Good MorningStocks fell to end the week on Friday with most major indices in negative territory at the end of the day. The move comes just a day after President-elect Biden revealed his plan to heal the economy and the onset of bank earnings. The banks are reporting better than expected results as a group but results are mixed. JP Morgan Chase beat on the top and bottom lines after releasing nearly $2 billion in capital reserves. Citigroup, on the other hand, only beat on the bottom line.
Looking to next week, the market could be in for a bit of a wild ride. The Q4 earnings season kicks into high gear with reports from dozens of America’s smaller banks as well as some higher-profile names. Reports from JB Hunt, Netflix, and Intel will be closely examined for any signs of weakness in the overall recovery and could lead to volatile trading conditions.
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Markets | |
It’s no secret that electric vehicle companies have been performing extremely well in the market lately. We’ve reached a point where anything EV-related is catching a bid, which can make it difficult for long-term investors that are interested in finding companies in the sector that ha... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Industrials | |
At one time, choosing between Delta Air Lines (NYSE:DAL) and Southwest Airlines (NYSE:LUV) was like fishing in a barrel. These have been two of the strongest, well-run airlines for investors. And heading into 2020, it looked like clear skies were ahead for the airline sector.
We all know what hap... Read the Full Story |
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Industrials | |
The recent confirmation of the Blue Wave U.S. government thrust cannabis stocks back into the spotlight. Now with an increased chance that both medical-use and recreational cannabis could be legalized nationwide, traders are scurrying again to scoop up cannabis-related stocks.
Nowadays there are ... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Markets | | The Top Three Defi Applications For Investors
Defi or decentralized finance is the next generation for the cryptocurrency market and investors. Also known as smart contracts, defi is a means of locking value into a blockchain and then leveraging it for profits. Defi applications run the gamut of fi... Read the Full Story |
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Consumer Staples | | Agriculture producer Village Farms International, Inc. (NASDAQ: VFF) stock fits almost perfectly into the popular environmental, social and governance (ESG) investment theme. The Company has expanded from simply growing greenhouse vegetables to operating a 7 megawatt clean energy power plant while s... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Technology | | Progress Software Gives Mixed Guidance, Shares Fall
Progress Software (NASDAQ:PRGS) is well-positioned for 2021 as the purveyor of business applications and related solutions. The company experienced a small hiccup during the middle of 2020 but that is no surprise. The downturn in economic activity... Read the Full Story |
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Finance | | Another Blowout Quarter For JP Morgan
The entire banking sector began moving higher late in 2020 following the Fed’s stress tests. While some banks were found deficient others, like JP Morgan Chase (NYSE:JPM), were not. The Fed allowed the best-capitalized banks to resume their buybacks and e... Read the Full Story |
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Energy | | Exxon’s 7% Yield Is A Good Way To Play The Energy Rebound
Energy and the energy complex began to emerge as a rebound story in late 2020. After years of sluggishness the price of oil was creeping higher, the EIA forecast for 2021 prices was bullish, as is the forecast for demand. Add to this ... Read the Full Story |
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Technology | |
Cloud storage platform Dropbox (NASDAQ: DBX) stock has been elevated on takeover speculation that started in December 2020. The Company has grown it’s registered user base to over 600 million worldwide spanning over 180 countries. The pandemic has accelerated the need for backing up data, fu... Read the Full Story |
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Industrials | |
Much has been made about the implications of the so-called Blue Wave government on global politics and economic activity. After the Democrats wrangled control of the Senate by the slimmest of margins, many investors are wondering how to reposition their portfolios to capitalize on the potential fo... Read the Full Story |
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The Early Bird Stock Of The Day Floor & Decor Holdings, Inc. engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls. The company was founded by George Vincent West in 2000 and is headquartered in Atlanta, GA. | | View Today's Stock Pick |
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