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Stock Market News and Commentary

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Tue, Jul 2nd, 2024
Is This Copper Mining Stock a Buy for Its Fat Dividend?

Southern Copper has a higher dividend yield compared to other copper mining companies. However, its valuations are also on the higher side, making a closer examination of the risk-reward necessary for...

RIO : 66.01 (-0.60%)
BHP : 57.75 (+0.07%)
HGU24 : 4.4305 (+0.26%)
HGX24 : 4.4325s (-0.02%)
FCX : 48.71 (+0.62%)
SCCO : 109.94 (+1.20%)
Stocks Post Moderate Gains as Powell Says Inflation is Receding

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.01%. Stock indexes Tuesday...

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-150 (unch)
TSLA : 231.26 (+10.20%)
PARA : 10.72 (+5.72%)
ON : 72.92 (+5.41%)
AMD : 164.31 (+4.20%)
SMCI : 837.17 (+3.06%)
Constellation Software Exec Sells $75 Million in Shares Ahead of Tax Hike

Constellation saw a surge in insider selling in June, driven by a senior executive’s move to unload C$102.6 million ($75 million) of shares ahead of a hike to the nation’s capital-gains tax. Mark Miller,...

CSU : 33.54 (-2.09%)
SHOP : 66.06 (+2.21%)
What to Expect From Verizon's Next Quarterly Earnings Report

Verizon is set to unveil its Q2 earnings this month, and analysts project a single-digit profit dip.

VZ : 41.10 (-1.53%)
$SPX : 5,509.01 (+0.62%)
IYZ : 21.76 (+0.09%)
Earnings Preview: What to Expect From BlackRock's Report

BlackRock's second-quarter earnings will be unveiled next week, and analysts project a mid-single-digit bottom-line growth.

BLK : 789.13 (+0.88%)
$SPX : 5,509.01 (+0.62%)
IYF : 95.66 (+0.84%)
Wells Fargo’s Quarterly Earnings Preview: What You Need to Know

Wells Fargo is expected to release its second-quarter earnings next week, and analysts project a marginal profit dip.

WFC : 60.97 (+0.63%)
$SPX : 5,509.01 (+0.62%)
IYG : 66.15 (+1.14%)
Buy This Stock to Bet on a Textbook Retail Turnaround

Ever since Richard Dickson took over as CEO in August 2023, the Gap’s results have looked like a textbook retail company recovery - sales have improved, margins expanded, and all of its brands gained...

GPS : 23.00 (-1.16%)
MAT : 16.25 (+0.18%)
NKE : 76.04 (-1.03%)
LULU : 301.67 (-0.23%)
ANF : 183.36 (-0.67%)
1 'Strong Buy' Russell 2000 Stock With 188% Upside Potential

As a part of the annual Russell Index reconstitution, this ‘Strong Buy’-rated penny stock is one of the new entrants to the Russell 2000 Index.

ADCT : 3.48 (-5.43%)
$SPX : 5,509.01 (+0.62%)
MRSN : 1.8600 (-5.58%)
Riding the Wave: ($TSLA)’s Impressive Rally and What’s Coming Next

Hello everyone! In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Tesla Inc. (TSLA) . The rally from 6.11.2024 low at $167.40 unfolded as 5 waves impulse....

TSLA : 231.26 (+10.20%)
Forget AMC, Buy This Entertainment Stock Instead

As AMC Entertainment's shares continue to spiral downward, here is another entertainment stock that investors could consider adding to their portfolios.

CNK : 21.42 (-0.70%)
AMC : 5.21 (+3.37%)
$SPX : 5,509.01 (+0.62%)

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The Buffett Indicator (total value of all publicly-traded stocks/GDP) is approaching an all-time high and significantly higher than during the Dot Com Bubble and the Global Financial Crisis https://t.co/6f4BNTbaNP
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80% of global central banks are expected to cut rates by the end of the year. Will the Federal Reserve be one of them? 🤔 https://t.co/WN4CRdOPFS
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S&P 500 $SPX closes above 5,500 for the first time in history https://t.co/ANFcXPHyuz
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Tesla $TSLA 2.5 year downtrend being tested https://t.co/O1x9PPbUOy
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Solana $SOL still going due to ETF speculation https://t.co/wZUCljWCJx
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Will Walgreens $WBA be joining these pillars of industry soon? 😂 https://t.co/XkDbYRmw3Z
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Chinese Yuan keeps falling against the U.S. Dollar. Now at its lowest level since November. https://t.co/vNPJZ1PblR
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Apple $AAPL jumps to all-time high 🚨 https://t.co/99Iiat2M0m
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Stock Market Fear & Greed hits highest level since May 29 🥳🍾🫡 https://t.co/imxs9CJmNE

Chart of the Day

Amazon.com Inc (AMZN)

The Chart of the Day belongs to the e-commerce company Amazon.com (AMZN) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature...
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