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: 5 dividend stocks worth owning in any market condition (Ad) 
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Auto/Tires/Trucks | |
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 | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Auto/Tires/Trucks | |
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 | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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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 | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Retail/Wholesale | |
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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Retail/Wholesale | | 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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Retail/Wholesale | |
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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Retail/Wholesale | |
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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