Good MorningU.S. equities continued their volatile streak on Thursday with indices rebounding more than 1.5% but the near-term trend is still down. The rise of the Omicron variant is gaining traction and could derail the global recovery. With the S&P 500 still down about 2.5% from the recent high investors should expect volatility to continue in the near term at least.
Friday’s trading will be impacted by the NFP report as well as COVID-related fears. The NFP report is expected to show upward of 500K new jobs created last month and there is risk in the number. A weaker-than-expected figure would be bad for economic growth while a hotter figure would put extra pressure on the FOMC to taper and hike rates. In either case, if the market closes lower today you can expect it to move even lower next week. Featured: The DOJ Just Paved the Way for Account Seizures (Ad) 
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Politics | | | Chinese ride-hailing service Didi Global Inc. says it will pull out of the New York Stock Exchange and shift its listing to Hong Kong as the ruling Communist Party tightens control over tech industries Read the Full Story |
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Add These 3 Low-Beta Stocks for Less Exposure to Volatility
They say that the market takes the stairs up and the elevator down, which is why it’s never a bad idea to have a few low-beta stocks in your portfolio. These are stocks that don't move as much as the overall market and can pose les... Read the Full Story |
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Markets | | | A broad rally on Wall Street pushed stocks higher Thursday, giving the S&P 500 its best day in seven weeks as the market recouped some of its losses after several days of volatile trading.
The benchmark index rose 1.4%, its biggest gain since mid-October. The Dow Jones Industrial... Read the Full Story |
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From Our PartnersAs you may have seen over the last few weeks, I've been giving out special daily setups on my favorite ticker.
We’ve been taking these setups @ 10AM and so far, we've posted 28 different payouts …
Each of which were delivered at exactly 4PM as the market closed.
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That's why Jack Carter and I pulled back the curtain to reveal how we've been able to nail in a 96% win rate in the same window the market lost 11 trillion dollars in value. | | | We also revealed how you can find and execute these setups on your own without any help at all. |
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Markets | | | Stocks rose broadly on Wall Street Thursday as investors continue to monitor the spread of the new coronavirus variant as well as measures that the U.S. and other governments are taking to restrain it Read the Full Story |
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Politics | | | Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices Read the Full Story |
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Stocks | | | Cloud-based data warehousing specialist Snowflake (NYSE: SNOW) rebounded sharply Thursday following better-than-expected third-quarter results. Shares were trading at $354.88 late in Thursday’s session, up more than 15%. Read the Full Story |
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Oil giant BP agreed Thursday to pay a $512,450 penalty and reduce soot emissions from its Whiting refinery in Indiana under an agreement with regulators and activists who accused the company of violating an earlier deal.
The U.S. District Court settlement modifies a ... Read the Full Story |
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Stocks | | | Just when we thought the mall-based retailers were about to come back Kirkland’s (NASDAQ: KIRK) delivered a less-than-stunning report that confirms freight issues are still plaguing the market. The news sparked what we can only describe as a knee-jerk reaction that has shares down more than 25%. Read the Full Story |
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Stocks | | | Shares of Express, Inc (NYSE: EXPR) are rocketing higher after the Q3 release and we think they will continue to move higher well into next year. The story here is more than just a reopening play and more than simply wowing the market. Express Read the Full Story |
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When you're slogging away in a cubicle at work, it might sound like a dream to wake up when you want, read a book in a hammock, putter around in the yard, etc. (You know, the things that retired people do.)
Almost half of Americans (49.9%) expect to retire before they turn 62, according to the Fe... Read the Full Story |
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The Early Bird Stock Of The Day Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of collers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. Further, it operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.) names, as well as pretzels under the Ditsch name. The company was founded in 1890 and is based in Monterrey, Mexico. | | View Today's Stock Pick |
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