Good MorningThe equity market closed out a mixed week on a high note Friday with the S&P 500, Dow Jones Industrial Average, and Dow Jones Transportation each at a new all-time high. The move was driven by weaker than expected NFP numbers, numbers that belie the onset of economic boom and rising inflation. According to the Bureau of Labor Statistics, the U.S. only added 266,000 new jobs in April, a far cry less than the 1 million expected by economists.
The NFP news, while bad for the economy, means the FOMC and Federal Government will continue to be accommodative to the market. The NFP news helped to drive bond yields to their lowest level in two months which may have fueled corporate buybacks as well. This week traders will be eyeing key reads on inflation, either of which could send the market reeling. Regardless of the data, with oil trading at multi-year high inflation is already here.
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Consumer Discretionary | | Online marketplace platform eBay (NASDAQ: EBAY) stock was pummeled on its Q1 2021 earnings release as shares fell (-11%) following multiple analyst downgrades. The stock market tends to follow narrative templates for price action. When Pinterest (NYSE: PINS) reported strong earnings but suggested a ... Read the Full Story |
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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 |
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Markets | |
Digital Media Solutions Falls Back On Q1 Results, Outlook
Digital Media Solutions (NYSE: DMS) is a great play for small-cap growth investors. The company operates as a performance marketing company with clients across industries and verticals and its growing at double-digits in its first year po... Read the Full Story |
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Technology | | Friday’s major miss on the April non-farm payroll report has big implications for the stock market that investors should take a moment to consider. Since the report was much worse than economists were anticipating, it alludes to the fact that the labor market's recovery from the pandemic might... Read the Full Story |
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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 |
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Technology | |
Many investors like to focus on stocks that hike their dividends year after year. They typically are in excellent financial health and generate reliable income for a long-term portfolio.
A great place to find companies that are consistently paying higher dividends is the Nasdaq U.S. Rising Divide... Read the Full Story |
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Consumer Discretionary | | Shake Shack Is Shaking Of COVID-19 One Quarter At A Time
We’ve liked Shake Shack (NYSE: SHAK) for the last year because of two things. The first is the company’s growth strategy, it is growing by leaps and bounds building not only its revenue base but improving its profitability. The s... Read the Full Story |
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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 |
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Consumer Staples | | With so many investors spending time trying to figure out when their favorite growth stocks are going to bottom out, many are missing a big rally in the materials sector and constructive action in names like Chemours Co (NYSE:CC). While these types of stocks may not get the headlines and recognition... Read the Full Story |
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Consumer Discretionary | | Shares of Hilton Worldwide (NYSE: HLT) fell 1.56% Thursday following disappointing first-quarter results.
The company operates over 4,000 hotels, timeshare properties, and resorts around the globe. Of course, given the continued pandemic disruptions to the hotel industry, especially internationall... Read the Full Story |
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Real Estate | | Cyclical stocks are companies that tend to perform well when the economy is trending up, which means that if you are a big believer in the ongoing recovery from the pandemic you should be very interested in this area of the market. These companies offer products and services that are in high demand ... Read the Full Story |
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Technology | | Semiconductor testing equipment maker Teradyne (NASDAQ: TER) stock has been a benefactor during the pandemic and is set to gain on the global chip shortage spawned by the pandemic. The Company’s chip testing machines enable the manufacturing of these complex components are vital for the operat... Read the Full Story |
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Markets | |
Scared to invest? You’re not the only one. In fact, you might seem like a downright anomaly if the “Someday Scaries” don’t give you a small case of the heebie-jeebies.
A whopping 61 percent of adults say they find investing in the stock market to be “scary or intimi... Read the Full Story |
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The Early Bird Stock Of The Day Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment. The company operates through four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. It provides Aptima molecular diagnostic assays to detect the infectious microorganisms; Aptima viral load assays for Hepatitis B virus, Hepatitis C virus, human immunodeficiency virus, and human cytomegalo virus; Aptima bacterial vaginosis and candida vaginitis assays for the diagnosis of vaginitis; Aptima SARS-CoV-2 and Panther Fusion SARS-CoV-2 assays to detect SARS-CoV-2; ThinPrep System for cytology applications; and Rapid Fetal Fibronectin Test that assists physicians in assessing the risk of pre-term birth. The company also offers breast cancer care solutions in the areas of radiology, breast surgery, pathology, and treatment, such as 3D digital mammography systems, image analytics software, reading workstations, minimally invasive breast biopsy guidance systems, breast biopsy site markers, localization, specimen radiology, and connectivity solutions; and breast conserving surgery products. In addition, it provides MyoSure Hysteroscopic Tissue Removal System for the removal of fibroids and polyps in the uterus; NovaSure Endometrial Ablation System to treat abnormal uterine bleeding; Fluent Fluid Management System that provides liquid distention during diagnostic and operative hysteroscopic procedures; Acessa ProVu system to treat various fibroids; and CoolSeal portfolio, such as bipolar vessel sealing devices. Further, the company offers Horizon DXA, a dual energy X-ray system; and Fluoroscan Insight FD mini C-arm to perform minimally invasive orthopedic surgical procedures. It sells its products through direct sales, service forces, independent distributors, and sales representatives. Hologic, Inc. was incorporated in 1985 and is headquartered in Marlborough, Massachusetts. | | View Today's Stock Pick |
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