Good MorningEquities retreat for another week last week bringing the major indices down to multi-month low levels. The S&P 500, specifically, is now trading just above a key support level that could lead the index to another 10% decline if broken. At face value, it is the tensions in Russia and Ukraine that are driving the market lower but there is a deeper story. The unexpected acceleration of inflation and the growing expectation for aggressive FOMC rate hikes is what's really driving the market. The Fed is expected to hike rates at least 4 times by June and there is a real chance the committee could surprise with a 50 basis point hike at the March meeting. The Fed will continue to be in focus this week with the PCE price index due out on Friday. The PCE index is the Fed's favored tool for measuring consumer-level inflation and it is going to be another hot one.
Also on tap this week, are earnings from the retail sector led by a report from Home Depot. Home Depot is expected to show sustained YOY growth and there is upside risk in the top-line figure. The risk for the market is that inflation and supply chain headwinds will cut into the bottom line and dampen the outlook for Q1 and Q2 results. Featured: Wall Street Bets Big on Prediction Markets Heres a Microcap to Watch (Ad) 
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Technology | | Artificial intelligence (AI) mobility and virtual assistants solutions provider Cerence (NASDAQ: CRNC) stock has been decimated since the IPO highs. The Company provides AI-powered virtual assistants for companies and especially in the automotive industry. Cerence envisions the complete digitization... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Industrials | |
Sometimes a great earnings report just isn’t good enough
Timing frequently plays a role in the way investors react to a company’s earnings report. That looks like the case with John Deere (NYSE: DE). The stock is down over 2% in mid-day trading despite posting a beat on the top and b... Read the Full Story |
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Real Estate | |
The mobile homes or "double wides" you remember from "back in the day" have gone the way of the dodo bird. Since 1976, they have been replaced by modern manufactured homes, according to the Department of Housing and Urban Development (HUD).
What are manufactured homes, exactly? They're prefabrica... Read the Full Story |
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From Our Partners | | On January 1, 2027, new Pentagon rules tighten sourcing restrictions on critical minerals tied to foreign adversaries. China controls more than 90% of global rare earth processing capacity, while the U.S. imports 100% of its titanium sponge.
SAGA Metals has drilled more than 23,000 meters at its Radar project, with all 92 drill holes intersecting mineralization. A maiden mineral resource estimate is expected in Q4 2026, alongside ongoing drilling at the Wolverine heavy rare earth project. | | See what's next for SAGA Metals before the deadline hits |
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Consumer Staples | |
Sometimes you don't want to beat around the bush. You just want to know what the good companies are so you can plug them into your portfolio. However, it's not always that simple, because what's good for one investor or trader isn't always a slam-dunk for another.
In this piece, we'll take a loo... Read the Full Story |
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Consumer Discretionary | | It’s been three months since shares of e-commerce giant Amazon (NASDAQ: AMZN) printed fresh all time highs, a long time for investors who were getting used to it being a daily thing for much of last year. But 2022 is shaping up to be a totally different kind of year for tech stocks, and even c... Read the Full Story |
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From Our Partners | | Each morning, the Wave Software scans the market for stocks quietly building momentum over days or weeks, then narrows the list to a single name showing signs of an imminent move.
From there, it outlines specific options criteria designed to match that potential move, giving traders a complete setup before the market opens.
No guesswork, no scanning countless charts, just one focused opportunity to evaluate each day. | | See how the Wave Software pinpoints daily trade opportunities before 9 am. |
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Consumer Discretionary | |
Buy The Downdraft In Draftkings
Shares of Draftkings (NASDAQ: DKNG) are plunging in the wake of the Q4 earnings release but we think this is the time to buy the stock. The plunge is driven by the guidance which is expecting revenue growth but a wider than anticipated loss on the bottom line. Th... Read the Full Story |
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Healthcare | |
In the world of stock investing, there is capital appreciation and then there is income. The former is a fancier term for the growth component of an equity investment. The latter refers to the dividend payments that some companies make to shareholders.
Wouldn’t it be great to have your cake... Read the Full Story |
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Technology | | Electronics manufacturer Celestica (NYSE: CLS) stock has shown exceptional relative strength trading up nearly 10% for 2022. Celestica is outperforming the benchmark indexes and is poised to breakout higher. The Company is thriving during the supply chain and logistics disruption as it provides sour... Read the Full Story |
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Technology | |
The latest earnings report confirms that PLTR stock is a buy for only the most patient investors
Palantir (NYSE:PLTR) picked the wrong day to disappoint on earnings. PLTR stock is down over 11% after the big data company’s earnings per share came in lower than expected. This was more than ... Read the Full Story |
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Consumer Staples | |
Supply Chain No Issue For Walmart
Price action in Walmart (NYSE: WMT) trended strongly higher in the wake of the pandemic but hit a top last year that resulted in reversal. This reversal, as so many are, altered the trend from up to sideways putting the stock in a firm trading range. Now, more t... Read the Full Story |
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Monday's Early Bird Stock Of The Day Dynatrace, Inc. provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, delivers software, and enhance user experiences. In addition, the company offers implementation, consulting, and training services. It markets its products through a combination of direct sales team and a network of partners, including resellers, system integrators, and managed service providers. It serves customers in various industries comprising banking, financial services, government, insurance, retail and wholesale, transportation, and software. Dynatrace, Inc. was founded in 2005 and is headquartered in Waltham, Massachusetts. | | View Today's Stock Pick |
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