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Courtney Garcia
Courtney Garcia on Fast Money on CNBC 01/07/2022 at 10:13pm

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Doesn't want this on her BBQ.
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Karen Finerman
Karen Finerman on Fast Money on CNBC 01/07/2022 at 10:13pm

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They abandoned deal stocks today. Shares tanked nearly 20%. The company has been lying about its plan in its filings and she is furious. The company lowered its own guidance, yet was saying in its call that things were going well. That was BS. The company has wasted so much shareholder value in five months since they received that offer. They have underperformed every retailer. Management has been incompetent and lying to shareholders, no doubt. She wouldn't be surprised if an activist came aboard. They are terrible.
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Timothy Seymour
Timothy Seymour on Fast Money on CNBC 01/07/2022 at 10:12pm

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It's BBQ time.
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Pete Najarian
Pete Najarian on Fast Money on CNBC 01/07/2022 at 10:12pm

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It's bottomed out and is ready to rocket up.
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Steve Grasso
Steve Grasso on Fast Money on CNBC 01/07/2022 at 10:11pm

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It's breathtaking how yields slid this week. (The U.S. 10-year fell below 3% today.) If you go back to November 2018 to the highs of June 2022, the 50% retracement for yields is 2%. Those two dates were a double top for yields. He expects a respite for yields as commodity prices (gas and wheat) come in. This may convince Jay Powell to take his foot off the gas and result in yields come in from here.
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FedEx, Aritzia Inc. and 17 Stock and 3 ETF Top Picks (Jun 24-30)
01/07/2022 at 03:00pm

FedEx, Aritzia Inc. and 17 Stock and 3 ETF Top Picks (Jun 24-30)

This week were 17 Stock and 3 ETF Top Picks in a wide range of industries: Industrials, Utilities, Consumer, ETF, Technology, Energy, Financials and Healthcare. Here are this week’s Top Picks as selected by: Michael O’Reilly, Brendan Caldwell, Mike Philbrick,… read more

with Alan Tong

After the close

With Allan Tong

01/07/2022 at 10:00am

U.S. stock climb before long weekend

As the TSX was closed Friday for Canada Day, Wall Street ended the week modestly up on Friday. The S&P gained 1.06%, the Nasdaq 0.9% and the Dow 1.05% to offer some relief to the toughest half-year on Wall Street in decades.

There were broad gains as Amazon rose 3.15%, Apple 1.62%, Etsy 9%, Lennar 5.71%, Sherwin-Williams 5.06% and Warner Bros Discovery 6.18%. Laggards included Lam Research at -7.35%, Applied Materials -5.18% and AMD -3.66%. WTI oil climbed 2.5% to nearly $109. However, the U.S. 10-year yield actually slid below 3% to 2.894% while Bitcoin continued to slump, tumbling 2.6% below $19.500. The U.S. will celebrates its own national holiday on Monday.

📦 Amazon.com (AMZN-Q) +3.15%
🍎 Apple (AAPL-Q) +1.62%
🛍 Etsy Inc. (ETSY-Q) +9%
🏠 Lennar Corp. (LEN-N) +5.71%
👩‍🎨 Sherwin-Williams Co. (SHW-N) +5.06%
📺 Warner Bros. Discovery (WBD-Q) +6.18%
🧬 Lam Research Corp (LRCX-Q) -7.35%
🏗 Applied Materials (AMAT-Q) -5.18%
💾 Advanced Micro Devices (AMD-Q) -3.66%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.6%

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with Alan Tong

After the close

With Allan Tong

01/07/2022 at 12:05am

Recession and rate fears rattle stocks, cryptos

Ongoing worries of a future recession and rising interest rates continued to pressure stocks on Thursday. The TSX ended -1.18% for the day (to fall below 19,000), but -11% for the first half of 2022. That is roughly half as bad as the S&P’s performance, which has sunk over 20% for the first half. Only real estate and utilities saw gains in Toronto, leaving the other sectors in the red.

Losers included Air Canada at -6% as it continues to cancel flights due to staffing shortages, Canopy -18.49%, Equinox Gold -6.82%, New Gold -6.16% and Osisko Mining -6.13%. Among the few gainers were Canfor up 3.74% and Brookfield Infrastructure up 2.87%. It didn’t help that crude oil slid, with WTI down 3.5% below $106.

On Wall Street, the S&P closed -1.25%, the Nasdaq -1.7% and the Dow -1.15%. Gainers included Enphase up 5.74%, Northrup Grunman by 3.63% and defence name Raytheon adding 3%. There were more losers, including Ford at -3.3%, Carnival -2.76%, Nvidia -3%, Apple -2.32% and Amazon -2.84%. The S&P had its worst first half of a year since 1962. The U.S. 10-year yield slipped to 3.018%, but Bitcoin tanked over 5% to $19,000 as the crypto rout continued. The TSX is closed tomorrow for Canada Day.

🛫 Air Canada (AC-T) -6%
🌿 Canopy Growth Corp. (WEED-T) -18.49%
🥇 Equinox Gold (EQX-T) -6.82%
🥇 New Gold Inc. (NGD-T) -6.16%
⛏ Osisko Mining (OSK-T) -6.13%
🌲 Canfor Corp (CFP-T) +3.74%
🏛 Brookfield Infrastructure Partners (BIP.UN-T) +2.87%
⚡ Enphase Energy (ENPH-Q) +5.74%
🚚 Northrop Grumman (NOC-N) +3.63%
💣 Raytheon (RTX-N) +3%
🚘 Ford Motor (F-N) -3.3%
🚢 Carnival Corp. (CCL-N) -2.76%
💾 Nvidia Corp (NVDA-Q) -3%
🍎 Apple (AAPL-Q) -2.32%
📦 Amazon.com (AMZN-Q) -2.84%
🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -5%

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Expert Panel
Expert Panel on Market Call (BNN TV) 30/06/2022 at 06:22pm

BIG PICTURE ISSUES

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The one thing to think about heading into the second half of 2022? Earl: It's a secular environment of higher volatility, inflation, and interest rates that will last 5-20 years. You want to own the companies that have hard assets, the ones that hurt if you drop them on your foot. Patricia: Own quality compounders. Cash returns on assets. Do your due diligence. Be an active investor. John: Assess risk profiles of the stocks you own. If you can't sleep at night, maybe you shouldn't be as involved in the market. Tremendous opportunities right now, whether in the next 2 weeks or 2 months, for the longer term.
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The Panic-Proof Portfolio (Stockchase Research)
The Panic-Proof Portfolio (Stockchase Research) on Stockchase 30/06/2022 at 04:43pm

NORTH AMERICAN

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Stockchase Research Editor: Michael O'Reilly We again reiterate CVS, a top retail pharmacy and health care insurance company, as a TOP PICK. It trades at 1.6x book value and forward earnings for next year project a PE of 10x earnings compared to peers at 14x. It pays a good dividend backed by a payout ratio under 40% of cash flow. We like that it has continued to build cash reserves, while aggressively retiring debt and buying back shares. We continue to recommend the trailing stop at $85, looking to achieve $117 -- upside potential of 25%. Yield 2.36% (Analysts’ price target is $117.22)
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