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: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
|
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 |
|
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 |
|
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 |
|
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 |
|
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 |
|
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 |
|
Industrials | |
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 |
|
From Our Partners | | Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experiment called Project Prophet - and documented everything on film.
Rooted in the laws of physics, this quantitative approach challenges conventional wealth-building wisdom. With 17 years of verified data behind it, Porter calls it unlike anything he has seen in nearly 30 years in the business. | | Watch the full investigation and decide for yourself |
|
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 |
|
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 |
|
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 |
|
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 |
|
Consumer Discretionary | |
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 |
|
Wednesday's Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
|