Good MorningInflation is the dominant theme on Wall Street today. While COVID-19 issues linger, it is inflation that poses the most risk to the market. Last week, the PPI figure came in much hotter than expected at the headline, core, and YOY levels pointing to another increase in CPI down the road. With CPI already running well above 2.0% for going on 10 months, it is no wonder the FOMC finally decided to act. The risk for the market now is that inflation will continue to run hot for the next 2 - 3 months and force the FOMC to accelerate its timeline again.
This week will be all about the Santa Claus Rally and whether or not it will come. Traditionally the time between Christmas and New Year, the Santa Claus rally is never a foregone conclusion. What traders need to remember this week is that it is a holiday week, trading volume will be very light, and any move the market makes is subject to reversal at the drop of a hat. Featured: The oil check Munger called his best deal (Ad) 
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Technology | |
Insiders Sell Adobe Ahead Of Earnings
Insiders were selling Adobe (NASDAQ: ADBE) ahead of the Q4 earnings report but it is nothing to be worried about. The selling amounts to a mere $97.75 million, less than 0.03% of the current market cap, and there are no red flags to speak of. Not only were s... Read the Full Story |
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Communication Services | | Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock is reflecting the slowdown in its legacy operations and domestic channels. The resurgence of the omicron COVID-19 variant could have repercussions in its parks and cruise business. The reopening trend has been played and peaked ... Read the Full Story |
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Markets | |
Does the upcoming new year have you rethinking your life and priorities? If so, you're not the only one.
The pandemic has caused many individuals to make decisions about their values and often analyze and change their values. Roughly two million more people unexpectedly retired during the pandem... Read the Full Story |
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From Our Partners | | Marc Chaikin, a 60-year Wall Street veteran, built a hypothetical basket of five AI stocks that averaged 137.3% gains in under a year.
His system previously flagged bullish signals on Nvidia before it rose 864%, Super Micro Computer before it surged 2,346%, Vertiv before climbing 611%, and AppLovin before gaining 539%.
Now he's unveiling a new project called the 401ai, aimed at identifying tomorrow's top AI performers early. | | Watch Marc Chaikin's 401ai video and see his next AI picks |
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Healthcare | |
Healthcare Stock Standouts In Focus
It’s been difficult for investors to trust most areas of the market lately during a very volatile period of trading, yet there are still some sectors that have been holding up well. For example, healthcare stocks have been a bright spot amidst market weak... Read the Full Story |
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Markets | |
In a week where a "National School Shooting Day" has been spread on TikTok, it has prompted parents to take a look at the odds of being killed in a school shooting: They're low, about one in two million.
However, when you think about all the worst-case scenarios possible, have you financially pr... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Technology | | Chinese internet hosting company VNET Group (NASDAQ: VNET) stock has plunged back towards its 2020 pandemic lows causing tax loss selling for investors. The China effect is also taking its toll on shares of VNET as investors dump shares in Chinese internet companies due to the crackdown by the gover... Read the Full Story |
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Industrials | |
Worthington’s 2.2% Yield Is A Buy
Worthington Industries (NYSE: WOR) is well-positioned for the current market as the marker of specialty steel products for a wide range of businesses and applications. The company is benefiting not only from demand but from rising prices for steel that are... Read the Full Story |
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Technology | | Although the global chip shortage appears to be easing somewhat, the law of supply and demand is spurring growth in chipmakers such as Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD) and Qualcomm (NASDAQ: QCOM).
While analysts are now saying the shortage of semiconductors will last thro... Read the Full Story |
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Consumer Discretionary | |
Insider Selling In Darden Restaurants Slows In Q4
Insider selling in Darden Restaurants (NYSE: DRI) has been heavy all year but slowed dramatically during the 4th quarter. Total selling to date is worth $49 million or about 341,800 shares and is split among a number of senior VPs, the COO, CEO, ... Read the Full Story |
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Markets | |
I once did a presentation to a group of (unfortunately, disgruntled) employees about goal setting and received some feedback about the topic (not about my presentation skills, though they were probably referring to both):
"Goal-setting is boring."
"I like to live in the moment."
"Booooring.... Read the Full Story |
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The Early Bird Stock Of The Day Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio. | | View Today's Stock Pick |
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