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:
Why 70% of Option Traders FAIL (Investing Daily) 
|
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 PartnersOne bold former hedge fund manager just went on camera to expose how Wall Street is failing American investors right now. He's boiled down what's happening in the markets to just two words. And he's urging people to take notice. You're not going to see the details of what he's predicting anywhere in the news, especially not from the big banks on Wall Street. | Click here to watch. |
|
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 PartnersThe key to being consistently profitable as a trader is to focus on high-probability trades. And in this powerful eBook by Dave Acquino, titled The Ultimate Income Trading System, you'll see exactly how Dave and so many of his students do just that. They make 4%, 5% or 6% on each trade and they're in the trade for just 11 hours. | CLICK HERE for instant access. |
|
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 PartnersThe biggest economic limbo since the 1929 Great Depression.
Have we hit rock bottom? The former fund manager, Lance Ippolito, who's reportedly already made gains upwards of 1,300% says it doesn't matter.
You could have massive overnight gains throughout this entire crisis with the all new system "Blitz Tracker"... Up to 13x gains... | Click here for massive overnight gains! |
|
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 |
|