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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Dividend investing typically has the reputation of being a slow and steady way to grow your account and generate stable income. Some of the most well-known dividend stocks offer predictable revenue streams and lower volatility, which can be very attractive depending on your investment goals. That&... Read the Full Story |
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Markets | | Business Accelerates At Jabil
Technology is one of the two biggest stories of the pandemic. 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. The ... Read the Full Story |
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Industrials | | 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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Industrials | | 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 furnit... Read the Full Story |
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Technology | | As investors start to review their portfolio’s performance from the year ending and get ready for a new round in a couple of weeks, work-from-home stocks are sure to be top of mind for many. The onset of the COVID pandemic in February and March accelerated many of those companies to levels of ... Read the Full Story |
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Markets | |
Consider the impact that social media has had on the world over the last decade. What began as small networks that helped people communicate on the internet has transformed into some of the most widely used digital platforms in the world. According to Statista, roughly three-quarters of the U.S. p... Read the Full Story |
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Industrials | | The Toro Company Grows Along With Suburban America
One of the stickiest trends sparked by the pandemic the flight-to-the-suburbs. American’s are fleeing their tight, hard-to-distance in cities in favor of homeownership. Now, not only are American’s with homes spending more time at home,... Read the Full Story |
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Technology | | Mobile and wireless software developer Smith Micro Systems, Inc. (NASDAQ: SMSI) shares have been recovering. Shares are grinding back towards pre-pandemic levels towards a potential triple top which would blunt its performance against the benchmark S&P 500 index (NYSEARCA: SPY). The rollout of 5... Read the Full Story |
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Markets | | Home Sales Drive Results At Lennar Corporation
If anyone is surprised by the strength shown in Lennar Corporation’s (NYSE:LEN) FQ4/calendar Q3 report they are not paying attention to the housing market. Tight supply reigns supreme in a market that is experiencing rising, record-high demand. S... Read the Full Story |
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Markets | | A 4.4% jump in yesterday’s session was enough to make shares of social game developer Zynga (NASDAQ: ZNGA) among the best performing of US equities. Though still a 10% move away from their multi-year highs hit back in August, shares are looking good value to be above them soon enough.
Yesterd... Read the Full Story |
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The Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
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