Good MorningEquities fell again on Tuesday on the combined influence of the Omicron COVID variant and remarks from Jerome Powell. Mr. Powell, FOMC Chairman, says the committee will begin talking about an accelerated taper despite the rising threat of the new COVID variant. The news is not altogether surprising given the state of inflation but was unexpected in the face of the new threat. Ultimately, if the Omicron variant does cause disruptions in the global economy, it would likely result in higher inflation due to tightening supply in the face of high demand.
Today’s trading will be focused on the ADP report and the NFP report that is due on Friday. The ADP and NFP are expected to show upwards of half a million new jobs created in November and the figure could be much hotter. Regardless, employment and labor conditions are another cause for inflation and that situation isn’t expected to change significantly.
Featured: The case for trading fewer setups, not more (Ad) 
|
Technology | |
Salesforce.com Falls On Weak Guidance, Slowing Growth
Salesforce.com (NYSE: CRM) is one of the best-positioned tech company’s working on the Internet today. The company is not only the leader but the very creator of Customer Relationship Management and is still growing at a high double-dig... Read the Full Story |
|
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 |
|
Technology | | For a company that couldn’t seem to stop rallying last year, 2021 has been death by a thousand cuts for Zoom Video (NASDAQ: ZM). Shares of the video conferencing company hit their all-time highs in October of 2020, right around when COVID vaccines started being approved, and they’ve fall... Read the Full Story |
|
Markets | | Small-cap Haynes International (NASDAQ: HAYN) is finding support near its 50-day moving average after slipping from a November 9 high of $47.08.
The Indiana company produces high-performance cobalt and nickel alloys in various forms, including sheet, coil, and plate. Haynes’ products are dep... Read the Full Story |
|
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 |
|
Retail/Wholesale | |
As the stock market adage goes, a rising tide lifts all boats. As we’ve learned in recent days, unfortunately, the opposite is also true.
Newfound concerns around the latest coronavirus variant have created broad-based weakness in U.S. equities. Early pandemic winners and vaccine plays have... Read the Full Story |
|
Technology | | Online travel agency (OTA) MakeMyTrip (NASDAQ: MMYT) stock is attempting to coil on the continuing spread of COVID-19 vaccinations. The rapidly growing Indian market travel platform was a pandemic loser transformed into a benefactor of the reopening. COVID-19 vaccinations has been the driver for con... Read the Full Story |
|
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 |
|
Transportation | | Trucking company Saia (NASDAQ: SAIA) is forming a potentially constructive area of consolidation below a November 17 high of $358.33.
The Georgia-based company specializes in multi-regional less-than-truckload shipping. It also provides expediting and logistics services, as well as “non-asse... Read the Full Story |
|
Technology | |
Insider Selling In Ambarella Slacks Off Before Q3 Earnings
Insider activity in shares of Ambarella (NASDAQ: AMBA) is hinting at higher prices not because of buying but because selling has slacked off. Insiders have or had been making regular sales across the broad spectrum of holders all year bu... Read the Full Story |
|
Markets | |
I'm getting a little panicky because I haven't bought a single thing for the holidays… Are you in the same boat?
But maybe that's okay, because that means I'll spend less. At any rate, it's important to remember that once I do hit the internet (and the mall), I'll need to remember a few po... Read the Full Story |
|
Technology | |
The Metaverse is Here to Stay
Imagine an interactive world that combines multiple elements of technology such as virtual reality, augmented reality, and video to offer users a truly unforgettable experience. This is the main concept behind the metaverse, which is a topic that has certainly gotten... Read the Full Story |
|
Consumer Staples | |
Church & Dwight Co., Inc Is A Buy On Market Weakness
We’ve liked Church & Dwight (NYSE: CHD) for its slow, steady growth and reliable dividend and now we like it even more. The company just announced a new deal that already has the analysts warming up and we see this driving share p... Read the Full Story |
|
The Early Bird Stock Of The Day Dun & Bradstreet Holdings, Inc. engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors. The company was founded on August 8, 2018, and is headquartered in Jacksonville, FL. | | View Today's Stock Pick |
|
