Good MorningEquities hovered near break even on Thursday following another decline in the Index of Leading Indicators. The index fell-0.4% in the Month of July making it the 4th straight month of decline but there is some good news. The -0.4% is a better read than the -0.5% indicated by the consensus estimate and an improvement from the prior months -0.7%. If this turns into a trend economic expansion could be back on the table by the end of the quarter but it is too soon to tell.
Next week could be a tough one for the market. There are very few earnings reports on the schedule but at least one major economic report that could move the market. The PCE price index is due out on Friday and will give the latest read on consumer inflation. A better-than-expected report will send the market higher. Featured: Get This #1 Stock Before The Next Rally… (Darwin) 
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Politics | | | The newest meme stock on Wall Street, Bed Bath & Beyond, tumbled even further in after-hours trading Thursday after a high-profile activist investor confirmed that he's bailed out of the stock.
Ryan Cohen, the co-founder of Chewy who helped ignite a couple of meme stocks to jaw-d... Read the Full Story |
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From Our PartnersMarkets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE.
He lives financially free trading this One Stock Once per month... | | | | Ticker Revealed. |
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Stocks | | | Pharmaceutical stocks are frequently subject to whiplash trade, and that’s evident now with sharp moves lower in names such as Sanofi (NASDAQ: SNY), GSK (NYSE: GSK), and Teva Pharmaceuticals (NYSE: TEVA).
Price swings in that industry are often determined by the results of clinical tria... Read the Full Story |
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I have a background in marketing. So it’s impossible for me to ignore the loyalty that Starbucks (NASDAQ:SBUX) receives from its customers. It shows up in my social media feed for sure. But I also notice that, even in the small-ish area I live in, Starbucks continues to expand, or at least r... Read the Full Story |
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From Our PartnersMarket Wizard Larry Benedict crushed the market in 2022. But he hasn’t done it with a “traditional” method…
For a limited time, he’s sharing a free over-the-shoulder “demo” of his strategy in action. | | | | It takes less than 10 seconds… |
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Politics | | | Global stock markets and Wall Street futures fell Friday after unexpectedly good U.S. jobs data left room for more interest rate hikes to cool inflation.
London, Shanghai, Tokyo and Frankfurt declined. Oil prices edged lower but stayed above $90 per barrel.
Fewer Americ... Read the Full Story |
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When it comes to the tech world there’s established, blue-chip tech and then there’s experimental tech and Cisco Systems (NASDAQ: CSCO) is as established as a company can be. The company manufactures, markets, and services IP-based networking, routing, and infrastructure components use... Read the Full Story |
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From Our PartnersThe early bird gets the worm and the options trader who waits until 9:30EST can win big! Hi, I'm Dave Aquino and if you're new to options trading , my e-book "How To Master the Retirement Trade" will show you exactly how to take advantage of this early morning, profitable, but often overlooked window of trading time. | | Download your copy today and let's get started! |
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BJ’s (NYSE: BJ) Wholesale Club Q2 results echo the strength seen in Sam’s Club segment at Walmart (NYSE: WMT). The two membership clubs posted record results driven by rising member counts that are underpinning a robust outlook for the year. Assuming these trends are true across the di... Read the Full Story |
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Markets | | | After working as an overnight security guard at a church in Harare's impoverished Mabvuku township, Jeffrey Carlos rushes home to help his wife fetch water to sell.
Prolonged water shortages mean most residents of the capital city of more than 2.4 million must source their own water. ... Read the Full Story |
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Markets | | | After working as an overnight security guard at a church in Harare's impoverished Mabvuku township, Jeffrey Carlos rushes home to help his wife fetch water to sell.
Prolonged water shortages mean most residents of the capital city of more than 2.4 million must source their own water. ... Read the Full Story |
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Politics | | | Sri Lanka’s central bank chief hopes the government can reach a preliminary agreement that could lead to a bailout package with the International Monetary Fund when its officials visit later this month Read the Full Story |
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Markets | | | If you’ve ever gotten a speed, red light, or school bus camera ticket in the mail, then you know how miserable they can be. At some point, you think to yourself that there’s got to be someone on the other side making a ton of money off these tickets. Well, there is a company making a ton... Read the Full Story |
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Friday's Early Bird Stock Of The Day Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies in the United States, and the United Kingdom. The company's lead development candidate is Ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis; and anti-infectives portfolio includes SMT-738, a novel class of precision antibiotics for the treatment of multidrug resistant infections, which primarily includes carbapenem-resistant Enterobacteriaceae infections. It has a collaboration and license agreement with Akeso, Inc. and its affiliates to develop and commercialize ivonescimab, as well as strategic collaboration with The University of Texas MD Anderson Cancer Center for the purpose of accelerating the development of ivonescimab. The company was founded in 2003 and is headquartered in Miami, Florida. | | View Today's Stock Pick |
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