Good MorningThe S&P 500 ended the week trading at fresh all-time-high levels on a combination of hope and earnings. On the one hand, the market is hoping for a juicy stimulus package to fuel economic activity in the first half of the year. At the same time, hope for quick delivery of vaccines is also driving the market higher. Regarding the earnings, so far a higher than average number of S&P 500 companies have beaten their consensus estimate but it is still early in the season.
Turning to the economy, there was a host of important economic data released this week and the indications are very positive. While turnover in the labor market is still high employment is on the rise and overall unemployment is on the decline. At the same time, data from the housing sector shows homebuilding activity is at a 15-year high and helping to drive an increase in manufacturing. Regarding manufacturing, the Philly Fed’s MBOS shows manufacturing activity surged in January with noted strength in employment, new orders, and deliveries.
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Energy | | Kinder Morgan, Inc Is Well Positioned For The Rebound
Kinder Morgan, Inc (NYSE:KMI) is very well-positioned for the coming rebound and a great example of why energy infrastructure is more valuable than energy, at least to an investor. While the company’s performance is tied in small part to t... Read the Full Story |
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From Our Partners | | Jim Rickards believes the Trump administration is about to take a direct stake in a $2 stock sitting on the largest mineral reserve in the country - enough gold for a new Fort Knox, enough copper to rebuild the U.S. electric grid 25 times over.
The Trump administration has previously staked positions in MP Materials, Lithium America, Trilogy Metals, and USA Rare Earth - each time shares moved higher. A landmark policy decision expected before November 3 could reprice this stock from $2 to $20 or more within a year. | | Click here to see why Rickards believes this stock is next |
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Finance | | The nation’s third largest self-storage real estate investment trust (REIT) CubeSmart (NYSE: CUBE) stock is a steady gainer that should continue to see tailwinds from the pandemic recovery. The 3.95% annual dividend yield provides a nice buffer as it outperforms the benchmark S&P 500 index... Read the Full Story |
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Markets | | Microturbine solutions provider Capstone Turbine Corporation (NASDAQ: CPST) stock has skyrocketed on the clean energy theme driving up smart and renewable energy stocks. The fuel cell companies saw accelerated buying on the back of the $1.2 billion investment in Plug Power (NASDAQ: PLUG) by SK Group... Read the Full Story |
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From Our Partners | | Zero-days-to-expiration trades happen every single day - and most traders either ignore them or use them wrong.
Dave Aquino's 0DTE Playbook breaks down a step-by-step strategy designed for shorter risk exposure, clear entry and exit windows, and faster feedback - no chart-watching required. | | Click here to see how the 0DTE Playbook works |
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Industrials | |
Being an early investor in an up-and-coming industry always comes with its fair share of risk, but you will never be able to find the “next big thing” without taking a few chances. For example, 3D printing stocks were dubbed a huge opportunity back in 2013, but early investors in the i... Read the Full Story |
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Markets | | Ethereuem HODL’rs Brace For Wild Ride
As impressive as Ethereum’s (ETH) meteoric rise has been over the last year, the correction it just underwent was more so. After rising more than 1,475% from the 2020 low of $90 Ethereum set a new all-time high of $1,1440 and then went into a tailsp... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - two investors who spotted Nvidia a decade ago - are now pointing to Elon Musk's latest AI patent as the catalyst behind their next major call.
They say a market pattern with a 100% historical track record is converging with this new breakthrough by end of month. The last time conditions aligned like this, investors had the chance to turn $10,000 into as much as $350,000 in roughly 12 months.
Brown and Chaikin have released the full details for investors who want to get ahead of it. | | See Jeff Brown and Marc Chaikin's full analysis and next steps here |
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Auto/Tires/Trucks | | An 8% jump on Thursday was enough to make shares of car maker Ford (NYSE: F) among the best performing on the S&P 500 index. It means they’re now up the guts of 40% on the year already and more than 200% since last March. From a longer term perspective, they’ve firmly broken out of t... Read the Full Story |
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Retail/Wholesale | | Petco (NASDAQ: WOOF) IPO’d last week. If you feel like you’ve heard that before, you’re right… And you’ve also been investing for much longer than the average Robinhood user. Petco first IPO’d in 1994, before being taken private in 2000. It went public again in 2... Read the Full Story |
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Basic Materials | |
A big part of long-term investing success is keeping an open mind and looking into which sectors are showing strength, even if they aren’t necessarily the ones that receive the most attention in the financial media. This is the case with the materials sector, which tends to fly under the rad... Read the Full Story |
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Consumer Discretionary | |
We will learn a lot about the health of corporations worldwide in the weeks ahead. As yet another earnings season kicks off, we'll soon know more about which companies are faring well and which not so well in the COVID-19 economy.
Some stocks warrant more investor attention than others on account... Read the Full Story |
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Auto/Tires/Trucks | | Chinese electric vehicle (EV) maker Xpeng (NYSE: XPEV) stock has pulled back from its all-time highs but still continues to outperform the benchmark S&P 500 index (NYSEARCA: SPY). In its limited time as a publicly listed Company (ADRs), it has grown to one of the three most prominent Chinese EV ... Read the Full Story |
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The Early Bird Stock Of The Day Hall of Fame Resort & Entertainment Co. is a resort and entertainment company, which leverages the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. The company was founded in 2015 and is headquartered in Canton, OH. | | View Today's Stock Pick |
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