The 3 Most Crucial Sectors We Need to Watch Right Now
The major indexes rose Friday morning as investors continued monitoring the debt ceiling negotiations while Wall Street looks to lock in a winning week. According to recent comments from House Speaker Kevin McCarthy, a deal regarding the debt ceiling could be reached...
Interest Rates Are in Focus as Investors Fear No Rate Hike Pause in Sight
The market stumbled Thursday morning as investors kept watch on the debt ceiling discussion and the Federal Reserve’s next move. Despite hopes that interest rate hikes will soon pause, Dallas Fed President Lorie Logan said recent economic data doesn’t support a...
On Target — What TGT’s Earnings Report Says About Consumers
Before we get to today’s stock market outlook, I want to let you know I’m going live at 11 a.m. ET on today’s Roundtable With Don Yocham alongside Celeste Lindman and Garrett Baldwin. We’ll talk about the looming debt ceiling’s drop dead date, regional banks,...
Back at it Again — Warren Buffett Is Buying Bank Stocks
The market stumbled on a dismal forecast from Home Depot and Tuesday afternoon's looming debt ceiling meeting. Home improvement retailer The Home Depot Inc. (NYSE: HD) missed on revenue expectations and cut full-year guidance, causing shares to fall 4.4%. The latest...
My Top Opportunities With All Eyes on the Debt Ceiling, Regional Banks
The markets are flat to start the week as investors await news of a debt ceiling deal. “I’m hopeful. I think the negotiations are very active,” Treasury Secretary Janet Yellen said of avoiding a default. “I’m told they have found some areas of agreement.” Meanwhile,...
These 3 Auto Stocks Are Turning Bearish
Before we get to today’s stock market outlook video, I wanted to let you know that I’m going live at 11 a.m. ET today, May 12, in my VIP Champion Trade Room! I’ll talk about market action, scan for opportunities and answer your questions, so I hope to see you there!...