Good MorningEquity markets wobbled on Tuesday following an unexpectedly hot read on consumer inflation. The January read on the Consumer Price Index showed inflation cooling versus last year but less than expected as near-term inflation reaccelerates. The acceleration in inflation is driven by wage inflation and new troubles within the supply chain. Inventories are on the rise across the S&P 500 universe, driving up the cost of storage.
Wednesday's action could bring more trouble for an already tired market. The January retail sales figures is due out and it could be an alarming number. The consensus is for retail sales to have increased versus the previous month despite the typical post-holiday slowdown and impact of inflation. In this light, the Retail Sales figure might not just be bad, it might be very bad and point to increasing weakness within the economy. The takeaway, as always, is that poor retail sales figures will equate to lower expectations for S&P 500 earnings. Featured: NEW: Top 11 Stocks for 2023 (IPM) 
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What do technology stocks have in common with the 1999 St. Louis Rams?
Both are amazing worst-to-first stories.
Ok, so this year’s technology stock reversal isn’t as impressive as the Rams’ Super Bowl victory the year after a 4-12 season. Still, tech’s leadership to kick ... Read the Full Story |
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From Our PartnersThe global energy grid urgently needs an upgrade fast…Which could deliver a potential home-run for early stage investors in a breakthrough EV charging company by the name of Carbon-Ion.
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Tech | | | Billionaire Warren Buffett's company added to its already substantial Apple investment at the end of last year while slashing a new investment in computer chip maker Taiwan Semiconductor and two longtime bank holdings.
Berkshire Hathaway Inc. revealed several changes to its stock port... Read the Full Story |
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Stocks | | | Asian stocks fell and European markets opened mixed Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate hikes are needed.
London, Tokyo and Shanghai declined. Frankfurt advanced. Oil prices fell by more than ... Read the Full Story |
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From Our PartnersWhenever the military develops a breakthrough technology, timely investors could see groundbreaking returns.
General Dynamics returned 8,990%...Boeing soared 4,238%...L3Harris shot up 1,628%... | | | | Here's the next stock we think soars >>> |
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If this year’s stock market were likened to a weight lifting exercise, it would be a shoulder shrug.
Investors shrugged off recession talk and mixed earnings reports on Monday to erase much of last week’s losses. It was another example of a ‘buy the dip’ mentality that has... Read the Full Story |
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Markets | | | Asian stock markets fell Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate hikes are needed.
Tokyo, Shanghai, Hong Kong and Sydney declined. Oil prices retreated.
Wall Street ended mixed Tues... Read the Full Story |
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From Our PartnersThe Walton family are investing billions into new technologies that could radically transform the way you eat, shop, work, and live. | | | | Click here to learn more. |
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Markets | | | Asian stock markets fell Wednesday after U.S. inflation edged down less than expected, fueling concern the Federal Reserve might think more interest rate hikes are needed.
Tokyo, Shanghai, Hong Kong and Sydney declined. Oil prices retreated.
Wall Street ended mixed Tues... Read the Full Story |
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Enterprise and government software platforms provider Palantir Technologies Inc. (NASDAQ: PLTR) stock surged 13% on its Q4 2022 earnings release. After 19 years, the Company had its first GAAP profitable quarter. The blossoming mainstream interest in artificial intelligence (AI) has also bolstered... Read the Full Story |
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Markets | | | Airbnb said Tuesday it enjoyed a record 2022, including its first annual profit, and it continues to see strong demand for travel carry over into the new year despite economic uncertainty and high inflation.
The San Francisco-based company said it earned $319 million in the fourth qua... Read the Full Story |
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With the outlook for earnings trending lower, companies like Ecolab (NYSE: ECL) are coming into the spotlight. This company, as unexciting as it is, is producing growth in a no-growth environment and guiding for more of the same in F2023. This means that its 33X valuation may not matter for the ma... Read the Full Story |
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LCI Industries (NYSE: LCII) Q4 headline results give reason to worry, but the worry is largely misplaced. The company experienced a sharp contraction in business and a sharper contraction in the margin that hurt results for this quarter but set it up for smoother sailing for the remainder of the y... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. The company was incorporated in 1989 and is headquartered in Chandler, Arizona. | | View Today's Stock Pick |
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