Good MorningEquities started the week on uncertain footing rising early in Monday's session and then falling later in the day. The move comes on the eve of the busiest period of the Q1 earnings reporting season and may foreshadow a lackluster season at best. On a technical basis, Monday's move in the S&P 500 confirms the near-term downtrend and sets the index up for a retest of the 4200 level. That test could come this week after reports from companies like Johnson & Johnson, Abbot Laboratories, Tesla Motors, and PPG Industries.
The risk for the earnings season is the guidance. The market is expecting to see supply chain improvements and margin expansion in the back half of the year and they may not materialize. Not only is the war in Ukraine straining the supply chain but widespread lockdowns in China may bring global manufacturing to a standstill. Regardless, if the outlook for improvement sours the market could be in for a deeper correction than it has so far produced. Featured: These trades target winners while you sleep (Ad) 
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Markets | | | Stocks are edging higher after a weak start Monday, as worries about interest rates and inflation keep a lid on Wall Street despite some better-than-expected profit reports.
The S&P 500 was 0.3% higher, coming off its second straight week of losses. Like it, the other two major U.... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
Back in 2018, when Jeff Brown told everyone to buy Tesla…
The "experts" said Elon was finished and Tesla was headed for bankruptcy.
Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough. | | Click here to see why Tesla's about to prove everyone wrong... again. |
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Markets | | | Netflix (NASDAQ: NFLX) developed a disturbing trend of price target reductions ahead of the Q1 earnings report but investors shouldn’t read too much into it. While 7 of the 37 analysts covering the stock came out with commentary in the two weeks before the report, and while 6 of those lowered their price target, the Marketbeat.com consensus price is well above price action. Read the Full Story |
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Politics | | | Shares were mostly higher in Asia on Tuesday after China’s central bank moved to provide more support for its slowing economy.
Oil prices fell back, while U.S. futures advanced, suggesting investor sentiment remains resilient despite worries over the risks of recession as prices push... Read the Full Story |
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From Our Partners | | While most traders sit idle over the weekend, a lesser-known CBOE rule is quietly creating new income potential.
Dubbed the “Weekend Side Hustle,” this setup has allowed some traders to aim for steady payouts — even while the markets are closed. Backtested results showed average weekend gains of $1,592 per $5k deployed (winners and losers included), all from a regular brokerage account. | | Learn how anyone could target their next $1,592 weekend payday right here |
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Don't Think Twice About Adding These 3 Quality Stocks The beauty of investing in stocks is that anyone can get involved and start adding shares of quality companies without having a massive budget. All it takes is some research and a bit of determination to get involved in financial markets, ... Read the Full Story |
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Politics | | | Mexican President Andrés Manuel López Obrador failed to find enough votes late Sunday to pass a constitutional reform limiting private and foreign firms in the electrical power industry, marking the first major legislative setback for the president.
The defeat may set the tone for an ... Read the Full Story |
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From Our Partners | | Porter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger the biggest forced rotation of capital since World War II.
They reveal why Trump is mobilizing America’s tech giants… and name the two stocks most likely to soar as trillions shift behind the scenes. | | Watch the National Emergency broadcast here |
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Politics | | | Germany's employers and unions have joined together in opposing an immediate European Union ban on natural gas imports from Russia over its invasion of Ukraine, saying such a move would lead to factory shutdowns and the loss of jobs in the bloc's largest economy.
“A rapid gas embargo ... Read the Full Story |
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Markets | | | Infowars has filed for Chapter 11 bankruptcy protection as the website’s founder and conspiracy theorist Alex Jones faces defamation lawsuits over his comments that the Sandy Hook Elementary School shooting was a hoax Read the Full Story |
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Markets | | | Drugstore operator Rite Aid Corporation (NYSE: RAD) stock has been pummeled since hitting a post-pandemic high of $32.48 on Jan. 28, 2021. The Company was a benefactor from the pandemic as traffic increased from COVID testing and vaccination distribution. However, as the populace recovers and pandem... Read the Full Story |
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Industrial and construction supplies wholesaler Fastenal (NASDAQ: FAST) stock has recently sold off on strong fiscal Q1 2022 earnings. The Company has experienced double-digit daily growth in each of its three divisions: Fasteners, Safety Products, and Other products which are composed of eight sm... Read the Full Story |
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Stocks | | | Supply chain challenges or not, J.B. Hunt Transportation Services (NASDAQ: JBHT) is firing on all cylinders. The Q1 results reveal the company is supported by three pillars of trucking including volume, rates, and fuel surcharges. The key takeaway from the report is that both revenue and earnings are better than expected and we expect the company to continue performing at this level Read the Full Story |
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Tuesday's Early Bird Stock Of The Day International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York. | | View Today's Stock Pick |
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