Good MorningEquities advanced on Thursday under the double impetus of better than expected economic data & earnings. On the earnings front, a raft of reports came in not only better than expected but with improved guidance over the past two days. The reports underscore the expectation for the economic rebound to accelerate faster than previously predicted and continue to drive earnings growth over the remainder of the year.
On the economic front, there are two reports that have traders buzzing. The first is the weekly jobless claims figure. While still high at over 770,000 the figure fell unexpectedly over the past week and heightened the expectation for positive job growth in January. The second is the Factory Orders numbers, Factory Orders jumped 1.1% and nearly doubled the consensus as rising demand across all industries leaves shelves and inventories bare.
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Industrials | | When Beating The Consensus Isn’t Enough
In a world where better-than-expected is the new normal companies that actually impress the market are hard to find. Often times the results are a one-off thing, hampered by an outlook for slowing growth, or coupled with weak guidance. That’s why ... Read the Full Story |
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Business Services | | Professional staffing solutions provider Kforce Inc. (NASDAQ: KFRC) stock has been trying to break three-year highs on the acceleration of the post-pandemic economic recovery. Shares are tracking the benchmark S&P 500 index (NYSEARCA: SPY). The stay-at-home restrictions mandated during the COVID... Read the Full Story |
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Medical | |
As sweeping changes to cannabis laws in the United States start to pick up steam, more and more investors are getting excited about the prospects of companies in the industry. While we don’t know exactly how long it will take to see these legal changes come into effect, it doesn’t hurt... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Technology | |
For technology buffs, one of the more exciting activities out there is to watch Apple patents. Sometimes, Apple will patent some amazing or otherwise bizarre piece of technology, but never actually do anything with it. The game that follows is whether or not a new patent will ever see the light of... Read the Full Story |
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Consumer Staples | | Don’t Read Too Much Into Clorox Guidance
Shares of The Clorox Company (NYSE:CLX) are falling after the company released calendar Q4 earnings and what some are calling weak guidance. To be clear, shares aren’t falling because the guidance is weak, it isn’t, shares are falling beca... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Technology | | Semiconductor lithography systems maker ASML Holdings N.V. (NASDAQ: AMSL) stock has been rising in a parabolic manner as the insatiable global demand for faster, cheaper, and more powerful chips continue to accelerate. ASML’s state of the art extreme ultraviolet (EUV) lithography systems curre... Read the Full Story |
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Business Services | | Labor Stocks Will Boom In 2021
Labor stocks are set to boom in 2021, it’s just that simple. Despite all the headwinds provided by the pandemic, the labor market has been able to hold up rather well and the economic rebound is already on. Based on what the CBO says, economic activity in the U.... Read the Full Story |
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Retail/Wholesale | |
Since spinning off from McDonald's 15 years ago, Chipotle Mexican Grill (NYSE:CMG) has had its share of ups and downs. Issues related to foodborne illness outbreaks damaged the company's reputation and sales a few years back. For a period, it looked like Chipotle would never be the same in the eye... Read the Full Story |
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Technology | | Pinterest (NYSE: PINS) is set to report its Q4 earnings tomorrow after the bell. The online product and idea discovery platform has been one of the biggest pandemic winners; shares have roughly quadrupled since the beginning of 2020.
The pandemic has had a net-positive impact on Pinterest – t... Read the Full Story |
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Markets | | Mobile social gaming platform Zinga (NASDAQ: ZNGA) stock has been hitting record highs on the success of its gaming apps. The growth in both revenues and daily active users (DAU) can be attributed to the stay-at-home mandates triggered by COVID-19 pandemic in 2020 along with its acquisition strategy... Read the Full Story |
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The Early Bird Stock Of The Day Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency-denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services. It also provides mutual fund management, insurance and securities brokerage, foreign exchange services, financial leasing, financial consulting and advisory, investment management, foreign trade, leasing, factoring, treasury, and transactional services, as well as specialized services to finance residential projects. In addition, the company offers short-term financing and fundraising, and brokerage services, as well as derivatives, securitization, and other products; and manages capital allocations. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. The company was incorporated in 1977 and is headquartered in Santiago, Chile. Banco Santander-Chile operates as a subsidiary of Banco Santander, S.A. | | View Today's Stock Pick |
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