Good MorningEquities pulled back on Wednesday as geopolitical tension and rising oil prices sapped sentiment. The price of WTI rose more than 5.0% intraday to well over $115 and is well on its way to retesting the recent highs near $130. On the geopolitical front, NATO is stepping up its message to Putin including a show of troop strength that could trigger an armed response. Based on the geopolitical outlook and skew in the energy market, we are expecting to see the price of WTI move well above $130 before it peaks out for good.
In business news, headwinds are emerging for businesses that may cut into the outlook for 2022. With supply chain easing and economic acceleration expected in the 2nd half, this is not good news at all. The consensus estimate for S&P 500 earnings growth was already on the verge of decline, if these headwinds grow they could completely alter the outlook for the year and bring the S&P 500 crashing down. Featured: A letter from Shannon Stansberry (Ad) 
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Healthcare | |
As a contrarian investor, you invest against the crowd. (It's the perfect gig if you're someone who did your own thing in high school — you know who you are.) Contrarian investing means you pick up, say, shares of the foreign firm that nobody's talking about. If you let it casually slip to y... 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 Discretionary | | Specialty apparel retailer Urban Outfitters (NASDAQ: URBN) stock has been selling off with the retail sector during the post-holiday hangover period. Its Free People brand suffered logistics constraints as air and ocean cargo rates hit unprecedented levels which ate into margins. However, management... Read the Full Story |
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Markets | |
Whether shopping for clothes, furniture, or a ribeye steak, quality matters. The same goes for stock investing.
When building a long-term portfolio, investors need to find companies that can withstand the test of time. Being part of an industry that will be around for a while and having solid fun... Read the Full Story |
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From Our Partners | | Barrick, the world's second-largest gold miner, produced 7.77 million ounces in 2010. This year, output is expected to fall below 3.25 million ounces, despite a 2010 pledge to reach 9 million.
Newmont's 15 billion dollar Newcrest acquisition in 2023, the largest mining deal in history, still left production flat. Every ounce mined shrinks the value of the mine itself.
With record cash flows and shrinking reserves, majors face a stark choice: acquire high-quality junior assets or watch output keep declining. | | Discover the top three buyout targets poised to benefit from this shift |
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Industrials | |
Enerpac Tool Group Tanks On Weak Guidance
Enerpac Tool Group (NYSE: EPAC) is not the first company to report the impact of Russia’s war on Ukraine is affecting business. It is the first, however, that we’ve read, to quantify that impact as a headwind and to lump it together inflation... Read the Full Story |
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Consumer Discretionary | |
Winnebago Sustains Growth But Gets No Love From The Market
Winnebago (NYSE: WGO) shares are moving lower in the wake of the FQ2 earnings report for one reason and one reason alone. The company’s and the industry's strength has been well forecast so many in the market, including ourselves, ... Read the Full Story |
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From Our Partners | | Everything is lining up for this coin to surge... The Fed is easing. Liquidity is increasing. Trump's pro-crypto policies are accelerating. The GENIUS Act is reshaping the rules for stablecoins. Institutional barriers are falling.
When you get a macro tailwind AND strong fundamentals AND suppressed prices all at once? That's rare. That's the kind of setup I've seen lead to gains of 3,500%... 8,600%... even higher. | | Click here to get all the details. |
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Markets | |
As long as discretionary income remains under pressure, there’s a path for POSH stock
Poshmark (NASDAQ:POSH) reported mixed fourth-quarter and full-year 2021 earnings on March 22. However, after POSH stock dropped in after-hours and pre-market trading, the stock is staging a rally the morn... Read the Full Story |
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Consumer Discretionary | | They say you can’t keep a good stock down, and while the debate is still ongoing with regards to if Tesla (NASDAQ: TSLA) is a good stock or not, one thing is for sure; it certainly can’t be kept down long. The electric vehicle manufacturer has defied Wall Street’s expectations time... Read the Full Story |
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Industrials | |
Cintas Reversal Gains Momentum
Shares of Cintas (NASDAQ: CTAS) corrected over the last three months and have put in a bottom. The bottom began to form in late January with an uptick in institutional buying and the market has since traced out a nice looking Head & Shoulders Reversal Pattern a... Read the Full Story |
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Technology | |
These 3 Cloud Stocks Offer Compelling Upside
Cloud computing is certainly one of the most compelling trends in tech for investors to get behind. Although this innovative industry has already been around for a few years, there are still plenty of reasons to believe that companies offering cloud so... Read the Full Story |
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Finance | |
For long-term investors, portfolio management is a marathon and not a sprint. There are plenty of near-term distractions and hurdles along the way, but ultimately the focus is kept on a finish line several years if not decades ahead.
It only makes sense then to surround yourself with companies th... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need. The company's technology enabled OnTrak program provides healthcare solutions to members with behavioral conditions that cause or exacerbate chronic medical conditions, such as diabetes, hypertension, coronary artery disease, chronic obstructive pulmonary disease, and congestive heart failure. The OnTrak integrates evidence-based psychosocial and medical interventions delivered in-person or via telehealth along with care coaching and in-market community care coordinators, who address the social and environmental determinants of health. The company was formerly known as Catasys, Inc. and changed its name to Ontrak, Inc. in July 2020. Ontrak, Inc. was incorporated in 2003 and is headquartered in Miami, Florida. | | View Today's Stock Pick |
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