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: Are we ignoring the same signal Wall Street ignored in 1929? (Ad) 
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Auto/Tires/Trucks | |
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 | | Ray Dalio - who has made more money for clients than any hedge fund manager in history - is warning of a historic crisis for stocks that could keep portfolios in the red for 10 years.
In the last three years alone, $31.5 trillion has been wiped from the market through annual crashes. More than 2,000 early adopters are already using a new TradeSmith tool designed to help protect and grow wealth regardless of what the market does next. | | See how to try this portfolio tool completely free today |
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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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Construction | |
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 | | Tesla's most recent SEC filing contains a single line showing $12 billion in revenue from a new venture Elon Musk has been quietly building inside the company — one that has nothing to do with cars, robots, space, or AI.
Blackstone calls the underlying opportunity a $23 trillion market. On July 22, Elon is expected to go public with it. Former hedge fund manager Adam O'Dell says he already knows what's coming — and is sharing the name and ticker of one of his top picks to play it, free. | | Watch Adam O'Dell's full briefing and claim your free ticker now |
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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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Aerospace | | 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 | | We develop tools and strategies to the best of our ability, but we can't guarantee the future. There is always a risk of loss when trading. Past Performance is not indicative of future results. Between 10/30/23 - 4/2/2026, the win rate is 94.5%, the average return is 11.9% (including winners and losers), and the average hold time is less than 24 hours. | | Access the free day trading rules and criteria right now |
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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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