Good MorningIt’s a rally. The markets are all finished in the green to close the week. The only thing that changed is that an increasing number of experts are beginning to believe that the Federal Reserve will not raise interest rates more than 75 basis points at their next meeting. And in a week that brought a lot of bad news regarding inflation, investors had to cheer the news that the long-term inflation outlook is at its lowest level in a year.
However, we would caution investors on getting complacent. The market is going to continue to be volatile. Next week, earnings season will begin in earnest. There are still expectations for a profits recession. Several companies have pre-emptively lowered their already lowered guidance.
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Markets | |
-EPS was down 8% y-o-y.
-Total revenue fell by 4%, to $3 billion, and down 1% ex adjustments. Fee revenues were down 6% due to lower equity and fixed income. FX trading partially offset the lower fees.
-Expenses were largely flat for the year at $2.1 billion.
-Pre-tax margin was 28% down 3% y-o... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Consumer Discretionary | |
Whirlpool (NYSE: WHR) is currently down -31.51% YTD. Part of the reason for this sell-off is that the company announced late last month that it would sell its operations in Russia to Turkish appliances maker Arçelik AS (OTCMKTS: ACKAY) and is expected to incur $300M to $400M loss in the pro... Read the Full Story |
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Medical | |
Diversified global medical science products maker Abbott (NYSE: ABT) stock is down a modest (-11.5%) on the year. Abbott provides full lifecycle health and medical products from baby formula to nutrition supplement products, chronic disease treatments and medical devices to generic pharmaceuticals... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
We monitor subtle shifts in order flow, volume patterns, and early trend behavior.
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Markets | | Membership based warehouse retailer Costco (NASDAQ: COST) stock has trimmed its losses to (-7.7%) on the year. The retail giant operates 830 warehouses worldwide including the majority 574 locations in the U.S. It has fared much better than rival consumer retailers Target (NYSE: TGT) and Walmart (NY... Read the Full Story |
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Technology | | E-commerce infrastructure platform Shopify (NYSE: SHOP) stock has crumbled a whopping (-77%) in 2022. The popular commerce platform paves the way for digital transformation by enabling small businesses to set up shop online quickly and efficiently. It also enables them to not just start a business o... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Consumer Staples | |
WD-40 Company Got Hammered By COVID
WD-40 Company (NASDAQ: WDFC) had about as good a quarter as can be expected given the circumstances, and that has the stock set up for a rebound. The market in WD-40 Company stock has been in a protracted downtrend for several quarters now, and it is overextend... Read the Full Story |
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Markets | |
The U.S. dollar continues to head higher as the Federal Reserve increases rates to record levels. The DXY recently hit 107 and is likely to head higher with other major currencies such as the Euro, Yen, and Pound all facing pressure due to differences in interest rates. American companies should b... Read the Full Story |
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Technology | | Financial services firm Block (NYSE: SQ) stock has fallen (-59%) for 2022. The e-commerce processing and payments platform subsidiary Square expanded its services through acquisition and integrated them into its wildly popular Cash App mobile payment service. The Bitcoin Lightning Network was added ... Read the Full Story |
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Medical | |
There are short-term and long-term opportunities for PFE stock
Pfizer (NYSE: PFE) stock is down 12% in 2022. Even though that’s better than the broader market, there are some concerns that Pfizer’s Covid-19 vaccine rally is winding down. But a recent announcement by the United States... Read the Full Story |
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Industrials | |
Plug Power Has A Solid Base Of Support
The price action in Plug Power, Inc (NASDAQ: PLUG) has been as volatile as any stock in our coverage over the last year and, like some others, appears to be at or near its bottom. The price action is down nearly 80% since hitting its peak and, coincidentall... Read the Full Story |
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Monday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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