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: The $6,000/month living cost problem traditional investing can't fix (Ad) 
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Consumer Discretionary | |
Insiders And Institutions Are Buying Ford In 2022
Executive Chairman of Ford (NYSE: F) William Clay, Jr. surprised the market by disclosing his second purchase of company stock in the last 3 months. The new purchase is worth 267,697 shares or about $4.5 million which combines with the December a... Read the Full Story |
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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 |
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Consumer Discretionary | |
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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Consumer Discretionary | |
“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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From Our Partners | | When Moonshot AI's new model rattled overnight markets, stocks gapped down 1 percent before the open, and history shows the story doesn't end there.
Between 9 30 and 9 50 AM, Wall Street settles nearly 25 percent of the day's total volume in a single 20 minute window, often revealing market direction for the rest of the morning.
A former money manager breaks down the floor data behind this pattern, including a June 25th session where inflation surged past 4 percent and the market moved just 0.3 percent afterward. | | Watch the full video breakdown before access is taken down |
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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 concoction of ... Read the Full Story |
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Consumer Discretionary | | 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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From Our Partners | | Chris Pulver has used one daily trading setup more than 600 times over the past two years.
The pattern works whether the market is trending higher, lower, or sideways, and can be started with as little as $1,000, just five minutes after the opening bell.
Pulver walks through the entire setup step by step, including how to plan your next trade. | | See the full daily trading setup breakdown now |
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Consumer Discretionary | |
Solo Brands Has Strong Quarter But Guides Weak
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 m... Read the Full Story |
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Consumer Discretionary | | Sporting goods retailer Big 5 Sporting Goods (NASDAQ: BGFV) shares have be fallen (-60%) off its post-pandemic highs as benchmark indexes fell. The shares of the pandemic benefactor are starting to stage a rally despite losing some steam from the pent-up demand fueled reopening period. The latest qu... Read the Full Story |
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Consumer Discretionary | |
Academy Sports + Outdoors Is On The Rebound
Academy Sports + Outdoors (NASDAQ: ASO) Q4 results prove that America’s love of the outdoors is as strong as ever. The company’s results not only beat on the top and bottom lines but the guidance is good as well. In this light, the stock i... Read the Full Story |
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Consumer Discretionary | |
Dave & Buster’s Moves Higher But We’re Not Buying It
Dave & Buster’s (NASDAQ: PLAY) recovery is well underway but there is a snag that we think will cap gains in the near term at least. While the recovery is well underway, it is not quite as strong as it could have been ... Read the Full Story |
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Consumer Discretionary | |
The Lovesac Company Rockets Higher On Results And Outlook
The Lovesac Company (NASDAQ: LOVE) is among our favorite plays in a favorite sector. The company is supported not only by secular tailwinds in the furniture industry but its own hypergrowth story, a story the institutions have been bettin... 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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