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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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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From Our Partners | | In February 2016, Nvidia was trading at $2.51 split-adjusted - and a specific data pattern had already flagged it before Wall Street caught on.
That same pattern is now pointing at a single company. One analyst is revealing the ticker in a free presentation, available for a limited time. | | Access the free presentation and get the ticker before it closes |
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Retail/Wholesale | |
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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Aerospace | |
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 no... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - two investors who spotted Nvidia a decade ago - are now pointing to Elon Musk's latest AI patent as the catalyst behind their next major call.
They say a market pattern with a 100% historical track record is converging with this new breakthrough by end of month. The last time conditions aligned like this, investors had the chance to turn $10,000 into as much as $350,000 in roughly 12 months.
Brown and Chaikin have released the full details for investors who want to get ahead of it. | | See Jeff Brown and Marc Chaikin's full analysis and next steps here |
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Technology | |
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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Retail/Wholesale | | Levi Strauss Is A Post-Pandemic Winner
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. And yet the analysts con... Read the Full Story |
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From Our Partners | | In June 2024, a 50-year arrangement tying Saudi oil to the U.S. dollar quietly expired. Garrett Goggin, CFA, CMT - whose gold portfolio has climbed more than 1,200% over the past two years, including a 1,023% gain in G2 Goldfields - believes this is the biggest opportunity of his 31-year career.
Central banks are buying gold bullion at a pace not seen since 1950. The last time the monetary system shifted this dramatically, in 1971, gold surged from $35 to $850. Goggin has identified four specific positions for the next leg of this rally, plus two bonus opportunities for readers. | | Read the free briefing and see all four positions now |
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Markets | | Tailwinds Will Drive Growth For Retail In 2021
Retail (NYSEARCA:XRT) has been one of the hottest and most unexpected trends of the pandemic. The shut-downs forced us to stay home, in response we spent our travel and leisure money on stay-at-home consumer goods, and there has been nothing but positi... Read the Full Story |
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Markets | | LIDAR technology company Velodyne Lidar, Inc. (NASDAQ: VLDR) stock has been a rollercoaster after its SPAC reverse merger on Sept. 29, 2020. The premier maker of light detection and ranging (LIDAR) sensor systems has seen a momentum surge in the segment as sentiment for autonomous vehicles improved.... Read the Full Story |
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Markets | | Information technology infrastructure company SolarWinds Corporation (NYSE: SWI) stock has been punished heavily from security and breaches on its Orion platform linked to Russian hacker groups. Shares have collapsed more than (-30%) since the first report on Dec. 13, 2020. Shares are down (-15%) mi... Read the Full Story |
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Aerospace | | A Long Road For Boeing
Boeing (NYSE:BA) is going on watch today as it’s best-selling plane returns to the skies. The first commercial flight in the U.S. resumed today with flights from American Airlines. The first flight is between New York and Miami with the return flight projected to be ful... Read the Full Story |
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Consumer Discretionary | | Having watched their shares fall 90% in the six years prior to 2020, and then watching them slip under the $3 mark in April, investors in GameStop (NYSE: GME) must have surely been expecting to see their stock trade at $0.20 before it traded at $20 again.
But the stock market works in mysterious wa... Read the Full Story |
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The Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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