Good MorningLast week the equities markets drifted higher to set a new all-time high. The caveat for investors is that signs of underlying weakness remain in the market and could be setting the indices up for a fall. Although the bulk of S&P 500 companies are beating their consensus estimates the market was expecting much better and that is not a good thing for equity prices. Not only is the earnings picture dimming but the data is also less than could be desired. While the bulk of the data is positive, none of it suggests an acceleration of economic trends.
This week will be different. Although the earnings cycle is fast coming to a close the economic calendar is full. Among the many reports to be on alert for are Retail Sales, the producer price index, industrial production, business inventories, and housing starts. The surprise reports may be the industrial production and business inventories. The pandemic-driven demand and economic rebound have inventories dwindling and production on the rise.
Featured: Elon Musk Called a Total Fraud in 2018 - Here's What Changed (Ad) 
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Technology | | There’ll be more than a few HubSpot (NYSE: HUBS) investors chomping at the bit for markets to open again on Tuesday, having been closed on Monday for Presidents Day. The company’s Q4 earnings were released after Thursday’s session closed, and finished up 16% on Friday. Investors wi... Read the Full Story |
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From Our Partners | | Jeff Brown, founder and CEO of Brownstone Research, says he has uncovered what he calls one of the biggest discoveries of his career tied to the ongoing AI boom.
Brown is pointing to a key date, October 20, and is highlighting five AI-related opportunities outside the traditional stock market that most investors have never heard of. | | Click here to see the full research before October 20 |
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Markets | | Consumer footwear and apparel brand Sketchers U.S.A. (NYSE: SKX) stock has been recovering but still trades below its pre-pandemic levels at the start of 2020. As the vaccine rollout continues to accelerate, consumer apparel should continue to resume its recovery beyond comfort wear as schools and s... Read the Full Story |
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Markets | |
It can be hard to find a good retail bargain for less than twenty bucks these days. The same goes for retail investors shopping for stocks. Apache (NASDAQ: APA), ICICI Bank (NYSE: IBN), and America Movil (NYSE: AMX) fit the bill. With the markets hovering around record highs there is limited "low ... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Consumer Staples | | Disney (NYSE: DIS). Live Nation (NYSE: LYV). Philip Morris (NYSE: PM)? The biggest winners of 2021 will most likely be companies that benefit from the easing of COVD-19 restrictions. Some, such as Disney and Live Nation, will see revenue surge when the economy reopens. Philip Morris, however, will o... Read the Full Story |
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Communication Services | |
With Valentine’s Day quickly approaching, investors should take a moment to reflect on how technology has transformed the dating world over the past few years and how much potential the dating services market has going forward. The truth is that more and more people are using these applicati... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Markets | |
This week saw the market return to record highs. All the major indexes had a strong week, but it’s hard to say why. The Fed expressed optimism about the future of the economy. Investors are also feeling confident that a stimulus package is getting closer. And the vaccine rollout appears to b... Read the Full Story |
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Consumer Discretionary | |
The consumer discretionary sector is one of the most diverse groups ranging from restaurants and specialty retailers to automakers and media companies. This can make it tough to choose which stocks will outperform considering all of these companies compete for our discretionary income.
With the e... Read the Full Story |
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Energy | |
With so many people focused on renewable energy companies these days, oil & gas stocks have largely become an afterthought for investors. While it’s safe to say that the rise of clean energy is a long-term trend worth buying into, that doesn’t mean that oil & gas companies can&... Read the Full Story |
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Markets | | Steel producer United States Steel Corporation (NYSE: X) stock has seen a strong surge in 2021 followed by a sharp decline but still performing well against the benchmark S&P 500 index (NYSEARCA: SPY). The demand for steel is bolstered by the recovering automotive market, housing, construction, ... Read the Full Story |
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Consumer Discretionary | | Tier 1 automotive parts supplier American Axle and Manufacturing Holdings (NYSE: AXL) stock is slowly recovering back towards pre-COVID 19 levels. Shares underperformed the benchmark S&P 500 index (NYSEARCA: SPY)mostly from resonating effects of the pandemic. As COVID-19 caseloads start to retra... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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