Good MorningThe market correction took on a new tone last week after a much hotter than expected CPI report. The consumer price index rose by 0.6% from last month and 7.5% from last year to set the fastest pace of price increases in four decades. The news compounds other data that point to aggressive interest rate hikes from the FOMC. The odds of at least two 25 basis point hikes have risen to near 75% for the March meeting, up significantly from an expectation of no rate hikes in March just a month or two ago.
This week will bring a raft of economic data including retail sales and the PPI. Retail sales are expected to increase on a YOY basis but much if not all of the increase will be due to inflation. The risk is that consumer activity is on the decline due to rising prices and may come in short of expectations. If the PPI data is hot as well it will only increase the outlook for inflation, FOMC interest rate hikes, and worsen the outlook for corporation earnings power. Featured: 379 passengers walked away from this (Ad) 
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Can't remember the last time you went to the grocery store and paid a reasonable price for steak, chicken, eggs, mayonnaise and cereal? It can wipe out your entire grocery budget in about a second.
Defensive stocks to the rescue. They can help you during high-inflation periods and downed cycles, ... Read the Full Story |
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You don’t need to trade stocks or own assets. Jeff Clark has used this strategy for years with elite clients, and now he’s revealing it in a short video for everyday Americans. | | Watch how to collect your first payout here |
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These Travel Stocks Could Be Ready to Take Off
Keeping things simple when it comes to investing is always a good idea, as it's fairly easy to overcomplicate things in financial markets. That’s why looking at travel stocks as the industry is poised for a rebound makes a lot of sense at... Read the Full Story |
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Politics | | | Mexico has acknowledged that the U.S. government has suspended all imports of Mexican avocados after a U.S. plant safety inspector in Mexico received a threat.
The surprise, temporary suspension was confirmed late Saturday on the eve of the Super Bowl, the biggest sales opportunity o... Read the Full Story |
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From Our Partners | | Ever feel like the market surges the second you step away from your screen? One minute you’re grabbing a coffee, and the next, your favorite stock just flew higher than a SpaceX rocket. Here’s the thing: You don’t have to miss out anymore. | | Get The Early Bird's Stock of the Day (Free) |
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Popular market trading fintech Robinhood (NASDAQ: HOOD) stock collapsed to $9.94 after peaking at $85 after its much anticipated IPO debut. Robinhood was instrumental in ushering in the age of zero-commission trading. However, it also brought on scrutiny in the controversial practices of order flo... Read the Full Story |
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Markets | | |
There’s beating earnings estimates…and then there’s crushing earnings estimates. Both are generally favorable events for longs. Yet it is the earnings crushers that make the biggest statements to the market.
Within the past week, 39 S&P 500 companies surpassed the consensus... Read the Full Story |
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From Our Partners | | Before trading any stock…
It’s important to know not just what the headlines say, but what the historical data reveals.
Right now, Tesla is making waves again—Elon Musk is in the news with his work at DOGE and Tesla’s ambitious new projects.
But here’s the thing…
No matter how many headlines or flashy tweets, the seasonal patterns in the market still matter!
For example: Our data shows that October 22nd to October 29th are the BEST days to buy Tesla.
With these Hotsheets, in one look you’d know the specific dates Tesla and dozens of other top stocks typically go up—and when they tend to drop. | | Get your FREE Stock Hotsheets today—just cover shipping and start trading smarter. |
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Politics | | | A special judicial committee has been appointed to weigh in on potential legal disputes over the estate of Emirati billionaire Majid Al Futtaim, seen by many as a key pillar of Dubai's tourism and economic growth.
Al Futtaim, whose eponymous company operates more than two dozen malls... Read the Full Story |
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Politics | | | In a photo posted in November, 18-year-old Sabee al Saidi wears bright-pink lipstick as she leans from the side of a wooden boat, a calm blue sea stretched out behind her. In a video, she smiles alongside a dozen other migrants, gesturing to a popular rap song.
A month later, Chaima B... Read the Full Story |
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Markets | | | The Super Bowl ads this year were heavy on nostalgia and star power. With ad space going for as much as $7 million for 30 seconds, it's crucial for Super Bowl advertisers to both get noticed and be entertaining.
This year, Budweiser showcased a Clydesdale's recovery, GM reunited some ... Read the Full Story |
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Tech | | | On the field, the Los Angeles Rams are facing off against the Cincinnati Bengals in Super Bowl 56. Off the field, Super Bowl advertisers aim to deliver a night of ads heavy with celebrities and nostalgia in an effort to entertain Americans weary of two years of pandemic living
Adverti... Read the Full Story |
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Markets | | | Global coffee products retailer Starbucks (NYSE: SBUX) stock has been basing in a shallow range setting up for another breakout heading into earnings season. The popular restaurant chain saw worse than expect results in its fiscal Q1 2022 results. The Omicron variant severely impacted top and bottom... Read the Full Story |
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Monday's Early Bird Stock Of The Day Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California. | | View Today's Stock Pick |
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