Good MorningEquities rebounded last week and closed near the high of the period after the NFP report came in better than expected. The NFP shows job gains were stronger than expected and dispelled some fear of recession but not all. The hourly wages also increased faster than expected and suggest inflation is yet to be tamed.
This week will be a challenging week for the market. On the economic front is the CPI, PPI, and Retail Sales data while on the earnings front reports from the Big Banks and key consumer staples like Pepsico and Conagra Brands. The takeaway from them all will be the outlook for the second half and how inflation will impact earnings growth. We're expecting the guidance to be weak, spark a round of downward revisions to earnings, and bring the S&P 500 down to a new low but we could be wrong. If the guidance for 2nd half earnings begins to brighten, the S&P 500 could begin to put in a real bottom. Featured: Plant Cell Biology Company Already In Commercialization (*** BioHarvest Sciences) 
|
Markets | | |
During a bear market, stocks tend to rise sharply and lose steam, putter around and then collapse back down. A buy-the-dip strategy works in a bull market, but it can be detrimental in a bear market as the collapses progressively take the stock to lower lows. Ultimately, you can end up a bagholder... Read the Full Story |
|
From Our PartnersWhen federal agents arrested Xiaolang Zhang at San Jose airport he was in the middle of fleeing to China with secret information...
Information detailing a little-known Apple project that could completely change the way we see Apple as a company forever. Code-named "Project Titan"
| | | | Click to see my research on "Project Titan" |
|
Politics | | | Shares have opened lower in Europe after most Asian markets also fell, haunted by worries over the threat of recession and coronavirus outbreaks.
U.S. futures and oil prices declined, while Japan’s benchmark rallied after the ruling Liberal Democratic Party garnered a landslide parli... Read the Full Story |
|
Politics | | | Asian shares retreated Monday, except in Japan, where the benchmark Nikkei 225 index rallied after a landslide parliamentary election victory by the ruling Liberal Democratic Party.
Concerns about global inflation and interruptions to economic activity brought on by the coronavirus pa... Read the Full Story |
|
From Our PartnersThis hidden income strategy was just leaked and it can be yours now. It goes in depth about how you can start off with a small account and turn that into your own weekly paycheck. Learn how you can GAIN that extra advantage over what others aren't doing. | | Click here to get this secret |
|
Tech | | | Shares of Chinese technology firms Alibaba and Tencent fell sharply on Monday, a day after Chinese regulators fined their subsidiaries for not disclosing transactions and failing to comply with anti-monopoly rules.
E-commerce giant Alibaba’s shares in Hong Kong fell 6.8%, while gaming... Read the Full Story |
|
Markets | | | Discount retailer Five Below (NASDAQ: FIVE) stock has fallen (-41%) on the year. The popular specialty value retailer sells everything from clothing, home products, candy, toys and games to household products, cosmetics, and accessories for $5 or less. The Company caters to consumers seeking a repri... Read the Full Story |
|
From Our PartnersMan who predicted the collapse of 18 different stocks over the past year is sounding the alarm on gold. “Don’t just buy gold mining stocks or bullion outright,” he says. There’s a clever new way to see which gold stocks could realistically double your money, BEFORE you ever invest a penny. | | | | Click here for the full details. |
|
Markets | | |
Altria Group (NYSE: MO) presents a polarized bull or bear case for investors. Altria has a dividend yield far above the market average at 8.61% and has increased its dividend every year for the last 18 consecutive years, making it on track to becoming a dividend aristocrat stock once it reaches th... Read the Full Story |
|
Markets | | | China’s auto sales rose by a lackluster 3.4% over a year earlier in the first half of 2022 as anti-virus controls kept buyers away from dealerships, but demand in the industry’s biggest global market rebounded in June, an industry group reported Monday.
Sales in January-June rose to 1... Read the Full Story |
|
Politics | | | Sri Lanka is in a political vacuum for a second day Monday with opposition leaders yet to agree on who should replace its roundly rejected leaders, whose residences are occupied by protesters, angry over the country's economic woes.
Protesters remained in President Gotabaya Rajapaksa... Read the Full Story |
|
Markets | | | AT&T has had a contentious couple of years with its recent partnerships and acquisitions. It is now in a position of being able to pay down its debt and improve its margins and free cash flow, which makes investors question if now is a good time to buy this stock. Read the Full Story |
|
Markets | | | Levi Strauss (NYSE: LEVI) proved the power of omnichannel business and the shift of direct-to-consumer sales once again. The company not only managed to outperform in Q2 but it reaffirmed its guidance which is about the best we can expect for this reporting season. Read the Full Story |
|
Monday's Early Bird Stock Of The Day FactSet Research Systems Inc., a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. It serves portfolio managers, investment banks, asset managers, wealth advisors, corporate clients, and other financial services entities. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut. | | View Today's Stock Pick |
|
