Good MorningEquity markets rebounded strongly on Wednesday following signals from Washington that the peak of tariff and policy-related jitters had passed. The signals included an expected de-escalation of the trade war and a statement from the President stating that he wouldn't try to fire Fed Chief Jerome Powell.
The bad news is that the market was unable to hold the session highs, selling off throughout the afternoon to form a red candle confirming resistance at critical levels. Investors should expect volatility to persist if not another downturn in stock prices.
Thursday's risks include the jobless claims and existing home sales figures. Jobless claims are expected to remain in the healthy range, aligning with trends, while home sales are likely to be weak. Existing home sales are hindered by a low inventory of new homes, high prices, and interest rates, and are unlikely to accelerate without a significant change in these fundamentals.
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Technology | |
CrowdStrike Holdings Inc. (NASDAQ: CRWD) is up about 25% in the last 12 months. And with cybersecurity continuing to be one of the hottest sectors for investors, there’s reason to believe it may go higher.
For starters, the technical situation is intriguing. CRWD stock has bounced off a l... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Technology | |
International Business Machines Corporation (NYSE: IBM), an industry pioneer with a long-standing presence in the technology sector, offers a contrasting picture to the rapid growth and instability often seen in newer tech companies.
While many newer players face market challenges, "Big Blue" h... Read the Full Story |
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Markets | |
The S&P 500 Index, as tracked by SPDR S&P 500 ETF Trust (NYSEARCA: SPY), and the Nasdaq-100 Index, as tracked by the Invesco QQQ (NASDAQ: QQQ), have both triggered a widely-followed bearish chart pattern known as the Death Cross.
A Death Cross occurs when a 50-day simple moving average (... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Industrials | |
The tariff-induced stock market sell-off indeed began with a cause. Still, the market overcorrected as some investors sold everything, even the fundamentally sound buy-and-hold stocks they should have held.
This looks at five stocks with fundamentally sound businesses, healthy balance sheets, an... Read the Full Story |
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Consumer Discretionary | |
Amazon.com Inc. (NASDAQ: AMZN) closed just above $173 on Tuesday with a 3.5% gain, its best showing in several sessions. But the bigger picture still looks murky. Shares remain down 30% from February’s all-time high and have badly lagged the broader S&P 500 during the market’s re... 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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Technology | |
Qualcomm Inc. (NASDAQ: QCOM) closed just under $140 on Tuesday night, continuing a steady rally off its multi-year low earlier this month. Since bottoming out at the start of April, the stock has gained nearly 15%, putting in a series of higher highs, one of the clearest bullish technical patter... Read the Full Story |
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Communication Services | |
Magnificent Seven stock Meta Platforms (NASDAQ: META) made headlines in early April as the company announced the release of its next-generation large language model (LLM), LLaMa 4. The company’s open-source large language models are part of its long-term strategy to become the preeminent p... Read the Full Story |
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Technology | |
Wall Street carries on the old saying that one man’s trash can become another man’s treasure, and in today’s market, that saying stands as strong as ever. As the S&P 500 index has undergone an extended period of volatility due to the trade tariffs being rolled out by Presiden... Read the Full Story |
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Consumer Discretionary | |
Tesla Inc. (NASDAQ: TSLA) closed under $238 on Tuesday after gaining 5% ahead of its Q1 earnings report. When results dropped after the bell, the company missed both revenue and earnings expectations, but the market response has been surprisingly constructive. As of early Wednesday trading, Tesl... Read the Full Story |
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Consumer Discretionary | |
Genuine Parts Co. (NYSE: GPC) stock is holding on to gains of around 1% after posting a double beat on earnings on Apr. 22. The stock climbed nearly 5% (4.7%) in pre-market trading. The company also reaffirmed its guidance for the full year. However, in doing so, it was noted that, for now, it w... Read the Full Story |
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Thursday's Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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