Good MorningEquity markets woke up to bad news on Friday that sent the major indices down more than 2.0% at the low of the day. In the news, a new variant of COVID 19 has sprung up in South Africa and is giving authorities some concern. The new variant, on top of a rebound in case counts and widening restrictions in Europe, threaten to put a damper on the global economic recovery. Another widespread shutdown could put the already overstrained global supply chain into deeper trouble.
This week, traders will be on high alert for a number of key economic reports including the Fed’s Beige Book on Wednesday and the NFP report on Friday. The NFP report should show a positive change in net jobs while the Beige Book may be the more important release. If conditions within the Fed’s 12 reporting districts are deteriorating it could send the indices down to new lows.
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Stocks | | | Despite attention on green energy, oil-and-gas stocks such as EOG Resources (NYSE: EOG), Callon Petroleum (NYSE: CPE) and Matador Resources (NYSE: MTDR) all traded higher this week, and all found support at a key moving average. Read the Full Story |
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From Our Partners | | Cold War Discovery Could Unlock $100 Trillion in Wealth
Jeff recently traveled to an American ghost town to investigate this crazy Cold War story…
Because it could hold the key to the entire $100 trillion AI boom.
It involves an American ghost town with just 30 people…
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Tech | | | Nissan said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.
The Japanese automaker's chief executive, Makoto Uchida, said 15 new electric vehicles will be available by... Read the Full Story |
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Politics | | | Strolling his church's rooftop among 630 solar panels, Bishop Richard Howell Jr. acknowledged climate change isn't the most pressing concern for his predominantly Black congregation — even though it disproportionately harms people of color and the poor.
“The violence we’re having, sho... Read the Full Story |
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From Our Partners | | New Hampshire just launched a Strategic Crypto Reserve — and James Altucher says it’s the first sign that “Trump’s Great Gain” has officially begun.
Altucher believes select cryptos could turn $900 into $108,000 over the next 12 months — and he’s laying out the full gameplan in a new presentation. | | See Altucher’s Trump crypto prediction here |
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Markets | | | Business data provider ZoomInfo retreated from its November 19 high, as the broader market also pulled back sharply. The stock ended the week above its 50-day average, a sign that institutions are not yet dumping shares in a panic. Read the Full Story |
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Tech | | | The carmaker Stellantis said Monday that it has secured a five-year supply of battery-grade lithium hydroxide in Europe to support its plans to convert to 98% electrified vehicles by 2025.
Stellantis, the company that combined PSA Peugeot and Fiat Chrysler, signed a binding agreement... Read the Full Story |
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From Our Partners | | CPA and CFA says you have WAY too many stocks - just buy these 3
After years working at the biggest accounting firms like Deloitte and KPMG, Joel Litman (who’s also a member of the Global CFA Institute) figured out a unique, less-risky way to grow rich in the stock market. Litman says you don’t need dozens of investments, overpriced advisers, or hedge funds. You just need these 3 stocks, which have helped Litman’s own mom earn 3,400%. | | Click here to view… |
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Markets | | | Adding resilient blue-chip stocks to your portfolio makes a lot of sense at this time given the recent market volatility. With so many puzzling factors at play in the market and in the economy, targeting companies that offer reliability might be one of the smartest moves to make at the moment. Read the Full Story |
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Markets | | | Thousands of people have rallied in Belgrade to demand an end to alarming levels of air pollution in Serbia due to the use of coal-fired power plants and other factors The environmental protest comes a day after other environmental demonstrators blocked bridges and roads in several locations in Serbia, and scuffled with riot police Read the Full Story |
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Politics | | | A new coronavirus variant identified in southern Africa is leading to a new round of travel restrictions just as many had finally begun to ease.
The risks of the variant, called omicron, are largely unknown. But the World Health Organization has called it a “variant of concern” and g... Read the Full Story |
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Markets | | | Enterprise artificial intelligence application software company C3.AI (NYSE: AI) stock has been in a terrifying sell-off hitting lows of $36.33 all the way from a high of $183.90 nearly a year ago. The Company has partnered with Google Cloud (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) for major wins... Read the Full Story |
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Suspect that you might need a financial advisor or financial planner? Deciding whether to add a financial advisor to your "team" might depend on a variety of reasons, both personal and practical. The end of the year might be the right time to search for your newest team member.
In a CNBC and Acor... Read the Full Story |
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The Early Bird Stock Of The Day Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services. The company also provides automated testing, cloud native software engineering, continuous delivery, distributed agile delivery, intelligent automation, secure development, agile applications management, cloud infrastructure, DevSecOps, service delivery, smart desk, telemetry and monitoring, organizational optimization, and transaction advisory services. Endava plc was founded in 2000 and is headquartered in London, the United Kingdom. | | View Today's Stock Pick |
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