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: Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad) 
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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 |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Industrials | |
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 |
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Consumer Discretionary | |
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 |
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From Our Partners | | TradeSmith CEO Keith Kaplan warns that AI's rapid rise has a dark side, threatening American jobs and livelihoods. He says now is the time to prepare before August 31st.
TradeSmith has invested $17 million in AI tools and built a platform used by 180,000 traders worldwide. One user, Stephen, credits it with building a $2.95 million retirement portfolio. | | See where Kaplan says to move your money before August 31st |
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Technology | |
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 |
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Consumer Discretionary | |
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 |
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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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Consumer Discretionary | |
Nike (NYSE: NKE) just announced that its current CEO has retired, and it’s bringing in a long-time employee to take the helm. Elliott Hill will become Nike's CEO on Oct. 14. He hopes to be the new face the company needs to turn its fortunes around.
I’ll detail Nike's history with lame... Read the Full Story |
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Technology | |
Rubrik Inc. (NYSE: RBRK) is a leading cybersecurity company specializing in data protection and recovery, and it is quickly becoming a key player in the rapidly expanding cybersecurity sector. Since its initial public offering (IPO) in April, Rubrik has demonstrated strong financial performance, h... Read the Full Story |
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Utilities | |
Constellation Energy (NASDAQ: CEG) has been amongst the hottest stocks in the market in 2024, with its shares up 125%. Those aren’t the types of returns people usually associate with utility companies in such a short period of time. However, when a company is connected to the AI revolution... Read the Full Story |
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Technology | |
Not too long ago, crypto-related stocks generated buzz as Bitcoin surged to new heights. These stocks gained significant popularity due to the excitement surrounding digital currencies and media attention. However, in recent times, crypto stocks have become less of a focus, even as Bitcoin hovers ... Read the Full Story |
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Markets | | Bonds can be a smart strategy for individuals looking to diversify their portfolios and achieve more predictable returns. While stocks offer the potential for higher growth, they also come with greater volatility. On the other hand, bonds are generally considered less risky and can provide a steady ... Read the Full Story |
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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 |
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