Good MorningEquity markets got off to a good start on Monday despite the lapsing of enhanced unemployment benefits. The move, a gain of less than 1.0% for the S&P 500, was driven by hope a new stimulus deal could be reached and soon. The sticking point is the benefit enhancement itself, Democrats want to extend the $600 payment while Republicans think a smaller amount is in order.
Monday’s move in the stock market is positive for another reason. The S&P 500 moved up to set a new post-correction high as it extends its historic market melt-up. Later in the week, traders will be looking for additional fuel for the melt-up in the labor data. The non-farm payrolls report is due out on Friday and could easily spark the rally that takes the S&P 500 back to its previous all-time high. The risk is that job losses have accelerated, news that could send the market back into a tailspin.
Featured: 5 Tech Stocks to Buy Immediately (IPM) 
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Markets | | Household and personal products maker Procter & Gamble (NYSE: PG) is often abbreviated P&G, but it may as well be called "B&H" for Buy and Hold. Fresh off one of its best annual performances, the stock continues to deliver outstanding shareholder value. And there's plenty more where that... Read the Full Story |
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From Our PartnersBiotech has proven to be one of the hottest sectors in the stock market for quite a few years. We show you why the best is yet to come. | Continue Reading |
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Markets | | The #1 Pandemic Stock Is …
It’s hard to say, truly, which stock is the very best pandemic play because there have been so many great ones. Companies like Tractor Supply Company (NASDAQ: TSCO), Logitech (NASDAQ: LOGI), and Clorox (NYSE: CLX) have all proven their worth in today’s ... Read the Full Story |
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Markets | | Shares of McKesson have been ranging over the past couple of years but were on the verge of breaking out just before COVID hit. Since then, shares corrected along with the broad market and then staged a robust rebound 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 | | That Was Then, This Is Now
There’s been growing speculation that tech, and specifically software, are in a bubble. The biggest comparison is the mad run-up to all-time highs set in the 1999/2000 time period but I have to say, that was then and this is now. Then, the market was speculating on ... Read the Full Story |
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Markets | | America’s Car-Mart (NASDAQ: CRMT), a US automotive retailer that sells used cars and finances the purchases, has roared back to within striking distance of February levels after losing more than three-quarters of its value between mid-February and mid-March.
The company, which operates 148 de... Read the Full Story |
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From Our PartnersBill Gates sees HUGE potential. And the FDA has just "fast-tracked" this new technology Approval could happen any day now, and send shares screaming higher. I'm talking about huge 1,000% gains in as little as a day for this tiny $4 stock. | Go here for the urgent details. |
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The Early Bird Stock Of The Day Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA. | View Today's Stock Pick |
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