Good MorningEquity markets pulled back more than 1%to start the week as traders and investors brace for the peak of earnings season. There are 73 S&P 500 companies reporting this week including 7 Dow components so the impact on the market could be tremendous. The general expectation is for earnings to beat the consensus but by the smallest margin in years and for the guidance to be weak, a trend that will weigh on the market moving forward. In regard to the outlook for earnings, the outlook for Q2 results ticked up a hair over the past week but consensus estimates for Q3, Q4, the full year 2022, and full year 2023 are all moving lower.
On the economic front, the next big hurdle for the market is the July FOMC meeting. The meeting isn't for two more weeks, however, but it comes before the next read on inflation. After the latest CPI and PPI data, the market should be ready for a 100 basis point rate hike or at least the indication a 100 bps hike is on the way. Between then and now, the most important data point on the calendar is the Index of Leading Indicators and we expect to see a third consecutive month of negative growth. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Financial Services | |
Is the financial services corporation Citigroup Inc. (NYSE: C) a good next buy for your portfolio? If you're scouring headlines to look for an excellent bank stock that pays dividends, you might want to consider Citigroup's strengths (including the choppy, storied history).
Let's take a look at ... 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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Technology | |
The bears may have control, but playing the long game on AMD stock is still a solid move
Advanced Micro Devices (NASDAQ:AMD) is illustrative of how quickly sentiment can turn. From the onset of the Covid-19 pandemic to the end of November 2021, AMD stock climbed 290%. The pandemic was a super cy... Read the Full Story |
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Consumer Discretionary | |
The slumbering bear market of 2022 has been rough on all sectors (except the energy sector) and most individual stocks.
The silver lining, however, is that the shares of a lot of fundamentally sound companies are on sale. Names that have fallen out of favor with the market yet still have solid ba... 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.
Stock News Trends highlights moves long before they hit mainstream screens. | | Join Free — Start Tracking Early Market Data |
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Markets | |
Dividends Will Make The Difference In The Second Half
While Samsung’s results may not spark a major reversal in the chip industry they, and other signs within the market, suggest a bottom is in play and it’s one for dividend investors to take advantage of. The chip stocks are underval... Read the Full Story |
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Medical | |
Vaccine developer Novavax (NASDAQ: NVAX) stock has collapsed (-61%) in 2022. The Company’s protein-based COVID-19 vaccine Nuvaxovid has launched in Europe and awaits CDC approval for launch the U.S. The U.S. FDA approval was granted on July 13th making it the fourth COVID-19 vaccine approved... 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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Markets | |
These companies provide peace of mind that comes from regular income
Many companies pay dividends on a quarterly or annual basis. However, a select group of companies pay out monthly dividends. For income investors, monthly dividend payments generate a predictable source of income. This provides ... Read the Full Story |
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Markets | |
AMC Rides Wave Of Blockbuster Movie Openings
While the movie industry is still a bit shy of regaining its pre-pandemic business levels AMC Entertainment (NASDAQ: AMC) is on track for a blockbuster quarter. The last few months have seen no end of high-grossing movie openings, and the trend is set... Read the Full Story |
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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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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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Tuesday'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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