Good MorningEquity markets are hovering near record highs and need a catalyst. The FOMC failed to invigorate the rally, leaving it vulnerable to a correction to firmer support levels. The next visible catalyst is the PCE price index, due on Friday. If it affirms an outlook for accelerating inflation, the next significant market move could be to sell, and the selling could begin soon. The critical support level is near 5,900 and could be reached in a matter of days.
The risk for the FOMC and equities also lies in the other data. The retail sales figure reveals sales slowing at a faster-than-expected rate, suggesting a consumer-led recession is at hand. If spending doesn't improve in the upcoming reports, the recession is all but assured. The problem for the FOMC is that inflation may not subside regardless of the recession due to tariffs, resulting in stagflation and the need for higher interest rates. The problem for investors is that positive catalysts, including trade relief, could emerge at any time, making the summer of 2025 one of the most uncertain periods on record.
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Finance | |
Understanding incentives and narratives in the market is just as important as understanding its history; however, two truths remain constant through the test of time. People typically buy a stock to make a profit, but these same participants often hesitate to sell a stock just to realize those pro... Read the Full Story |
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From Our Partners | | Jim Rickards believes the Trump administration is about to take a direct stake in a $2 stock sitting on the largest mineral reserve in the country - enough gold for a new Fort Knox, enough copper to rebuild the U.S. electric grid 25 times over.
The Trump administration has previously staked positions in MP Materials, Lithium America, Trilogy Metals, and USA Rare Earth - each time shares moved higher. A landmark policy decision expected before November 3 could reprice this stock from $2 to $20 or more within a year. | | Click here to see why Rickards believes this stock is next |
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Finance | |
Exciting news just rose to the forefront for cryptocurrency stock Coinbase Global (NASDAQ: COIN). On June 18, shares of Coinbase surged 16%. The United States government took an important step that benefits the firm’s future. The U.S. Senate passed the Guiding and Establishing National Inn... Read the Full Story |
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Technology | | Shares of Super Micro Computer Inc. (NASDAQ: SMCI) have been subject to significant volatility in recent months, largely due to negative headlines and other developments within the technology sector. However, most (if not all) of these negative outlooks have already been proven to be fixed and overc... Read the Full Story |
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From Our Partners | | The Fed just changed hands, and Reagan Gold Group says there may be a short window before the impact shows up in the dollar and inflation.
Their free guide explains what the new 'Warsh Fed' could mean for retirement savings and why some Americans are exploring Gold IRAs now, ahead of the next wave of dollar pressure. | | Get the free guide from Reagan Gold Group before the window closes |
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Consumer Discretionary | |
Wall Street often turns to complex government reports to take the economy's temperature, but for many investors, a clearer signal comes directly from the aisles of The Home Depot (NYSE: HD). As the nation's largest home improvement retailer, its financial performance is deeply intertwined with t... Read the Full Story |
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Technology | |
When investing in the stock market, there is no better commodity than independent thought, as following the lead of other investors or professionals who share their views publicly can often be a futile endeavor. However, there are times when a little backing from the hands of experience can be use... Read the Full Story |
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From Our Partners | | Regular investors rarely make money on IPO day. The real winners are insiders, founders and big banks who invested long before the company ever went public.
Michael Robinson, Director of Tech Strategies at Weiss Ratings, says there's a way to see what could be the biggest AI IPO in history before it hits the market.
This kind of early access is normally reserved for elite insiders. Robinson's research points to one opportunity worth a closer look now. | | Click here to learn how to access this AI IPO before it goes public |
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Technology | |
Institutions owning over 80% of the S&P 500 market capitalization are a powerful market force. When they sell, the market falls, and when they buy, the market rises. This article examines three up-and-coming technology stocks that also have high and increasing institutional interest, a powerfu... Read the Full Story |
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Healthcare | |
Over the past several years, one of the most impressive stocks in the healthcare sector has undeniably been Intuitive Surgical (NASDAQ: ISRG). The company’s robotics-assisted surgical devices have proven to be extremely innovative, attracting intense demand from doctors around the globe.
... Read the Full Story |
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Communication Services | |
In its latest multi-billion-dollar move, Meta Platforms (NASDAQ: META) has made a big investment in data-labeling company Scale AI. The tech giant will invest over $14 billion in Scale and gain a 49% stake in the company.
So, what does Scale AI do, and why has Meta decided to make this deal? Is i... Read the Full Story |
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Finance | |
Most retail investors fall to the default belief that they do not have any competitive advantage compared to the world of hedge funds and investment banks, otherwise known as the smart money institutional players on Wall Street. While this is mostly true across the board, access to information, le... Read the Full Story |
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Consumer Discretionary | |
Every investor in today’s market has had to deal with the ongoing uncertainty that trade tariffs have brought on for the S&P 500 index and other specific stocks. Specifically, the retail sector has been handed the harshest environment for businesses to operate in, with uncertainty about ... Read the Full Story |
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Friday'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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