Good MorningEquity markets closed out a mixed week on a sour note, falling more than 1.0% on Friday. The move was driven by concern inflation was still running hot and that the FOMC would sound hawkish at this week's meeting. The latest round of inflation data included the CPI and PPI, which both showed unexpectedly large accelerations compared to the prior month and year. The risk is that this data and the rise in oil prices will push the FOMC into another series of interest rate hikes.
The S&P shows signs of resistance at a critical level. That level is the range of 4,440 and the all-time high, and it may be a barrier the S&P 500 can not pass. Even without another interest rate hike, the FOMC will keep rates higher for longer, which is a significant economic threat. The longer rates remain high, the deeper the impact on activity, although that is the point. Activity at the current levels is sustaining high inflation levels, and the FOMC can't sit idly by and let it happen. Featured: Elites In An Uproar Over Trump’s New Wealth Plan (Ad) 
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Technology | |
Apple's (NASDAQ: AAPL) iPhone 15 event has come and passed, leaving the market with several updates to ponder. The event included updates to the iPhone, the Watch, Airbuds, and other Apple products and should help drive the next upgrade cycle. The question is if the coming cycle will be enough to ... Read the Full Story |
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From Our Partners | | Saudi Arabia has terminated its 1974 petrodollar agreement with the United States - the deal that forced every country on Earth to hold U.S. dollars to buy oil. Since then, Saudi Arabia has signed a $7 billion currency swap with China, begun settling oil in digital yuan, and joined China's cross-border payment system, mBridge.
With 10-year Treasury yields pushing toward the 4.4% danger line and global dollar demand in retreat, gold is being repriced. There's one asset that still trades at a steep discount to gold's current price - a rare opportunity to leverage the metal's continued rise. | | Learn how to position ahead of the dollar's continued decline |
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Technology | |
Dividend yield is frequently the first metric you will use when considering buying one or more dividend stocks.
A common strategy for investors interested in maximizing the benefits of dividend stocks is to buy the dividend stocks that return the highest yield.
In many cases, dividends with a h... Read the Full Story |
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Auto/Tires/Trucks | |
By now, it is no secret that Asia's powerhouse is making its way out of contractions and setting those who were - and are - brave enough to invest in it for success.
China is giving markets several selling points about its next boom, making its undervalued equities an attractive place to invest t... Read the Full Story |
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From Our Partners | | Alexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up Amazon and Netflix under $3 per share in 2005.
Now the chief investment strategist at The Oxford Club has identified three AI stocks he believes could be the most profitable investments of the next decade. | | Click here to get all three AI stock names from Alexander Green |
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Construction | |
The homebuilders and Lennar (NYSE: LEN) have rallied higher in 2023, defying the odds despite a slowdown in the housing market. While there have been reasons to believe the industry was heading towards a cliff, the results continue to tell a different tale. Within the Q3 results are signs of stren... Read the Full Story |
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Retail/Wholesale | |
Growth comes better in pairs, or in this case, in trios. Investors have a rare chance to invest in what could be called the perfect trifecta of undervalued quality.
Just like Warren Buffett paid what was a 'premium' price for Coca-Cola (NYSE: KO) back in his day, the modern-day version of this in... Read the Full Story |
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From Our Partners | | MP Materials jumped 111% in one week. Lithium Americas surged 194% in two weeks. Trilogy Metals climbed 211% overnight. Those were the small plays - grants measured in millions from Trump's National Energy Dominance Council.
Now $5 trillion is on the table to rebuild the American power grid, and one company is positioned at the center of the largest infrastructure project in U.S. history. | | See the company at the center of the $5 trillion rebuild |
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Finance | |
Don't be alarmed if you’ve never heard of Hannon Armstrong Sustainable Infrastructure Capital Inc.(NYSE: HASI) The company is a very small business investing in sustainable infrastructure projects and operates as a REIT. It pays 90% or more of its taxable earnings as dividends, which makes ... Read the Full Story |
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Consumer Discretionary | |
If you had to name the S&P 500 stock that’s expected to grow revenue by 151% this year, would you have named casino operator Las Vegas Sands Corp. (NYSE: LVS), or AI titan Nvidia Corp. (NASDAQ: NVDA)?
As you can tell by that question, Wall Street has a positive view of Las Vegas Sands, ... Read the Full Story |
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Technology | |
Shareholders of Advanced Micro Devices (NASDAQ: AMD) are undoubtedly happy campers, with the stock up over 65% year-to-date. However, shareholders might be less content in the short term, with shares down almost 16% over the previous three months.
That may be about to change, though, as the high... Read the Full Story |
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Technology | |
Adobe (NASDAQ: ADBE) has secured its place among legacy tech companies by effecting a significant turnaround centered on the cloud. Its cloud-based creative tools are in high demand worldwide, and now, with AI in the picture, the company is outpacing the competition. Its lean into AI-powered creat... Read the Full Story |
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Retail/Wholesale | |
Rising oil prices and the cooling vehicle market have one thing in common: cars. Both developments impact vehicle sales and usage. Vehicle maintenance, service and repair companies keep cars on the road. Their business grows with more cars on the road, especially with collisions, accidents and rep... Read the Full Story |
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Monday's Early Bird Stock Of The Day Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; and STOCKD, an e-commerce platform, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company was incorporated in 2013 and is based in Charlotte, North Carolina. | | View Today's Stock Pick |
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