Good MorningEquity markets will try and claw their way to new all-time highs this week. The biggest hurdle for the markets will be the monthly labor data bundle. Reports including the ADP employment report, the Challenger Gray & Christmas report on layoffs and the monthly non-farm payrolls report will be closely watched for signs of improvement within the labor market. If the non-farm payrolls report fails to show significant improvement in job creation over the past month it could send the markets into a deep tailspin.
The surprise economic data point of the week could be the Fed’s Beige Book. The Beige Book is the periodic report of US economic conditions by individual Federal Reserve Districts. Within the report will be details about manufacturing, employment, wages, and most importantly inflation. Signs of rising inflation have so far been shrugged off by the market but sooner or later it is going to put an end to the rally.
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Retail/Wholesale | |
Ulta Beauty (NASDAQ: ULTA) is getting prettied up and ready for a post-Covid world. Shares of the cosmetics and beauty products firm gapped up by $17, or 5.18% Friday, closing at $345.36, following stronger-than-expected first-quarter results.
Earnings per share came in at $4.10, trouncing Wall ... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Technology | |
The Microchip Shortage Will Last For Years
With the global microchip shortage affecting every industry imaginable, all eyes are on the semiconductor industry. It is assured the market will eventually catch up but it is highly debatable when that will be. A recent report from Gartner suggests the ... Read the Full Story |
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Industrials | |
The EV Market Is Consolidating In Preparation For Hyper-Growth
Plug Power Stock is Recharging for Another Run
With the EV and the alternative fuel Industries entering their next phase the narrative has become one of partnerships, collaborations, and deals. For the big players, it's about se... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Markets | |
When your child must take out a loan for college, you may wonder about the differences between private and federal student loans. Let's break them down so you understand which type makes the most sense for your needs.
Differences Between Private and Federal Student Loans
Federal student loans ... Read the Full Story |
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Markets | |
Big Lots Is A Shockingly Good Value For Income Investors
We are going to come right out and say it, Big Lots (NYSE: BIG) is such a deep value we are shocked that it is still trading at only 11 times its earnings. Big Lots is no Costco and shouldn't be trading at 38 times earnings but it's at leas... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Retail/Wholesale | | While the summer months in the market are typically known to be less active, there are still plenty of great opportunities for investors and traders looking to add new positions. We are seeing constructive action in all different areas of the market after a small correction, and even some of the bea... Read the Full Story |
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Markets | |
All eyes were on the personal income and spending data that was released on May 28. Markets ticked up slightly after the report showed that personal income dropped by $3.21 trillion (over 13%) in April. Further results showed that real disposable personal income (DPI) dropped over 15% and real per... Read the Full Story |
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Auto/Tires/Trucks | | Just in case anyone doubted it, the 7% jump seen in Ford (NYSE: F) shares last Thursday were further proof that the automobile stalwart is back, and potentially better than ever. The stock is now up close to 300% since the lows of April 2020, with 30% tacked on in the last two weeks alone. Much of t... Read the Full Story |
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Markets | |
Headwinds May Keep Costco Shares From Moving Higher
Costco (NASDAQ: COST) is a great company, don't get us wrong. It is one of the biggest beneficiaries of the pandemic, the company is still expected to grow long into the future, and it pays a very safe dividend. The problem that we have with the... Read the Full Story |
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Markets | | Optical and photonics components maker II-VI Incorporated (NASDAQ: IIVI) stock is down nearly (-40%) from its 2021 highs of $101.44 after a nearly 5X run up from its pandemic lows. The maker of industrial optical electronics and laser components is should be getting larger thanks to its upcoming mer... Read the Full Story |
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The Early Bird Stock Of The Day W.W. Grainger, Inc., together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools. It also offers technical support and inventory management services. The company serves smaller businesses to large corporations, government entities, and other institutions, as well as commercial, healthcare, and manufacturing industries through sales and service representatives, and electronic and ecommerce channels. W.W. Grainger, Inc. was founded in 1927 and is headquartered in Lake Forest, Illinois. | | View Today's Stock Pick |
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