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: Four winners over 400%. Here's #5 (Ad) 
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Markets | |
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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From Our Partners | | A 50-year U.S.-Saudi arrangement established under Henry Kissinger - one credited with anchoring the dollar in global trade - is reportedly over. Analyst Garrett Goggin, CFA, CMT believes what follows could be the most significant dollar reset in modern history.
Goggin has recorded an emergency briefing outlining what investors should consider doing now - including one asset he believes is positioned to climb sharply, similar to how it performed during the currency turbulence of the 1970s. | | Watch the briefing now and see which asset Goggin is watching |
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Medical | |
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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Technology | |
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%.
The company reported a loss of $0.51 per share, narrower than the e... Read the Full Story |
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From Our Partners | | Looking for better stock ideas? Sign-up to receive The Early Bird Stock of the Day. Each day, MarketBeat's team of expert research analysts identifies one compelling stock and provides both a bull case and a bear case for each company. | | Get The Early Bird's Stock of the Day (Free) |
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Retail/Wholesale | |
Express, Inc Is More Than A Reopening Story
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 has been... Read the Full Story |
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Retail/Wholesale | |
Kirkland’s Plummets As Freight And Traffic Ding Results
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... Read the Full Story |
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Retail/Wholesale | |
The recent downturn in U.S. stocks has coincided with a flight to safety and lower Treasury yields. This has at least temporarily derailed the path of higher interest rates that many income investors had built into their portfolio strategy.
In turn, certain higher-yielding equities are looking at... Read the Full Story |
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Technology | |
Institutions Are Accumulating Crowdstrike
Insider selling in shares of Crowdstrike (NASDAQ: CRWD) was a worry earlier in the year but that worry seems to be passing. While insiders have made 83 transactions this year the sales are broad across execs, directors, and large shareholders and coincid... Read the Full Story |
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Retail/Wholesale | |
Lackluster Results Leave Dollar General In Limbo
Price action in Dollar General (NYSE: DG) was without impetus following the release of Q3 results. While the results were good they were entirely as expected and without much to drive the market higher. The key takeaway from the report, however, i... Read the Full Story |
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Technology | |
Blowout Results Spark Volatility In OKTA Shares
After falling more than 30% from 2021's high, it looks like the correction in OKTA (NASDAQ: OKTA) could be over. OKTA, a leader in identity protection and 0-Trust security, reported a blowout quarter marred by only one thing. The company’s mar... Read the Full Story |
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Markets | |
The Patterson Companies Beats And Raises, Shares Fall
We’ve had some interest in Patterson Companies, Inc (NASDAQ: PDCO) because of its high yield, its value, and its position within the market. There is nothing exciting about dental or animal health but it is a steady business and one sup... 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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