Good MorningEquities fell again on Tuesday on the combined influence of the Omicron COVID variant and remarks from Jerome Powell. Mr. Powell, FOMC Chairman, says the committee will begin talking about an accelerated taper despite the rising threat of the new COVID variant. The news is not altogether surprising given the state of inflation but was unexpected in the face of the new threat. Ultimately, if the Omicron variant does cause disruptions in the global economy, it would likely result in higher inflation due to tightening supply in the face of high demand.
Today’s trading will be focused on the ADP report and the NFP report that is due on Friday. The ADP and NFP are expected to show upwards of half a million new jobs created in November and the figure could be much hotter. Regardless, employment and labor conditions are another cause for inflation and that situation isn’t expected to change significantly.
Featured: Sell these "safe" blue chips immediately (Ad) 
|
Technology | |
Salesforce.com Falls On Weak Guidance, Slowing Growth
Salesforce.com (NYSE: CRM) is one of the best-positioned tech company’s working on the Internet today. The company is not only the leader but the very creator of Customer Relationship Management and is still growing at a high double-dig... Read the Full Story |
|
From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
|
Technology | | For a company that couldn’t seem to stop rallying last year, 2021 has been death by a thousand cuts for Zoom Video (NASDAQ: ZM). Shares of the video conferencing company hit their all-time highs in October of 2020, right around when COVID vaccines started being approved, and they’ve fall... Read the Full Story |
|
Markets | | Small-cap Haynes International (NASDAQ: HAYN) is finding support near its 50-day moving average after slipping from a November 9 high of $47.08.
The Indiana company produces high-performance cobalt and nickel alloys in various forms, including sheet, coil, and plate. Haynes’ products are dep... Read the Full Story |
|
From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
|
Consumer Discretionary | |
As the stock market adage goes, a rising tide lifts all boats. As we’ve learned in recent days, unfortunately, the opposite is also true.
Newfound concerns around the latest coronavirus variant have created broad-based weakness in U.S. equities. Early pandemic winners and vaccine plays have... Read the Full Story |
|
Consumer Discretionary | | Online travel agency (OTA) MakeMyTrip (NASDAQ: MMYT) stock is attempting to coil on the continuing spread of COVID-19 vaccinations. The rapidly growing Indian market travel platform was a pandemic loser transformed into a benefactor of the reopening. COVID-19 vaccinations has been the driver for con... Read the Full Story |
|
From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
|
Industrials | | Trucking company Saia (NASDAQ: SAIA) is forming a potentially constructive area of consolidation below a November 17 high of $358.33.
The Georgia-based company specializes in multi-regional less-than-truckload shipping. It also provides expediting and logistics services, as well as “non-asse... Read the Full Story |
|
Technology | |
Insider Selling In Ambarella Slacks Off Before Q3 Earnings
Insider activity in shares of Ambarella (NASDAQ: AMBA) is hinting at higher prices not because of buying but because selling has slacked off. Insiders have or had been making regular sales across the broad spectrum of holders all year bu... Read the Full Story |
|
Markets | |
I'm getting a little panicky because I haven't bought a single thing for the holidays… Are you in the same boat?
But maybe that's okay, because that means I'll spend less. At any rate, it's important to remember that once I do hit the internet (and the mall), I'll need to remember a few po... Read the Full Story |
|
Technology | |
The Metaverse is Here to Stay
Imagine an interactive world that combines multiple elements of technology such as virtual reality, augmented reality, and video to offer users a truly unforgettable experience. This is the main concept behind the metaverse, which is a topic that has certainly gotten... Read the Full Story |
|
Consumer Staples | |
Church & Dwight Co., Inc Is A Buy On Market Weakness
We’ve liked Church & Dwight (NYSE: CHD) for its slow, steady growth and reliable dividend and now we like it even more. The company just announced a new deal that already has the analysts warming up and we see this driving share p... Read the Full Story |
|
The Early Bird Stock Of The Day GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. | | View Today's Stock Pick |
|
