 The Pandemic, It Changed Things
If there is one thing we can be certain of about the COVID-19 pandemic is that it changed things. Some for the worse, don’t get me wrong but, in terms of the market, some for the better. A few of the trends that have emerged include stay-at-home, work-from-home.... |
Good MorningThe equity markets hovered in negative territory most of the day on Friday but moved up to set a new high by the end of the session. The move is a sign traders don't want to be short over the weekend because a stimulus spending bill is expected to be announced very soon. Democrats in the House helped move the deal along by backing down on the total cost.
In other news, a much-stronger-than-expected non-farm payrolls report helped to support the market. The report shows more than 1.75 million new jobs were added to the economy over the past month despite rising numbers of coronavirus cases. Although there is still risk, the U.S. economic recovery appears to be on track and gaining momentum. Next week, traders will be on the lookout for a raft of earnings reports and key reads on consumer inflation and retail spending.
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| Markets | | The Pandemic, It Changed Things
If there is one thing we can be certain of about the COVID-19 pandemic is that it changed things. Some for the worse, don’t get me wrong but, in terms of the market, some for the better. A few of the trends that have emerged include stay-at-home, work-from-home... Read the Full Story |
| From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Restaurants, in general, have not had a great second quarter, and as the numbers come back, we're seeing just how deep the damage went. Restaurant Brands (NYSE:QSR), the parent brand of several major franchise names, recently reported its earnings; though it turned in some positive numbers, and be... Read the Full Story |
| Consumer Discretionary | | Jack In The Box Serves Up A Tasty Report
I am not going to lie. Earnings at Jack In The Box (NASDAQ:JACK) are likely going to fall in fiscal 2020. Other than that, there is not one thing in the fiscal Q3/calendar Q2 report not to like. The company beat on all metrics and says its strength is still ... Read the Full Story |
| From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
| Markets | | With the S&P 500 index hitting post coronavirus highs and coming within 3% of pre crash levels, Wall Street was a sea of green on Tuesday. But one company shone above all others and that was The Mosaic Company (NYSE: MOS), the world's leading producer of phosphate and potash fertilizers for the ... Read the Full Story |
| Markets | | Upwork Is The Gateway To Work-At-Home
Upwork Inc (NASDAQ:UPWK) is a company close to my heart. It was only what, 10 years ago I began my journey as a financial blogger and my first big breaks came through Upwork. Over the last decade, I have used the site almost daily, weekly for sure, earning a de... Read the Full Story |
| From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
| Markets | |
Like many upstart restaurant chains, the COVID-19 pandemic has put a wrench in Shake Shack's (NYSE:SHAK) growth trajectory. Once a stock market darling for its rapid expansion and sales growth, the share price has been cut in half since climbing to a September 2019 peak above $105.
Investors have... Read the Full Story |
| Markets | | Automotive tire and service company Goodyear Tire and Rubber Company (NYSE: GT) shares have recently peaked with a sell-the-news reaction to is Q2 2020 earnings reports. Shares briefly recovered to its February pre-pandemic levels before pulling back with the benchmark S&P 500 index (NYSEARCA: S... Read the Full Story |
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Although some investors view emerging markets as risky and volatile, that doesn’t mean you should avoid them entirely. Stocks from developing countries can offer huge profit potential and a nice way to diversify your portfolio if you invest in strong businesses. Since many U.S. equity valuat... Read the Full Story |
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I know that most companies could say they need a good break or two, but in the case of Amarin (NASDAQ:AMRN) it has a particular meaning. The company just reported second-quarter 2020 earnings and it was a mixed bag. The company had an easy beat in earnings per share, but it missed on revenue.
But... Read the Full Story |
| Markets | | A Surprise That Is No Surprise
Anyone not expecting Take-Two Interactive Software (NASDAQ:TTWO) to produce surprisingly strong results for the calendar 2nd quarter hasn’t been paying attention. The pandemic sparked a shift to digital that includes entertainment; In general, the analyst’... Read the Full Story |
| The Early Bird Stock Of The Day Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas. | | View Today's Stock Pick |
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