Good MorningEquities were mostly flat on Monday with traders on alert for this week’s round of economic data. Top of the list is the Retail Sales figure due out today but there are several reports of interest. Retail sales are expected to accelerate to 1.5% from last month’s 0.7% but still trail the 6.2% increase in consumer prices as indicated by the CPI data.
Later this week, traders will be on the watch for reads on housing starts and building permits as well as the Index of Leading Indicators. All three data points are expected to accelerate from the previous month as well and could move the market. The risk for traders is that supply chain hurdles and lack of materials could cut into economic activity. If so, the outlook for earnings in the 4th quarter could begin to deteriorate.
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Retail/Wholesale | |
Advance Auto Parts Exceeds Expectations For Growth
Advance Auto Parts (NYSE: AAP) isn’t a high-yielding stock or even that close to becoming a Dividend Aristocrat but there is a story here we think dividend-growth investors will be interested in. The company has been working hard over the ... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Auto/Tires/Trucks | | One of the biggest reasons why investing is so exciting is the fact that there is no shortage of newly public companies to choose from. These debuts are always intriguing since no one knows how the market will actually value the shares after the stock starts trading. With that said, there are plenty... Read the Full Story |
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Technology | |
Progress Software (NASDAQ: PRGS), which is on the cusp between small- and mid-cap, is getting support at its 10-day line following a 15% gap higher after its last earnings report.
The Bedford, Massachusetts company specializes in software development and deployment platforms for business applica... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Markets | |
Much like the holiday season, when earnings season rolls around things can get a little crazy. A steady flow of quarterly reports brings a mix of jubilant cheer and anguished stress.
Third-quarter earnings season hasn’t been any different. Most companies have exceeded expectations while oth... Read the Full Story |
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Consumer Staples | |
Tyson Foods Beats Top And Bottom Line With Higher Prices
As surprising as it may sound, Tyson Foods (NYSE: TSN) may be a hedge against the rising tide of consumer inflation. Call it a stretch, but the company is part of the infrastructure of American food and thereby qualifies as a real asset, a... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Transportation | |
Insiders And Institutions Are Buying FreightCar America, Inc.
Insider buying in FreightCar America, Inc (NASDAQ: RAIL) marked a bottom in share prices late last year and now the institutions are helping to drive share prices higher. Insider activity has been non-existent since the last round of... Read the Full Story |
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Retail/Wholesale | |
Rivian Automotive’s (NASDAQ: RIVN) hugely successful IPO last week is generating plenty of headlines and attention, despite the company being pre-revenue, but don’t overlook smaller new companies like Dutch Bros (NYSE: BROS) or Trinity Capital (NASDAQ: TRIN).
There are also several 2... Read the Full Story |
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Technology | |
Both companies will play a role in building out an electric vehicle charging network, but which stock is best to own now?
Investors are looking at 2022 and positioning their portfolios to capture what is setting up to be a big year for electric vehicle (EV) stocks. One reason for that enthusiasm... Read the Full Story |
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Consumer Discretionary | |
Risk-tolerant investors can look at HOFV stock as an under-the-radar penny stock play
Earlier this summer, I suggested that Hall of Fame Resort & Entertainment Co. (NASDAQ: HOFV) was a speculative stock worth considering. After the company’s third-quarter earnings report, I stand by th... Read the Full Story |
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Medical | |
Studying insider trades is one of the most popular ways to devise an investment strategy. Valuable clues can be gleaned from the buying and selling activity of corporate executives and influential institutions.
Insider trades can be analyzed from several angles. Some investors like to focus on th... Read the Full Story |
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The Early Bird Stock Of The Day Stantec Inc. provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions. The company also provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. In addition, it offers planning and design services to clients in residential, logistics, retail, infrastructure, energy, higher education, and urban regeneration sectors; architectural and interior design, and planning services in the science and technology, commercial workplace, higher education, residential, and hospitality markets. Further, the company provides transportation advisory, transport engineering, and technical design; project delivery consultancy services for mining, resources, and industrial infrastructure projects; paleontological and archaeological services for the rail, transportation, water, and power and energy sectors; and environmental and cultural resource compliance services. Additionally, it offers consulting services in sustainable building design, energy infrastructure upgrades, sustainable district heating network, and e-mobility; and planning, design, construction administration, commissioning, maintenance, decommissioning, and remediation services. The company was formerly known as Stanley Technology Group Inc. and changed its name to Stantec Inc. in October 1998. Stantec Inc. was founded in 1954 and is headquartered in Edmonton, Canada. | | View Today's Stock Pick |
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