Good MorningThe S&P 500 marched upward to set another new all-time high in the wake of a Democratic sweep of Senate seats in Georgia. The index did not hold the gains, however, as mounting violence in Washington D.C. raised the specter of political instability. The National Guard was called in to tamp down violence associated with pro-Trump rallies and worse could soon follow. The S&P 500 closed up for the day but with half the gains it posted earlier in the session.
Despite the turmoil in Washington, traders have their eyes on the upcoming earnings season. The first reports for the calendar 4th quarter cycle are already in and point to another round of better than expected results. The risk for the market is that earnings strength may already be priced into the indices. If the average S&P 500 fails to beat by a wide enough margin a market correction could easily follow.
Featured: The safest stocks in America (Investing Daily) 
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Markets | | | Walgreens Boots Alliance (NYSE:WBA) is expected to report solid earnings on Thursday, January 7. The consensus of analysts has the company delivering earnings of $1.02 per share on sales of $34.89 billion. Read the Full Story |
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From Our PartnersPlant-based foods have become a solid growth industry. As the vegan revolution continues to boom, stocks within the space could be poised for big moves! | | | | Continue Reading |
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Politics | | | World shares were mixed and U.S. futures declined Wednesday as investors awaited full results of a Senate runoff election that will determine whether Democrats take control of both houses of the U.S. Congress.
Benchmarks edged higher in Europe. Shares traded lower for most of the day... Read the Full Story |
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Politics | | | North Korean leader Kim Jong Un admitted that his economic development plans have failed as he opened the nation’s first full ruling party congress in five years, state media reported Wednesday.
In an opening speech at the congress that began Tuesday, Kim said that “almost all sectors... Read the Full Story |
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From Our PartnersFormer Wall Street whiz kid says there's one small company at the epicenter of the $3 TRILLION electric car boom... and very few people are paying attention to it right now. | | REVEALED HERE |
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Markets | | | Cryptocurrency mining company Marathon Patent Group (NASDAQ: MARA) stock has exploded in the past few months thanks to the surge in Bitcoin (BTC) values. While there are a number of thinly traded blockchain ETFs, Bitcoin has yet to have an SEC approved tracking ETF. Mining rig component makers like ... Read the Full Story |
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Politics | | | The Trump administration on Tuesday finalized changes that weaken the government's enforcement powers under a century-old law protecting most American wild bird species, brushing aside warnings that billions of birds could die as a result.
Federal wildlife officials have acknowledged ... Read the Full Story |
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From Our PartnersIf you're worried about why stocks are surging while millions of Americans are out of work and commercial bankruptcies are skyrocketing, I strongly urge you to listen to this message. | | Click here to get the full story. |
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Markets | | |
If 2020 was Tesla's (NASDAQ:TSLA) big year, it's beginning to look like 2021's arrival won't short-circuit the company's ambitions that much farther. New reports suggest an analyst has a new Street-high price target on the company, backed up by a range of solid reasons. What's more, the rest of th... Read the Full Story |
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Markets | | | Constellation Brands (NYSE:STZ) will report earnings before the market opens on January 7. The consensus of analysts is for the company to post earnings of $2.41 per share on revenue of $2.22 billion. Read the Full Story |
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Markets | | | Neil Young has become the latest musician to strike gold with his song catalogue, selling a 50 percent stake in his music to a British investment company in a deal announced on Wednesday.
The Hipgnosis Songs Fund said it had acquired half of the copyright and income interests in some ... Read the Full Story |
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Politics | | | For much of 2020, Thailand had the coronavirus under control. After a strict nationwide lockdown in April and May, the number of new local infections dropped to zero, where they remained for the next six months.
Thailand closed its borders, enforcing mandatory quarantines for its own ... Read the Full Story |
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Markets | | |
The Rally In The Greenbrier Is Over
The Greenbrier Companies (NYSE:GBX) gained about 40% since the July reporting season. What began as a short-squeeze turned into a moderately strong rally driven by the companies stability, the dividend, and the outlook for an economic rebound. Now, two quarters... Read the Full Story |
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The Early Bird Stock Of The Day Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage, as well as renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation. | | View Today's Stock Pick |
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