Good MorningThe S&P 500 moved up to set another new high Tuesday led by tech. The NASDAQ Composite advanced nearly 1.25% to end the day at a new all-time high. While bullish, the move was tempered by the ongoing stalemate in Washington. A bipartisan bill for over $900 million in stimulus was introduced today and quickly shot-down.
Apple was among Tuesday’s biggest winners with a gain near 3.0%. Apple’s gain put the stock at a new 6 week high and indicated higher. With big tech back in favor the odds of the S&P 500 moving higher have increased. On a technical basis, the broad market index is indicated higher but the rally is losing steam. Without another major catalyst to move it the market could top out before the end of the year.
Featured: Sell these "safe" blue chips immediately (Ad) 
|
Technology | | The Analysts Are In Control Now
With the 3rd quarter reporting season in the bag, there isn’t much to drive the market other than data, outlook, and the analysts. The data is positive and points to an ongoing economic rebound, that’s good, but expansion slowed over the last month along ... Read the Full Story |
|
From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
|
Consumer Discretionary | |
Just a couple of weeks ago, we judged now to be the best time yet to pick up Nio (NYSE:NIO) shares, and with good reason. The company was poised to be a “long-term secular growth story,” our research found, and with fresh gains coming in from pre-market trading today, there's more reas... Read the Full Story |
|
Technology | | The Market Punishes Zoom Video Communication, Inc
Zoom Video Communication (NASDAQ:ZM) is one of the biggest winners of the pandemic. The company experienced an exponential increase in customers, revenue, and traffic that, quite frankly, has yet to slow down. The company just reported its 3Q earnin... Read the Full Story |
|
From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
|
Finance | | A 40% run in less than a month’s worth of trading is enough to make any investor sit up and take notice. All the more so when it comes from a stock that’s put down a rough year and is coming out of oversold levels. That’s the reality for investors of San Francisco bank Wells Fargo ... Read the Full Story |
|
Technology | |
With so many different software stocks performing well in the market this year, it’s easy to let some of them go unnoticed. Many of these companies are seeing strong earnings growth thanks to how the pandemic has impacted the business world. What’s interesting is that even though these... Read the Full Story |
|
From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
|
Industrials | | Fuel cell power solutions provider FuelCell Energy, Inc. (NASDAQ: FCEL) stock has exploded to the upside recently on the electric vehicle (EV) momentum. Shares have spiked well over 300% from its February pre-COVID-19 highs handily outperforming the benchmark S&P 500 index (NYSEARCA: SPY). Money... Read the Full Story |
|
Consumer Staples | |
The Dow hit 30,000 for the first time yesterday and the S&P 500 surged more than 1.6%. But this wasn’t a day where there was green across the board.
Many of yesterday’s winners were companies that have struggled during the pandemic, but expect to turn it around once a vaccine beco... Read the Full Story |
|
Consumer Discretionary | |
For a while now Best Buy (NYSE: BBY), the $30 billion electronics retailer, has been pinned as one of the better-performing retailers in 2020, a year that has forced many to adapt or die. Coming into yesterday’s release, shares were not only up more than 150% since March, but trading at all-... Read the Full Story |
|
Consumer Staples | |
There are different approaches to growing a portfolio. Some investors like to focus on high-flying technology stocks to generate capital appreciation. Others prefer to get their growth in a steadier fashion by investing in companies that have a history of increasing their dividend payments.
Here ... Read the Full Story |
|
Communication Services | | Social media platform Pinterest, Inc. (NYSE: PINS) stock has surprised the markets blowing away analyst expectations even after the heads up from Snapchat (NASDAQ: SNAP) earnings. The platform grew its global users to over 442 million. The visual discovery platform where people post up inspirational... Read the Full Story |
|
The Early Bird Stock Of The Day CBRE Group, Inc. operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. The Global Workplace Solutions segment provides facilities management, including day-to-day management of client-occupied space, headquarters, regional offices, administrative offices, data centers and other critical facilities, manufacturing and laboratory facilities, and distribution facilities and retail space; and project management services comprising building consulting, program, and project and cost management services under the Turner & Townsend brand name. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to pension funds, insurance companies, sovereign wealth funds, foundations, endowments, and other institutional investors; and development services, such as real estate development and investment activities under the Trammell Crow Company and Telford Homes brands to users and investors in commercial real estate, and for their own account. CBRE Group, Inc. was founded in 1906 and is headquartered in Dallas, Texas. | | View Today's Stock Pick |
|