Good MorningEquities continued their rebound on Tuesday with the S&P 500 up about three-quarters of one percent by the end of the day. The rebound may be losing steam, however, because the move was small relative to the prior two sessions and faces stiff resistance at the short-term moving average. If the S&P 500 index can not get back above the 30-day moving average within the next few days to a week the market could be in for a retest of the recent lows. That retest may be caused by earnings, this week more than 20% of the index reports for the Q4 period, and so far the reports have not been inspiring. At best, consensus estimates are being beaten but the outlook for Q1 and Q2 2022 earnings growth is dimming.
The economic data is not helping with the earnings picture. The data is expansionary but the bulk of Tuesday's report revealed ongoing labor shortages and rising labor costs which are underpinning inflation. The non-farm jobs report is due out on Friday and is expected to show more of the same. The consensus estimate is a mere 166,000 net new jobs and a dramatic slow down from the previous few months. Featured: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
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Industrials | |
Lennox Is A Buy At Lower Levels Than These
The question is not if Lennox (NYSE: LII) was able to produce growth but how badly was its business impacted by inflation, supply chain issues, and shipping disruptions? The company did not quantify those impacts but we can assume they easily run into t... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
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Markets | |
Peer-to-peer (P2P) lending sounds exactly like what it is — a form of online lending in which individual investors work directly with people or businesses seeking loans.
If you're thinking about the risks involved in investing in peer-to-peer loans and instead, would rather invest in the co... Read the Full Story |
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Finance | |
Focus on Buying Quality During Market Dips
Whenever the market declines in a significant manner, there are typically two camps of investors. Some prefer to play defense and reduce their exposure to the sectors that are causing the most portfolio downside. This is certainly important, as it’... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Consumer Discretionary | |
Connected home fitness equipment maker and platform Peloton (NASDAQ: PTON) stock has fallen over (-85%) off its pandemic highs at $171.09. A string of bad news and miscalculations caused shares to fall out of favor as the sentiment in the stock has gotten very bearish. The only respite was a takeo... Read the Full Story |
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Materials | |
Mixed Results Leave Scotts-Miracle Gro Feeling Flat
We were expecting some strength in the Scotts-Miracle Gro (NYSE: SMG) earnings report and we got some albeit a lot weaker strength than what we were looking for. Based on the market’s reaction, it too was looking for more in the results b... Read the Full Story |
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From Our Partners | | AI is expanding beyond software into robots, factories, vehicles, and intelligent machines. That shift could create a new group of market leaders before most investors notice.
A complimentary report, 5 Stocks Powering the Physical AI Revolution, identifies five companies positioned at the center of this shift, along with the technologies, growth drivers, and risks to understand. | | Get your free copy before physical AI becomes Wall Street's next crowded trade |
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Industrials | |
United Parcel Service Guides Higher, Ups Dividend
United Parcel Service (NYSE: UPS) Q4 results and 2022 guidance are what you get when you combine internal operational efficiency, high demand, and pricing increases. The company’s efforts and business resulted in not only strong results but... Read the Full Story |
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Materials | |
Cabot Raises Guidance After Strong Quarter
Shares of Cabot Corporation (NYSE: CBT) are moving higher after reporting a very strong quarter. The company is perfectly positioned as a specialty chemical maker servicing virtually all industries and seeing systemwide demand. Demand is so strong, in f... Read the Full Story |
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Consumer Staples | | Grocery chain operator The Kroger Company (NYSE: KR) stock has been faring better than the benchmark indexes during the market sell-off of 2022. The Company is in a key consumer staples segment. The onslaught of winter storms in the new year is causing a run on grocery stores despite the supply chai... Read the Full Story |
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Markets | | Media company Discovery Networks (NASDAQ: DISCA) stock has been recovering since the lows of the Archegos Capital margin call forced liquidation fiasco that plunged the stock from $78.14 highs to $21.66 lows in 2021. In the meantime, Discovery made a deal with communications giant AT&T (NYSE: T... Read the Full Story |
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Markets | |
Consider Adding Shares of These Payment Processing Kings Now
Visa (NYSE:V) and Mastercard (NYSE:MA) are two of the most important names in the digital payments industry. These global leaders have forever changed the way that consumers, businesses, and governments handle financial transactions and... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Omega Healthcare Investors, Inc. engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings. The company was founded on March 31, 1992 and is headquartered in Hunt Valley, MD. | | View Today's Stock Pick |
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