Good MorningSelling on Wall Street gained new intensity last week after the PCE price index proved the FOMC was out of time. The market, hopeful that year-over-year comps in consumer inflation would tame, was disappointed with another acceleration of the same. The news sent the S&P 500 down to the lowest levels in weeks and leaves it in danger of breaking through key support this week.
This week there are several market-moving catalysts to be aware of including the non-farm payrolls report on Friday and the FOMC policy announcement on Wednesday. The FOMC announcement will be the biggest news of the week, however, and may shock the market despite months of foreshadowing by FOMC members. The market is pricing in a 100% chance for a 50 basis point rate increase and the committee could go as high as 75. Regardless, the FOMC is expected to raise rates incrementally at each of the meetings this year and some meetings will bring more than 25 basis points. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Energy | |
Long-term investors should continue to watch CVX stock for buying signals.
Chevron (NYSE: CVX) picked a bad day to post strong earnings. Despite a double beat in the company’s first quarter earnings, CVX stock fell over 3%. Concerns over inflation and rising interest rates are overwhelming... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Consumer Staples | |
Warren Buffett’s retirement planning advice says that investors should stick with companies over the long haul (preferably companies that have a successful track record), even when the share price of stocks has their down moments.
Dividends are money paid regularly (usually quarterly) by a ... Read the Full Story |
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Technology | | You could almost hear the collective sigh of relief after Apple (NASDAQ: AAPL) released its latest earnings report at the end of yesterday’s session. Investors have already found solace this week with solid results from Microsoft (NASDAQ: MSFT) and Facebook (NASDAQ: FB) helping to at least slo... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Utilities | | Canadian communications and media giant Rogers Communication (NYSE: RCI) stock made new all-time highs at $64.55 before pulling back down despite the relative weakness in benchmark indices. The broadband provider is seeking to complete and integrate its buyout of Shaw Communications, which it acquir... Read the Full Story |
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Markets | |
Contrary to the popular belief that you may want to keep dividend stocks around forever, there may come a time when you actually want to sell your dividend-paying stocks. Even the best dividend stocks might end up deserving a spot on your “to sell” list.
Let’s take a look at whe... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Retail/Wholesale | |
Analysts Buy The Dip In O’Reilly Automotive
Shares of O’Reilly Automotive (NASDAQ: ORLY) tanked after the company released its Q1 earnings but some are welcoming the news. Analysts Michael Lasser of UBS urged the company’s client to use the pullback as a buying opportunity due t... Read the Full Story |
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Technology | | Global satellite communications provider Iridium (NASDAQ: IRDM) stock recently took a nosedive from the selling in benchmark indices. The provider of satellite-based broadband caters to industries ranging from aviation, transport, logistics, emergency, maritime, energy, and government. Commercial se... Read the Full Story |
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Consumer Staples | |
Keurig Dr. Pepper Preserves Earnings In the Face Of Headwinds
Keurig Dr. Pepper (NASDAQ: KDP) shares are lower in the wake of the Q1 report but we don’t think they are going to fall much further. The institutions have been scooping up this stock over the past year and put a firm floor in th... Read the Full Story |
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Auto/Tires/Trucks | |
Supply Chain Constraints Cut Into Ford Results
Ford (NYSE: F) had a good quarter despite the impact of supply chain constraints. The company reported a YOY decline in revenue that was less than expected and comes with what we consider very good news. The company reports significant supply chain ... Read the Full Story |
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Auto/Tires/Trucks | |
The Analysts And Institutions Are Hanging On To Harley-Davidson
Harley-Davidson (NYSE: HOG) hit the skids following the Q1 earnings release but this is an opportunity to buy into an iconic American brand. The results were mixed, to be sure, but highlight both the current situation and the opportu... Read the Full Story |
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Monday's Early Bird Stock Of The Day Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as related consumable, software, and service to packaged and consumer goods, pharmaceutical, manufacturing, fashion and apparel, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois. | | View Today's Stock Pick |
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