Good MorningThe major indices made a solid rebound on Thursday but the market isn’t out of the woods yet. The move was led by the tech-heavy NASDAQ composite and is more about hope than anything else. The NASDAQ gained a little more than 2.0% in hopes that Apple, Amazon, and the rest of the FAANG names will continue to deliver results. The bad news for traders is that Thursday’s move failed to regain key price levels above the 30-day EMA’s for all the major averages.
Looking forward, next week is going to be chock filled with volatility. Not only is the VIX still above the last high but next week is the Presidential election. On top of that, it’s the turn of another month and that will bring the all-important non-farm payroll report. Although the labor market still has a long way to go the signs are good that hiring was robust in October.
Featured: 5 Best Stocks Under $5 to Buy Now (Ad) 
|
Markets | | Grocery store operator Weis Markets, Inc. (NYSE: WMK) shares have been chopping in range for the past few months, but still trading above its pre-pandemic February 2020 highs and outperforming the benchmark S&P 500 index (NYSEARCA: SPY). The Mid-Atlantic operator of 197 stores has been executing... Read the Full Story |
|
|
Markets | | Juniper Networks Isn’t Exciting But It Is A Steady Dividend Payer
Juniper Networks (NYSE:JNPR) isn’t an exciting company compared to say an Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), or even Nvidia (NASDAQ:NVDA) and AMD (NASDAQ:AMD). It’s a maker of networking equipment, router... Read the Full Story |
|
Markets | | Data from the manufacturing, shipping, and packaging industries all point to a sustained rebound with or without added stimulus and that can be seen in Automatic Data Processing’s (NASDAQ:ADP) 3rd quarter results. Read the Full Story |
|
|
Markets | | The Simply Good Food Company Is A Small-Cap Growth Opportunity
The Simply Good Food Company (NASDAQ:SMPL) reported a fantastic 4th quarter and full-year 2020 with one caveat. The results are driven more by acquisition than core strength but that may not matter. With earnings and revenue projected t... Read the Full Story |
|
Markets | | There’s Nothing Not To Like About Simpson Manufacturing
Simpson Manufacturing Co, Inc (NYSE:SSD) just reported a stellar quarter and updated its guidance, and yet shares are down nearly 4.0% on the news. The move raises questions about the company’s health but upon a deeper look, I can ... Read the Full Story |
|
From Our PartnersREVEALED: $194 Trillion Trump Market Pattern
Trump fires off a tweet and stocks tank…
He gives a speech and the markets soar…
Now, a new Trump executive order is set to set off a wave worth a potential $194 trillion in the markets.
And Wall Street insider Larry Benedict says it could hand investors who missed out on Trump’s first term a second chance. | | Click here to discover this exciting new trading pattern. |
|
The Early Bird Stock Of The Day Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. | View Today's Stock Pick |
|