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: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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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 Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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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 | | Great Investments Are Where You Find Them
I will be honest. I first discovered McKesson Corporation (NYSE: MCK) by accident. Instead of typing in MKC for McCormick (NYSE: MKC), I keyed in MCK and up popped McKesson. Over the years I have come to appreciate that mistake very much for value and grea... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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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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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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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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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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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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Markets | |
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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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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