Good MorningEquity markets hovered near break-even on Friday after rebounding from recent lows in the previous session. The move came despite a shockingly low non-farm payrolls figure that raises serious questions about the future of S&P 500 earnings. With the number of job openings at record levels and growing, there is no way for businesses to meet their revenue and earnings targets. Worse, the longer some of these jobs go unfilled the greater the damage to the global supply chain.
This week investors will be turning their attention to the earnings season and specifically the big banks. All of the big banks are slotted to report earnings this week and there is a high expectation for earnings growth and capital returns to shareholders. If the banks fail to meet the consensus estimates it could spell trouble for the index at large. The true peak of the earnings season will begin the following week.
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Markets | |
How much do you job hop? Whether you're dissatisfied by potential opportunities with a particular job, don't enjoy the cultural fit of a company or simply don't like the work, it can affect both your short- and long-term savings. You might think, "Well, of course!" The
The number of companies pe... Read the Full Story |
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From Our Partners | | In May, Anthropic raised money at a $965 billion valuation. Now, ahead of its IPO, investors are reportedly discussing a valuation of $1.8 to $2 trillion. That’s roughly double in about five months. And not one ordinary investor got to own a share of it.
That’s how these mega-IPOs work. The biggest gains happen privately, before the public is allowed in. By the time you can buy, the price already assumes almost everything goes right.
So I’m not chasing the IPO. I’m watching where the private investors who already doubled their money put their winnings next. | | See me #1 pick for the Claude IPO. |
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Consumer Discretionary | |
Thor Industries Isn't The Only RV Stock On The Market
Thor Industries (NYSE: THO) bucked the general third-quarter earnings cycle trend by delivering a very strong earnings report. The company not only reported revenue growth but revenue growth above expectations, strong margins despite secular h... Read the Full Story |
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Markets | |
If you’re looking for a place to park some money in the healthcare industry and can handle above-average risk, Accolade and Allogene Therapeutics is well worth the look.
No Applause for Accolade Results
Accolade (NASDAQ: ACCD) is a disruptor in the field of managed healthcare offering emp... Read the Full Story |
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From Our Partners | | One small fund tied to artificial intelligence stocks delivered $1,051 in a single month, not through selling shares or trading options, but simply by holding the fund and letting it pay out cash every Thursday.
That works out to a 34% annualized distribution rate, even though the underlying AI stocks pay no dividends themselves.
Tim Plaehn, Chief Income Strategist at Investors Alley, breaks down exactly how the fund generates these weekly payouts. | | Watch the free presentation to see how the payouts work |
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Consumer Discretionary | |
U.S. based luxury electric vehicle (EV) maker Lucid Motors (NASDAQ: LCID) stock has seen a resurgence as it ups the delivery date for its Dream EV to the end of October 2021. Shares collapsed to a low of $16.12 on the first lock-up expiration on Sept. 1, 2021 on dilution fears for the former speci... Read the Full Story |
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Materials | | Steel producer Cleveland Cliffs (NYSE: CLF) stock has been down trending in recent weeks despite record top-line growth and global steel demand post-pandemic. A continued pullback can provide prudent investors with a bargain entry opportunity especially ahead of the infrastructure bill. The global d... Read the Full Story |
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From Our Partners | | Marc Chaikin, the 60 year Wall Street veteran whose Chaikin Money Flow indicator sits on every Bloomberg terminal, says a new micro cluster AI technology could render today's data centers, including Elon Musk's Colossus in Tennessee, obsolete for major breakthroughs.
These next generation centers use 99 percent less space, electricity and water, yet Chaikin's research shows they could be more than a trillion times more powerful than the top data center on earth today, potentially cutting AI breakthrough timelines from five years to five days. | | See Chaikin's full research and the company name here |
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Technology | | Shares of Napco Securities Technologies (NASDAQ: NSSC) are trading in a choppy fashion below their September 15 high of $45.48.
The stock jumped nearly 16% higher on September 13, following the company's fourth-quarter earnings report. Trading volume was nearly triple the average that day.
Napco i... Read the Full Story |
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Technology | |
Li-Cycle (NYSE: LICY) isn’t your ordinary electric vehicle play. It’s not an auto manufacturer or a charging station company. It’s not even a lithium miner or an EV battery maker. We’re getting closer though.
With the world speeding toward the electrification of transporta... Read the Full Story |
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Consumer Discretionary | |
Helen of Troy Is Ready To March Higher
Shares of Helen of Troy (NASDAQ: HELE) are up more than 5% after the company revealed it dodged a bullet. The EPA took offense at some packaging late last year and that impacted the company's operations. Not only were sales impacted but higher costs were inc... Read the Full Story |
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Consumer Discretionary | | After a soft end to Q3 that saw the major indices dip as much as 5% through September, equities bounced back hard in yesterday’s session with many stocks gapping up on the open. A gap up as it’s known is a particularly bullish signal that often coincides with the start of a trend reversa... Read the Full Story |
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Consumer Discretionary | |
Levi's Demonstrates The Power Of Brand
Levi's (NYSE: LEVI) survived the pandemic because of the strength of its brand, its direct-to-consumer business, and specifically e-commerce. The Q3 results prove the power of its brand is still working and have the stock set up to retest the recently set hi... Read the Full Story |
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The Early Bird Stock Of The Day Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for various beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. The company sells its products through its direct sales force. Amcor plc was incorporated in 2018 and is headquartered in Zurich, Switzerland. | | View Today's Stock Pick |
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