Good MorningEquities were able to hold their ground again on Thursday marking the 10th consecutive trading day at current price levels. If the index can maintain this level into the close of action today it could lead to a big rally next week. The technical outlook for the S&P 500 suggests another 400 points worth of rally is still ahead or 8.5%. Needless to say, that would make another all-time high in 2021 but there is a risk.
With the Thanksgiving Holiday upon us holiday trading conditions are ruling the market. This means lighter than average volumes and the possibility of increased volume. Next week the market will have a raft of economic data to process. The first read on Q3 GDP is due out on Wednesday and includes several key pieces of economic data.
Featured: I call them the "7 Sisters" (Ad) 
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Markets | |
There are plenty of ways to allocate a portfolio, including the core-and-explore approach. This investment philosophy combines the best traits of index funds with the added benefit of theme, sector or actively managed funds.
Core-and-satellite injects the discipline of asset allocation with the o... Read the Full Story |
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From Our Partners | | The largest energy source on Earth contains 50,000 times every oil and gas reserve on the planet combined - and much of it sits beneath the desert near the Grand Canyon.
A drilling crew just hit the DOE's 2035 targets twelve years early, with costs down 50% in 18 months. Google signed on, Gates invested, and the Pentagon made it a priority. One company has been quietly building this infrastructure for sixty years. | | See the company sitting on the biggest energy source on Earth |
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Retail/Wholesale | |
Williams Sonoma Is A Long-Term Winner For Income Investors
Williams-Sonoma (NYSE: WSM) reported another quarter of above-expected growth proving once again the combination of its brands, merchandise, and eCommerce is a force consumers cannot resist. Oddly, the market was expecting even more and h... Read the Full Story |
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Consumer Staples | |
Value Stock BJ’s Wholesale Club Rockets Higher
After several years of robust growth, the pandemic tailwinds, and many articles from us the market has finally caught on to the fact BJ’s Wholesale Club (NYSE: BJ) is a buy. Not only is it well-positioned within the big-box membership cl... Read the Full Story |
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From Our Partners | | Trader Chris Pulver says a new SEC document dropping the day-trading limit to $2,000 has created the biggest retail opportunity he has seen in over 30 years.
His strategy targets what he calls Flashpoints - moments when market makers must move billions of dollars on the S-P 500 in a narrow window. Research shows one recent signal would have returned 83.7% in 36 minutes and another 62.8% in 51 minutes.
Lance Ippolito flew to Utah for a full breakdown of the method. | | Tap here to see the complete Flashpoint trading breakdown now |
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Markets | |
These 3 E-commerce Stocks Are Top Picks for Exposure to the Industry
As the retail landscape continues to transform thanks to the internet, there are plenty of intriguing companies changing the way that people shop. The e-commerce industry has come a very long way in a short span of time and prov... Read the Full Story |
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Technology | |
Sometimes a bottom must be reached in order for growth to occur. That’s what a handful of S&P 500 companies are hoping as they look ahead to the new year.
It’s been another memorable record-setting year for the U.S. stock market. For some stocks, however, it’s been a year to... Read the Full Story |
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From Our Partners | | In 1934, a legal government maneuver transferred billions in wealth overnight. Most Americans never saw it coming — but those who did walked away wealthy.
Trump holds that same legal authority today. Advisors close to the administration believe he may use it.
If he does, the transfer moves fast. The window to position yourself on the right side is already closing. | | Get the free report now |
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Technology | |
Continuing Demand Makes Applied Materials a Buy
Applied Materials (NASDAQ: AMAT) will report fourth-quarter earnings after the market closes on November 18. Analysts are forecasting earnings per share of $1.94 on earnings of $6.3 billion. The whisper number suggests the company may beat on earn... Read the Full Story |
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Markets | |
In 2016, the average retirement age in the United States was 65 for men and 63 for women, according to Annuity.org, despite the designation of 67 as the "official retirement age" (for those born after 1959).
But what if you're becoming more resentful of the presence of your job in your life? What... Read the Full Story |
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Retail/Wholesale | |
Is Petco Health And Wellness Company All Bark And No Bite?
When Petco Health And Wellness Company (NASDAQ: WOOF) IPO’d we had high hopes for the company and the stock. Situated within the steadily growing pet care industry it is well-positioned as both a provider of services and an eCommer... Read the Full Story |
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Retail/Wholesale | |
America’s Car-Mart Switches Gear After Strong Results
Shares of America’s Car-Mart (NASDAQ: CRMT) have been in a correction since mid-August but it looks like that trend may be over. The FQ results were much better than expected and point to another strong year for the company. Price... Read the Full Story |
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Technology | |
Cisco Insiders Are Shedding Their Shares
There have been some noteworthy insider activity in shares of Cisco (NASDAQ: CSCO) over the past year but it is, ultimately, nothing for investors to worry about. Insiders made 25 transactions on a TTM basis with no buying but, based on our analysts, irre... Read the Full Story |
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The Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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