Good MorningEquities reversed Wednesday’s losses, with the Dow and the S&P 500 both flirting with record highs. However, it was the Russell 2000 that posted the largest percentage gain, signaling that investors may have a more “risk on” appetite.
A key catalyst for the latest rally came from Micron, which reported strong demand for its memory chips ahead of its earnings. In fact, the entire chip sector moved higher on the news.
Investors also cheered the final reading on the second-quarter GDP, which came in as expected. Sentiment for Chinese stocks has also been rising since the Chinese government’s aggressive stimulus efforts.
But investors still need to watch for volatility. Micron has given investors high expectations. Any wobble in its earnings report, which came after the market closed, may become a sell-the-news event. Plus, investors will get the latest reading on the PCE index before the market opens tomorrow.
Featured: Trump Knows Exactly What He's Doing (Ad) 
|
Markets | | |
Even though the Chinese stock market has been scrutinized extensively in the past couple of years, some investors have begun to realize that there is much more upside than apparent risk for Asia’s powerhouse. China’s technology sector has the lowest valuation in history compared to its... Read the Full Story |
|
|
Markets | | |
The economy typically has three leading industries that investors can watch closely when trying to figure out the potential future of the stock market. Of course, consumer discretionary is a big part of this mix, as the United States economy is increasingly made up of consumer trends and debt. Fol... Read the Full Story |
|
Markets | | |
Rocket Lab USA Inc. (NASDAQ: RKLB) shareholders recently saw RKLB stock hit a new 52-week high of $8.98 per share. As of this writing, it’s pulled back a little to $8.69 per share but is still one of the best-performing stocks in 2024 and over the last 12 months. Many analysts believe that R... Read the Full Story |
|
From Our PartnersAs you may have seen over the last few weeks, I've been giving out special daily setups on my favorite ticker.
We’ve been taking these setups @ 10AM and so far, we've posted 28 different payouts …
Each of which were delivered at exactly 4PM as the market closed.
You see, these setups require zero oversight and have shown the power to deliver in the most chaotic market conditions.
And after a few weeks of fine-tuning … I knew it was time to let you in on The 4 PM Payout Plan.
That's why Jack Carter and I pulled back the curtain to reveal how we've been able to nail in a 96% win rate in the same window the market lost 11 trillion dollars in value. | | | We also revealed how you can find and execute these setups on your own without any help at all. |
|
Markets | | |
The Federal Reserve launched the first of several expected interest rate cuts in its September meeting, making a larger-than-anticipated half-percentage-point reduction. The real estate market, plagued by issues including insufficient supply relative to surging demand and mortgage rates that have ... Read the Full Story |
|
Markets | | | Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that its recent weakness has hurt Australia.Chalmers was wrapping up a two-day visit to Beijing, the first to China by an Australian treasurer in seven years, as strained bilateral relations... Read the Full Story |
|
|
Markets | | |
Micron Technology, Inc. (NASDAQ: MU) proved the doubters and analysts wrong with a Babe Ruth-style homerun earnings report that saw revenues nearly double YoY driven by the artificial intelligence (AI) boom. The irony is that at least three analysts downgraded, trimmed estimates or lowered price... Read the Full Story |
|
Stocks | | | U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S. economy can manage the rare feat of suppressing high inflation without causing a recession.The S&P 500 edged down by 0.1% from its all-time high set the day before, its 42nd... Read the Full Story |
|
Markets | | | Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces, an expert hired by Google testified Thursday.Mark Israel, an economist who prepared an expert report on Googl... Read the Full Story |
|
Markets | | | The president of the Federal Reserve's Richmond branch says he supports reducing the central bank's key interest rate “somewhat” from its current level but isn't yet ready for the Fed to fully take its foot off the economy's brakes. In an interview Thursday with The Associated Press, Tom Barkin also... Read the Full Story |
|
Markets | | | Argentina's poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei' s presidency, the statistics agency reported Thursday, a steep rise reflecting the pain of the country's most intense austerity program in recent memory. The government's finding that Argentina's half... Read the Full Story |
|
Friday's Early Bird Stock Of The Day America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer for the used car market in the United States. It primarily sells older model used vehicles and provides financing for its customers. The company was founded in 1981 and is headquartered in Rogers, Arkansas. | | View Today's Stock Pick |
|
