Good MorningAnd now we wait. The markets had a choppy day. But not even Pepsi’s bubbly guidance was enough to keep stocks in positive territory.
Oil was down as concerns over another Covid lockdown in China gain steam. And the yield on the 10-year continues to fall as many investors fly to the relative safety of government bonds. All of this could have to do with the strength of the U.S. dollar. The greenback is having itself a month which is good news if you’re planning a European vacation.
The only thing that seems clear is that investors are bracing for the June CPI data. That comes out on Wednesday before the market opens. The White House and many analysts seem to be conceding that the number will come in hotter than expected. And if it does, a 75 basis point hike by the Federal Reserve later this month will be the least of investor’s concerns.
But what if it the number is in-line with prior expectations? The stock market is already pricing in high inflation. Anything resembling “less bad” news may be just the tonic the market needs.
Featured: The case for trading fewer setups, not more (Ad) 
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Transportation | |
-Greenbrier’s net profit fell from $3.9 million to $15.9 million in the same quarter in 2021. EPS came in at $0.59.
-Revenue came in at $793 million vs. $450 million in the previous years.
-Cost of goods sold increased by 91% versus revenue, which was up 79%.
-Greenbrier’s stock is ... 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 | | Just when the COVID pandemic was starting to appear further and further back in the rear view mirror, airline operators have been hit hard again during the prime business months of summer. After struggling for weeks with huge passenger numbers and too little staff, London’s Heathrow airport, E... Read the Full Story |
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Old Dominion Freight Line (NASDAQ: ODFL) is a dividend growth stock with an unusual twist. The company only recently started paying a dividend in 2017, and its yield of 0.44% puts it at the bottom 25% of all stocks that pay dividends. To put that yield into perspective, owning $1,000 worth of shar... 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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Retail/Wholesale | | Online styling and apparel retailer platform Stitch Fix (NASDAQ: SFIX) shares have been a disaster falling (-72%) on the year. The online personal styling service was hurt during the COVID-19 lockdowns despite the migration to e-commerce as consumers flocked to athleisure and comfort wear at home. T... Read the Full Story |
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Medical | |
When you're on the hunt for a great long-term dividend stock, you may want the perfect stock. The Dividend Aristocrats or Dividend Kings may come to mind first — companies that have proven they offer a high dividend for decades. Dividend Aristocrats must show evidence of dividend increases f... 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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If smaller-company stocks were a music mash-up, they’d be ‘smid caps’.
This collaborative asset class combines small-capitalization and mid-capitalization stocks. It is a broad collection of companies that span economic sectors. It encompasses market valuations above $300 millio... Read the Full Story |
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Auto/Tires/Trucks | |
Tesla (NASDAQ: TSLA) continues to rely on a number of factors along with credits to maintain its profitability. The company made a net profit of $721 million in 2020, but it sold $1.58 billion in credits which were clearly distorting the bottom line. In 2019 the company lost $816 million while sel... Read the Full Story |
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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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Consumer Staples | |
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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Wednesday's Early Bird Stock Of The Day GFL Environmental Inc. offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers. The company was incorporated in 2007 and is headquartered in Vaughan, Canada. | | View Today's Stock Pick |
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