Good MorningEquity markets advanced another day on Tuesday, taking the S&P 500 up by 0.3% to set a 2-month closing high. The rally is the 2nd longest for the year and may continue higher, given solid results from retailers next week. The risk is that retailers' profits and guidance will fall short of the consensus and cap gains for the index, and there are reasons to fear. Reports are due from Walmart, Target, and Home Depot; 2 of which have struggled this year.
This week's risk is Fed-related. There are a dozen speaking engagements on the calendar, including an IMF panel discussion with Jerome Powell. The discussion will surely hit on inflation and monetary policy so that it will be closely watched for clues. The latest indications are that the peak of the FOMC rate hiking cycle is near; words contrary to that outlook will harm the market. If the S&P 500 is unable to get above 4,350 by the end of the Q3 reporting period, the odds are high that another deep stock market correction will follow. Featured: Wall Street Insider Makes Prediction about Hot A.I. Stock (Chaikin Analytics) 
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The world of energy stocks is going through changes nearly every week. The swings in the price of oil are sending further shocks that investors are only beginning to digest as part of a new normal. Their solution? Diversify away risk into other sources of energy, those that the world likes to call... Read the Full Story |
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From Our PartnersInvestors are lining up for gains in the New Uranium Bull Market. One tiny uranium company - currently trading undiscovered by Wall Street around US$0.40 per share - controls one of the largest land positions in the hotbed of global uranium production. Best of all, the vast majority of the firm's projects are being funded by MUCH LARGER companies.
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Buy-and-hold investing may seem like a boring activity, but it is the path to sustained wealth building. Building positions over time that leverage growth, capital returns, and capital return growth results in accelerating returns and market-beating performance. Buy-and-hold investing focuses on b... Read the Full Story |
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Today's market is interested in one thing and one thing only. That something is growth. That's particularly true when the underlying economy is facing the possibility of stagflation, that is, a lack of growth coupled with sustained high levels of inflation.
Investors are scrambling to find busine... Read the Full Story |
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Since reporting earnings, shares of Roku (NASDAQ: ROKU) have been one of the hottest-performing large-cap stocks. Roku stock is up almost 40% after reporting better-than-expected Q3 results and issuing strong guidance.
Rather impressively, since gapping up following its earnings release, sh... Read the Full Story |
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Edge cloud platform operator Fastly, Inc. (NASDAQ: FSLY) is a content delivery network (CDN) provider enabling fast, secure and stable delivery of data and applications like live streaming and on-demand music and video. It is the world's fastest and most reliable serverless compute platform on the... Read the Full Story |
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From Our PartnersThe best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. | | CLICK HERE TO FIND OUT MORE |
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Markets | | Asian shares were mixed in muted trading Wednesday as attention focused on prospects for improved China-U.S. relations from meetings next week on the sidelines of a Pacific Rim summit. The Asia-Pacific Economic Cooperation forum meetings in San Francisco offer an opportunity for top leaders from the... Read the Full Story |
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Markets | | China's imports rose in October while exports fell for a sixth straight month compared with a year earlier in the latest evidence the world's second largest economy remains in the doldrums.Customs data released Tuesday showed imports climbed 3% from a year earlier to $218.3 billion, while exports fe... Read the Full Story |
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Markets | | The International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth Read the Full Story |
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Markets | | Shares meandered in Asia on Thursday after a another mixed close on Wall Street where benchmarks have been recalibrating following recent big swings. Stock prices fell in Hong Kong, Taiwan and Bangkok and rose in Tokyo, Seoul and Shanghai. U.S. futures slipped and oil prices edged higher. China repo... Read the Full Story |
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Markets | | UBS reported Tuesday a $255 million pre-tax loss as the giant Swiss bank shed some 4,000 jobs globally, cut costs faster than expected, and reaped billions in asset inflows in the third quarter while moving forward with its government-orchestrated merger with rival Credit Suisse.The Zurich-based ban... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services. The company was founded in 2017 and is based in Houston, Texas. | View Today's Stock Pick |
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