Good MorningEquity markets advanced to set a new high on renewed hopes the FOMC would cut rates this year. The ADP report spurred the hope, which was weaker than expected. The caveat for traders and investors is that at 152,000, the ADP report aligns with economic growth, if not robust labor market conditions, and it is unlikely that the FOMC will move to act. At best, the Fed will continue with policy as-is and wait and see what happens next.
The FOMC meets in less than one week and will dictate the next market move. The FOMC is unlikely to make a rate cut at this meeting but may indicate the timing of the first cut. The risk for the market is that the FOMC will keep a hawkish tone and may even indicate a willingness to hike rates if needed. In that scenario, the S&P 500 can continue to rise as earnings grow. When the earnings growth stops, expect the market to crash. Featured: The AI IPO window is opening fast (Ad) 
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Transportation | |
REV Group (NYSE: REVG) has been showing strong performance over the last twelve months as a turnaround and restructuring effort took hold. The results of those efforts are seen in the FQ2 results, which are propelling the market higher. This stock will likely continue to rally because the outlook ... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - two investors who called Nvidia a decade ago - say Elon Musk's newly filed AI patent could trigger a wealth wave they're calling his biggest breakthrough yet.
They're tracking a market pattern with a 100% historical track record of major gains, and they believe it's about to collide with this invention. The last time it triggered, investors had a chance to turn $10,000 into $350,000 in roughly 12 months. | | See the details on Elon's AI patent and what comes next |
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Consumer Staples | |
Shares of Ollie’s Bargain Outlet (NASDAQ: OLLI) are heading higher following the Q1 release and will likely continue rallying this year because of its market-leading growth. The company is a growing opportunity in off-price retail, outpacing the industry trend. The latest report includes out... Read the Full Story |
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Technology | |
CrowdStrike Holdings, Inc. (NASDAQ: CRWD) is among the top players in the cybersecurity sector, a tech industry subsector. CrowdStrike’s earnings were released for the first quarter of fiscal year 2025, highlighting the company’s strategic focus on platform consolidation and AI-powered... Read the Full Story |
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From Our Partners | | Most traders waste time watching stocks that never set up. Tim Bohen built Oracle to scan 15,000 stocks and flag only the ones that meet criteria worth acting on.
When Oracle signals, Tim trades. When it doesn't, he moves on. Now he's showing exactly how it works, live. | | Watch Tim demonstrate how Oracle filters the noise right now |
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Technology | |
While the stock market is near all-time highs again, not all stocks are experiencing the same bullish sentiment. You have probably noticed that a portion of your portfolio underperforming the benchmark indexes. Stocks that underperform when the market rises tend to sell off harder when the markets... Read the Full Story |
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Auto/Tires/Trucks | |
Tesla’s (NASDAQ: TSLA) stock is under pressure and at risk of a deep implosion. The company’s high valuation alone makes it a target, and there are many risks for investors. Among them is the upcoming vote on CEO Elon Musk’s compensation package and a sluggish EV market. EV sales... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - the duo who identified Nvidia a decade ago - are forecasting that Elon Musk's AI breakthrough they call 'M.A.G.I.' will collide with a rare market pattern by July 30.
That pattern carries a 100% historical track record. The last time it triggered, early investors had a chance to turn $10,000 into as much as $350,000 in roughly 12 months. | | See the full breakdown of their AI prediction before July 30 |
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Retail/Wholesale | |
Everyone in the market is focusing on the wave technology stocks launching in artificial intelligence. However, a few critical areas in this transforming economy may better suit investors looking for exposure to the next ‘big thing.’ This time around, it isn’t semiconductor stock... Read the Full Story |
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Consumer Staples | |
Altria (NYSE: MO) is among the leading sin stocks but is still a good dividend play today. Up more than 17.5% in the last few weeks, the purveyor of tobacco products is on track to reclaim the high end of a long-term trading range and possibly set new highs. Among the drivers for this move is the ... Read the Full Story |
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Technology | |
Small-cap stocks provide opportunity but are riskier than average stocks due to their relatively untested business, competition, and market conditions. Investors can mitigate the risk by due diligence, including tracking the insider, institutional, and analyst sentiment, which helps weed out the c... Read the Full Story |
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Auto/Tires/Trucks | |
The global electric vehicle (EV) market has captivated the attention of investors and analysts globally. However, as with any market driven by hype and speculation, the allure of quick riches often overshadows the fundamental principles of sound investing. Faraday Future Intelligent Electric (NAS... Read the Full Story |
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Retail/Wholesale | |
Bath & Body Works (NYSE: BBWI) is a brand name synonymous with fragrant lotions and flickering candles, experienced a sudden chill in the market as investors reacted to the company's recent second-quarter sales forecast. Despite Bath & Body Works’ earnings exceeding first-quarter est... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally. Canaan Inc. was founded in 2013 and is based in Singapore. | | View Today's Stock Pick |
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