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.
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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 |
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From Our Partners | | President Trump’s
“Pure Genius” Crypto Plan
First came “Make America Great Again” (MAGA)…
Then came “Make America Healthy Again” (MAHA)…
Now comes President Trump’s boldest initiative yet. Jeff Brown calls it “Project MAFA.”
It’s a revolutionary crypto plan that could flood a tiny corner of the market with up to $3.7 trillion.
Already, it’s helping small plays jump as high as 300%, 318%, 520%, and even 600%. | | For a few days only, Jeff’s sharing everything — including how to get a huge discount on his researc |
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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 |
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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 |
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From Our Partners | | Bitcoin just smashed through $122,000 — exactly as crypto analyst Juan Villaverde predicted.
Now he says it’s headed for $150K… but believes one lesser-known coin could outperform Bitcoin entirely. He’s sharing the name and setup behind it — just as we enter what he calls the biggest crypto bull run in history. | | See the coin Juan says could beat Bitcoin in this bull market |
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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 |
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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 |
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From Our Partners | | What happens when you hand your best friend $1,000 and make him place his first real trade?
This Sunday, a veteran trader is walking his marketing manager through a setup that’s worked 87% of the time this year — and shows how a single trade could turn $1,000 into $1,500 by Monday morning. | | Join the live trading walkthrough this Sunday at 7PM |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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