Good MorningEquity markets tried to rebound on Thursday, lifting the S&P 500 by nearly 1% at the session's high, but the move was short-lived. Selling resumed later in the day, driving the index to a new low and confirming resistance at a critical level. That level is near 5,500 and may cap gains for the market for the remainder of the summer.
The risk for markets now is that selling for the sake of selling will take control. The S&P 500 chart is on the verge of a Death Cross, a bearish signal for traders. A Death Cross forms when a short-term moving average crosses over a longer-term moving average, a move that could compound day-trader selling with selling by institutions and other large investors. In this scenario, the S&P 500 decline could gain momentum and reach 20% or more before hitting bottom. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Markets | |
AstraZeneca PLC (NASDAQ: AZN) is a United Kingdom-based healthcare firm and the sixth-largest pharmaceutical company in the world by market capitalization. So far, in 2024, the firm has outperformed the market and its sector, achieving a total return of 17%. The total return of the SPDR S&P ... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Medical | |
Viking Therapeutics (NASDAQ: VKTX) is a clinical-stage biopharmaceutical company known for its focus on developing novel treatments for metabolic and endocrine disorders. Viking Therapeutics' earnings report for the second quarter of 2024 was impressive, capturing the attention of investors and ... Read the Full Story |
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Retail/Wholesale | |
Investors who remained heavily invested in the technology sector should start watching the broader market’s behavior today, as names in artificial intelligence like NVIDIA Co. (NASDAQ: NVDA) are potentially coming out of favor. A rotation into other areas and asset classes has started in the... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Technology | |
Since closing at a record high less than 10 days ago, the benchmark S&P 500 index has been on the back foot. For the moment, it's not looking like a whole lot more than a healthy mid-rally correction. After all, it had logged almost 40% of gains this year so far, and some questions were starti... Read the Full Story |
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Technology | |
Equities across the board are starting to soften after months of gains, making it a good time to go bargain-hunting. Many of the stocks that have enjoyed triple-digit percentage gains this past year are also facing some of the heavier selloffs. Qualcomm Incorporated (NASDAQ: QCOM), a semiconduct... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Retail/Wholesale | |
Chipotle Mexican Grill (NYSE: CMG) was not immune to the broad market sell-off. Still, its operational quality belied the move and proved it was a buy-the-dip opportunity. The Q2 results continue the existing trends, which include growing comps, store count, and margin. The primary takeaway is t... Read the Full Story |
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Retail/Wholesale | |
Every once in a while, the stock market becomes severely disconnected from a company's true value and fundamentals, as the stock price reflects a widening disconnect between that company's true value and what the market's feelings dictate the price is today. In other words, value investors often s... Read the Full Story |
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Auto/Tires/Trucks | |
Ford Motor (NYSE: F) is in the consumer discretionary sector and is the third-largest automobile company in the United States by market capitalization. The company reported Q2 2024 financial results on July 24, 2024.
We will examine Ford’s annual filing to better understand its business s... Read the Full Story |
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Markets | | What percentage of your income should you devote to investing each month? If you start investing today, when can you retire? How much of your portfolio should be allocated to stocks?
When saving for retirement and other financial goals, such as buying a home, it can feel like the list of questions ... Read the Full Story |
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Energy | |
Enphase Energy (NASDAQ: ENPH) is a leading microinverter-based solar and battery system provider. The company has emerged as a dominant force in the rapidly expanding renewable energy sector. Enphase Energy’s innovative technology and comprehensive solutions have earned it a prominent posi... Read the Full Story |
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Friday's Early Bird Stock Of The Day TXO Partners, L.P., an oil and natural gas company, focuses on the acquisition, development, optimization, and exploitation of conventional oil, natural gas, and natural gas liquid reserves in North America. Its acreage positions are concentrated in the Permian Basin of West Texas and New Mexico and the San Juan Basin of New Mexico and Colorado. The company was formerly known as TXO Energy Partners, L.P. and changed its name to TXO Partners, L.P. in May 2023. TXO Partners, L.P. was incorporated in 2012 and is based in Fort Worth, Texas. | | View Today's Stock Pick |
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