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: He started with $2,000. Now he's at $3 million. (Ad) 
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Consumer Discretionary | |
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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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Healthcare | |
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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Consumer Discretionary | |
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 | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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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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Consumer Discretionary | |
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 | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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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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Energy | |
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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Consumer Discretionary | |
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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Consumer Discretionary | |
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 Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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