Good MorningEquities tried to rebound from Monday's selloff on Tuesday after the CPI data came in only as expected but the threat of rising inflation outweighed any relief felt by the market. The takeaway from the CPI report is that inflation is still on the rise, rising at a record, and accelerating with no sign of letting up. In this paradigm, the FOMC is expected to aggressively hike interest rates and that is being seen in the Fed Funds Futures data. According to the CME data, the FOMC will raise rates by at least 100 basis points over the next two meetings and there is a chance for 125 basis points.
The risk for the market on Wednesday is the PPI data. The PPI is a leading indicator for CPI and it is expected to accelerate on a month over month and year over year basis. Later this week, earnings season will kick off with reports from JPMorgan Chase on Thursday and a handful of other big banks on Friday. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
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Medical | |
Profitability Outlook Accelerated In Wake Of OrganiGram Results
OrganiGram (NASDAQ: OGI) reached a turning point in Q1 in which profitability became truly in reach. The company updated its outlook for profitability from Q4 to Q3 of the current fiscal year and the outlook is accelerating again. T... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Consumer Staples | |
The Analysts Are Driving These Dividend Stocks Higher
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay dividends but business growth typically means capital appreciation as well. What this boils down to is c... Read the Full Story |
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Utilities | | Utility services holding company Exelon Corporation (NYSE: EXC) stock has been on a tear hitting decade long highs. The Company owns energy generation facilities utilizing nuclear, hydroelectric, biomass, solar, and wind to accommodate its 10.5 million customers. Rising oil prices have lifted other ... Read the Full Story |
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From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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Retail/Wholesale | |
Shares of discount retailer Ross Stores (NASDAQ: ROST) were among the best performing US equities this week as shares popped as much as 7% from where they closed last Friday. The catalyst for the pop was a price target increase from the team at Credit Suisse, who upped it from $118 to $125. Even a... Read the Full Story |
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Markets | |
When putting together a stock investing strategy, why not consider investing in dividend stocks? Dividend stocks typically offer a beneficial one-two punch: regular dividend payments and consistent appreciation of stock prices over time.
But what are "dividend stocks?" Investing in dividend stock... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Transportation | | Railroad freight car and equipment manufacturer Greenbrier Companies (NYSE: GBX) stock took a sharp nose dive in March 2022 ahead of strong fiscal Q2 2022 earnings report. The Company is successfully navigating supply chain disruptions and inflationary pressures on commodities resulting in high raw ... Read the Full Story |
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Technology | |
The Institutions Drive Volatility For Palo Alto Networks
Insiders have been selling Palo Alto Networks (NASDAQ: PANW) on a regular basis but it is nothing for shareholders to be worried about. The sales are small, periodic, incredibly regular, and spread among a wide range of execs and board mem... Read the Full Story |
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Retail/Wholesale | |
Carmax Buckles Under Strain Of Economic Headwinds
Carmax (NYSE: KMX) put in a good quarter to be sure but the report is rife with evidence inflation is hurting the economy. The company produced a solid increase in revenue versus the year-ago period but the gains are driven almost entirely by pri... Read the Full Story |
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Finance | |
Second-half guidance will be the key to deciding how attractive these stocks will be
For the first time since 2018, companies will report earnings against the backdrop of rising interest rates. That is lowering the expectations for corporate earnings that are already feeling the pinch of inflati... Read the Full Story |
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Medical | | Medical and consumer cannabis producer Tilray (NASDAQ: TLRY) stock has been an abysmal performer as shares collapsed to a low of $4.78 from its high of $300 after its IPO in September of 2018. The speculation of federal marijuana legalization and profitability initially drove up shares, but the real... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2022, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is headquartered in Bogotá, Colombia. | | View Today's Stock Pick |
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