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: Need to confirm your interest (Ad) 
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Transportation | |
A Bottom Is In For J.B. Hunt Transportation Services
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 take... Read the Full Story |
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From Our Partners | | AI doesn't run on chips - it runs on natural gas. Analysts are now tracking roughly 100 gigawatts of new behind-the-meter gas generation lining up behind the AI buildout, and on June 22, one of the world's largest energy companies signed a 20-year, 2.67-gigawatt deal to power a single data-center project.
Ken Griffin has reportedly put more than a billion dollars into this corner of the market. Porter Stansberry has identified two picks-and-shovels plays in AI's power supply, plus 6 stocks to buy and 10 to sell - all detailed in a new documentary. | | Watch the documentary now to see all 16 stock positions |
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Retail/Wholesale | |
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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Retail/Wholesale | |
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, and w... Read the Full Story |
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From Our Partners | | Ray Dalio - who has made more money for clients than any hedge fund manager in history - is warning of a historic crisis for stocks that could keep portfolios in the red for 10 years.
In the last three years alone, $31.5 trillion has been wiped from the market through annual crashes. More than 2,000 early adopters are already using a new TradeSmith tool designed to help protect and grow wealth regardless of what the market does next. | | See how to try this portfolio tool completely free today |
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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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Consumer Discretionary | |
The Analysts Lower Netflix Targets, But …
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 we... Read the Full Story |
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From Our Partners | | The Financial Times says a new tech law puts America 'on the verge of a financial revolution.' Yahoo Finance estimates it could unlock $400 trillion - but analyst Jeff Brown, who was consulted by Congressional offices on the legislation, believes the real figure could reach $2.6 quadrillion.
Brown says this shift will pour onto a new type of investment exchange - and he's showing investors how to position themselves starting with just $100. | | Click here to see how Jeff Brown says to claim your stake |
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Markets | | Dividend investing means a company pays its shareholders money from the earnings on its profits. The Dividend Kings and the Dividend Aristocrats make up some of the most decorated stocks on the S&P 500 index. The S&P 500 tracks the movements of the 500 largest publicly traded U.S. compani... Read the Full Story |
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Finance | |
Consumer Banking Drives Results For Bank Of America
Results from the financial sector have been mixed this quarter but Bank of America (NYSE: BAC) stands out. The company’s focus on U.S. consumer banking and the interest rate environment has it set up for earnings growth and that is alread... Read the Full Story |
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Markets | |
Tightly Held Nielson Holdings Moves Up On Sale Talk
Neilson Holdings (NYSE: NLSN) got a big boost in March when it announced it was considering offers from a number of private equity firms. So far, no deals have been signed but there is a major shareholder betting big on the outcome. Windacre Pa... Read the Full Story |
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Retail/Wholesale | | Luxury consumer apparel and accessories producer Tapestry (NYSE: TPR) shares are reaching value territory on its recent sell-off. The owner of Coach, Kate Spade, and Stuart Weitzman brands recruited three million new customers in North America representing low double digit growth in stores and onlin... Read the Full Story |
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Markets | | Iconic clothing brand Levi Strauss & Co. (NYSE: LEVI) stock decline may be coming to an end after stabilizing around the $17.50 range after its latest earnings. The popular and sticky denim brand struggled against a multitude of headwinds, but the reopening recovery continues despite Omicron and... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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