Good MorningEquities plummetted again on Tuesday following another escalation of fighting in Ukraine. A convoy of Russian military equipment is bearing down on Kyiv and threatens to topple the embattled country. The news helped to send the price of West Texas Intermediate up by 10% and to a new high, breaking the price action out of a bullish pattern and putting it on track to set a new all-time high within a matter of weeks. The S&P 500 shed nearly 2.0% on the news and is threatening to fall back below the important 4,300 level once again.
Trading today will be impacted by geopolitical news as well as economic data. The ADP report is due out and could alter the tone of the market. Last month, the ADP came in well below expectations and pointed to topping if not contraction within the economy. If that story is repeated with this month's data it will be another weight for the market to bear and the market is already buckling. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Consumer Discretionary | |
Each year, Americans chuck millions of tons of textiles into landfills. As these discarded remnants decompose, they release methane, dyes and chemicals, which pollute the air and contaminate groundwater and soil. Who knew that throwing out a ratty T-shirt could have major effects on the planet?
R... 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.
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Technology | |
These companies are positioned to build on the tepid recovery in chip stocks
It’s been almost a week since Russia invaded Ukraine and the conflict continues to take a toll on U.S. equity markets. Semiconductor companies are among the latest to ban sales to Russia.
The significance of th... Read the Full Story |
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Consumer Staples | |
Hormel Rockets Higher On Record Results
The institutions have been buying Hormel (NYSE: HRL) and we are not surprised by the news. The institutions have been shifting their attention to blue chips and dividends including Consumer Staples and we see that trend continuing for the foreseeable futur... 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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Finance | |
With its stock trading close to all-time lows, crypto exchange Coinbase (NASDAQ: COIN) released their Q4 earnings last week to a curious Wall Street. At first glance, they made for good reading. Analysts had been expecting their EPS to come in at $1.89, but they delivered a 75% beat on that with a... Read the Full Story |
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Aerospace | |
The Best Offense is a Good Defense
Geopolitical events like the current conflict between Russia and Ukraine can cause some big moves in financial markets, which is evident in the price action investors have witnessed over the last few days. Commodity prices have been soaring, equity markets have ... 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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Markets | | Chicken and pork products producer Pilgrim’s Pride (NYSE: PPC) stock collapsed on its Q4 2021 earnings results providing cheaper entry levels for investors. The Company is seeing unprecedented cost inflation, supply chain disruptions, and labor shortages in Europe and the U.S. However, labor s... Read the Full Story |
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Markets | |
Usually, politics and stock picking doesn't brew a pot of political turmoil to the same degree as budget negotiations in a joint session of Congress. However, some companies' focus on wokeness and other social justice issues raise the ire of some conservatives.
If you believe that companies shou... Read the Full Story |
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Basic Materials | |
With Russian forces bearing down on Ukraine’s largest cities, gold prices are bearing down on $2,000 an ounce for the first time since they breached the milestone in August 2020.
The impact of the Russia-Ukraine war has been widely felt across the capital markets including many commodities.... Read the Full Story |
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Consumer Staples | |
The J.M. Smucker Company Falls On Weak Guidance
The J.M. Smucker Company (NYSE: SJM) had a great FQ3 but one thing is clear - it is weighing on share prices. The supply chain and inflationary disruptions are impacting FQ4 results, the current quarter, and the company guided the market lower beca... Read the Full Story |
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Retail/Wholesale | |
Wendy’s Moves Lower On Results, Outlook
Shares of Wendy’s (NASDAQ: WEN) are moving lower following the Q4 release and we think this is an opportunity to buy into the market. The company’s Q4 results and outlook are better than expected, if marginally, and by no means warrant a ... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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