Good MorningThe bear market rally extended itself to a new high last week and it may continue higher in the near term. the rally is driven by news that is not-as-bad-as-expected but the fact inflation is still very high and cutting into economic activity remains. Last week's CPI is the latest culprit coming in cooler than expected but still a hot 5.9% YOY at the core level. At this pace, the market should be expecting the FOMC to continue hiking at an aggressive pace until inflation is at more manageable levels.
This week the market will be faced with another full slate of economic data and reports from a large portion of the retail sector. On the economic front, retail sales top the list but there are several reads coming out of the housing sector and the Index of Leading Indicators as well. The Leading Indicators have been negative for the last three months and could come in negative again. Featured: This Market Is Full Steam Ahead (Darwin) |
Markets | | The world’s largest movie theater chain AMC Entertainment (NYSE: AMC) stock has recovered in recent weeks to being down just (-17%) for the year. The pandemic put the movie theater industry on the edge as the epicenter industry faced many bankruptcies with smaller theaters, independent theater... Read the Full Story >> |
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From Our PartnersThere's still plenty of upside ahead for gold stocks.
Goldman Sachs says gold could run to $2,500 by the end of the year-especially with fears of a potential recession. And, according to Jeff Currie, Goldman Sachs global head of commodities research, as quoted by Bloomberg, "It's a perfect storm for gold right now."
So, where should we invest? Try these. | Click Here to Download the FREE Report |
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Markets | |
Hydrogen fuel cell technology provider Plug Power (NASDAQ: PLUG) stock has gotten a shot in the arm with the passing of the Inflation Reduction Act of 2022. The bill has brought life to renewable energy and electric vehicle (EV) stocks. The provider of hydrogen fuel cell (HFC) turnkey systems miss... Read the Full Story >> |
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Markets | | Digital advertising technology (AdTech) company The Trade Desk (NYSE: TTD) stock took a nosedive when digital advertising networks signaled the slowdown in digital advertising. It’s been a rough two-years for the adtech industry. Apple’s (NASDAQ: AAPL) privacy clampdown and Google&... Read the Full Story >> |
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From Our PartnersIncome expert Marc Lichtenfeld is giving away his Ultimate Dividend Package. Inside, you'll get the names and ticker symbols of his TOP FIVE dividend stocks right now, including an "A"-rated, ultra-safe dividend stock with a huge 8% yield and his No. 1 dividend stock for a LIFETIME of income. | Click here before the download link expires. |
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Stocks | |
Diversification is the edge for any portfolio. Rising inflation is impacting discretionary consumer spending. These stocks tend to be good recession hedges by either thriving in a recessionary period or are essential products needed regardless of the economic landscape. The following four companie... Read the Full Story >> |
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Stocks | |
Coca Cola versus Pepsi. Ford versus General Motors. Boeing versus Airbus.
The corporate world is filled with heated rivalries spread across many industries. Like classic sports team rivalries, they capture our imaginations because we can’t resist seeing two well-matched giants battle it out... Read the Full Story >> |
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Politics | | Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy picked up momentum in the last quarter.
Tokyo and Sydney advanced while Hong Kong, Shanghai and Bangkok fell. U.S. futures edged lower early Monday, while oil prices ... Read the Full Story >> |
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Politics | | China’s central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is trying to extend his hold on power.
The decision suggested Beijing is temporarily setting aside worries over high debt to act to hea... Read the Full Story >> |
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Tech | | The children and teens who remain in eastern Ukraine are retreating into social media, video games and other digital technology to cope with the isolation and stress of Russia's war that rages on the nearby front line Read the Full Story >> |
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Markets | | Japan’s economy grew at an annual rate of 2.2% in the April-June quarter, the government said Monday, as consumer spending rebounded with the gradual lifting of pandemic precautions.
After keeping its borders closed to most travelers throughout the pandemic, Japan has slowly begun re... Read the Full Story >> |
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Markets | | Japan’s economy grew at an annual rate of 2.2% for the April-June quarter from the previous quarter, the government said Monday, as consumer spending rebounded with COVID-19 restrictions getting gradually lifted.
Japan’s gross domestic product, or GDP, the sum of the value of a natio... Read the Full Story >> |
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Monday's Early Bird Stock Of The Day Twilio Inc., together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication. It also offers software products to build direct, personalized relationships with their end users, such as segment, a platform that provides tools for first-party data by unifying real-time information collected; and engage, an automation platform for the delivery of omnichannel campaigns. Twilio Inc. was incorporated in 2008 and is headquartered in San Francisco, California. | View Today's Stock Pick |
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