- Stocks Telegraph
- Posts
- Jul 11 - NH - Morning Newsletter (with survey at top and bottom)
Jul 11 - NH - Morning Newsletter (with survey at top and bottom)
Early Market Insights: Boost Your Portfolio with Top Stocks
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!
Excitement fills the air as U.S. stock futures hold steady on Tuesday, following a triumphant turnaround that halted a three-day decline. All eyes are on the horizon as traders eagerly await the release of key inflation data later this week.While the S&P 500 futures show a slight dip, Nasdaq-100 futures confidently nudge higher by a mere 0.05%. Meanwhile, the Dow Jones Industrial Average futures, despite a 57-point drop, remain steadfast, ready for what lies ahead.Fresh off a positive session, the major averages revel in their recent gains. Just yesterday, the Dow Jones Industrial Average soared by an impressive 209.52 points, equivalent to a 0.62% surge, while the S&P 500 celebrated a solid 0.24% advance.Although the Nasdaq Composite experienced a more modest increase of 0.18%, the overall sentiment remains optimistic.Anticipation builds as the forthcoming release of the June consumer price index report on Wednesday and the June producer price index on Thursday promises to illuminate whether the decline in inflation has persisted. These crucial insights will not only shape the direction of interest rates but also set the stage for the Federal Reserve's upcoming July 25-26 meeting, where investors have already factored in a quarter-point increase. However, lingering uncertainty looms over the central bank's course of action at its September meeting, as last week's robust jobs data fueled concerns that policymakers may resume their rate hikes following the pause witnessed in June.
Five Top Summer Stocks to Buy and Hold Now
With the official start to summer is just days away, there's still time to load up on warmer-weather stocks. That includes your travel stocks, weight loss stocks, oil stocks, and even hurricane-related stocks, with storm-season kicking into high gear, too.
In fact, here are five with a history of moving every summer. Enjoy.
Sponsored
Today Top Movers
Better Therapeutics Inc. (BTTX) stock soared 50.56% to $1.355 in the pre-market trading after receiving FDA authorization for AspyreRx™ to treat adults with Type 2 Diabetes.
TC Biopharm (Holdings) Plc (NASDAQ: TCBP) shares are trading up 20.78% at $0.5399 at the time of writing after filing 6-K form with SEC.
NanoViricides Inc. (NNVC) grew over 20.57% at $1.7 in pre-market trading today. The company reported the strong effectiveness of its broad-spectrum antiviral clinical drug candidate NV-387 in an animal model of lethal lung infection with RSV.
CAVA Group, Inc. (CAVA) rose about 2.18% at $44.96 in pre-market trading Tuesday following the filing of SC 13G form with SEC.
Incredible Investment Opportunity - Get In On the Ground Floor
Opportunities to become an early investor in this little-known advertising platform in the past have been restricted to venture capitalists, accredited and institutional investors.
Access to early-stage companies with disruptive technology is no longer exclusive to venture capitalists & angel investors if companies get their offerings qualified under Regulation A+. Here's your shot today!
Sponsored
Top Upgrades & Downgrades
Wolfe Research turned bullish on Vale S.A. (VALE), upgrading the stock to Outperform and assigning a $17 price target, representing potential upside of 28.69% from Monday's close.
JPMorgan Chase & Co. (JPM) has won the favor of Jefferies' equity research team. The firm upgraded the shares from Hold to Buy and moved their price target to $165, suggesting 13.68% additional upside for the stock.
Everbridge Inc. (EVBG) received an upgrade from analysts at Needham, who also set their one-year price target on the stock to $35. They changed their rating on EVBG to Buy from Hold in a recently issued research note.
Earlier Tuesday Baird reduced its rating on VeriSign Inc. (VRSN) stock to Neutral from Outperform and assigned the price target to $245.
Jefferies analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Zions Bancorporation National Association (ZION) has been changed to Hold from Buy and the new price target is set at $30.
Analysts at Morgan Stanley downgraded Toyota Motor Corporation (TM)'s stock to Equal-Weight from Overweight Tuesday.
Invest in the supermaterial of the future.
One company has developed a proprietary method to produce graphene, a material set to revolutionize industry. They've developed a proprietary method to produce it, and are scaling up commercial production.
Sponsored
Latest Insider Activity
Tesla Inc. (TSLA) Chief Financial Officer Kirkhorn Zachary announced the sale of shares taking place on Jul 05 at $278.70 for some 3,750 shares. The total came to more than $1.05 million.
Amazon.com Inc. (AMZN) CEO Amazon Web Services Selipsky Adam sold on Jul 07 a total 500 shares at $129.74 on average. The insider’s sale generated proceeds of almost $64868.0.
Armada Hoffler Properties Inc. (AHH) President of Construction Apperson Eric E. declared the purchase of shares taking place on Jul 06 at $11.77 for some 1,201 shares. The transaction amount was around $14136.0.
The Joint Corp. (JYNT) 10% Owner Bandera Partners LLC bought on Jul 07 a total 4,413 shares at $13.08 on average. The purchase cost the insider an estimated $57,722.
Take Advantage Of The Healing Market With Options Trading
Though the market has begun its shaky progress forward, stock prices could still take years to fully rebound, as could your returns…
Expert Wendy Kirkland's new free guide to options trading will help you leverage all of the market conditions we'll encounter in the coming years into thousands of possible extra income each month.
Sponsored
Important Earnings
Top US earnings releases include Byrna Technologies Inc. (NASDAQ: BYRN). It will announce its May 2023 financial results. The company is expected to report earnings of $0.01 per share from revenues of $12M in the three-month period.
Analysts expect Theratechnologies Inc. (NASDAQ:THTX) to report a net income (adjusted) of -$0.1 per share, when the company releases its quarterly results tomorrow. Revenue for the fiscal quarter ended Feb 2023 is predicted to come in at $20.32M.
AngioDynamics Inc. (ANGO), due to announce earnings before the market opens tomorrow, is expected to report earnings of $0.02 per share from revenues of $90.73M recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.