Good MorningTuesday market action saw most indices follow through on Monday’s gains. Both the S&P 500 and NASDAQ Composite were able to move up and set new all-time highs while the Dow Jones Industrias lagged behind to snap a four-day winning streak.
The reason the Dow lagged in Tuesday trading is simple. Tuesday is the day Apple’s four-for-one stock split began to take effect. The process takes days and could weigh on the Dow Jones Industrial Average until it’s completed or longer. Because the Dow is a price-weighted stock the impact of Apple’s shares will be far less than before.
In other news, investors were unfazed by weaker than expected consumer confidence data and chose instead to focus on the housing market. The sales of new homes surged much more than expected to 901,000 annualized units and adding fuel to the market’s melt-up.
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At a quick glance, there’s not a lot to like about Children’s Place (NYSE:PLCE) stock. The company had to shutter its brick-and-mortar operations in response to the Covid-19 pandemic. And the stock is down nearly 200% for the year. Recent analyst ratings have not helped the business ca... Read the Full Story |
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From Our PartnersThere's plenty of growth in store for biotech. For one, the sector is still one of the safest, most recession-proof investments around. Two, an aging population will demand new, aggressive treatments to treat a myriad of issues. And three, with COVID-19 treatments desperately needed, biotech has taken center stage. | | Click Here to Download the FREE Report |
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Markets | | | The healthcare industry sees trillions of dollars spent annually by people around the globe and continues to grow at a rapid pace. With so many people in need of companies that provide healthcare services, investing in stocks that play a key role in the healthcare system could certainly pay off in a... Read the Full Story |
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Markets | | | Some of the biggest moves in the market happen on earnings releases. But growth isn’t always enough to send shares higher. Even beating consensus estimates is sometimes not enough to boost the stock price.
The key is expectations – particularly, the “whisper numbers.” The wh... Read the Full Story |
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From Our PartnersIt trades for just $2 per share...
Its 'gatekeeper' technology holds hostage the entire $12 Trillion 5G revolution...
It just secured a CRITICAL 5G patent...
And by October 1st, my research says a major smartphone player could buy out this tiny company and hand us a FAST FORTUNE! | | Click here for the full story>> |
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Markets | | | Spotify (NYSE: SPOT) was one of the hottest stocks in the market between mid-May and the end of June, with shares nearly doubling in six weeks.
The Swedish streaming company proved it was serious about becoming a podcast powerhouse during that period, signing exclusive deals with Joe Rogan, Warner ... Read the Full Story |
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Markets | | | Athletic and consumer footwear maker Skechers USA (NYSE: SKX) shares have sunk below its pre-COVID levels underperforming the benchmark S&P 500 index (NYSEARCA: SPY) for the year. Shares gapped up to $34.01 in reaction to Q2 2020 earnings release before melting back down to current levels in the... Read the Full Story |
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The Early Bird Stock Of The Day Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments. The Consumer Packaging International segment offers closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components. The Consumer Packaging North America segment provides containers and pails, foodservice products, closures, bottles and prescription vials, and tubes. The Engineered Materials segment offers stretch and shrink, converter, food and consumer, and agriculture films, as well as institutional can liners and retail bags. The Health, Hygiene & Specialties segment provides healthcare, hygiene, specialties, and tapes. Berry Global Group, Inc. sells its products through direct sales force of professionals and distributors. The company was formerly known as Berry Plastics Group, Inc. and changed its name to Berry Global Group, Inc. in April 2017. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. | | View Today's Stock Pick |
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