Good MorningEquity markets tread water on Tuesday ahead of remarks expected from Fed Chief Jerome Powell. Mr. Powell is expected to comment on inflation and could give insight into when and how high inflation will peak. There is a growing expectation on Wall Street the Fed Chief will both raise the target for peak inflation and extend the duration that it lasts. If this is the case the S&P 500 will most likely begin correction once again.
Also on tap this week, the PCE price index. The PCE price index is expected to cool on a month-to-month basis but should remain high and in-line with current FOMC expectations. The risk is the PCE will affirm the expectation for higher inflation that lasts longer, an event that will seal the deal on the S&P 500's next move. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
Despite worries that higher inflation and lower consumer sentiment would slow Black Friday sales, companies such as Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Sony Group (NYSE: SONY) notched strong sales.
Although consumers are tightening their belts as prices for food, fuel, and other b... Read the Full Story |
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Medical | |
Investing in pot stock has been one wild ride for Organigram (NASDAQ: OGI). The industry got off to a rip-roaring start, saw its value increase meteorically, and then slowly faded away as the hopes and dreams of cannabis profits slipped away. Now, roughly 4 years since the legalization of adult-us... Read the Full Story |
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Markets | |
Hibbett Sports (NASDAQ: HIBB) reported a strong Q3 but strength is in the eye of the beholder. The company’s robust growth and outlook for the year is strong for investors but not so much for the analysts who had been expecting so much more. The takeaway is that strength in the market is ebb... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Retail/Wholesale | |
This summer, few investors were ordering shares of fast food chain operator Restaurant Brands International Inc. (NYSE: QSR). With gasoline prices soaring, fewer road trips meant fewer stops at Burger King, Tim Hortons, Popeyes, and Firehouse Subs.
Toss in a side of increased food and labor cost... Read the Full Story |
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Technology | |
Zoom Video (NASDAQ: ZM) has gone from an obscure but easy-to-use video communications platform to becoming a verb synonymous with video conferencing and remote engagement driven by the COVID-19 pandemic. Zoom Video was one of the major benefactors of the pandemic that helped usher in the “ne... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
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Markets | |
One of the more significant talking points among market analysts in 2022 has been the status of the yield curve. The yield curve is a visual representation of the relationship between bond yields and the maturity length of different bonds. The two most often referenced bonds in terms of the yield ... Read the Full Story |
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Markets | |
The U.S. apparel market is forecast to contract 2% this year. Not bad considering the myriad of challenges facing clothing manufacturers and retailers. Ongoing supply chain disruption, higher materials costs and inventory build-ups have weighed on the industry in 2022.
Thankfully, apparel investo... Read the Full Story |
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Technology | |
Cloud computing investors will be cautiously waiting for Snowflake, Inc. (NYSE: SNOW) to post their most recent earnings results, later this week. This could help to clarify what to expect from cloud computing growth moving forward, especially in anticipation of other, larger firms, who will not r... Read the Full Story |
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Industrials | |
The sell-side support for Deere & Co (NYSE: DE) is high and rising and may help drive the stock to a new all-time high. The institutional activity alone suggests the stock will move higher as it has been bullish for 3 of the last 4 quarters and netted about 2.3% of the market cap. This has the... Read the Full Story |
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Consumer Discretionary | |
The global hotel industry (NYSEARCA: HOTL), headwinds aside, is experiencing a rebound in business that is expected to continue for the next 5 to 7 years. The rebound is driven in large part by post-pandemic reopenings, business travel and tourism which has been pent up since 2022 and only now rea... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety. This segment provides its insurance products to businesses, state and local government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. Old Republic International Corporation was founded in 1923 and is based in Chicago, Illinois. | | View Today's Stock Pick |
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