Good MorningEquities pulled back on Monday on the combination of inflation fear and falling oil prices. The price of WTI fell more than 3.75% intraday to drive a similar decline in the energy sector. With the energy sector expected to post the largest increase in YOY earnings the move in oil prices and the XLE could alter the outlook for the entire reporting season. As for inflation, the March read of the Consumer Price Index is due on Tuesday and it is expected to be historic.
The pace of consumer inflation is expected to hold steady at 0.5% month to month and it could easily top those expectations. the risk for the market is in the YOY comparisons which are expected to accelerate as well. With consumer-level inflation expected to top 6.5% at the core level, the expectations for aggressive FOMC interest rate hikes are going to go through the roof. Featured: Elon’s big $266,000 per second purchase (Ad) 
|
Markets | | It’s been a volatile few weeks for shares of social media platform Twitter (NYSE: TWTR), with the stock logging some of its highest traded volume in years. They popped as much as 40% in the first week of April, but have already started to give back a hefty portion of those gains. The catalyst ... Read the Full Story |
|
From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
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 |
|
Retail/Wholesale | |
Recession resistant and cost-conscious: Even though it's a mouthful, it's worth considering retail stocks that cater to cost-conscious shoppers. If you're anything like most people, during inflationary times, you're ironing out how to buy everything in bulk (à la Costco (NASDAQ: COST) or at... Read the Full Story |
|
Technology | |
These Tech Stocks Could Help You Retire
Building an investment portfolio for retirement can be a bit intimidating simply because of the fact that your future depends on it. Choosing the right types of holdings can help you create financial stability that will allow you to truly enjoy your golden ... Read the Full Story |
|
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 |
|
Transportation | |
Inflation data and a flight to safety may conspire against DAL stock
The good news is that Delta Air Lines (NYSE:DAL) is up nearly 5% on a day when the broader market is slumping. The bad news is this may be the only good news for DAL stock shareholders in the short term. In our opinion, that me... Read the Full Story |
|
Energy | |
Schlumberger Moves Up On Warming Analysts' Sentiment
Schlumberger (NYSE: SLB) stock has been moving higher on warming analysts' sentiment and that sentiment is coming to a boil. There have been at least 5 upgrades or price target increases since March 31st and we don’t see this trend endin... Read the Full Story |
|
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. |
|
Consumer Staples | |
Not surprisingly, The Simply Good Foods Company (NASDAQ: SMPL) is among consumer staples stocks that are outperforming in 2022.
As the market grapples with inflation and rising rates on top of the backdrop of the Russia-Ukraine crisis, U.S. small cap stocks have struggled to build off last year&... Read the Full Story |
|
Technology | |
Let’s give the stock market some credit.
A 6% decline in the S&P 500 year-to-date is a model of resilience if there ever was one. U.S. stocks have managed to hang in there pretty darn well in 2022 despite the backdrop of a major geopolitical crisis, rampant inflation, and surging inter... Read the Full Story |
|
Business Services | | Steel recycling and products make Schnitzer Steel (NASDAQ: SCHN) stock has been in a chopping range between $35 to $57 for over a year despite improving fundamentals. Growth is being driven by rising commodity prices for ferrous and non-ferrous recycled metals and all-time highs for finished steel. ... Read the Full Story |
|
Markets | |
When The Insiders Are Buying …
Insider buying is always a good indication a stock is undervalued and, in cases such as we have today when the stocks are actually undervalued the signal is all the stronger. Dave & Busters (NYSE: PLAY), JELD-WEN (NYSE: JELD), and Rocket Company (NYSE: R... Read the Full Story |
|
Consumer Discretionary | |
Gamestop Is An Overly Hyped Stock Without Consistent Profits
Gamestop (NYSE: GME) is one of the most heavily traded stocks on Wallstreet for no reason we can think of other than hype. While the company is trying to reinvent itself in a manner that will produce consistent profits the outlook for ... Read the Full Story |
|
Tuesday's Early Bird Stock Of The Day EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
|
