Good MorningEquity markets went wild on Wednesday as investors cheered the economic data and then realized its true meaning. The surprise decline in producer-level inflation is good news for those concerned about inflation, but the retail sales figure suggests the damage is already done to the economy. Retail sales are up YOY but fell more than 1.0% monthly as higher prices and rising interest rates cut into consumer spending. The takeaway from the data is that S&P 500 pricing power may be headed out the window as input costs fall and demand for finished goods declines.
The data that investors truly need to watch is the consensus figures for S&P 500 earnings. The consensus figures are in decline for the 1st half of 2023 and are a dead weight for the market to bear. Now that index price action has reconfirmed resistance at the 4,000 level and the top of a downward-sloping channel, it looks like January will end with the market flat to down which is not a good sign for the rest of the year will bring.
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Healthcare | |
If you have questions about AbbVie stock, we have answers. The bottom line is that AbbVie is one of the world’s leading pharmaceutical companies and comes with one attractive dividend.
Not only is the dividend a high yield, but it is also a safe, high yield with a robust outlook for distrib... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Technology | |
In this article, we'll cover what you need to know about the KLA Corp stock and company, dividend payment, dividend history and outlook for dividend growth, including how it compares to others in this group.
The key takeaway is that KLA Corporation (NYSE: KLAC) is a high-quality blue-chip technol... Read the Full Story |
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Consumer Staples | |
Even consumer staples juggernaut The Procter & Gamble Company (NYSE: PG) is susceptible to macroeconomic pressures.
In October 2022, the maker of Tide, Bounty, Oral B and many other household essentials missed quarterly earnings expectations. It ended a multiyear streak of Street topping prof... Read the Full Story |
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From Our Partners | | Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.
One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips. | | Access the full analysis, price setups, and catalysts now |
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Markets | |
Today's economic data was a mixed bag for investors, with a decline in producer-level inflation being good news for those concerned about inflation but a decrease in retail sales suggesting damage to the economy.
The decrease in retail sales can be attributed to higher prices and rising interest ... Read the Full Story |
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Finance | |
As a pioneer of the value investing methodology, Warren Buffett is most famous for investing in blue chip brands found in millions of homes and businesses throughout the United States.
Recently though, his investment company Berkshire Hathaway (NYSE: BRK.B) has made some adventurous entries into ... Read the Full Story |
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From Our Partners | | Barrick Mining has spent decades building one of Nevada's richest gold districts, anchored by Fourmile, Goldrush, and Cortez Hills, deposits that could hold up to 60 million ounces of gold.
One overlooked explorer controls 142 claims bordering Fourmile and sitting less than a mile from Goldrush. New geological modeling aims to reveal what's beneath this largely untested ground, while a planned 5% royalty spin-off could give shareholders a separate stake in the project. | | Read the full report before the next catalyst hits |
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Industrials | |
J.B. Hunt’s (NASDAQ: JBHT) Q4 results confirm a trend that has recently developed within the trucking and logistics industry. The analysts began warming up to the truckers but their interest was centered on logistic companies like GXO Logistics (NYSE: GXO) and truckers like Knight-Swift Tran... Read the Full Story |
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Technology | |
Intel Corporation (NASDAQ: INTC) ended the year with a ton of baggage and a beaten-down stock price. Shares had given up more than 60% in less than two years, and the chip giant had been under increasing pressure from investors to get it together.
However, it’s looking like shares have mana... Read the Full Story |
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Markets | |
PepsiCo, Inc (NYSE: PEP) may be a popular soda company, but they have had trouble developing a winning lemon-lime product to compete with industry leader, Sprite. Distributed by The Coca-Cola Company (NYSE: KO), Sprite has led the industry since its introduction in 1961, and it appears that Pepsi'... Read the Full Story |
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Healthcare | |
As a member of the 30-stock Dow Jones Industrial Index and a heavily-weighted component of the S&P 500, Johnson & Johnson (NYSE: JNJ) is a stock that naturally gets a lot of attention from investors.
The stock has been struggling to break out of a correction that began in April last year.... Read the Full Story |
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Industrials | |
The airline industry has been in rally mode since late last month, and Alaska Air Group Inc. (NYSE: ALK) is one of the stocks leading the way in the past two weeks.
Others that have taken flight lately include United Airlines Holdings Inc. (NASDAQ: UAL), American Airlines Group Inc. (NASDAQ: AAL... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services. Uxin Limited was incorporated in 2011 and is headquartered in Beijing, China. | | View Today's Stock Pick |
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