Good MorningMonday-morning Investors shrugged off the previous week's volatility in favor of bargain-hunting. The risk of a second wave of COVID-19 was not enough to deter investors looking for yield and value. In terms of market action, Monday's rally confirms support at the 3,000 level and may signal another updraft is on the way. News from the FOMC helped support index prices on Monday. The Fed says it will start buying the bonds of individual corporations in order to support credit markets and free-up capital. Pundits have already criticized the move as too much and unnecessary but the equities market cheered anyway.
We caution investors not to chase prices in this rapidly changing market environment. The equities market is still in melt-up mode which means another big correction is looming around the next corner. Featured: INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off (Ad) 
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Johnson & Johnson (NYSE:JNJ) stock has been volatile for the last several years, and 2020 has been no exception. But as more clarity develops surrounding the novel coronavirus, the blue-chip company is beginning to show exactly why it’s a solid investment.
Johnson & Johnson is posit... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
Back in 2018, when Jeff Brown told everyone to buy Tesla…
The "experts" said Elon was finished and Tesla was headed for bankruptcy.
Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough. | | Click here to see why Tesla's about to prove everyone wrong... again. |
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Shares of FuelCell Energy (NASDAQ:FCEL) stock are moving higher yet again. At the opening of trading on June 12, FCEL stock is up over 25%. The catalyst is an earnings report in which the alternative fuel provider beat on both the top and bottom lines. The stock is now making a run at its 52-week ... Read the Full Story |
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It’s been easy to overlook eBay (NASDAQ: EBAY) over the past several years as Amazon (NASDAQ: AMZN)has taken over the e-commerce space. It has, at times, been a rocky road for Amazon’s less-glamorous competitor.
But on June 4th, eBay raised its Q2 guidance and added to the all-time hi... Read the Full Story |
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Markets | | | This Melt-Up Has Legs
The stock market, despite a widespread and possibly worsening global recession, has been chugging steadily higher for weeks. If you are still wondering why it is because the market is melting up.
In its classic sense, a stock market melt-up is when the market is faced with a ... Read the Full Story |
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Stocks | | | The Unseen Consequences Of COVID-19
The COVID-19 pandemic struck fast and furiously, it shut down our economy, forced us to live apart from others, and retreat into the isolated world of “home”. During this time a number of trends have emerged, trend that are already producing profits f... Read the Full Story |
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The Early Bird Stock Of The Day Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. The company provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site. It also offers interventional products, which consists of various coronary catheters, structural heart support devices, and peripheral intervention and mechanical circulatory support platform that are used by interventional cardiologists and radiologists, and vascular surgeons; and Arrow branded pumps and catheters, Guideline, Turnpike, and Trapliner catheters, the Manta Vascular Closure, and Arrow Oncontrol devices. The company provides anesthesia products, such as airway and pain management products to support hospital, emergency medicine, and military channels; and surgical products, including metal and polymer ligation clips, and fascial closure surgical systems that are used in laparoscopic surgical procedures, percutaneous surgical systems, and other surgical instruments. It also offers interventional urology products comprising the UroLift System, an invasive technology for treating lower urinary tract symptoms due to benign prostatic hyperplasia; respiratory products, including oxygen and aerosol therapies, spirometry, and ventilation management products for use in various care settings; urology products, such as catheters, urine collectors, and catheterization accessories and products for operative endourology; and bladder management services. The company serves hospitals and healthcare providers, medical device manufacturers, and home care markets. Teleflex Incorporated was incorporated in 1943 and is headquartered in Wayne, Pennsylvania. | | View Today's Stock Pick |
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