Good MorningEquity markets plunged last week after hotter-than-expected inflation data put the fear of higher interest rates back into the market. The January read of the PCE Price Index shows inflation accelerated on a month-to-month basis as expected and accelerated versus last year. This contradicts the belief that inflation is subsiding and may lead the FOMC to hike rates by another 50 basis points at the next meeting. The risk for the market is the FOMC will do something to shock the market, such as a more aggressive than expected interest rate hike or posture at the next FOMC meeting.
The risk for the market this week is all earnings-related. The bulk of S&P 500 companies have already reported, but this week brings several reports from major retailers and a host of small and mid-cap favorites. The takeaway to date is the outlook for 2023 is deteriorating, and that trend may accelerate by the end of the week. Featured: MindWalk Holdings Pushes AI Into Pharma Research (Ad) 
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Communication Services | |
Sometimes investors would like more choices than what’s on our dividend kings and aristocrats list.
So this week, we discussed upcoming dividend aristocratsand why investors should consider adding them to their portfolios.
But today, we are serving up the main course with these 11 stocks w... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Consumer Discretionary | |
Domino’s Pizza Inc. (NYSE: DPZ) stock is near a 52-week low after delivering a mixed earnings report on February 23. The company posted $4.43 in earnings per share (EPS). That was up nearly 10% from consensus estimates for $3.98 EPS. But revenue came in a little light at $1.39 billion as opp... Read the Full Story |
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Energy | |
Between the collapse in natural gas prices and the downtrend in oil, energy stocks don't look as attractive as they did back in the summer. In the meantime, one corner of the oil and gas industry is bucking the trend: product tankers.
Put, product tankers like Scorpio Tankers (NYSE: STNG) have bo... Read the Full Story |
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From Our Partners | | In 1974, a quiet deal between Henry Kissinger and the Saudis reshaped America's monetary order overnight, with no announcement and no vote in Congress.
Decades later, the dollar had lost more than 84% of its purchasing power even as millionaire ranks surged into the millions.
Financial reporter Kimi Weintraub sits down to explore a new, largely unnoticed shift in America's monetary system, one tied to executive orders and a reported 13-nation agreement. | | Watch the full interview before the December 14 Miami summit |
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Consumer Discretionary | |
Shares of used-car dealership Carvana Co. (NYSE: CVNA) were a wreck on February 24, trading more than 16% lower after the company reported fourth-quarter results that missed analysts’ views by a wide margin.
The company reported a $7.61 per share loss on revenue of $2.84 billion, down 24% ... Read the Full Story |
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Consumer Discretionary | |
Rocky Brands (NYSE: RCKY) is not a flashy name nor a wicked hot growth story. It is a solid, blue-chip quality small-cap player in the footwear industry with a safe and attractive dividend. The company suspended the payout for a single quarter during the pandemic, but core strength, the COVID rebo... Read the Full Story |
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From Our Partners | | When Moonshot AI's new model rattled overnight markets, stocks gapped down 1 percent before the open, and history shows the story doesn't end there.
Between 9 30 and 9 50 AM, Wall Street settles nearly 25 percent of the day's total volume in a single 20 minute window, often revealing market direction for the rest of the morning.
A former money manager breaks down the floor data behind this pattern, including a June 25th session where inflation surged past 4 percent and the market moved just 0.3 percent afterward. | | Watch the full video breakdown before access is taken down |
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Consumer Staples | |
If you’ve wondered about Beyond Meat (NASDAQ: BYND), this company is not beyond hope. The rollout of plant-based meat products by McDonald’s and Yum! Brands (NASDAQ: YUM) were flops but there is still demand for products and profitability remains within reach. Last year’s failure... Read the Full Story |
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Healthcare | |
Pfizer Inc. (NYSE: PFE) may have ten blockbuster drugs in its pipeline, but it seems much of the company’s near-term potential could be based on the success of two important Phase 3 studies. Analysts anticipate the approval of these two drugs could add at least another $1 billion in revenue... Read the Full Story |
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Materials | |
Rio Tinto (NYSE: RIO) shares traded lower by 1.87% on Thursday's session, fresh off the news that management has decided to cut its dividend to $2.25 per share, down from $4.17 a year earlier. As it is natural for commodity-based businesses to fluctuate in both stock price and business fundamental... Read the Full Story |
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Finance | |
Insurance giant Prudential Financial Inc. (NYSE: PRU) hasn’t gotten any traction since reporting fourth-quarter results on February 7, but there’s room for some optimism about the company’s performance in the next couple of years.
The company’s healthy dividend yield of ... Read the Full Story |
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Markets | |
If online investment communities had a yearbook, the honor of ‘Most Popular Portfolio Manager’ would go to Cathie Wood.
The famous stock picker and founder of Ark Invest has a massive social media following — and for a good reason. Her $6 billion Ark Innovation ETF (ARKK) has m... Read the Full Story |
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Monday's Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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