Good MorningEquities wobbled on Tuesday as investors prepare for what could be a game-changing CPI read for the FOMC. Today's read laps the onset of high inflation for the first time and is expected to rise another 8% YOY. At this pace, the FOMC almost has no choice but to raise interest rates aggressively and possibly by 75 basis point increments. The next FOMC isn't until June but there is a high expectation for another 50 basis point hike and a slim chance for a larger 75 basis point hike. The next hurdle for the market after the CPI will be the PPI data on Thursday and it, too, is expected to be hot.
The takeaway is that inflation is still on the rise and cutting into corporate profits. S&P 500 companies have been able to maintain their margins so far via price hikes but consumer push-back has begun. With earnings coming under increasing pressure and the FOMC in danger of stalling the economy, there is a real danger for corporate earnings growth to stagnate and the S&P 500 to enter a deeper correction.
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Finance | |
Regional bank and financial services company Fifth Third Bancorp (NASDAQ: FITB) stock has been plunging with the benchmark indices. The bank was selected as one of Ethisphere’s “World’s Most Ethical Companies” for the third year. The Company has achieved the lowest CRE and ... Read the Full Story |
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From Our Partners | | Luke Lango - who helped readers find AMD before a 13,500% rise and Nvidia before 5,000% - says Elon Musk is now targeting the biggest industry of his career, one he has pursued for 27 years.
More than $1 billion is already moving because of what Musk is doing. Lango has identified the stocks he believes are best positioned to benefit as this plays out. | | See Lango's full research and the stocks he's watching now |
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Markets | |
TWNK stock has sound fundamentals and continues to grow market share
When I was first looking around for stocks to put on my watchlist, Hostess Brands (NYSE: TWNK) wasn’t one that came to mind. TWNK stock is up over 100% since the start of the pandemic. Most of that growth occurred in 2021... Read the Full Story |
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Transportation | |
XPO Logistics Moves Up On Strong Results And Guidance
XPO Logistics (NYSE: XPO) has been working hard on a transformation plan that is guaranteed to deliver results for investors. To put it simply, the company is divesting itself of non-core assets and using the money to improve the balance shee... Read the Full Story |
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From Our Partners | | The SpaceX IPO wasn't the big trade - according to Larry Benedict, founder of The Opportunistic Trader, it was the trigger. Benedict, who delivered a 279% return on cash in 2025 across a 20-year winning streak, says the listing launched what he calls the 'Final Phase of Elon's Master Plan.'
He's identified one specific ticker - not SpaceX, Tesla, or any Elon-affiliated company - that he believes could see billions in inflows as this phase unfolds. He calls it his trade of the year. | | Watch the video now to get the ticker name and full trade details |
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Consumer Discretionary | |
A study conducted by Global Market Insights (GMI) concluded that the global e-learning market will grow 20% annually over the next seven years and cross the $1 trillion mark by 2028. Even faster growth is forecast for the Asia Pacific region and India.
This suggests that the surge in online learn... Read the Full Story |
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Markets | |
PetMeds Moves Up On Mixed Results
Shares of PetMeds (NASDAQ: PETS) are rocketing higher in the wake of what we can only call a mixed report. The news wasn’t bad and it wasn’t good and it certainly isn’t enough to have shares up by 9%, not unless you factor in the short interest... Read the Full Story |
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From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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Energy | |
Deep-Value Dividend Play Occidental Petroleum Bought By Insiders
The insiders don’t hold a lot of Occidental Petroleum (NYSE: OXY) and their activity isn’t robust, mixed is the better word, but the latest transaction is telling because it comes just before the Q1 earnings were set to... Read the Full Story |
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Auto/Tires/Trucks | |
LCI Industries Is A Steal At These Prices
We expected LCI Industries (NYSE: LCII) to do well in Q1 and outperform the Marketbeat.com consensus estimate but even we were surprised by just how strong the results were. The company was able to overcome numerous challenges including rising prices and... Read the Full Story |
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Technology | | Tech investors have been given plenty of lessons in the past few months about making the best of a bad situation, none more so than Shopify (NYSE: SHOP). The e-commerce platform was one of the darlings of the pandemic fuelled rally in 2020 and was hitting all-time highs as recently as last November.... Read the Full Story |
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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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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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Wednesday's Early Bird Stock Of The Day FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers. The company also provides retail POS payment solutions, which focuses on LTO products and facilitating other retail financing payment options across the network of traditional and e-commerce merchant partners. It serves cash and credit-constrained consumers. The company was formerly known as FirstCash, Inc and changed its name to FirstCash Holdings, Inc. in December 2021. FirstCash Holdings, Inc was incorporated in 1988 and is headquartered in Fort Worth, Texas. | | View Today's Stock Pick |
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