Good MorningU.S. equities went on a wild ride on Tuesday. The S&P 500 opened the day nearly flat from the previous session and then fell more than -2.0% at the low of the day. The losses were wiped out, however, late in the session after remarks from Federal Reserve Chairman Jerome Powell put the market at ease. According to Powell, inflation isn’t a worry and will likely be spotty over the next year or so. The January read on core inflation is due out on Friday.
In other news, cryptocurrency investors experienced a bit of volatility on Tuesday as well. The world’s leading cryptocurrencies underwent rapid 25% corrections in less than 48 hours. Bitcoin, the largest cryptocurrency by market cap, shed more than $12,000 in that time, marking the single fastest drop in the coin’s history. What comes next is anybody’s guess but fundamental conditions within the market remain bullish. Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | |
There’s something to be said about adding an iconic brand name company like McDonald’s (NYSE:MCD) to your long-term investment portfolio. It’s one of those businesses that offer an instantly recognizable and familiar experience for its customers, regardless of which one of the 38... 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 | | Canada-based uranium exploration and development company Denison Mines (NYSE: DNN) stock rapidly spiked in recent months on the rising demand for uranium. The Biden administration's clean energy agenda, U.S. uranium reserves plan, combined with the global decarbonization and clean energy initiative ... Read the Full Story |
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Medical | |
Penny stock investors have made a nice profit on AIM ImmunoTech (NYSEAMERICAN:AIM) in 2020. In the last 12 months, AIM stock is up 115%. Going back just a little further to the start of 2020, the stock has climbed over 300%. And at various times in 2020, shares of AIM ImmunoTech were trading much ... Read the Full Story |
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From Our Partners | | Washington has taken an ownership stake in Intel, carved out a cut of Nvidia's and AMD's chip sales, and reportedly fielded an offer to own 5% of the largest AI company on the planet. The government is shifting from referee to shareholder in the most important technology race of the century.
When the rules change, the winning trades change with them. Some blue chips sitting in your index fund are now on the wrong side of this shift - while a select group of companies pulled into the new arrangement may be treated like national treasures. | | Watch the documentary to see which stocks to buy and sell now |
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Finance | | Growth To Slow For LGI Homes
LGI Homes, Inc (NASDAQ:LGIH) is one of the smaller home builders but is no less important to the industry. The company has been quietly growing by double digits for the last several years and is on track to continue growing in 2021. The problem for the market right now ... Read the Full Story |
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Auto/Tires/Trucks | |
After 20 years of going nowhere fast, Ford Motor (NYSE:F) stock appears to be revving back up. While it remains well off its split-adjusted high of $31.42 from April 2001 it has moved higher in eight of the last 10 months amid a brighter outlook for the old-school automaker.
With the advent of el... 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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Retail/Wholesale | |
If the news out of Lowe's (NYSE:LOW) seems familiar, there's a reason. In fact, there's a very good reason. The news out of Lowe's features reports of gains for this quarter, and substantial ones at that. Behind those gains, however, is a concern that the days of the home improvement rush may be c... Read the Full Story |
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Auto/Tires/Trucks | | Good News Sends Oshkosh Stock Soaring
Workhorse Group (NASDAQ:WKHS) investors had their hopes dashed when the USPS awarded its lucrative, multi-billion dollar contract to Oshkosh Corporation (NYSE:OSK) but OSK investors are cheering. The deal, expected to be worth upwards of $6.5 billion over the n... Read the Full Story |
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Auto/Tires/Trucks | | It’s Time To Buy These Two EV Stocks
The rise of SPACs has driven a frenzy in the market and created a bubble that is bursting for names like Lucid Motors (NYSE:CCIV) and Workhorse Group (NASDAQ:WKHS). In the one case, speculation on the potential merger of Lucid and its SPAC target had inves... Read the Full Story |
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Business Services | |
On February 22, Republic Services (NYSE:RSG) reported its 2020 fourth quarter and full-year earnings. The company recorded a double beat with earnings per share (EPS) coming at $1.00 well above the 80 cents projected by analysts. Republic had a narrower beat on the top line with revenue coming in ... Read the Full Story |
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Multi-Sector Conglomerates | |
When investors hear the name 3M (NYSE:MMM) they often think of Scotch tape. Of course, the long-time Dow Jones Industrial Average member is far more. Today, the 120-year-old industrial conglomerate is comprised of many different business lines that serve diverse end markets globally.
There are se... 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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