Good MorningEquities slipped to start the new month and may fall further if the FOMC spooks the market on Wednesday. The FOMC is expected to hike interest rates by at least 50 basis points and could go for 75. Even if this interest rate hike is only 50 basis points the market should expect a hawkish statement from the Fed and a high likelihood for aggressive policy adjustments this year. As it is now, the market is pricing in at least 12 25 basis point hikes by the end of the year which is enough to put the base rate at the highest levels since before the Housing Bubble Burst.
Also on tap this week is the NFP report. The economists are expecting another strong month of job gains with net job creation topping 400,000. The risk for the market is that wages will continue to rise and accelerate, driving inflation throughout the economy. Featured: The case for trading fewer setups, not more (Ad) 
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Medical | |
Fifteen months ago, Teladoc Health, Inc. (NYSE: TDOC) could seemingly do no wrong. The virtual healthcare provider’s stock climbed above $300 amid surging interest in all things remote.
Little has gone right since for the former pandemic superstar.
Hospital and health clinic facility reop... Read the Full Story |
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From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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Transportation | |
Saia Moves Lower On Strong Earnings
LTL-shipper Saia’s (NASDAQ: SAIA) revenue growth accelerated for the 3rd consecutive quarter and to a new high but it may not matter. The truckers have been trading like a recession is already here and, based on the FOMC outlook, one may actually be on t... Read the Full Story |
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Technology | |
Software development applications platform Gitlab (NASDAQ: GTLB) stock has fallen over (-60%) from its $137 high on Nov. 9, 2021. The best-of-breed DevOps platform had a strong following heading into its IPO in October 2021. DevOps is a process that optimizes the systems development process combin... Read the Full Story |
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From Our Partners | | Washington has taken an ownership stake in Intel, carved out a cut of Nvidia's and AMD's chip sales, and reportedly fielded an offer to own 5% of the largest AI company on the planet. The government is shifting from referee to shareholder in the most important technology race of the century.
When the rules change, the winning trades change with them. Some blue chips sitting in your index fund are now on the wrong side of this shift - while a select group of companies pulled into the new arrangement may be treated like national treasures. | | Watch the documentary to see which stocks to buy and sell now |
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Technology | |
onsemi Tries To Bottom After Strong Q1 Results
The correction in tech stocks may not be over, the headwinds within the economy may still be present, but onsemi’s (NASDAQ: ON) Q1 results prove that business is still strong in the chip sector. Specifically, onsemi’s results prove the c... Read the Full Story |
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Markets | |
We'll cut to the chase: Yes, you must pay taxes on dividend income. When you earn money on your investments or have realized gains, it’s a taxable event.
Before we launch into the details of things like dividend stocks tax rate, capital gain distributions and more, let’s square away t... Read the Full Story |
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From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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Finance | |
Where Does The S&P 500 Go From Here?
Stock market action on Friday, April 29th was very bearish for the major indices including the S&P 500 (NYSEARCA: SPY). The S&P 500 moved steadily lower throughout the day as investors, traders, and speculators bet on what was to come this week. Wh... Read the Full Story |
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Energy | |
The company has a large addressable market, but it has to deliver
Energy independence is no longer a throwaway campaign slogan. For millions of consumers, particularly many who are living in Europe, it’s becoming an essential reality. This is one reason that solar stocks are making a comeb... Read the Full Story |
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Transportation | | Freight transportation company Knight Swift Transportation (NYSE: KNX) stock has been getting crushed with the benchmark indices. As one of the nation’s largest diversified freight companies, the business is experiencing strong tailwinds as revenues rose nearly 50% in its fiscal Q1 2022. Infla... Read the Full Story |
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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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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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Tuesday's Early Bird Stock Of The Day SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites throughout the Americas, Africa and in Asia, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization. | | View Today's Stock Pick |
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