Good MorningThe rebound in equities took a breather on the last trading day of the quarter with the S&P 500 pulling back about 1.0% at the low of the session. The move is not unexpected after the violent updraft the market has seen over the past two weeks but there are some signs of danger in it as well. The candle signal is bearish and could signal a deeper pullback in stocks and it comes the day before the dreaded PCE price index. The PCE price index is the Fed's favored tool for measuring consumer inflation and it is expected to be a hot one. Core consumer prices are expected to accelerate to 5.5% YOY and come in above expectations. Even if the figures are cooler than expected, inflation is still running hot and aggressive rate actions are expected over the next two meetings. Featured: SAGA Metals nears a key milestone in critical minerals race (Ad) 
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Consumer Staples | |
We Wrote Off Cal-Maine Foods Too Soon
Cal-Maine (NASDAQ: CALM) Foods struggled with profitability last year leading us to write the stock off at the end of 2021. That was a mistake because right about the time we were cutting the stock loose from our coverage sphere the egg-market fundamentals t... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Consumer Discretionary | |
The stock market theme of 2022 might be corrections and more corrections. Electric vehicle (EV) stocks are no stranger to the troubles plaguing the market. The S&P 500 has nosedived about 12% since February after riding out highs at the beginning of the year. Unfortunately, the corrections kil... Read the Full Story |
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Finance | | Brazilian point-of-sale (POS) financial technology provider StoneCo (NASDAQ: STNE) stock has had a spectacular collapse from its high of $93.42 on Feb. 17, 2021, to a low of $8.05 on March 15, 2022. The multichannel fintech software and solutions provider was hit on multiple fronts including rising ... Read the Full Story |
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From Our Partners | | Trader Chris Pulver says a new SEC document dropping the day-trading limit to $2,000 has created the biggest retail opportunity he has seen in over 30 years.
His strategy targets what he calls Flashpoints - moments when market makers must move billions of dollars on the S-P 500 in a narrow window. Research shows one recent signal would have returned 83.7% in 36 minutes and another 62.8% in 51 minutes.
Lance Ippolito flew to Utah for a full breakdown of the method. | | Tap here to see the complete Flashpoint trading breakdown now |
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Technology | | Human capital management and financial work flow solutions provider Workday (NASDAQ: WDAY) stock has bottomed with the market indexes as it mounts a recovery off its recent lows under $206. The enterprise cloud provider of its industry leading HCM applications and CFO suite of financial software too... Read the Full Story |
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Healthcare | |
These 3 Dow Stocks Have Rock-Solid Businesses
While investing can get complicated quickly, keeping things simple by adding industry-leading companies to your long-term holdings tends to work out over the years. Whether investors are seeking safe stock picks in an uncertain macroeconomic environme... Read the Full Story |
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From Our Partners | | Lance Ippolito spent nearly two decades trading the markets, appearing on MoneyShow, Cheddar TV, CNN Money, and MarketBeat.
His free guide, Options Trading Explained, covers two tickers pros call their secret weapon, Wall Street's daily hidden edge, and a strategy that targets payouts around 4 PM ET.
It also explains how to avoid overnight risk when trading options. | | Download your free options trading guide now |
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Consumer Discretionary | |
Slowing Growth And Margin Pressure Send RH Lower
RH (NYSE: RH) isn’t ailing but there are two things clear in the Q4 earnings report and subsequent conference call. The first is that growth is slowing. Growth is slowing from the very high 78% YOY pace set in Q1 and it is expected to contin... Read the Full Story |
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Consumer Staples | |
Once a niche corner of the investment world, ESG investing is now mainstream.
Since the turn of the century, corporations have devoted more and more resources to promoting sound environmental, social, and governance practices in conjunction with tighter regulatory scrutiny. It is a trend that has... Read the Full Story |
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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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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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Thursday's Early Bird Stock Of The Day ExxonMobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, catalysts, and licensing services. It sells its products under the Exxon, Esso, and Mobil brands. The Chemical Products segment manufactures and markets petrochemicals, including olefins, polyolefins, and intermediates. The Specialty Products segment offers performance products, including lubricants, basestocks, waxes, synthetics, elastomers, and resins. The company is also involved in the manufacturing, trade, transport, and selling crude oil, natural gas, petroleum products, petrochemicals, and other specialty products in pursuit of lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. Exxon Mobil Corporation was founded in 1870 and is based in Spring, Texas. | | View Today's Stock Pick |
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