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: New England's Grid Crisis Could Spread Across America (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 | | The Supreme Court just handed down a digital-privacy ruling that most crypto investors haven't connected to the crypto market yet.
One project's technology is already being integrated into a major decentralized lending protocol holding approximately $11 billion in deposits.
My research team and I have spent years studying emerging blockchain projects before they become widely followed. Previous recommendations have included OCEAN, KDA and PRE, along with other projects that produced substantial gains during their strongest runs. But we believe this project combines several traits that are rarely found in one opportunity. | | Get the name and full “Freedom Coin” research here. |
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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 | | Keith Kaplan has invested $17 million into his own AI research platform, now used by 180,000 investors worldwide.
The analyst, who called the 2020 crash early, is working with a former NSA codebreaker and Pentagon insider on a new approach to AI stocks ahead of September 30.
Investors like Stephen and Keith W. say the tools helped shape their portfolios, though results vary and are not typical. | | Get the full details on Keith Kaplan's AI stock research 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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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 | | Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experiment called Project Prophet - and documented everything on film.
Rooted in the laws of physics, this quantitative approach challenges conventional wealth-building wisdom. With 17 years of verified data behind it, Porter calls it unlike anything he has seen in nearly 30 years in the business. | | Watch the full investigation and decide for yourself |
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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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