Good MorningThe melt-up in equities continued on Monday with the S&P 500 gaining more than 0.75% at the high of the day. The move was driven in large part by the energy sector, however, as oil prices gained nearly 4.0% to trade above the $104 level. With oil prices trending near record levels, the energy sector is expected to post windfall earnings this reporting season. The rest of the index may not fare so well, 7 of the 11 sectors have a declining consensus estimate for earnings while 4 are expected to post an outright earnings decline.
The risk for the market is that earnings will be worse than expected and guidance will be lowered. In that scenario, the bear market will enter a new phase in which recent lows will be tested and possibly exceeded. The test for the market this week, however, will be the minutes from the last FOMC meeting which are due for release on Wednesday. Investors should be prepared for a very hawkish FOMC and at least 50 basis points of interest rate increase at the next meeting. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
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Medical | |
Check Out These 3 Dividend Stocks in April
Being able to block out market noise and short-term events that influence equity prices is paramount to staying the course over the years as an investor. With that said, it’s been hard to ignore some of the recent headlines that have moved markets ... 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 Discretionary | | Athleisure apparel and footwear maker Lululemon (NASDAQ: LULU) stock has rebounded after lowballing earnings estimates. The iconic athletic apparel company has resumed growth after an impressive fiscal Q4 2021 earnings report that included raised fiscal full-year 2022 top and bottom-line guidance an... Read the Full Story |
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Auto/Tires/Trucks | |
Did you haul off and buy a recreational vehicle (RV) during the pandemic? If not you, one of your neighbors likely did, or maybe someone else you know made the plunge.
Annual RV shipments dropped 16% from 483,700 in 2018 to 406,000 in 2019, according to the RV Industry Association. Production wa... 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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Markets | | Chinese electric vehicle (EV) maker Xpeng (NYSE: XPEV) stock has sold off with the benchmark indices further accelerated by fears of delisting on U.S. exchanges. The Russian invasion of Ukraine has spiked higher oil prices which naturally tends to set more focus on alternative, sustainable, and clea... Read the Full Story |
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Finance | |
There Is An Underlying Weakness In The Market
The Q1 2022 S&P 500 (NYSEARCA: SPY) earnings reporting season is set up for kick-off in about a week when JPMorgan Chase (NYSE: JPM) and some of the other big banks report their earnings. While the data is promising there is an underlying weaknes... 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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Consumer Discretionary | |
It’s generally big news when a company announces a stock split, but when that company happens to be GameStop Corp. (NYSE: GME) things get downright crazy.
Shares of the wildly popular meme stock swung back towards $200 on April 1st after GameStop revealed a plan to seek approval for a stock... Read the Full Story |
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Auto/Tires/Trucks | | Institutions Are Buying LCI Industries
With shares down at a 1-year low and the entire RV industry outperforming expectations, we are not surprised to see insiders buying LCI Industries (NYSE: LCII). LCI Industries makes and markets a wide range of parts and components for OEMs and aftermarket RV ... Read the Full Story |
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Auto/Tires/Trucks | | Recreational vehicle (RV) manufacturer Winnebago Industries (NYSE: WGO) shares have been selling off with the benchmark indices and continues to sell-off despite the market rebound. The iconic maker of campers and RVs has enjoyed a resurgence of demand fueled by pandemic lockdowns that caused consum... Read the Full Story |
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Services | | Global digital marketplace Etsy (NASDAQ: ETSY) stock has sold off dramatically worse than the benchmark indices in 2022. The popular e-commerce platform was a pandemic winner as the lockdowns introduced millions of new customers to platform. Despite supply chain and logistics disruptions, the Compan... Read the Full Story |
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Consumer Staples | | Food and beverage maker Campbell Soup Company (NYSE: CPB) shares are attempting to stage a breakout after bouncing off the $40.00 support level. The grocery stockpiling phenomena of the pandemic may have dissipated, but the demand for groceries have continued to strengthen amid inflationary pressure... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Ventas Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas leverages its unmatched operational expertise, data-driven insights from its Ventas Operational InsightsTM platform, extensive relationships and strong financial position to achieve its goal of delivering outsized performance across approximately 1,400 properties. The Ventas portfolio is composed of senior housing communities, outpatient medical buildings, research centers and healthcare facilities in North America and the United Kingdom. The Company benefits from a seasoned team of talented professionals who share a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives. | | View Today's Stock Pick |
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