Good MorningEquity markets started September sourly, with the S&P 500 falling more than 2.35% at the session's low. The move confirms the presence of technical resistance at an all-time high and sets the market up for a deeper decline. If no catalyst emerges for higher prices, the market could fall another 7.5% to retest support at the recent lows. There is a risk for a lower low in that scenario because a double-top would form in the market.
There are catalysts for stocks this week, the primary one being the NFP report on Friday. It is expected to show steady job creation and falling inflation, data that will not lead the FOMC to cut rates. At 162,000 new jobs and 4.2% unemployment, the data would align with healthy labor market conditions and negate the need for aggressive interest cuts, if not interest rate cuts in general. Featured: Do Not Buy Another AI Stock Before Seeing This (Ad) 
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Industrials | |
No-brainer stocks are easy to own because they require little analysis to uncover their strengths, which include growth, cash flow, fortress balance sheets, and capital returns. From the buy-and-hold perspective, they fit right into the Warren Buffett school of investing and can deliver value for ... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Consumer Discretionary | |
Insider buying is interesting because it highlights stocks bought by people who know the most about a business. Insiders buying small-cap names are more interesting because of the outlook for interest rates. The FOMC is set to begin lowering rates this year and, if all goes well, will spark an eco... Read the Full Story |
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Technology | |
As a leading provider of data storage solutions, Western Digital Co. (NASDAQ: WDC) stands at the forefront as a key benefactor of the artificial intelligence (AI) data cycle. AI requires processing power from GPUs, low latency networking from optical controllers, and massive storage capacity and... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Technology | |
Bears will always have a reason to bet against the market, even a roaring one like today’s S&P 500 making high after high. Not even the so-called carry trade sell-off triggered by the Japanese yen and U.S. dollar could keep the market down, as it swiftly recovered a couple of days later.... Read the Full Story |
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Markets | |
When investors face the current volatility and uncertainty in the stock market, it might be hard to keep a cool head and stay away from the sell button. However, this is precisely when they should scour the market for better opportunities and deals. Keeping the fundamentals front and center will a... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Finance | |
Most stock market investors are often worried about one market and one market alone: the U.S. stock market and its recent developments. They often fail to recognize that today’s global economy is more connected than ever before, so what happens in one country affects other countries (and the... Read the Full Story |
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Industrials | |
Rideshare operator Lyft Inc. (NASDAQ: LYFT) finally made good on its path to profitability, scoring its first-ever GAAP profitable quarter. Unfortunately, the good news was overshadowed by its soft forward guidance, which sent shares tumbling 17% following its second-quarter 2024 earnings release.... Read the Full Story |
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Energy | |
September often carries a reputation for market volatility and potential downturns, usually called the “September Effect.” This perception is rooted in historical observations, but savvy investors should avoid letting perceived trends dictate their investment decisions. Focusing on sol... Read the Full Story |
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Communication Services | |
Netflix Inc. (NASDAQ: NFLX) is the world's largest subscription-based streaming video service, boasting more than 280 million global subscribers. The company added 8 million net new subscribers in its second quarter of 2024 while increasing average revenue per user (ARPU) by 5%. The company&rsq... Read the Full Story |
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Consumer Staples | |
During periods of market volatility, and specifically economic uncertainty, investors often scram to find a safe place for their capital to be allocated. However, by the time they need to sell the risky names in their portfolios and cycle to safety, it might be too late. The key here is to act bef... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. | | View Today's Stock Pick |
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