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Diane King Hall turns to Wednesday's early movers by highlighting a pair of upgrades in Dollar Tree (DLTR), though neither signal a concrete bullish stance. The same applies to a Goldman Sachs upgrade in RH (RH). Diane then discusses Mag 7 movers in Meta Platforms (META) as it plans to launch “super sensing” AI glasses.
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Despite rising oil prices and geopolitical tensions in the Strait of Hormuz, Talley Leger remains firmly in "buy the dip" mode. He argues that steady economic growth, moderating inflation, and earnings growth should keep the bull market intact, with cyclical sectors offering opportunities beyond technology.
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Ben McMillan discusses the broadening of the market, saying it's actively repricing and inflation will grow higher in the months to come. He talks about the outlook for crypto noting that it had rough year due to the AI trade. Ben also touches on future predictions amid the renewed U.S.- Iran conflict.
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Futures moved off lows after the U.S. made retaliation strikes against Iran following an attack on commercial vessels in the Strait of Hormuz. Kevin Hincks urges investors to brace for an "unsteady" trading session as crude oil prices creep higher. It also makes Kevin Warsh's job as Fed Chair more difficult with inflation once again becoming a larger concern.
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Levi Strauss (LEVI) shares recently tapped highs not seen since January 2022, but as Rick Ducat points out, bulls recently struggled to break above a key resistance level. He walks investors through his technical analysis in Levi ahead of earnings and offers an example options trade for the staple clothing brand.
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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The base case for a bull run and crude oil prices coming down center on the Strait of Hormuz staying open, says Kevin Mahn. Both are at risk with tensions flaring up once again between the U.S. and Iran. Kevin also outlines headwinds on the interest rate front, pointing out a lack of cohesion on FOMC members and their forward expectations. On equities, he explains why he believes his firm's "AIR 7" that includes names like Nvidia (NVDA), Alphabet (GOOGL), and Micron (MU) have outperformed the Mag 7.
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Verizon (VZ) shares made a massive jump higher a few months ago, only to retrace that move since Alphabet (GOOGL) replaced the legacy telecommunications company in the Dow Jones Industrial Average ($DJI). Ben Watson with Charles Schwab highlights key levels both bears and bulls are watching in the stock.
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President Trump says the ceasefire between the U.S. and Iran is over after Iranian forces struck multiple vessels in the Strait of Hormuz. Tom White takes investors through the latest headlines and the pressure they brought to markets ahead of Wednesday's trading session. Also on his watchlist: Apple (AAPL) and Broadcom (AVGO) after the Big Tech giants signed a $30 billion deal. Tom then talks about international news on reports China may restrict global access to AI models.
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Marley Kayden discusses oil as tensions with the U.S. and Iran grow. Sam Vadas examines the latest widening in the U.S. trade deficit and what it could mean for the economy.
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The tech sector struggled after Samsung’s profit was not enough to impress investors and SpaceX (SPCX) officially joined the Nasdaq 100 (NDX) yet somehow finished the day lower. Meanwhile, Amazon (AMZN) will attempt to raise at least $25 billion through U.S. bond offering.
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