Good MorningEquities climbed again on Wednesday with the S&P 500 gaining roughly 1.0% at the high of the session. The move comes despite a much weaker than expected labor market report from ADP that shows a loss of 300,000 jobs in January versus the expected gain of 150,000 new jobs and raises serious questions about the economy. Labor markets are strong and demand for employees is high but if those jobs aren't filled the U.S. economy will have little hope of producing true economic expansion. As it is now, what expansion we have is more to do with inflation than anything else.
Now, all eyes are on the NFP report due out on Friday. The report was expected to show a slowdown in hiring before the ADP report came out, now the analysts are rethinking their estimates with the expectation job creation will be slower than first thought. A weak figure will not set a trend but it will create another brick for the wall of worry. Featured: He started with $2,000. Now he's at $3 million. (Ad) 
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Consumer Discretionary | | Athletic footwear and apparel retailer Foot Locker (NYSE: FL) stock has fallen despite blowout earnings and raised guidance. Consumer demand remains strong despite supply chain disruptions and rising inflation. The Company blew out its recent Q3 2021 earnings by $0.53 per share while revenues only g... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Consumer Discretionary | |
Brinker International Overcomes Inflationary Headwind
As much as we like to be right all the time that is just not the case and Brinker International (NYSE: EAT) is a good example. We called a bottom in Brinker International last summer that proved to be temporary but the underlying thesis remai... Read the Full Story |
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Materials | |
You might want to think that you're investing in companies that have strong corporate governance. Corporate governance is the third leg of ESG investing, which stands for environmental, social and governance. It's a form of socially responsible investing that prioritizes financial returns as well ... 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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Materials | |
As we approach the halfway point of the fourth quarter earnings season, there have thus far been two takeaways. According to Factset, 1) companies are beating earnings per share (EPS) estimates at an above-average rate, and 2) the magnitude of the beats has been below average.
So, while the first... Read the Full Story |
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Healthcare | |
These 3 Companies Exceeded Earnings Expectations Last Quarter
Investors should view each earnings season as the perfect opportunity to reassess their holdings and gain important insight into the companies that are worth allocating capital towards. Oftentimes, new leaders will emerge following thi... Read the Full Story |
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From Our Partners | | A small-cap gold and silver royalty company is generating record revenue from producing mines, yet shares still trade under 1 dollar.
It just signed the largest transaction in its history, a new gold streaming deal backed by a strategic relationship with a major mining investment firm.
A well-known sector financier has invested his own money and joins the CEO in an exclusive interview breaking down the full story. | | Click here for instant access to the free report now |
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Healthcare | |
AbbVie Falls Into Buying Opportunity On Mixed Results
Shares of AbbVie (NYSE: ABBV) fell in the wake of the Q4 results because the results were a little mixed in relation to the analyst's estimates. That dip resulted in a buy signal for the broader market, however, because mixed as they were, th... Read the Full Story |
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Technology | |
Advanced Micro Devices Blow Past All Expectations
Advanced Micro Devices (NASDAQ: AMD) put in a solid Q4 and it should be no surprise and yet it was. The company is well-positioned within the semiconductor industry with products in key categories like data centers, gaming, and personal computing ... Read the Full Story |
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Industrials | |
Emerson Electric Co. Raises Guidance On Strong Demand
Emerson Electric Co. (NYSE: EMR) is yet another example of a trend we’ve been seeing over the past few months. While institutional activity has been vigorous on both the bull and bear side of the equation the net of buying has been bull... Read the Full Story |
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Consumer Staples | |
At the surface January 2022 looks like a forgettable month for the stock market. Yet it may eventually be remembered as one of the biggest ‘buy the dip’ opportunities for investors.
Thankfully, the fast plunge into correction territory that jolted equity investors has stabilized in re... Read the Full Story |
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Technology | | After seeing the NASDAQ index fall close to 20% from the end of December through last week, knock-out earnings from Apple (NASDAQ: AAPL) were just what the tech sector needed to steady the ship. And boy did they deliver last week. Top line revenue of almost $124 billion smashed analyst expectations,... Read the Full Story |
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Thursday's Early Bird Stock Of The Day LendingClub Corporation, operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California. | | View Today's Stock Pick |
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