Good MorningThe S&P 500 set an all-time high following the FOMC's decision to cut rates by an aggressive 50 basis points. However, the Fed didn't alleviate uncertainty so much as to increase it because the aggressive pace suggests the need to front-run the risk of a recession. The takeaway for investors is that the S&P 500 may continue higher this week. Still, it has begun to form a Rising Wedge pattern, likely resulting in a price action reversal within the coming weeks.
The risk for the market next week is the PCE price index. The index is due on Friday and needs to be a Goldilocks number: neither too hot nor too cold. Any variation from the trend will alter the outlook for rate cuts and economic fundamentals, with hot inflation reducing the chances for additional rate reductions this year and cool inflation increasing the odds of a recession.
Featured: Elon’s big $266,000 per second purchase (Ad) 
|
Technology | |
Onsemi (NASDAQ: ON), formerly known as ON Semiconductor, is a chip stock that hasn’t had a great 2024 so far. The company’s shares are down 12%, underperforming its industry. The Invesco PHLX Semiconductor ETF (NASDAQ: SOXQ) is up 22% this year. However, some indicators give reason to ... Read the Full Story |
|
From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
|
Technology | |
U.S. stocks reacted positively following the Federal Open Market Committee's announcement in mid-September that it would lower interest rates by 50 basis points, wider than many analysts had anticipated. Generally, a lower federal funds rate is often a boon for stocks, as businesses are able to mo... Read the Full Story |
|
Retail/Wholesale | |
U.S. retail and food service sales for August reached nearly $711 billion, an improvement of 0.1% sequentially and 2.1% year-over-year. Though relatively modest, these gains nonetheless represent a surprise, as many analysts had anticipated that poor auto sales and the lingering impact of inflatio... Read the Full Story |
|
From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
|
Medical | |
The Federal Reserve rate cuts have sent the market up, but some stocks are rising more than others. That includes small pharmaceutical companies like Wave Life Sciences (NASDAQ: WVE), whose shares rose 9% the day after the central bank reduced rates by 50 basis points.
However, rate cuts are no... Read the Full Story |
|
Transportation | |
FedEx Corporation (NYSE: FDX) is a solid business, but its latest results give another reason to fear that a recession is near. The company underperformed in all metrics, contracting versus an expectation to grow and reducing guidance in what may be the first of several reductions this year. The... Read the Full Story |
|
From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
|
Markets | |
The US Securities and Exchange Commission (SEC) has embarked on a significant overhaul of the US equity market structure, with a key component being reducing the minimum tick size from one penny to half a penny. This move, expected to take effect in November 2025, promises to reshape the way stock... Read the Full Story |
|
Business Services | |
Mastercard (NYSE: MA) just announced an acquisition to beef up its capabilities in cybersecurity and threat prevention. It will buy Recorded Future, the world's largest threat intelligence firm. When it comes to companies deeply embedded in the payments industry, it makes sense why Mastercard spen... Read the Full Story |
|
Markets | |
For months, investors have been bracing for a shift in the Federal Reserve's monetary policy, anticipating loosening interest rates to counter potential economic headwinds. But the recent rate cut, a dramatic 50 basis point reduction, has yielded an unexpected result: bond yields have risen. This ... Read the Full Story |
|
Finance | |
With the Federal Reserve kickstarting a new rate-cutting cycle, dividend stocks have become even more attractive. On Wednesday, the Fed made a hefty 50 basis points cut, surprising many who had anticipated a more modest 25 basis point reduction. As rates drop, dividend-paying stocks become more ap... Read the Full Story |
|
Markets | |
The stock market is an active ecosystem constantly influenced by various factors. One such factor, occurring four times a year, is the “triple witching.” This event, which takes place on the third Friday of March, June, September, and December, can significantly impact market volatilit... Read the Full Story |
|
Monday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | Should I Buy Chevron Stock? CVX Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Chevron was last updated on Thursday, July 16, 2026 at 6:05 PM.
Chevron Bull Case -
The current stock price is around $193, reflecting a strong position in the market.
-
Chevron recently reported a quarterly earnings per share (EPS) of $1.41, exceeding analyst expectations, which indicates robust financial performance.
-
The company has a solid annualized dividend of $7.12, providing a dividend yield of 3.9%, which can be attractive for income-focused investors.
-
Chevron's revenue has shown a year-over-year increase of 2.1%, suggesting growth potential in its operations.
-
Analysts forecast a significant increase in EPS to 15.28 for the current fiscal year, indicating positive future earnings potential.
Chevron Bear Case -
The company's dividend payout ratio is currently at 123.40%, which may raise concerns about sustainability in dividend payments.
-
Chevron's revenue for the latest quarter was below analyst estimates, which could indicate challenges in meeting market expectations.
-
Despite a positive EPS report, the company posted a decline in EPS compared to the same period last year, which may signal potential issues in profitability.
-
Insider transactions show a significant sale of shares by a director, which could be interpreted as a lack of confidence in the company's future performance.
-
Market volatility and geopolitical tensions can impact oil prices, which may adversely affect Chevron's profitability and stock performance.
| | View Today's Stock Pick |
|
