Good MorningThe rebound in equity markets hit a roadblock on Friday as traders and investors brace for next week's round of earnings and economic reports. Not only is it the first of the two busiest weeks of the Q2 earnings reporting cycle but the FOMC is expected to hike interest rates by at least 75 basis points. On the earnings front, the reports are expected to be OK enough but the guidance will usher the S&P 500 into its next move. If the guidance continues to weaken the S&P 500 will have little choice other than to move lower.
Also on tap for this week? The first read of the Q2 GDP. Based on the last three months of Leading Indicators, we expect to see the figure not only come in negative but to accelerate the decline that began in the 1st quarter. The question of if we're in a recession has already been answered, yes we are. The question about how deep and how long the contraction will be is what needs to be answered next. Featured: Our Top Stock for a Recession... (WIA) 
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Markets | | A bear market can trigger panic to a point where investors literally throw the baby out with the bath water. Bear markets always recover. The question is from what point and when. A bear market incites fear and capitulation on the way down and regret and fear of missing out (FOMO) on the way up. Whi... Read the Full Story |
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From Our PartnersGas prices are up and the markets are down... So what should you focus on for the remainder of 2022? These 4 stocks offer the potential for significant growth in the months ahead... | Click here to get their names and ticker symbols. |
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Markets | |
Online travel company Trip Advisor (NASDAQ: TRIP) stock has fallen (-35%) this year. The travel sector was devastated by the pandemic as an epicenter industry. However, the reopening as unleashed much pent up demand with many airline carriers like American Airlines (NYSE: AAL) experiencing travel ... Read the Full Story |
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Markets | | Data Cloud provider Snowflake (NASDAQ: SNOW) stock has tanked (-57%) on the year. The enterprise data warehouse systems provider enables analytics and reporting to generate business intelligence. The Company is thriving despite macroeconomic conditions. The CEO has stated that larger headwinds like ... Read the Full Story |
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From Our PartnersRampant chaos. Out-of-control inflation. Worldwide uncertainty. The last word you would think to describe our market is “perfect”. But it is - a perfect storm. These factors are working in tandem to create a huge opportunity for big profits.
(**By clicking link you are subscribing to The Bullish Traders Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here.) | Click HERE for two stocks that could triple |
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Politics | | World shares were lower Monday after a retreat on Wall Street, as investors awaited the next steps by the Federal Reserve in its quest to tamp down inflation.
U.S. futures were nearly unchanged, while oil prices fell nearly $1 a barrel.
Investors are awaiting next mov... Read the Full Story |
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Politics | | Asian shares tumbled Monday after a retreat on Wall Street spurred by disappointing economic data and corporate earnings. Oil prices also slipped.
Investors are awaiting the next move by the U.S. Federal Reserve, which is expected to raise its key interest rate again on Wednesday as ... Read the Full Story |
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From Our PartnersThe government is pushing oil and gas companies to switch over their fueling stations…
The goal is 500,000 stations nationwide. | | Here’s how it’s going to play out. |
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Politics | | Temperatures in the Middle East have risen far faster than the world’s average in the past three decades. Precipitation has been decreasing, and experts predict droughts will come with greater frequency and severity.
The Middle East is one of the most vulnerable regions in the world t... Read the Full Story |
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Markets | | Roughly 2,500 Boeing workers are expected to go on strike next month at three plants in the St. Louis area after they voted Sunday to reject a contract offer from the plane maker.
The strike is planned to begin Aug. 1 at Boeing manufacturing facilities in St. Charles County, St. Louis... Read the Full Story |
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Politics | | Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession.
Yellen spoke on NBC's “Meet the Press” just before a slew of economic reports will be released this week that will shed light on an econo... Read the Full Story |
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Markets | | If results from Baker Hughes (NYSE: BKR) and Haliburton (NYSE: HAL) weren’t enough to convince you of a rebound in the oil services sector Schlumberger (NYSE: SLB) has given us some more evidence. The company reported a solid quarter driven by strength in all regions and segments due to an increase in investment in the oil industry. Read the Full Story |
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Markets | | As good a company as Mattel (NASDAQ: MAT) is, Hasbro (NASDAQ: HAS) may be the better buy for today’s times. Both companies outperformed the consensus expectations and provided a positive outlook but one thing stands out between them. Read the Full Story |
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Monday'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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