Good MorningEquity markets retreated last week following a hawkish fed statement. The FOMC indicates interest rates will remain higher for longer confirming that a new normal is in place. This normal includes high inflation and high interest rates, neither of which is expected to change soon . The next move for the Fed is a probable rate hike.
Oil continues to be a threat to the market. The oil price rose to another new high, and the bulls target $100 per barrel. In this scenario, inflation will accelerate and keep the Fed’s foot on the brakes regardless of whether they hike rates again. As it is, the market expects rates to remain at or above current levels until mid 2024, which may be optimistic. OPEC and Russia have the oil market tilted in favor of higher prices. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
As a monitoring platform for cloud-based apps, Datadog Inc (NASDAQ:DDOG) has tremendous long-term growth potential tied to enterprise digital transformations, data analytics and cybersecurity — and its stock is trading 56% below its November 2021 peak. These two reasons alone make it a compe... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Technology | |
The market had one of its worst weeks of the year, as the SPDR S&P 500 ETF Trust (NYSE: SPY) tumbled almost 3% lower. The selloff swept the market last week after the Federal Reserve signaled that interest rates will likely stay higher for longer than previously anticipated.
The market react... Read the Full Story |
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Retail/Wholesale | |
IBM (NYSE: IBM), or Big Blue as it's known on Wall Street, is the tech giant that people love to hate. Despite holding one of the longest track records of all currently publicly traded tech companies out there, having IPO'd before the moon landing, its shares have built up a nasty reputation for t... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Consumer Staples | |
Value-conscious investors look for stocks trading at or near 52-week low prices, which can be a powerful 'potential' bottoming indicator. Fifty-two weeks is one trading year, roughly containing 252 trading days. Hence, investors can also use the 200-day moving average to reference a stock's value ... Read the Full Story |
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Construction | |
KB Home (NYSE: KBH) is selling off on a narrowing margin and FOMC hawkishness, but don't be fooled. The sell-off has shares down 16% from their highs, and they may go lower, but this is good news for investors. Despite the Fed's stance of "higher for longer," or perhaps because of it, the market i... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Technology | |
The data is undeniable regarding the state of affairs overtaking the computer and electronics industry, with trends that suggest nothing but a sure slowdown to continue; at least, that is where the sentiment is.
Within the latest ISM manufacturing PMI report, the computer and electronics industr... Read the Full Story |
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Energy | |
With its attractive 7.33% dividend yield, Enterprise Products Partners (NYSE: EPD) is drawing in buyers seeking solid returns.
Houston-based Enterprise Products is a midstream energy company that transports, stores and processes natural gas, crude oil and refined products.
The stock has been ou... Read the Full Story |
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Technology | |
A 7% pop yesterday was enough to take shares of Western Digital Corp (NASDAQ: WDC) to their highest level in over a year. It is, so far, the culmination of a 50% and more rally that's been underway since the first week of the year. Shares of the computer drive maker have been particularly strong ... Read the Full Story |
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Retail/Wholesale | |
You may know the name Instacart, particularly if you see its shoppers picking out and bagging items in your local grocery store.
But the public learned something new on September 19 when the stock went public: Its corporate name is actually Maplebear Inc. (NASDAQ: CART), but it’s a safe bet... Read the Full Story |
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Finance | |
Whether or not Prospect Capital Corporation (NASDAQ: PSEC) is a gold nugget or value trap depends on your objective. If you are looking for capital appreciation and a possible price-multiple expansion, there are better choices than Prospect Capital, even with the 11% dividend. If you are looking f... Read the Full Story |
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Monday's Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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