Good MorningThe equities market came back from a losing week in good form. The major indices gained 0.50% to 1.5% with tech in the leading on rising stimulus bets. The incoming Biden administration is pushing for another round of individual checks that would be the largest payment to-date. There is still a long way for lawmakers to go but with both the House and Senate in Democratic control, some further amount of stimulus is more than likely.
The VIX Is often an indicator of future price movement and it may be giving an important signal now. The VIX is edging higher even while the S&P 500 moves higher suggesting investors fear a sell-off. In a technical sense, the chart of the VIX is very bullish which is bad for the market. The index is forming a strong level of support at the new, elevated levels with indicators that are throwing off bullish signals. In short, the VIX may indicate a market waiting for an excuse to sell.
Featured: Could this be crypto's biggest Trump win? (Ad) 
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A glance at the S&P 500 stocks that are out of the gates fast this year reveals some unfamiliar names. Six of the top 10 are members of an energy sector that suffered a historic plunge in 2020.
While plenty of uncertainty remains around a sustainable rebound in demand, investors seem to be po... Read the Full Story |
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Politics | | World markets were mostly higher Tuesday as the coming changing of the guard in the U.S. raised hopes for more support for the economy and more aggressive measures to fight the pandemic.
Benchmarks were higher in Paris, London, Tokyo and Hong Kong but slipped in Shanghai. World market... Read the Full Story |
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If investors needed a reminder that the healthcare industry will always play a critical role in financial markets, 2020 provided just that. As the global pandemic derailed the world’s economy and caused the biggest health crisis of our lifetimes, these companies helped to restore confidence ... Read the Full Story |
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From Our PartnersBehind closed doors, away from the mainstream media's eyes, the smartest minds in crypto are all seeing the same signals. They're positioning themselves for something unprecedented.
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Markets | |
Netflix (NASDAQ:NFLX) has been a stock that investors love to hate. Even when the company was posting beat after beat in its 2020 earnings reports, the stock almost like clockwork would fall. However as Netflix gets ready to post earnings for the fourth quarter, there seems to be a change in senti... Read the Full Story |
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Politics | | WELLINGTON, New Zealand — Travelers to New Zealand from most other nations will need to show negative coronavirus test results before boarding as of next Monday.
New Zealand recently imposed the test requirement for travelers from the U.S. and Britain, and authorities said Tuesday th... Read the Full Story |
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Politics | | WASHINGOTN — President-elect Joe Biden’s incoming White House press secretary says his administration does not intend to lift coronavirus travel restrictions for Europe, the U.K., Ireland and Brazil.
The message from Jen Psaki came Monday evening after the White House said President D... Read the Full Story |
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Politics | | WASHINGTON — President Donald Trump is lifting pandemic travel restrictions for Europe and Brazil, but he is leaving them in place on China and Iran.
Trump imposed the restrictions early in the pandemic to slow the spread of the coronavirus to the U.S. They prevented most people witho... Read the Full Story |
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Markets | | stay-at-home, play-at-home not only put a heavy demand on the tech industry but proved to us all that tech works. That demand is driving strong results across the tech space and no company is better positioned for growth than Logitech International (NASDAQ:LOGI). Read the Full Story |
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Politics | | The Chinese government says profit at state-owned companies that dominate its banking, oil and most other industries rose by as much as 25% last year as the country recovered from the coronavirus pandemic Read the Full Story |
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Markets | | Canada Goose (NYSE:GOOS) is an interesting play on the consumer for many reasons. Not only is it a luxury apparel manufacturer but it is also a seasonal play that is coming up on a hurdle, the Q3 earnings report. Read the Full Story |
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The Early Bird Stock Of The Day Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts. | View Today's Stock Pick |
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