All right. Hey, good afternoon everyone. I'm Charles Payne and this is Making Money.All right. You know, I think it was Drake who said a week ago it was all okay. Well, maybe not.So, right. There were already cracks and and sort of the veneer, if you will. The market though did hold on three occasions.When I got it on, be honest. I thought we would come into the session and they would be down. Uh, but the problem has been the the internal.So, right now, we finally broke through under that 50-day moving aver ...

Technical Analysis - Albemarle (ALB) has reached a key level of support and recently crossed above the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average is a useful tool for short-term traders as it smooths out price trends and provides more trend reversal signals compared to longer-term moving averages [2] Earnings Estimates - Positive earnings estimate revisions support the bullish case for ALB, with no estimates decreasing in the past two months and six estimates increasing, leading to a rise in the consensus estimate [3] Performance Metrics - Over the past four weeks, ALB has gained 14.8%, and it is currently ranked Zacks Rank 3 (Hold), suggesting potential for further upward movement [4]

Technical Analysis - Hecla Mining (HL) has reached a significant support level and is considered a good pick for investors from a technical perspective [1] - HL recently broke through the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is favored by traders as it smooths out price fluctuations and can show more trend reversal signals compared to longer-term moving averages [1][2] Earnings Estimates - The bullish case for HL is strengthened by positive earnings estimate revisions, with no estimates decreasing in the past two months and two estimates increasing [3] - The consensus estimate for HL has also increased, suggesting potential for further gains [3] Performance Metrics - Over the past four weeks, HL has gained 18.6%, indicating strong recent performance [4] - The company currently holds a Zacks Rank 3 (Hold), suggesting that the stock could continue to move higher [4]

Core Viewpoint - Teladoc (TDOC) is showing potential for short-term gains as it has crossed above the 20-day moving average, indicating a bullish trend [1][4]. Technical Analysis - TDOC has reached a key level of support and has been moving higher over the past four weeks, with an increase of 13.5% [1][4]. - The 20-day simple moving average is a significant indicator for short-term traders, as it smooths out price trends and provides more signals for trend reversals compared to longer-term averages [1][2]. Earnings Estimates - The company currently holds a Zacks Rank 1 (Strong Buy), suggesting a favorable outlook for continued price increases [4]. - In the past two months, no earnings estimates for TDOC have been lowered, while one estimate has been raised, contributing to a positive consensus estimate for the current fiscal year [4][5].

Core Viewpoint - StepStone Group Inc. (STEP) has reached a significant support level and shows potential for investors from a technical perspective, having recently broken through the 20-day moving average, indicating a short-term bullish trend [1]. Technical Analysis - The 20-day simple moving average (SMA) is a widely used investing tool that helps smooth out price fluctuations and provides insight into short-term price trends. A stock trading above the 20-day SMA indicates a positive trend, while falling below it may signal a downward trend [2]. - STEP has rallied 7.6% over the past four weeks, suggesting a potential for further upward movement [4]. Earnings Estimates - STEP is currently rated as Zacks Rank 3 (Hold), indicating a neutral outlook. However, the combination of recent positive earnings estimate revisions strengthens the bullish case for the stock. There has been one upward revision for the current fiscal year with no downward revisions, and the consensus estimate has also increased [4][5]. Investment Outlook - Given the favorable combination of earnings estimate revisions and the technical breakout at a key level, investors are encouraged to monitor STEP for potential gains in the near future [5].

Market Overview - The US and China are experiencing escalating tensions, with recent sanctions imposed by China on a US shipbuilding company, which they consider a security risk [5][6] - The US is also implementing shipping fees, with exceptions for ships made in China [6] - Market reactions include a strong day for the S&P 500, recovering some losses from previous drops, but uncertainty remains regarding future movements [3][4] Earnings Reports - JP Morgan Chase reported revenues of $47.12 billion, exceeding expectations of $45.4 billion, with adjusted earnings per share at $5.7, surpassing the forecast of $4.84 [9][10] - Trading revenue for JP Morgan reached a record $8.9 billion, benefiting from market volatility and favorable trade policies [10] - Wells Fargo's Q3 net income was $5.59 billion, or $1.66 per share, beating expectations of $1.55 per share, although net interest income slightly missed at $11.95 billion against a forecast of $12.01 billion [14][15] - Wells Fargo's non-interest income increased by 9.3% year-over-year, and they are involved in M&A activities, advising on a $72 billion acquisition [16][17] Market Sentiment and Technical Analysis - The market is closely monitoring US-China relations, which may overshadow bank earnings in terms of investor focus [18] - Key resistance levels for the S&P 500 are identified at 6,665, with support at 6,550, and the VIX indicates a potential move of around 1.3% [19][20] - Technical traders are advised to watch the 20-day moving average as a critical indicator for market direction [20]

Core Viewpoint - Urban Outfitters (URBN) is showing potential for a bullish trend as it has recently reached a key support level and surpassed the 20-day moving average, indicating positive short-term momentum [1]. Technical Analysis - URBN has recently overtaken the 20-day simple moving average, which is a significant indicator for short-term traders as it smooths out price trends and provides more signals for trend reversals compared to longer-term averages [2]. - A stock price above the 20-day moving average is considered a positive trend, while a price below it signals a downward trend [2]. Earnings Estimates - There have been five upward revisions for URBN's earnings estimates for the current fiscal year, with no downward revisions, leading to an increase in the consensus estimate [3]. - This trend in earnings estimate revisions supports the bullish outlook for URBN, suggesting potential for further gains in the near future [3]. Performance Metrics - Over the past four weeks, URBN has experienced a gain of 9.2%, indicating strong recent performance [4]. - The company currently holds a Zacks Rank of 2 (Buy), which is another strong indicator that the stock may continue to rise [4].

Technical Analysis - Coeur Mining (CDE) has reached an important support level and surpassed resistance at the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average is a popular tool among traders, providing insights into short-term price trends and trend reversals [1][2] Earnings Estimates - Positive earnings estimate revisions for CDE strengthen the bullish case, with no lowered estimates in the past two months and three raised estimates for the current fiscal year [3] - The consensus earnings estimate for CDE has also increased, suggesting potential for further gains [3] Stock Performance - CDE shares have increased by 42.5% over the past four weeks, indicating strong upward momentum [4] - The company currently holds a Zacks Rank 3 (Hold), suggesting the potential for continued stock price appreciation [4]

Group 1 - Burlington Stores (BURL) has reached a key level of support and crossed above the 20-day moving average, indicating a short-term bullish trend [1][4] - The stock has moved 10.5% higher over the last four weeks, suggesting potential for further gains [4] - There have been two upward revisions in earnings estimates for the current fiscal year, with no downward revisions, which supports the bullish outlook [4][5] Group 2 - The 20-day simple moving average is a popular tool among traders, smoothing out short-term price trends and providing trend reversal signals [2] - A stock price above the 20-day moving average indicates a positive trend, while a price below suggests a downward trend [2]