Good MorningEquities were mixed to end the last week but left the NASDAQ Composite and S&P 500 trading at new all-time highs. The move was driven by better than expected economic data as well as the passage of President Biden’s infrastructure package. The package, if nothing else, promises to unleash trillions in spending over the next few years and that is stimulus enough for the stock market.
Earnings from the retail sector are also to blame for last week’s performance. The sector reported largely better than expected numbers but gave a mixed view of the holiday season. While inventories should remain robust through the end of the year there are some concerns products arriving from Asia will be in short supply come January.
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Finance | | Shares of cloud-based lending platform Upstart Holdings (NASDAQ: UPST) are down 21.66% in the past week and 43.62% in the past month.
Despite those declines, which appear dire, this is a stock with a great deal of promise ahead.
Upstart Holdings offers its own cloud-based lending platform. The c... 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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Markets | |
What does financial wellness mean to you? Does it just sound like a fancier, more wholesome term than "personal finance"? Or does financial wellness mean something different to you altogether? You might view financial wellness as a holistic approach to our finances, from getting out of credit card... Read the Full Story |
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Markets | | Semiconductor company Advanced Micro Devices (NASDAQ: AMD) stock has been squeezing to new all-time highs running on all cylinders. The fabless maker of CPU and GPU chips has been both a pandemic and post-market winner gaining from greater PC and mobile device engagement, streaming, gaming, and the ... 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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Consumer Staples | |
Not even a pandemic could stop the U.S. stock market from finishing in the green last year. Stocks have built off 2020’s remarkable recovery this year and barring a disaster will finish higher for the third straight year.
With the major indices setting fresh record highs seemingly at will, ... Read the Full Story |
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Markets | |
Streaming and gaming network platform fuboTV (NYSE: FUBO) stock has fallen nearly in half since it’s peak earlier in the year. The Company rolled out its fuboTV sports book in November, which will be a key growth driver enabling viewers to engage in real-time sports betting while viewing gam... 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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Retail/Wholesale | |
DKS stock looks ready to move higher
Dick’s Sporting Goods (NYSE:DKS) will give investors one of the last data points to consider before Black Friday when it reports earnings on November 23. The report will give investors a preview of what the retailer projects for the upcoming holiday sea... Read the Full Story |
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Finance | |
Owning Quality Large-Cap Stocks Doesn't Have to Break The Bank
There are certainly a lot of advantages associated with investing in large-cap stocks. These are companies with a market capitalization of over $10 billion and play a huge role in determining the overall direction and trend of the ind... Read the Full Story |
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Retail/Wholesale | |
Supply Chain Disruption Cuts Into Footlocker Results
Footlocker (NYSE: FL) shares are down more than 5.0% in premarket trading after confirming something we already knew to be true. The company says the manufacturing shut-downs in Vietnam and other parts of Asia during the 3rd quarter are going ... Read the Full Story |
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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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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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The Early Bird Stock Of The Day The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices. The Consumer Services segments offers bill payment services, which facilitate payments for consumers, businesses, and other organizations, as well as money order services, retail foreign exchange services, prepaid cards, lending partnerships, and digital wallets. The company was founded in 1851 and is headquartered in Denver, Colorado. | | View Today's Stock Pick |
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