Good MorningEquity markets pulled back on Thursday, signaling a market top. The S&P 500 may continue to pull back in the coming week, but the decline will likely be shallow and short-lived because earnings will continue to grow. Comments from Fed chief Jerome Powell were among the day's catalysts, indicating a cautious approach to interest rate policy over the coming months. The market wants a faster pace of interest rate reduction, but the flip side is that economic health remains solid and sufficient to sustain higher prices, which is good news for S&P 500 companies.
Next week, earnings reports will come from several retailers, including Walmart, Target, and Lowe's. The trio will likely report mixed results, with Walmart growing, Target lagging, and Lowe's impacted by consumer headwinds. The outlook for the current quarter, which is the all-important holiday shopping quarter critical for most retailers, will drive their share prices and the next move in the S&P 500. Featured: TRUMP WON: Buy gold NOW? (GoldCo Precious Metals) 
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Some stocks seem under the radar in some of the most underrated sectors in the market, such as retail stocks, in a world where technology stocks and artificial intelligence are all the hype. One success story in the restaurant industry is Chipotle Mexican Grill Inc. (NYSE: CMG), after the stock co... Read the Full Story |
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Stocks | | | Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower.In Tokyo, the Nikkei 225 index was up 0.8% at 38,842.13 as the yen continued dropping against the U.S. dollar, fueli... Read the Full Story |
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Stocks | | | Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further. U.S. futures and oil prices were lower.In Tokyo, the Nikkei 225 index gained 0.3% to 38,642.91. The yen has been weakening against the U.S. dollar, boostin... Read the Full Story |
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Markets | | | Investing in growth companies is a strategy that has paid off well over many years. Since 2009, growth stocks have broadly outperformed value stocks. The Russell 1000 Growth Index has returned nearly 1,200% since 2009, while the Russell 1000 Value Index has returned over 500%. However, even when inv... Read the Full Story |
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Anyone watching the Occidental Petroleum (NYSE: OXY) market will know that Warren Buffett has driven the price action. Fundamental qualities aside, Berkshire Hathaway's (NYSE: BRK.A) stock purchases began in early 2022, coinciding with an updraft in share prices, and have supported the stock numer... Read the Full Story |
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Markets | | | Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next Read the Full Story |
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As controversial and emotionally charged as Iger’s return was for the market, it is a move paying off for investors at Walt Disney (NYSE: DIS). His return keeps the company on track to sustain long-term growth, healthy cash flows, and increasing capital returns while delivering value to... Read the Full Story |
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When thinking about innovative companies that are trying fervently to stay ahead of the competition, research and development (R&D) spending is a key indicator of this ethos. Often quoted as a percentage of revenue, R&D spending is a driving force for many companies, especially those in th... Read the Full Story |
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Markets | | | Japan’s economy eked out an annual rate of 0.9% growth in the July-September period as consumer spending held up, government data showed Friday.The world’s fourth-largest economy grew 0.2% in the fiscal second quarter, marking the second straight quarter of expansion, following 0.5% growth in April-... Read the Full Story |
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Stocks | | | The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb.The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a year ago, when the rate averaged 7.4%.Borrowing costs on 15-year fixed-rate mortgages, ... Read the Full Story |
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Friday's Early Bird Stock Of The Day EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names. The Retail Wireless segment provides prepaid and postpaid wireless services under the Boost Mobile, Boost postpaid, and Gen Mobile brands, as well various wireless devices. The Network Deployment segment deploys a facilities-based 5G broadband network and commercializes deployment of 5G VoNR. The Broadband and Satellite Services offers broadband services to consumer customers, which include home, and small to medium-sized businesses; and satellite and multi-transport technologies, and managed network services to telecommunications providers, aeronautical service providers, civilian and defense government entities, and other enterprise customers. EchoStar Corporation was incorporated in 2007 and is headquartered in Englewood, Colorado. | | View Today's Stock Pick |
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