Good MorningSummer is officially over, and equity markets will look to begin the week on a fresh footing. After rallying all summer, the question is if the S&P 500 can continue to rally this fall. Based on the outlook for oil prices, inflation, and the Fed, the market is heading for a ceiling regardless of how high it is. This week, items of interest on the economic calendar include the Fed's Beige Book and speeches from at least 6 Fed members. Hence, the odds are high that volatility will be present this week whether the market moves higher or lower.
The Vix is the market's preeminent tool for gauging fear. The VIX index fell to the lowest levels since 2020 last week, indicating the market is less fearful than it has been in years. This indicates the stock market could rally but discounts several upcoming catalysts. Among them are the August read on CPI and the September FOMC meeting, about 2 weeks away. Another hot read of inflation could lead the market to believe what the Fed's been hinting at all summer: another rate hike is coming in 2023. Featured: AI Stocks to Buy Right Now (Weiss Ratings) 
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If you're interested in the developing world of artificial intelligence, you've undoubtedly heard of human-like chatbot ChatGPT.
Created by AI research firm OpenAI, ChatGPT is an advanced AI language model that can understand and generate human-like text based on input. But OpenAI isn&rsquo... Read the Full Story |
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From Our PartnersThe Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price. | | | | Get all the details here >>> |
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Markets | | | The automotive industry tends to be a very saturated place for consumers, with endless choices of brands and models; spoiled for choice, they can balance their selection between their needs. Today, investors face a similar dynamic when choosing the right automotive stock to buy potentially. However,... Read the Full Story |
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The second quarter of the 2023 earnings season has drawn to a close. There were many surprises in every sector. However, there were some standout surprises with upcoming catalysts to watch. These 2 stocks have been under the radar and surprised with exceptional earnings blowouts that exceeded EPS ... Read the Full Story |
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CrowdStrike Holdings Inc. (NASDAQ: CRWD) is within striking distance of the stock’s best levels since November.
Is the stock ready to stage a new rally after lagging the S&P 500 tech sector on a one-month and three-month basis, and is CrowdStrike’s uptick a good omen for oth... Read the Full Story |
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Stocks | | | A choppy day of trading on Wall Street ended Friday with slight gains for stocks, as the market notched its second straight winning week.The market got a boost early on from a closely watched government report that showed U.S. job growth increased at a healthy, but more moderate pace last month. The... Read the Full Story |
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From Our PartnersMeet the brothers who transformed themselves into Wall Street fintech experts.
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Markets | | | Stocks were higher in Europe and Asia on Monday following a report that signaled the US jobs market, while still healthy, shows some signs of cooling, raising hopes for an easing of interest rate hikes. Germany's DAX advanced 0.7% to 15,949.69 and the CAC 40 in Paris picked up 0.8% to 7,354.96. In L... Read the Full Story |
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It wasn’t so long ago that Wedbush analyst Dan Ives lavished praise on Palantir Technologies Inc. (NYSE: PLTR), waxing ecstatic over the company’s future as an undiscovered AI play, adding the company is on track to monetize what’s potentially a trillion-dollar opportunity.
In m... Read the Full Story |
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Markets | | | America's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed. Last month's job growth marked an increase from July's revised gain of 157,000 but still pointed to a moderating pace of hiring co... Read the Full Story |
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Markets | | | Some employees in government offices in Nigeria walked off their jobs in protest of the growing cost of living due to the removal of gas subsidies, threatening to “shut down” Africa’s largest economy if their demands for improved welfare are not met Read the Full Story |
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Markets | | | The Federal Reserve has reached a delicate stage in its fight against inflation.Its policymakers have raised their key interest rate to about 5.4%, its highest level in 22 years, to try to slow borrowing and spending and cool inflation pressures. They now are considering whether to raise the rate ev... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The ISG segment provides modern and traditional storage solutions, including all-flash arrays, scale-out file, object platforms, hyper-converged infrastructure, and software-defined storage; and general-purpose and AI-optimized servers. This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; software and peripherals; and consulting, support, and deployment services. The CSG segment provides desktops, workstations, and notebooks; displays, docking stations, keyboards, mice, webcam, and audio devices; and third-party software and peripherals, as well as configuration, support and deployment, and extended warranty services. It is involved in cybersecurity technology-driven security solutions to prevent security breaches, detect malicious activity, respond rapidly when a security breach occurs, and identify emerging threats; originating, collecting, and servicing customer financing arrangements; and the resale of VMware products and services. The company serves enterprises, public institutions, and small and medium-sized businesses through its direct sales channel, value-added resellers, system integrators, distributors, and retailers. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas. | | View Today's Stock Pick |
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