Good MorningEquity markets surged on Friday after the NFP report showed wage growth slowed. The S&P 500 gained more than 2.5% on the news, but traders are warned to caution. The wage growth has slowed, but the remainder of the labor data remains hot, including the JOLTs report on job openings. At the current levels, job openings will continue to spur upward mobility for many Americans and wage inflation simultaneously.
This week could be a big one for the market. Not only does the Q4 earnings season kick off on Friday, but the CPI report is due that day too. It may confirm a peak in inflation, but it will probably not show a sustained downtrend until later this year. The risk is that it will be hotter than expected and leave the FOMC with little choice but to keep raising interest rates. In this scenario, the outlook for S&P 500 earnings will take another hit, and the index may fall along with it. Featured: Free SMS Stock Alerts from MarketBeat (Ad) 
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Markets | | | Looking for the Dogs of the Dow, 2023 edition? You came to the right place.
We’ll explore these 10 blue-chip dividend bargains in a moment. Collectively, they are yielding 4.5%! But first, a quick recap of the strategy and homage to its 2022 “mini miracle.”
Last year was a dumpster fire for most mai... Read the Full Story |
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From Our Partners | | Congress is deep into “Crypto Week” — with new bills that could finally bring clarity to digital assets.
Crypto analyst Juan Villaverde says Bitcoin will likely keep climbing… but smaller coins could deliver far bigger gains. He’s revealing the altcoins he believes are best positioned for this new regulatory era. | | See Juan’s top altcoin picks for the new crypto bull cycle |
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It’s easy to think that all investment research platforms are alike. But that would be wrong. MarketBeat is distinctly different from what you’ll find on other sites.
One thing that makes MarketBeat different is that it offers something for every investor. For example, novice i... Read the Full Story |
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Social media platform Snap Inc. (NYSE: SNAP) stock has fallen to pandemic lows as it collapsed (-77%) in 2022. The fallout from advertisers pulling back their digital advertising spend has been the key reason for the growth slowdown in America. However, the platform continues growing international... Read the Full Story |
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From Our Partners | | A couple of years ago, we started playing with the massive amounts of data that MarketBeat takes in everyday trying to figure out if there was a way to identify short term trading wins. By analyzing earnings data, news sentiment, analyst recommendations, insider transactions and dozens of other data points, we think we’ve found an algorithm that finds interesting short-term stock ideas. We call that algorithm the IdeaEngine and its stock ideas are published on MarketBeat All Access every Monday morning. We make one IdeaEngine idea available free every Monday as an SMS alert. We’ll be releasing the next IdeaEngine alert on Monday morning, so make sure you are signed up before then.  | | Get MarketBeat IdeaEngine Alerts (Free) |
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Stocks | | | Stocks fell broadly on Wall Street and Treasury yields rose after another hot reading on the job market raised worries that the Federal Reserve will need to continue inflicting pain on the economy to fight inflation Read the Full Story |
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Chinese electric vehicle (EV) manufacturer Li Auto Inc. (NASDAQ: LI) stock has been the most resilient of its peer group. EV makers have been getting crushed heading into the new year, as evidenced by the nearly (-40%) collapse in shares of Tesla Inc. (NASDAQ: TSLA) in December 2022.
Waning deman... Read the Full Story |
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From Our Partners | | A little-known Title 15 provision could let you collect instant payouts — $100 to $1,000 — directly from your smartphone.
You don’t need to trade stocks or own assets. Jeff Clark has used this strategy for years with elite clients, and now he’s revealing it in a short video for everyday Americans. | | Watch how to collect your first payout here |
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Prestigious investment banking firm The Goldman Sachs Group (NYSE: GS) stock is at a critical juncture between breaking down under the weekly rising price channel or triggering a seed wave breakout. The Company has a history of blowing out earnings expectations.
The bear market of 2022 was the ha... Read the Full Story |
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Markets | | | Markets appeared to be slow in gaining traction early Thursday ahead of more jobs data that's expected to show continued strength in the U.S. labor market.
Futures for the Dow Jones industrials and the S&P 500 shifted between small gains and losses before the opening bell.
... Read the Full Story |
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Tech | | | Dressed in a canary blue suit on a warm December night, sweat dripping from his brow, Bishop Lawrence Rolle belts out the lyrics to his latest hit song for the hundreds of children and adults gathered to celebrate Christmas.
“FTX!,” he sings, bent over and shaking his head for emphas... Read the Full Story |
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Politics | | | America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring Read the Full Story |
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Iconic recreational vehicle (RV) manufacturer Winnebago Industries Inc. (NYSE: WGO) shares are trading in a rectangle price range as normalization continues to set in after banner calendar years 2021-2022. Rising interest rates and a weakening economy have caused a reversion in consumer discretion... Read the Full Story |
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Monday's Early Bird Stock Of The Day Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. The company provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York. | | View Today's Stock Pick |
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