Good MorningThe selling intensified on Wall Street last week as earnings come into sharp focus. While the bulk of S&P 500 companies are reporting better than expected the outlook is weakening under the strain of inflation and supply chain hurdles. With the index down more than 7.0% from its recent high, it looks like the broad market is in for at least a 10% correction if not more. The tech-heavy NASDAQ Composite is already down more than 10% and heading lower.
This week could seal the deal on a major market correction. Not only is the FOMC expected to be hawkish with its statements but there are key reads on consumer confidence, housing, business spending, GDP, and consumer level inflation as well as dozens of earnings reports from S&P 500 companies.
Featured: The case for trading fewer setups, not more (Ad) 
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Finance | | Cryptocurrency trading marketplace Coinbase (NASDAQ: COIN) stock has plunged with the technology stocks and cryptocurrencies losing more than (-23%) in January 2022. The popular digital crypto trading app platform has grown tremendously in parallel with the explosion in cryptocurrency values and pop... 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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Markets | | Swiss footwear maker On Holding AG (NYSE: ONON) stock has been cut in half since hitting highs of $55.87 in November 2021. Ironically, its Q3 2021 earnings represents the strongest quarter in the history of On Holding. The Company IPO’ed in September 2021. The Company announced the development... Read the Full Story |
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Consumer Staples | |
The stock market’s impressive climb to fresh all-time highs in 2021 coincided with a record of a different sort. Insider stock sales topped $170 billion for the first time last year as company executives, board members, and influential institutions took advantage of favorable prices and prof... 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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Technology | |
Telecommunications has made great strides since just five years ago (consider the leaps it has made since 10 years ago!) Due to changing consumer habits and preferences, speed, accessibility and security, the industry continues to make the experience better for customers and the industry as a whol... Read the Full Story |
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Medical | |
Healthcare Stocks Are Appealing in Any Market Environment
It’s fair to say that the healthcare sector is one of the most intriguing areas of the market for investors to explore. After all, a global pandemic has reminded the world of just how important quality medical care is. Healthcare spe... 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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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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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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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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Monday's Early Bird Stock Of The Day The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paints and coatings, and protective and marine products, as well as OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications, automotive refinish products, protective and marine coatings, coil coatings, packaging coatings, and performance-based resins and colorants. It serves retailers, dealers, jobbers, licensees, and other third-party distributors through its branches and direct sales staff, as well as through outside sales representatives. The company has operations primarily in the North and South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio. | | View Today's Stock Pick |
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