Good MorningThe S&P 500 made another try for a new all-time high but the effort was weak and went nowhere. By the end of the day, the broad-market index shed close to 1% and may continue lower in the coming sessions. Although the COVID-Vaccine news has been good, the good-feelings have been tempered by record-setting infection rates and the fear of a global economic shut-down. The last time the U.S. shut down it cost more than 20 million people their jobs and 32% of GDP.
In brighter news, Wednesday’s economic data was good and points to acceleration within the economic rebound. On the retail front, retail sales slowed from the prior months’ 1.6% increase to 0.3%. The 0.3% is a more sustainable figure and in-line with consensus. On the industrial front, industrial production and capacity utilization were both better than expected. In housing news, the Home Builders Index accelerated 2 points to set another new high on strong demand.
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Markets | |
The election season and recent vaccine developments have spurred some remarkable shifts in market sentiment. For some sectors it has been out with old and in with the new.
Whether due to expectations of a supportive Biden administration or normalized economic conditions, financial, industrial, an... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Finance | |
While there have been several negative headlines impacting Chinese equities this year including things like delisting threats and antitrust concerns, it seems that investors are still very interested in adding shares of companies that are located in the fastest-growing economy in the world. It is ... Read the Full Story |
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Consumer Discretionary | |
Undoubtedly, one of the biggest Cinderella stories of the last couple years in the stock market has been Tesla (NASDAQ:TLSA). With huge gains, new products, and a whole new mystique, the company that started the year in the sub-$100 doldrums rocketed to success, gaining at one point better than si... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Consumer Discretionary | | There’s A Dividend Increase Brewing At La-Z-Boy
La-Z-Boy (NYSE:LZB) is an under-reported pandemic-winners that still has room to run, it’s that simple. The company is experiencing a robust rebound that has only accelerated since the calendar 2nd quarter. And it’s still a bargain t... Read the Full Story |
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Utilities | |
Investing in the renewable energy sector makes a lot of sense at this time. The global renewable energy market is expected to reach a valuation of $2.15 billion in 2025 and there will certainly be companies that benefit from this growth. With the prospects of a Joe Biden presidency and improving t... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Technology | | Ecommerce facilitator BigCommerce Holdings (NASDAQ: BIGC) stock has been frustrating investors since peaking at $162.50 on Aug. 26, 2020. Shares have sold off on every breakout attempt as it trades back towards post-IPO lows and outperforming the benchmark S&P 500 index (NYSEARCA: SPY). As we ge... Read the Full Story |
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Consumer Staples | | Walmart Is A Quality Stock At Any Price
If you are looking for a value stock Walmart (NYSE:WMT) may not be it but that doesn’t mean it isn’t a buy. Trading at 28X this year’s earnings and 27X the next the stock is more costly than Target (NYSE:TGT) by several handles and nearly do... Read the Full Story |
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Consumer Discretionary | | American’s Car-Mart Accelerates Growth In Tight Market
When I last reported on American’s Car-Mart (NASDAQ:CRMT) the company had just released its FQ1/Calendar Q2 earnings report. In it, the company demonstrated not only its position within the booming used-car market but a healthy bala... Read the Full Story |
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Consumer Staples | | BJs (NYSE: BJ) shares took a shellacking on November 9th, dipping nearly 13% on huge volume. The reason was obvious: Investors feared that BJs will not fare as well if the “new-normal” becomes the “old-normal.”
The move was surprising, however, because BJs isn’t some h... Read the Full Story |
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Consumer Discretionary | | The recent update from Moderna (NASDAQ: MRNA) on their COVID vaccine has added fuel to the recovery rally and in particular, non-tech names that didn’t sparkle too bright this summer stand to do well. That means the likes of cruise ships, airlines, and hotels all stand poised to have a solid e... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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