Good MorningThe equity markets started the week on uncertain footing. Most of the major indices opened with slim gains to set new all-time highs but that is the best that can be said of the session. The indices traded within very tight ranges in evidence of a market drifting higher for no apparent reason.
While S&P 500 earnings are good the outlook for earnings growth is already priced into the market. The risk now is that 2021 economic activity will only be as-expected which, in the market’s eye’s at least, will not be enough to sustain a stock market rally.
This week’s trading is going to be heavily impacted by economic data and the data is already coming in strong. The Empire State Manufacturing Index jumped to 16 from last month’s 3.5 to more than double the consensus. The gain was driven by new orders, backlogs, and rising employment.
Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Technology | | Cloud data analytic solutions provider Teradata Corporation (NYSE: TDC) stock has nearly doubled in 2021 on the heels of a solid turnaround. The pandemic has accelerated the adoption of digital transformation. Surging social media engagements, ecommerce, work, learn and entertain-at-home trends have... 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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Markets | | Three-wheel electric vehicle (EV) Arcimoto, Inc. (NASDAQ: FUV) was highlighted in an article “Arcimoto (NASDAQ: FUV) Stock is Worthy at These Levels” on Jan. 13, 2021. Shares have nearly doubled since then prompting the consideration to ring the register taking some or all profits while... Read the Full Story |
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Consumer Staples | |
Consumer staples stocks typically carry lower valuations than the broader market due their lower growth, defensive nature. Many also come with above-market dividends making them valuable components of a balanced long-term portfolio.
But as with other sectors, the valuations of the consumer staple... Read the Full Story |
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Technology | |
If you are an investor that is intrigued with all of the different ways in which advertising and technology intersect, a company like Magnite (NASDAQ:MGNI) needs to be on your shopping list. Advertising channels like websites, applications, connected television, and more offer companies the perfec... Read the Full Story |
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Auto/Tires/Trucks | | The Short-Squeeze Is Coming For Workhorse Group
If the Gamestop (NYSE:GME) debacle wasn’t enough to convince short-sellers of Workhorse Group (NASDAQ:WKHS) to be wary the run-up in the cannabis market should have been. High short interest is the target of a new breed of American investor, the... 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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Consumer Discretionary | | La-Z-Boy Falls After Mixed Q4
Shares of La-Z-Boy (NYSE:LZB) took a hit in premarket trading following a less-than-spectacular Q4 report. It’s not that La-Z-Boy had a bad quarter, it’s that results failed to beat the consensus. There has been a high expectation for average companies to b... Read the Full Story |
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Consumer Discretionary | |
Like many casino operators, Las Vegas-based Boyd Gaming (NYSE:BYD) had a rough 2020. Restrictions on indoor entertainment, lodging, and restaurants made for a trifecta of bad fortune.
But you wouldn't know it by the company's share price. Boyd Gaming stock is stunningly back within reach of its a... Read the Full Story |
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Construction | | Toll Brothers (NYSE: TOL) shares have been on a tear since the start of 2021, up 24.5% YTD. As the leading builder of upscale homes in the United States, Toll Brothers has capitalized on the mass exodus of young professionals from the cities to the suburbs. To someone paying $3,000 a month for a tin... Read the Full Story |
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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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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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The Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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