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: SpaceX Opens Up 11% — Here’s What You Need to Know (Ad) 
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Technology | | 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 |
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From Our Partners | | Porter Stansberry - who warned readers about Fannie Mae in 2006, called gold in 2008, and predicted COVID-era inflation - believes the U.S. dollar is undergoing its most significant reset since 1974.
In a new documentary, Stansberry connects the tariffs, the Greenland obsession, the $1.4 trillion UAE deal, and disputes with China to what he calls Trump's New Dollar - and explains specific steps investors should take before a critical meeting of world leaders this December. | | Watch the documentary and learn what steps to take now |
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Retail/Wholesale | |
Pet Health Is Still A Growth Market
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 to... Read the Full Story |
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Markets | |
PetVivo Enters Into A Definitive Agreement For Lead Therapy
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 bec... Read the Full Story |
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Consumer Discretionary | | 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 |
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Consumer Discretionary | |
Investing, For Now, Is About Quality, Not Quantity
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. This m... Read the Full Story |
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From Our Partners | | The government just committed $200 billion to building computer chips on American soil - one of the largest technology bets in U.S. history.
George Gilder, who has tracked technology signals for over 40 years, believes Washington just tipped its hand. He says this move points to a coming shift in computing that could leave today's machines behind - and most investors have already moved past the headline. | | See the signal George Gilder is reading before the market catches on |
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Consumer Discretionary | |
Few businesses were as hard hit by the coronavirus outbreak as cruise line operators, and Carnival Corporation (NYSE: CCL) was no exception.
Yet despite the progress the company has made over the last couple of years, its share price has completed a return voyage to March 2022 levels. Fears of a ... Read the Full Story |
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Construction | |
The Bottom Is In For KB Home
We highlighted KB Home (NYSE: KBH) earlier this year when it became apparent the institutions had put a bottom in the stock. While the market for KB Home has since moved down to a new low, the institutional support remains high and suggests a rebound is in the works.... Read the Full Story |
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Finance | | A bear market occurs when the underlying stock or index falls at least 20% from its highs for more than 60-days. The risk-on buy-the-dip strategy reverses into a risk-off and sell-the-rip stance. Bear markets go through periods of panic that is often described as throwing out the baby with the bathw... Read the Full Story |
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Business Services | | Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is a steel recycling and scrap manufacturing company based out of Portland, Oregon. The company reported third-quarter financial results on 31st May 2022.
Highlights:
-Results came in better than expected as the company benefited from domestic non-fe... Read the Full Story |
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Markets | |
Profitable and dependable: These are two words that dividend investors want to hear. When you buy and hold dividend stocks, it means that you invest in them and keep them in your portfolio. You then benefit from the dividends year in and year out.
Because they're solid companies, the companies we... Read the Full Story |
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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 |
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