Good MorningThe equities markets edged higher again on Friday to round out a generally upbeat week. Although there are still risks to the market it seems as if the worst of the COVID pandemic could be behind us. Not only is the number of daily new cases hitting new lows every day the rate of new cases is the lowest it’s been since early November. The decline in COVID cases is helping to bolster what is fast becoming a bright outlook for 2021 earnings following a week filled with better than expected earnings results and upwardly revised guidance.
On the economic front, the January non-farm payrolls report was a little weaker than expected but the balance of the labor data is positive. Data from the ADP report on employment to the Challenger report on layoffs point to the same thing; stabilization within the labor market. The key takeaways for the week are that unemployment fell another 4 tenths to 6.3% while plans for hiring and job availability trend near record highs.
Featured: Forget Nvidia, This “Ghost Town” Company Holds the Key to the AI Boom (Ad) 
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Stocks | | |
Over time a stock's price can run up into the hundreds of dollars if things are going well. Many companies opt to enact a stock split that reduces the share price and makes it more accessible to retail investors. Other companies prefer to leave their share price high often to induce the perception... Read the Full Story |
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From Our Partners | | What if I told you there's a legal way to own real physical gold and silver—and keep your gains tax-free?
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It's called a Self-Directed Gold IRA, and it's quietly becoming the go-to wealth protection strategy for people who see the writing on the wall.
When you take the next step, you could qualify for up to $10,000 in FREE GOLD & SILVER with your purchase of a qualified account. | | Click here to get the IRS Gold Loophole Report now |
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Stocks | | | Canopy Growth (NASDAQ:CGC) stock is up 67% since the start of the year. And the stock continues to move higher with the cannabis company scheduled to deliver its third-quarter earnings on February 9, 2021. Read the Full Story |
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Stocks | | |
The S&P Small Cap 600 index is already up 10.7% this year compared to a 3.1% return for the large cap S&P 500. This disparity is partly due to the fact that Gamestop is a member of the S&P 600—and despite its recent plunge is still up 200% year-to-date.
But there have been some ... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
Back in 2018, when Jeff Brown told everyone to buy Tesla…
The "experts" said Elon was finished and Tesla was headed for bankruptcy.
Now they're saying the same thing, but Jeff has uncovered Tesla's next breakthrough. | | Click here to see why Tesla's about to prove everyone wrong... again. |
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Tech | | | The latest news on Super Bowl commercials. (All times EST.)
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Smartphone-based stock market investment service Robinhood bought its Super Bowl spot in December after a successful year, unaware that it was about to make global headlines.
... Read the Full Story |
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Tech | | | Japanese telecommunications and technology conglomerate Softbank Group Corp. is reporting a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter as its investments rose in value Read the Full Story |
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From Our Partners | | Bitcoin is breaking out — and one state just created a Strategic Crypto Reserve.
James Altucher says this marks the beginning of “Trump’s Great Gain,” a new crypto bull phase driven by emerging federal policies. He believes certain altcoins could turn $900 into $108,000 — and reveals everything in a new presentation. | | See Altucher’s Great Gain gameplan here |
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Stocks | | | There is a rising tide of demand lifting the entire trucking industry and Saia is no different. What makes Saia (NASDAQ:SAIA) different from competitors like J.B. Hunt (NASDAQ:JBHT), Old Dominion (NASDAQ:ODFL), and even Schneider International (NYSE:SNDR) is its focus. Read the Full Story |
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Markets | | | During this year's Super Bowl, the Tampa Bay Buccaneers reigned supreme on the field. During advertising's biggest night, there were hits and misses as well. Overall, this year's crop of Super Bowl ads focused on light humor that strove to entertain and connect. But that made the few ads that took a... Read the Full Story |
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Politics | | | BEIJING — China appears to have stamped out its latest coronavirus outbreaks centered on the northeast, reporting no new cases of local infection in its latest daily report.
The National Health Commission said Monday that 14 newly confirmed cases had been brought from outside the cou... Read the Full Story |
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Politics | | | South Korea’s daily tally of newly confirmed coronavirus cases has fallen below 300 for the first time in more than two months as authorities slightly ease tough physical distancing rules in the country Read the Full Story |
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Markets | | |
While there's no doubt that stocks like Hershey's (NYSE:HSY) have a certain resistance to market forces to them—somewhere, someone wants chocolate and they want it right now—there's also a point to be made where Hershey's can take advantage of some market points to drive itself forward... Read the Full Story |
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The Early Bird Stock Of The Day Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and transports and supplies water to natural gas producer in Pennsylvania. Further, it owns 5,700 miles of natural gas liquid (NGL) pipeline; NGL fractionation facilities; NGL storage facilities; and other NGL storage assets and terminal. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum products. It also offers natural gas compression services; carbon dioxide and hydrogen sulfide removal services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas. | | View Today's Stock Pick |
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