Good MorningThe equities market finished out the second down week of two with a volatile day on Friday. The major indices began the session in positive territory only to give up the gains and retake them later in the session. The trading action is indicative of indecision within the market and may lead to more selling in the coming week. Next week is going to be another hurdle for the equities market. The economic calendar is filled with potentially market-moving events including a meeting of the FOMC.
The FOMC is not expected to alter rates but may surprise the market with comments or outlook. The business inventory data may be a more important figure to watch. With S&P 500 companies reporting double-digit inventory declines across industries the data could show a larger than anticipated contraction. Contracting inventories is good for the economy and will drive activity over the coming quarters.
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Communication Services | | Media network Fox Corporation (NASDAQ: FOXA) shares have been trying to recover since its pandemic meltdown in an attempt to recover back to its pre-COVID levels. While still vastly underperforming the benchmark S&P 500 index (NYSEARCA: SPY), shares are staging a recovery as live sports programm... Read the Full Story |
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From Our Partners | | AI does not run on headlines. It runs on data centers, and data centers need power, cooling, advanced manufacturing, networking, and digital infrastructure.
A free StockEarnings briefing breaks down 9 public companies tied to the data-center buildout, including their competitive moats, growth catalysts, and key risks to watch.
As AI infrastructure becomes a real-world buildout, the companies supplying these bottlenecks may become harder for investors to ignore. | | Get the free 9-stock data center breakdown now |
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Consumer Staples | |
Another Blow-Out Report From Kroger
Kroger (NYSE:KR) has been at the forefront of the pandemic rebound and is no danger of losing its position. The stock is up more than 30% from the pandemic bottom, revenue is still accelerating, and the stock is still a bargain. Trading at only 12X this year&rs... Read the Full Story |
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Healthcare | |
The race for a Covid-19 vaccine is dominating the news cycle. Dozens of companies from around the globe are participating in one of the more fascinating scientific quests of all time. A typical vaccine process for a novel condition like Covid-19 typically takes years. So is it really possible that... Read the Full Story |
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From Our Partners | | One fund holds Nvidia, CrowdStrike, Palantir and other major AI names, and pays a 34% annualized distribution rate.
Instead of guessing which AI stock wins, this fund delivers income every single Thursday, up to $1,051 a month.
Chief Income Strategist Tim Plaehn breaks down what's inside the fund and how the weekly payouts work. | | Watch the free video to see how the weekly payouts work |
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Consumer Discretionary | | Tailwinds Drive Zumiez To Surprise Profits
Zumiez Inc. (NASDAQ:ZUMZ) produced a surprising 2nd quarter in more ways than one. The company is heavily reliant on brick&mortar not to mention malls so was not expected to rebound very strongly but it did. The market failed to account for a couple of... Read the Full Story |
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Technology | | Zscaler Is A Cloud-Winner That Keeps On Winning
The number one most enduring trend sparked by the COVID-19 pandemic is an accelerated shift to digitization. There is evidence of it everywhere you look. Earnings from retailers are driven by eCommerce, businesses are navigating shut-downs and eCommer... Read the Full Story |
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From Our Partners | | On December 8th, $600 billion in frozen SpaceX stock comes loose. Dylan Jovine says one simple purchase in any regular brokerage account gives investors exposure to SpaceX and 66 of its neighbors, without an IPO allocation.
He is also naming two space stocks he would consider dumping before December, plus a $14 stock that Elon has personally put his name on. | | Get the free space ticker before the December 8th unlock |
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Technology | |
Let’s face it. We live in a different world than we did just a year ago. Life is more complicated. And yet, in some ways it’s not complicated at all. The absence of some routine choices has simplified our lives in some ways. Just not necessarily in ways that we like.
One thing is cert... Read the Full Story |
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Markets | | It’s Time To Get Ready For The 3rd Quarter Reporting Season
There is a situation developing in the market that you need to know about. The analysts have begun to issue their updates and the news is good. I can’t say I haven’t been warning you, this was bound to happen, the consens... Read the Full Story |
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Consumer Discretionary | |
3 Strong Stocks to Consider Buying on the Dip
With millions of people stuck at home for a large portion of this year, we’ve seen some truly awe-inspiring moves in stocks that are involved in the e-commerce industry. These stocks have all been flying due to a permanent shift in the way t... Read the Full Story |
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Consumer Discretionary | | Upgrades Will Drive The Next Wave Of Buying
The market has entered a correction there is no doubt about it. The tech-heavy NASDAQ Composite is down nearly 10% over the past few trading days with the broad market and blue chips not far behind. Truth be told, it’s about time we had a correction... Read the Full Story |
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Consumer Discretionary | | Amazon (NASDAQ: AMZN) just did something it hadn’t done in five months: Touched its 50-day moving average.
On Friday, shares dipped a little below the 50-day, but quickly recovered and closed near the day’s highs.
Amazon has been one of the biggest pandemic winners. After shares droppe... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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