Good MorningEquity markets rebounded sharply to start the week. The S&P 500, led by tech, gained nearly 1.5% at the session's close. The NASDAQ Composite advanced more than 2%, with leaders in the big seven all making soling gains. NVDA advanced more than 6% to set a new high, while Apple made a nice comeback from its recent correction. The caveat is that the S&P 500 remains below critical resistance with risk in the air and could resume its downward run anytime.
The latest inflation data suggests the FOMC will not be able to cut rates as soon as the market expects, and data is due out this week. The CPI report is due on Thursday and is not likely to make a significant decline; the headline inflation may even accelerate. The takeaway is that interest rates will not likely come down from historical levels until at least mid-year without a recession, and there is a new risk of that. Equity markets largely ignored OPEC's move to cut prices, which signals weakened demand and may foreshadow a broad slowdown in economic activity. So, equity markets are looking at higher-for-longer or a recession, and neither is a good scenario. Featured: The case for trading fewer setups, not more (Ad) 
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Technology | |
Pop-up ads, auto-play videos, tracking cookies and getting inundated with in-your-face promotions helped give rise to alternative web browsers like Opera Inc. (NASDAQ: OPRA) with built-in ad-blocking and private VPN technology in the computer and technology sector.
Social media sites can be just... 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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Markets | |
Markets shift in every cycle, and timing shifts are nearly impossible. Most investors learned this the hard way in 2023.
When the Federal Reserve (the Fed) took on its new path of hiking interest rates through the year, markets still rallied aggressively when historically rising rates typically ... Read the Full Story |
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Retail/Wholesale | |
Shares of PDD Holdings (NASDAQ: PDD), a global, multinational commerce group formerly Pinduoduo Inc., have sharply risen over the previous six months, up over 100%.
The stock has been on an impressive run since May last year, steadily climbing higher and maintaining its uptrend. During that peri... 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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Technology | |
Satellite network operator EchoStar Co. (NASDAQ: SATS) completed its merger with broadband and pay-tv services provider DISH Network Co. (NASDAQ: DISH) on December 31, 2023. Together, they formed the EchoStar-DISH network, a communication services sector company focused on providing global connect... Read the Full Story |
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Consumer Staples | |
The Simply Good Foods Co. (NASDAQ: SMPL) is a maker of nutritional snacks under the Atkins and Quest Nutrition brands and a member of the Consumer Staples sector. The popularity of GLP-1 weight-loss medications like Semaglutide drug Ozempic and Wegovy made by Novo Nordisk A/S (NYSE: NVO) and Eli L... 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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Business Services | |
Sprinklr Inc. (NYSE: CXM) offers a cloud-based unified customer experience management (unified-CXM) platform. As a member of the business services sector, Sprinklr enables companies to manage all their customer interactions for all touchpoints and channels in one place to improve customer satisfac... Read the Full Story |
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Transportation | |
The global airline industry finds itself in an era of significant transformation. Influenced by economic shifts, technological advancements and evolving travel habits, this sector remains a vital part of the global economy, offering a range of investment opportunities.
Airline exchange-traded fu... Read the Full Story |
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Aerospace | |
Shares of The Boeing Co. (NYSE: BA) gapped down 8.50% at the open on January 8, after a panel from an Alaska Air Group Inc. (NYSE: ALK) fell out mid-flight.
The plane made an emergency landing, and the Federal Aviation Administration immediately grounded all Boeing 737 9 Max aircraft, the type i... Read the Full Story |
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Medical | |
Dow Jones Industrial Average (DJIA) stalwart Merck & Co., Inc. (NYSE:MRK) has momentum on its side heading into its February 1st earnings report.
Shares of the large cap pharmaceutical company have finished higher for nine straight weeks. They have climbed 17% during the streak and set an al... Read the Full Story |
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Medical | |
Voyager Therapeutics Inc. (NASDAQ: VYGR) is a biotech in the medical sector that specializes in gene therapy for neurological diseases. Its shares took a 30% spike on news of its partnership with Novartis AG (NYSE: NVS). The deal is a collaboration and capsid licensing agreement worth up to $1.3 b... Read the Full Story |
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Tuesday'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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