Good MorningTraders hoping for a deeper market correction were disappointed on Thursday when the major indices bounced back and bounced back strongly. The S&P 500 led the gains with an advance near 1.35% with the Dow in close second and the NASDAQ Composite not far behind. The move was supported by news House Democrats would move forward with Covid-19 relief with or without help from their Republican counterparts.
In a technical sense, Thursday’s action in the indices was very bullish. The market recovered from a significant loss and confirmed support at a key level. The 30-day exponential moving average is a tool used by short-term traders to gauge the near-term direction of the market and it is moving higher. The bounce on Thursday should be regarded as a trend-following signal although there are risks remaining in the market.
Featured: Wall Street’s quietly buying these 3 AI infrastructure plays (Ad) 
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Finance | |
Given the recent spikes in volatility and declining market breadth, now is a great time to start thinking about which stocks you might be compelled to buy if the market enters a corrective phase. That way, investors can be prepared to take advantage of any significant declines in the share prices ... Read the Full Story |
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From Our Partners | | BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one that gets burned with every transaction on what analysts are calling America's new financial grid.
The Nasdaq has received SEC approval to move stocks onto blockchain rails, and BlackRock CEO Larry Fink dedicated his entire 2026 annual letter to this infrastructure shift. Blockchain analyst Andy Howard is calling this asset 'Digital Oil' - and says institutional buyers are already positioned. | | Get the name, the ticker, and exactly how to buy it |
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Industrials | |
For some investors the mid cap dividend space is a great place to find a mix of income and capital appreciation. These investments can be an even more appealing way to go if the company has a history of increasing its dividend payments.
Here we take a look at a few of these so-called mid cap divi... Read the Full Story |
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Consumer Discretionary | | A Short-Squeeze Of Epic Proportions In GameStop
I am sure by now that most people with an interest in the stock market or even just the news have heard a little about GameStop (NYSE:GME). The stock is more than 1,600% in about two weeks and there is really no telling where it may go from here. No, ... Read the Full Story |
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From Our Partners | | The new Fed chair just told Congress we are at a hinge point in history, signaling tighter policy ahead. When cheap money dries up, the wrong stocks can fall hard and fast.
Weiss Ratings tracks 15,000 U.S. stocks and runs 1.2 billion calculations daily - flagging risk before headlines do. It rated Nvidia a Buy in 2011 (up nearly 30,000%) and downgraded Fobi AI to Sell in 2019 (down 80% today). | | Discover the top 10 stocks to buy and sell today |
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Markets | | With the eyes of both Wall Street and Main Street upon them, GameStop (NYSE: GME) has garnered far more attention in recent weeks than might be expected of a brick and mortar video game retailer. But when their daily volume exceeds that of Apple’s (NASDAQ: AAPL) on the same day that the latter... Read the Full Story |
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Technology | |
When you think of semiconductor stocks, some of the first names that come to mind probably include companies like Nvidia, Intel, and Qualcomm. While these popular names are a focus for many, sometimes taking time to explore the companies that aren’t as well-known can lead to stronger returns... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Markets | | Additive manufacturing 3D printing solutions company Desktop Metal (NYSE: DM) stock has recovered back through its reverse merger highs of $24.80 hit on Dec. 10, 2020. The Company reversed merged into special purpose acquisition company (SPAC) Trine Acquisitions to trade under the new symbol DM on D... Read the Full Story |
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Markets | | U.S. electric vehicle (EV) manufacturer Fisker Inc. (NYSE: FSR) stock went public through reverse merger with Spartan Energy Acquisition Corp. on Oct. 30, 2020. The fervor over special purpose acquisition companies (SPACs) and EVs reached a fever pitch on the rumor of luxury EV makers Lucid Motors p... Read the Full Story |
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Energy | |
Shares of NextEra Energy Partners (NYSE:NEP) are trading down over 10% after reaching a 52-week high post earnings. The question is why? On January 25, the company reported revenue that fell short of analysts’ expectations but posted a significant beat in earnings. And after the earnings rep... Read the Full Story |
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Retail/Wholesale | | Cautious Or Not, Investors Are Not Happy With Starbucks’ Guidance
Shares of Starbucks (NASDAQ:SBUX) fell hard in the wake of the calendar Q4/fiscal Q1 earnings report. The primary culprit is the guidance. The guidance came in weaker than consensus in market expecting more than the consensus b... Read the Full Story |
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Technology | |
Looking at the results this quarter for AT&T (NYSE:T) demonstrates, and shockingly well, why having a company's fingers in a wide range of pies is such a worthwhile stance to take. While not all of AT&T's business went well, some parts did well enough by comparison to take up quite a bit o... Read the Full Story |
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The Early Bird Stock Of The Day Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California. | | View Today's Stock Pick |
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