Good MorningEquities continue to melt upward on better than expected earnings. Tuesday’s list of reports included strong results from Clorox and Rockwell Automation which also included a favorable outlook for earnings. The takeaway for investors and non-investors alike is that much of the earnings growth expected by the S&P 500 is due to inflation. The average S&P 500 company has engaged in multiple price hikes since the start of the year and more are on the way.
The FOMC is meeting today and will release the latest policy statement this afternoon. There is a high expectation the Fed will announce the start of taper and may also indicate a faster pace of tapering than what the market is expecting. With inflation apparently running rampant it is a wonder the FOMC has not already begun to taper.
Featured: Elon’s big $266,000 per second purchase (Ad) 
|
Markets | |
A common question: Should you pay off your mortgage before you retire?
A less common question: Should you retire, then pay off your mortgage?
If you've hemmed and hawed over the benefits of paying off your mortgage versus keeping it, you're not alone. In fact, you might whip back and forth betwe... Read the Full Story |
|
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 |
|
Retail/Wholesale | | Target (NYSE: TGT) has been forming a cup-shaped base since August 11, when it retreated from the a session high of $267.06.
It’s been trading in a tight sideways pattern since October 25, and may possibly form a handle below resistance at $261.80.
The current formation is a second-stage b... Read the Full Story |
|
Technology | |
Earnings Will Continue to Propel Paycom Stock Higher
There are many reasons that investors could look at Paycom (NYSE: PAYC) and think it’s better to stay away. PAYC stock is up 21% for the year which closely approximates the 24% gain in the S&P 500. However, the stock is up nearly 162... Read the Full Story |
|
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 |
|
Finance | |
Insider trading occurs across the capitalization spectrum and in just about every industry. Some of the most eye-opening activity takes place in the technology sector where higher volatility and a steady stream of initial public offerings (IPOs) produce a lot of activity.
Within the technology sp... Read the Full Story |
|
Technology | |
Rockwell Automation Surges On Record Orders
Rockwell Automation (NYSE: ROK) is a favorite of ours because we believe in the power of automation the company’s ability to generate growth. The company provides industrial automation and digital transformation assistance in a world that is 1) ac... Read the Full Story |
|
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. |
|
Markets | |
LCI Industries Gains Capped By Insider Sales
LCI Industries (NASDAQ: LCII) is one of the best-positioned companies in the market today. The company makes OEM and after-market parts for the RV and adjacent industries and demand for products is robust. Sales in the RV industry are going to top 30%... Read the Full Story |
|
Finance | |
Online financial services platforms are everywhere these days with LendingTree (NASDAQ: TREE) and LendingClub (NYSE: LC) two of the most popular. Like many other industries, consumer finance is shifting rapidly towards digital technology. This transformation along with expectations of rising inte... Read the Full Story |
|
Markets | | At first glance, Simon Property Group (NYSE: SPG) may not have delivered an earnings report worthy of my headline. Yet, SPG stock shot up 5% in the morning after releasing its earnings report after the market closed on November 1, 2021. A closer look reveals that this is not the same company that en... Read the Full Story |
|
Energy | |
Midstream Operator The Williams Companies Raises Guidance
The Williams Companies (NYSE: WMB) have proved the U.S. midstream operators are not only immune to the global supply chain issues but benefiting from higher prices as well. The company reported record volume and contracted capacity for th... Read the Full Story |
|
Retail/Wholesale | | Western apparel retailer Boot Barn (NYSE: BOOT) kicked up its heels last week, reporting fiscal second-quarter earnings of $1.22 per share, up 510% from the year-ago quarter.
Those earnings also trounced analysts' views of $0.94 per share
Revenue was $312.7 million, ahead of views calling for $289... Read the Full Story |
|
The Early Bird Stock Of The Day NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, Japan, Greater China, and internationally. The company's TTFields devices include Optune Gio and Optune Lua. It also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Saint Helier, Jersey. | | View Today's Stock Pick |
|
