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: The top stock. Ticker. Revealed for everyone to see. (Ad) 
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Construction | |
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 | | If a stock trades at $300, most investors assume they need $300 per share. Sean Allison says that assumption may be costing you opportunities.
He's running a free training called the Zero-Dollar Trade Advantage, walking through a strategy for traders who've passed on positions simply because the price seemed out of reach. | | Reserve your seat now and rethink how you approach capital requirements |
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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 | | The U.S. Treasury still carries America's gold reserves at $42 per ounce — a price set generations ago. Buried in U.S. Code Title 31, Section 5117 is a provision allowing the Treasury to revalue those reserves to modern market prices. With gold now trading above $2,600 and record government debt putting pressure on the monetary system, attention is returning to this mechanism and what a revaluation could mean for the dollar and for private gold holders. Historically, when monetary systems shift, wealth doesn't disappear — it moves. The U.S. Gold Bureau has put together a complimentary Precious Metals IRA investor guide for Americans looking to understand how to position ahead of the next phase. | | Request Your Free Precious Metals IRA Guide from the U.S. Gold Bureau |
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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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Consumer Staples | |
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 | | In February 2016, Nvidia was trading at $2.51 split-adjusted - and a specific data pattern had already flagged it before Wall Street caught on.
That same pattern is now pointing at a single company. One analyst is revealing the ticker in a free presentation, available for a limited time. | | Access the free presentation and get the ticker before it closes |
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Transportation | |
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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Basic 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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Retail/Wholesale | | 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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