Ray Dalio, the former manager of Bridgewater Associates, has been widely regarded as one of the best macroeconomic investors of all time, with his fund's philosophy focused on building the perfect 'all-weather' portfolio. These strategies seek to take advantage of different economic developments w.... |
Good MorningEquity markets pulled back ahead of the August CPI report due to a rising fear of inflation. The CPI report is expected to show an acceleration at the headline level driven by oil prices. Oil prices continue to trend upward and suggest the acceleration of inflation will persist into the following month, increasing pressure on the economy. In this scenario, the FOMC is set to hike rates again this year, and they could do it more than once.
The question today is, what will the CPI show? If the data is cooler than expected, the market may continue to rally, although it's heading straight into a bull trap. Even with a cooler-than-expected CPI now, the oil price has risen more than 10% in the last 4 weeks and will impact September data. If the data is hotter than expected, the FOMC may be more hawkish than expected at the meeting next week and hike rates unexpectedly. Featured: Washington Thinks They Own Your Bank Account (Ad) 
| Finance | |
Ray Dalio, the former manager of Bridgewater Associates, has been widely regarded as one of the best macroeconomic investors of all time, with his fund's philosophy focused on building the perfect 'all-weather' portfolio. These strategies seek to take advantage of different economic developments w... Read the Full Story |
| From Our Partners | | Unitree's IPO grabbed headlines, but a handful of already-public robotics companies have been quietly delivering results that look nothing like hype.
One robotics-and-testing firm grew quarterly revenue from $686 million to $1.282 billion year over year and broke out above a $422.11 buy point. A warehouse robotics company exited the quarter with a $22.7 billion backlog and $2.0 billion in cash with no debt. A robotic surgery leader placed 431 systems in a single quarter. | | Get the free robotics stock report now. |
| Markets | |
Hardware and infrastructure solutions provider Dell Technologies Inc. (NASDAQ: DELL) has proven to be a large benefactor of the artificial intelligence (AI) wave. The company reported a large EPS beat by 60 cents for its fiscal Q2 2024, despite revenue falling 13.2%. The company raised its estimat... Read the Full Story |
| Consumer Discretionary | |
Digital lodging platform Airbnb Inc. (NASDAQ: ABNB) shares gained over 7% on news of being added to the S&P 500 index on Sept. 18, 2023. It will replace Newell Brands Inc.(NYSE: NWL), heading to the S&P 600 Small-Cap index. This was great news for investors as ABNB had sold off shortly aft... Read the Full Story |
| From Our Partners | | The Department of Justice recently argued in court that cash is not legally property, raising new questions for savers as federal debt continues to climb.
Your IRA, 401k, and bank accounts are not hidden from view, prompting some Americans to look for ways to keep more control over their own wealth.
A free information kit outlines three strategies people are considering to help shield their savings from future policy changes. | | Get the free information kit and explore savings strategies now |
| Healthcare | |
The world of investing and trading is abuzz with excitement as one sector theme has recently emerged as a blazing hot topic of discussion: cannabis stocks.
Over the past month, notable cannabis companies like Canopy Growth (NASDAQ: CGC), Tilray (NASDAQ: TLRY), and Aurora Cannabis (NYSE: ACB) hav... Read the Full Story |
| Technology | |
Oracle (NASDAQ: ORCL) shares are down a solid 10% following the FQ1/CQ3 earnings report. The shocking news gave the market a reason to sell off, but this is not the time to run for cover. Shares of Oracle are down due to high expectations, tepid performance relative to those expectations, and the ... Read the Full Story |
| From Our Partners | | Nearly 2 in 3 Americans fear running out of money more than death - and chasing a $1.5 million nest egg isn't helping.
Tim Plaehn has spent decades helping people build retirement income, and he says the monthly income goal is the only number that matters. His approach could potentially reach that goal with 10x less capital - using a single stock you can buy with one click. | | Watch the short presentation to see how this retirement income strategy works |
| Utilities | |
The Dividend Kings are among the safest dividend-paying stocks on Wall Street, but that doesn’t mean it’s always a good time to buy them. Like any diverse group of stocks, their prices don’t track in sync with each other as with their respective industries' strengths and the ana... Read the Full Story |
| Communication Services | |
In the coming weeks, AMC Entertainment Holdings, Inc. (NYSE:AMC) will be releasing “The Nun II,” “A Haunting in Venice,” “Saw X” and other buzzworthy horror thrillers. None may be as scary as its financial situation.
Last week, the movie theater chain announced... Read the Full Story |
| Industrials | |
Leisure travel is replacing still-sluggish business travel, and big investors like Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.B) are jumping on board, but airline industry stocks, as a group, have traded lower since July.
However, despite a big industry-wide decline in August, sto... Read the Full Story |
| Technology | |
Artificial intelligence (AI) has driven the new enterprise demand cycle for servers, services and applications. Many companies have shown the reality of material demand surge driving revenues and estimates, like leading AI chip maker Nvidia Co. (NASDAQ: NVDA), which can't keep their AI chips i... Read the Full Story |
| Consumer Staples | |
The market's fear indicator, the VIX index, is bobbing along at long-term lows and gives little indication of a looming correction, but investors should assume one is brewing. The index is down at its lows because the recession that was supposed to happen in 2023 never materialized. What has mater... Read the Full Story |
| Wednesday's Early Bird Stock Of The Day Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas. | | View Today's Stock Pick |
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