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 Calm Before the Rotation — What’s Quietly Building Now (Stock Wire News) (Ad) 
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Industrials | |
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 | | Major banks have slashed their gold price targets - Morgan Stanley to $4450, JPMorgan to $4500 - after predicting $6000 gold earlier this year.
Ross Givens, a former Wall Street insider, says bank targets tend to follow price rather than lead it. He still expects gold to reach $10000 an ounce this cycle.
Givens points to a backdoor asset that gained 846%, 1668%, and 1915% in the last gold cycle. | | See the trade Ross Givens recommends for this gold cycle now |
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Consumer Discretionary | |
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 | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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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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Consumer Discretionary | |
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 | | When Moonshot AI's new model rattled overnight markets, stocks gapped down 1 percent before the open, and history shows the story doesn't end there.
Between 9 30 and 9 50 AM, Wall Street settles nearly 25 percent of the day's total volume in a single 20 minute window, often revealing market direction for the rest of the morning.
A former money manager breaks down the floor data behind this pattern, including a June 25th session where inflation surged past 4 percent and the market moved just 0.3 percent afterward. | | Watch the full video breakdown before access is taken down |
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Consumer Discretionary | |
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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Communication Services | |
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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Consumer Discretionary | |
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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Consumer Discretionary | |
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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