Good MorningEquity markets extended their historic rally on Monday with the major indices all moving higher. The NASDAQ Composite led the move with a gain near 1.0% while the S&P 500 and Dow Jones Industrial Average posted smaller advances. On a sector basis, the Energy Sector was among today’s leaders. The S&P 500 Energy sector ETF gained more than 4.0% on rising oil prices and a firming outlook for demand.
Market sentiment was also boosted by President Biden’s push for stimulus. He and members of his cabinet think another stimulus package is what it will take for the U.S. to reach full employment by next year. Last week, the CBO said the U.S. was already on track to reach full employment by next year. In COVID news, the rapid decline in COVID-19 cases continues across the U.S. paving the way for a fuller reopening and broader economic reopening in the second half of 2021.
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Technology | | Home services digital marketplace ANGI Home Services (NASDAQ: ANGI) stock has squeezed higher on its most recent Q4 2020 earnings. The platforms connect consumers with service professionals and independent contractors for various home service projects ranging from cleaning and handyman services to h... Read the Full Story |
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Technology | | Mobile advertising and content technology platform provider Digital Turbine (NASDAQ: APPS) stock has been on an explosive rise propelled by the increase in mobile device usage and economic recovery. The stock is a dual narrative winner benefiting from stay-at-home, ecommerce and mobile app entertain... Read the Full Story |
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Consumer Staples | |
Well-known battery maker Energizer Holdings (NYSE:ENR) has been around for a long time powering our favorite electronic devices. But it has only traded as a standalone company for about 5 years during which the stock has had periods of mixed success.
More recently, the stock has joined the broade... 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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Construction | | No Love For Simpson Manufacturing
Simpson Manufacturing Co. (NYSE:SSD) isn’t seeing much love from the market following its Q4 earnings release. Not because the company underperformed, it didn’t, but because the market was expecting the good news. The problem for share prices is that gr... Read the Full Story |
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Technology | | A 6% jump in Monday’s session was enough to make shares of chipmaker Nvidia (NASDAQ: NVDA) among the best performing of US equities on the day. In what was a great start to the week for markets overall with the major indices all setting fresh all-time highs, Nvidia’s stock came within a ... 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 | | Spotify (NYSE: SPOT) reported its year-end earnings last week, and grew its user base faster than the average expectations. Paid subs increased 24% yoy to 155 million, while guidance called for 150-154 million. Monthly active users (MAUs) were up 27% yoy to 345 million, at the top of the 340-345 mil... Read the Full Story |
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Transportation | |
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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Retail/Wholesale | |
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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Transportation | | A Rising Tide Lifts All Ships, But Saia Is Rising Faster
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 Internationa... Read the Full Story |
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Consumer Staples | |
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 Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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