This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

In this edition, mining and mining commodities; what's ahead for auto dealers; and an analyst transfer for Arkema; and JD Logistics, Papa John's, and General Mills.

This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

In this edition, we explore the state of US auto market; margin of safety erased in US equity market rally; growing pains and growth in US equity market; and EOG Resources, Alnylam, and Pembina.

This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

After four consecutive alarmingly high Nasdaq One-Week Sell/Buy Ratios, data from Vickers Stock Research this week brings a calmer reading. Still, at 3.37, the Nasdaq ratio remains higher than the NYSE ratio at 2.91, this on a scale where readings above 2.50 are bearish. Nevertheless, this data this week represents a sharp decline from the readings in recent weeks, when the Nasdaq One-Week Sell/Buy Ratio reached a peak of 9.80 in the week of January 22, making the current weekly reading the lowest (least glaringly bearish) result since late December.

This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

Will the Fed spook the markets with their next call on interest rates this week? As well, the calendar flips to November -- so the October jobs report is equally (if not more) important news. Finally, investors face the ongoing release of earnings. Last week, the Dow Jones Industrial Average was down 2.1%, the S&P 500 shed 2.5%, and the Nasdaq lost 2.6%. Year-to-date, the DJIA is now down 2%, the S&P 500 is up 7%, and the Nasdaq is higher by 21%.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

The growth prospects for the artificial intelligence (AI) universe are impressive, yet hard to determine. Argus has derived a model of the size and scope of the global AI industry, based on our coverage of the major publicly-traded players and most of the mid-tier players, along with our industry analysts' knowledge of private players. We estimate the global AI industry amounted to about $90-$100 billion in 2021, and expect it to grow at a 40% CAGR through 2030, when it is expected to reach $1.8 trillion in annual revenue. We expect annual growth to decelerate from the low- to mid-40% range in immediate years to the mid-30% range for years toward the end of the survey period. But determining a realistic estimate for the size of the industry is a challenge. Even for an industry that promises to redefine measuring tools, there is no measurable unit of AI output comparable to barrels of oil or tons of steel. As well, much of AI development occurs within labs and at universities, and the output is measured in tangible progress against objectives, not dollars or units of output. In the corporate world, nearly all the AI pure-play companies service micro-niches, have little measurable revenue, and are deeply unprofitable. For our list this week, we take a big picture view of three areas where AI applications are developing. In Big Tech, we believe much of the revenue and most of the profitability from AI is attributable to several giant U.S. and a few international companies that operate primarily in growth sectors such as Technology, Communication Services, and Consumer Discretionary. Next, we note that China is also a hub of AI development, with companies like Alibaba, Baidu, and Tencent (though Argus follows only Alibaba). Finally, Niche Tech has significant AI activity among companies pursuing advances in IoT, vehicle electrification, autonomous driving, automation and connectivity solutions for manufacturing, warehousing, construction, and other areas. Here are featured companies followed by Argus in those three categories.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

In this edition, Value to be found in travel sphere; UAW strike looms at least at Sellantis; citrus sours Costa's near-term outlook; and BAE Systems, Ardent Leisure Group, and Intuit.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

Stocks rose on Thursday morning, led by strong gains in the Communication Services, Consumer Discretionary, and Technology sectors after a wide range of earnings reports. The gains came a day after an expected 25-basis-point rate hike by the Federal Reserve. Fed Chair Jerome Powell also said that an additional rate hike was possible in September. The Dow rose 0.1%, the S&P 0.5%, and the Nasdaq 1.1%. Crude oil rose nearly 2% to $80 per barrel, while gold fell sharply to $1945 per ounce.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

In this edition, the United Auto Workers are likely to hit the brakes; interest in green hydrogen is rising; oil prices are falling, and gas prices aren't, and Nike, Bayer, and Sanofi.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Monday Tee Up: The Fed, Jobs, Earnings

In this edition, global oil inventories face future; feeling the internet's backbone; and initiating coverage of Qualys; and Lithium Americas, Bausch & Lomb and Macy's.

In this edition, railroads may be in for a bumpy ride; ESG has some opportunities; biotechs innovate; and Constellation Brands, Autodesk, and Tencent.

In this edition, railroads may be in for a bumpy ride; ESG has some opportunities; biotechs innovate; and Constellation Brands, Autodesk, and Tencent.

Stocks were mixed on Friday morning after a much better-than-expected jobs report raised prospects for additional Fed rate hikes. The Labor Department reported that the U.S. economy added 517,000 payroll jobs in January, up from 260,000 in December and well above the Reuters consensus forecast of 185,000. The official unemployment rate ticked down to 3.4% from 3.5% in December. The Dow rose 0.2%, the S&P fell 0.1%, and the Nasdaq rose 0.1%. Crude oil fell 1% to $75 per barrel, while gold dropped more than 2% to $1880 per ounce.

Stocks extended their Fed-driven rally on Thursday, led by strong gains in the Communication Services, Consumer Discretionary, and Technology sectors. Meta Platforms jumped 23%, despite disappointing 4Q earnings, as investors focused on the company's better-than-expected revenue, cost-cutting efforts, and new share buyback plan. On the employment front, first-time claims for state unemployment benefits fell by 3,000 to 183,000 for the week ended January 28, below the Reuters consensus forecast of 200,000. The data came ahead of the government's January employment report on Friday morning. The consensus estimate calls for 185,000 new payroll jobs, down from 223,000 in December, and an unemployment rate of 3.6%, up from 3.5% a month earlier. The Dow fell 0.11%, the S&P rose 1.47%, and the Nasdaq soared 3.25%. Crude oil traded near $76 per barrel, while gold fell $16 to $1927 per ounce.

In this edition, Precision Ag Will Affect Input Costs and Crop Yields, Chip Wars Create Openings, Decentralized Trials Boom in Pandemic, and Kohl's, Farfetch, and General Motors

Monday Tee Up: The Fed, Jobs, Earnings Roll On

In this edition, Big-Box Retailers' big Outlooks, Inflation Reduction Act's Winners and Losers, Initiating Coverage on BYD, and General Motors, Kohl's, and Tapestry.

Stocks rose on Thursday morning after paring early losses. GDP data was weaker than expected. The Commerce Department reported that the U.S. economy contracted at a 0.9% annualized rate in 2Q, below the Bloomberg consensus, which had called for a gain of 0.4%. The second straight quarterly decline in GDP, after a 1.6% drop in 1Q, met a common definition of recession. The Dow rose 0.7%, the S&P 0.8%, and the Nasdaq 0.6%. Crude oil rose 1% to $98 per barrel, while gold fell 2% to $1752 per ounce.

We are witnessing some historic market data, which "eventually" should be good. Tuesday was actually a win for technicians, as the indices closed far off their lows as details of the Fed's pending rate decision drew near. The Wall Street Journal ran an article that said 75-basis-point increases are back on the table (which was denied by the Fed not long ago). At its low on the day, the S&P 500 was down to 3,706, a little more than a one-percent loss. That was the lowest level for the index since January of 2021.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Stocks were mixed on Monday morning following Friday's massive selloff, as investors awaited the Fed's policy statement on Wednesday and a likely 50-basis-point rate hike. Manufacturing data disappointed. The Institute for Supply Management said that its U.S. factory index fell to 55.4 in April, down from 57.1 in March and below the Reuters consensus forecast of 57.6. The reading was the lowest since July 2020. The Dow fell 0.3%, the S&P fell 0.3%, and the Nasdaq rose 0.2%. Crude oil fell slightly to $104 per barrel, while gold traded near $1868 per ounce.

The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Stocks fluctuated on Wednesday morning following new employment data and earnings reports from a range of major companies. Payroll provider ADP said that U.S. private sector jobs fell by 301,000 in January, down from an increase of 776,000 in December. The reading was below the consensus forecast, which called for the addition of 180,000 jobs, and was the first decline since December 2020. Alphabet shares rose more than 6% after the company posted better-than-expected 4Q sales and earnings and announced a 20-for-1 stock split. The Dow fell 0.1%, the S&P rose 0.3%, and the Nasdaq was flat. Crude oil traded near $88 per barrel, while gold rose $8 to $1809 per ounce.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

Stocks rose on Thursday morning, despite a weaker-than-expected GDP report, as investors continued to focus on strong third-quarter earnings. The Commerce Department said that U.S. GDP rose at a 2.0% annualized rate in 3Q, the weakest reading since 2Q20 and below the Reuters consensus forecast of 2.7% growth. The Dow rose 0.5%, the S&P 0.8%, and the Nasdaq 1.2%. Crude oil fell to $82 per barrel, while gold traded near $1800 per ounce.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

Intermediate-term market breadth continues to flop around like a fish out of water and we are monitoring it carefully. In general, longer-term measures of breadth remain supportive of higher stock prices. All of the following breadth data is as of the 9/24 close.

This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

This edition features our second-quarter outlook on China; California's labor ruling; COVID-19 vaccine approval; and notes from Salesforce, First Solar, and GM.