Good MorningEquities held steady near fresh highs for a second day in thin holiday trading. The S&P 500 hovered around break-even while trading in a tight range near Monday’s high. The move was without strength but consistent with a strengthening market and could lead to the additional upside when the holiday is over. Inflation has been a problem but economic expansion is underway.
Thursday’s trading may be more of the same unless some new news comes across the wires. There will be very few earnings reports or economic releases to move the market. The next big market-moving events will come next week when normal trading conditions resume to include the onset of the Q4 earnings reporting season and the monthly release of NFP data.
Featured: The case for trading fewer setups, not more (Ad) 
|
Technology | | Photomask products maker Photronics (NASDAQ: PLAB) stock has surged to all-time highs on its latest earnings results. The makers of photomasks used in integrated circuits and flat panel displays is benefitting from the reopening trend and supply chain disruptions. Demand for photomasks has been bols... Read the Full Story |
|
From Our Partners | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
|
Markets | |
MarketBeat and Morningstar are geared towards the self-directed investor and both offer similar services. As with other sites we’ve compared (such as Zack’s Research), Morningstar has a proprietary rating system that gives investors its top investment picks. This is a good resource for... Read the Full Story |
|
Energy | |
Clean Energy FuelCell Energy, Inc Struggles To Execute
FuelCell Energy (NASDAQ: FCEL) is an interesting play on green energy technologies but the Q4 results prove only one thing, the market for this technology is tenuous because the technology itself is still in development. While we have great ... Read the Full Story |
|
From Our Partners | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
|
Basic Materials | |
Cal-Maine Gets Crushed By Inflation
Cal-Maine Foods (NASDAQ: CALM) had a good quarter and a bad quarter during the calendar 3rd quarter and it looks like the underlying trends will remain in place for at least the near to mid-term. On the one hand, rising demand and tightening conditions within ... Read the Full Story |
|
Technology | |
A Strong Signal For RF Industries Investors
We already knew that RF Industries, Ltd (NASDAQ: RFIL) was well-positioned for today’s market. The company makes a wide range of RF connector and cable assembly components that are in high demand by telecoms, 5G, industrials, instrumentation, and... Read the Full Story |
|
From Our Partners | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
|
Technology | | The iShares Semiconductor ETF (NASDAQ: SOXX), whose top two components are Broadcom (NASDAQ: AVGO) and Qualcomm (NASDAQ: QCOM), is up 47.59% year-to-date, reflecting strong demand for chips amid the global shortage.
However, even with that stellar performance this year, the index posted even bette... Read the Full Story |
|
Auto/Tires/Trucks | |
These Are the Top Auto Stocks for Next Year
The global automotive industry is at an interesting crossroads heading into 2022. Supply chain constraints have reduced the number of new vehicles available for purchase, which has certainly had a negative impact on earnings for some of the major player... Read the Full Story |
|
Markets | | Data search and analytics platform Elastic (NYSE: ESTC) stock has taken a tumble towards 2021 lows but is primed for a snapback rally. The leading provider of enterprise data search solutions is still showing impressive double-digit top-line growth. Shares sold-off on fiscal Q2 2022 resulted in fear... Read the Full Story |
|
Technology | |
Braze, Inc Is Firing On All Cylinders
Braze, Inc (NASDAQ: BRZE) IPOd in November to the same fanfare with which many of this year’s IPOs were faced. A lot of hype leading into the event and not a lot of bullish activity in its wake. Shares opened well above the intended high-end of the IPO... Read the Full Story |
|
Technology | |
Candlesticks aren’t just a popular holiday decoration. Many technical analysts depend on them heavily to shed light on a stock’s price chart.
As with classic chart patterns, there are bullish and bearish candlestick formations—and some are more prevalent than others. Among the m... Read the Full Story |
|
The Early Bird Stock Of The Day Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. It offers various services, such as paint, collision, glass, repair, car wash, oil change, and maintenance services. The company also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as training services to repair and maintenance, and paint and collision shops. It sells its products and services under the CARSTAR, IMO, MAACO, Meineke Car Care Centers, PH Vitres D'Autos, Take 5 Oil Change, Take 5 Car Wash, Auto Glass Now, Fix Auto USA, and 1-800-Radiator & A/C, Spire Supply, and Automotive Training Institute brands. The company was founded in 1972 and is headquartered in Charlotte, North Carolina. | | View Today's Stock Pick |
|