Good MorningThe major indices fell for a fourth day on Wednesday setting new lows in the process. The S&P 500 closed near the low of the session with a decline of 1.84% and below the key 4,300 level. With the index at this new low, the odds of a much deeper decline have risen. The next key line in the sand is at the low of Wednesday's session and, if broken, investors can look forward to another 200 point decline in the broad market.
The next key test for the market will come on Friday with the release of the PCE price index. The index is the Fed's favored tool for measuring consumer-level inflation and it is expected to be hot. The takeaway here is the fundamental conditions on which the market rally is based are about to be changed at a more aggressive rate than anyone thought possible. The risk for the market is tremendous. Featured: The case for trading fewer setups, not more (Ad) 
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Retail/Wholesale | |
Tailwinds Diminish, Headwinds Grow For Wayfair
Wayfair (NYSE: W) was one of the most exciting plays of the post-pandemic world but now that story is played. The two things that are abundantly clear in the Q4 results are that 1) the COVID tailwinds are no longer blowing and 2) the headwinds are m... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Consumer Staples | |
Keurig Dr. Pepper Earnings Fall Flat
Shares of Keurig Dr. Pepper (NASDAQ: KDP) have been riding higher on a wave of revenue and earnings driven by post-pandemic spending and the completion of the company’s merger obligations. Those obligations have now been met and with results that have ex... Read the Full Story |
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Retail/Wholesale | |
The TJX Companies Confirms Support At Bottom Of Range
The TJX Companies (NYSE: TJX) is a great example of what a buying opportunity looks like. The company gave a lackluster report and sent shares through the floor but buyers were quick to step in and reverse the action. More importantly, the pr... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Auto/Tires/Trucks | |
Camping World Falls For No Good Reason
Shares of Camping World (NYSE: CWH) are falling for no good reason other than the acceleration of growth sparked by the pandemic has peaked. The business is failing and it hasn’t stopped growing but YOY growth is slowing on a quarterly basis and the o... Read the Full Story |
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Business Services | |
We often hear about the ‘Goldilocks’ economy as being the ideal scenario for U.S. economic growth. Not so hot that inflation boils over, and not so cold that growth is anemic. The term could also apply to the world of stock investing.
Many investors consider the U.S. mid-cap space to... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Finance | | Discount broker Charles Schwab (NYSE: SCHW) stock has weathered the market sell-off relatively unscathed as shares have been trading in a 10-point range. The Q4 2021 earnings report revealed a shortfall in revenues stemming from lower trading revenues. The sharp collapse in meme and momentum stocks ... Read the Full Story |
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Markets | |
Preferred stocks aren't exactly stocks, but they aren't exactly bonds, either. They linger on the spectrum somewhere between the two. However, in a volatile world (especially if you're inching nearer to retirement) you may want to lean on something different. Read: Check out preferred stocks as a ... Read the Full Story |
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Markets | | Online pet products and services platform Chewy, Inc. (NASDAQ: CHWY) stock rocketed up to $120 from $21.68 lows during the pandemic as stay at home mandates favored contactless delivery of pet supplies. The reopening phase has seen its shares sell-off coupled by the sell-off in the benchmark indexes... Read the Full Story |
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Technology | |
Market Weakness Can Offer Great Buying Opportunities
Making the decision to buy a stock during a volatile period in the market can certainly be rewarding. After all, adding shares into overreactions and sharp declines offers an opportunity to gain exposure to top-notch companies at prices that mi... Read the Full Story |
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Markets | |
Is Now The Time To Buy Tempur Sealy International?
Shares of Tempur Sealy International (NYSE: TPX) tanked 20% in the wake of the Q4 earnings report and we can’t for the life of us fathom the reason why. The short interest is a tad high at 5% but not so high as to spark such a deep decline... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties. As of December 31, 2023, ILPT's portfolio consisted of 411 properties containing approximately 60 million rentable square feet located in 39 states. Approximately 77% of ILPT's annualized rental revenues as of December 31, 2023 are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023 and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. | | View Today's Stock Pick |
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