Good MorningThe sell-off in equities gained momentum on Thursday after traders digested the meaning of Fed chief Jerome Powell's latest comments. The takeaway is that FOMC interest rates can be expected to rise past the 5.5% mark and possibly top 6.0% by mid-year. This means another 50 basis point hike is on the table, and another could follow if the data does not warrant it. The next big hurdle regarding data is the CPI index which is due out next week, and it should be expected to confirm the acceleration of inflation indicated by the PCE price index.
The S&P 500 formed a large black candle that again confirms the presence of resistance at the short-term moving average and the 4,000 level. The candle moved down to set a new low which is the most concerning part, and this low may lead to additional lows today and next week. A hot CPI report could be the catalyst that takes this market back down to the 2022 lows. Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Services | |
Etsy, Inc. (NASDAQ:ETSY) is worth roughly one-third what it was during its pandemic heyday. To some, it is a victim of pushed forward demand and hypernormal growth destined to never repeat. To others, it is a floundering business struggling to find its way in the post-Covid economy.
The polarizin... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Basic Materials | |
Cameco (NYSE: CCJ) is the second-largest uranium producer globally. The company mines uranium at its Saskatchewan, Canada-based Key Lake and Cigar Lake mines. It sells it primarily to utility companies that operate nuclear power plants.
Because uranium has been in a bear market since 2007, invest... Read the Full Story |
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Medical | |
Large-cap medical device maker Stryker Corp. (NYSE: SYK) is consolidating along its 50-day moving average, a bullish sign as the stock takes a breather after a run-up that began last year.
The stock has rallied 7.46% in the past three months. It ran to a high of $284 on February 3, after gapping ... Read the Full Story |
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From Our Partners | | See the Signals Most Traders Miss
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Retail/Wholesale | |
The outlook for 2023 and 2024 earnings may lead you to believe that discretionary stocks (NYSEARCA: XLY) like Fossil Group (NASDAQ: FOSL) would be a good bet in 2023, but they aren’t; yet. The outlook for 2023 is for earnings to decline in the discretionary sector by more than 21.2% and the ... Read the Full Story |
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Consumer Staples | |
BJ’s Wholesale Club Holdings, Inc (NYSE: BJ) has been firing on all cylinders and has yet to misfire. The company has been growing via store count, member count, and expanded services and producing market-beating results all along the way. The takeaway from the Q4 results and guidance for 20... Read the Full Story |
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From Our Partners | | With OpenAI and Anthropic moving closer to the IPO spotlight, AI excitement could spill into several public-market sectors this summer - and most investors may chase the obvious names too late.
A free report identifies 7 stocks positioned around themes that could matter most this summer: AI infrastructure, energy demand, travel, entertainment, home improvement, and more. Built for a market where leadership may rotate quickly. | | Download 7 Best Stocks to Own in Summer 2026 for free |
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Retail/Wholesale | |
Higher interest rates may make it more difficult for a vast population to fulfill their dreams of owning a home or any real estate. However, as Fed Chairman Jerome Powell stated, it is not the job of the Fed to ensure that everyone can buy a home and interest rates - along with unemployment rates ... Read the Full Story |
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Retail/Wholesale | |
Income investors have a range of strategies at their disposal when it comes to dividends. High yield stocks. Monthly payouts. Special dividends. More recently, companies such as ConocoPhillips are offering ordinary dividends plus variable return of cash (VROC) that relates to quarterly performance... Read the Full Story |
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Technology | |
A 25% jump on Tuesday meant shares of Sea Limited (NYSE: SE) were among the best-performing equities on the day. They managed to hold onto their gains in yesterday’s session and look set to continue consolidating at their highest level since August. They’re up a full 95% from November&... Read the Full Story |
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Transportation | |
REV Group (NYSE: REVG) shares put in a bottom just days before the Q4 report when Robert W. Baird analyst Mircea Dobre upped the stock to Outperform from Neutral. According to the firm, REV Group benefits from supply chain improvements, a high backlog, and an opportunity for margin expansion with ... Read the Full Story |
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Transportation | |
When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the year.
Top-performing tanker companies include TORM PLC (NASDAQ: TRMD), which broke out of a cup-sha... Read the Full Story |
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Friday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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