Good MorningThe equities market began to pull back last week and might be headed lower. The reason is rising interest rates and a Hawkish Fed that keeps upping the timeline for interest rate hikes. The FOMC minutes revealed the first hike could come by March and there are indications the pace of hikes could be aggressive. This week, investors will be on the lookout for the CPI, PPI, and Beige Book data that are all expected to reinforce the need for aggressive rate hiking.
The most important data this week may come out on Friday, however, in the form of the Retail Sales figures. The numbers are expected to be positive, the question is how strong will they be in relation to inflation. With inflation running at a high-single-digit rate the Retail Sales figure will need to come in near 10% for there to be any real growth of activity.
Featured: The case for trading fewer setups, not more (Ad) 
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Auto/Tires/Trucks | |
Electric vehicle (EV) maker and hydrogen energy solutions firm Nikola (NASDAQ: NKLA) stock has seen a resurgence in recent events. Shares of the former SPAC took a dramatic sell-off on the ouster of its former CEO Trevor Milton and fraud allegations. However, the Company is rebuilding its reputati... 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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Auto/Tires/Trucks | |
Recreational vehicle (RV) maker THOR Industries (NYSE: THO) stock has fallen nearly (-30%) off its 2021 highs despite recording monster earnings beats. The Company expects continued supply chain disruptions, cost pressures, and logistical challenges. While business was bolstered during the pandemi... Read the Full Story |
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Consumer Staples | |
Institutions Buy WD-40 Company, Support Price Action
WD-40 Company (NASDAQ: WDFC) produced a mixed FQ1/Calendar Q1 but the results were strong enough to spark short-covering. With the short-interest sitting at over 12% coming into January there is quite a bit of fuel for this fire, enough perhap... 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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Retail/Wholesale | | Interactive entertainment restaurant operator Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) stock has been resilient during the post-pandemic market sell-off. The iconic dine and play chain has all its 143 stores operating in the quarter with the addition of one new store. Despite the resur... Read the Full Story |
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Markets | |
Bank Stocks That Could Be Set to Break Higher in 2022
With so many stocks off to a turbulent start in 2022, investors that are interested in putting some money to work need to be extra careful at this time. Equity markets are becoming increasingly bifurcated, as value stocks are outperforming gro... 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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Medical | |
There's a long list of reasons to consider health care stocks, and they don't all relate to the coronavirus vaccine, as you might assume.
Why invest in health care stocks? Easy.
According to the Commonwealth Fund, the U.S. spends more on health care as a share of the economy than any other coun... Read the Full Story |
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Markets | |
Foodservice Rebound Drives Lamb Weston Higher
We were expecting to see some fairly strong results from Lamb Weston (NASDAQ: LW) and we were not disappointed. The company is being supported by a robust rebound in the foodservice channel that is coupled with pricing increases and driving results a... Read the Full Story |
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Markets | |
You already know that MarketBeat is a reputable source of financial information that can hold its own against any of its native digital competitors. But how does MarketBeat stand up against a financial news network? That’s the purpose of this article.
In this case, we’ll be comparing ... Read the Full Story |
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Consumer Staples | |
Helen Of Troy Reports Strong Momentum In Q3
Helen Of Troy (NASDAQ: HELE) reported a truly astonishing quarter relative to the analyst’s estimates and has proven one thing if nothing else; the company is navigating the supply chain and inflationary headwinds with grace and style. Not only i... Read the Full Story |
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Retail/Wholesale | |
Walgreens Boots Alliance Invests In Labor, Sales Rise
Walgreen’s (NASDAQ: WBA) reported a great quarter in which it beat on the top and bottom lines, and raised guidance, and yet shares are falling. The market appears to have latched onto the company’s increase in labor-related spend... Read the Full Story |
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The Early Bird Stock Of The Day Telecom Argentina S.A., together with its subsidiaries, provides telecommunications services. The company offers mobile telecommunications services, including voice communications, high-speed mobile Internet content and applications download, online streaming, and other services; and sells mobile communication devices, such as handsets, Modems MiFi and wingles, and smart watches. It also internet connectivity products, including virtual private network services, traditional Internet protocol links, and other products; and programming and other cable television services. In addition, the company offers telephone services, including local, domestic, and international long-distance telephone services, as well as public telephone services; and other related supplementary services, such as call waiting, call forwarding, conference calls, caller ID, voice mail, itemized billing, and maintenance services. Further, it provides Infrastructure, interconnection, datacenter, Internet, value added, and international long-distance services; and data services, including data transmission, virtual private networks, symmetric Internet access, national and international signal transport, and videoconferencing services; Personal Pay, a digital wallet service; and management and administration services. The company was formerly known as Cablevisión S.A. and changed its name to Telecom Argentina S.A. in January 2018. Telecom Argentina S.A. was founded in 1979 and is based in Buenos Aires, Argentina. | | View Today's Stock Pick |
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