Good MorningEquities slipped on Tuesday leaving the S&P 500 down about a half percent at the low of the day. The question now is whether this move foreshadows a deeper correction or if it is the start of consolidation. If the market is able to hold these new highs for a few days the odds the market will continue moving higher will increase.
Tuesday’s decline, however, was sparked by hot inflation data and there is an additional risk this week. The PPI data came in as expected but accelerated from the previous month and points to higher consumer prices down the road. The CPI is due out today and could confirm the market’s worst fears; consumer-level inflation is running unchecked. If this situation continues to run unchecked revenue and earnings growth among S&P 500 companies will come to a grinding halt. Featured: The case for trading fewer setups, not more (Ad) 
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Medical | |
High-Yield Dividend Aristocrat Cardinal Health Is A Steal
We’ve liked Cardinal Health (NYSE: CAH) for a long time. The company is a middleman for pharmacy and medical products of all manner and well-positioned in an industry growing in both patient count and dollar spent per patient. The d... 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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Technology | | IT specialist Globant (NYSE: GLOB) advanced 30.64% in the past month as it zipped past a buy point above $323.79 and just kept rallying. The stock closed Tuesday at $354.44, up $6.51, or 1.87% in the session.
Luxembourg-based Globant develops platforms that it calls “digital journeys.” ... Read the Full Story |
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Markets | |
Popular mobile investing platform Robinhood is known for its lively features and boisterous fan base. Some of the biggest booms and busts that get touted on social media wind up in the Robinhood brokerage accounts.
As the Millennial-friendly brokerage has gathered its loyal following it has also ... 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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Markets | | Customer engagement platform provider Twilio (NASDAQ: TWLO) stock has bestowed a buying opportunity on its recent earnings report triggered collapse. The Q4 2021 guidance was mixed with raised revenues but lowered earnings per shares estimates. The Company is growing organically as it launches its n... Read the Full Story |
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Markets | |
Have you had years of trouble getting motivated to save for retirement? If so, it's completely understandable. Saving for retirement can seem overly arduous and confusing. So what's the best way to dig in and make sure you'll accomplish what you've always wanted to do all along?
Let's take a lo... 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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Technology | |
Focus on Quality With These 3 Standouts in the Software Space
The software industry is arguably one of the most high-growth areas of the tech sector, which is likely why so many investors are interested in finding the next big winner there. Getting into the right name at the right time can mean p... Read the Full Story |
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Markets | |
Zynga Is Growing, But Growth Is Slowing
Zynga (NASDAQ: ZNGA) reported a good quarter but not quite good enough to really get shares moving. The company is growing but growth appears to be slowing and beginning to be eclipsed by the new kid on the block. Roblox (NYSE: RBLX), the current king of t... Read the Full Story |
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Auto/Tires/Trucks | | Global auto parts maker Stand Motor Products (NYSE: SMP) stock has been on a tear as the demand for automobiles is stripping supply. The leading maker of automotive replacement parts is experiencing accelerated growth due to the post-pandemic reopening, global chip supply shortage leading to a short... Read the Full Story |
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Consumer Staples | |
Profit will remain elusive, but the larger question is consumer acceptance
Normally the first items I would look at in an earnings report are the top line and bottom line results. And I’m not saying that investors should ignore those numbers when Beyond Meat (NASDAQ:BYND) reports after the ... Read the Full Story |
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Construction | |
D.R.Horton Beats And Sets Guidance For 2022
D.R.Horton (NYSE: DHI) exceeded all expectations and that is saying something, we’ve had high expectations for the company and the industry for some time. The housing industry is in a golden age only marred by a shortage of workers and rising cost... Read the Full Story |
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The Early Bird Stock Of The Day Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey. | | View Today's Stock Pick |
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