Good MorningEquity markets rebounded on Wednesday, but the move may be short-lived. Data due today may reinforce the idea of hot inflation and Fed hawkishness, pushing the timeline for rate cuts out another few months. Among the causes for concern is a spike in mortgage rates, with home buyers pulling back. Another is a risk to the banking sector due to higher for longer interest rates. The risk to small and regional banks is growing by the day, and some may not last until the FOMC decides lower rates are acceptable.
Among the data points due out today is Retail Sales. Retail Sales are expected to fall compared to last year but may outpace consensus due to higher prices at the register and lingering consumer resilience at home. On the one hand, a decline in retail sales may indicate the start of a larger economic slowdown, while on the other hand, a hot read will keep the Fed policy tight. In both cases risk for equities abounds. Featured: SAGA Metals nears a key milestone in critical minerals race (Ad) 
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Healthcare | |
Gene therapy treatments have been making major headlines as advances in gene editing have gone mainstream thanks to the advent of CRISPR/Cas-9 technology. The shot heard around the world in the medical sector occurred on December 8, 2023, when the U.S. FDA approved Casgevy, the first FDA-approved ... 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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Technology | |
There are many ways to collect income from the stocks. Dividends first come to mind as they pay out a small percentage of the stock price and the number of shares you own in cash, usually on a quarterly basis. However, it takes capital to buy and hold the underlying shares. If you already own stoc... Read the Full Story |
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Energy | |
The oil refiners' exchange-traded fund (ETF), the VanEck Oil Refiners ETF (NYSEARCA: CRAK), is outperforming the broader Energy Select Sector SPDR Fund (NYSEARCA: XLE) on a one-month, three-month and one-year basis.
The top components in the CRAK ETF are Marathon Petroleum Corp. (NYSE: MPC), Val... Read the Full Story |
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From Our Partners | | Trader Chris Pulver says a new SEC document dropping the day-trading limit to $2,000 has created the biggest retail opportunity he has seen in over 30 years.
His strategy targets what he calls Flashpoints - moments when market makers must move billions of dollars on the S-P 500 in a narrow window. Research shows one recent signal would have returned 83.7% in 36 minutes and another 62.8% in 51 minutes.
Lance Ippolito flew to Utah for a full breakdown of the method. | | Tap here to see the complete Flashpoint trading breakdown now |
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Healthcare | |
2024 is shaping up to be a pivotal year for the biotechnology industry.
In recent years, emergency Covid vaccines have ushered in several groundbreaking innovations that have changed the way drugs are developed and health care is administered. Advancements in the treatment of cancer, Alzheimer&rs... Read the Full Story |
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Consumer Discretionary | |
There’s perhaps never been a divergence like it. While the tech-heavy Nasdaq index has tacked on almost 10% since the first week of January, shares of electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) have sunk more than 20%. And the worst part for Tesla investors is that it hasn’t ... Read the Full Story |
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From Our Partners | | Lance Ippolito spent nearly two decades trading the markets, appearing on MoneyShow, Cheddar TV, CNN Money, and MarketBeat.
His free guide, Options Trading Explained, covers two tickers pros call their secret weapon, Wall Street's daily hidden edge, and a strategy that targets payouts around 4 PM ET.
It also explains how to avoid overnight risk when trading options. | | Download your free options trading guide now |
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Consumer Staples | |
The Kraft Heinz Company (NASDAQ: KHC) Q4 report is not the stuff of legend but reveals several details income investors should heed. Among them are improving margins, favorable guidance, and cash flow, which suggests an inflection point is at hand for this consumer staple. The takeaway is that Kra... Read the Full Story |
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Healthcare | |
Past performance doesn't guarantee future results. Or does it?
The age-old investment disclaimer is certainly being put to the test this year. Some of last year's biggest winners are off to hot starts in 2024.
NVIDIA is the best example. After soaring 239% last year, the semiconductor leader is ... Read the Full Story |
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Energy | |
As the overall market continues to ramp up and trade near all-time highs, one sector has quietly consolidated. The energy sector remains close to flat this year despite the recent melt-up experienced in the rest of the market.
As you are most likely aware, the energy sector and its many publicly... Read the Full Story |
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Consumer Staples | |
Iconic prestige beauty products company Estée Lauder Co. Inc. (NYSE: EL) may be righting its ship, as evidenced by its latest earnings report. The consumer discretionary sector company offers skincare, fragrances, haircare and makeup products through over 20 well-known brands, including AVE... Read the Full Story |
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Technology | |
Today’s market is led by one of the most confusing dynamics seen in the latest cycle; markets are hitting all-time highs while most stocks seem to be struggling to reach even their 52-week highs. Bond yields are going up in trader bets that the FED interest rate cuts will not be here as soon... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Intelligent Bio Solutions Inc., a medical technology company, developing non-invasive, real-time monitoring, and diagnostic tests for patients and their primary health practitioners. It offers saliva glucose biosensor for diabetes management that measures glucose in saliva. The company also provides intelligent fingerprinting drug screening system, a revolutionizing portable testing through fingerprint sweat analysis, which has the potential for broader applications in additional fields; and biosensor platform for biochemistry, immunology, tumor markers, hormones, and nucleic acid diagnostic modalities. The company was formerly known as GBS Inc. and changed its name to Intelligent Bio Solutions Inc. in October 2022. The company was incorporated in 2016 and is headquartered in New York, New York. Intelligent Bio Solutions Inc. is a subsidiary of Life Science Biosensor Diagnostics Pty Ltd. | | View Today's Stock Pick |
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