Good MorningEquities pulled back a little on Thursday as traders and investors braced for what could be a very hot CPI reading. The index is released today and is expected to show another year-over-year increase in consumer-level inflation that is well above the 2.0% mark. The data will influence the FOMC at their meeting next week and could result in a much faster than expected taper. More importantly, the data will shed new light on when the first FOMC rate hike will come and we think that will be in early Spring at the latest.
Next week we’ll get a slew of data including housing, retail sales, and the Producer Price Index which is also expected to show hot inflation. With earnings on the back burner, the inflation data and FOMC meeting are what will influence trading for the week.
Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | |
Insiders Sell, Institutions Buy Costco In 2021
If you are wondering if the insiders have been selling Costco (NASDAQ: COST) the answer is yes. Insiders have made 15 transactions over the past 12 months, all sales, totaling $17.7 million on proceeds. If you are wondering if these sales are having ... 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 | |
The 10% drop in GameStop (NYSE: GME) shares during Thursday’s session should tell you everything you need to know about their Q3 earnings report, which was released on Wednesday night. A healthy beat on the video game store’s topline revenue couldn’t mask what was by any measure ... Read the Full Story |
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Retail/Wholesale | |
Arhaus Executes Successfully Amid Challenges
We highlighted Arhaus (NASDAQ: ARHS) a few weeks ago as a recently IPO'd stock that deserved a spot on your nice list. The company operates as a higher-end retailer of home furnishings and decor and its business appears to be well-supported. Now, afte... 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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Consumer Staples | | RH Confirms Support For Home Improvement Is Strong
We’ve been waiting to see a short-squeeze in RH (NYSE: RH) since the last earnings report and low and beyond it is finally here. The stock is up more than 9% on a strong earnings report but there is a caveat for traders. There is clearly stil... Read the Full Story |
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Consumer Discretionary | | Pop culture toymaker Funko Pop (NASDAQ: FNKO) stock has made a dramatic recovery in early 2021 but has sold off just as dramatically into year-end as the collectors market cools off. The versatile, vertically integrated maker of its unique pop dolls has seen its stock rise with the popularity of com... 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 | | Mid-cap techs Tenable (NASDAQ: TENB), Rapid7 (NASDAQ: RPD) , and Qualys (NASDAQ: QLYS) are all forming potentially constructive consolidations below recent price highs.
Mid-cap stocks are an often-overlooked asset class. As the name suggests, mid-caps fall between small- and large-cap stocks. Thes... Read the Full Story |
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Manufacturing | |
Under The Radar Growth Names Offering Plenty of Upside
With so many companies to choose from in the stock market, it’s a shame that the financial media tends to heavily focus on just a few well-known names. While it's easy to understand why juggernaut stocks like Apple and Tesla continuousl... Read the Full Story |
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Markets | |
From the rise of the retail investor to high-frequency algorithmic trading, there have been several powerful stock market developments the last couple of years. One thing, however, has stayed the same—the basic return components of an equity investment strategy, growth and income.
Growth al... Read the Full Story |
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Markets | |
How the heck is it already the end of 2021? Kind of like going on autopilot on your drive home from the grocery store, you may be looking back right now and wondering how you got here.
Do you have some financial regrets from this year? Maybe you bought a motorcycle that now just sits in the gara... Read the Full Story |
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Retail/Wholesale | |
Solo Brands Outpaces Consensus, Guides Higher
It was only a few weeks ago that we called out Solo Brands (NYSE: DTC) as a recent IPO that looked good to buy in December. After perusing the Q3 earnings report that time could be now. The report includes not only stronger-than-expected revenue but ... Read the Full Story |
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The Early Bird Stock Of The Day AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio includes residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. AG Mortgage Investment Trust, Inc. was incorporated in 2011 and is based in New York, New York. | | View Today's Stock Pick |
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