Good MorningEquities wobbled at the start of the week as traders prepare for a round of important data and earnings reports. Data in the form of Retail Sales will dominate the news on Tuesday and is expected to show the impacts of inflation. The economists are expecting retail sales to accelerate on a sequential basis but at a tepid 1.1% rate. At this pace, the volume of sales is falling quickly on a YOY basis and price increases are only barely keeping up. Eventually, the balance will tip and retail activity will enter a recession.
On the earnings front, reports from a number of retailers like Walmart, Target, Home Depot, and Lowes are on deck and could alter the market outlook. These are the four horsemen of pandemic spending and have been market leaders up to now. If their results show weakness or a weakened outlook the broader market is likely to fall along with them. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
|
Markets | | VMware, Inc. (NYSE: VMW) presents an attractive opportunity to take a risk on a company that's helping others to migrate to cloud environments. The firm's strong revenue growth and margins make it popular with investors despite being down -14.98% YTD. The company is also trading -28.43% below the Ma... Read the Full Story |
|
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 |
|
Energy | |
From outperformance over a period of minutes to weeks, momentum can be defined in many ways. Day traders tend to care most about a stock’s short-term momentum while buy-and-hold investors typically focus on the long term.
As far as longer-term momentum strategies go, stocks with sizable yea... Read the Full Story |
|
Retail/Wholesale | |
Home Depot Beats And Raises, But …
Shares of Home Depot (NYSE: HD) are up more than 4.0% in premarket trading following what was a better than expected Q1 report. As good as the report is, however, the gains are made on the back of rising prices that are cutting into total volume and the ... Read the Full Story |
|
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 |
|
Services | |
Etsy, Inc. (NASDAQ: ETSY) is one pandemic has-been that could be getting a second wind.
Six months ago, a major selloff was unfathomable for the marketplace of all things original. E-commerce was booming and the stock was peaking above $300.
It’s been downhill since for Etsy shareholders w... Read the Full Story |
|
Markets | |
Highly Valued FIGS Lowers Guidance, Moves Lower
Shares of FIGS, Inc (NASDAQ: FIGS) are moving lower in the wake of the Q1 earnings report and it is no wonder. The niche brand of workwear reports supply chain, inflation, and worse, a shift in consumer spending related to inflation, is cutting int... Read the Full Story |
|
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 |
|
Medical | |
Infusion therapy services provider Option Care Health (NASDAQ: OPCH) stock has been relatively strong during the market turmoil as it continues to trade near its 52-week highs. Infusion therapy administers medication and fluids through an IV (needle or catheter) as an alternative to an oral applic... Read the Full Story |
|
Consumer Staples | |
Institutions And Short-Sellers Battle Over Warby Parker
Price action in Warby Parker (NYSE: WRBY) has been trending lower ever since the highs set just after the IPO. The downtrend is due to the stock's high valuation, concerns about profitability, inflation/economic change, and no small amount o... Read the Full Story |
|
Business Services | | Concentrix Corporation (NASDAQ: CNXC), is a solid company that's transforming itself into becoming a leader in the Customer Experience (CX) space, which it is doing so through its numerous acquisitions. One of the company's most notable acquisitions is its purchase of PK, a CX design and engineering... Read the Full Story |
|
Markets | |
No Reprieve For Tech Stocks
The NASDAQ Composite (NYSEARCA: QQQ) is down more than 25% from its recent high and will probably head lower. Investors looking for a rebound are urged to caution in light of expected earnings and economic reports due out this week. While the bulk of Big Tech has alre... Read the Full Story |
|
Consumer Staples | | Iconic lubricant maker WD-40 (NASDAQ: WDFC) stock has plummeted by more than (-40%) off its all-time highs, but it looks ready to finally coil. Inflation pressures and supply chain disruption have continued to deteriorate gross margins leading to a (-2%) drop in estimated net income for the year. Ho... Read the Full Story |
|
Tuesday's Early Bird Stock Of The Day The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. In addition, it offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. The company distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut. | | View Today's Stock Pick |
|
