Good MorningThe market got good news on Wednesday when the FOMC released its policy statement. The Fed didn't say outright that a rate cut would come at the next meeting, but changes in the statement align with that outlook. Even if the Fed waits for another meeting or two, it is on track to cut rates and signal an economic pivot with a wide-ranging impact. The takeaway for investors is that the sector rotation signaled by the CPI report is not over.
Following the FOMC statement, the S&P 500 gained over 2% at the session high, led by tech. However, larger gains were posted by the small-cap Russell 2000, which advanced by nearly 2.5% and broke out of a significant consolidation range. The move shows that traders are moving into the small-cap index, which is expected to outperform over the next few years. The next hurdle for the market is on Friday in the form of payroll data. Featured: Sell these "safe" blue chips immediately (Ad) 
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Technology | |
The S&P 500 and Nasdaq Composite have delivered impressive returns for investors this year. However, a recent pullback in mega-cap growth stocks, particularly the most popular known as the Magnificent Seven, is causing some investors to reconsider their strategies. This shift in market dynamic... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Industrials | |
There is a bull case for Joby Aviation (NYSE: JOBY) that has nothing to do with the June CPI report, but that report made it stronger. The case is stronger because the CPI was cooler than expected, affirming the outlook for interest rate cuts. The outlook for interest rate cuts means an economic... Read the Full Story |
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Technology | |
Microsoft (NASDAQ: MSFT) shares are falling, and this is a buy-the-dip opportunity. The Q4 results failed to spark a rebound in share prices but give no reason to shed a position and every reason to believe a double-digit upside will come soon. The biggest concern from the report is that growth ju... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Technology | | Long-term investors seeking substantial returns often turn to aggressive growth stocks. These stocks, typically from rapidly expanding industries or innovative companies, have the potential to outperform the broader market but come with a higher level of volatility and risk. For investors willing to... Read the Full Story |
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Technology | |
The stock market is excited about artificial intelligence (AI), fueling a surge in investment that has propelled AI-related stocks to unprecedented heights. This rapid ascension has sparked a critical question for investors: is the AI boom a sustainable trend or an overinflated bubble ready to bur... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Markets | |
Washington's elite's investment strategies have captivated the imagination of investors seeking a glimpse into the minds of the nation's power brokers. Two unconventional exchange-traded funds (ETFs) offer this enticing proposition by allowing investors to mimic US Congress members' publicly discl... Read the Full Story |
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Markets | |
Solaris Oilfield Infrastructure (NYSE: SOI) is up nearly 60% in July after announcing a deal to acquire Mobile Energy Rentals (MER). The move has the market on track to break critical resistance, likely leading to another large share price gain. The technical outlook is robust, suggesting a dyna... Read the Full Story |
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Finance | |
When investors think of stocks worthy of a second look or even a percentage allocation of their hard-earned capital, the technology sector and its run for artificial intelligence growth might come to mind first. However, not all stocks in the sector are made equal. While most have outperformed, th... Read the Full Story |
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Communication Services | |
Global media and broadband giant Comcast Co. (NASDAQ: CMCSA) stock is underperforming the S&P 500, trading down 9.4% year-to-date (YTD) versus the index, up 14.54%. Its Q2 2024 earnings results did nothing to break it out of its 4-month trading range. Its shares initially sold off on the rep... Read the Full Story |
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Communication Services | |
Entertainment technology platform operator IMAX Co. (NYSE: IMAX) stock hit 52-week highs following its robust Q2 2024 earnings release. The company has been able to survive and thrive in the motion picture industry even as cinemas and movie theater operators struggle. While consumers flock to IM... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Autohome Inc. operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps. It provides media services, including automaker advertising services and regional marketing campaigns; and leads generation services comprising dealer subscription services, advertising services for individual dealers, and used automobile listing and other platform-based services. The company offers Autohome Mall, an online transaction platform; and online bidding platform for used automobiles, as well as collects commissions for facilitating transactions of auto-financing and insurance products on its platform. The company was formerly known as Sequel Limited and changed its name to Autohome Inc. in October 2011. Autohome Inc. was incorporated in 2008 and is headquartered in Beijing, the People's Republic of China. | | View Today's Stock Pick |
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