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: Elon’s big $266,000 per second purchase (Ad) 
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Retail/Wholesale | | 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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Retail/Wholesale | |
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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Industrials | |
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 | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Industrials | |
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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Medical | |
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 | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
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Medical | |
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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Retail/Wholesale | |
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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