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.
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Markets | | eCommerce Is The Key To Growth
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 unleashed by the stimulus and surf it to profits. For some, the ... Read the Full Story |
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From Our Partners | | Marc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge.
Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks.
Stream his free presentation to get every buy and sell recommendation with no membership or credit card required. | | Watch Marc Chaikin's free presentation and get his full buy-and-sell list today |
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Consumer Staples | |
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 beneficiaries of... Read the Full Story |
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Healthcare | |
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 |
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From Our Partners | | TradeSmith CEO Keith Kaplan warns that AI's rapid rise has a dark side, threatening American jobs and livelihoods. He says now is the time to prepare before August 31st.
TradeSmith has invested $17 million in AI tools and built a platform used by 180,000 traders worldwide. One user, Stephen, credits it with building a $2.95 million retirement portfolio. | | See where Kaplan says to move your money before August 31st |
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Markets | | Patterson Companies Breaks Out After Earnings
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 but one that seems to be working. In the case of... Read the Full Story |
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Communication Services | |
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 |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Consumer Discretionary | | Wayfair (NYSE: W), an e-commerce company that sells furniture and home-goods, has been one of the most prominent pandemic winners, surging from lows of $21.70 in March all the way up to highs of almost $350 in August. Wayfair shares overheated, however, and spent September through early November bas... Read the Full Story |
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Technology | | The Analysts Are In Control Now
With the 3rd quarter reporting season in the bag, there isn’t much to drive the market other than data, outlook, and the analysts. The data is positive and points to an ongoing economic rebound, that’s good, but expansion slowed over the last month along ... Read the Full Story |
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Consumer Discretionary | |
Just a couple of weeks ago, we judged now to be the best time yet to pick up Nio (NYSE:NIO) shares, and with good reason. The company was poised to be a “long-term secular growth story,” our research found, and with fresh gains coming in from pre-market trading today, there's more reas... Read the Full Story |
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Technology | | The Market Punishes Zoom Video Communication, Inc
Zoom Video Communication (NASDAQ:ZM) is one of the biggest winners of the pandemic. The company experienced an exponential increase in customers, revenue, and traffic that, quite frankly, has yet to slow down. The company just reported its 3Q earnin... Read the Full Story |
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Finance | | A 40% run in less than a month’s worth of trading is enough to make any investor sit up and take notice. All the more so when it comes from a stock that’s put down a rough year and is coming out of oversold levels. That’s the reality for investors of San Francisco bank Wells Fargo ... Read the Full Story |
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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 |
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