Good MorningU.S. equities went on a wild ride on Tuesday. The S&P 500 opened the day nearly flat from the previous session and then fell more than -2.0% at the low of the day. The losses were wiped out, however, late in the session after remarks from Federal Reserve Chairman Jerome Powell put the market at ease. According to Powell, inflation isn’t a worry and will likely be spotty over the next year or so. The January read on core inflation is due out on Friday.
In other news, cryptocurrency investors experienced a bit of volatility on Tuesday as well. The world’s leading cryptocurrencies underwent rapid 25% corrections in less than 48 hours. Bitcoin, the largest cryptocurrency by market cap, shed more than $12,000 in that time, marking the single fastest drop in the coin’s history. What comes next is anybody’s guess but fundamental conditions within the market remain bullish. Featured: Sell these "safe" blue chips immediately (Ad) 
|
Consumer Discretionary | |
There’s something to be said about adding an iconic brand name company like McDonald’s (NYSE:MCD) to your long-term investment portfolio. It’s one of those businesses that offer an instantly recognizable and familiar experience for its customers, regardless of which one of the 38... 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 |
|
Markets | | Canada-based uranium exploration and development company Denison Mines (NYSE: DNN) stock rapidly spiked in recent months on the rising demand for uranium. The Biden administration's clean energy agenda, U.S. uranium reserves plan, combined with the global decarbonization and clean energy initiative ... Read the Full Story |
|
Healthcare | |
Penny stock investors have made a nice profit on AIM ImmunoTech (NYSEAMERICAN:AIM) in 2020. In the last 12 months, AIM stock is up 115%. Going back just a little further to the start of 2020, the stock has climbed over 300%. And at various times in 2020, shares of AIM ImmunoTech were trading much ... 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 | | Growth To Slow For LGI Homes
LGI Homes, Inc (NASDAQ:LGIH) is one of the smaller home builders but is no less important to the industry. The company has been quietly growing by double digits for the last several years and is on track to continue growing in 2021. The problem for the market right now ... Read the Full Story |
|
Consumer Discretionary | |
After 20 years of going nowhere fast, Ford Motor (NYSE:F) stock appears to be revving back up. While it remains well off its split-adjusted high of $31.42 from April 2001 it has moved higher in eight of the last 10 months amid a brighter outlook for the old-school automaker.
With the advent of el... 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 |
|
Consumer Discretionary | |
If the news out of Lowe's (NYSE:LOW) seems familiar, there's a reason. In fact, there's a very good reason. The news out of Lowe's features reports of gains for this quarter, and substantial ones at that. Behind those gains, however, is a concern that the days of the home improvement rush may be c... Read the Full Story |
|
Industrials | | Good News Sends Oshkosh Stock Soaring
Workhorse Group (NASDAQ:WKHS) investors had their hopes dashed when the USPS awarded its lucrative, multi-billion dollar contract to Oshkosh Corporation (NYSE:OSK) but OSK investors are cheering. The deal, expected to be worth upwards of $6.5 billion over the n... Read the Full Story |
|
Consumer Discretionary | | It’s Time To Buy These Two EV Stocks
The rise of SPACs has driven a frenzy in the market and created a bubble that is bursting for names like Lucid Motors (NYSE:CCIV) and Workhorse Group (NASDAQ:WKHS). In the one case, speculation on the potential merger of Lucid and its SPAC target had inves... Read the Full Story |
|
Industrials | |
On February 22, Republic Services (NYSE:RSG) reported its 2020 fourth quarter and full-year earnings. The company recorded a double beat with earnings per share (EPS) coming at $1.00 well above the 80 cents projected by analysts. Republic had a narrower beat on the top line with revenue coming in ... Read the Full Story |
|
Industrials | |
When investors hear the name 3M (NYSE:MMM) they often think of Scotch tape. Of course, the long-time Dow Jones Industrial Average member is far more. Today, the 120-year-old industrial conglomerate is comprised of many different business lines that serve diverse end markets globally.
There are se... 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 |
|
