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.
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Basic Materials | | 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 | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist 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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Retail/Wholesale | |
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 | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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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 | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Finance | | 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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Business Services | | 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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Finance | | 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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Auto/Tires/Trucks | |
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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