Good MorningThe equities market rebound from Tuesday’s sell-off on Wednesday and continue to hover near the freshly set all-time high. Although positive, traders and investors should not read too much into the move because of light trading volume and holiday market conditions. The S&P 500 gained less than 0.25% on an intraday basis and held within a very tight 13-point range all session. The real test for the market will come next week and the first trading day of the New Year.
Looking to next week and the first trading day of the New Year there are several things that could move the market. The number one is COVID-19. The spread of COVID-19 accelerated over the holiday and is sparking a growing round of shutdowns. While less severe than those put in place earlier in the year the new shutdowns will have an impact on the economic recovery and corporate earnings.
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Politics | | | On the eve of the U.K.’s seismic economic split from the European Union, British lawmakers were being asked to turn a 1,200-page trade agreement with the bloc into law in a single day on Wednesday.
Just after the EU’s top officials formally signed the hard-won agreement in Brussels, P... Read the Full Story |
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Stocks | | |
As the holidays wind down, consumers often hit the stores and Internet to hunt for good bargains. Similarly, despite the stock market's climb to record highs, there are still some compelling buys out there.
Let's take a look at a few of the more intriguing sub-$20 stocks that have the growth driv... Read the Full Story |
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Politics | | | Shares have edged higher in world markets as investors wrap up trading for 2020, anticipating a dose of fresh support for the U.S. economy and efforts to speed up coronavirus vaccinations to help curb the pandemic Read the Full Story |
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From Our PartnersSweeping new legalization could make investors wealthy. FREE Pot Stock Profit Calendar reveals key dates for investors. And it's yours FREE today. | | Click here to download it instantly... |
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Markets | | | Special purpose acquisition company (SPAC) Star Peak Energy Transition Corp (NYSE: STPK) will reverse merge with Stem. Inc., an AI-driven smart energy storage optimization platform, in Q1 2021. The stock has some powerful themes embedded into the narrative including SPAC, artificial intelligence (AI... Read the Full Story |
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Politics | | | An Associated Press investigation has found an army of children toiling beneath a canopy of towering palm oil trees in Indonesia and Malaysia, the main suppliers of the world’s most consumed vegetable oil Read the Full Story |
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From Our PartnersCan you imagine an extra $185 everyday? That is what Jim Fink has been able to accomplish with options trading and he’s laying out the groundwork for how he does it! Get the full details here! | | | | Continue Reading |
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Politics | | | BATON ROUGE, La. — Luke Letlow, who was to have been Louisiana’s newest Republican member of the U.S. House, has died from complications related to COVID-19 only days before being sworn into office. He was 41.
Letlow spokesman Andrew Bautsch confirmed the congressman-elect’s death Tue... Read the Full Story |
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Politics | | | Cambodian Prime Minister Hun Sen said Tuesday that the country’s long-awaited first commercial extraction of oil has finally begun.
Speaking nationwide on state television, Hun Sen said the first drop of oil was extracted on Monday by KrisEnergy, a Singapore-based oil and gas company,... Read the Full Story |
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Markets | | | Levi Strauss (NYSE:LEVI) did not have a great year despite the strong rebound that is already underway. The company saw its revenues decline more than 60% in the 2nd quarter of the year and they have yet to regain the pre-COVID levels Read the Full Story |
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Markets | | |
As investors start to look ahead at the companies that could be in for a big 2021, it’s easy to get caught up in trying to find the next big thing. While there’s certainly something to be said about investing in up-and-coming businesses that could turn into massive winners, it’s ... Read the Full Story |
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Markets | | | Lockheed Martin Is A Compelling Investment
Lockheed Martin (NYSE:LMT) is one of those companies quietly going about business while the market is focused on higher-profile and more pandemically-centric names. While Lockheed Martin’s defense and aerospace-centric business is neither fueled nor ... Read the Full Story |
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The Early Bird Stock Of The Day Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. | | View Today's Stock Pick |
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