Good MorningEquity markets advanced on Tuesday on growing hope for a soft landing despite increasing evidence to the contrary. The S&P 500 gained 1.50% at the height of the session, indicating the summer rally was intact. The risk for the market is that the PCE price index is due out later this week and is expected to show core consumer inflation accelerate from the previous month. Data such as this aligns with the idea the FOMC will hike rates at least once more this year; hot data with the idea of multiple hikes by the end of the year.
Evidence of mounting risk includes the latest news from the FDIC. The FDIC proposes raising debt requirements for regional banks to match that of their larger competitors. The move is intended to bolster balance sheets and protect depositors should an institution collapse. With interest rates set to rise, the FDIC is getting ready for the next banking crisis, and it could begin this fall. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
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Technology | |
AI is hot. It is expected to grow at a 50% CAGR or higher for the next several years, which certainly looks true for NVIDIA (NASDAQ: NVDA). While NVIDIA has captured the attention of investors, now there is another opportunity with longer legs than a data-center revolution: embedding AI into the d... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Technology | | Order has been restored. With the tech-heavy Nasdaq snapping its three-week losing streak, the market’s sector leader is back — at least for now.
By far 2023’s best-performing group, information technology companies are benefiting from job cuts, other cost-saving measures, a semic... Read the Full Story |
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Retail/Wholesale | |
Organized theft is flipping more than product displays at DICK'S Sporting Goods, Inc. (NYSE: DKS).
The athletic apparel and equipment retailer's shares were turned upside down last week after it announced disappointing second-quarter financials. With Wall Street anticipating a slight year-over-y... Read the Full Story |
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From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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Retail/Wholesale | |
The dirty laundry keeps piling up for Foot Locker, Inc. (NYSE: FL). Last week, the athletic apparel and sporting goods retailer announced its sixth straight quarter of lower profits and the worst bottom line performance since Covid closures.
Although the result matched Wall Street expectations, a... Read the Full Story |
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Multi-Sector Conglomerates | |
3M (NYSE: MMM) is an interesting speculation on high-yield dividend growth and value, and now is an excellent time to take a bite. The company is navigating a difficult time with aplomb, and the market is putting in a bottom. The critical elements include the removal of uncertainty, a clearer fina... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Consumer Staples | |
Shareholders of Celsius (NASDAQ: CELH) will be smiling from ear to ear as the stock trades near all-time highs, up almost 75% year-to-date (YTD). With the stock posting significant gains on the year, one might believe it’s due for a pullback or consolidation. Typically, that would be the cas... Read the Full Story |
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Retail/Wholesale | |
The Retail Sector (XRT) has always been a challenging one to invest in, but income investors can find attractive returns that build wealth. The takeaway from recent data is that consumer spending remains strong, albeit aided by inflation. Inflation is having an impact on spending habits more than ... Read the Full Story |
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Technology | |
One of the central premises of being a true value investor is a willingness to go against the popular opinion, no matter how sound and justifiable this one may be. Today, those who call themselves value investors are being tested. PayPal (NASDAQ: PYPL) is proving to be a name ripe for acquisition.... Read the Full Story |
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Retail/Wholesale | | Financial markets evolve rapidly, almost by the week nowadays, giving investors a new list of indicators to watch out for to make better investment decisions. Some of these indicators are found in numbers. In contrast, others are in unconventional ways that will never be found in any finance college... Read the Full Story |
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Markets | |
Very rarely do investors get the opportunity to consider a purchase of a high-quality asset or company at a steep discount to the overall industry it operates within. Today, there is not only one name showcasing these symptoms, but two.
Two of America's most significant household names in the hea... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products. The company also provides commercial and industrial loans including real and non-real estate loans; construction and land development loans; and residential mortgages, as well as consumer loans. In addition, it offers commercial finance products to middle market and corporate clients, including leases and related structures; facilitates investments in new market tax credit activities and holding certain foreclosed assets; provides customers access to fixed annuity and life insurance products; and underwriting transactions products, as well as debt and mortgage-related securities. The company was founded in 1899 and is headquartered in Gulfport, Mississippi. | | View Today's Stock Pick |
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