Good MorningEquities began to pull back again on Thursday ending what was otherwise a good March for stocks. The S&P 500 shed more than 1.5% at the low of the day and closed near the low of the session after the PCE price index came in at a new high. While the pace of acceleration cooled off on a month-to-month basis the YOY data shows both headline and core inflation have accelerated to new highs and the highest levels in four decades. With oil prices hovering above $100, it doesn't look like inflation is going to be tamed any time soon and the FOMC will need to be aggressive. The next FOMC meeting is only a month away and the market is pricing in a 50 basis point interest rate increase then and at the next meeting.
In other news, the non-farm payroll report is due out today and could drive market action. The report is expected to show a strong 490,000 new jobs in March and an uptick in wage growth. The risk for the market lay in the wage growth and a hot number could intensify fears of FOMC intervention. Featured: Nvidia insiders have sold every single week this year (Ad) 
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Performance in a key niche may very well determine the course of SPWH stock
Sportsman’s Warehouse (NASDAQ:SPWH) continues to fall despite posting a double beat in its most recent earnings report. The outdoor sporting goods retailer posted earnings per share (EPS) of 49 cents outpacing analy... Read the Full Story |
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From Our Partners | | The SpaceX IPO wasn't the big trade - according to Larry Benedict, founder of The Opportunistic Trader, it was the trigger. Benedict, who delivered a 279% return on cash in 2025 across a 20-year winning streak, says the listing launched what he calls the 'Final Phase of Elon's Master Plan.'
He's identified one specific ticker - not SpaceX, Tesla, or any Elon-affiliated company - that he believes could see billions in inflows as this phase unfolds. He calls it his trade of the year. | | Watch the video now to get the ticker name and full trade details |
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Basic Materials | |
If you're no stranger to stock news, you know the markets have experienced a rocky start in 2022. Dipping shares, rampant inflation, interest rate hikes and year-to-date shifts in the most prevalent stock market indexes.
However, certain stocks have been rocket-shipping into oblivion, such as agr... Read the Full Story |
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When you think of core items that every family needs: household goods, food, beverages, hygiene products and other items we can't live without no matter what's going on in the world and no matter how high inflation gets, grocery store stocks may come to mind.
Goldman Sachs (NYSE: GS) has projecte... Read the Full Story |
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From Our Partners | | The ultra-wealthy have used a legal IRS loophole for decades to move retirement savings out of volatile markets and into a vehicle that has seen a 5-plus year bull run.
The 2026 Wealth Protection Guide details how to execute this strategy with no taxes or penalties. It's the same playbook elites have used to shield fortunes through every market crash and crisis. | | Download your free 2026 Wealth Protection Guide and get started today |
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Consumer Discretionary | | Fashion brand PVH Corp (NYSE: PVH) stock is attempting to stage a comeback after the benchmark index sell-off. The maker of iconic brands including Calvin Klein and Tommy Hilfiger saw double-digit top-line growth and raised guidance despite supply chain headwinds. PVH also faced significant logistic... Read the Full Story |
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Finance | | We’ll know a lot more in about two week’s time when they report fresh earnings, but for now it’s safe to say that Bank of America (NYSE: BAC) is still one of the biggest and best of the financial stocks. They recovered quicker than most of their peers from the COVID pandemic and ha... Read the Full Story |
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Deep-Value Walgreens Boots Alliance COVID Tailwind Weakens
Shares of Walgreens Boots Alliance (NASDAQ: WBA) imploded in the wake of what were otherwise stellar results and guidance because of COVID. The company didn’t catch COVID and there weren’t any major COVID-related shutdowns wh... Read the Full Story |
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Consumer Staples | |
MKC stock has a solid dividend, but that may not be enough
McCormick (NYSE:MKC) is holding on to a small gain 48 hours after posting first-quarter earnings. The company posted slight beats on the top and bottom lines. And, as expected, much of this growth is coming from the restaurant and food s... Read the Full Story |
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Five Below Bottoms, Outlook, And Analysts Support Higher Prices
Shares of Five Below (NASDAQ: FIVE) are moving higher following its Q4 earnings release and guidance update for 2022. The move is being driven not by the results or the guidance because both of those are iffy at best but by the anal... Read the Full Story |
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To some, ‘mid-cap value’ is an oxymoron.
After all, it is in the mid-cap space that we often find companies that grow faster than the overall economy, not to mention large caps. To toss in a word like ‘value’ that is typically reserved for stodgy, low growth businesses wou... Read the Full Story |
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Technology | |
The Institutions, And Results, Have Paychex Cashing In
Paychex (NASDAQ: PAYX) results are starting to show the leverage we’ve been anticipating for the past few quarters. The company not only managed to keep a large percentage of its pre-COVID clients but it was also able to add on new one... Read the Full Story |
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Friday's Early Bird Stock Of The Day Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; and Pyrogel HPS for applications within the power generation market. It also offers Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems. The company was founded in 2001 and is headquartered in Northborough, Massachusetts. | | View Today's Stock Pick |
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