Good MorningEquity investors face a tough decision in the weeks ahead. The FOMC is about to hike interest rates by another 50 basis points, and the S&P 500 is on the brink of what could be an abysmal earnings reporting season. The first reports from the banking sector were better than expected but resulted in a downtick in the outlook for Q1 and Q2 earnings, sure to bring the index down with it. The latest news is that analysts expect earnings to decline by at least 0.5% in the first half of 2023, and the estimates are still trending lower.
This week could be pivotal for the S&P 500. The latest read on retail sales is due on Wednesday, which could be weaker than expected. The consensus of economists is for sales to have fallen by at least 1.0%, including the impact of inflation which is up 6.0% versus last year. The takeaway is that economic activity in the retail sector is in contraction on both a volume and a dollar basis and will drag S&P 500 earnings power down with it. Featured: The AI IPO window is opening fast (Ad) 
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Retail/Wholesale | |
There are 2 hot markets the insiders are buying, and investors need to know about them. One is an old name for Insidertrades.com readers because it has seen hot insider action all year. The other is a new name to the coverage but is seeing heavy insider action and rising share prices.
The first i... Read the Full Story |
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From Our Partners | | Elon Musk bought Super Bowl ad time at $266,000 per second - something he has never done before. 125 million Americans watched, but Whitney Tilson, former manager of a $200 million hedge fund, says most investors missed what it actually means.
With 1 in 3 Super Bowl viewers using buy-now-pay-later services and 40% of Americans carrying more credit card debt than savings, Tilson believes Elon's message reveals a major economic current - and a clear signal for where smart money should be positioned. | | Watch Tilson's free presentation to see what he thinks you should do now |
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Technology | |
Alphabet (NASDAQ: GOOG) has evolved into becoming one of the world's most used tech companies and the most recognizable. Looking at some of the numbers: 99,000 searches are made on Google per second, and around 3.7 million videos are uploaded to YouTube every day.
Founded by Stanford Ph.D. studen... Read the Full Story |
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Technology | |
Michael Burry, also known as 'big short,' is a former hedge fund manager who has made legendary bearish calls over the last few decades.
Burry foresaw the subprime mortgage crisis of 2007 and made close to a billion dollars for his investors by taking short positions on the mortgage bond market.
... Read the Full Story |
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From Our Partners | | The U.S. Treasury still carries America's gold reserves at $42 per ounce — a price set generations ago. Buried in U.S. Code Title 31, Section 5117 is a provision allowing the Treasury to revalue those reserves to modern market prices. With gold now trading above $2,600 and record government debt putting pressure on the monetary system, attention is returning to this mechanism and what a revaluation could mean for the dollar and for private gold holders. Historically, when monetary systems shift, wealth doesn't disappear — it moves. The U.S. Gold Bureau has put together a complimentary Precious Metals IRA investor guide for Americans looking to understand how to position ahead of the next phase. | | Request Your Free Precious Metals IRA Guide from the U.S. Gold Bureau |
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Technology | |
A few years back, the investment theme of Apple Inc. (NASDAQ: AAPL) suppliers was in vogue. While that’s not as popular as it once was, Apple component supplier mid-cap Jabil Inc. (NYSE: JBL) is up 14.24% in the past week as the stock broke out of a base that began in early December.
Flori... Read the Full Story |
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Consumer Discretionary | |
Casino operator Wynn Resorts Limited (NASDAQ: WYNN) stock is up +17% for 2023 as sentiment improves over the potential for a China re-opening in 2023. China has started to lift its zero-COVID restrictions after three years of lockdowns. How important is China, notably Macau, to Wynn? Macau used to... Read the Full Story |
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From Our Partners | | This feels like one of those ''where were you when Kennedy was shot'' moments. It felt like a moment in time, but that single shot started an avalanche of investigations, accusations, and conspiracy theories.
That's what you just witnessed with the death of the Ayatolla Khamenei.
Because the strikes proved how fragile things can get: billions could be lost. Seniors and the vulnerable put at risk. | | So to make it easy, Get the 2026 Retirement Survival Guide. Plain-English, step-by-step |
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Energy | |
If you are wondering about Halliburton (NYSE: HAL), the oilfield supercycle and if the 2 will hit new highs, it certainly looks that way. Not only is the stock trending higher, but the outlook for earnings and the analysts’ sentiment is also trending higher. In this light, only results can s... Read the Full Story |
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Consumer Discretionary | |
Two trading weeks into the new year, Warner Bros. Discovery, Inc. (NASDAQ: WBD) is putting on quite a show.
No other S&P 500 name is off to a hotter start than the diversified media company. Peers like Disney, Paramount Global and Charter Communications have each racked up double-digit percen... Read the Full Story |
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Retail/Wholesale | |
Integrated healthcare and pharmacy retailer Walgreens Boots Alliance Inc. (NYSE: WBA) stock recovered some sell-off losses from its fiscal Q1 2023 earnings release. The nation's second-largest pharmacy chain may finally put its opioid litigation behind them. The Company and competitors CVS Health ... Read the Full Story |
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Auto/Tires/Trucks | |
Social commerce platform Pinterest Inc. (NASDAQ: PINS) stock has been in a five-point trading range since September 2022. Pinterest is a social commerce platform that advertisers can feel comfortable about not being controversial as it promotes positivity, inspiration, and DIY content catering to ... Read the Full Story |
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Retail/Wholesale | |
The Dividend Kings are an attractive bunch with their 50+ years of dividend increases, and a track record that exudes stability and safety for income-seeking investors. The only downside to the group is that they often come at high valuations and lower-than-average yields because of that safety.
... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois. | | View Today's Stock Pick |
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