Good MorningThe S&P 500 ended another week with another gain. The broad market index rose 0.85% by the end of the day to close at the high of the session and at a new all-time high. The Dow Jones Industrial Average, the transportation average, and the tech-heavy NASDAQ Composite all made similar moves and could continue higher in the coming weeks. While the risks continue to mount the outlook for earnings continues to grow
The November read on jobs creation was much weaker than expected. The 245,000 reported is a solid gain for the economy but down substantially from the previous month and only half the consensus estimate. The silver lining is that overall unemployment continues to fall and wages are on the rise. The dark cloud hovering over the economy and the stock market, however, continues to be COVID-19. With cases on the rise and shutdown widening another deep economic recession could be on the horizon.
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Consumer Discretionary | |
Amidst a record IPO market, investors continue to add shares of new companies that have the potential to become huge winners in the coming years. While trading stocks that have recently gone public can be a volatile endeavor, that hasn’t stopped the money pouring into new companies with uniq... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Industrials | |
In the stock trading world, momentum is defined in many ways. The most common description involves the recent price performance in a stock over certain time period such as one week, month, or even year. Other definitions relate to analysts' earnings estimate revisions for a company.
However you w... Read the Full Story |
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Industrials | |
Consumer robotics manufacturer iRobot Corporation (NASDAQ: IRBT) stock has performed exceptionally well during the pandemic as the market has deemed it as a benefactor. Shares are outperforming the benchmark S&P 500 index (NYSEARCA: SPY) but may be winding up for another move towards triple-di... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Retail/Wholesale | | Five Below Is An On-Trend Value For Consumers
Shares of Five Below (NASDAQ:FIVE) are trading at 75X this year’s earnings and nearly 40X next years. That's not really a bargain but you have to consider the fact this company is growing and by double digits. The value that drives Five Below is i... Read the Full Story |
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Markets | | Big Lots Is Still One Of My Favorite Stocks
Big Lots (NYSE:BIG) has been one of my favorites stocks for the last 18 months to two years. The company began a system-wide change in the year before the pandemic struck that set it up nicely for the post-pandemic consumer world. My take on the company i... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Retail/Wholesale | | Zumiez Is A Mall Retailer By Another Name
Zumiez (NASDAQ:ZUMZ) is a mall-based brick&mortar retailer that is defying the pandemic. Where others of its kind are quickly falling by the wayside it has managed to weather the storm and emerge in better shape. The company’s success can be attri... Read the Full Story |
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Technology | | Piper Sandler’s upgrade earlier this week to shares of Asana (NYSE: ASAN) made it three months in a row that the task management cloud platform has received laudits from Wall Street. Considering their shares only went public on the last day of September, that’s not a bad start. For early... Read the Full Story |
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Markets | |
Facebook’s (NASDAQ: FB) market cap is more than 20x Twitter’s (NYSE: TWTR).
It has nearly 10x the daily active users.
In Q3, Facebook’s average revenue per user (ARPU) was $7.89, while Twitter’s was estimated at $4.30.
Many are ready to give up on Twitter. Or they did ye... Read the Full Story |
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Medical | | 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 producer... Read the Full Story |
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Technology | | 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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The Early Bird Stock Of The Day PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific. The company provides Windchill, a suite that manages all aspects of the product development lifecycle(PLM) that provides real-time information sharing, dynamic data visualization, collaborate across geographically distributed teams, and enabling manufacturers to elevate product development, manufacturing, and field service processes; ThingWorx, a platform for Industrial Internet of Things; ServiceMax, a field service management solutions enable companies to asset uptime with optimized in-person and remote service and technician productivity with mobile tools. and deliver metrics; and Arena, a SaaS PLM solution enables product teams to collaborate virtually to share product and quality information with internal teams and supply chain partners and deliver products to customers. It offers Codebeamer, an application lifecycle management for products and software development; Servigistics, a service parts management solution; and FlexPLM, a solution provides retailers with a single platform for merchandising and line planning, materials management, sampling, and others. In addition, it offers Kepware, a portfolio of industrial connectivity solutions helps companies connect diverse automation devices and software applications; Creo, a 3D CAD technology enables the digital design, testing, and modification of product models; and Onshape, a cloud product development platform that delivers computer-aided design with data management tools. Further, it offers Vuforia, an augmented reality (AR) technology enables the visualization of digital information in a physical context and the creation of AR enabling companies to drive results in manufacturing, service, engineering, and operations; and Arbortext, a dynamic publishing solution streamlines how organizations create, manage, and publish technical documentation. PTC Inc. was incorporated in 1985 and is headquartered in Boston, Massachusetts. | | View Today's Stock Pick |
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