Good MorningThe broad S&P 500 fell again on Wednesday shedding more than 1% at the low of the day. On the one hand, the earnings season is a little better than expected in its first full week of the reporting season but on the other, the reports so far haven’t been much more than the market wanted and the outlook isn’t as good as it could be. Inflation and supply chain hurdles are still omnipresent and are having a deep impact on the economy.
Thursday’s trading will be focused on the economic data. After a weak Empire State Manufacturing Survey the Philadelphia MBOS will be more important than ever. The Empire State Survey showed a contraction of activity that could lead to a recession for the sector. In that scenario, we see the S&P 500 contraction getting deeper.
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Basic Materials | |
The “One Stock” H.B. Fuller Looks Even Better Than Ever
We got interested in H.B. Fuller (NYSE: FUL) early in 2021 because it looked like it could be the one stock to rule them all in 2021. The company manufacturers specialty chemicals and specifically adhesives, glues, and coatings f... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Retail/Wholesale | |
For a stock that has dropped 25% since the middle of September, Chipotle Mexican Grill (NYSE: CMG) is sure attracting a lot of favorable attention. You’d typically expect that kind of multi-month sell-off to be justified, and perhaps backed by several analyst downgrades, but not so with the ... Read the Full Story |
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Energy | |
Kinder Morgan Is A Yield Dividend Investors Need To Own
We called out Kinder Morgan (NYSE: KMI) as a buy last year with the idea its 6.75% was overly attractive and not likely to remain so high relative to share prices for long. Now, a year later, we are sticking by that outlook with this correct... Read the Full Story |
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From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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Technology | |
Take a Look at These 3 Blue Chips as Market Volatility Continues
Blue chip stocks are attractive to long-term investors for a number of reasons. These are companies that tend to have steady cash flows, appealing financial positions, and established businesses with a long history of success. They ... Read the Full Story |
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Energy | |
No question about it: Oil prices took a tumble at the beginning of the pandemic. However, last year, plenty of life breathed into the energy sector. Energy jogged to first place of all the sectors in the first half of 2021. In fact, oil prices reached their highest levels in six years.
But what ... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Retail/Wholesale | |
Strong Results No Balm For Fastenal Traders
Fastenal (NASDAQ: FAST) is a great company with a growing business but there is a problem. Trading at 37X its forward earnings it is very highly valued compared to the broad market and its growth isn’t all that spectacular. While we aren’t f... Read the Full Story |
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Consumer Discretionary | | Entertainment and sports content operator Endeavor Group Holdings (NYSE: EDR) stock has weathered the recent market sell-off. Endeavor has been the premiere reopening play as it provides key talent that enables streaming and live content in nearly all aspects of sports and entertainment. The Company... Read the Full Story |
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Business Services | |
Betting Big On Cricut, Inc
We like Cricut, Inc (NASDAQ: CRCT) so we are not surprised to see a major shareholder accumulating shares. What we are surprised about is the scope of that accumulation and what it may mean for future share prices. What we’re talking about are systematic, periodi... Read the Full Story |
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Medical | | United Health Might Be Bottoming But It’s Too Soon To Tell
United Health (NYSE: UNH) reported its Q4 revenue and earnings and caused share prices to rise. The rise was met with resistance, however, due to tepid guidance that did little to fan the flames of investor sentiment. The takeaway is... Read the Full Story |
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Finance | |
What Goes Up, Must Come Down, Eventually
If you are worried about an impending correction you have good reason to be. There are a number of factors weighing on the broad market S&P 500 (NYSEARCA: SPY) that could easily cause a 10%, 20%, or 30% correction in prices. While we could go on and o... Read the Full Story |
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Thursday's 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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