Good MorningThe equities market went on a wild ride to end the week on Friday. The broad market S&P 500, led by the tech sector, shed more than 3.0% on an intraday basis only to bounce back by the close. The move is a sign the market is still susceptible to bearishness but that bulls are in control. In the technical sense, Friday’s price action created a very large Hammer Doji which is often considered a sign that selling is over.
The non-farm payrolls report may have played a part in Friday’s action. The report showed 1.4 million new jobs were created in August as the economic rebound continues to roll forward. Unemployment fell more than 1.0% and is now at the lowest level since the pandemic struck. Next week, the markets face a holiday-shortened week but no less important with important reads on consumer and producer-level inflation.
Featured: Possible gains of 540%... on this biotech stock. (WealthPress) 
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This year, the era of cloud technology dominance has officially begun. With cloud stocks leading the Nasdaq to record highs regularly, many investors are trying to figure out just how much potential these companies will have over the next decade. It’s easy to understand why businesses that a... Read the Full Story |
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Markets | | | The opportunity for investors is two-fold. On the one hand, share prices offer a value, often a deep-value, over comparable stocks. On the other, high short-interest will fuel a sharp short-covering rally in these beaten-up names once the bulls regain control. Read the Full Story |
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Markets | | | Intuitive Surgical (NASDAQ:ISRG) is a company producing cutting-edge medical technology that is changing the way that surgeries are performed. Here are some reasons why this stock could be a great buy Read the Full Story |
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From Our PartnersBill Gates says this new technology will single handedly change computing. And it's on the cusp of FDA approval that could send this $4 tech stock soaring -- with gains of 1,000% possible. | | Urgent details here. |
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Tech | | | Salesforce.com Is Only The Tip Of The Iceberg
Salesforce.com (NYSE:CRM) shocked the market when it reported earnings for the 2nd quarter. We knew the pandemic had accelerated the shift to digital and with it the cloud but the numbers are mind-boggling. Salesforce.com, a company whose business is he... Read the Full Story |
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Ambarella, A Diversified Play On Specialty Semiconductors
Ambarella (NASDAQ:AMBA) made a name for itself providing chips and technology for GoPro’s (NASDAQ:GPRO) popular line of digital, connected, cameras. Unfortunately for both companies, the GoPro narrative did not play out quite as we t... Read the Full Story |
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The Early Bird Stock Of The Day Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Penn-America and Non-Core Operations. The company distributes property and general liability products for small commercial businesses through a network of wholesale general agents; and property and general liability niche products through program administrators with specific binding authority. It also provides third-party treaty reinsurance for casualty insurance and reinsurance companies through brokers/intermediaries. In addition, the company offers property and general liability products distributed using company administered systems, and includes collectibles, digital direct-to-consumer insurance coverage for owners of collections; and VacantExpress, insurance coverage for owners of properties under construction, renovation, vacant, or rented, distributed through wholesale general agents and retail agents. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania. | | View Today's Stock Pick |
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