Good MorningThe market held relatively steady on Thursday following Wednesday’s deep decline. The S&P 500 held within a fairly tight range despite dropping 0.20% at the open. By the end of the day, what losses there were had been regained and the rebound was led by tech. The tech-heavy NASDAQ Composite finished the session up more than 0.50%.
With the market in a wait-and-see mode, the only thing to do now is to wait and see. The good news is that we may not have much longer to wait. One of the biggest uncertainties facing the market is the outcome of President Trump’s attempt to reverse the election. The electoral college is slated to meet in just a few days and is expected to certify the vote in favor of Joe Biden. With that out of the way, the next big market move will come down to two things; the pandemic and the stimulus.
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Politics | | | President-elect Joe Biden is set to nominate Katherine Tai to be the top U.S. trade envoy, according to two people familiar with his plans.
Tai, who is chief trade counsel for the House Ways and Means Committee, will be tapped as the U.S. Trade Representative, according to the two peo... Read the Full Story |
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From Our Partners | | Bitcoin is breaking out — and one state just created a Strategic Crypto Reserve.
James Altucher says this marks the beginning of “Trump’s Great Gain,” a new crypto bull phase driven by emerging federal policies. He believes certain altcoins could turn $900 into $108,000 — and reveals everything in a new presentation. | | See Altucher’s Great Gain gameplan here |
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Tech | | | S&P DJ Indices is removing 21 Chinese companies from its indexes, or groups of stocks and bonds used to track financial market movements, after Americans were barred from investing in them as part of a feud with Beijing over technology and security.
The Chinese government critici... Read the Full Story |
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Tech | | | World markets were mixed Thursday after selling of technology and health services companies’ shares ended a winning streak on Wall Street.
Shares advanced in London, Paris and Shanghai but fell in Tokyo and Hong Kong.
As coronavirus vaccines move closer to distributio... Read the Full Story |
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Markets | | |
With so many large-cap companies in focus these days, now might be a good time for investors to recall that there are plenty of advantages associated with investing in small-cap stocks. These are companies that have a market capitalization between $300 million to $2 billion and offer tons of growt... Read the Full Story |
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Markets | | | Campbell’s Is A Buy Buy Buy
Campbell Soup Company (NYSE:CPB) is so much more than just soup and it is time that investors wizen up to that fact. The company has been diversifying its portfolio for years and now stands as a leading diversified consumer staple with long-term growth in its sight... Read the Full Story |
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From Our Partners | | Those who recognized the opportunity early didn’t hesitate—they took action.
Now it’s your turn.
We are about to release a brand-new report featuring a company with massive breakout potential.
Here’s the best part: This report is 100% free. No hidden fees, no catch—just expert research designed to keep you ahead of the market. | | ➡️ Click here now to claim your free report! |
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Tech | | | BERLIN — Germany has reported its highest one-day total of new coronavirus cases, while the number of deaths linked to COVID-19 has climbed above 20,000.
The national disease control center, the Robert Koch Institute, said Thursday that 23,679 new cases were confirmed over the previou... Read the Full Story |
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Tech | | | TOKYO — The number of new coronavirus infections in Japan's capital have topped 600 in a day for the first time.
Experts on Tokyo's virus task force say the surge in infections has placed an added burden on hospitals, making it difficult for many of them to carry out treatment for ord... Read the Full Story |
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Markets | | | If Adobe (NASDAQ:ADBE) has proved one thing this year it is that its businesses are immune to the pandemic. As a leader in digital media, the company is well-positioned for the ongoing shift to digitization Read the Full Story |
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Markets | | | The Lovesac Company Is Growing And Growing Strong
The Lovesac Company (NASDAQ:LOVE) is one of those stocks I just happened to run across one day and am glad I did. To call it a microcap is an overstatement. The company’s newly reported Q3 revenue is a mere $75 million and barely a blip on the... Read the Full Story |
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Markets | | |
On the surface, this would seem to be the best possible time to buy in on Best Buy (NYSE:BBY). Pretty much the leading electronics retailer around, going into the height of the holiday season, it's a situation that seems tailor-made to buy in on big profits. So why did Goldman Sachs shift its rati... Read the Full Story |
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The Early Bird Stock Of The Day Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace; Citrix Virtual Apps and Desktops; Collaborative Work Management; Citrix Content Collaboration, a cloud-based file sharing, digital transaction, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops, and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance, which uses machine learning to quantify user experience; Citrix Secure Workspace Access that provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access, which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps. It also provides Citrix ADC that offers application delivery controller, on-premise, in-cloud, and SaaS deployment option solutions. In addition, the company provides customer services, hardware maintenance, consulting, and product training and certification services. The company serves healthcare, financial services, technology, manufacturing, consumer, and government agencies. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. and changed its name to Citrix Systems, Inc. in March 2009. Citrix Systems, Inc. was incorporated in 1989 and is headquartered in Fort Lauderdale, Florida. As of September 30, 2022, Citrix Systems, Inc. was taken private. | | View Today's Stock Pick |
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