Good MorningEquities traders shrugged off another hot inflation report in favor of the earnings outlook. The Consumer Price Index was released Wednesday morning and shows the pace of inflation advanced 0.5% over the past month, exactly as expected. The Dark Cloud hanging over the market is the fact year-over-year inflation remains high and steady at 5.4% and points to continued pressure on consumer spending. The S&P 500 was able to advance another 0.25% in a quiet day of training and set a new all-time high.
The market is not out of the woods, however. The Producer Price index is due out this week as well and will add another shade to the inflation picture. If producer prices continue to rise at a steady pace they will lead to higher consumer prices down the road. If the S&P 500 cannot keep up with the pace of inflation it will cut into the pace of earnings growth and weigh heavily on index prices later in the year.
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Markets | |
In 2021, 401(k) plans held an estimated $6.9 trillion in assets, including employer-sponsored retirement plans (both defined benefit and defined contribution plans with private- and public-sector employers), individual retirement accounts (IRAs) and annuities. In 2011, 401(k) assets added up to $3... Read the Full Story |
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Retail/Wholesale | |
Premium Brand Canada Goose Goes On Sale
Canada Goose (NYSE: GOOS) is an interesting story because of its unique positioning within the retail market. A premium brand and one out of reach for many consumers, the company is heavily dependent on wholesales and brick-and-mortar but has been working d... Read the Full Story |
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Markets | |
Analyst ratings are an imperfect science. However, they do reflect the sentiment of individuals who have significant knowledge of a company’s operations. Ratings are done on a scale from 1.00 to 4.00. A score of 4.00 is equivalent to a “strong-buy” rating. By contrast, a score of... 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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Consumer Discretionary | | Casual and workwear maker Duluth Holdings (NASDAQ: DLTH) stock has sold off despite strong earnings momentum is providing an opportunity for prudent investors. The denim and workwear company sells its products through retail and outlet locations as well as online and through catalogs. The Company wa... Read the Full Story |
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Construction | | Even though the economy is not necessarily out of the woods yet in terms of recovering from the impacts of the pandemic, now might be a great time to look at increasing exposure to cyclical stocks. These companies are sensitive to economic or business cycles, which means they are poised to outperfor... 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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Business Services | | Recent IPOs ZIM Integrates Shipping Services (NYSE: ZIM), Cricut (NASDAQ: CRCT) and DLocal (NASDAQ: DLO) are showing behaviors very typical of promising young stocks.
All three rose higher after their initial public offerings, and all three settled into potentially constructive areas of consolidati... Read the Full Story |
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Consumer Discretionary | | Despite having had to watch their shares crumble more than 90% from 2017 into early 2021, investors of well-known cinema name AMC Entertainment (NYSE: AMC) have had a serious reversal of fortunes in the six months since. As has been well documented, they started to find themselves high on lists of t... Read the Full Story |
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Finance | |
Now It's Time To Buy Coinbase
Coinbase (NASDAQ: COIN) was one of the most hyped IPOs of the first half of 2021. Coinbase was also one of the most disappointing IPOs of 2021. While technically not a standard initial public offering, the company's direct listing was eagerly met by retail investors ... Read the Full Story |
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Industrials | | Document management solutions and systems provide Xerox Holdings Corporation (NYSE: XRX) stock has been in compression for several months. While the Company suffered during the pandemic, it is a reopening play as it expects to see workers return to the office in droves starting in Q3 2021, thanks to... Read the Full Story |
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Finance | | Although growth stocks can certainly expose investors to volatility given their lofty valuations and sensitivity to interest rates, their upside potential helps to justify the risk. These are innovative and high-quality companies with earnings that are expected to grow at an above-average rate when ... Read the Full Story |
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The Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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