Good MorningThe stock market got a jolt on Tuesday after a mixed-message from Congress first lifted then depressed the sentiment. Early in the session equities were lifted by hopes of a second round of economic stimulus while later those hopes were dashed. Speaker of the House Nancy Pelosi said a deal could come by the end of next week and then the Senate Majority Leader Mitch McConnel nixed the idea.
Equities markets were able to hold on to some of the day’s gains if not all of them and close at a new post-correction high despite the late-day action. Investors and traders anticipating the market melt-up will continue should be reassured the market appears more interested in earnings than economic stimulus. The trend among earnings reports is good; the results and guidance are generally better than expected.
Featured: Crypto Genius: Forget bitcoin – this will be so much bigger (Ad) 
|
Markets | | | International Business Machines (NYSE: IBM) will be the first “cloud” stock to report. After the bell on July 20, investors will get their first look at how demand for cloud computing is holding up during the pandemic. Read the Full Story |
|
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. |
|
Markets | | |
It’s becoming a familiar phrase in 2020. But honestly, most analysts knew that, for most companies, second-quarter earnings would be brutal. And on a year-over-year basis that was true for Coca-Cola (NYSE: KO).
Earnings for the beverage company were down 33% on a year-over-year (YoY) basis.... Read the Full Story |
|
Stocks | | |
When you think about the current state of the economy, it’s hard to imagine a lot of people heading out to buy houses during a pandemic-induced recession. With record unemployment and more and more borrowers having to delay their monthly mortgage payments, you might think that buying a new h... Read the Full Story |
|
From Our Partners | Most traders guess. This system doesn’t.
Using his Momentum Indicator, one trader turned $15K into $150K in six months — stacking 20–30% daily gains. Now he’s sharing 3 stocks flashing BUY right now, plus a free report showing how to trade them. | | Claim your 3 stock picks + free momentum trading report |
|
Markets | | | A Hard Stock To Own
Cal-Maine (NASDAQ: CALM) is not such an easy stock to own, over the long-term, for two primary reasons. The first is that, as the nation’s largest consolidated egg-producer, it’s business is heavily dependent on demand, egg prices, production volumes, and season... Read the Full Story |
|
Markets | | | Aggressive Cost-Cutting May Not Be Enough
Haliburton (NYSE: HAL) reported earnings on Monday after the bell and did not give much in the way of good news. For the second quarter that is. The company reported quarter-to-quarter and year-over-year declines in revenue and earnings, saw weakness in all... Read the Full Story |
|
From Our Partners | | Cold War Discovery Could Unlock $100 Trillion in Wealth
Jeff recently traveled to an American ghost town to investigate this crazy Cold War story…
Because it could hold the key to the entire $100 trillion AI boom.
It involves an American ghost town with just 30 people…
And a new twist to the AI boom that could make a lot of people rich. | | Click here to see the details on what could be the biggest tech story of this decade. |
|
The Early Bird Stock Of The Day Mid-America Apartment Communities, Inc. is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year. The Non-Same Store segment includes recent acquisitions, communities in development or lease-up. The company was founded in 1994 and is headquartered in Germantown, TN. | | View Today's Stock Pick |
|
