Good MorningIt was fun while it lasted. The relief rally that lifted investors’ spirits in the shortened trade week ran into a wall of worry. Equities were down with the tech sector seeing the largest declines. But this was an equal opportunity sell-off. Oil, gold, and Bitcoin all were lower as was the yield on the 10-year Treasury note.
It’s likely that investors are expressing their opinion on what they expect from the June CPI and PPI readings. These reports come in the pre-market on Wednesday and Thursday respectively. The consensus is for the CPI to show an 8.8% year-over-year increase with core CPI coming in at 5.8%. Even though those numbers would show the worst may be over in terms of price hikes, tell that to consumers who still lack confidence in this market.
Investors are also anticipating the start of the earnings season.
Many of the major banks will report later this week. And many analysts are already adjusting their price targets to reflect what they expect to be lower guidance.
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Consumer Staples | |
This time last year, U.S. companies were wowing the market with some lofty earnings growth figures. When the dust settled, S&P 500 members recorded 88.5% bottom-line growth. The result reflected the stark comparison to the spring of 2020 when the pandemic brought the economy to a halt.
With s... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Consumer Discretionary | |
In March 2022, shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) slipped below $40 for the first time since the pandemic plunge of two years prior. Since then, it has nearly doubled even though the economic outlook has become gloomier. What gives?
Simply put, Ollie’s is bu... Read the Full Story |
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Markets | | Sporting goods and outdoor recreational retailer Academy Sports and Outdoors (NYSE: ASO) stock has been resilient as it narrows its losses to (-14%) on the year. As the name implies, the Company sells outdoor recreational products from camping gear, patio furniture and fishing rods to team sports pr... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Consumer Staples | |
Guidance more than results may steer PEP stock and the broader market
As part of the highly anticipated start to earnings season, PepsiCo (NASDAQ: PEP) will be one of the first of the “big names” to report earnings. The company will deliver its second-quarter earnings report before t... Read the Full Story |
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Markets | | The dreaded bear market implies an economic recession led by a falling stock market. During sharp bear market sell-offs, it appears nothing is spared as panic takes over and the proverbial baby gets thrown out with the bath water. The best gauge of a bear market is to use the benchmark indices like ... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Consumer Discretionary | |
Electric cars currently make up around 5% of total car sales in North America, and Tesla (NASDAQ: TSLA) sales make up around 75% of that 5%. Tesla not only enjoys a dominant position in the US, but it also enjoys a dominant position globally. But 2022 could be a watershed year, as new EV models ar... Read the Full Story |
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Consumer Staples | |
In light of recent news, should you steer clear of Altria Group Inc. (NYSE: MO)?
Let's take a quick look at what's happening. The federal government has made plans to slash nicotine levels and enforce a maximum nicotine level in cigarettes and other combusted tobacco products in order to curb add... Read the Full Story |
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Consumer Discretionary | | Discount retailer Five Below (NASDAQ: FIVE) stock has fallen (-41%) on the year. The popular specialty value retailer sells everything from clothing, home products, candy, toys and games to household products, cosmetics, and accessories for $5 or less. The Company caters to consumers seeking a repri... Read the Full Story |
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Markets | |
During a bear market, stocks tend to rise sharply and lose steam, putter around and then collapse back down. A buy-the-dip strategy works in a bull market, but it can be detrimental in a bear market as the collapses progressively take the stock to lower lows. Ultimately, you can end up a bagholder... Read the Full Story |
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Consumer Discretionary | | Levi Strauss Is A Good Fit For Dividend Investors
Levi Strauss (NYSE: LEVI) proved the power of omnichannel business and the shift of direct-to-consumer sales once again. The company not only managed to outperform in Q2 but it reaffirmed its guidance which is about the best we can expect for this ... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies for biofuel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that comprise cooking oils, shortenings, margarines, mayonnaise, renewable diesel feedstocks, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. This segment also refines and fractionates palm oil, palm kernel oil, coconut oil, and shea butter, and olive oil; and produces specialty ingredients derived from vegetable oils, such as lecithin. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Global SA was founded in 1818 and is headquartered in Chesterfield, Missouri. | | View Today's Stock Pick |
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