Good MorningEquities bounced back strongly on Monday nearly reversing all of the loss posted on Friday. The move was driven more by a return to normal trading after the holiday than anything else but comments from President Biden helped calm nerves. President Biden says renewed lockdowns aren’t needed despite the new Omicron variant of COVID-19 which is good news indeed. Another round of lockdowns, however short, could throw an already overtaxed supply chain into full collapse.
This week’s trading will be dominated by economic data. There is a full slate of data to be released including the monthly non-farm payrolls report or NFP. The NFP is expected to show an increase of nearly 600,000 net new jobs in the last month and could easily exceed that figure. The latest JOLTs report indicated upwards of 10 million open jobs.
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Technology | |
The Autodesk Growth Story Falls Apart
Shares of Autodesk (NASDAQ: ADSK) imploded in the wake of the Q3 earnings report and might be heading lower. The company issued a good release and provided solid guidance but there is a widening gap between reality and what the market has been expecting. The... 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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Technology | | Online performance-based marketing company QuinStreet (NASDAQ: QNST) stock has been trying to turn bottom out and recover after the earnings gap. The Company matches consumers to various brand clients in insurance, personal loans, banking, credit cards and home services through its marketing platfor... Read the Full Story |
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Technology | |
These Relative Strength Stocks Stand Out During Market Weakness
Focusing on the stocks that are showing relative strength during periods of market uncertainty is a winning strategy more often than not. These are often the first names to bounce back when the market does turn around and can give in... 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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Retail/Wholesale | |
These Recent IPOs Are Nice End-of-Year Stocking Stuffers
With the holidays fast approaching and shares of these stocks at post-IPO lows, eager investors would do well to add Arhaus, Inc (NASDAQ: ARHS) and Allbirds (NASDAQ: BIRD) to their watchlists if not their portfolio. The two are well-placed... Read the Full Story |
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Markets | |
It's excruciating to come to terms with the fact that my grandpa has dementia. My sweet, wouldn't-hurt-a-fly grandpa now can't recall my name and it was painfully obvious over the Thanksgiving holiday. Though we've all been coming to grips with it for a long time, we're finally to the point where ... 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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Markets | | Fast-casual burger joint Shake Shack (NYSE: SHAK) stock shares have sold off after its Q3 earnings gap to $101.85 highs. Shake Shack continues to expand in the post-pandemic era opening up 25 company-operated Shacks in 2021, with five alone in in Q3. Company is on track to open 25 new licensed Shake... Read the Full Story |
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Markets | | Shares of Twitter (NYSE: TWTR) moved back and forth between gains and losses in morning trade Monday, following news that CEO Jack Dorsey would be stepping down, effective immediately.
Parag Agrawal, who has been Twitter’s chief technology officer since 2017, becomes CEO. Agrawal has overseen... Read the Full Story |
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Auto/Tires/Trucks | |
Ignore The EV Hype, Buy Li Automotive’s Production
Li Auto’s (NASDAQ: LI) Q3 report is evidence why investors should focus more on the in-production EV OEMs rather than those swing-for-the-fences names that have yet to make a vehicle. The keywords to be focused on are ramping product... Read the Full Story |
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Consumer Discretionary | |
Guess?, Inc Falls Despite Strong Black-Friday Spending
Shares of Guess?, Inc (NYSE: GES) fell nearly 5.0% on Black Friday despite what turned out to be a very strong day for retailers. While spending is down versus 2019, Black Friday sales are up nearly 50% from last year and the difference in 2... Read the Full Story |
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Markets | | Movie rental and streaming service Redbox (NASDAQ: RDBX) stock is making higher lows after completing its business combination. The Company merged with special purpose acquisition company (SPAC) Seaport Global Acquisition Corporation on Oct. 22, 2021, to find its way onto the public markets. The Com... Read the Full Story |
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The Early Bird Stock Of The Day Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products. In addition, the company licenses its technology portfolio through standard IP and IP core licensing, patent monetization, and IP services. It sells its products directly to customers, and indirectly through a network of independent manufacturers' representatives and independent distributors. The company primarily serves original equipment manufacturers in the communications and computing, consumer, and industrial, and automotive markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon. | | View Today's Stock Pick |
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