Good MorningEquity markets began the week on a cautious footing. The S&P 500 is within striking distance of a new all-time high but traded within a tight range and closed near break-even for the session. The caution is due to the week's events, including key earnings reports and inflation data. On the earnings front, reports from major retailers like Home Depot and Walmart will set the tone for the rest of the reporting season, while inflation data may be hot. The CPI index is expected to accelerate at the headline level, remain hot in all other comparisons and may exceed expectations.
The risk for the market is the outlook for the FOMC. The market expects the FOMC to cut rates soon, possibly over the summer and needs the data to align with that forecast. If not, the market could resume the sell-off that began in March and, this time, take the S&P 500 index to a new low. In that scenario, the reality of higher-for-longer means rates are normalized at the highest levels in two decades and will remain high indefinitely, sapping the outlook for economic growth and corporate earnings. Featured: A market-neutral approach to volatile trading conditions (Ad) 
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Consumer Discretionary | |
No, it's not 2021. But waking up today, you might have been forgiven for thinking so. Keith Gill, also known as RoaringKitty, the man behind the retail frenzy and eventual squeeze on GameStop (NYSE: GME), has resurfaced on Twitter after a prolonged absence. As a result, shares of iconic meme stock... Read the Full Story |
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From Our Partners | | While the trade war grabs headlines, the Department of Justice has quietly argued in court that cash may not be legally yours. If Washington can seize imported goods without warning, your bank account could be the next target.
Governments rarely announce moves against private wealth in advance. A free Wealth Defense Guide outlines how to move your savings out of reach before the window closes. | | Get your free Wealth Defense Guide and protect your savings now |
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Technology | |
When investors think about their potential winnings through the stock market, two methods typically get the lion’s share of attention. The most straightforward appreciation will happen through the classic buy low and sell high (with a little luck). Second, dividend income has become a common... Read the Full Story |
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Consumer Discretionary | |
GameStop Corp. (NYSE: GME) shareholders may have a feeling of deja vu. Trading of GME stock was paused due to a limit up limit down (LULD) pause on Monday, May 13. The 110% higher move fuels the idea that GameStop is ready to experience another short squeeze reminiscent of 2021.
But the GameStop... Read the Full Story |
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From Our Partners | | You don't need to be an AI expert to know the name Claude…. It's one of the handful of AI companies that's actually become a household name, right up there with ChatGPT. Built by Anthropic, backed by billions, and reportedly about to go public in October at a valuation that could hit $2 trillion.
That kind of brand recognition is exactly why this IPO is about to be one of the most hyped events of the year. Which is exactly the problem.
The IPOs everyone recognizes are usually the worst ones for retail investors to buy into. Ask anyone who bought SpaceX at the open (another instantly recognizable name) and watched it fall more than 50% right after. We've identified the coin we believe is positioned to catch the wave of institutional capital once it rotates out of Anthropic's IPO. Full report, name included, for just $3. | | Discover the “rotation asset” we believe could skyrocket after the Anthropic (Claude) IPO. |
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Consumer Discretionary | |
Analysts' sentiment is a powerful force in the market that can make the difference between winning and losing a trade. The stocks on this list are among the Most Upgraded Stocks tracked by MarketBeat and have bullish support from analysts. They also have secular tailwinds to support their business... Read the Full Story |
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Industrials | |
The way the market has been behaving lately—well, saying it is a minefield would be an understatement. Investors may have gotten—wrongfully—used to the easy money days of 2020-2022, when the Federal Reserve (the Fed) was forced to cut interest rates to near zero as a result of th... Read the Full Story |
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From Our Partners | | Warren Buffett just handed Berkshire Hathaway to his successor. But before stepping down, he quietly made a move in a corner of the energy market Wall Street has largely ignored.
Whitney Tilson, the analyst CNBC dubbed The Prophet, says Buffett's final moves point to an energy shift about to catch the market off guard. | | See what Buffett's exit move signals for energy investors |
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Consumer Discretionary | |
Few would have expected Amazon.com Inc.'s (NASDAQ: AMZN) rally to continue strong when it kicked off at the start of last year. The tech titan’s shares had just taken a 50% haircut in the face of rampant inflation and a broad flight from equities, and there were serious concerns all around. ... Read the Full Story |
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Consumer Discretionary | |
Fast casual restaurant chain Sweetgreen Inc. (NYSE: SG) shares catapulted 34% on its Q1 2024 earnings report. While the retail/wholesale sector company still lost money and missed earnings estimates, losing 5 cents more than the loss of 18 cents consensus estimates, shares still skyrocketed to the... Read the Full Story |
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Consumer Discretionary | | Could the rumors be true? Private equity firms are circling fitness company Peloton Interactive Inc. (NASDAQ: PTON) for a potential buyout. The company has seen 13 consecutive quarters of losses, and the once-shining stock is now 97% below its all-time high.
When the COVID-19 pandemic peaked in 202... Read the Full Story |
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Markets | | Options are complicated and not for the faint of heart. While some investors may use them to take on irresponsible leverage levels on their minor positions, others could use them to express their predictions on a particular stock.
For these predictions to be successful, investors must get two thin... Read the Full Story |
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Industrials | | Rocket Lab USA Inc. (NASDAQ: RKLB) is one of the small-cap aerospace stocks to watch in the emerging space industry. Like many small-cap stocks, strong price movement in either direction is common. And investors got a lot of one and a little of the other during the week the company reported its firs... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky. | | View Today's Stock Pick |
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