Good MorningWith the nation on the brink of a major change, the stock market took a breather on Monday. Equities began the day moving higher but the gains were small and the impetus quickly faded. By the end of the session the S&P 500, Dow Jones Industrials, and NASDAQ Composite gave up most of the earlier gains to close higher by .50% to 1.50%.
The caveat for investors is that, while hopeful, Monday’s action was not bullish. The broad market S&P 500 is poised for a major correction that could be sparked by the results of the election. And if the election isn’t enough for the market to worry about the Q3 earnings cycle is still underway and there are important economic data at hand. Wednesday will bring the November FOMC meeting while later in the week is the all-important non-farm payroll report.
Featured: Elon Musk's Next Big AI Project Could Open This Month (Ad) 
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Consumer Staples | | Waste Management Is A Cash-Flow Behemoth
Waste Management (NYSE:WM) is, if nothing else, a free-cash-flow behemoth. The company churns out billions in free-cash-flow every year and does a fairly good job of managing it, too. The company is known for growth and returning cash to cash to shareholders... Read the Full Story |
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From Our Partners | | Jeff Brown, founder and CEO of Brownstone Research, says he has uncovered what he calls one of the biggest discoveries of his career tied to the ongoing AI boom.
Brown is pointing to a key date, October 20, and is highlighting five AI-related opportunities outside the traditional stock market that most investors have never heard of. | | Click here to see the full research before October 20 |
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Consumer Discretionary | | Consumer products maker Newell Brands Inc. (NYSE: NWL) stock is still trading under its February pre-COVID highs underperforming the benchmark S&P 500 index (NYSEARCA: SPY) recovery. The Company is a likely pandemic benefactor from the stay-at-home restrictions but has been able to accelerate it... Read the Full Story |
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Markets | | Overstock.com (NASDAQ: OSTK) blew away expectations when it released its Q3 earnings last week; revenue was $731.7 million vs. estimates of $585.6 million, while earnings of 50 cents per share beat estimates of a 2 cents per share loss.
Unsurprisingly, Overstock opened nearly 14% higher on Thursday... Read the Full Story |
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From Our Partners | | Jeff Brown, the former tech executive who picked Nvidia in 2016 before it surged as high as 37,800 percent, just got inside Elon Musk's new Cybercab, a vehicle with no steering wheel or pedals.
In 2018, the New York Post called Musk a total fraud. Brown's latest footage shows just how far that technology has come since then. | | Watch the Cybercab footage and judge Elon Musk's technology yourself |
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Consumer Discretionary | | A 3% jump on Friday was enough to put Garmin (NASDAQ: GRMN) shares within a couple of cents of their 52 week high as well as their highest level since 2007’s all-time highs. After watching their shares collapse 90% from that peak into 2009, the company has had to reinvent itself in a lot of wa... Read the Full Story |
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Technology | |
During the first half of the year, essentially every company that offers cloud-based software was rallying as the pandemic quickly transformed the way that most of the world handles business. While the trend of businesses moving to the cloud is here to stay, some of these hot software names receiv... Read the Full Story |
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From Our Partners | | Jeff Brown, the former tech executive who called the rise of Bitcoin, Tesla, and Nvidia years early, is tracking a new Elon Musk project he calls the most epic AI initiative in history.
The plan could give Musk access to 50 times more computing power than the rest of the world combined, a development Brown says is drawing attention from executives at Amazon, Microsoft, and Google.
Brown compares the scale of this project to the SpaceX IPO, which minted thousands of millionaires overnight. | | Click here to see the full details on Musk's next big move |
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Industrials | | ADP Rises On Labor Market Strength
I have long been a fan of labor market stocks and the pandemic has done nothing to change that,. While employment down is from its peak the market is still quite strong relatively speaking. Not only has the post-shut-down rebound in hiring been strong, but intenti... Read the Full Story |
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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 |
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Industrials | | 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 |
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Consumer Staples | | 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 |
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Consumer Staples | | 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 |
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The Early Bird Stock Of The Day Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc. was founded in 1984 and is headquartered in Plano, Texas. | | View Today's Stock Pick |
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