Good MorningEquities ended the last week on mixed footing following a round of mixed economic data and a spike in U.S. bond rates. On the economic front, reads on the consumer, manufacturing, and housing were all weaker than expected although most were positive for the month. The data casts a shadow on the economic reopening and has the market set up for losses should the trend continue. In regards to bonds, the yield on the 10-year treasury pulled back from its high on Friday but remains elevated on track to post new highs this week.
This week’s action will be dominated by economic data and news out of Washington. There is a slew of important data points due out this week including the monthly read on core consumer inflation. Core inflation has been edging higher over the past few months and is expected to have edged higher again in February. The risk is that inflation will rise quicker than the market can digest and renew fears of FOMC tightening.
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Consumer Discretionary | |
When The Market Tide Is Rising All Ships Move Higher
It is true that when the market tide is rising, all ships move higher. What is not true is that all stocks within a group are worth your investment in such conditions. That’s why it pays to follow the money and see where it goes. Not bec... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Consumer Staples | |
It’s Not The Analysts That Matter But Their Followers Who Count
The analysis and their upgrades are always a great place to find new investment ideas but not because of what any single analyst has to say. It doesn’t matter to us if analysts X is bullish on stock YZ but whether the tr... Read the Full Story |
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Utilities | |
ESG Is A Hot Ticket, Even For Penny Stocks
ESG investing has been gaining importance over the years and making big headlines lately so we decided it was time to delve into the world of ESG penny stocks. Today’s lineup includes four company’s whose green-focused businesses are still t... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Finance | | Cryptocurrency mining equipment maker Canaan (NASDAQ: CAN) stock has exploded in 2021 as traders piled into this stock with the surge in Bitcoin (BTC) and cryptocurrency prices. Unlike bitcoin miners like Marathon Patent Group (NASDAQ: MARA) and Riot Blockchain (NASDAQ: RIOT), Canaan primarily manuf... Read the Full Story |
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Consumer Discretionary | | Penn National Gaming (NASDAQ: PENN) was one of the hottest stocks to own as markets recovered from last year’s COVID induced selloff and for many is still just as attractive now. Casinos and racetracks were among those industries on the frontline against the pandemic so unsurprisingly Penn sha... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Construction | | Trex (NYSE: TREX) reported its fourth-quarter earnings a month ago to the day. The wood-alternative decking manufacturer indicated that its revenue growth rate could slow a bit in 2021. That was enough to send shares, which were trading at more than 50x forward earnings at the time, down 9%. An earl... Read the Full Story |
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Finance | |
It's often a long journey for a stock to go from a small-cap to a large-cap, let alone to a mid-cap. Many try, but few succeed. Those that do typically have some sort of sustainable competitive advantage or groundbreaking product that propels them into the big leagues. Sometimes is more a matter o... Read the Full Story |
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Retail/Wholesale | |
On paper, income investing sounds like a no-brainer. Building out a portfolio of long-term investments that are specifically structured to generate regular income can help you build wealth over time and take advantage of compounding. With that said, it takes patience and a knack for finding qualit... Read the Full Story |
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Construction | |
Even though you might be thinking that housing activity is cooling down a bit after a big run over the last year, there’s still plenty of reasons to believe that the homebuilders are great stocks to own at this time. Although things like rising lumber costs and higher interest rates should n... Read the Full Story |
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Medical | |
If my headline confuses you, then you’re probably thinking clearly about Sundial Growers (NASDAQ:SNDL). The cannabis stock has been the target of attention from retail investors. SNDL stock has charged ahead 180% after getting the GameStop (NYSE:GME) treatment. But the stock has fallen about... Read the Full Story |
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The Early Bird Stock Of The Day Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia. In addition, the company is involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. It serves approximately 4 million customers with a generation capacity of approximately 37,000 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas. | | View Today's Stock Pick |
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