Good MorningEquity markets moved down to set a two-week on Thursday, ahead of the much-anticipated August labor market report. The report is expected to show resilient labor market conditions, with jobs growing by 160,000 and unemployment falling. The risk is twofold: As-expected data may keep the FOMC from lowering interest rates as hoped, while weak data could ignite fear of a recession. Markets are likely to continue falling in either scenario.
The S&P 500 shows a double top formation. The question is whether the market has turned a corner into a trading range or made a sharper turn and will head lower. The 5,500 is the critical level for Friday trading, and a large move is expected. The VIX shows an elevated level of fear, indicating an increased chance of volatility, if not a move lower for the S&P 500. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
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Markets | | Emerging markets are rapidly growing economies transitioning from developing status to becoming major players on the global stage. They have experienced notable shifts in their economic structures, often marked by industrialization, rapid technological advancements, and expanding middle classes. Whi... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Finance | |
A lot of chatter has been going on around the subject of the U.S. economic situation right now. On one side, some market participants think that the S&P 500 could keep on making new all-time highs, while others believe that a recession is about to unleash a major bear market. Investors can pla... Read the Full Story |
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Technology | |
Few investors at the start of the year would have expected NVIDIA Corporation (NASDAQ: NVDA) to be “trading in bear territory” by the end of the summer. But that’s exactly what Goldman Sachs called it yesterday, as the tech titan continued to struggle for upward momentum after la... Read the Full Story |
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From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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Markets | |
As U.S. interest rates remain elevated and the dollar continues its strong run for much of 2024, emerging market equities have still delivered impressive performances. While trailing behind the S&P 500, the iShares MSCI Emerging Markets ETF (NYSE: EEM) has climbed 5.7% year-to-date. The landsc... Read the Full Story |
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Finance | |
Investors might wonder whether the real estate sector will see a demand boon soon. Leaning on the promise of a Federal Reserve interest rate cut by the end of the year, most of the market is on the edge of their seats, and they are getting ready to pour into property. The problem is that this time... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Finance | |
With so many investment options, it can feel overwhelming to choose the best combination. This can lead to having lots of positions, making it feel like there is always something to monitor and causing confusion around where one’s portfolio stands. Below, we'll examine three ETFs that can be... Read the Full Story |
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Finance | |
The cliché "Short-term pain for long-term gain" rings true in the stock market, notably during earnings season. Companies that miss forecasts or cut guidance find their stocks punished as investors jump ship for greener pastures. However, there is a distinction between guidance cuts based o... Read the Full Story |
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Technology | |
Snap Inc. (NYSE: SNAP) is the corporation behind the popular social media platform Snapchat. Despite Snapchat’s undeniable brand recognition and a loyal, growing user base, Snap’s stock price has dropped significantly, down 47% year to date and nearly 90% from its all-time high. Snap&r... Read the Full Story |
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Technology | |
Investors may think that home prices are the only way to play the real estate sector, whether by investing in physical property or crowdfunding platforms that allow retail investors to tap into the income and appreciation potential from owning a share in a portfolio of properties. However, there a... Read the Full Story |
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Technology | |
GitLab (NASDAQ: GTLB) shares wallowed over the summer, but those days are long behind it now that the Q2 results are in. The results show that AI-focused spending is shifting to applications development, where GitLab excels. It is the leading DevSecOps platform, providing an end-to-end solution fo... Read the Full Story |
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Friday's Early Bird Stock Of The Day Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. The company's flagship business, Varsity Tutors, operates platforms for live online tutoring and classes. Its solutions are available directly to learners, as well as through education systems. The company was founded in 2007 and is headquartered in Saint Louis, Missouri. | | View Today's Stock Pick |
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