Home Credit report Today’s stock market news and events: 07/06/2022

Today’s stock market news and events: 07/06/2022

0

Today will bring the foreign trade balance and a consumer credit report.

The following public companies are expected to report results today, June 7:

Academy Sports and Outdoors Inc. (NASDAQ: ASO — $35.57) provides enterprise technical, engineering and information technology (IT) services primarily in the United States. Academy Sports and Outdoors will release its second quarter 2022 results before the bell today.

Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL — $101.89) develops and operates the Cracker Barrel Old Country Store concept in the United States. Cracker Barrel will release its second quarter 2022 results before the bell today.

Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY — $37.25) owns and operates entertainment and dining venues for adults and families in North America. Dave & Buster’s will release its second quarter 2022 results before the bell today.

(A d)

Geologists predict that Nevada could contain 25% of the world’s lithium supply. And with lithium quickly becoming the most valuable (and most important) metal on the planet, Nevada could quickly become one of the wealthiest states in the United States…

G-III Apparel Group Ltd. (NASDAQ: GIII — $27.36) designs, sources and markets women’s and men’s apparel in the United States and around the world. G-III Apparel will report its second quarter 2022 results before the bell today.

Hello Group Inc. (NASDAQ: MOMO — $6.26) provides mobile social and entertainment services in the People’s Republic of China. Hello Group will release its first quarter 2022 results before the bell today.

The JM Smucker Co. (NYSE: SJM – $123.26) manufactures and markets branded food and beverage products worldwide. JM Smucker will release its second quarter 2022 results before the bell today.

REV Group Inc. (NYSE: REVG — $12.17) designs, manufactures and distributes specialty vehicles and related replacement parts and services in the United States, Canada, Europe, Africa and around the world. REV Group will release its second quarter 2022 results before the bell today.

United Natural Foods Inc. (NYSE: UNFI — $44.91) distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. United Natural Foods will release its second quarter 2022 results before the bell today.

Casey’s General Stores Inc. (NASDAQ: CASY — $207.32) operates convenience stores under the names Casey’s and Casey’s General Store. Casey’s General will release its second quarter 2022 results after today’s close.

Guidewire Software Inc. (NYSE: GWRE — $79.48) provides software products to P&C insurers worldwide. Guidewire Software will report its second quarter 2022 results after today’s close.

Smartsheet Inc. (NYSE: SMAR — $39.14) provides a cloud-based enterprise platform to plan, capture, manage, automate and report on the work of teams and organizations. Smartsheet will report its second quarter 2022 results after today’s close.

Torrid Holdings Inc. (NYSE: CURV — $5.54) operates in the plus size women’s apparel and lingerie market in North America. Torrid will release its second quarter 2022 results after today’s close.

Verint Systems Inc. (NASDAQ: VRNT — $51.86) provides customer engagement solutions worldwide. Verint Systems will report its second quarter 2022 results after today’s close.

Looking ahead to tomorrow, a review of wholesale inventories is expected.

All economic dates shown here are tentative and subject to change.

There is simply no options strategy that more perfectly approaches trading the most volatile and fastest-moving stocks available in the market than this one. Be sure to brush up on the basics of how to trade verticals now:

7 great biotech stocks to buy while waiting for better days

The biotechnology (biotech) sector was one of the best performing sectors in 2020. Many companies saw their stock prices rise as the race for the Covid-19 vaccine was on.

However, many of these companies were pre-revenue companies. Or they were companies that only had one or two products or therapies on the market. And as the calendar turned to 2021, investors took notice. And what went up came down fast. And in the case of the biotechnology sector, it has been difficult.

One way to tell is to look at biotech ETFs. One of the most popular ETFs, the VanEck Vectors Biotech ETF (NYSEARCA:BBH) is down more than 15%. So you can imagine what that looked like for many individual biotech stocks. If you’re a buy-and-hold investor, you’re healing wounds right now.

But investors who knew which companies to buy did well. And many of these names will continue to dominate the biotech sector in 2022. In this special presentation, we offer investors seven biotech stocks that represent different aspects of this diverse sector. We believe there is something for investors of all risk tolerances.

Check out “7 Great Biotech Stocks to Buy While Waiting for Better Days”.