Good MorningThe equities markets rallied to new all-time highs in the wake of unprecedented political turmoil. The NASDAQ Composite led the charge with a gain of 2.5% to break above the psychologically important 13,000 level for the first time ever. Shares of Apple, Microsoft and Google helped drive the move with gains in the range of 2.0% to 3.5%. The S&P 500 came in a distant second with a gain of 1.5% while the Dow Jones Industrials lagged with a gain of 0.60%.
The sentiment on Wall Street was boosted by data from the ISM. The Institute of Supply Management’s services sector index rose unexpectedly as economic activity continues to expand. Walgreens Boots Alliance was the strongest performer in the DOW after posting better than expected results that confirm the success of turnaround efforts.
Featured: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Consumer Staples | | Tailwinds Are In Place For Cal-Maine Foods
I’ve said it before, and I will probably repeat it again at some point in the future. Cal-Maine Foods (NASDAQ:CALM) is on track to reinstate the dividend. The company hasn’t paid a dividend since May 2019 because of its strict distribution poli... Read the Full Story |
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From Our Partners | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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Consumer Staples | | Fitness beverage maker Celsius Holdings, Inc. (NASDAQ: CELH) stock has been on a tear with one-year performance spiking north of 900%. Shares were trading in the low $20s when highlighted on MarketBeat in October 2020. Shares have more than doubled since then with the recent announcement of inclusio... Read the Full Story |
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Consumer Discretionary | |
As the next round of stimulus checks starts to roll out, many Americans are excited to pay off their debts and boost their savings. However, many of the recipients of these checks aren’t necessarily in dire economic situations, which means they will have a little more disposable income than ... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Technology | |
It's easy to forget, this time of year—especially the way the last year or so has been going—that one of the biggest events in gadgetry is about to hit. Specifically, it's the Consumer Electronics Show (CES), where all the best and brightest in gadgets make an appearance. Already, some... Read the Full Story |
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Consumer Staples | | Conagra Offers High-Yield And Deep-Value For Income Investors
There are a lot of things to like about Conagra Brands (NYSE:CAG) and the list is only getting longer. The company has been in a major portfolio repositioning/growth-oriented effort for several years and those efforts are paying off. The... Read the Full Story |
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From Our Partners | | Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experiment called Project Prophet - and documented everything on film.
Rooted in the laws of physics, this quantitative approach challenges conventional wealth-building wisdom. With 17 years of verified data behind it, Porter calls it unlike anything he has seen in nearly 30 years in the business. | | Watch the full investigation and decide for yourself |
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Communication Services | | One of the many things in 2020 that had experts scratching their heads was how well the housing market performed. Typically in recessions and periods of major uncertainty, foreclosures go up and prices fall. For companies like Zillow (NASDAQ: ZG), one of the largest online multiple listing services ... Read the Full Story |
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Finance | | Shares of credit card giant Mastercard (NYSE: MA) have been trading sideways for much of the last four months as they consolidate their post pandemic gains. Unlike many tech names, and particularly work-from-home stocks, Mastercard and their peers have not seen the same retracement in their stock, w... Read the Full Story |
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Technology | | 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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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. The whisper number is suggesting even stronger profits of $1.11 per share.
On a year-over-y... Read the Full Story |
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Consumer Discretionary | |
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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The Early Bird Stock Of The Day Qudian Inc. operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services. The company was founded in 2014 and is headquartered in Xiamen, the People's Republic of China. | | View Today's Stock Pick |
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