Good MorningEquities held their ground on Tuesday following Monday’s climb to new highs. The move is as much about digesting the new gains, however, as it is about the threat of COVID-19 and the impact of the Omicron variant. While the spread of COVID-19 remains a threat the Omicron variant is far less a problem than first thought. The latest news, in fact, suggests Omicron may help fight against the more virulent Delta variant.
The real question traders want to be answered is what will happen to the market in January? Will we see the typical January effect or will there be a sell-off to take the market back down to firmer support? Like they say as it goes in January, so goes the rest of the year.
Featured: What Saudi Arabia just did to the dollar changes everything (Ad) 
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Basic Materials | |
Cal-Maine Gets Crushed By Inflation
Cal-Maine Foods (NASDAQ: CALM) had a good quarter and a bad quarter during the calendar 3rd quarter and it looks like the underlying trends will remain in place for at least the near to mid-term. On the one hand, rising demand and tightening conditions within ... Read the Full Story |
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From Our Partners | | The new deadline for crypto’s best bill, the Clarity Act, is August 7th. That's the Senate's final session day before summer recess.
The bill needs 60 votes, seven Democrats crossing the aisle. If it happens, trillions in institutional capital finally gets the legal rulebook it's been waiting years for.
And our analysts have identified one specific altcoin they believe was built for exactly this moment. Not for retail hype… for the kind of regulated, institutional finance the CLARITY Act unlocks. | | Get our #1 pick before the CLARITY Act passes. |
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Technology | |
A Strong Signal For RF Industries Investors
We already knew that RF Industries, Ltd (NASDAQ: RFIL) was well-positioned for today’s market. The company makes a wide range of RF connector and cable assembly components that are in high demand by telecoms, 5G, industrials, instrumentation, and... Read the Full Story |
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Technology | | The iShares Semiconductor ETF (NASDAQ: SOXX), whose top two components are Broadcom (NASDAQ: AVGO) and Qualcomm (NASDAQ: QCOM), is up 47.59% year-to-date, reflecting strong demand for chips amid the global shortage.
However, even with that stellar performance this year, the index posted even bette... Read the Full Story |
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Auto/Tires/Trucks | |
These Are the Top Auto Stocks for Next Year
The global automotive industry is at an interesting crossroads heading into 2022. Supply chain constraints have reduced the number of new vehicles available for purchase, which has certainly had a negative impact on earnings for some of the major player... Read the Full Story |
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Markets | | Data search and analytics platform Elastic (NYSE: ESTC) stock has taken a tumble towards 2021 lows but is primed for a snapback rally. The leading provider of enterprise data search solutions is still showing impressive double-digit top-line growth. Shares sold-off on fiscal Q2 2022 resulted in fear... Read the Full Story |
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From Our Partners | | Saudi Arabia has terminated its 1974 petrodollar agreement with the United States - the deal that forced every country on Earth to hold U.S. dollars to buy oil. Since then, Saudi Arabia has signed a $7 billion currency swap with China, begun settling oil in digital yuan, and joined China's cross-border payment system, mBridge.
With 10-year Treasury yields pushing toward the 4.4% danger line and global dollar demand in retreat, gold is being repriced. There's one asset that still trades at a steep discount to gold's current price - a rare opportunity to leverage the metal's continued rise. | | Learn how to position ahead of the dollar's continued decline |
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Technology | |
Braze, Inc Is Firing On All Cylinders
Braze, Inc (NASDAQ: BRZE) IPOd in November to the same fanfare with which many of this year’s IPOs were faced. A lot of hype leading into the event and not a lot of bullish activity in its wake. Shares opened well above the intended high-end of the IPO... Read the Full Story |
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Technology | |
Candlesticks aren’t just a popular holiday decoration. Many technical analysts depend on them heavily to shed light on a stock’s price chart.
As with classic chart patterns, there are bullish and bearish candlestick formations—and some are more prevalent than others. Among the m... Read the Full Story |
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Technology | |
Dividend Stocks With Momentum Offer Income and Upside
Adding high-quality dividend stocks to your investment plans can be a fantastic way to generate consistent income and build wealth over the long term. Many of these stocks are perceived as conservative investments, as dividend-payers tend to b... Read the Full Story |
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Transportation | |
While many key industries within the equity markets have learned to roll with the punches that the Covid-19 pandemic continues to deliver ad-hoc, it has to be said that airline stocks are still almost as vulnerable to changes in the pandemic’s trajectory as they were at the onset. The recent... Read the Full Story |
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Technology | |
Insiders Reap Windfall Profits In Nvidia
At face value, insider selling in Nvidia (NASDAQ: NVDA) stock is raising a red flag. Insider selling accelerated over the course of the last 4 quarters reaching a peak in the Q4 or current period. This could be a sign of impending doom for the company, or... Read the Full Story |
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The Early Bird Stock Of The Day Encompass Health Corporation provides post-acute healthcare services in the United States and Puerto Rico. It owns and operates inpatient rehabilitation hospitals that provide medical, nursing, therapy, and ancillary services. The company provides specialized rehabilitative treatment on an inpatient basis to patients who have experienced physical or cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. It offers services through the Medicare program to federal government, managed care plans and private insurers, state governments, and other patients. The company was formerly known as HealthSouth Corporation and changed its name to Encompass Health Corporation in January 2018. The company was incorporated in 1984 and is based in Birmingham, Alabama. | | View Today's Stock Pick |
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