Good MorningEquity markets retreated on Thursday ahead of today's NFP report. The report is expected to show resilience in the labor market, with jobs increasing by 150,000 and unemployment holding steady at 4.2%. The risk is that solid albeit cooler-than-earlier-in-the-year data will dampen the Fed's appetite for rate cuts, which have been robustly forecasted. The expectation ahead of the report is for another 50 basis points by the end of the year and 100 basis points or more by the end of next. A slower pace isn't bad but will impact the outlook for earnings and raise the risk of a recession.
The Q3 earnings reporting cycle begins next week, providing another reason to expect increased volatility. The season starts on Friday with reports from several major banks, including JPMorgan Chase & Company. JPMorgan has already warned its interest income will fall short and may provide a disappointing report. However, the critical data will concern the retail banking segments, consumer health, and credit loss provisions. Featured: 24/7 Automated Profits in Crypto (Crypto Swap Profits) |
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Once the darling of the entire stock market, NVIDIA Co. (NASDAQ: NVDA) is now raising some suspicion as to whether this stock is now in correction territory or whether bulls are only consolidating before coming in with the next wave of aggressive buying. Investors can know this by looking at the c... Read the Full Story |
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Everybody loves finding a bargain or getting a good deal, and it's no different when it comes to stocks. One of the most popular technical indicators for helping investors find these is the Relative Strength Index (RSI).
Every stock has one. It works by considering a stock's recent performa... Read the Full Story |
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Joby Aviation’s (NYSE: JOBY) technology has been again validated. The latest news is a follow-on investment from Toyota Motor (NYSE: TM), one of the company's earliest investors and a long-time proponent of personal air capability. The new deal will more than double Toyota’s investment... Read the Full Story |
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From Our PartnersOver the last 5 years Roger Scott has done some pretty incredible things…
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Markets | | U.S. stocks rallied Friday after a surprisingly strong report on the U.S. job market raised optimism about the economy. The S&P 500 climbed 0.9% and got close to its all-time high set on Monday. The Dow Jones Industrial Average rose 341 points, or 0.8%, to set its own record, while the Nasdaq co... Read the Full Story |
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Markets | | Mutual funds might sound like old-fashioned assets, but they’re still prevalent and valuable in today’s investment landscape. If you want instant diversification in a 401(k) account, you’ll likely choose from a selection of mutual funds covering different sectors, strategies or tim... Read the Full Story |
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From Our PartnersA few weeks ago, I asked my research team to investigate the top 10 best-performing stocks of the last 30 years.
And the results will shock you! | | Seven Stocks to buy and Hold Forever |
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Markets | | Crude prices jumped Thursday on worries that worsening tensions in the Middle East could disrupt the global flow of oil, while U.S. stocks pulled back further from their records.The S&P 500 fell 0.2% amid a shaky week that’s knocked the index off its all-time high set on Monday. The Dow Jones In... Read the Full Story |
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Markets | | Much like those annoying political TV ads, the warnings come back every four years: All the uncertainty around the U.S. presidential election could have big consequences for your 401(k)!Such warnings can raise anxiety, but remember: If your 401(k) is like many retirement savers’, with most invested ... Read the Full Story |
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Markets | | Shares of Humana tumbled Wednesday after the health insurer said a Medicare Advantage quality rating drop will hurt future bonus payments the company receives.The insurer said the share of its customers currently enrolled in plans rated four stars or higher for 2025 is down to 25% from 94% this year... Read the Full Story |
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Markets | | America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy Read the Full Story |
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The Federal Reserve's September meeting brought about a 50-basis-point cut to the federal funds rate, the first time the rate has been lowered since 2020. This provides immediate relief to customers looking to take out a mortgage to buy a home and businesses interested in securing a loan to fund t... Read the Full Story |
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Friday's Early Bird Stock Of The Day New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York. | View Today's Stock Pick |
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