Good MorningThe broad equities market staged a solid rebound on Tuesday following Monday’s late-day weakness. The market opted in favor of the ongoing economic rebound and the outlook for earnings following some bullish news about Apple. Sources from Japan say Apple’s orders for iPhone components for the first quarter of 2021 are 30% above the same time last year. Shares of Apple gained nearly 5.0% on the news to set a new three-month high.
In other news, the Industrial Production Index for November was reported on Tuesday. The index advanced 0.40% to beat the consensus of 0.20% as economic activity in the U.S. ramps higher. The next big gauge of the economy due out is the retail sales figures on Wednesday. It will be the last read on the economy before the FOMC meeting later in the day.
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Technology | |
When you consider which industries have changed the most over the last few years, the music industry has to be at the top of the list. The emergence of the internet left many companies in the music business scrambling to figure out how to recoup all of their lost revenue from physical album sales.... Read the Full Story |
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From Our Partners | | The largest energy source on Earth contains 50,000 times every oil and gas reserve on the planet combined - and much of it sits beneath the desert near the Grand Canyon.
A drilling crew just hit the DOE's 2035 targets twelve years early, with costs down 50% in 18 months. Google signed on, Gates invested, and the Pentagon made it a priority. One company has been quietly building this infrastructure for sixty years. | | See the company sitting on the biggest energy source on Earth |
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Medical | |
Drugmakers have been closely watched over the last several months, whether it's because they had direct skin in the game in the race for a COVID-19 vaccine, or because they were working on addressing some of the diseases out there that had nothing to do with COVID-19. Eli Lilly (NYSE:LLY) recently... Read the Full Story |
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Consumer Discretionary | | The Post-Pandemic Vaccine Trade
While we are not yet out of the woods the progress of vaccine development and distribution has altered the course of the pandemic. With an end more-clearly in the market’s sights, the industries worst hit by the COVID-19 shutdowns are ready to spring back. This... Read the Full Story |
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From Our Partners | | Zero-days-to-expiration trades happen every single day - and most traders either ignore them or use them wrong.
Dave Aquino's 0DTE Playbook breaks down a step-by-step strategy designed for shorter risk exposure, clear entry and exit windows, and faster feedback - no chart-watching required. | | Click here to see how the 0DTE Playbook works |
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Consumer Discretionary | |
When the Pfizer (NYSE: PFE) vaccine news was released, the market spent the next trading session (November 9) sorting out the winners and the losers. Peloton (NASDAQ: PTON) shareholders were fearful about the company’s ability to thrive in a post-vaccine world, and rushed to the exits; by th... Read the Full Story |
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Consumer Discretionary | | The Worst Is Behind The Furniture Industry
The furniture industry has its shares of trouble over the past few years. First, the trade war put a squeeze on profits, and then the pandemic came along to cut into business even more. While there is plenty of woe in the story I have to say we’re ta... Read the Full Story |
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From Our Partners | | The SpaceX IPO was valued at $1.75 trillion. But one analyst says fighting over those shares may be the wrong move.
There's a tiny supplier, just 1/60th the size of SpaceX, sitting at the center of what he calls Elon Musk's 'tollbooth' plan for AI infrastructure. Once SpaceX goes public, Wall Street could expose this under-the-radar vendor to a much wider audience. | | Watch the urgent presentation to see this hidden stock before the IPO window closes |
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Markets | |
What we are currently witnessing in the IPO market is truly fascinating. Some would even call it a buying frenzy. There’s no shortage of new companies for investors to choose from, thanks to over 447 IPOs on the U.S. stock market this year. That’s an increase of over 96.9% from 2019 an... Read the Full Story |
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Consumer Discretionary | | Hooker Furniture; The Rebound Accelerates
It has been a bit of a hit-or-miss year for the furniture makers. While demand is high, operating results are heavily dependent on the ability to meet demand. For many, supply chain disruptions that began well before the pandemic persisted into the 2nd half... Read the Full Story |
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Technology | |
With corporate borrowing rates at historic lows, most companies have opted to tap into the debt market to bolster liquidity and fund growth initiatives. But others have stayed clear of debt instead preferring to rely solely on the equity markets.
There are merits to both capital raising approache... Read the Full Story |
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Consumer Discretionary | |
Although telecom stocks don’t always make the headlines in today’s market, it’s important to recognize the value in buying companies that offer decent growth potential combined with relatively stable and consistent earnings. Telecom companies help to keep the world connected by a... Read the Full Story |
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Auto/Tires/Trucks | |
One of the greatest economic principles around is the notion of scarcity. When something is scarce—or hard to find, if you prefer—it's inherently worth more because it's that much harder to meet demand. Of course, it also depends on there being some demand for the item in question, but... Read the Full Story |
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The Early Bird Stock Of The Day Marsh & McLennan Cos., Inc. is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services. The Consulting segment offers health, wealth, and career solutions and products, and specialized management, strategic, economic, and brand consulting services. The company was founded by Henry W. Marsh and Donald R. McLennan in 1871 and is headquartered in New York, NY. | | View Today's Stock Pick |
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