Good MorningThe market went on a wild ride on Monday bringing hopes for a Santa Claus rally into question. The S&P 500 fell nearly 2.0% after the open but bounced back before the close. The new wave of fear was sparked after UK officials announce the spread of a new strain of COVID. The new strain can spread much faster than the original version and is causing travel restrictions across the UK and Europe.
In other news, Congress is expected to pass a new round of stimulus before the Christmas Holiday. The new stimulus will include $600 checks for individuals but for the market, it may be too little too late. With the indices already slipping from their highs and COVID fears rising a pullback in stock prices may be inevitable. The caution for investors is this; holiday-week trading is often fickle. It’s best not to read too much into any moves the market makes until after the New Year.
Featured: 5 Best Stocks Under $5 to Buy Now (Ad) 
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Markets | | | Factset Is Underloved And Outperforming
Factset Research Systems (NYSE:FDS) emerged as a buyable stock for me early in the pandemic because its revenue proved pandemic resistant, the stock was woefully underloved by the analysts, and it paid a very safe and growing dividend. Since then the stock ha... Read the Full Story |
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From Our PartnersWashington is running out of money…And guess where they'll look next?
When governments go broke, they take from the people.
It's happened before, and it's happening again.
The Department of Justice just admitted that cash isn't legally YOUR property. | | | Get your free guide now by clicking here >> |
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Politics | | | As the coronavirus spread throughout the U.S., bigotry toward Asian Americans was not far behind, fueled by the news that COVID-19 first appeared in China.
Some initial evidence suggested the virus began in bats, which infected another animal that may have spread it to people at one ... Read the Full Story |
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Markets | | | A 4% jump in Friday’s session was enough to make shares of Vulcan Materials (NYSE: VMC) among the best-performing stocks in the S&P 500 index. It means the stock is only a little more than that away from matching the all-time highs it set back in October. For a building materials company t... Read the Full Story |
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Markets | | | There’s probably never been a better time to be a cybersecurity company, and Fortinet (NASDAQ: FTNT) can well attest to it after the year they’ve had. Their shares are up 110% in the past nine months and 15% in the past week alone. With this kind of momentum behind them as we head into t... Read the Full Story |
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Markets | | | Lockheed Martin is buying rocket engine manufacturer Aerojet Rocketdyne Holdings for $4.4 billion in a deal that brings together companies that already had been working together in the aeronautics industry Read the Full Story |
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From Our PartnersWhat If Washington Declared That:
YOUR Money ISN'T Actually Yours?
Sounds insane, but that's exactly what the Department of Justice just admitted in court—claiming cash isn't legally your property.
What does that mean? It means Washington thinks they can seize, freeze, or drain your accounts—whenever they want. | | | Get your free guide now by clicking here >> |
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Politics | | | Top negotiators appear on the brink Sunday of agreeing to long-delayed legislation to deliver a new round of aid to pandemic-slammed businesses, $300 bonus jobless benefits and a $600 direct payment to most Americans, an aid package that is smaller than Democrats and President-elect Joe Biden would ... Read the Full Story |
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Politics | | | The European Centre for Disease Prevention and Control says “timely efforts” to prevent and control the spread of cases of COVID-19 involving the new coronavirus variant observed in Britain are needed, but infections have already been reported in at least three other countries in Europe Read the Full Story |
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Politics | | | Top Capitol Hill negotiators sealed a deal on a $900 billion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them.
The package, expected to draw votes in Congress on Mond... Read the Full Story |
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Markets | | |
Last week FedEx (NYSE:FDX) reported an outstanding quarter. Record revenue and earnings beat expectations and management had bullish commentary around the current quarter. The result? FedEx stock sold off more than 5%.
The main culprit was that the company refrained from providing guidance. But g... Read the Full Story |
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Markets | | | Spotify (NYSE: SPOT) is sometimes compared to Netflix (NASDAQ: NFLX). Though the companies deal in different mediums – Spotify in audio streaming and Netflix in video streaming – the market dynamics are similar.
Netflix’s market cap and revenue are both much higher than Spotify&rs... Read the Full Story |
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The Early Bird Stock Of The Day Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. The Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. The Industrial segment offers blow-molded solutions, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, plastic tanks for catalytic reduction systems, and battery housing systems for use in electric vehicles primarily to automobile original equipment manufacturers (OEMs); and golf cars, off-road utility vehicles, powersports products, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The Textron eAviation segment manufactures and sells light aircraft and gliders with electric and combustion engines; and provides other research and development initiatives related to sustainable aviation solutions. The Finance segment offers financing services to purchase new and pre-owned aviation aircraft and Bell helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island. | | View Today's Stock Pick |
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