Good MorningEquity markets wobbled in the prior week as investors and traders began to price in the idea that the FOMC would not cut rates this summer. Although inflation is tracking lower, it isn't slowing sufficiently to allow the Fed to loosen policy without the risk of reacceleration. Because the labor market data is solid, it is unlikely the Fed will cut until later this year, if at all, and there are other risks to inflation. Oil prices are rising steadily and will underpin prices throughout the economic system.
The S&P 500 rebounded on Friday but did not recover the week's losses. The candle formation is bearish and shows a peak in the price action. Due to the underlying economic strength, the market could enter a consolidation and rally to new highs later in the year, but it may also enter a correction. The market is up substantially for the year and well above the moving averages, so it is set up to fall on profit-taking. Featured: Last week's stock pick was quite popular... (Ad) 
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Consumer Staples | |
Krispy Kreme Inc. (NASDAQ: DNUT) is world famous for its glazed donuts which can be purchased fresh through its store locations or grocery stores and kiosks. Shares of the retail/wholesale sector company skyrocketed 39% higher on news of its sweet partnership with fast food giant McDonald's Co. (N... Read the Full Story |
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From Our Partners | | SpaceX - ticker SPCX - just completed the biggest IPO in American history, raising $75 billion at a $1.8 trillion valuation. Goldman Sachs projects $474 billion in revenue by 2030, while Morgan Stanley goes further - $3.4 trillion by 2040. But NYU's Aswath Damodaran, Wall Street's 'Dean of Valuation,' called those projections 'a hallucination.'
While every camera pointed at the rockets, Musk quietly placed a major bet on what he calls 'the world's biggest product' - something he believes could generate $30 trillion in revenue. Sixty of America's largest companies are making the same move, and the signal appeared in a quiet Friday SEC filing almost nobody noticed. | | Watch the full free presentation before you spend a dime on SPCX |
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Basic Materials | |
Cal-Maine Foods Inc. (NASDAQ: CALM) is the largest and leading producer and distributor of fresh shell eggs in the United States, with a 19% market share. Shareholders are rejoicing over its strong fiscal Q3 2024 earnings report and special $1.00 dividend. The company has staged a solid turnaround... Read the Full Story |
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Construction | |
The homebuilding industry, which is part of the construction sector, is known for its cyclical nature, with companies experiencing dramatic rises and falls in tandem with the housing market. Within this volatile sector, Beazer Homes USA’s (NYSE: BZH) story stands out as a compelling example ... Read the Full Story |
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From Our Partners | | Roger Scott just unveiled a day-trading tool designed to identify the first wave of institutional buying before a full order moves through the market - potentially in minutes.
On April 14th, the tool flagged early institutional buys on HOOD at 9:45 am, delivering a 24% return in 6 minutes. Minutes later, a signal on MSTR locked in a 33% return in 12 minutes. Free access is available now. | | Secure your free pass to the real-time institutional order tracker today |
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Retail/Wholesale | |
The S&P 500 was up more than 10% in the first 3 months of 2024, soaring to new all-time highs on the back of a recovering economy and artificial intelligence excitement. With a new bull market following 2022’s lengthy decline, investor and consumer sentiment is trending upward. With inte... Read the Full Story |
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Technology | |
High short interest is a recipe for sharp stock price movements, and when the shorts are getting squeezed, the movements can be the sharpest. The stocks on this list are not only high-short interest stocks with upward price pressure; they are among the most shorted stocks listed on Marketbeat&rsqu... Read the Full Story |
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From Our Partners | | If a stock trades at $300, most investors assume they need $300 per share. Sean Allison says that assumption may be costing you opportunities.
He's running a free training called the Zero-Dollar Trade Advantage, walking through a strategy for traders who've passed on positions simply because the price seemed out of reach. | | Reserve your seat now and rethink how you approach capital requirements |
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Technology | |
Shares of Intel (NASDAQ: INTC), one of the world's leading manufacturers of microchips and microchip-enabled products and services, recently broke below a significant consolidation and its 200-day Simple Moving Average (SMA). The considerable momentum shift and a recent negative catalyst have turn... Read the Full Story |
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Construction | |
With gains of almost 30% since November, it's been one of the better multi-month runs in the S&P 500 in recent memory. It's looking increasingly likely that inflation has been tamed by a Fed that's managed to thread the needle and get it under control without causing a recession. Most stocks h... Read the Full Story |
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Medical | | If investing were easy, everybody would do it, and we would all be rich. But that isn't the case. Investing takes time, patience and effort, which is the focus now. Among the investment tools Marketbeat provides is a screener for unusual volume activity. Unusually high volume is often a precursor to... Read the Full Story |
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Retail/Wholesale | | George Dayton founded the Dayton Company in 1902 laying the groundwork for what would eventually become the Target Corporation. However, the first Target (NYSE: TGT)location didn't open until 1962. The idea was to open a low-priced alternative to mainstream retail with higher-quality products than c... Read the Full Story |
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Construction | | Investors often follow the latest trends in the U.S. economy and attempt to align their portfolios with the best industries, some of which could have a breakout in the coming months. The construction industry is one example, as the ISM Manufacturing PMI index and its cousin, the ISM Services PMI ind... Read the Full Story |
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Monday's Early Bird Stock Of The Day PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds. The company offers its products under its own brands, such as TOMMY HILFIGER, TOMMY JEANS, Calvin Klein, CK Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear, and Calvin Klein Performance, as well as various other owned, licensed, and private label brands. It distributes its products at wholesale in department, chain, and specialty stores; through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price, outlet stores, and concession locations; and through digital commerce sites. PVH Corp. was founded in 1881 and is based in New York, New York. | | View Today's Stock Pick |
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