Good MorningThe rebound in equities continued on Tuesday with the S&P 500 moving about a half of a percent to the highest level in over 6 weeks. The move was driven by another round of economic data that shows rising home prices, rising consumer confidence, and near-record levels of job openings. The caveat for investors, however, is that the week's key economic reports are still due out and the price action on Tuesday was dubious at best.
On the economic front, the monthly labor data is due out this week starting with today's release of the ADP report. the report should show another month of strong job creation which is a two-edged sword for the economy. Improved employment is a definite benefit to the economy but is ultimately driving wage inflation and there is inflation data due out this week as well. The PCE price index is expected to show another acceleration in YOY inflation and we will not be surprised to see it come in hotter than the analysts are expecting. Featured: Millionaire Trader: “Tech Stocks Are Overrated, Do THIS, Instead” (Legacy Research) 
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Markets | | |
These Clean Energy Stocks Could Offer a Green Future for Your Portfolio
If the recent jaw-dropping rally in oil prices has reminded us of anything, it's that our need for renewable energy sources has never been greater. With oil prices elevated thanks to the conflict between Russia and Ukraine, t... Read the Full Story |
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From Our PartnersStep-by-step guide to trading - and winning - in any market conditions with just ONE stock. | | | | Learn More. |
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Politics | | | As millions of people in Shanghai line up for coronavirus tests, authorities are promising tax refunds for shopkeepers in the closed-down metropolis and to keep the world's busiest port functioning to limit disruption to industry and trade.
This week's shutdown of most activity in Chi... Read the Full Story |
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Politics | | | Chinese authorities sought to reassure companies and jittery investors on Tuesday as a two-phase lockdown of Shanghai’s 26 million people entered its second day, casting an unusual quiet over the normally bustling center of finance, manufacturing and trade.
The omicron outbreak in Sha... Read the Full Story |
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Markets | | |
They say every dog has its day.
For U.S. large cap stocks, that day has finally arrived for some of the year’s biggest underperformers.
The Russell 1000’s 11% rebound from last month’s low has given some much-needed relief for a market struggling with a volatile concoctio... Read the Full Story |
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Tech | | | Nielsen is being acquired for $16 billion, including debt, about a week after the media measurement company rejected a smaller offer earlier this month.
Viewing data collected by Nielsen plays a big role in determining where billions in advertising dollars are spent each year. The com... Read the Full Story |
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From Our PartnersStep-by-step guide to trading and winning in any market conditions with just ONE stock. | | | | Continue Reading |
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Tech | | | A Vietnamese automaker announced plans Tuesday to build a plant in North Carolina to manufacture electric vehicles, promising to bring 7,500 jobs and ending the state's streak of near-misses for landing carmakers.
VinFast will build its first North American plant in Chatham County sou... Read the Full Story |
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Tech | | | A woman accused of harassing Apple CEO Tim Cook with pleas for sex and other crude suggestions before showing up at his Silicon Valley home in a threatening manner last October agreed to stay way from him for the next three years under an agreement approved Tuesday Read the Full Story |
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Stocks | | |
“Lululemon (NASDAQ: LULU) rallies after topping estimates for the holiday quarter, posting strong guidance”. This was one of the headlines that broke shortly after the athleisure company released its fiscal Q4 earnings on Tuesday evening and which summed it up nicely. They reported tha... Read the Full Story |
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Markets | | | We’ve had our eyes on Solo Brands (NYSE: DTC) since its IPO a few months ago. In that time, the company has largely outperformed its expectations and seen its share steadily move lower. These facts may seem out of alignment and they are, the main reason for the downtrend in price action is an apathetic market and a large amount of short interest. Read the Full Story |
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Markets | | | Iconic luxury fashion brand Ralph Lauren (NYSE: RL) stock has been in a trading range despite the benchmark index sell-off in 2022. The Company has emerged from its reorganization running on all cylinders. Ralph Lauren was successful in offsetting increased logistics and freight costs with a success... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 223 hotels with more than 29,400 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 99 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. | | View Today's Stock Pick |
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