Good MorningEquities were mostly steady on Monday to start the week. The S&P 500 advanced less than 0.25% to set a new all-time high in the process. Traders are focused on earnings and the economy with the October reads of CPI and PPI due out this week. Both the CPI and PPI are expected to accelerate on a month-to-month basis, the question is by how much.
With the FOMC already set to begin tapering, a hotter than expected number will move up the timeline for interest rate hikes as well. The CME Fed watch tool is expecting at least one interest rate hike by June 2022, if inflation continues to rise unabated that could easily become May or even April. The takeaway for investors is that, as bad as rising rates are, it will be quite some time before interest rates put a cap on economic growth. Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | |
Leisure Stocks - The World Is About To Go On Vacation
With international travel restrictions lifting around the globe demand for travel and leisure services is on the rise. Today we’re highlighting two stocks the analysts are upgrading that we see moving higher. In our view, travel and lei... 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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Consumer Discretionary | | Lawnmower and equipment maker The Toro Company (NYSE: TTC) stock is providing a nice seasonal pullback after peaking in the spring. The iconic maker of lawnmowers and landscaping equipment is taking a deep pullback after peaking at $115.24 in April. The Company is undergoing a transformation toward... Read the Full Story |
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Markets | |
If you have a variable income and think you'll zip up to another tax bracket or if you've made just that much more this year, you may end up paying a boatload at tax time.
It's very easy to not take the time to understand how taxes work, particularly if you take all your documents to your accoun... 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 | | Global digital marketplace platform eBay (NASDAQ: EBAY) stock shares sold off on fears of slowing growth from its Q3 2021 earnings report. The Company is seeing growth in its authenticated luxury and collectibles segment showing double digit growth. However, global buyers saw a contraction as seller... Read the Full Story |
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Retail/Wholesale | |
Retailers were among the hardest hit companies at the onset of the pandemic. Those that endured prolonged store closures and lacked a strong online presence fared the worst.
Fast forward 18 months and the retail sector is thriving. Stores have reopened, customer traffic has returned, and the Amer... 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 | |
Puttery Expansion To Push Drive Shack Higher
The pandemic put a tailwind into the golfing industry and Drive Shack (NYSE: DS) but that’s not what has us excited now. The company recently launched a new concept called Puttery that we see driving this company to new highs. The Puttery concep... Read the Full Story |
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Retail/Wholesale | |
Supply Chain No Problem For Canada Goose
Shares of Canada Goose (NYSE: GOOS) are migrating higher in the wake of Q2 earnings because the company was able to deliver results. Not only that, the company is citing its supply chain as a factor that is not the norm in this reporting cycle. The best n... Read the Full Story |
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Consumer Discretionary | |
Keep DraftKing’s Q3 Performance In Perspective
Shares of DraftKings (NASDAQ: DKNG) took a big hit last week when the company reported earnings but it is a classic knee-jerk reaction to some news that we see opening up a buying opportunity. The company missed the consensus estimates by a ver... Read the Full Story |
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Auto/Tires/Trucks | |
Big three U.S. automaker General Motors (NYSE: GM) stock is rebounding despite concerns of the global chip shortage. The behemoth is also further migrating towards electric vehicles (EV) and electric charging solutions as evidenced by the recent post-earnings conference call. The Company missed to... Read the Full Story |
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Industrials | | Heavy machinery maker Caterpillar (NYSE: CAT) stock has been selling off after peaking in April 2021. The Company has been a major benefactor of the post-pandemic reopening representing construction and infrastructure demand. However, investors may feel the best times are in the rearview mirror as i... Read the Full Story |
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The Early Bird Stock Of The Day Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients. It also provides property management services comprising building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management, and construction management; and project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management, and strategic project consulting. In addition, the company offers corporate and workplace solutions; occupier; workplace strategy; property marketing services; transaction brokerage services, including sales and leasing for corporations, financial institutions, pension funds, sovereign wealth funds, insurance companies, governments, and individuals; and capital markets services for property sales, debt finance, mortgage investment banking services, as well as landlord and tenant representation services. Further, the company provides investment management services that consists of asset management and investor advisory services. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada. | | View Today's Stock Pick |
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