Good MorningEquity markets advanced in the week ended 9/1, but additional upside may be limited. The move was driven by softening labor market data that led the market to reprice its expectation for interest rates. Softer labor market data is good news, but the takeaway is that labor markets are normalizing at levels once considered strong. In this light, the data gives the FOMC little room to maneuver and may lead them to hike rates given the state of wage inflation. Wage inflation continues to run hot above 4.0%.
A new risk has emerged for the market and the Fed. The oil price rose to a new 1-year high this week, and looks like it will move significantly higher. Oil prices underpin inflation and cause it to remain hot if not accelerate. In this scenario, the FOMC should be expected to hike rates again this year, and they may do it more than once. Regarding the S&P 500, it is trading against critical resistance now. If the market can not move higher over the next few weeks, a 5% to 10% correction is likely. Featured: Move Your Money Here Before August 31st (Ad) 
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Consumer Discretionary | |
The second quarter of the 2023 earnings season has drawn to a close. There were many surprises in every sector. However, there were some standout surprises with upcoming catalysts to watch. These 2 stocks have been under the radar and surprised with exceptional earnings blowouts that exceeded EPS ... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Finance | | The automotive industry tends to be a very saturated place for consumers, with endless choices of brands and models; spoiled for choice, they can balance their selection between their needs. Today, investors face a similar dynamic when choosing the right automotive stock to buy potentially. However,... Read the Full Story |
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Technology | |
AI is hot, and NVIDIA (NASDAQ: NVDA) is getting most of the spotlight. While the market is focused on its dominating position with GPUs, data centers, and generative AI, companies like MongoDB (NASDAQ: MDB) quietly perform equally well. MongoDB, Inc.'s Q1 results were an early indication of the co... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Industrials | |
It’s that time of year. Students are returning to classes again. NFL season is kicking off again. This means demand rises again for transportation. After a three-year hiatus, student loan repayments with interest resume. Football season starts again, which means wagering on games with more b... Read the Full Story |
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Healthcare | |
Major pharmaceutical companies including Johnson & Johnson (NYSE: JNJ), Novartis AG (NYSE: NVS), Bristol-Myers Squibb (NYSE: BMY), Merck & Co., Inc. (NYSE: MRK), Eli Lilly & Co. (NYSE: LLY) and Amgen Inc. (NASDAQ: AMGN) were trading normally following news that their drugs would be sub... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Consumer Discretionary | |
One of the most astonishing and widely discussed subjects in individual stocks revolves around the unpredictability and volatility of a Vietnamese electric vehicle manufacturer.
VinFast Auto Ltd. (NASDAQ: VFS) plunged into the public market through a SPAC IPO at the beginning of the month. Merely... Read the Full Story |
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Consumer Staples | |
Insider buying is a good sign that a company is heading for better times, but it is often unreliable. The signal is more robust if institutions and analysts are as supportive as they are with the stocks on this list. Aside from insider buying, these companies relate to each other in other ways.
... Read the Full Story |
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Consumer Staples | |
The market advanced following the August PCE price index report, but investors and traders should not discount the news. The PCE index remains cool relative to the peaks of the inflation scare, but there are signs that the cooling is over.
Inflation may accelerate again; the evidence could come ... Read the Full Story |
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Technology | |
While the concept of artificial intelligence (AI) has been around for decades, 2024 was truly the breakout year and tipping point, making it accessible for anyone and everyone with internet access. The viral popularity of ChatGPT and generative AI has spread adoption like wildfire. While many arti... Read the Full Story |
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Technology | |
Cybersecurity stocks are down hard compared to last year, but not because the industry isn't hot.
The problem was valuation, fears of slowing growth and threats of a looming recession. According to the Q2 reporting season, growth is slowing but still robust and above consensus. In addition, marg... Read the Full Story |
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Monday's Early Bird Stock Of The Day International Flavors & Fragrances, Inc. engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division. The Health & Biosciences business consists of a biotechnology-driven portfolio of enzymes, food cultures, probiotics and specialty ingredients for food, home and personal care, and health and wellness applications. The Scent business creates fragrance compounds, fragrance ingredients and cosmetic ingredients that are integral elements in the world’s finest perfumes and best-known household and personal care products. The Pharma Solutions business produces a vast portfolio including cellulosics and seaweed-based pharma excipients, used to improve the functionality and delivery of active pharmaceutical ingredients, including controlled or modified drug release formulations, and enabling. The company was founded in 1833 and is headquartered in New York, NY. | | View Today's Stock Pick |
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