Good MorningEquity markets opened with a gain on Thursday but quickly reversed course, shedding nearly 1.0% for the day. The move shows that resistance to higher prices remains at the all-time high and may cap gains over the next month or two. The FOMC minutes aligned with the idea of rate cuts in September, while data suggests the economic outlook is still strong, bringing sector rotation back to the forefront. In this scenario, investors should expect to see market leaders such as NVIDIA underperform over the coming weeks despite results as investors shed profitable trades to raise capital.
The VIX is another sign that investors should pay attention to. The fear index has begun rising again and is setting up for another spike. That could come at any time, given the proper catalyst, and there are catalysts on the horizon. The two primary are an earnings report from NVIDIA next week and the PCE report due next Friday. The risk for markets is that CPI data could spark a sell-off regardless of inflation; a hot report will keep rates higher, a cool report will raise fear of recession, and as-expected will keep sector rotation in play. Investors should expect volatility; the only question is how much. Featured: The case for trading fewer setups, not more (Ad) 
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Medical | |
Shares of medical device manufacturer Medtronic PLC (NYSE: MDT) are down about 35% from their highs of roughly three years ago, but promising results from the company's first quarter of fiscal 2025, which ended July 26, could help to drive renewed upward momentum. Specifically, Medtronic's diabe... 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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Retail/Wholesale | |
Advance Auto Parts (NYSE: AAP) witnessed a dramatic plunge in its stock price, falling over 20% in pre-market trading after the company released its second-quarter 2024 earnings report. The disappointing results triggered a strong adverse reaction from investors, including a miss on earnings per... Read the Full Story |
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Construction | |
Toll Brothers (NYSE: TOL) is one of the largest home-building companies in the United States. In 2023, the company's revenue was nearly $10 billion, putting it in fourth place behind giants like Lennar Corp (NYSE: LEN) and D.R. Horton (NYSE: DHI).
Shares have performed well in 2024, providing ... 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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Technology | |
When markets get volatile, investors of any size and background tend toward certainty in business models and predictability in cash flows. Fitting this category are stocks in the consumer staples sector, known for their defensive nature. This is born of the products and services these companies of... Read the Full Story |
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Technology | |
Operational quality and business trends are why Palo Alto Network's (NASDAQ: PANW) stock price will soon hit a new all-time high. The latest report shows that business strength persists despite the company’s leaning toward free and reduced services intended to boost total business. That pl... 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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Technology | |
Warren Buffett, the famed Oracle of Omaha and longtime leader of Berkshire Hathaway Inc. (NYSE: BRK.B), famously advises investors to "be fearful when others are greedy." It's easy to become swept up in investor excitement about a company, but trying to time the market is notoriously risky. Someti... Read the Full Story |
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Technology | |
While it was scary at the time, the sell-off that started last month across equities is already becoming a thing of the past. Take the benchmark S&P 500 Index, for example. Sure, it had its worst run of weeks in years as it shed the better part of 10% in just three weeks, but it’s after ... Read the Full Story |
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Retail/Wholesale | |
TJX Companies (NYSE: TJX) stock price surged following the Q2 earnings release because its quality operations and market conditions combined to drive better-than-expected results, leading to improved guidance. The reason it will continue to rise is the analysts. The analysts' response to the news ... Read the Full Story |
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Communication Services | |
Investors often dread the arrival of a bear market, which is a period characterized by a prolonged decline in stock prices. This decline is usually accompanied by widespread pessimism and negative investor sentiment, potentially driven by factors like economic slowdowns or geopolitical events. His... Read the Full Story |
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Technology | |
As the quarter winds down, investors can look at 13-F filings to determine what the best minds on Wall Street are planning for the coming months. The Securities and Exchange Commission (SEC) requires these filings whenever an individual investor or fund holds a significant enough stake in any give... Read the Full Story |
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Friday's Early Bird Stock Of The Day Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. Appian Corporation was incorporated in 1999 and is headquartered in McLean, Virginia. | | View Today's Stock Pick |
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