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Before you Trade Today: Know the Economic Calendar! Also See This Weeks Most Anticipated Earnings (Note: Red Indicates an Earnings Loss [Not Miss] Consensus), & Yesterdays Insider Buys.

YESTERDAYS INSIDER BUYING

TODAYS COMMENTARY Get a Cup of Coffee & Enjoy Catching Up! If you aren’t reading this daily you are missing out on a wealth of information that could prevent unforced & unnecessary trading errors.

BUY LIST UPDATE: One Option Strategy Added Yesterday

ADMINISTRATIVE NOTE: Yesterdays newsletter had a serious market moving catalyst … namely the Fed Chairs’ then upcoming speech. Unfortunately substack glitched & sent all writers an email noting that scheduled posts failed to send. They eventually resolved the issue but if this happens to you, remember you can visit StockTips online HERE. I hate it when this happens given how hard I work to provide you with what you need to know prior to the trading day.

TRADING TODAY: The next big data release on the economic calendar (above) will be durable goods orders next Tuesday. This report covers new orders for US manufactured durable goods (That’s goods that are expected to last for 3 years or longer). In short, these are not your one time use goods like food, gas, chemicals, toiletries, etc … but rather furniture, household appliances, machinery, etc. They are generally more expensive than your temporary goods & can often be a “one time,” or “once in a while,” purchase. When inflation bites you can generally see it first in the durable goods market. People tend to forgo large expensive purchases when everyday items increase … effectively depleting their spending power. Last month durable goods came in at -2.2% month over month (MoM). Consensus at the time was -0.5%, a 1.5% spread to the negative below analyst expectations. In the next report analyst expect a 1% increase MoM. A higher or lower than expected swing in new durable goods orders has the tendency to move markets.

Finally New Home Sales for March will be reported this Tuesday 10:00 ET. Analyst consensus is 776,000, slightly up from 772,000 the month prior. If we do in fact have a housing shortage, & I think we do, we should expect to see new home sales increase at a somewhat steady rate & existing home sales decrease. However, this market is hard to assess due to the fact that the average 30 year fixed interest rates are rapidly increasing (over 5% now). We should therefore expect some cooling in the housing market as rates go higher. Indeed increasing rates should be a disincentive to both building homes & apartments … which should make the housing situation worse. How so? People need a place to live. If folks aren’t taking out mortgages on new or existing homes, then they’re either renting, or living with someone else. And with such a high demand for housing leading to skyrocketing housing prices, rent’s ALSO increase. But what happens when the demand for rent increases as a result of no one wanting to take out a 5% interest rate on a 30 year fixed for a new or existing home? The answer is simple, … more expensive rent. And with home prices increasing, rents increasing, & interest rates increasing, people will pay more for their mortgage/rent which in turn leaves them less they can spend in the retail space. Housing inflation can often therefore be one of the largest destroyers of retail spending.

DO YOU UNDERSTAND THE IMPLICATIONS OF WHAT YOU JUST READ!!??: Folks always complain that they don’t know what’s going on in the markets or what to expect. Well, I’m giving it to you! Understand the value of the information! Example: I warned folks for two full days that Powell was speaking yesterday & yet still folks were surprised when the markets tanked. It’s on the economic calendar folks! I commented on it for two days prior. This newsletter is money people! The information provided will help you!

YESTERDAYS EARNING RESULTS XRX WNS WSO WSBF VRRM UNP TPH TSCO SNV SON SNA SASR SAFE STBA RBCAA DGX POOL PM PNR OFG NEE NEP MGP MMC KEY IIIN HBAN HFWA HRI HTLD GPC FVCB FCX EWBC DOW DOV DQ DHR COLB CBAN CHCO CHMG BX BCBP BCML BKU BANC AN AUB T AMNB AAL ALK ABB SRCE WSFS WSFS WAL WABC VICR UFPI TRST SAM SIVB SNAP XM PPG PSTV NUE MCB ISRG INDB HTH GBCI FE FFBC BJRI OZK ASB PINE

Significant News Heading into 04.22.2022:

• Stock futures are lower as the S&P 500 attempts to avoid another losing week

• Asia stocks mostly slide as investors react to comments from central bank leaders in China, U.S.

• European markets trade lower after Fed’s Powell signals a rate hike next month

• 10-year Treasury yield rises to 2.94% following Powell’s comments on rate hikes

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PAID CONTENT IN THE PAYWALL BELOW:

• 6 Stocks near/at/above the Buy Zone (Waiting to Swing).

• 2 Options Strategies

• 25 Stocks on the Price Based Assessment Watchlist 5 Stocks on the Stocks Under $20 List (Read the Warning/Disclaimer) 6 Stocks on the Highly Speculative Highly Volatile Small Cap List (Read the Warning/Disclaimer) 4 Stocks on the short possibilities list

👉CLICK HERE TO SEE THE DETAILS OF EVERY STOCK ON THE BUY LIST (AND SEE THE PRICE ASSESSMENT BASED WATCHLIST / THE STOCKS UNDER $20 LIST & THE HIGHLY SPECULATIVE LIST)

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