers; and Mastercard Cross-Border Services enables a range of payment flows through a distribution network with a single point of access to send and receive money globally through various channels, including bank accounts, mobile wallets, cards, and cash payouts. Further, it provides cyber and intelligence solutions; insights and analytics, consulting, marketing, loyalty, processing, and payment gateway solutions for e-commerce merchants; and open banking and digital identity services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus name. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York. | | View Today's Stock Pick |
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