Good MorningEquities markets tread water for a fourth day this week on Thursday but that is about to change. Market action was simmering in anticipation of earnings from market-leading stocks like Apple, Amazon, Facebook, and Google. Based on the results and the after-hours action the market liked what it saw so investors should brace for another updraft in the market.
The hurdle left to overcome is the all-time high set by the S&P 500 just before the COVID-19 pandemic struck. Based on the earnings it looks like a retest of that level is all but certain but a move to new highs may not be so easy. With the latest round of economic stimulus stalled out in the Senate, a move in the S&P 500 to touch the all-time could be the trigger to start selling once again. For those thinking of Thursday’s record-setting low GDP figures, the outlook for economic growth only gets better from here.
Featured: Elon’s big $266,000 per second purchase (Ad) 
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Markets | | Sometimes with stocks, you’re better off not asking too many questions and just trusting your gut. From January 2017 to January 2018, shares of Paypal (NASDAQ: PYPL) ran up 120%. Since March of this year, they’re up about the same. For a $200 billion company, they sure know how to move a... 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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Markets | | With a seven-year trading range of $200 to $400 and every price in between, shares of Massachusetts based Biogen (NASDAQ: BIIB) know exactly what it’s like to be a biotech company where your future depends on your next drug.
Shares are currently bobbing along in the middle of that range after... Read the Full Story |
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Markets | | A Fundamental Piece Of Technology Infrastructure
Juniper Networks (NYSE: JNPR) has been a favorite of mine over the last year for several reasons. Regarding its business, it is a maker of all-things networking-related and therefore fundamental to technology infrastructure. Technology, digital techn... 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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With the spot price of gold reaching new all-time highs of over $1,900 per ounce, it’s safe to say that the gold and precious metals market is heating up. Traditionally, gold is considered as a safe-haven asset or a hedge against the U.S. dollar, low-interest rates, and inflation. This could... Read the Full Story |
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Markets | | Fasteners Are In High Demand
Simpson Manufacturing Company (NYSE: SSD), like its competitor Fastenal (NASDAQ: FAST), is emerging as a sleeper-win in the post-pandemic age. The pandemic has people staying home, staying home has people fixing up their homes, fixing up homes means trips to Home Depot ... 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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McDonald’s (NYSE: MCD) appears to be a solid buy as the iconic fast-food chain prepares to report revenue on July 28. The company’s earnings are expected to reflect how deeply the Covid-19 pandemic affected every part of our economy.
According to FactSet, McDonald’s is expected ... Read the Full Story |
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Consumer Discretionary | |
Boyd Gaming (NYSE: BYD) will report earnings on July 28. The numbers are likely to be dreadful as the company will report on business activity from April 1 through June 30. During this time, the Covid-19 pandemic forced the closing of all of Boyd’s 29 properties.
How bad do analysts expect ... Read the Full Story |
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Markets | | An IPO Many Missed
Albertsons Companies (NYSE: ACI) is not a new name for investors, far from it. The company, as an investment opportunity, has been around for quite some time but its shares made their public debut just a month or so ago. Previously held by a consortium of private investors, the ... Read the Full Story |
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Markets | | High-Yield Not Likely To Lag Much Longer
When the COVID-19 pandemic began one of the very first things I started to do was highlight the asset classes, sectors, industries, and companies investors should turn to in times of trouble. Among them were and are the high-yielding stocks including REITs, ... Read the Full Story |
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Markets | |
The COVID-19 pandemic has had a profound impact on most U.S. industries. Retailers have been hit especially hard as housebound and cautious consumers have kept store traffic to a minimum.
Yet while many retail businesses have struggled, others have thrived. Some have largely benefitted from near-... Read the Full Story |
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The Early Bird Stock Of The Day AvalonBay Communities, Inc. is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Same Store, Other Stabilized, and Development or Redevelopment. The Same Store segment refers to the operating communities that were owned and had stabilized occupancy. The Other Stabilized segment includes all other complete communities that have stabilized occupancy. The Development or Redevelopment segment consists of communities that are under construction. The company was founded by Gilbert M. Meyer in 1978 and is headquartered in Arlington, VA. | | View Today's Stock Pick |
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