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.
Featured: Sell these "safe" blue chips immediately (Ad) 
|
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 |
|
From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
|
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 |
|
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 |
|
From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
|
Technology | | 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 |
|
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 |
|
From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
|
Industrials | | 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 |
|
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 |
|
Consumer Staples | |
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 |
|
Consumer Discretionary | |
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 |
|
Consumer Discretionary | |
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 |
|
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 |
|
