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: The case for trading fewer setups, not more (Ad) 
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Basic Materials | | Agricultural commodities products and lithium producer Sociedad Quimica y Minera de Chile S.A. (NYSE: SQM) stock has been on a powerful uptrend fueled by momentum in lithium suppliers. The electric vehicle (EV) revolution has fueled the worldwide hunger for battery grade lithium to power them. Europ... 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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Markets | | Internet content delivery network (CDN) provider Limelight Networks (NASDAQ: LLNW) shares recently got punished on its Q4 2020 earnings. The provider of edge cloud services makes it possible for the internet to operate rapidly and smoothly much like the express toll lanes suffered a swing to losses ... Read the Full Story |
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Medical | |
Since Medpace (NASDAQ:MEDP) stock made its August 2016 market debut around $28, it has enjoyed a very nice run. Over the last three calendar years, Medpace has had returns of 46%, 59%, and 66%, respectively. It is already up 21% in 2021.
The health care company rode a seven-day winning streak int... 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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Markets | | The Second Of Two Crypto-Revolutions Has Begun
By definition, critical mass is the minimum amount of fissile material needed to sustain a nuclear reaction. Comparing the cryptocurrency market to that definition it would seem as if the market reached critical mass a long time ago. The cryptocurrency... Read the Full Story |
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Retail/Wholesale | |
If you're looking for a company that had a great quarter, look no further than AutoNation (NYSE:AN), who recently turned in its fourth-quarter results. With 315 retail operations scattered throughout the United States, most of them were firing on all cylinders as the company brought in some fanta... 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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Medical | |
Shares of CVS (NYSE: CVS) stock are sharply down in early trading after the pharmacy chain released its fourth-quarter earnings. The nation’s largest pharmacy health care provider posted earnings per share (EPS) of $1.30, beating analysts’ estimates by six cents. Revenue came in at $69... Read the Full Story |
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Basic Materials | | Ecolab Is Stronger Than It Once Was
We don’t want to imply that Ecolab (NYSE:ECL) was ever a weak company because it wasn’t but it is one emerging from the pandemic in better shape than when it struck. The company has been pursuing cost-cuts and repositioning efforts to better-serve the... Read the Full Story |
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Markets | | Advance Auto Parts: High Expectations Sour Great Results
Shares of Advance Auto Parts (NYSE:AAP) are holding steady in the premarket after missing Q4 earnings estimates but it may be time to put on the brakes. The company reported a great quarter and gave a solid outlook for next year but there is ... Read the Full Story |
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Retail/Wholesale | | After Wingstop (NASDAQ: WING) shares plummeted nearly 6% on the Pfizer (NYSE: PFE) vaccine news, many investors feared that the Wingstop bull run had come to an end. WING had been a pandemic winner, peaking above $160 over the summer – nearly double where it started 2020. The end of the pandem... Read the Full Story |
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Finance | | Just in case any Zillow (NASDAQ: ZG) investors were expecting the stock to take a breather after last year’s 650% rally, the Seattle-based online real estate marketplace has clearly had other ideas. Shares are up almost 50% this year alone, thanks in part to last week’s 20% pop driven by... Read the Full Story |
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The Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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