Good MorningThe sell-off on Wall Street gained momentum on Monday with the S&P 500 falling roughly 3.5% at the low of the session and setting a new low below 4,100. This is the lowest level the index has traded in over a year and has the market set up for a much deeper fall. Now that the 4,100-4,200 support level has been breached there is a risk that traders and investors who had been buying at that level will become sellers. In that scenario, the 4,100 will become strong resistance that could keep the market from moving higher over the next few quarters.
The next big hurdle for the market will come tomorrow with the release of the CPI index. The Consumer Price Index is expected to advance as much as 0.5% from the previous month and drive another 8.0% or greater increase in YOY inflation on top of last year's mid-single-digit increase. the takeaway is that CPI data will raise the stakes for the Fed and may lead them to go back on their word and bring a 75 basis point interest rate hike to the table. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Medical | |
Cigna Falls On Strong Results, Analyst Upgrade
It is times like this when following the money can give the best returns and the money is flowing toward Cigna (NYSE: CI). The company released a better than expected earnings report and raised its guidance sparking yet another wave of analysts upgr... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Markets | |
Don’t Bet On Lordstown Motors Rebound, Yet
Lordstown Motors (NASDAQ: RIDE) has been in a protracted downtrend along with the rest of the EV market and that downtrend is not over yet. While Lordstown Motors issues a better than expected report the headlines are about all the good news there... Read the Full Story |
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Medical | |
Robotic surgery systems solutions provider Intuitive Surgical (NASDAQ: IRSG) stock is down (-37.5%) on the year as benchmark indices slide. The provider of robotic da Vinci Surgical Systems was still able to grow revenues by 15.1%. Its fiscal Q1 2022 performance was impacted by the resurgence of t... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Consumer Discretionary | |
Deep Value Johnson Outdoors Goes On Sale
Johnson Outdoors (NASDAQ: JOUT) is a blue-chip quality outdoor recreation stock with two things to be aware of. The first is that demand is high across all segments and driven by secular tailwinds that have nothing to do with COVID-19. The second is that ... Read the Full Story |
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Technology | |
More than one in four S&P 400 constituents are down at least 20% this year. On the flip side, less than two dozen names are up 20% or more year-to-date.
The rough start to 2022 for U.S. stocks is evident in virtually all broad indices (energy-focused benchmarks aside). Yet it is the mid-cap ... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Consumer Staples | |
Tyson Foods Trends Higher On Institutional Support
Tyson Foods (NYSE: TSN) has been trending higher since hitting its pandemic bottom for a number of reasons that include institutional support. The institutions have been net buyers for all but 2 quarters since that time and have picked up about ... Read the Full Story |
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Markets | |
Shares of toy products and content creator Mattel, Inc. (NYSE: MAT) stock is a rare performer as shares are up 20% year-to-date reaching 52-week highs as benchmark indices plunge in the opposite direction. The iconic toy manufacturer pulled a surprise profit in its fiscal Q1 2022 when analysts exp... Read the Full Story |
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Technology | |
Industrial technology manufacturer Littelfuse (NASDAQ: LFUS) stock has staged a sharp reversal on a stellar fiscal Q1 2022 earnings. The maker of fuses and electronics protection products accommodates transportation and logistics, electronics, and industrial sectors. The Company achieved double-di... Read the Full Story |
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Medical | |
Hospital and healthcare facilities operator HCA Healthcare (NYSE: HCA) stock has been performing relatively strong compared to the benchmark indices during this bearish market sell-off. The nation’s largest hospital operator felt inflationary pressures as labor costs cut into margins more th... Read the Full Story |
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Consumer Discretionary | | Consumer footwear and athleisure brand Skechers U.S.A. (NYSE: SKX) stock has fallen (-16%) for 2022 faring slightly better than the benchmark indices. The third-largest footwear maker hit all-time high quarterly revenues in its fiscal Q1 2022 results. It has grown its direct-to-consumer (DTC) sales ... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. The company operates in the pharmacy services business; and markets and offers pharmacy services, including pharmacy benefit management, as well as home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. In addition, it provides healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs, as well as services related to data management, information technology, and business operations. Further, the company is involved in the National Government Services business. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is headquartered in Indianapolis, Indiana. | | View Today's Stock Pick |
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