Good MorningEquities wobbled at the start of the week as traders prepare for a round of important data and earnings reports. Data in the form of Retail Sales will dominate the news on Tuesday and is expected to show the impacts of inflation. The economists are expecting retail sales to accelerate on a sequential basis but at a tepid 1.1% rate. At this pace, the volume of sales is falling quickly on a YOY basis and price increases are only barely keeping up. Eventually, the balance will tip and retail activity will enter a recession.
On the earnings front, reports from a number of retailers like Walmart, Target, Home Depot, and Lowes are on deck and could alter the market outlook. These are the four horsemen of pandemic spending and have been market leaders up to now. If their results show weakness or a weakened outlook the broader market is likely to fall along with them. Featured:
Warning: The Last Value Play Gone After August? (The Oxford Club) 
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Stocks | | |
From outperformance over a period of minutes to weeks, momentum can be defined in many ways. Day traders tend to care most about a stock’s short-term momentum while buy-and-hold investors typically focus on the long term.
As far as longer-term momentum strategies go, stocks with sizable yea... Read the Full Story |
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Markets | | | VMWare has great revenues and excellent prospects for continuing to increase its market share. The business is heavily reinvested into its future, but it is facing headwinds from unfavourable macroeconomic forces. Read the Full Story |
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Markets | | | Etsy, Inc. (NASDAQ: ETSY) is one pandemic has-been that could be getting a second wind.Six months ago, a major selloff was unfathomable for the marketplace of all things original. E-commerce was booming
Read the Full Story |
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From Our PartnersSearching for the next Microcap stocks with disruptive potential? These companies will release their quarterly earnings very soon... And we have found 5 microcap stocks that could see a spike in share price. | | Click here to get the names of all 5 stocks |
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Politics | | | Shares advanced in Asia on Tuesday after another wobbly day extended a losing streak on Wall Street.
Hong Kong advanced 2.5% and other regional benchmarks were moderately higher. Oil prices slipped.
Signs of progress in China's effort to bring outbreaks of coronaviru... Read the Full Story |
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Politics | | | Shares advanced in Europe and Asia on Tuesday despite mounting doubts over the U.S. economic outlook that gave some benchmarks on Wall Street another day of losses.
Signs of progress in China's effort to bring outbreaks of coronavirus under control appeared to be outweighing concern... Read the Full Story |
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From Our PartnersDo you want a list of stocks trading for $5 a share or less that are in an excellent position to deliver potential breakthroughs in the months ahead? Check out these top penny stocks poised to soar... | | Click here for the names & ticker symbols. |
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Politics | | | KYIV, Ukraine — The regiment that doggedly defended a steel mill as Ukraine’s last stronghold in the port city of Mariupol declared its mission complete Monday after more than 260 fighters, including some badly wounded, were evacuated and taken to areas under Russia’s control.
Ukraini... Read the Full Story |
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Tech | | | Elon Musk's ties to China through his role as electric car brand Tesla's biggest shareholder could add complexity to his bid to buy Twitter.
Other companies that want access to China give in to pressure to follow Beijing's positions on Taiwan and other issues. But Twitter is shut out ... Read the Full Story |
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Politics | | | A whole town celebrated in 2020 when, early in the coronavirus pandemic, Thomasville Regional Medical Center opened, offering state-of-the-art medicine that was previously unavailable in a poor, isolated part of Alabama. The timing for the ribbon-cutting seemed perfect: New treatment options would b... Read the Full Story |
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Markets | | | Shares of FIGS, Inc (NASDAQ: FIGS) are moving lower in the wake of the Q1 earnings report and it is no wonder. The niche brand of workwear reports supply chain, inflation, and worse, a shift in consumer spending related to inflation, is cutting into results. Read the Full Story |
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Stocks | | | Shares of Home Depot (NYSE: HD) are up more than 4.0% in premarket trading following what was a better than expected Q1 report. As good as the report is, however, the gains are made on the back of rising prices that are cutting into total volume and the guidance is tepid. Read the Full Story |
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Tuesday's Early Bird Stock Of The Day The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. In addition, it offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. The company distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut. | | View Today's Stock Pick |
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