Ardelyx, Inc. (NASDAQ: ARDX) is a clinical-stage biopharmaceutical company whose primary focus is the discovery, development, and commercialization of new, innovative, and non-systemic, small-molecule therapeutics specifically targeting gastrointestinal, metabolic, and cardio-renal diseases. Sinc....
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The Early Bird Newsletter
The Early Bird Newsletter

Tuesday, November 22nd

Good Morning

The equity market started the week on a cautious footing with the S&P 500 falling about 0.4% at the end of the day. There is a renewed fear of inflation and the FOMC following last week's commentary and economic data and, more importantly, the outlook for earnings continues to decline. The consensus for the Q4 period is now firmly in negative territory and the outlook for the 1st half of 2023 is not far behind.

The biggest risks for the market this week are the FOMC minutes on Wednesday afternoon and whatever news may come out. The FOMC minutes, at least, should reinforce the idea that the Fed is not yet done hiking interest rates. The takeaway here is that mortgage rates are going to be pushing 10% in 2023 and will have a deep and resounding impact on the broader economy.

Featured: Putin's "Violent Death" (The Oxford Club)

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Markets

Is Ardelyx is A Buy After Slip in Early 2022

Ardelyx, Inc. (NASDAQ: ARDX) is a clinical-stage biopharmaceutical company whose primary focus is the discovery, development, and commercialization of new, innovative, and non-systemic, small-molecule therapeutics specifically targeting gastrointestinal, metabolic, and cardio-renal diseases. Sinc...

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From Our Partners

Putin's "Violent Death"

Legendary Investor Paul Tudor Jones Predicts "Violent Death" for Putin. Few people know this, but Putin just made the single biggest mistake of his life. It's not invading Ukraine... but it could have a profound effect on world markets.

A market expert breaks down the opportunity here.

Politics

Asian stocks mixed after Wall St slide, China virus fears

Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown. Shanghai and Tokyo advanced while Hong Kong declined. Oil prices gained. Wall Street's benchmark S&P 500 index declined for anoth...

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Politics

EXPLAINER: Rail strike would have wide impact on US economy

American consumers and nearly every industry will be affected if freight trains grind to a halt next month. One of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over concerns about demanding schedules and the lack of paid ...

Read the Full Story >>

From Our Partners

Putin's "Violent Death"

Legendary Investor Paul Tudor Jones Predicts "Violent Death" for Putin. Few people know this, but Putin just made the single biggest mistake of his life. It's not invading Ukraine... but it could have a profound effect on world markets.

A market expert breaks down the opportunity here.

Politics

OECD forecast: High rates and inflation to slow world growth

Hobbled by high interest rates, punishing inflation and Russia’s war against Ukraine, the world economy is expected to eke out only modest growth this year and to expand even more tepidly in 2023. That was the sobering forecast issued Tuesday by the Paris-based Organization for Econom...

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Stocks

Three Ways To Win The Online Gambling Industry 

The online gambling industry is the 10th hottest industry in the US in 2022 and that is saying something. This industry is small at roughly $11 billion in value but growing rapidly and up 45% on a YOY basis as of late November. The industry is expected to continue to grow at a high-double-digit CA...

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From Our Partners

Investment Opportunity - Our #1 Pick

Only invest in defense contractors that have actual defense contracts. This way, you know the technology is solid and they've been properly vetted to provide cutting-edge technology to the military. This company has won government contracts and is our #1 pick.

Click here

Markets

Is This the Right Time to Invest in Alibaba?

Global online marketplace Alibaba Group Holding Ltd. (NYSE: BABA) posted its most recent quarter on November 17 and the results were mixed. While some investors may have been okay with the lukewarm report, the stock took a tumble and is now 75% lower than its all-time high ($317.14 in October 2020...

Read the Full Story >>

Politics

German extends energy subsidy plan for consumers, companies

Consumers and businesses in Germany will receive subsidies to soften the blow of higher natural gas and electricity prices starting in January, two months earlier than originally planned, officials said Tuesday. The move is part of a larger pot of almost 300 billion euros (dollars) in...

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Politics

Auditors in Iraq uncover staggering $2.5 billion tax fraud

Auditors in Iraq have uncovered a massive scheme in which a network of businesses and officials embezzled some $2.5 billion from the country’s tax authority, despite layers of safeguards. The scandal poses an early test for Iraq’s new government, which was formed late last month after...

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Markets

Will the Return of Bob Iger Return the Magic to Disney Stock?

The Walt Disney Company (NYSE:DIS) energized what is normally a quiet trading week by announcing the ousting of CEO Bob Chapek and the return of former CEO Bob Iger. The stock is up over 6% in midday trading. However, it was up over 9% in pre-market trading.   The news comes less than a year...

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Markets

NVIDIA Corporation: Too Many Comeback Catalysts to Ignore

NVIDIA Corporation (NASDAQ: NVDA) is no stranger to comebacks. In the fourth quarter of 2018, the artificial intelligence (AI) chipmaker’s shares were slashed by 52% amid fears of rising interest rates, a global economic slowdown and cryptocurrency issues.  Sound familiar? In the...

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The Early Bird Stock Of The Day

Tuesday: Stock Being Upgraded

The TJX Companies, Inc.

The TJX Companies, Inc.

The TJX Cos., Inc. engages in the retail of apparel and home fashion products. It operates through the following business segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The Marmaxx segment sells family apparel including apparel, home fashions, and other merchandise. The HomeGoods segment offers an assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids, and gourmet food departments. The TJX Canada segment operates the Winners, Marshalls, and HomeSense chains in Canada. The TJX International segment includes operations of T.K. Maxx and Homesense chains in Europe and the T.K. Maxx chain in Australia. The company was founded by Bernard Cammarata in 1976 and is headquartered in Framingham, MA.

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