Good MorningThe U.S. stock market closed out the third week of gains on a high note last week with the S&P 500 ending Friday’s session near the high of the day and week, and at a new all-time high. The move was led by tech although the NASDAQ Composite continues to lag the broader market. The Dow Jones Industrial Average also set a new all-time high but the Transports did not. The markets were driven by rising expectations for Q1 earnings, the caveat for investors is that with expectations on the rise, strength in Q1 earnings may already be priced into the market.
This week kicks off the peak of earnings season. So far, about 3.0% of the S&P 500 have reported their calendar Q1 earnings and the results are better than expected. The question that needs to be answered is if this trend will continue and by what margin. If the average S&P 500 company fails to impress the market could be in for a correction. With COVID still impacting global economies, the only certainty that can be predicted is uncertainty and that is not a good thing for the stock market.
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Finance | |
BlackRock (NYSE: BLK) is set to report its first-quarter earnings on Thursday; the largest asset manager in the world launched two new Environmental, Social, and Governance (ESG) ETFs on Thursday, showing where its focus lies ahead of the earnings release.
The asset manager wasn’t always on... Read the Full Story |
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From Our Partners | | While the trade war grabs headlines, the Department of Justice has quietly argued in court that cash may not be legally yours. If Washington can seize imported goods without warning, your bank account could be the next target.
Governments rarely announce moves against private wealth in advance. A free Wealth Defense Guide outlines how to move your savings out of reach before the window closes. | | Get your free Wealth Defense Guide and protect your savings now |
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Technology | | Back in the late 1990's Simulations Plus (NASDAQ:SLP) was a small-cap health care software stock trading below $10. Today, it is a $1.2 billion company and an up-and-coming leader in a space that is ripe for multiyear growth.
Simulations Plus is capitalizing on increasing global demand for software... Read the Full Story |
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Auto/Tires/Trucks | |
EV's Take Market Share In China
The latest data out of China shows that not only is China's auto market back to pre-pandemic levels but the EV market continues to take share. Data from China's Passenger Car Association show sales of passenger vehicles in the nation grew 70% in the first quarter ... Read the Full Story |
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From Our Partners | | Futurist George Gilder - who predicted the smartphone years before the iPhone launched - believes today's AI data centers are already obsolete. Three companies are quietly developing a way to process data that could do in minutes what current server farms do in hours, using up to 90% less energy.
Gilder calls it the 'Trillion Dollar Triangle' - and he thinks it could reshape the AI landscape the same way digital streaming buried Blockbuster. | | Discover the three companies behind Gilder's Trillion Dollar Triangle |
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Retail/Wholesale | |
On McDonald’s (NYSE: MCD) fourth-quarter earnings call, CEO Chris Kempczinski talked about the company’s growth pillars, using a “MCDs” acronym. The “M” stands for maximizing marketing, the “C” stands for a commitment to the core menu, and the &ldquo... Read the Full Story |
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Technology | | Network communications giant Cisco Systems (NASDAQ: CSCO) stock is reawakening for a long-awaited breakout after a decade-long consolidation. The former high flyer from the early days of the internet mania has gone into hibernation written off as a legacy player despite being a critical component of... Read the Full Story |
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From Our Partners | | Elon Musk's new banking platform is paying up to 15 times the national average interest rate while insuring deposits up to $250,000 - just like a traditional bank. It moved $1 billion in a matter of days.
Senior Investment Analyst Luke Lango says this is the first sign of a much bigger financial shift - one with real profit potential for investors who position early. JPMorgan CEO Jamie Dimon has already warned banks to be 'scared' of exactly this kind of disruption. | | See how it works and how to position yourself for the opportunity |
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Business Services | | What makes a true market leader? From a fundamental perspective, companies with extraordinary earnings and sales growth that are consistently taking market share from the competition certainly fit the bill, as do businesses that are leaders in their respective industries. Another way to look at mark... Read the Full Story |
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Medical | |
When a stock is trading close to its low of the last 12 months, it can be interpreted in one of two ways. Either it deserves to be there and has more downside, or it is oversold and has the fundamentals to stage a turnaround.
Taking the glass half full approach, we look at three mature, large cap... Read the Full Story |
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Consumer Staples | |
The market is digesting the specifics of another round of proposed government spending. This time it takes the form of the nearly $2 trillion infrastructure plan proposed by President Biden in the last week. While it’s clear that this isn’t your grandparent’s idea of infrastructu... Read the Full Story |
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Finance | | Companies that are involved in capital markets play a critical role in finance and economics. Just think about all of the money that flows into and out of the equity and bond markets every single day to grasp the importance of this industry. Capital markets are where savings and investments are move... Read the Full Story |
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Construction | | Cement producer CEMEX (NYSE: CX) stock has been surging on the heels of the housing boom and further accelerated by the prospects of more demand fueled by the Biden infrastructure bill. The stock has been both a pandemic and re-opening play beneficiary. The Company saw a surprising surge in demand f... Read the Full Story |
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The Early Bird Stock Of The Day Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana. | | View Today's Stock Pick |
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