Good MorningThe major indices rebound strongly on Monday regaining all of the prior week’s losses in a single session. The caveat is that price action met resistance at the short-term moving average and it may cap gains in the near term. If the index can not make a firm move above the 4,605 level another sell may be inevitable regardless of this week’s economic data. With earnings season wrapped up and the peak of Q4 reporting still a month away all eyes will be on the data.
This week’s data is topped by the November read of CPI which is due out on Friday. The release is expected to show the 9th month of rising inflation and inflation above 2.0%. Regardless of the read, it is expected to reinforce the idea of accelerated Fed tapering, the question is by how much? A hot figure could advance the timeline for rate hikes and put the first increase firmly in May versus June as currently expected.
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Retail/Wholesale | |
Sportsman’s Warehouse Pulls Back Into A Buying Opportunity
Price action in Sportsman’s Warehouse (NASDAQ: SPWH) tanked in the wake of news it was terminating an agreement to merge with Great Outdoors. The deal was mutual and driven by a recommendation the FTC would not approve it. Th... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Technology | | Financial management and business software developer Intuit (NASDAQ: INTU) stock has had a banner 2021 but shares are starting to fall sharply despite strong earnings guidance. The maker of Quickbooks accounting software solutions is gaining much momentum with its Credit Karma products. The Company ... Read the Full Story |
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Technology | |
These Tech IPOs Are A Buy Before Christmas
This year has been a busy one for IPOs and the activity is staying strong right through the end of the year. Often times the best time to buy a newly IPOd stock is after the initial quiet period ends and that is no different with the three we have today... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Consumer Staples | |
These Are the Top Consumer Staples Stocks for 2022
As the year winds down, it’s always a good idea for investors to start thinking about the areas of the market that they might want to target going forward. After a recent bout of volatility and plenty of question marks to consider about the... Read the Full Story |
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Consumer Discretionary | |
A Perfect Storm Blows Draft Kings Off Course
While the underlying investment in Draft Kings (NASDAQ: DKNG) remains sound there are a number of headwinds holding back share prices. The headwinds start with the stock’s valuation and end with short-seller Jim Chanos. In between are a number of... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Technology | |
Sellers couldn’t unload DocuSign (NASDAQ: DOCU) fast enough on Friday. When the carnage was over, the once pandemic superstar saw nearly $100 cut from its share price and approximately $20 billion from its market value.
The sharp selloff in 22x the average daily trading volume felt like Doc... Read the Full Story |
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Retail/Wholesale | |
Insiders Sell Genesco, But It’s Not A Problem
Insiders have been selling shares of Genesco (NYSE: GCO) but it’s not a problem for the market. Not only are the sales small but they are spread among several insiders primarily directors. In addition, most of the sales were earlier in th... Read the Full Story |
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Consumer Staples | |
Supply Chain Disruptions Blemish Dole plc Results
Newly formed Dole plc (NYSE: DOLE) is having a tough time with systemic headwinds. The company, now merged with Total Produce, is a global supplier of fresh fruits and vegetables and is exposed to labor, freight, and input cost inflation like no ... Read the Full Story |
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Finance | | Health insurance exchange platform eHealth (NASDAQ: EHTH) stock has been crushed falling over (-80%) off its highs heading into year-end. The insurance marketplace received a new CEO just six days prior to its Q3 2021 earnings release. The new CEO comes with a strong background in the healthcare ind... Read the Full Story |
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Technology | | Digital cloud creative software company Adobe (NASDAQ: ADBE) stock has been on a tear blowing through its pre-COVID highs. The creative software developer was a pioneer in cloud computing and the software as a service (SaaS) subscription model. It revolutionized software company operating models whe... Read the Full Story |
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The Early Bird Stock Of The Day SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP Signavio to help customers to discover, analyze, and understand their business process operations; SAP's industry cloud solutions that provides modular solutions addressing industry-specific functions; Taulia solutions for working capital management to help enable customers mitigate the effects of inflation by providing visibility into working capital and access to liquidity; and sustainability solutions and services. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany. | | View Today's Stock Pick |
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