Good MorningEquities rebounded strongly on Thursday after lawmakers in Washington reached a deal to avert a government shutdown. The deal extends the debt ceiling limit to December but does little to fix the underlying issues. Investors should expect this issue to rear its ugly head again in a few months.
Today’s news will be dominated by the Non-farm payrolls report. The report is expected to show 500,000 net new jobs were created in September and the figure could be much higher. With 6 million unemployed recently falling off the unemployment roll there is a chance the NFP could be in the millions. If so, investors should expect to see the S&P 500 rally strongly to new all-time highs.
Featured: Elon Musk Called a Total Fraud in 2018 - Here's What Changed (Ad) 
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Consumer Discretionary | |
U.S. based luxury electric vehicle (EV) maker Lucid Motors (NASDAQ: LCID) stock has seen a resurgence as it ups the delivery date for its Dream EV to the end of October 2021. Shares collapsed to a low of $16.12 on the first lock-up expiration on Sept. 1, 2021 on dilution fears for the former speci... Read the Full Story |
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Materials | | Steel producer Cleveland Cliffs (NYSE: CLF) stock has been down trending in recent weeks despite record top-line growth and global steel demand post-pandemic. A continued pullback can provide prudent investors with a bargain entry opportunity especially ahead of the infrastructure bill. The global d... Read the Full Story |
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Technology | | Shares of Napco Securities Technologies (NASDAQ: NSSC) are trading in a choppy fashion below their September 15 high of $45.48.
The stock jumped nearly 16% higher on September 13, following the company's fourth-quarter earnings report. Trading volume was nearly triple the average that day.
Napco i... Read the Full Story |
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From Our Partners | | The 401(k) transformed how Americans save for retirement. Now analyst Marc Chaikin is asking what comes next.
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Technology | |
Li-Cycle (NYSE: LICY) isn’t your ordinary electric vehicle play. It’s not an auto manufacturer or a charging station company. It’s not even a lithium miner or an EV battery maker. We’re getting closer though.
With the world speeding toward the electrification of transporta... Read the Full Story |
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Consumer Discretionary | |
Helen of Troy Is Ready To March Higher
Shares of Helen of Troy (NASDAQ: HELE) are up more than 5% after the company revealed it dodged a bullet. The EPA took offense at some packaging late last year and that impacted the company's operations. Not only were sales impacted but higher costs were inc... Read the Full Story |
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From Our Partners | | Tech leaders like Microsoft's Satya Nadella and Goldman Sachs' David Solomon say AI's infrastructure buildout is still in its early innings.
Weiss Ratings has identified AI stocks already up 37 percent, 55 percent, and 264 percent, with 10 more Buy-rated picks highlighted in a new special report. | | Download the free report naming 10 AI stocks to watch now |
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Consumer Discretionary | | After a soft end to Q3 that saw the major indices dip as much as 5% through September, equities bounced back hard in yesterday’s session with many stocks gapping up on the open. A gap up as it’s known is a particularly bullish signal that often coincides with the start of a trend reversa... Read the Full Story |
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Consumer Discretionary | |
Levi's Demonstrates The Power Of Brand
Levi's (NYSE: LEVI) survived the pandemic because of the strength of its brand, its direct-to-consumer business, and specifically e-commerce. The Q3 results prove the power of its brand is still working and have the stock set up to retest the recently set hi... Read the Full Story |
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Technology | | What are some of the qualities that make a stock have monster potential? It typically starts with strong fundamentals like outstanding sales or revenue growth. Disruptive or innovative products are another tell-tale sign to look out for. Heavy accumulation should catch your eye as well, as it usuall... Read the Full Story |
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Markets | |
Uh, where did 2021 go?
Once you get over the shock that it's already the second week of October, you may want to consider some tactical year-end tax moves.
More than two-thirds of Americans experienced financial setbacks in 2020, according to Fidelity. The declines were attributed to job loss,... Read the Full Story |
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Consumer Staples | |
Lamb Weston Underperforms Its Diversified Brethren
Lamb Weston (NYSE: LW) is a great example of why diversified consumer staples companies are a much better choice. As good a company as it is, the business is heavily dependent on potatoes and foodservice which were a bad combination during the pa... Read the Full Story |
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The Early Bird Stock Of The Day-inc-logo.jpg) ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e-commerce and traditional merchants, and other express service users. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China. | | View Today's Stock Pick |
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