Good MorningEquity markets set a new all-time high last week on renewed hopes the FOMC would start cutting interest rates soon. The caveat is that while inflation is slowing, it is still hot and at record levels, squeezing the consumer between high prices and high interest rates. In this scenario, consumer spending isn't keeping up with the pace of inflation, and the economy is set up for contraction.
This week brings renewed risk for the markets. The economic calendar is light, but at least a half dozen speaking engagements by Fed members may shed light on the outlook for rate cuts. Additionally, the minute meetings from the FOMC's May meeting will be released on Wednesday and may reveal a Fed hesitant to cut. The S&P 500 should be able to set more new highs so long as the FOMC remains on track to cut, regardless of the timeline. The risk is that higher-for-longer may mean higher for the foreseeable future, which is not what the market is pricing. Featured: The case for trading fewer setups, not more (Ad) 
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Consumer Cyclical | |
Luxury apparel manufacturer Canada Goose Holdings Inc. (NYSE: GOOS) shares flew 15% on a strong fiscal Q4 2024 earnings report. The affluent brand is known for its high-priced goose-down parkas, which cost $1,675, $650 Killarney Jackets, $325 Killarney shorts, and $750 Journey Boots. In uncertain ... Read the Full Story |
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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 |
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Medical | |
Integrated healthcare retailer and insurer CVS Health Co. (NYSE: CVS) stock presents a value not seen in years. The medical sector giant saw its shares punished on its Q1 2024 top and bottom line miss, as well as lowered full-year 2024 guidance. However, value investors may want to take a closer l... Read the Full Story |
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Technology | |
As we approach the midpoint of 2024, it's an opportune moment to revisit the performance of the "Magnificent Seven" tech giants and their evolving market narratives.
The group has experienced notable shifts since the beginning of the year, warranting a fresh look at their standings and potential... Read the Full Story |
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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 |
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Basic Materials | |
Investors need to consider some of the world's most critical trends if they want to expose their portfolios to global growth. Some of these current trends are electric vehicles (EVs) and artificial intelligence components, which go beyond semiconductor and technology stocks.
These vital industrie... Read the Full Story |
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Finance | |
Warren Buffett's latest investment move has again captured the financial world's attention. On Wednesday, regulatory filings revealed that Berkshire Hathaway (NYSE: BRK.B), under Buffett's stewardship, had quietly amassed a substantial $6.7 billion position in Chubb (NYSE: CB), the renowned Zurich... Read the Full Story |
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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 |
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Markets | |
Take-Two Interactive Software (NASDAQ: TTWO) turned a corner in 2022, which resulted in a 60% upswing in the stock price. The growth outlook is intact, but the Q4 results and 2025 guidance have reset the market. The problem is that the timeline for the release of Grand Theft Auto VI, the company&r... Read the Full Story |
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Industrials | |
Deere & Company (NYSE: DE) is a titan of the agricultural and construction equipment sector. Deere & Company’s financial reports often serve as a barometer for the health of these crucial market sectors. Deere & Company’s earnings report for the second quarter of 2024 was r... Read the Full Story |
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Technology | |
Investors may have noticed a recent hype surrounding technology stocks, with a particular niche calling for additional attention. Those in the semiconductor industry responsible for making all of artificial intelligence’s promises today have seen preferential treatment from the markets and W... Read the Full Story |
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Technology | |
The year of the Chinese stock market could be approaching after the 2020-2023 timeframe offered nothing but headaches and frustration for shareholders. As the underlying economy shows signs of a potential recovery, investors could soon find out why stocks like Baidu Inc. (NASDAQ: BIDU) could becom... Read the Full Story |
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Technology | |
It's been a solid year for shares of Nvidia Corporation (NASDAQ: NVDA). Having had a stellar 2023, they've already tacked on an impressive 100% value since January. Helped by a perfect combination of falling inflation, a market-wide risk-on sentiment and a booming AI industry, they've become one o... Read the Full Story |
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Monday's Early Bird Stock Of The Day DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments. It offers DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud-free, brand-suitable, viewability, and geography for each digital ad; DV Authentic Attention that provides actionable, and comprehensive data to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. In addition, the company provides DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. Further, it offers software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. The company was founded in 2008 and is headquartered in New York, New York. | | View Today's Stock Pick |
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