Good MorningStocks gave up some of the Monday gains on Tuesday as an air of caution set back into the market. As if this week’s non-farm payrolls report isn’t enough to have traders on edge there are new developments concerning government stimulus and a Presidential debate to consider. The first of three debates between incumbent Donald Trump and hopeful Joe Biden promises to be memorable if nothing else.
The earnings continue to roll in although it is still a few weeks until the peak of the 3Q earnings season. Reports from Micron and IHS Markit along with new guidance from Big Lots reinforces the idea that 3Q earnings are going to be better than expected. With the analysts already upping their targets, this is good news for the market indeed. If this trend persists the S&P 500 will be setting a new all-time high before the end of the year.
Featured: Trump’s treachery (Ad) 
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Markets | | | When McCormick (NYSE:MKC) delivered earnings in June, the consumer carried the day. Despite surveys that say Americans don’t like to cook, it seems they did just that in the early months of our global pandemic. Read the Full Story |
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From Our PartnersJeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%...
Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry." | | | Click here to watch the demo… |
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Markets | | | FedEx (NYSE:FDX) and UPS (NYSE:UPS) are emerging as a pair of multi-story plays. Not only have the two been successfully increasing pricing their businesses have been accelerated by the pandemic and more. Read the Full Story |
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Markets | | | Restaurant operator Brinker International (NYSE: EAT) shares have nearly doubled since our MarketBeat Original article highlighting the delicious entry on pullbacks under the restart narrative on May 20, 2020 Read the Full Story |
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Markets | | | Thor Industries; Loving The Van Life
Thor Industries (NYSE:THO) just reported a strong quarter and improved guidance and I am not surprised. The #vanlife is a wildly popular and rapidly growing phenomenon that has only been accelerated by the pandemic (where have I heard that before?). Not only are... Read the Full Story |
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Under normal circumstances, pharmaceutical companies are thought to be safer than most industries during periods of economic uncertainty. This year is unique in that the pandemic has led to fewer people going to the doctor and getting prescriptions, which ultimately impacts the sales for big pharm... Read the Full Story |
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The Early Bird Stock Of The Day Guidewire Software, Inc. provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed. In addition, the company offers Guidewire Rating Management to manage the pricing of insurance products; and Guidewire Reinsurance Management to use rules-based logic to execute reinsurance strategy through underwriting and claims processes. Further, it provides Guidewire Underwriting Management, a cloud-based integrated business application; Guidewire AppReader, a submission intake management solution; Guidewire ClaimCenter Package for the London market supports the claims workflow used by London Market insurers and brokers; Guidewire Digital Engagement Applications, which enable insurers to provide digital experiences to customers, agents, vendors, and field personnel through their device of choice; and Guidewire for Salesforce to provide customer information regarding policies and claims. Additionally, the company offers Guidewire Predict, a P&C-specific machine-learning platform; Guidewire HazardHub that allows insurers to understand, assess, price, and manage property risk; Guidewire Canvas, Guidewire Compare, and Guidewire Explore cloud-native applications; and Guidewire Cyence, a cyber-risk economic modeling product. The company was incorporated in 2001 and is headquartered in San Mateo, California. | | View Today's Stock Pick |
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