Good MorningEquities retreated on Thursday following a hotter-than-expected CPI report. The CPI report shows consumer-level inflation accelerating versus the previous month and the headline figure versus the prior year. The takeaway is that inflation and resilient labor markets will keep the FOMC from cutting rates as early as the market expects, which means higher-for-longer is still in effect. As it is, the market shouldn't expect the first interest rate cuts until mid-year or later, and there is a risk another rate hike is on the way. Without another substantial improvement in inflation, the FOMC may have no choice.
The S&P 500 fell nearly a full percent following the CPI and shows lingering resistance at recent highs. The market recovered the loss before the close but created a bearish signal with the movement. With no catalyst to move the market higher, the S&P 500 will likely enter a correction soon. The caveat is that earnings season starts today with releases from the big banks, and the news could help lift spirits. The banks benefit from higher interest rates and are expected to post solid results; if they say consumer habits are still healthy, the market could quickly move to a new all-time high by the end of the reporting period. Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Industrials | |
Shares of Bloom Energy Corporation (NYSE: BE) are up more than 17% in the last week. The immediate catalyst is a timely analyst rating from Morgan Stanley (NYSE: MS) that drew attention to potentially bullish expansion news for the company. This article will take a closer look at what the analysts... Read the Full Story |
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From Our Partners | | More than 25 candidates were screened for share price between $1 and $5, market cap above $100 million, daily volume over 500,000 shares, and over $10 million in trailing revenue.
Only five stocks cleared every filter, spanning five different sectors. Two are profitable today, and one pays a substantial dividend.
The report also flags what could go wrong with each pick, including dilution and convertible debt. | | See the five stocks that survived this strict revenue screen |
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Consumer Staples | |
With the country bracing for a potential recession, it may be time for investors to crave The Hershey Company (NYSE: HSY). Over the last 15 years, two significant recessions have occurred: The Great Recession of late 2007 to 2009 and the Covid-19 recession. During this time, Hershey's stock has ad... Read the Full Story |
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Consumer Discretionary | |
Amazon.com Inc. (NASDAQ:AMZN) stock illustrates the point of how what goes up must come down. That’s true even when you have a customer base like Amazon.
The company’s stock surged during the pandemic because its two core businesses – e-commerce and cloud computing – wer... Read the Full Story |
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From Our Partners | | One fund holds Nvidia, CrowdStrike, Palantir and other major AI names, and pays a 34% annualized distribution rate.
Instead of guessing which AI stock wins, this fund delivers income every single Thursday, up to $1,051 a month.
Chief Income Strategist Tim Plaehn breaks down what's inside the fund and how the weekly payouts work. | | Watch the free video to see how the weekly payouts work |
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Industrials | |
The sentiment in trucking stocks soured in 2022 due to lingering issues with costs, drivers and a downtick in pricing and demand that have put a cap on revenue and earnings growth targets. Sentiment in this group has shifted for the better, however. Many of the top stocks are forming bottoms and l... Read the Full Story |
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Industrials | |
It’s been a turbulent few years for Boeing (NYSE: BA) between Dreamliner issues, the 737 Max grounding, and the pandemic. Now it looks like the times are changing for this company, and the institutions are booking a flight. The institutions own about 57% of the stock, and their holdings are ... Read the Full Story |
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Healthcare | |
It is not uncommon for biotech and pharmaceutical companies to work on a single product, focusing their attention and resources on medicine or treatment that is truly groundbreaking. And while some of these therapies may only treat a small population, they can still be profitable.
Both Catalyst P... Read the Full Story |
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Consumer Discretionary | |
The Ford Motor Company (NYSE: F) stock price has gained significant traction over the past five days as it's currently up over 8 percent at the time of writing.
Shares of the automaker rallied on 10 Jan amid news that one of Ford India's manufacturing plants was successfully acquired by Tata... Read the Full Story |
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Consumer Staples | |
It’s been a monster run for Monster Beverage Corporation (NASDAQ: MNST). Over the last 15 years, shares of the energy drink maker have returned 19.7% annually while delivering phenomenal financial results along the way. It’s a return that’s more than double that of the broader U.... Read the Full Story |
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Consumer Discretionary | |
Amazon.com Inc. (NASDAQ: AMZN) celebrated New Year’s not where it wanted to be, at support levels down around $81. But what can you expect after laying off thousands of employees at year’s end or failing to meet investors’ expectations? It’s not exactly bullish behavior.
W... Read the Full Story |
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Communication Services | |
Using a publicly available periodic transaction report, investors can look at some of the stocks former house speaker and democrat leader Nancy Pelosi speculated on using options.
Nancy Pelosi allegedly has a net worth of around $120 million, while her husband, Paul Pelosi, operates a real e... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator. It also provides engineering and procurement services comprising advisory, concept and proposal developments; FEL I, II and III studies; construction and legalization services; and operation and maintenance services. In addition, the company is involved in hydrogen project development. It serves natural gas networks and grids, oil refineries, ammonia producers, regulators, and related government departments. Fusion Fuel Green PLC was founded in 2018 and is based in Dublin, Ireland. | | View Today's Stock Pick |
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