Good MorningEquity markets pulled back more than 1%to start the week as traders and investors brace for the peak of earnings season. There are 73 S&P 500 companies reporting this week including 7 Dow components so the impact on the market could be tremendous. The general expectation is for earnings to beat the consensus but by the smallest margin in years and for the guidance to be weak, a trend that will weigh on the market moving forward. In regard to the outlook for earnings, the outlook for Q2 results ticked up a hair over the past week but consensus estimates for Q3, Q4, the full year 2022, and full year 2023 are all moving lower.
On the economic front, the next big hurdle for the market is the July FOMC meeting. The meeting isn't for two more weeks, however, but it comes before the next read on inflation. After the latest CPI and PPI data, the market should be ready for a 100 basis point rate hike or at least the indication a 100 bps hike is on the way. Between then and now, the most important data point on the calendar is the Index of Leading Indicators and we expect to see a third consecutive month of negative growth. Featured: This Industry Is Almost Immune To Inflation (Darwin) 
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Stocks | | | Like all investments, investors should due their due diligence before investing in a monthly dividend stock. A company’s dividend yield is important, but the yield is tied to a company’s stock price. Read the Full Story |
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From Our PartnersThis global leader in plant cell biology enters commercialization and has a pipeline of 6 major customers for its products. Q2 sales orders set a new high at 97% growth over Q2 2021. Leveraging their patented platform technology, this company is poised to bring the next generation of science-based therapeutics to the world. | | ADD THIS COMPANY TO YOUR WATCHLIST! |
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Markets | | |
The bears may have control, but playing the long game on AMD stock is still a solid move
Advanced Micro Devices (NASDAQ:AMD) is illustrative of how quickly sentiment can turn. From the onset of the Covid-19 pandemic to the end of November 2021, AMD stock climbed 290%. The pandemic was ... Read the Full Story |
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Stocks | | | While Samsung’s results may not spark a major reversal in the chip industry they, and other signs within the market, suggest a bottom is in play and it’s one for dividend investors to take advantage of. The chip stocks are undervalued and pay safe, if not always large dividends. Read the Full Story |
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From Our PartnersMonths ago, Jeff Clark warned everyone: DO NOT buy Tesla, Apple, Bitcoin, or Amazon.
Since then, what’s happened? Apple is down -12%, Tesla is down -18%, Amazon is down -26% & Bitcoin is down -34%
Instead of getting caught up buying overpriced tech stocks for devastating negative returns… | | | | Click Here To Discover The Secret |
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Markets | | | Here we focus on oversold companies that not long ago were trading over $100 a share and are likely to recover in due time. It won’t be long before these three stocks return to the century mark—and then some. Read the Full Story |
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Markets | | |
Vaccine developer Novavax (NASDAQ: NVAX) stock has collapsed (-61%) in 2022. The Company’s protein-based COVID-19 vaccine Nuvaxovid has launched in Europe and awaits CDC approval for launch the U.S. The U.S. FDA approval was granted on July 13th making it the fourth COVID-19 vaccine approved... Read the Full Story |
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From Our PartnersEvery component of the carbon reduced and growing data-driven economy requires tin and this "critical metal" has outperformed most green energy metals over the past 12 months. This recently listed company has a high-quality portfolio of tin projects and has an aggressive exploration plan with positive results already announced! Don't miss your opportunity. | | Add this company to your watchlist |
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Politics | | | Global shares were mostly lower on Tuesday, as investors weighed oil prices, inflation worries and corporate earnings.
France's CAC 40 fell 0.7% in early trading to 6,050.25, while Germany's DAX shed 0.2% to 12,933.45. Britain's FTSE 100 slipped 0.3% to 7,205.07. The future for the D... Read the Full Story |
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Politics | | | A day after Sri Lanka’s president fled, Mohamed Ishad waited outside an immigration office near the capital, clutching a file of documents that he hopes will get his passport renewed so he can leave, too.
With the nation in the throes of its worst economic crisis, Ishad has no job, r... Read the Full Story |
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Politics | | | Sri Lanka’s prime minister and acting president, Ranil Wickremesinghe, will face two rivals in a parliamentary vote Wednesday on who will succeed the ousted leader who fled the country last week amid huge protests triggered by its economic collapse.
Wickremesinghe, a six-time prime mi... Read the Full Story |
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Politics | | | Authorities in southern China have apologized for breaking into the homes of people who had been taken to a quarantine hotel in the latest example of heavy-handed virus-prevention measures that have sparked a rare public backlash.
State media said that 84 homes in an apartment comple... Read the Full Story |
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Politics | | | The leader of Sri Lanka’s main opposition party withdrew his candidacy for president on Tuesday, throwing his support to another contender as lawmakers prepared to choose a successor to the ousted leader who fled the country last week.
Sajith Premadasa, leader of the main opposition ... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics. Tempus AI Inc. is based in CHICAGO. | | View Today's Stock Pick |
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