Good MorningEquities rebounded last week and looks like they might keep moving higher. The move was aided by expansionary economic data and earnings but there are still risks for the market. The NFP report was surprisingly strong and coupled with robust wage increases that should give additional impetus to the FOMC. The chatter now is to expect a 50 basis point rate hike in March and even more aggressive rate hikes later in the year.
This week will be all about the CPI data. The earnings season is still underway but there will be few surprises now, with more than 50% of the S&P 500 having already reported. The CPI is expected to expand but at a slower rate than the previous month but there is risk the YOY figures could be hot and provide even more reason for the Fed to hike rates. In that scenario, an overly aggressive Fed could cause the economy to stall. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
These 3 Stocks Could Be Great Deals At Current Levels
It doesn’t matter what you are buying, nothing compares to the feeling of getting a good deal. That can certainly hold true in the stock market, as adding shares of great companies that have pulled back substantially from their recent hi... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Consumer Staples | |
Deep-Value Tyson Foods Breaks Out On Strong Results
Tyson Foods (NYSE: TSN) is being supported by higher pricing across all of its product lines but there is more to the story than that. While the company is experiencing double-digit price increases it is also working hard on internal efficienci... Read the Full Story |
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Technology | | Electronics manufacturer Jabil Circuit (NYSE: JBL) stock has be relatively resilient amidst the sell-off in the benchmark indexes. The Company manufactures electronics products various diversified industries including mobility, healthcare, connected devices, automotive, digital print, retail industr... 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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Consumer Discretionary | |
Three years ago, the U.S. Supreme Court struck down the federal ban on sports gambling and left it up to state governments. Many states have legalized sports betting or have begun the process of making it happen.
That could mean some serious coin in your pocket if you live in one of the states t... Read the Full Story |
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Markets | |
For bullish investors will a strong earnings report be enough
Enphase Energy (NASDAQ: ENPH) is up 17% since closing at $119.97 on January 27, 2022. At that point, ENPH stock was down 55% from its closing price of $267.74 that it hit on November 19, 2021. It’s likely that investors became c... 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.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Technology | |
onsemi Is Ready To Move Higher
Shares of onsemi (NASDAQ: ON) corrected more than 27% over the past few months for no good fundamental reason. No good fundamental reason for the company, that is, because there is a good fundamental aspect of the market that can account for the selloff and that is... Read the Full Story |
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Finance | |
Shares of LPL (NASDAQ: LPLA) closed 4.79% higher Friday, at $181.24, following better-than-expected fourth-quarter results.
The San Diego-based brokerage and investment advisor earned $1.63 per share on revenue of $2.094 billion, year-over-year increases of 7% and 32%, respectively. The company b... Read the Full Story |
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Consumer Discretionary | |
Johnson Outdoors Falls To Key Support On Supply Chain Woe
Johnson Outdoors (NASDAQ: JOUT) emerged as a pandemic winner early in the rebound and, unlike some others, the COVID-19 inspired tailwinds continue to blow. The problem for the company isn’t demand, because demand remains high in all... Read the Full Story |
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Medical | | Diversified global medical science products maker Abbott (NYSE: ABT) stock has sold off with the benchmark indexes in a throw the baby out with the bathwater type reaction. The medical products behemoth saw strength across nearly all of its divisions while delivering nearly 300 million COVID-19 test... Read the Full Story |
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Medical | | Robotic surgery systems solutions provider Intuitive Surgical (NASDAQ: IRSG) stock is down (-18%) for the year outpacing the benchmark indexes. The maker of the da Vinci robotic surgery system is continuing to improves its Gen 4 robotic architecture and continues to grow sales at over 16% annually. ... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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