Good MorningDespite some volatility, the Santa Claus Rally appears to be on track to lift the market into year-end. The S&P 500 extended its holiday-week rebound on Wednesday putting the index within an arm’s reach of the current all-time high. The question that needs to be asked, though, is what will the New Year bring?
The only certainty for the New Year is inflation. Inflation is running rampant through the economy and threatens to dampen consumption on many levels. The caveat for investors is that, until the market gives the signal for reversal, the trend in the market is up. If the S&P 500 can break out to a new high, we see it continuing upward at least until the Q4 earnings cycle gets underway.
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Markets | | | AT&T stock is enjoying its best week since early summer. The reason for the optimism is stemming from two analysts' upgrades. In both cases, the stock was upgraded from Equal Weight to Overweight. Is that enough to move AT&T stock higher? Maybe and maybe not. However, it may be enough to put a level of support on a stock that badly needs it. Read the Full Story |
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From Our PartnersWrite this date down: January 1st, 2022.
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Markets | | | Asian shares were higher Thursday after stocks advanced on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus and stronger U.S. economic data.
Tokyo's Nikkei 225 gained 0.8% to 28,798.37. In Hong Kong, the Hang Seng edged 0.4% higher... Read the Full Story |
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Markets | | | Asian shares were modestly higher Thursday after stocks advanced on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus and stronger U.S. economic data.
Tokyo's Nikkei 225 gained 0.3% to 28,658.57. In Hong Kong, the Hang Seng edged 0.... Read the Full Story |
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Markets | | | Asian shares were modestly higher Thursday after stocks advanced on Wall Street with encouraging reports about the potential impact of the omicron variant of coronavirus and stronger U.S. economic data.
Tokyo's Nikkei 225 gained 0.3% to 28,658.57. In Hong Kong, the Hang Seng edged 0.... Read the Full Story |
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Markets | | | World shares were higher Thursday after stocks advanced on Wall Street, lifted by encouraging reports about the potential impact of the omicron variant of coronavirus and stronger U.S. economic data.
Major indexes are on track for a Christmas week gains, with trading thinning as the ... Read the Full Story |
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From Our PartnersWe've found a Biotech company that has developed a shocking breakthrough medical discovery that could change the way we practice medicine!
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Markets | | |
Going into the new year, you may wonder what you should invest in: artificial intelligence, cyclical stocks, health care? A combination of these or something else entirely?
It's a great question. Based on the unique events from last year, rising interest rates and consumer pushes toward spe... Read the Full Story |
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Politics | | | The pipeline is built and being filled with natural gas. But Russia’s Nord Stream 2 faces a rocky road before any gas flows to Germany, with its new leaders adopting a more skeptical tone toward the project and tensions ratcheting up over Russia’s troop buildup at the Ukrainian border.
... Read the Full Story |
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Markets | | |
It’s that time of year for investors. Hopes for a Santa Claus rally, some much needed R&R, and yes—tax loss harvesting.
The annual ritual of dumping the year’s losers to offset capital gains taken early in the year is far from a festive event but can be a valuable part of ta... Read the Full Story |
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Stocks | | |
Connected home fitness equipment maker and platform Peloton (NASDAQ: PTON) stock has been a nasty rollercoaster ride for investors. The popular connected fitness company bounced off $17.70 COVID lows to peak at $171.09 before plunging on the reopening trend back into the $30s. The Company has yet ... Read the Full Story |
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Stocks | | |
Customer relation management (CRM) software company Salesforce.com (NYSE: CRM) stock has been plunging on its latest top and bottom-line guidance stemming from the fiscal Q3 2022 earnings call. While the fiscal Q3 2021 earnings were very strong, the lowered guidance shocked investors. Arguably, Sa... Read the Full Story |
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The Early Bird Stock Of The Day Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. is headquartered in Canada. | | View Today's Stock Pick |
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