Why Was Tapestry The Top Performer In The S&P 500 Yesterday?. Fox Corporation (NASDAQ: FOXA) Stock is a Recovery Buy Here. Chipotle (NYSE: CMG) is Well-Positioned for Post-Pandemic Prosperity.
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The Early Bird Newsletter

Friday, September 11th

S and P pricesDow pricesQQQ prices
Good Morning

The 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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Markets

Why Was Tapestry The Top Performer In The S&P 500 Yesterday?

Equity markets continued their slide lower yesterday, with the tech-heavy Nasdaq index now down more than 10% from last week’s all-time highs. This puts it officially in correction territory even if it’s only back at levels last seen only in the middle of August.For now at least, this do...

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The Top 5 Stocks for Remainder of 2020

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Markets

Fox Corporation (NASDAQ: FOXA) Stock is a Recovery Buy Here

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...

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Markets

Chipotle (NYSE: CMG) is Well-Positioned for Post-Pandemic Prosperity

The headline numbers in Q2 2020 didn’t look too good for Chipotle (NYSE: CMG) Sales dipped 4.8% yoy and comps decreased by 9.8% yoy. But Chipotle’s numbers compare favorably with its peers and there are several reasons to believe that Chipotle will see rapid growth post-pandemic. C...

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From Our Partners

Legend Who Bought Apple at $1.42 Says Buy TaaS Now

There's a huge new tech trend coming to your hometown - which could make you a small fortune over the next few years. And today we're revealing the name and stock ticker symbol of Whitney's favorite way to make money from this trend.

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Markets

Rocket Companies IPO Has Launched…Will the Stock Blast Off

They say timing is everything. Detroit-based mortgage solutions provider Rocket Companies (NYSE:RKT) seems to have taken this mantra to heart. Whether by design or chance, the company's August 6th initial public offering (IPO) appears to have come at a great time. Homebuyers have been stampeding ...

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Markets

Why Investors Should Love Match Group (NASDAQ:MTCH) Stock

Online dating has come a long way over the past decade and is helping more couples than ever find love in the digital age. What once was considered taboo and a passing fad has now become the most common way that people meet. Thanks to the number of mobile device users increasing regularly worldwid...

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From Our Partners

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The Early Bird Stock Of The Day

Pfizer Inc.

Pfizer Inc.

Pfizer Inc. is a research-based global biopharmaceutical company. It engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide. The firm work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY.

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The Early Bird is a daily email newsletter powered by MarketBeat that covers the top stories that will impact the stock market each day. Read your copy every morning at 7:00 AM Eastern so that you can "catch the worm" when the market opens.

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