Good MorningThe equity market started the week on mixed footing following another round of weaker-than-expected Labor data. The May non-farm jobs report came in below expectations for the second month in a row raising serious doubts about the US economy's ability to rebound this summer. If the S&P 500 are unable to fill what is now a record number of open jobs all of the estimates for future earnings growth become meaningless and with them the value of S&P 500 stocks.
The market focus is also on the May read of the Consumer Price Index. The CPI data will be released later in the week and is the most current data on consumer inflation the market has. A hotter than expected number was released in May and cause the market to sell off on fears of rising interest rates. If the CPI data comes in hot again the market could be in for another big sell-off. The current consensus is for a gain of 0.5% from the previous month.
Featured: The case for trading fewer setups, not more (Ad) 
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Technology | | Shares of CrowdStrike (NASDAQ: CROWD) traded higher Monday as cybersecurity is in the spotlight, following ransomware attacks on a meat producer, a pipeline, the Martha’s Vineyard ferry, and other prominent networks.
Even the White House press briefing room on Monday featured an appearance b... 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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Technology | | One of the smartest strategies for successfully managing a long-term investment portfolio is to use the concept of diversification to your advantage. It’s a fairly easy technique to understand, as you don’t want to have all of your investment eggs in one basket. Diversification can help ... Read the Full Story |
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Consumer Discretionary | |
3 Ways To Invest In The Economic Reopening
Believe it or not, the post-pandemic economic reopening is upon us. What this means is more people moving about, going to work, and visiting all those places we’ve longed to visit over the past year. The reopening may take some time to gain moment... 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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Consumer Discretionary | |
Peloton (NASDAQ:PTON) posted a 1.2% gain in premarket trading on the strength of new analysis from Loop Capital. Not only have those gains held into this morning's session, but the company has added further momentum and has surged up 5% in this morning's trading session as of this writing. The big... Read the Full Story |
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Markets | |
Someone might at one point have said to you, "You've got to max out your 401(k)! Such a great idea!"
But is it? Your situation might dictate a completely different approach. For example, let's say you have a lot of high-interest debt. In that case, maxing out your 401(k) might not make the most ... 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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Services | |
3 Upgrades In e-Commerce Moving The Market Today
Digitization, the Internet, and e-commerce are among the biggest winners of the pandemic. Secular trends that had been growing by double-digits were accelerated to high double-digit and even triple-digit paces. As explosive as the growth was over t... Read the Full Story |
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Markets | |
That mortgage. It sure does hang over your head sometimes, doesn't it? However, with the right mindset and a commitment to pay it off, you can pay off the mortgage early.
It can save you thousands of dollars in the long run if you do decide to make that commitment. Take a look at this example:
... Read the Full Story |
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Energy | | The oil and gas industry has been dealing with monumental challenges since the onset of the pandemic. As global energy demand saw unprecedented declines and the clean energy narrative picked up steam, many investors headed for the exit doors in some of the historically best-performing oil stocks. Wi... Read the Full Story |
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Markets | |
A short trading week is ending on an upbeat note. The catalyst of the moment is a jobs report that came in not too hot and not too cold. For bullish investors, it means that the long-anticipated “V-shaped” recovery may be upon us. But it also means that the Fed is likely to refrain fro... Read the Full Story |
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Auto/Tires/Trucks | |
Is that a floor I see? That’s the question that ChargePoint Holdings (NYSE:CHPT) investors need to ask themselves?. CHPT stock went north of $40 per share in February, but for many reasons the stock dropped over 50% after the company began trading under the CHPT symbol.
However, after clo... Read the Full Story |
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The Early Bird Stock Of The Day Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services. It also offers voice communications services using voice over internet protocol technology; and broadband communications solutions, such as internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. In addition, the company provides mobile services; video programming, static IP and business WiFi, voice, and e-mail and security services; sells local advertising across various platforms for networks, such as TBS, CNN, and ESPN; sells advertising inventory to local sports and news channels; and offers Audience App to create data-driven linear TV campaigns for local advertisers. Further, the company offers communications products and managed service solutions; data connectivity services to mobile and wireline carriers on a wholesale basis; and owns and operates regional sports networks and news channels. It serves approximately 32 million customers in 41 states. Charter Communications, Inc.was founded in 1993 and is headquartered in Stamford, Connecticut. | | View Today's Stock Pick |
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