Good MorningEquities started the day in the green on Thursday but reversed course midday. Remarks from Fed chairman Jerome Powell put the fear of inflation back on the front burner. In his remarks, Mr. Powell said taming inflation was absolutely necessary and that a 50 basis point rate hike was on the table for May. The news caused a sell-off in the ten-year treasury that sent rates to the highest level since December 2018. At the current rate of gain, the rate on the ten-year treasury note will exceed 3.25% by the end of the year. At those levels, bonds become a more attractive investment than the average S&P 500 stock and may become a headwind for equities.
Next week, the market will be fully focused on earnings as well as inflation. Next week is the first really busy week of the reporting season and should bring more than 100 reports from S&P 500 companies. On the inflation front, the PCE price index is slated for release on Friday and should be another hot one despite lapping last year's 3.5% increase. Featured: American’s Biggest Threat Is Here (Ad) 
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Retail/Wholesale | |
A unique environment brings uncertainty to both companies
As earnings season begins in earnest, the market heard from two companies that benefited from the surge in used car demand in 2021. Carvana (NYSE:CVNA) and AutoNation (NYSE:AN) were hoping to deliver reports that would change the fortunes... Read the Full Story |
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From Our Partners | | The U.S. Army and Department of Energy are launching Project Janus - a high-priority initiative ordered by President Trump to deploy a revolutionary new fuel. The first powerplant running this fuel is expected to go live before December 18, 2026.
One obscure defense contractor already has a five-year head start on every competitor. The name, ticker symbol, and full story are being revealed at no cost. | | Click here to get the stock name, ticker, and full Project Janus details free |
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Consumer Staples | |
After two years of supply-demand imbalances, what numbers should investors be looking at?
Boston Beer Company (NYSE: SAM) stock is trading 73% lower than its 52-week high. And the company’s first-quarter 2022 revenue and earnings are projected to come in lower on a year-over-year (YOY) bas... Read the Full Story |
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Energy | |
Sell-Side Support Is Driving Kinder Morgan Higher
Kinder Morgan (NYSE: KMI) caught our eye last year as a high-yielding value that we might want to own. The company was exiting a period of underperformance and reorganization and looking ahead to a favorable market environment. Now, a year later,... Read the Full Story |
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From Our Partners | | According to Yahoo Finance, Elon Musk's latest project could 'upend another industry just as he did with cars and rockets.' Tech investor Jeff Brown - a former senior executive at Qualcomm, Juniper Networks, and NXP Semiconductors - says one tiny chipmaker, 148 times smaller than NVIDIA, is set to supply Musk with 5 billion chips over the next two years.
Early investors in Tesla and SpaceX saw life-changing returns. Brown believes this overlooked chipmaker could offer a similar opportunity, with entry points currently around $50. | | Click here to see Jeff Brown's full breakdown of this chipmaker |
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Utilities | |
The clean energy company is swimming against the stream for now
NextEra Energy (NYSE: NEE) is one of the leading clean energy companies in the United States. And that served the company very well for most of the last two years. From the onset of the pandemic through 2021, NEE stock climbed by 94... Read the Full Story |
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Basic Materials | | Steel Dynamics Scores Record Results On Strong Demand
Steel Dynamics (NASDAQ: STLD) share prices have been scaling new heights on demand and pricing expectations along with the company’s efforts to expand to meet that demand. The Q1 results not only confirm those expectations but indicate th... Read the Full Story |
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From Our Partners | | "Your First Trade Playbook" - normally $29.97 - is free to download today. It walks you through every step, from which account to open to which order button to avoid, so you can be ready for your first options trade in a single sitting.
The download link expires soon, and the playbook returns to full price once it does. | | Download your free copy of Your First Trade Playbook now |
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Auto/Tires/Trucks | | Was yesterday the last time shares of Tesla (NASDAQ: TSLA) traded below $1,000, at least for the foreseeable future? It will be a while before that’s confirmed but they’re certainly looking good for it right now. The company’s Q1 earnings, released after yesterday’s bell smas... Read the Full Story |
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Transportation | |
Knight-Swift Transportation Could Double In Value This Year
The institutions have been buying Knight-Swift Transportation (NYSE: KNX) for the last two years. Institutional activity has been net-bullish for 7 consecutive quarters and we don’t see that trend ending. The trucking industry is i... Read the Full Story |
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Markets | |
When you want to get involved in the stock market, one of your top concerns is likely the amount of cash flow you’ll incur when you invest.
However, there’s more than one approach to take when investing, and you may wonder about the benefits of dividend investing vs. growth investing.... Read the Full Story |
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Aerospace | |
These Iconic Low-Beta Stocks Could Continue to Outperform
While going into riskier areas of the market can be exciting and lucrative when the market is moving to the upside, volatility can subject your portfolio to massive drawdowns. That’s why it always makes sense to include at least a fe... Read the Full Story |
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Technology | | Buy now and pay later purchase financing provider Affirm (NASDAQ: AFRM) stock has been on catastrophic sell-off since peaking out at $176.65 on Nov. 8, 2021. The popular buy-now-pay-later (BNPL) platform was hit by a perfect storm consisting of the macro market sell-off, regulatory scrutiny, and a c... Read the Full Story |
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Friday's Early Bird Stock Of The Day Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois. | | View Today's Stock Pick |
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