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ISM PMI surveys, Fed speakers, more retailer earnings will dictate the market’s direction in the week ahead. Tesla shares are a buy with the highly anticipated ‘Investor Day’ in...
PCE inflation data, Fed FOMC minutes, retailer earnings in focus. Walmart stock is a buy amid strong results, upbeat guidance. Moderna shares set to underperform on big profit drop, sluggish...
Retailers are the final group of companies scheduled to report earnings this season Investors should avoid Target and Stitch Fix ahead of their latest results Both companies are set to deliver sharp...
U.S. Treasury Secretary Janet Yellen recently stated: “You don’t have a recession when you have the lowest unemployment rate in 53 years.” Let’s HOPE she is correct. As logical...
The retail sector has outperformed the broader market by a wide margin thus far in 2023. Despite the gloomy macroeconomic outlook, I remain positive on several retailers. As such, I recommend buying...
Stocks rose sharply over the week, despite a 1% drop on Friday after a strong job report. Jay Powell was right on Wednesday when he stated that the labor market was too tight and that their data...
Canadian bond investors had a rough go in 2022. After holding through years of low yields, many Canadians were overweight long and intermediate duration bonds in their portfolios. So when interest...
Big-box retailer Bed Bath & Beyond (NASDAQ:BBBY) reported a significant loss for its fiscal third quarter and a major decline in sales as the company struggled to cushion the prolonged cash burn...
The S&P 500 is anticipated to suffer its first year-over-year earnings decline since Q3 2020 I believe stocks in the Energy and Industrials sectors are set to stand out in the current...
• Best Buy’s stock has lost more than 45% over the past 12 months as demand for electronic products has declined• One notable difference between Best Buy and other big-box retailers is...
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