Good MorningThe equities markets hit a bottom at the end of last week and may move higher this week but investors are urged to caution. The rebound, if one develops, will be the result of light trading volume during a holiday week and may set the market up for a big fall next week. Next week is the first of the Q2 peak earnings reporting season and it may bring bad news. The first important reports will come from the banking sector which should give insights into the health of the consumer. If consumer trends within the financial sector weaken we can only expect the same elsewhere in the economy.
The hurdle for the market this week will come on Friday with the June non-farm payroll report. The report is expected to show a slow-down in hiring coupled with another strong increase in wages that will up the ante in regard to the FOMC. The FOMC is expected to hike rates at an economy-crushing rate over the next two meetings and their pace could be increased if the inflation data continues to come in strong. Featured: The DOJ Just Paved the Way for Account Seizures (Ad) 
|
Stocks | | | If you are positioning yourself for the second half of 2022 and for 2023 we urge quality over quantity. While not all segments and industries are in peril, it is also true that not all companies within well-positioned groups will do well. Read the Full Story |
|
|
Politics | | | Dutch farmers angry at government plans to slash emissions are using tractors and trucks to blockade supermarket distribution centers, the latest actions in a summer of discontent in the country’s lucrative agricultural sector Read the Full Story |
|
Stocks | | | Growth stocks have been getting pummeled this year due to fears of slowing growth, tightening margins, and recession but in some cases, the baby is getting tossed out with the bathwater. In this case, it’s more like the puppies and kittens are getting tossed out with the bathwater but the meaning is the same. Read the Full Story |
|
|
Markets | | | The market conditions aren’t screaming “buy growth stocks now” at us but that doesn’t mean all growth stocks, like PetVivo (OTCMKTS: PETV), are or will suffer the same afflictions. PetVivo caught our attention because of two things; its market and a new deal to market its lead therapy. Read the Full Story |
|
Politics | | | Breakfast food giant Kellogg Co. lost a legal bid Monday to block new anti-obesity measures in England banning the promotion of sugary cereals.
The U.S. company that makes Coco Pops, Frosted Flakes, Frosties and Rice Krispies had challenged the U.K. government over regulations taking... Read the Full Story |
|
|
Markets | | | Fashion brand PVH Corp (NYSE: PVH) stock is down (-47%) on the year but the Company is still profitable. PVH gave lowered guidance moving forward despite sell out at full price remaining strong as consumers continue prove resilient in denim, shirts, and woven top categories for both its premium Calv... Read the Full Story |
|
Politics | | | After the U.S. Supreme Court revoked the federal right to abortion that’s been in place for half a century, companies like Amazon, Disney, Apple and JP Morgan pledged to cover travel costs for employees who live in states where abortion is now illegal so they can terminate pregnancies Read the Full Story |
|
Politics | | | Ukrainian President Volodymyr Zelenskyy said Monday the reconstruction of his war-battered country is the “common task of the entire democratic world," as his prime minister laid out a $750 billion recovery plan once the guns of Russia's invaders fall silent one day.
As Russian forces... Read the Full Story |
|
Markets | | | The rent has come due for America’s small businesses and at a very inopportune time.
Landlords were lenient about rent payments during the first two years of the pandemic. Now, many are asking for back rent, and some are raising the current rent as well. Meanwhile, most of the govern... Read the Full Story |
|
Markets | | | Chinese social media company Hello Group (NASDAQ: MOMO) stock has fallen (-34%) on the year despite being profitable. The Company operates two major apps including the social media app MOMO and Tantan, a dating app similar to Tinder. Top line revenues and user growth has receded with the spread of C... Read the Full Story |
|
Tuesday's Early Bird Stock Of The Day Haemonetics Corporation, a healthcare company, provides suite of medical products and solutions in the United States and internationally. The company offers automated plasma collection systems, donor management software, and supporting software solutions including NexSys PCS and PCS2 plasmapheresis equipment and related disposables and solutions, as well as integrated information technology platforms for plasma customers to manage their donors, operations, and supply chain; and NexLynk DMS donor management system and Donor360 app. It also provides automated blood component and manual whole blood collection systems, such as MCS brand apheresis equipment to collect specific blood components from the donor; disposable whole blood collection and component storage sets; SafeTrace Tx blood bank information system; and BloodTrack blood management software, a suite of blood management and bedside transfusion solutions that combines software with hardware components, as well as an extension of the hospital's blood bank information system. In addition, the company offers hospital products comprising TEG and HAS hemostasis analyzer systems that provide a comprehensive assessment of a patient's overall hemostasis; and TEG Manager software, which connects various TEG analyzers throughout the hospital, providing clinicians remote access to active and historical test results that inform treatment decisions. Further, it provides Cell Saver Elite +, an autologous blood recovery system for cardiovascular, orthopedic, trauma, transplant, vascular, obstetrical, and gynecological surgeries; and VASCADE products comprising VASCADE and VASCADE MVP, a technology platform which offers catheter-based delivery system and leverages the natural clot-inducing properties of collagen. The company sells its products through direct sales force, independent distributors, and sales representatives. Haemonetics Corporation was founded in 1971 and is headquartered in Boston, Massachusetts. | | View Today's Stock Pick |
|
