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: My top 3 AI picks for the next decade (Ad) 
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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 |
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From Our Partners | | Dr. Martin D. Weiss has publicly predicted six major American financial crashes over his 55-year career leading Weiss Ratings, the only conflict-free rating agency in the US.
Now he says a $3 trillion problem could trigger a chain reaction of crashes and failures, causing a global freeze in financial markets. | | See Dr. Weiss's full warning before the next crisis hits. |
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Consumer Staples | |
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 |
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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 |
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From Our Partners | | Trump is turning the midterms into a referendum on American energy, pushing for more oil, more gas, and lower prices before November 3.
One small oil and gas company sits atop the largest oil and gas deposit ever found on American soil and is integrating AI technology into its wells, with margins rivaling firms valued ten times higher.
A previous stock pick from this same screening process rose more than 1,000 percent in under 12 months. | | Read the full pre-midterm energy stock briefing now |
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Industrials | |
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 |
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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 |
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From Our Partners | | SpaceX's IPO reportedly minted 4,400 new millionaires, and OpenAI is said to be eyeing a 1 trillion dollar IPO as soon as this fall.
TradeSmith CEO Keith Kaplan says chasing the next hot IPO isn't necessary. His AI-driven system, built on a platform pioneered by Google, ranks every stock in the S&P 500 and narrows the list to just five names to hold each month.
Backtests show the Top Five Stocks outperformed the S&P 500 by 4x in August alone. | | See the five stocks the AI system is tracking now |
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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 |
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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 |
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Industrials | | 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 |
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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 |
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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 |
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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 |
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