Good MorningThe S&P 500 moved up to another closing all-time high in a day of lackluster trading. The market drifted higher after opening with a small loss to close near the high of the day. The move was led by the industrials after news Democratic leaders in the House and Senate backed a new bipartisan relief bill. The bill, worth $900 billion, is a watered-down version of what the market was hoping for and perhaps too little too late.
The economic data on Wednesday raised new questions about the health of the economic recovery. The ADP employment report came in at a much-weaker than expected 307,000 casting a pall on the labor market recovery. In other news, the Fed’s Beige Book shows economic expansion slowed across all reporting segments as the number of COVID cases was rising.
Featured:
The Perfect Time to Buy an IPO (The Oxford Club) 
|
Stocks | | |
Looking ahead to the upcoming earnings reports, its hard not to be drawn to the retail industry. The docket includes some of the most intriguing stories of winners in what's become a very unusual shopping environment in 2020.
Far from flashy, these defensive stocks are all major beneficiari... Read the Full Story |
|
From Our PartnersExpert predicts an announcement scheduled for December 16th, 2020, could have many Americans unloading their investments and running to the bank. With just one move, the most popular asset in America could suddenly be on its way to being illegal. | | Click here to see how you can protect your family and wealth. |
|
Stocks | | |
Although investing in biotech stocks can be a risky endeavor thanks to the fact that these companies face tons of regulatory hurdles, oftentimes the rewards will outweigh the potential downside. A single news headline can send the price of these stocks skyrocketing or plummeting, which is why it&r... Read the Full Story |
|
Politics | | | ROME — Italy’s health minister told lawmakers on Wednesday that Italy will distribute 202.6 million doses of COVID-19 vaccines during 2021 in “an unprecedented effort that will require a huge collective commitment.’’
Robert Speranza said the vaccines will not be mandatory, but that t... Read the Full Story |
|
From Our PartnersVirginia stock-picking millionaire says, Forget diversification! Buy one single $3 stock - that trades under a secret name - and it could help make your retirement. | | His instructions are here.
|
|
Politics | | | BERLIN — Germany on Wednesday reported a record 487 new coronavirus deaths — the country's highest daily toll since the outbreak of the pandemic.
The country’s disease control center also said 17,270 people had contracted the virus in the last 24 hours.
The country’s h... Read the Full Story |
|
Markets | | | Global shares and Wall Street futures slipped Wednesday as buying enthusiasm waned after the S&P 500 and Nasdaq composite index both set fresh record highs.
Benchmarks fell in Paris, London, Hong Kong and Shanghai but climbed in Tokyo and Seoul. Investors are betting that coronav... Read the Full Story |
|
From Our PartnersLooking to make consistent income as a trader? Here's a simple system we've used over the last 4 years to win 93.7% of our trades. The Ultimate Income System works so well because we're not chasing home runs -- just small repeatable wins. These wins compound quickly though and can potentially become a full-time source of income, just as it has for so many others. | | CLICK HERE for instant access. |
|
Markets | | | Shoppers on Walmart.com who pay a $98-a-year membership fee will get free shipping on orders of any size starting Friday.
Walmart announced the membership perk on Wednesday, doing away with a previous requirement that orders amount to at least $35 to qualify for free shipping.
... Read the Full Story |
|
Healthcare | | | British regulators are insisting that “no corners have been cut” during the assessment of the the COVID-19 vaccine developed by American drugmaker Pfizer and Germany’s BioNTech, which was cleared for emergency use onWednesday Read the Full Story |
|
Markets | | | The pandemic and economic shut-down, as bad as they were (are), did nothing but spur revenue and growth for some companies. Those in the right time and right place were able to ride the wave of liquidity Read the Full Story |
|
Markets | | | Patterson Companies (NASDAQ:PDCO) is another of those odd businesses that make you wonder how they got started. Like Hillenbrand and Matthews International Corporation, it is an unusual mix of businesses Read the Full Story |
|
Markets | | |
When it comes to wireless connectivity, arguably the biggest name in the game right now is Verizon (NYSE:VZ). It's got a massive network, and it's been working frantically to build that network out even farther. Right now, it's working on advancing the latest 5G connection technology, and it's get... Read the Full Story |
|
The Early Bird Stock Of The Day Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, solar, and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 megawatts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Renewable Corporation operates as a subsidiary of Brookfield BRP Holdings (Canada) Inc. | | View Today's Stock Pick |
|
