Good MorningEquity markets wavered on Thursday following several days of upward action. The S&P 500, however, remains below its 30-day EMA and in a downward trend driven by an increasingly cloudy near-term outlook for earnings growth. While there is increasing chatter about improvement in the economy in the back half of the year there is an equal amount cautioning the current quarter and 2nd quarter of 2022 could be disappointing. Not only are inflationary pressures cutting into earnings but supply chain headwinds persist and are impeding top-line growth as well.
Also on tap is the February Non-farm payrolls report. The report is expected to show upward of 400,000 new jobs added and could easily top that number with revisions. The biggest risk for the market, however, is in the wage data. Wage growth is expected to accelerate to 6.0% or higher and points to rising costs for businesses. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Commodities are raw materials either used directly such as food used indirectly to produce another product. For example, oil is a commodity that’s used in the production of many different goods and services. You can purchase physical goods, invest in stocks, purchase ETFs that track specific... Read the Full Story |
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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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These 3 Blue Chip Names Are Trading at Attractive Valuations
It’s not often that blue-chip stocks go on sale, but that’s exactly what has happened to a few of these iconic names in 2022 thanks to all of the market volatility. For the investors that are paying attention, these stocks c... Read the Full Story |
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Best Buy Moves Up On Growth Outlook
Best Buy (NYSE: BBY) just reported one of the most lackluster quarters we’ve seen this reporting period and yet shares are moving higher. Why? Because the company is actively investing in its future and a new growth trajectory is emerging. While it is ve... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Technology | |
Okta, Good Company Bad Margins
The institutions are shedding Okta (NASDAQ: OKTA) and we think you should too. The institutional activity was moderate in the 2nd half of 2021 but picked up noticeably in Q1 and not for the better. Net selling is worth about $3.5 billion or roughly 12.35% of the ma... Read the Full Story |
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Dutch Bros Inc Bottoms On Mixed Results
Dutch Bros Inc. (NYSE: BROS) issued a mixed report and garnered at least one price target reduction because of it, but the analysts still see value in the stock. The single price target reduction to hit our radar comes from Cowen which lowered the target t... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Technology | | It wasn’t so long ago that Zoom Video (NASDAQ: ZM) was being called the darling of all pandemic stocks, having been perfectly positioned to ride the work-from-home wave that broke in 2020. But like Icarus, Zoom appears to have flown too close to the sun and their shares look like they’re... Read the Full Story |
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Target These High-Yield Oil Stocks
If you are wondering where the price of oil is going or it is not too late to buy oil stocks we’re here to tell you that oil prices and the energy complex are going higher, much higher. We think WTI will go well over $130 per barrel and set a new all-time... Read the Full Story |
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Technology | | The Analysts Still Love Salesforce.com
The analysts still love Salesforce.com (NYSE: CRM) despite the round of price target reductions it just received. The company reported a stellar quarter and raised its guidance but the analyst still felt the need to adjust their targets. The takeaway is that, ... Read the Full Story |
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The United States is more than 5,000 miles away from Ukraine. American companies derive very little revenue from Ukraine. Some have exposure to Russia—albeit to a rapidly dwindling extent as world governments, corporations, and sports organizations continue to denounce the country’s at... Read the Full Story |
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These Quality Dividend-Paying Stocks Are Worth a Look in March
As we move into the month of March, dividend stocks remain some of the strongest options to consider in the current market environment. Whether you are concerned about the impacts of inflation or simply want to own stocks that are kno... Read the Full Story |
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Friday's Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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