Good MorningEquity markets hugged the flat line on Tuesday and may be ready to rebound. The S&P 500 is down 3.8% from the all-time high and quickly becoming oversold. However, because of the risks facing the economy and the market, investors should be wary of any rebound that may form. The combination of high inflation, high interest rates, and geopolitics set the market up for a volatile summer, which could result in range-bound trading and wild, knee-jerk news-driven movement.
Among the risks for the market is persistent strength in consumer data. The latest read on retail sales shows that spending is up 1.1% YOY and above expectation. In this scenario, the FOMC is unlikely to cut rates soon, a reality that is getting priced into the market. As it is, the market has begun to price a later date for the first cut, the next big sell off may come when the Fed outlook starts to price in no rates cuts this year.
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Finance | |
Financial stocks' earning season has kicked off, and the biggest names on the Street are showing the markets what has been happening under the hood.
Bank stocks are typically the first to lead an economic cycle, and for the United States, it looks like the cycle found its bottom last month. Howev... 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 | |
Thanks to the artificial intelligence (AI) trend, the semiconductor industry has been on fire. Semiconductor stocks within the computer and technology sector are benefactors. The foundries that are contracted out to make the chips are also seeing double-digit revenue growth. The leading maker of s... Read the Full Story |
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Technology | |
Silicon Motion Technology Co. (NASDAQ: SIMO) is a fabless semiconductor company in the computer and technology sector specializing in designing and developing NAND flash memory controllers. The controllers enable solid-state drives (SSD) to operate seamlessly, managing the communications between 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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Medical | |
UnitedHealth Group's (NYSE: UNH) Q1 results were better than expected for two reasons: First, the stock price is now rebounding from long-term lows and deep value territory with ample upside ahead. Second, UnitedHealth analysts see it advancing more than 20% at the current consensus, and consensus... Read the Full Story |
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Markets | |
Insider selling is often a sign of doom, but that is not always true. In some cases, insiders see an opportunity to make some profits and great minds usually think alike. Let's take a look at the five stocks most sold by insiders so far this year and the forces behind the moves.
5. Marriott Inter... 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 | |
With as much as a 60% gain since November, you might think that shares of DocuSign, Inc. (NASDAQ: DOCU) were back to their former glory.
An optimist would say that's not a rally to be sniffed at, and there are plenty of signs that it's only getting started. A pessimist, however, would point out t... Read the Full Story |
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Finance | |
The semiconductor industry has become a focus of every investor portfolio in the past few months, as technology stocks have outperformed almost every other sector in the past 12 months. Led by names like Nvidia Co. (NASDAQ: NVDA), the semiconductor rally has another set of lungs, one that has yet ... Read the Full Story |
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Technology | |
The long-held vision of self-driving taxis zipping through city streets is rapidly going from science fiction to current reality. A fight to dominate this emerging market is underway within the automotive sector. Self-driving sub-sector heavyweights like Waymo (owned by Alphabet (NASDAQ: GOOG)), T... Read the Full Story |
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Markets | |
The most expected time of the quarter is here. Earnings season for financial stocks has kicked off, letting investors gain insight into the pulse of the global financial markets. With BlackRock Inc. (NYSE: BLK) leading the way last week (April 8th), traders are now on edge as they await the rest o... Read the Full Story |
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Medical | |
Shares of Johnson & Johnson (NYSE: JNJ) are as cheap as they will get. The stock is down in premarket trading following the Q1 release, but there is a bottom in play and reality to face. Trading near $145, JNJ stock is valued at less than 14X this year’s earnings guidance, which is a dee... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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