Good MorningEquity markets rebounded last week but investors are cautioned not to read too much between the lines. The move was not supported by any kind of good news so is nothing more than a relief rally within the greater bear market. The news that did come out was not positive for the index as it all points to an overly aggressive Fed and the prospect of another 75 basis point interest rate hike at the FOMC meeting next week.
This week will be another challenge for the market. The CPI and retail sales data are due out and either could move the market. The takeaway is that weak CPI points to weakening economics and recession while a strong retail sales figure would support the idea of aggressive Fed action so the market may be in a no-win situation. Featured: No Shortage Of Money In This Market (Darwin) 
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The Internet Security Stocks have been in a deep correction all year because of fears of slowing growth but still, there is no sign of that yet—results from Checkpoint Software (NASDAQ: CHKP) to SentinelOne, Inc. (NYSE: S) prove that demand for cyber security is not only still strong but acc... Read the Full Story |
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Markets | | Video game publisher Electronics Arts (NYSE: EA) stock has been weathering the storm from the demand shock in the video gaming industry. Video games are a discretionary item and rising inflation is causing consumers to pullback on their discretionary spending. Clues to the weakness was indicated by ... Read the Full Story |
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Auto stocks may be in favor again, as prices for used cars continue to plummet on excess supply. The auto market has been functioning at odds with economic laws recently, and at times prices of used cars have been higher than their new model counterpart. But as the money supply starts to tig... Read the Full Story |
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Markets | | Discount retailer Dollar General (NYSE: DG) stock is up 5% for the year as it rides the recession wave higher. The Company operates over 18,300 small box discount stores across 47 states in the U.S. It sells mostly consumer staple items comprised of consumables, seasonal items, home products and app... Read the Full Story |
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Politics | | Russia attacked power stations and other infrastructure, causing widespread outages across Ukraine as Kyiv’s forces pressed a swift counteroffensive that has driven Moscow’s troops out of swaths of territory it had occupied in the northeast Read the Full Story |
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Politics | | Ukraine pressed its swift counteroffensive in the northeastern part of the country even as a nuclear plant in the Russia-occupied south completely shut down in a bid to prevent a radiation disaster as fighting raged in the area Read the Full Story |
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Markets | | Inflation isn’t only costing small businesses money. It’s costing them customers as well.
At the Bushwick Grind Cafe in Brooklyn, New York, Kymme Williams-Davis has raised prices and switched to different types of goods to keep up with the rising costs of milk, coffee, paper goods an... Read the Full Story |
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Politics | | Hundreds of conservative Muslims have marched in Indonesia’s capital demanding that the government revoke its decision to raise fuel prices, saying it hurts people already reeling from the economic impact of the pandemic Read the Full Story |
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Politics | | Europe's largest nuclear plant has been reconnected to Ukraine's electricity grid, allowing engineers to shut down its last operational reactor in an attempt to avoid a radiation disaster as fighting rages in the area.
The six-reactor Zaporizhzhia Nuclear Power Plant lost its outside ... Read the Full Story |
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Markets | | The Consumer Price Index (CPI) is the inflation gauge. Inflation is the rate at which prices are rising and in turn eroding your buying power. It’s released by the U.S. Bureau of Labor Statistics (BLS) on a monthly basis. It measures the average rate of change in prices paid by consumers for a... Read the Full Story |
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Monday's Early Bird Stock Of The Day Catalent, Inc., together with its subsidiaries, develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. It operates in two segments, Biologics, and Pharma and Consumer Health. The Biologics segment provides formulation, development, and manufacturing for biologic proteins, cell gene, and other nucleic acid therapies; pDNA, iPSCs, oncolytic viruses, and vaccines; formulation, development, and manufacturing for parenteral dose forms, including vials, prefilled syringes, and cartridges; and analytical development and testing services for large molecules. The Pharma and Consumer Health segment offers formulation, development, and manufacturing services for soft capsules for use in a range of customer products, such as prescription drugs, over-the-counter medications, dietary supplements, unit-dose cosmetics, and animal health medicinal preparations; and oral, nasal, inhaled, and topical dose forms. This segment also provides clinical supply services through manufacturing, packaging, storage, distribution, and inventory management for small-molecule drugs, protein-based biologics, and cell and gene therapies in clinical trials; and pre-clinical screening, formulation, analytical development, and current good manufacturing practices manufacturing at clinical and commercial scale for softgel capsule, Zydis fast-dissolve tablets, oral solid-dose formats, dry powder inhalers, and nasal delivery devices. The company also offers FlexDirect direct-to-patient and FastChain demand-led clinical supply solutions; fill and finish operations for injectable products; and integrated development and product supply chain solutions. It serves pharmaceutical, biotechnology, and consumer health companies; and companies in other healthcare market segments, such as animal health and medical devices, as well as in cosmetics industries. The company was founded in 1933 and is headquartered in Somerset, New Jersey. | View Today's Stock Pick |
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