Good MorningEquity markets tanked on Monday as renewed fear of a U.S. recession rippled through the market. The fear was caused by Friday's NFP report, which wasn't bad but showed deterioration in job gains and employment, suggesting the FOMC waited too long to cut rates. The risk with the data is that because labor data lags behind economic reality, the situation is actually much worse than indicated, and a recession is unavoidable.
How far can the S&P 500 fall? A long way. After two years of rallying, the index is overextended and is more than 40% above its trend line. The market will unlikely shave 40% of its value, but it could extend the sell-off by another 5% to 10% before it is through. Among the potential outcomes is that the index reverts back to its 2022-2023 trading range, where it will remain indefinitely. Featured: Trading options? Avoid this mistake (WealthPress) 
|
Stocks | | | The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged 12.4% on Monday and markets in Europe and North America suffered outsized losses as traders sold stocks to help cover rising risks from investm... Read the Full Story |
|
From Our PartnersOver the past 40 years, Apple’s been at the forefront of tech with their computers, iPods, iTunes, iPhones and iPads.
But the company seems poised to make an even bigger bet on artificial intelligence while it trades at all-time highs over $200.
Most traders will wait for the price to dip before trying to sell higher…
While others will simply short it as many believe the company’s overvalued.
But there’s a THIRD way to trade Apple that most traders will miss. | | | | You can target doubles on the ticker by trading it with a unique “wrap order.” |
|
Stocks | | | A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987.The S&P 500 climbed 1% to break a brutal three-day losing streak. It had tumbled a bit more than 6% on a raft of concerns,... Read the Full Story |
|
Markets | | |
When investors think of the most common ways to profit from investing in stocks, they think of the classic "buy low and sell high" method, which creates a taxable event through capital gains. Some investors with larger amounts to invest would also look for a stock that pays them an income through ... Read the Full Story |
|
From Our PartnersYou'll never see "Made in China" on a drone again. America is leading the charge in re-shoring this vital niche of national defense. After securing a key partnership with the Air Force and Border Patrol, this tiny company is set to dominate the market. | | | | Here's why Wall Street expects a double... |
|
Markets | | |
Most investors, retail and professional, no matter where they are located in the world or what they invest in, tend to believe that the United States stock market operates in a vacuum. This couldn't be further from the fundamental truth, and investors would benefit from remembering that the stock ... Read the Full Story |
|
Markets | | |
Arm Holdings (NASDAQ: ARM) stock plummeted on its fiscal Q1 2025 earnings results as investors were treated to a nasty dose of reality concerning the artificial intelligence (AI) boom. The company designs, develops, and licenses semiconductor architectures. It doesn’t manufacture or p... Read the Full Story |
|
From Our PartnersWelcome to a year of unparalleled opportunities! Dive into our exclusive guide, "9 Stocks Set to Soar," meticulously selected to elevate your portfolio in 2024. Step into 2024 with confidence and the right assets at your fingertips. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time. | | | | [Unlock Your Report Now] |
|
Markets | | | Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday.The S&P 500 and Nasdaq each rose 1.3% in morning trading and were on track to break a brutal three-day losing streak. The S&P... Read the Full Story |
|
Markets | | | Saudi oil giant Aramco reported half-year profits Tuesday of $56.3 billion, down from the year before amid worries about a slowing global economy. Aramco, formally known as the Saudi Arabian Oil Co., said its overall revenue for the half-year was $220.7 billion, up from $218.6 billion the year befor... Read the Full Story |
|
Markets | | |
Casual dining restaurant operator Texas Roadhouse Inc. (NASDAQ: TXRH) is an anomaly among dine-in restaurants. It continues to post impressive results, as evidenced by its solid Q2 2024 earnings report. The steakhouse-style restaurant chain continues to impress with its consistent growth metrics... Read the Full Story |
|
Markets | | |
Tyson Foods Inc. (NYSE: TSN) may have picked a bad day to report good earnings. However, on a day when the market is in a full sell-off mode, TSN stock is a green shoot. In early trading, the stock is up more than 2%. That increases its 5-day increase to nearly 5% and is pushing the stock close ... Read the Full Story |
|
Markets | | | Japan’s benchmark Nikkei 225 share index soared as much as 10.7% early Tuesday, a day after it plunged the most in 37 years. The index gave up some of those gains as it wavered throughout the day but closed 10.2% higher at 34,675.46. Other Asian markets also were higher after sharp losses on Wall St... Read the Full Story |
|
Tuesday's Early Bird Stock Of The Day Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments. The company offers commercial and small business banking services to small- and medium-sized businesses, such as commercial, industrial, and owner-occupied lending and leasing; municipal and public finance services; depository account and cash management services; commercial and small business cards; merchant processing services; corporate trust services; and correspondent banking and international lending services. It also provides capital markets and investment banking services, including loan syndications, foreign exchange services, interest rate derivatives, fixed income securities underwriting, advisory and capital raising, commercial mortgage-backed security conduit lending, and power and project financing; and commercial real estate lending services consisting of term and construction/land development financing for commercial and residential purposes. In addition, the company offers retail banking services comprising residential mortgages, home equity lines of credit, personal lines of credit, installment consumer loans, depository account services, consumer cards, and personal trust services; and wealth management services consisting of investment management, fiduciary and estate, and advanced business succession and estate planning services. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah. | | View Today's Stock Pick |
|
