Good MorningEquity markets fell on Tuesday after results from First Republic Bank sent another wave of fear. The bank reported better-than-expected earnings but a 40% decline in deposits, including $30 billion in deposits from major banks like JPMorgan. The news suggests other banks could be susceptible to runs given the catalyst. Because interest rates, the catalyst that put First Republic in its position, are still rising, another bank failure could happen at any time.
The S&P 500 fell more than 1.5% at the session's close and gives further evidence of resistance at the 4,150 level. After-hours reports from names like Google and Microsoft may lift the market on Tuesday, but the long-term outlook continues to sour. Along with First Republic results, reports from UPS and Packaging Corporation of America suggest weakening consumer spending is undermining the US economy and has it on track for a recession later this year. Featured: No AI Bots. Just Real Signals. (Ad) 
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Technology | |
Verizon (NYSE: VZ) is a high-yielding dividend stock that income investors should consider. The company isn’t able to grow substantially or revolutionize markets, but it does make money and pays a high 7% dividend yield. The yield is primarily due to the valuation, the company’s stock ... Read the Full Story |
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From Our Partners | | A veteran trader with nearly 30 years of experience - including running multi-million dollar hedge funds alongside Turtle Traders and a key economic advisor to President Trump - is releasing his day trading cheat sheet at no cost.
With markets posting one of the weakest first quarters on record, these principles may be worth a look. The report outlines the core rules that have shaped his approach across three decades of active trading. | | Tap here to access the free day trading cheat sheet now |
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Consumer Discretionary | |
In the rapidly evolving online sports betting (OSB) market, DraftKings Inc. (NASDAQ:DKNG) is an odds-on favorite to win.
One of many pandemic winners to lose favor with investors, the tech-led sports betting operator is making a comeback. Favorable legislative momentum and improving financials ha... Read the Full Story |
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Industrials | |
United Parcel Service (NYSE: UPS) didn’t have a bad quarter, and it is not in danger of imploding, but the results were lackluster and pointed to a continued slowdown in consumer spending. That’s terrible news because a slowdown in consumer spending, a sustained and possibly accelerati... Read the Full Story |
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Construction | |
A stressing point in the United States economy has been the rapid rise of interest rates affecting the underlying cost of a 30-year mortgage, where some would-be home buyers decided to postpone or outright cancel their plans of buying a home. What is also true for all home builders is the concerni... Read the Full Story |
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Medical | |
Virios Therapeutics Inc. (NASDAQ: VIRI) is a developmental-stage biotechnology company specializing in novel antiviral therapies for treating fibromyalgia and other abnormal immune response-triggered maladies. The company went public in December 2020. Shares reached a high of $16.71 before making ... Read the Full Story |
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From Our Partners | | Nvidia CEO Jensen Huang has logged 42 consecutive sell transactions - not a single buy. Peter Thiel liquidated his entire Nvidia position. SoftBank dumped $5.8 billion. And Michael Burry, who famously predicted the housing crash, is now betting against AI stocks.
But 40-year investment veteran Alexander Green says the insiders are only half right - and that the biggest AI profits may still be ahead, potentially 10X larger, just not from where most investors are looking. | | Watch Alexander Green's private presentation to see where the opportunity is |
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Retail/Wholesale | |
McDonald’s (NYSE: MCD) Q1 results are respectable and drove the stock to a new all-time high, but this is a top for it and perhaps the fast-food industry that could impact pricing action the rest of the year. The stock hit a new all-time high, but profit takers and speculators took the move ... Read the Full Story |
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Basic Materials | |
Cleveland-Cliffs (NYSE: CLF) beat on the top and bottom lines when it reported first quarter earnings on Tuesday, April 25. Analysts have been lukewarm about CLF stock with a consensus Hold rating. And the day before earnings, both Citigroup Inc (NYSE: C) and Bank of America (NYSE: BAC) reaffirmed... Read the Full Story |
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Markets | |
As you watch your favorite TV show, listen to your favorite band or podcast, or catch a mixed-martial-arts pay-per-view event, you are helping the entertainment industry as a content consumer. When you see headlines for a blockbuster movie grossing hundreds of millions of dollars at the box office... Read the Full Story |
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Consumer Staples | |
If The Coca-Cola Company (NYSE: KO) and PepsiCo (NASDAQ: PEP) were just about beverages, then The Coca-Cola Company would be the better choice. It is the larger of the 2 regarding its position in the beverage market, but this is not just a beverage story we are discussing. PepsiCo is a diversified... Read the Full Story |
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Consumer Staples | | As vegetables are part of a balanced diet, agriculture stocks can be part of a balanced portfolio. Whether you have an appetite for vegetables or even like them, it’s safe to say all investors have an appetite for gains. Regarding agriculture, vegetables are only a portion of the sector.
Agr... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and exports of crude oil; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; renewable energy businesses; low carbon services; and natural gas processing business, as well as production of biodiesel and its co-products. The company also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. In addition, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil. | | View Today's Stock Pick |
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