Good MorningEquity markets cheered news pointing to the first FOMC interest rate cut since 2020 in years. The news included the minutes from the last FOMC meeting and remarks by Jerome Powell at Jackson Hole. In his words, the time has come for policy to adjust to the conditions. He didn't specify when the first cut would be or the pace of future cuts, leaving that to the data and committee decision.
The market's takeaway is that the soft economic landing scenario is still in play. While the risk of recession remains, economic data remains favorable, and lower interest rates will help. The first cut will signal a fundamental shift, reducing headwinds that have impacted stocks for the last two years. This means that sector rotation is still in play and investors should expect high volatility over the next month or two. Featured: SAGA Metals nears a key milestone in critical minerals race (Ad) 
|
Consumer Discretionary | |
When the economy abounds with liquidity and low interest rates, such as the 2020-2022 period, markets tend to focus on the more exciting growth stories available for investment. These stories were mostly focused on the technology sector, particularly semiconductor stocks that enabled the rise and ... Read the Full Story |
|
From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
|
|
Energy | |
When stocks accumulate a significant short interest, it typically creates the risk of a short squeeze. When investors sell a stock short, they have to borrow and sell it to profit from their bearish views. However, closing the position involves buying back the stock. Knowing this, investors can pr... Read the Full Story |
|
From Our Partners | | Trader Chris Pulver says a new SEC document dropping the day-trading limit to $2,000 has created the biggest retail opportunity he has seen in over 30 years.
His strategy targets what he calls Flashpoints - moments when market makers must move billions of dollars on the S-P 500 in a narrow window. Research shows one recent signal would have returned 83.7% in 36 minutes and another 62.8% in 51 minutes.
Lance Ippolito flew to Utah for a full breakdown of the method. | | Tap here to see the complete Flashpoint trading breakdown now |
|
Technology | |
Lumen Technologies (NYSE: LUMN) has experienced skyrocketing share price in the last month, making it one of the top-performing stocks based on total 30-day returns in the area of 323% as of this writing. Earlier this month, Lumen shares topped $6 for the first time since late 2022. All of this ... Read the Full Story |
|
Communication Services | |
Recently, investors have had the chance to gain insight into the portfolios of Wall Street’s mega investors, from Warren Buffett and his multi-billion dollar positions and portfolio shifts to Michael Burry and his not-so-contrarian value investments. Michael Burry directly goes against popul... Read the Full Story |
|
From Our Partners | | Lance Ippolito spent nearly two decades trading the markets, appearing on MoneyShow, Cheddar TV, CNN Money, and MarketBeat.
His free guide, Options Trading Explained, covers two tickers pros call their secret weapon, Wall Street's daily hidden edge, and a strategy that targets payouts around 4 PM ET.
It also explains how to avoid overnight risk when trading options. | | Download your free options trading guide now |
|
Technology | |
Intuit Inc. (NASDAQ: INTU) is the financial technology powerhouse behind TurboTax, Credit Karma, QuickBooks, and Mailchimp. The company continues to demonstrate its dominance in the market with the release of Intuit’s earnings report for the fourth quarter and full year of 2024. Intuit&rsq... Read the Full Story |
|
Consumer Discretionary | |
Unsurprisingly, off-price retailers like Ross Stores (NASDAQ: ROST) and TJX Companies (NYSE: TJX) outperform. The off-price retail segment is well-positioned after years of economic turmoil, including supply chain logjams, high inflation, high interest rates, and the ensuing inventory bloat seen... Read the Full Story |
|
Healthcare | |
In just ten days, shares of the mid-cap healthcare stock Tempus AI (NASDAQ: TEM) have gone from down 4% to up nearly 60% in 2024. Famed investor Cathie Wood recently increased her allocation to the company through the ARK Invest family of funds.
ARK has a sizable allocation to the company, with... Read the Full Story |
|
Technology | |
Synopsys (NASDAQ: SNPS) is a firm in the semiconductor industry that provides key software to chip designers. So far this year, the company has underperformed its industry with a total return of 10%. In contrast, the Invesco PHLX Semiconductor ETF (NASDAQ: SOXQ) has returned over 26%. It tracks... Read the Full Story |
|
Consumer Discretionary | |
Williams-Sonoma’s (NYSE: WSM) stock price slumped after its Q2 earnings release, but investors should use this opportunity to load up on a high-quality retail stock. The critical details from the report align with an outlook for steadily rising share prices, and there is a recent stock spl... Read the Full Story |
|
Monday's Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
|
