Good MorningEquity markets advanced ahead of the FOMC meeting and look ready to continue setting new highs this year. All the market needs is the all-clear signal, which may come from the Fed. The FOMC is set to issue the latest policy stance this afternoon, and all it needs to do is indicate that it will cut interest rates later this year. The risk for the market is that no cut will be indicated, and higher-for-longer becomes the new policy standard. The latest reads on inflation show accelerating inflation, which is not a scenario in which to expect an interest rate cut.
AI may cap gains for the S&P 500 until the next earnings cycle, regardless of what the FOMC does. The latest news from NVIDIA failed to spark a new high, suggesting this tired market is ready for a break. Market leaders, including Meta Platforms and Google's parent Alphabet, are also struggling, suggesting that the sell-off could be broad and deep if and when it comes. Divergence in the stochastic indicator confirms the weakness; with the S&P more than 7% above the first target for solid support, the sell-off could also be swift. Featured: The case for trading fewer setups, not more (Ad) 
|
Finance | |
You may be among the millions of Americans celebrating the National Association of Realtors (NAR) decision to repeal the old real estate transaction business model. The 6% commission structure, which attracted many to the profession of selling and marketing real estate, is now gone.
While this de... Read the Full Story |
|
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 |
|
Medical | |
Geron Inc. (NASDAQ: GERN) is a clinical-stage biotech in the medical sector focused on developing cell therapies to treat certain types of blood cancers and myeloid hematologic malignancies. Their lead drug is imetelstat, which blocks a protein called telomerase to treat specific blood cancers lik... Read the Full Story |
|
Finance | |
You can't deny the two most significant trends today in technology stocks like Nvidia Corp. (NASDAQ: NVDA) and electric vehicle stocks like Tesla Inc. (NASDAQ: TSLA). However, the trend hasn't reached all stocks in the space equally.
Only a few investors, including Michael Burry and Ray Dalio, ha... Read the Full Story |
|
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 |
|
Business Services | |
Investing in business growth, acquisitions, improving margins, cash flow, dividends and share repurchases are among the leading drivers of shareholder value today. Oddly, too few companies rely on balanced, long-term strategies that can drive significant increases in value, choosing instead to foc... Read the Full Story |
|
Transportation | |
Wall Street analysts tend not to take unnecessary risks when rating and valuing stocks. If they become overly bearish or bullish, and their predictions turn out wrong, that’s a bonus they won’t be getting, and they even risk losing their jobs.
Now that analysts from different investme... Read the Full Story |
|
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 |
|
Technology | |
Going long NVIDIA (NASDAQ: NVDA) stock still makes sense because the multi-trillion dollar AI opportunity has yet to play out, and Nvidia is the dominating source. Its chipsets, GPUs, and accelerators are only the tip of an iceberg that includes a full stack of services. Nvidia has evolved from a ... Read the Full Story |
|
Retail/Wholesale | |
Home decor stocks are rising or set to increase because of their resilient business models and end markets. The business models produce significant cash flows, and end markets are discerning, affluent, and unafraid to pay for quality. Because the growth outlook for these stocks has bottomed and gr... Read the Full Story |
|
Finance | |
Fintech provider SoFi Technologies Inc. (NASDAQ: SOFI) is a one-stop shop for financial services conveniently accessible around the clock through its mobile-first platform and online. The financial service sector company targets millennials and Gen-Z customers, courting them early in their financi... Read the Full Story |
|
Retail/Wholesale | |
A new report from Bank of America analysts found that consumer discretionary stocks have the edge over consumer staples stocks.
That's despite a one-month outperformance of the Consumer Staples Select Sector SPDR Fund (NYSEARCA: XLP) relative to the Consumer Discretionary Select Sector SPDR Fund... Read the Full Story |
|
Consumer Staples | |
Archer-Daniels Midland Company (NYSE: ADM) stock is up more than 8% after the company reported fourth-quarter and full-year 2023 earnings on March 12. The company missed on both the top and bottom lines, but that wasn't the big story. Investors are feeling relief after receiving information about ... Read the Full Story |
|
Wednesday's Early Bird Stock Of The Day Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment. It also services, maintains, repairs, and upgrades equipment. The company serves semiconductor device manufacturers, integrated device manufacturers, outsourced semiconductor assembly and test providers, other electronics manufacturers, industrial manufacturers, foundry service providers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region. The company was founded in 1951 and is headquartered in Fort Washington, Pennsylvania. | | View Today's Stock Pick |
|