Good MorningEquity markets rebounded last week following better-than-expected commentary from Fed Chief Jerome Powell. The FOMC hiked interest rates by only 75 basis points and indicated the pace of interest rate hikes could slow over the next two meetings. The bad news is the PCE index belied that sentiment by rising to the highest level in 30 years as the pace of consumer level inflation accelerates. The takeaway is that near-term headwinds are priced into the market but long-term headwinds are still present and getting stronger.
Next week will be another hurdle for the market in regard to both the economic data and the earnings. The economic data include several key reads but topping the list is the Non-Farm Payroll report. The NFP report is expected to show a slowdown in the pace of hiring and wages which is mixed news indeed. As for earnings, reports from another 20% to 30% of the S&P 500 are expected over the next 5 days. Featured: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
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Consumer Discretionary | |
Rivian (NASDAQ: RIVN) is an American electric and automotive maker, that is based out of Irvine, California. Rivian is a part of a growing number of electric car makers that have entered the competitive automotive market in the past decade, others include Tesla (NASDAQ: TSLA), Lucid Motors (NASDAQ... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Markets | | The Australian Dollar “could be the foreign exchange market's star” as it’s notably undervalued. However, it can only become the proverbial star of forex once the world “rids itself of its current list of ills.” That’s the opinion of Kit Juckes, head of FX researc... Read the Full Story |
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Real Estate | |
Weyerhaeuser Company (NYSE: WY) is an attractive play for the inflationary times for more reasons than one. Not only does this company pay nearly 2.0% in dividend yield, but its three-pronged focus on Timberlands, Real Estate, and Wood Products makes it a real asset with inflation-resistant qualit... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Technology | | A stock is a trading and investing instrument representative of an underlying business. This sounds simple enough, but surprisingly gets too often misunderstood in a bear market. In other words, a stock is not the company. A business is an organization that operates on a day to day basis to pursue g... Read the Full Story |
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Industrials | | Aerospace giant Boeing (NYSE: BA) stock has rallied strong off its post-pandemic lows at $113.02 to cut its losses on the year to (-24%). While the pandemic crushed Boeing, it is reaping the benefits of rebound in the epicenter travel industry. The Company saw demand spike for commercial aircrafts a... Read the Full Story |
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From Our Partners | | SpaceX just went public - and Whitney Tilson, Harvard MBA and 30-year Wall Street veteran, says buying in could be a costly mistake. He calls it among the most overhyped, overvalued large-cap offerings ever pushed onto everyday investors.
Tilson believes a rare economic event is approaching - one with serious consequences for your portfolio this summer. He has prepared a free analysis outlining what he sees and the specific steps he recommends taking now. | | Read Tilson's free analysis and find out what to do with your money |
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Markets | |
Social media platform Twitter (NYSE: TWTR) stock has had a tumultuous year as Tesla (NASDAQ: TSLA) CEO Elon Musk pulled his $54.20 per share and $44 billion takeover offer. There is much speculation that Musk might still be interested in the social media giant but at a cheaper price. The Company h... Read the Full Story |
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Industrials | |
In July 2022, U.S. stocks posted their best month this calendar year. While the S&P 500’s 9.1% ascent had much to do with hopes for a less aggressive Fed rate hike campaign, there was another big factor—earnings season is off to a good start!
And with plenty more earnings reports ... Read the Full Story |
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Markets | | While much of the media is captivated about the upcoming trial between Twitter (NYSE: TWTR) and Elon Musk, investors may have noticed the stock didn’t get much of a nudge - in either direction - following its second-quarter report this month.
So what’s next for the little blue bird?
... Read the Full Story |
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Utilities | |
Interested in utility stocks? Investors may want to stick to utility stocks like superglue on fingers because they offer high reliability and stability regardless of what's going on in the rest of the world. Consumers need utilities, and what's better than the combination of consistency and ongoin... Read the Full Story |
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Utilities | |
Procter and Gamble (NYSE: PCG) is an American multinational consumer goods company that is headquartered out of Cincinnati, Ohio. P&G reported earnings on 29th July 2022, and shares were down 4% in pre-market on results.
“Fiscal year 2022 was another strong year,” said Jon Moeller... Read the Full Story |
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Monday's Early Bird Stock Of The Day Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. The company was founded in 1913 and is headquartered in Vancouver, Canada. | | View Today's Stock Pick |
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