Good MorningEquity markets gave up some of this week’s gains on Friday leaving traders in question about a possible Santa Claus Rally. The Santa Claus Rally is an upswing in the market that usually accompanies the Christmas Holiday. This year’s holiday, however, comes with dark clouds that may keep the market from moving much higher. Not only is the COVID-19 virus still spreading but the economic stimulus is elusive as ever and a government shutdown looms over the country.
With only eight trading days left in the year investors are cautioned not to read too much into the day-to-day market movements. Trading volume is going to be at a seasonal low and trading ranges will dominant the action. We might not know which direction the market really wants to go until the New Year begins.
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Politics | | | The European Union’s chief negotiator says the bloc and the United Kingdom are starting a “last attempt” to clinch a post-Brexit trade deal, with EU fishing rights in British waters the most notable remaining obstacle to avoid a chaotic and costly changeover on New Year Read the Full Story |
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From Our Partners | | The Tesla Shock Nobody Sees Coming
While headlines scream "Tesla is doomed"...
Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs.
One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd. | | Click here to see the Tesla shock that could blindside everyone. |
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Stocks | | | Some stocks in the technology sector offer investors capital appreciation upside combined with steady dividend payments. There are 3 dividend-paying tech stocks in particular that investors should consider buying now. Read the Full Story |
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Politics | | | Global stock markets and U.S. futures were mostly lower Friday after Wall Street hit a new high on optimism over economic stimulus and coronavirus vaccine development despite a spike in U.S. unemployment claims.
Markets in Shanghai, Frankfurt, Tokyo and Hong Kong advanced while London... Read the Full Story |
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From Our Partners | | It’s Crypto Week at the White House — and the sector is moving from fringe to full-scale adoption.
With Bitcoin hitting $123,000 and giants like BlackRock and Fidelity pouring in, one expert believes a lesser-known coin could soon be vaulted to the top — possibly even landing in the government’s digital reserve. | | See the coin positioned to win from Washington’s crypto push |
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Politics | | | Asian stock markets were mixed Friday after Wall Street hit a new high on optimism about economic stimulus and coronavirus vaccine development despite a spike in U.S. unemployment claims.
Tokyo, Hong Kong and Sydney retreated while Shanghai gained. Seoul swung between small gains and ... Read the Full Story |
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Markets | | | RingCentral (NYSE: RNG) is a cloud-based communications platform used by businesses to allow employees make and take calls from their computers. In other words, a textbook work-from-home stock at first glance. Read the Full Story |
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From Our Partners | | New Hampshire just launched a Strategic Crypto Reserve — and James Altucher says it’s the first sign that “Trump’s Great Gain” has officially begun.
Altucher believes select cryptos could turn $900 into $108,000 over the next 12 months — and he’s laying out the full gameplan in a new presentation. | | See Altucher’s Trump crypto prediction here |
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Markets | | | Mixed Results Drives Apogee Lower
At first glance, you might think Apogee Enterprises (NASDAQ:APOG) is well-positioned as a manufacturer of windows but then again, maybe not. The company is focused almost exclusively on the industrial end of the construction business and there is some weakness in t... Read the Full Story |
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Politics | | | BRUSSELS — More than 10,000 elderly people living in Belgian rest homes have died from COVID-19 since the start of the coronavirus pandemic.
Yves Van Laethem, a spokesman at Belgium’s coronavirus crisis center, told a news conference on Friday that the death of 10,270 rest home resid... Read the Full Story |
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Tech | | | As a wave of antitrust actions surges against Google and Facebook, states in two lawsuits are stretching beyond the cases made by federal competition enforcers to level bold new claims. The states are taking new legal approaches as they join the widening siege against the two once seemingly untoucha... Read the Full Story |
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Markets | | | Steelcase Not Participating In Furniture Rebound
The furniture market is booming, at least on the residential end, and that is driving shares of stocks like La-Z-Boy (NYSE:LZB), Lovesac, (LOVE) and RH (NYSE:RH) to new highs. And that’s the problem for Steelcase (NYSE:SCS). Residential f... Read the Full Story |
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Markets | | | The other is consumer spending and Jabil (NASDAQ:JBL) is benefiting from both. The pandemic made the world lean heavily on technology, proving its worth to society and accelerating the shift to digital. Read the Full Story |
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The Early Bird Stock Of The Day Templeton Global Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Templeton Global Income Fund was formed on March 17, 1988 and is domiciled in the United States. | | View Today's Stock Pick |
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