Good MorningEquities tried to bounce back on Thursday but investors shouldn’t read too much into the news. The S&P 500 gave up the gains in the final hour of trading and closed with a loss of 1.1%. The best the market can hope for now is for a sideways movement to begin as we enter the peak of the Q4 earnings cycle but we are not hopeful. While reports are coming in better than expected the outperformance has been marginal and reflects the two-edged sword of inflation: Inflation is boosting revenue is hurting profitability.
Next week will be a make-or-break moment for the S&P 500. If the index can maintain support above 4,500 the odds of a major correction will diminish greatly. As it is, the index is on track to put in at least a 5% correction and as much as a 6% correction before finding support. If the market falls below 4,500 however, a move down to the 4,300 level becomes very likely.
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Consumer Discretionary | |
Netflix; The COVID Glow Has Worn Off
If you have been worrying about the stock market and the risks of a correction Netflix (NASDAQ: NFLX) Q4 aren’t going to make you happy. It’s not so much that results are bad so much as they aren’t dazzling like they’ve been so often i... 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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Medical | |
The stock market’s January 2022 swoon has spared few sectors and health care has been one of the biggest underperformers. Biotech names have been especially hard hit as is often the case during risk-off mode. Less than three weeks into the new year, the Nasdaq Biotech Index is down 10% compa... Read the Full Story |
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Finance | |
Investments during the pandemic have set these banks up for growth
The prospect of rising interest rates and more hawkish monetary policy is viewed as a bullish sign for financial stocks. However, many of the “big banks” look to have a lot of growth already priced in. On the other en... 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 | |
DoorDash Investors Face Headwinds To Profits
If you are wondering why DoorDash (NYSE: DASH) stock is having such a hard time in the market we’re here to tell you it is because of insider selling. Not only is this a low-float stock with only 58% of the shares available to trade but the insi... Read the Full Story |
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Transportation | |
The Uptrend In Union Pacific Is Intact And Ongoing
A look at the long-term chart of monthly Union Pacific (NYSE: UNP) candlesticks makes one thing glaringly evident. This stock is in a long-term uptrend and only going higher. Based on the Q4 results, our outlook for 2022, and the stock’s p... 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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Markets | |
Well, it's certainly true that the materials sector is one of the most ho-hum sectors on Wall Street. However, there's no denying that stock mavens perked up at certain points during 2021 when certain materials stocks began to glisten in the limelight.
Economic recovery from the lingering effect... Read the Full Story |
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Markets | | Enterprise artificial intelligence (AI) search platform provider Yext (NASDAQ: YEXT) stock has been grinding lower towards the pandemic lows. The Company integrates AI to provide answers for customer inquiries utilizing search and voice assistants. The Yext knowledge platform is connected to many fa... Read the Full Story |
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Retail/Wholesale | |
Bearish Action Can Present Some of the Best Long-Term Buying Opportunities
With bears growling in a big way to start the year in equity markets, the savviest investors are putting together shopping lists of great companies to consider buying at bargain prices. While it's never easy to put capital... Read the Full Story |
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Industrials | |
Alcoa Is Emerging From A Massive Turnaround Effort
Alcoa (NYSE: AA) may have lost its status as the market bellwether but its results are something investors should pay attention to. The company has been working hard to restructure the business, divest itself of underperforming assets, resolve d... Read the Full Story |
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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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Friday's Early Bird Stock Of The Day Kirkland's, Inc. operates as a specialty retailer of home décor and furnishings in the United States. Its stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance, lighting, floral, housewares, outdoor, and gifts. The company operates its stores under the Kirkland's, Kirkland's Home, Kirkland's Home Outlet, Kirkland's Outlet, and Kirkland Collection names. It also operates an e-commerce website, kirklands.com. The company was founded in 1966 and is headquartered in Brentwood, Tennessee. | | View Today's Stock Pick |
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