Good MorningThe broad equities market advanced again on Friday extending Thursday’s gains after tepid inflation data reassured investors. The core inflation gain, as measured by the Federal Reserve Bank, rose only 0.1% for the month and in line with expectations. The figure is down a tenth from the previous month and coupled with weaker than expected spending and wage gains. Weaker spending and wage gains both reduce pressure upward pressure on the inflation outlook and helped the S&P 500 gain more than 1.65% by the end of the session.
Monday will be all about data. This week is the monthly release of key employment data such as the ADP employment report, the Challenger report on planned layoffs, and the all-important NFP. The weekly jobless claims figures suggest job gains were flat to slightly higher for the month, a better than expected figure could easily help drive the S&P 500 to a new all-time high.
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Retail/Wholesale | |
The Tech Pullback Is A Buying Opportunity
While some may fret over the recent pullback in tech shares we recognize it for what it is. A sector rotation and buying opportunity for long-term investors. Tech shares are down on fear of slowing growth, fears spurred by rising interest rates, and thei... Read the Full Story |
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From Our Partners | | In 1976, Chevron tapped an energy source with no fuel costs, no carbon, and no supply chain - then killed the project. Unocal and Texaco did the same. All three buried the results because it threatened their core business.
Now one company has spent sixty years developing what Big Oil refused to touch. Google locked in a 15-year contract, Bill Gates wrote a $100 million check, and on August 18th the government hands it a competitive edge no other energy source receives. | | Discover the company that spent 60 years proving this technology works |
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Technology | | A 1.5% move on Friday was enough to keep shares of Advanced Micro Devices (NASDAQ: AMD) from closing near their six months lows. Like many of the more well-known names in tech, the first quarter of 2021 has been tough, as rising rates have brought great scrutiny onto stocks with lofty valuations. Wi... Read the Full Story |
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Basic Materials | |
The Cal-Maine Thesis Is Playing Out
Cal-Maine (NASDAQ: CALM) is America’s largest producer of shell eggs and a growing concern. While the company’s revenue, earnings, and dividend can be volatile the reason is egg pricing and the cost of feed and not the company’s growth. The c... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, is sharing a strategy he calls 'Sell This, Buy That' - a way to move out of overpriced AI stocks before the tech trade breaks down and into lesser-known names with real potential to challenge the Mag 7.
One pick he calls 'an upgrade to Tesla stock' is a little-known company that just inked a partnership with Nvidia, positioning it ahead of Tesla in the autonomous vehicle race. | | Get the name, ticker, and full Hotlist before markets open |
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Retail/Wholesale | |
Kohl’s (NYSE: KSS) shares languished for much of 2020 as the pandemic ravaged department stores. But the November 9th vaccine news changed everything. Finally, there was an end in sight. Kohl’s sales dropped again in the fourth quarter – down 10% yoy – but the market is a f... Read the Full Story |
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Consumer Discretionary | | Athletic footwear and apparel maker NIKE (NYSE: NKE) stock has been punished recently on its earnings report and potential China boycotts of its products. The globally popular and at times outspoken brand has found itself caught in a politically and socially charged riptide that could have a materia... Read the Full Story |
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From Our Partners | | The national debt just crossed $39 trillion, and Elon Musk - former head of the Department of Government Efficiency under President Trump - has gone on record saying the U.S. is '1,000% going to go bankrupt' if the trajectory doesn't change.
The Trump administration preserved a little-known IRS loophole that allows everyday Americans to shield their retirement savings from the next wave of market turbulence. A free 2026 Wealth Protection Guide walks through the steps to use it. | | Download your free 2026 Wealth Protection Guide and secure your nest egg |
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Auto/Tires/Trucks | | Chinese electric vehicle (EV) maker NIO (NYSE: NIO) stock has fallen (-25%) year-to-date (YTD) as the Nasdaq sell-off combined with semiconductor chip shortage and China tensions mount a perfect storm of negative sentiment. Shares reached all-time highs of $66.99 on Jan. 11, 2021, as the height of t... Read the Full Story |
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Markets | | Social media platform Snap Inc. (NASDAQ: SNAP) stock had a meteoric rise in 2020 as it benefitted from pandemic spurred growth in new and active user engagements as a result of stay-at-home mandates. As COVID vaccinations continue to accelerate, money has flowed out of growth and back into value st... Read the Full Story |
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Medical | | Cannabinoid products producer Cronus Group (NASDAQ: CRON) stock has fallen over (-30%) from its $15.83 year-to-date (YTD) highs reached on Feb. 10, 2021 with the Nasdaq sell-off. To be fair, the whole cannabis group including Canada-based Tilray (NASDAQ: TLRY), Canopy Growth Corporation (NASDAQ: CGC... Read the Full Story |
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Consumer Discretionary | | When private equity firms Blackstone and Starwood Capital recently inked a deal to acquire hotel chain Extended Stay America (NASDAQ: STAY), marked a vote of confidence in the future of business travel.
That $6 billion deal is expected to close in the second quarter. That stock has now gapped up a... Read the Full Story |
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Multi-Sector Conglomerates | |
In a time of economic uncertainty, there is something to be said about low-risk dividend stocks. Companies whose fortunes aren't directly tied to economic health and that pay a reliable dividend can be a comforting investment to those that aren't keen on taking on a lot of risk.
Here we highlight... Read the Full Story |
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The Early Bird Stock Of The Day W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,424 net lease properties covering approximately 173 million square feet and a portfolio of 89 self-storage operating properties as of December 31, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations. | | View Today's Stock Pick |
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