Good MorningGlobal equities markets breathed a sigh of relief on Monday after President Trump signed the latest COVID-19 relief bill into law. The signing ended months of uncertainty and helped spur the S&P 500, Dow Jones Industrial Average, and NASDAQ Composite to new all-time highs. The move also ushers in the so-called Santa Claus Rally and could lead to more new highs later in the week.
With COVID 19 relief on the way, the next big hurdle for the markets will be earnings. The fourth-quarter earnings reporting cycle begins in less than three weeks and could mark a turning point for the markets. Up until now, the outlook for earnings has been improving. If that situation changes for any reason global equities are more likely to fall than not. Until then, investors should stay focused on their investment goals and avoid knee-jerk reactions to market news.
Featured: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
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Technology | |
While the S&P 500 up about 14% year-to-date, there have been some standout performers. Including the newly added Tesla, nine of the index's components have at least doubled so far this year. Some may have peaked for the moment, but others appear to have plenty more room to run. Here we review ... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Markets | | Satellite TV, wireless, and broadband provider DISH Network Corporation (NASDAQ: DISH) stock has been punished in December trading down (-13%) year-to-date (YTD) versus the 14% YTD performance of the benchmark S&P 500 index (NYSEARCA: SPY). Shares were punished when the Company priced a $2 billi... Read the Full Story |
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Healthcare | | Clinical stage biotechnology company Moderna, Inc. (NASDAQ: MRNA) stock has been in the forefront during the pandemic in the battle against COVID-19. Shares are still up over 500% year-to-date (YTD) as vaccine approval and distribution is well underway. While shares have peaked at $178.50, the sell-... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Healthcare | |
When you start to think about all of the different applications for cloud software in the world, it’s easy to see why investors have been scooping up shares of companies in the sector. Cloud computing helps companies achieve better business efficiencies, more flexibility, cost savings, incre... Read the Full Story |
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Consumer Discretionary | |
Back in August, Beazer Homes (NYSE: BZH) staged a powerful breakout, with the move coming on high volume and the closing price right around the day’s highs.
After slowly, but steadily increasing for much of the fall, Beazer formed a four-week base between mid-November and mid-December. On T... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Markets | | Air carrier American Airlines Group, Inc. (NYSE: AAL) stock is undergoing a late-stage rally with COVID-19 vaccine distribution is underway. With shares still trading at nearly half its pre-COVID-19 highs, the stock is dramatically underperforming the benchmark S&P 500 index (NYSEARCA: SPY). Thi... Read the Full Story |
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Consumer Discretionary | | 2020 hasn’t been a normal year, and the 2020 holiday shopping season won’t be normal either. Normally, people would descend upon malls en masse, leading to packed stores and long lines. But this year, coronavirus fears and social distancing requirements will prevent malls from reaching f... Read the Full Story |
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Industrials | | Cintas As A Way To Invest In COVID-19 Vaccines
You can rest assured that any and all stocks related to the vaccine are going to pop. Whether or not the pop has legs remains to be seen. Not all vaccine plays will be true winners and not all will stand the test of time. Or will they? This may seem li... Read the Full Story |
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Markets | | Movie theater chain Cinemark Holdings, Inc. (NYSE: CNK) stock is down over (-70%) year-to-date (YTD) compared to the 15.5% performance for the benchmark S&P 500 index (NYSEARCA: SPY). The movie theater business has been ravaged by the pandemic and the recent announcements of same-day streaming ... Read the Full Story |
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Markets | | Shares of department store retailer Nordstrom (NYSE: JWN) have more than doubled since being highlighted in our October 2, 2020, MarketBeat Original article “Nordstrom (NYSE: JWN) Stock Becoming a Bargain Basement Buy”. It’s time to ring the register to trim profits as shares are n... Read the Full Story |
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The Early Bird Stock Of The Day Founded in 1920, Helmerich & Payne, Inc. (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. H&P's fleet includes 299 land rigs in the U.S., 31 international land rigs and eight offshore platform rigs. | | View Today's Stock Pick |
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