Good MorningEquity markets see-sawed on Monday, with hope winning out in the end. The S&P 500 gained more than 0.5% at the session's close to potentially end a multi-week losing streak. This week's market risk lies in earnings reports from retailers and the start of the Jackson Hole Summit. The news from the summit is expected to center around inflation and the Fed's long-term trajectory, which is not expected to change. The next reading of inflation data is not for 2 more weeks.
News from the housing market could cap gains this week. The average rate on the 30-year mortgage approached 7.5% again and is expected to dampen demand. At the pace the Fed is expected to hike rates this year, the rate on the 30-year could top 8% by December and effectively close the housing market to most home buyers. Featured: This Elon Musk Photo Could Be Worth Millions (Ad) 
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Markets | |
Like its summer merchandise, shares of Nordstrom, Inc. (NYSE:JWN) are on sale.
After bouncing nicely off a two-and-a-half-year low, Nordstrom has fallen nearly 20% this month. And with the recovering department store operator reporting second-quarter results after the close on August 24th, this i... Read the Full Story |
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From Our Partners | | A viral photo of a handshake with President Trump has investors buzzing. James Altucher says the man in it could reveal where the next wave of AI growth is headed.
The industry in question is projected to grow 190,597 percent by 2040, according to Altucher, who calls the mystery figure the Nostradamus of AI. | | Click here to uncover the AI trend behind this viral photo |
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Consumer Discretionary | | Once again, Marketbeat.com’s list of Most Downgraded Stocks has some interesting names. While some are worthy of bearish sentiment, others are on the list because the analysts have reset their bullish expectations. The story is the same regarding Nike (NYSE: NKE), Chipotle Mexican Grill (NYSE:... Read the Full Story |
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Markets | |
With the AI bounce waning, will China’s sluggish economy further put the kibosh on near-term growth for semiconductor stocks like Monolithic Power Systems Inc. (NASDAQ: MPRW), Qualcomm Inc. (NASDAQ: QCOM) and Texas Instruments Inc. (NASDAQ: TXN)?
When China’s economy finally reopened... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Markets | |
Cryptocurrency-related stocks including Riot Platforms Inc. (NASDAQ: RIOT), Marathon Digital Holdings Inc. (NASDAQ: MARA) and Coinbase Global Inc. (NASDAQ: COIN) gapped down on August 18 on news that Elon Musk’s SpaceX had unloaded all its bitcoin.
All those stocks were already significant... Read the Full Story |
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Markets | | From June to July, few U.S. stocks were as hot as Overstock.com, Inc. (NASDAQ: OSTK). This month, it's one of the coldest.
Since more than doubling from Memorial Day through National Ice Cream Sandwich Day (August 2nd), Overstock has plunged 30%. A name traders couldn’t get enough of appears... Read the Full Story |
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From Our Partners | | Ian Cooper went from a financially stressed, struggling journalist to a trader who discovered a repeatable options strategy built on simplicity instead of complexity.
His free report, The Simple Path To Success With Options, reveals the step-by-step trade blueprints he still uses, plus the easiest way to start trading options tonight.
No complicated charts, no guesswork, just a proven starting point for beginners. | | Download the free report and get the options trade blueprint tonight |
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Finance | | It's that time once more! The period when the main street gains an insider's perspective into the actions of some of the highest-performing hedge funds and renowned investors. Fund managers overseeing assets of at least $100 million are required to publicly disclose their holdings to the SEC each qu... Read the Full Story |
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Finance | |
Payment platforms have experienced impressive growth as consumers and businesses migrate to digital solutions for e-commerce, sending and receiving money. Many platforms have expanded their offerings to include additional financial services and features like marketplaces, loans, peer-to-peer trans... Read the Full Story |
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Technology | |
Will the Apple Inc. (NASDAQ: AAPL) iPhone 15 be enough to get the stock back into rally mode?
Will some kind of AI implementation be the key to the stock’s eventual upward reversal?
Or will other institutions take a cue from Warren Buffett, whose Berkshire Hathaway Inc. (NYSE: BRK.B) cou... Read the Full Story |
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Industrials | |
Shares of Deere & Company (NYSE: DE) are trading lower by as much as 4.8% during Friday's trading session, a reaction that opens up a vast disconnect between the company's second quarter 2023 earnings results and the current valuation.
This name enjoys an underlying industry push benefitting ... Read the Full Story |
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Finance | |
Looking for the best AI stocks to buy now? You might have to get in line — artificial intelligence is one of 2023's hottest market trends, and several companies in the industry have already seen massive growth. And when parabolic moves occur, finding artificial intelligence stocks under $20 ... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day TFI International Inc., together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank, container, and dedicated services. This segment also carries full loads directly from the customer to the destination using a closed van or specialized equipment. The Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. As of December 31, 2023, it operates 11,455 trucks, 34,599 trailers, and 7,504 independent contractors. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI International Inc. was founded in 1957 and is headquartered in Saint-Laurent, Canada. | | View Today's Stock Pick |
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