Good MorningThe market gyrations continued on Wednesday with Tuesday’s losers moving higher and winners moving lower. The big story is rotation. The market is rotating out of growth and into value but a big question remains unanswered; what will happen to the S&P 500 over the next few months. With the number of new COVID cases rising daily, it appears we are on the brink of the darkest days of the pandemic. Economic restrictions have already resumed, there is another widespread shutdown the S&P 500 could easily retest the March lows.
The silver lining is the economy. The economy is rebounding much stronger than anticipated and now sustaining itself. A massive drawdown of inventory has the U.S. on the brink of a major manufacturing rebound that will last for years to come. That is compounded by what one analyst called a Golden Age for Homebuilders that promises jobs, jobs, and more jobs.
Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | | A Buying Op In Advanced Auto Parts
It’s been a full quarter since I last reviewed Advanced Auto Parts (NYSE:AAP) and the situation is only more attractive. At the time, I saw the stock on the verge of a breakout and urged investors to wait for a pullback before buying. While the fundamental ... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Markets | |
There's a school of thought that says job cuts are good for a company's share price because it demonstrates that the company is willing to make the “tough calls” to improve the bottom line. If that's the case, then AT&T (NYSE:T) should be in line for some big gains of its own as th... Read the Full Story |
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Consumer Staples | | Food and beverage maker Campbell Soup Company (NYSE: CPB) shares have been in decline since peaking out at height of the pandemic as the food stockpiling phenomenon surged demand. Shares appear to be setting up for a breakdown underperforming the benchmark S&P 500 index (NYSEARCA: SPY). The adve... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Consumer Staples | | If It’s A Rotation They Want, Here’s Where The Value Is
The new buzzword on Wall Street is rotation, rotation, rotation. The market (at least in the minds of the mainstream media) is rotating out of growth and big-tech into value. Oddly enough, this is something I’ve been saying f... Read the Full Story |
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Markets | | A Great Company But Rockwell Automation Is No Value
The stock market has entered a great rotation from growth to value and in that light, Rockwell Automation (NYSE:ROK) is a sell. Trading between 25X and 30X forward earnings it’s highly valued relative to the broad market making it a target f... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Markets | |
It seems like things are moving faster than ever in financial markets. After equity markets made a huge move up last week, we received even more bullish news that sent stocks soaring to reach new all-time highs during Monday’s trading session. Pfizer (NYSE:PFE) announced that early data from... Read the Full Story |
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Auto/Tires/Trucks | | Workhorse Group Is About To Melt-Up
The Biden victory is a positive for the EV industry. His renewables-friendly platform will help not only the Workhorse Group but the entire EV market. Within that sphere, however, Workhorse Group is emerging as a leader not only in EV but in a very lucrative nich... Read the Full Story |
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Technology | |
The ride-hailing industry got some seriously needed good news on election night. In a surprise vote, California’s Proposition 22 which allows ride-hailing services such as Lyft (NASDAQ:LYFT) to qualify its drivers as independent contractors was passed. Not surprisingly, Lyft stock gapped up ... Read the Full Story |
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Medical | | There’s Little Not To Like About CVS Health Corporation
Shares of CVS Health Corporation (NYSE:CVS) have been struggling to maintain their value over the past few years but that is about to change. The merger with Aetna is well-completed at this point in the game and the outlook for earnings ... Read the Full Story |
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Auto/Tires/Trucks | |
Over the last week, we have seen some truly remarkable moves in China-based companies that produce and manufacture electric vehicles. With flurries of analyst upgrades, solid delivery numbers, and lots of bullish sentiment about the potential of the Chinese EV industry, these supercharged stocks a... Read the Full Story |
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The Early Bird Stock Of The Day Hilltop Holdings Inc. provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance. It also provides treasury management, asset management, check cards, safe deposit boxes, online banking, bill pay, and overdraft privilege services; and estate planning, management and administration, investment portfolio management, employee benefit accounts, and individual retirement accounts services, as well as automated teller machines. The Broker-Dealer segment offers public finance services that assist public entities in originating, syndicating, and distributing securities of municipalities and political subdivisions; specialized advisory and investment banking services; advice and guidance to arbitrage rebate compliance, portfolio management, and local government investment pool administration; advisory services and products for derivatives and commodities; agricultural insurance; and sells, trades in, and underwrites U.S. government and government agency bonds, corporate bonds, and municipal bonds; mortgage-backed, asset-backed, and commercial mortgage-backed securities and structured products; and provides asset and liability management advisory, clearing, retail, and securities lending services. The Mortgage Origination segment offers fixed and adjustable rate mortgages, jumbo, new construction, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture loans. Hilltop Holdings Inc. was incorporated in 1998 and is based in Dallas, Texas. | | View Today's Stock Pick |
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