Good MorningEquity markets were cautious on Monday as investors wait on the FOMC policy statement due on Wednesday. The FOMC is not expected to alter its policy, but it could issue a very hawkish statement given the state of inflation and the rise of oil prices. As it is, the market does not expect the FOMC to hike rates anymore this year or this cycle and may get a shock come Wednesday.
Strikes have emerged as a threat to the economy as industry after industry walks off the job. The risk is more than life disruption today; it also extends into inflation. The goal of unions is for more pay, shorter hours, and better conditions, fueling labor costs and inflation later this year and next.
The S&P 500 is hovering beneath critical resistance at 4,540. This level may hold until Wednesday, when the FOMC issues its statement. The market will then signal its next big move, and the odds are high for a correction. Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | |
Very few brands have made a big enough splash in their respective industry, allowing them to shake off the cyclicality inherent in their products. In the case of the restaurant industry, seasonality is a known risk that typically brings significant swings in financials.
A select group of executiv... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Technology | |
Do you want to increase your income? Maybe you've been looking for a way to boost your investment returns.
Analyzing a company's financial statements could be the key to unlocking your goals of increasing your dividend payments.
Financial statements are the lifeblood of any investor. They can ... Read the Full Story |
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Technology | |
Three industries have historically proven recession-proof: government, education and healthcare. People still need education and healthcare during the good and bad times. Nations need a government to operate in any economic condition. Government intelligence, national security and military are pri... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Auto/Tires/Trucks | |
Shares of Mullen Automotive (NASDAQ: MULN) have been beaten up over the past year for good reasons. The slow roll into production, massive dilution, and fears of under-capitalization have all taken a toll. However, while threats remain, the company continues to build momentum and could be on the b... Read the Full Story |
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Technology | |
Smartphone chipmaker Qualcomm Inc. (NASDAQ: QCOM) finished higher for the week ended September 15, after inking a five-year deal to produce 5G modems for Apple Inc. (NASDAQ: AAPL).
Qualcomm has been doing business with Apple for years, with analysts estimating that 20% or possibly a little more o... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Medical | |
The healthcare industry presents a fertile shopping ground for undervalued dividend stocks. S&P 500 components Pfizer Inc. (NYSE: PFE), Medtronic plc (NYSE: MDT) and Gilead Sciences Inc. (NASDAQ: GILD) are all dividend champions trading at low multiples, relative to their growth potential.
T... Read the Full Story |
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Markets | |
The market’s biggest winners are frequently stocks that made their public debut within the past few years, which is one reason why the September 14 initial public offering of Arm Holdings plc (NASDAQ: ARMH) is getting so much attention.
The U.K.-based chip designer raised nearly $5 billion... Read the Full Story |
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Energy | |
Like Icarus, solar stocks flew too close to the sun and burned out in 2023. While the S&P 500 index is trading up 20% year-to-date (YTD), the Invesco Solar ETF (NYSEARCA: TAN) is trading down 22.5%. Many of last year’s winning solar, clean and renewable energy technology companies are si... Read the Full Story |
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Technology | |
Here’s an investing scenario that sounds like a winner: Buy undervalued stocks that are increasing their dividends.
If that sounds appealing, then you may want to take a look at General Mills Inc. (NYSE: GIS), Bank of America Co. (NYSE: BAC) and Skyworks Solutions Inc. (NASDAQ: SWKS), all ... Read the Full Story |
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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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Tuesday's Early Bird Stock Of The Day Splunk Inc., together with its subsidiaries, develops and markets cloud services and licensed software solutions in the United States and internationally. The company offers unified security and observability platform, including Splunk Security that helps security leaders fortify their organization's digital resilience by mitigating cyber risk and meeting compliance requirements; and Splunk Observability, which provides visibility across the full stack of infrastructure, applications, and the digital customer experience. It also provides application programming interfaces, software development kits, and other interfaces that enables its network of third-party developers, partners, and customers to build content, including pre-built data inputs, workflows, searches, reports, alerts, custom dashboards, flexible user interface components, custom data visualizations, and integration actions and methods that configures and extends its solutions to accommodate specific use cases. In addition, the company offers adoption and implementation, education, and customer support services. It sells its offerings directly through field and inside sales, and indirectly through various routes to market with various partners. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco, California. As of March 18, 2024, Splunk Inc. operates as a subsidiary of Cisco Systems, Inc. | | View Today's Stock Pick |
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