Good MorningEquity markets began the week on uneven footing after weaker-than-expected data from China renewed fears of slowing global economic growth. The rise of delta covid in China and its impact on retail sales is only the latest risk face by the market but one that could spark another 20% correction. The S&P 500 whipsawed from losses near 1% to small gains by the end of the day.
The market's attention on Tuesday will be firmly on US retail sales. Last week's surprise decline in consumer confidence may foreshadow a weaker-than-expected report. Analysts are expecting sales to decline by -0.2% from the previous month, a weaker-than-expected number could easily send the market moving lower, and retail sales data is not the only risk The market is also looking for earnings reports from Walmart, Target, and Home Depot, any of which could move the market.
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Consumer Discretionary | | Weight management products and services provider Weight Watchers International (NYSE: WW) stock was pummeled on its Q2 2021 earnings results. While results were admittedly underwhelming, the guidance shocked investors as shares collapsed. The Company admits that consumer habits are reverting back to... Read the Full Story |
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From Our Partners | | Elon Musk bought Super Bowl ad time at $266,000 per second - something he has never done before. 125 million Americans watched, but Whitney Tilson, former manager of a $200 million hedge fund, says most investors missed what it actually means.
With 1 in 3 Super Bowl viewers using buy-now-pay-later services and 40% of Americans carrying more credit card debt than savings, Tilson believes Elon's message reveals a major economic current - and a clear signal for where smart money should be positioned. | | Watch Tilson's free presentation to see what he thinks you should do now |
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Finance | |
Back in July 2020, GoHealth (NASDAQ: GOCO) was being touted as the next major player in the online health insurance space. Eleven months later, some investors are wondering if the company will even survive.
Since making their Nasdaq debut at $25, GoHealth shares have gone in only one direction&md... Read the Full Story |
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Retail/Wholesale | |
Two Retail Winners For The Second Half Of 2021
While the mainstream media is focused on the bigger more important issues at hand the stock market is quietly going about its business. Part of that business is upgrading and downgrading stocks and Monday's news included two upgrades that we find int... Read the Full Story |
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From Our Partners | | The U.S. Treasury still carries America's gold reserves at $42 per ounce — a price set generations ago. Buried in U.S. Code Title 31, Section 5117 is a provision allowing the Treasury to revalue those reserves to modern market prices. With gold now trading above $2,600 and record government debt putting pressure on the monetary system, attention is returning to this mechanism and what a revaluation could mean for the dollar and for private gold holders. Historically, when monetary systems shift, wealth doesn't disappear — it moves. The U.S. Gold Bureau has put together a complimentary Precious Metals IRA investor guide for Americans looking to understand how to position ahead of the next phase. | | Request Your Free Precious Metals IRA Guide from the U.S. Gold Bureau |
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Technology | | Finding growing companies with diverse business models such as Sea Limited (NYSE: SE) is one of the smartest ways to generate outsized returns for your portfolio. With that said, it’s important to avoid companies that are over diversified, as this can lead to a lack of focus and edge for a bus... Read the Full Story |
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Markets | |
You know the long list of investment regrets: Not starting to invest soon enough, selling at the wrong time, going for the safe option, et cetera, et cetera.
However, the only path forward can sometimes involve… well, simply moving forward. Here's how to deal with the investment regrets y... Read the Full Story |
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From Our Partners | | This feels like one of those ''where were you when Kennedy was shot'' moments. It felt like a moment in time, but that single shot started an avalanche of investigations, accusations, and conspiracy theories.
That's what you just witnessed with the death of the Ayatolla Khamenei.
Because the strikes proved how fragile things can get: billions could be lost. Seniors and the vulnerable put at risk. | | So to make it easy, Get the 2026 Retirement Survival Guide. Plain-English, step-by-step |
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Transportation | |
FreightCar America Raises Guidance For The Second Time
We expected a lot more from FreightCar America, Inc (NASDAQ: RAIL)and so did the analysts. The company's revenue missed consensus by a wide margin on less than expected deliveries but the details of the report are mixed. While Business was sl... Read the Full Story |
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Retail/Wholesale | | Grocery chain operator The Kroger Company (NYSE: KR) stock has been rising along with other grocers as the markets figure food inflation will bolster margins and the bottom line. While investors initially assumed the pandemic triggered an acceleration of stockpiling which results in a market-induced... Read the Full Story |
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Consumer Staples | | Darling Ingredients (NYSE: DAR) has been etching a consolidation for the past since mid-March, and is trading 1.3% below its March 15 high.
The company develops and produces ingredients from edible and inedible bio-nutrients. It operates in four segments: Feed Ingredients, food Ingredients, and fu... Read the Full Story |
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Basic Materials | |
It’s been a week since Barrick Gold (NYSE:GOLD) reported earnings and GOLD stock has barely moved. In fact, GOLD stock is down 17.5% in 2021 despite turning positive briefly in May.
I suppose investors could be concerned about a year-over-year revenue decline. But that would seem to be off... Read the Full Story |
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Markets | |
Inovio (NYSE: INO) stock is trying to hang on to a small gain after the company reported earnings on August 9. Shares of the biotech company are essentially flat for the year, and yet INO stockholders have been taken on a wild ride for much longer than that. There are a couple of reasons for that.... Read the Full Story |
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The Early Bird Stock Of The Day NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions. It offers retail electricity and energy management, line and surge protection products, HVAC installation, repair and maintenance, home protection products, carbon offsets, back-up power stations, portable power, portable solar, and portable lighting; retail services comprising demand response, commodity sales, energy efficiency, and energy management solutions; and system power, distributed generation, renewable and low-carbon products, carbon management and specialty services, backup generation, storage and distributed solar, and energy advisory services. In addition, the company trades in power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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