Good MorningThe market continues to drift upward while traders wait and see what the next phase of the economy is going to look like. The S&P 500 moved up to set another all-time intraday high but the move was weak, the index traded within a very tight range, and gave up all the gains by the end of the day. While the near-term outlook remains bullish traders and investors should remain wary of growing weakness within the market.
With COVID cases rising, an uncertain future for vaccinations, and the final verdict on the election upcoming there is much to be worried about. Rising cases of COVID are leading to shutdowns that could threaten the economic recovery if not for the strength of the labor market. The labor market rebound is slowing from the summer peaks but still very strong on a historical basis and pointing to long-term economic expansion.
Featured: Trump Views Biotech Breakthrough as a "National Security" Issue (BehindtheMarkets) 
|
Markets | | | Online travel and hotel booking platform trivago N.V. (NASDAQ: TRVG) stock has been a forgotten play further swept under the rug during the pandemic. As the race for COVID-19 vaccine FDA and European approvals near the finish line, travel and leisure related stocks are again seeing revitalized momen... Read the Full Story |
|
|
Tech | | | Shares were mostly higher in Asia on Thursday, helped by progress toward rolling out coronavirus vaccines and talk of reaching a compromise on new help for the U.S. economy.
Shares rose in Hong Kong, Tokyo, Seoul and Sydney but fell in Shanghai.
The benchmark Nikkei 2... Read the Full Story |
|
Tech | | | Shares were mostly higher in Asia on Thursday, helped by progress toward rolling out coronavirus vaccines and talk of reaching a compromise on new help for the U.S. economy.
Shares rose in Hong Kong, Tokyo, Seoul and Sydney but fell in Shanghai.
The rollout of a vacci... Read the Full Story |
|
|
Politics | | | MOSCOW -- Coronavirus infections in Russia hit a new record on Thursday, as the country’s authorities reported 28,145 new confirmed cases -- the highest daily spike in the pandemic and an increase of 2,800 cases from those registered the previous day.
Russia’s total number of COVID-1... Read the Full Story |
|
Politics | | | Hundreds of thousands of masked students in South Korea, including 35 COVID-19 patients, are taking the country's highly competitive university entrance exam despite a viral resurgence that has forced authorities to toughen social distancing rules Read the Full Story |
|
|
Politics | | | Hundreds of thousands of masked students in South Korea, including 35 COVID-19 patients, are taking the country's highly competitive university entrance exam despite a viral resurgence that has forced authorities to toughen social distancing rules Read the Full Story |
|
Stocks | | |
With technology advancing at a blistering pace, investors should be on the lookout for companies that are at the forefront of the digital revolution. It’s easy to see why, as some of the biggest companies in the world by market capitalization are technology companies. Most investors understa... Read the Full Story |
|
Stocks | | | The Cannabis Market Is Reversing
With the Alternative Harvest ETF (NYSEARCA:MJ) up more than 50% from its lows it is beginning to look like a major reversal is underway in the cannabis market. Not only are overcapacity and oversupply issues coming into alignment, but the Canadian cannabis pro... Read the Full Story |
|
Markets | | | For clothing subscription service Stitch Fix (NASDAQ:SFIX), a recent hit to the analyst consensus prompted a slip in pre-market trading that it's started to recover from with the trading day's advance. Read the Full Story |
|
Markets | | | Business Accelerates At ZScaler
ZScaler (NASDAQ:ZS) is still a small microcap company but it is one with a large-cap future. The company provides cloud-based and cloud-centric security solutions for business and industry and seen an impressive surge in demand. Like so many others riding the tidal w... Read the Full Story |
|
The Early Bird Stock Of The Day GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. GE demerged into GE Vernova, GE Aerospace, and GE Healthcare. | | View Today's Stock Pick |
|
