Good MorningEquities resumed their decline on Thursday following weaker than expected results from FAANG stocks Facebook and Amazon. Facebook led the fall with a 20% plunge that puts the stock deep into correction territory. The biggest takeaway from the reports is that COVID-19 induced tailwinds are no longer blowing. The S&P 500 fell nearly 2.5% at the end of the session with the NASDAQ Composite down 3.75%.
Friday's trading will be all about the Non-Farm Payroll report. The report is expected to be much weaker than first speculated due to the weak ADP report on Wednesday. If the report confirms the market's fears the selloff could deepen. The best-case scenario is a retest of the recent lows followed by another rebound. The Worst-case is that support will fail and the market will enter a prolonged contraction that could wipe another 20% of value off the books. Featured: The Calm Before the Rotation — What’s Quietly Building Now (Stock Wire News) (Ad) 
|
Consumer Discretionary | |
Near-Term Headwinds Send Ford To 4-Month Low
Shares of Ford (NYSE: F) are down in the wake of the Q4 earnings report and we are cheering the move. The decline has the stock trading at a 4-month low and levels almost too good to pass up with the long-term outlook for car sales and EV the way that... Read the Full Story |
|
From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
|
Industrials | |
Having been among the quickest of the airlines to get their shares back to pre-pandemic levels, Southwest Airlines (NYSE: LUV) have struggled to keep the momentum in recent months. Their stock’s recovery peaked at the start of last summer, and shares have fallen as much as 40% in the meantim... Read the Full Story |
|
Materials | |
These Lesser-Known Stocks Are Poised to Outperform
It’s easy for investors to get caught up in the most high-profile companies in the market. After all, these big names have delivered massive gains over the long term and make up a massive portion of equity indexes. With that said, it can al... Read the Full Story |
|
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 |
|
Markets | |
More than 400 new exchange-traded funds (ETFs) were launched last year. According to Morningstar, new funds hauled in approximately $800 million as the popularity of the one-size-fits-all investment vehicle continued to soar in 2021.
That momentum is expected to carry over into 2022. Experts say ... Read the Full Story |
|
Markets | |
Newzoo, a gaming market and analytics firm, estimated that the gaming market generated revenue of $177.8 billion last year, which reflects a jump of 23.1% year-over-year.
Video games showed up in arcades in the 1960s at malls or local convenience stores. The 1970s propted PCs on a wider scale and... Read the Full Story |
|
From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
|
Consumer Staples | |
Hershey Company Rises On Price Increases
Hershey Company (NYSE: HSY) is no bad investment but it is one of the higher-valued stocks in the consumer staples group. The stock trades at roughly 27X its forward earnings but you do get a lot for what you pay for. The Hershey Company is one of the bes... Read the Full Story |
|
Communication Services | | Global satellite communication provider Iridium (NASDAQ: IRDM) stock has been coming back down to earth since peaking at $54.65 a year ago. The provider of mobile voice and data communications services to enterprises, governments, and consumers globally. The Company is a play on mobility which has b... Read the Full Story |
|
Technology | |
Lumentum Holdings, It’s Always Darkest Before The Dawn
Institutions have been selling shares of Lumentum Holdings (NASDAQ: LITE) recently and, based on the outlook for Q3 results, we are not surprised. The net of activity over the last 12 months is been $0.23 billion in favor of the bears w... Read the Full Story |
|
Industrials | |
High-yield, Deep-value Snap-on Looks Buyable At These Levels
Shares of Snap-on Incorporated (NYSE: SNA) lost their luster in the second half of 2021 but those times may be over. After bobbing along at the $215 level for the last 8 months the company is presenting a deep-value/high-yield combinat... Read the Full Story |
|
Industrials | |
W.W. Grainger Is Everything An Investor Could Want
W.W. Grainger (NYSE: GWW) is a highly-valued stock but you get a lot for what you pay for. Trading at 25.5X its forward earnings estimate it is well above the broad market average but this is a blue-chip stock we’re talking about, and one ... Read the Full Story |
|
Friday's Early Bird Stock Of The Day Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California. | | View Today's Stock Pick |
|
