Good MorningThe equity market eked out small gains on Monday after opening the week on uncertain footing. The major indices spent most of Monday in the red before turning higher at the end of the day. Attention is on the FOMC this week, the committee will conclude its two-day conference and issue its policy statement on Wednesday afternoon.
While there is little expectation for the FED to alter its policy, there is a growing expectation for the FED to alter its position towards inflation. Inflation has made a noticeable uptick over the past six weeks spurring many within the market to speculate the FED will begin to raise rates this year. If the Fed refuses to acknowledge the increase in inflation as noteworthy all bets are off.
Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | |
Sporting goods stocks, that are part of the consumer discretionary sector, have been among the best-performing stocks since the onset of the Covid-19 pandemic. But with many of these stocks showing phenomenal gains, the question is if it’s time for fitness stocks to take a cool down period. ... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Consumer Discretionary | | Consumer footwear and athleisure brand Skechers U.S.A. (NYSE: SKX) stock has based off its recent highs and is setting up another leg highs on the heels of a strong turnaround in the context of the reopening trend. While the Company was a winner during the pandemic as consumers immersed themselves i... Read the Full Story |
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Markets | |
It seems like summer always becomes the most expensive month of the year for my family. Between summer vacations, landscaping projects (why are rocks, found in nature, so expensive?!) and more… Yikes. It's easy to slide into debt. The truth is, no matter how savvy of a trader or investor yo... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Markets | |
This Is Why The FED Will Hike Rates This Year
If the COVID-19 pandemic was the defining Black Swan event of our generation, rising inflation is the white swan event that will dominate our lives for the foreseeable future. White Swan events, events that are easily predictable and easily avoided b... Read the Full Story |
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Markets | |
Lordstown Motors Growth Story Falls Apart
What was once one of the most promising SPAC-related EV growth stories in the market, Lordstown Motors (NASDAQ: RIDE), may be falling apart. Lordstown Motors’ decline began earlier this year when Hindenburg research released its short report and the... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Markets | |
Weak Results Belie HEXO Corp’s Fundamental Strength
HEXO Corp (NYSE: HEXO) has been one of our favorite Canadian cannabis companies for quite some time. The company started as one of Canada's smaller yet better run vertically integrated producers but is about to edge out its larger competi... Read the Full Story |
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Consumer Discretionary | |
For a fashion, specifically athletic fashion, company, Lululemon (NASDAQ: LULU) is trading very much like a tech stock. Maybe it has to do with them being listed on the tech heavy NASDAQ, but over the past 18 months they’ve traded broadly in line with the likes of Apple (NASDAQ: AAPL), Faceb... Read the Full Story |
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Markets | |
I got to thinking about the retirement calculators that automatically pop up when I check my retirement account balances. In my case, I always get a message that says, "You are XX% on track toward your retirement goals."
When you check out an online calculator, you can use them, but remember tha... Read the Full Story |
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Retail/Wholesale | |
We all know by now that meme stocks aren’t driven by any concerns about fundamentals; however, stocks like Silvergate Capital (NYSE: SI), Aviat Networks (NASDAQ: AVNW) and Denbury (NYSE: DEN) are riding high on the back of exceptionally strong earnings growth.
Typically, investors consider... Read the Full Story |
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Markets | | Steakhouse operator Ruths Hospitality Group (NASDAQ: RUTH) shares have recovered since the pandemic as it peaked off $28.75 highs. The reopening is well underway as the U.S. puts the pandemic in the rearview mirror with the acceleration of COVID vaccinations. With almost all restaurants open and ope... Read the Full Story |
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The Early Bird Stock Of The Day Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages. Its U.S. Coffee segment offers finished goods relating to K-Cup pods, single serve brewers, specialty coffee, and ready to drink coffee products through Keurig.com website. The International segment provides sales in Canada, Mexico, the Caribbean, and other international markets from the manufacture and distribution of branded concentrates, syrup, and finished beverages; and sales in Canada from the manufacture and distribution of finished goods relating to the Company's single serve brewers, KCup pods, and other coffee products. It serves retailers, third-party bottlers and distributors, retail partners, hotel chains, office coffee distributors, and end-use consumers. The company offers its products under the Dr Pepper, Canada Dry, Green Mountain Coffee Roasters, Snapple, Mott's, The Original Donut Shop, Clamato, and Core Hydration brand name. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts. | | View Today's Stock Pick |
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