Good MorningEquity markets rebounded from Tuesday’s sell-off on Wednesday but have yet to recover their recent highs. The rebound was led by reopening plays on the eve of peak earnings season. The Q1 earnings season kicks into high gear beginning today and the action will be hot for the next two weeks. The risk for the market is that average earnings growth will be tepid compared to the consensus estimate and lead the market into a correction. Earnings reports to watch out for include Intel, Mattel, and Old Dominion Freight Lines.
On the economic front, the outlook remains positive despite increasing signs of rising inflation from S&P 500 companies. Today’s calendar includes key reports on joblessness, housing, and the index of leading indicators any of which may move the market. On Friday, investors will be on alert for the flash PMI readings from Markit and any insight they can give into the global economy. If the S&P 500 is able to set a new high this week it may continue moving higher well into the summer.
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Markets | | We’re accustomed to hearing a lot about the biggest domestic stocks, those most heavily weighted in the S&P 500, but not so much top performers like L Brands (NYSE: LB), The Gap (NYSE: GPS) and Diamondback Energy (NASDAQ: FANG).
There’s actually a good reason why the most heavily we... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Healthcare | | Pharmaceutical companies are a compelling option for long-term investors to consider at this time, especially given the important role that they continue to play in the global pandemic. The best big pharma stocks offer growth potential thanks to strong pipelines, steady income with dependable divide... Read the Full Story |
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Consumer Discretionary | |
Tractor Supply Company (NASDAQ:TSCO) will report earnings on April 22 before the market opens. The consensus among analysts is for earnings per share of around 96 cents on revenue of $2.43 billion. This would be a lower number from the company’s fourth-quarter 2020 earnings report.
However,... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Finance | |
Throughout stock market history there have been few occasions when the words 'hot' and 'banks' go together, but this is one of those times. With the Dow Jones Regional Banks Index up around 25% year-to-date, regional bank stocks have been among the hottest groups this year.
As the consumer and co... Read the Full Story |
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Communication Services | |
Verizon Is A Top Pick For High-Yield Investors
We've like Verizon (NYSE: VZ) for the last 18-months to two years for a variety of reasons that include but not limited to value, yield, growth, the consumer, digital, streaming, 5G, and the IoT. While the former makes the stock an attractive buy th... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Materials | |
Nucor (NYSE:NUE) will report earnings before the market opens on April 22. The company is expected to show strong growth from the prior quarter. The consensus of analysts is for the steelmaker to deliver earnings per share (EPS) of $3.08 on revenue of $7.2 billion. The whisper number suggests the ... Read the Full Story |
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Industrials | |
Knight-Swift Transportation Delivers, But A Little Less Than Expected
Knight-Swift Transportation Holdings (NYSE: KNX) reported a good quarter and shares are down because of it. You might think shares are down because of weak guidance but they're not. Possibly because the dividend was cut but it... Read the Full Story |
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Technology | | A 4% jump on a day when most of the market was selling off made shares of IBM (NYSE: IBM) among the best performers in Tuesday’s session. It also means they’re now up more than 15% in just a month, as they start to break out of the sideways range they’d traded in for much of the pa... Read the Full Story |
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Industrials | |
Rising Demand Drives ManpowerGroup Inc To Profits
If you want to know why ManpowerGroup Inc (NYSE: MAN) was able to beat the consensus target you have only to look at the labor data. The labor data has improved significantly over the past two months and points to two things. The first is increas... Read the Full Story |
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Healthcare | | News catalysts are often behind big stock price moves, and that’s certainly been true for companies like Moderna (NASDAQ: MRNA), Regeneron Pharmaceuticals (NASDAQ: REGN) and Novavax (NASDAQ: NVAX), which make coronavirus vaccines and treatments.
These days, the news items about those stocks ... Read the Full Story |
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The Early Bird Stock Of The Day Viomi Technology Co., Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, and other smart devices, as well as blenders. It also provides a suite of complementary consumable products and small appliances, such as portable fans, rice cookers, water quality meters, water filter pitchers, stainless-steel insulated water bottles, smart toilet, and food waste disposals; and value-added services. The company sells its products directly to consumers through its online platform, Viomi mobile app, and e-commerce channels, including Youpin, JD.com, Tmall, Pinduoduo, and others, as well as offline experience stores. Viomi Technology Co., Ltd has a strategic partnership with Xiaomi Corporation. The company was founded in 2014 and is headquartered in Guangzhou, China. | | View Today's Stock Pick |
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