Good MorningThe equities market closed lower on Friday to close out what was an otherwise down week for the market. The takeaways for investors is that Friday’s action closed below the important 30-day moving average that had been acting as support. A close below this level could indicate a change in near-term trend and that could mean further losses in the days and weeks to come.
This week investors should be on the lookout for a host of economic data including the all-important non-farm payrolls report. Labor-related data points released during the month suggest that labor conditions were little changed during the month but there could be some big surprises in the data. Other data points that could move the market this week include the ISM reports on Manufacturing and Services as well as the Construction Spending and Factory Orders data.
Featured: Sell these "safe" blue chips immediately (Ad) 
|
Consumer Discretionary | | It’s Time To Get Into These EV Names
The EV industry is hot, there is no other way to describe it, but Nikola (NASDAQ:NKLA) and Fisker (NYSE:FSR) haven't exactly shared in the gains. While names like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) have seen their shares skyrocket on ramping production... 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 |
|
Healthcare | |
The biotechnology space is about as risky as it gets when it comes to industry groups. The hard to predict nature of clinical trials can make for some dramatic swings in stock prices.Investors that have the risk tolerance (and stomach) to venture into biotech have to weigh the risks and rewards of... Read the Full Story |
|
Consumer Staples | | Beyond Meat (NASDAQ: BYND), maker of plant-based meat alternatives, got a boost from its fourth-quarter earnings report, despite some disappointing results.
Investors cheered the company’s future growth prospects, based on deals with Yum Brands (NYSE: YUM), McDonald’s (NYSE: MCD) and Pe... 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 |
|
Technology | | In For A Penny, In For A Pound
There are lots of reasons to invest in penny stocks and few definitions of what, exactly, makes a penny stock. Regardless of your reason or how you classify penny stocks the lineup we have for you today is one that any investor may find interesting. In all cases, the ... Read the Full Story |
|
Markets | | Ohio-based electric vehicle (EV) maker Lordstown Motors (NASDAQ: RIDE) stock has been on a rollercoaster ride hitting peaks in the $29 to $31 range to lows in the $13 to $18 range on three separate occasions in the past six months. The Company has a first-mover advantage among U.S. EV makers with i... 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 |
|
Markets | | Wayfair (NYSE: W) is one of those companies that can safely call the COVID pandemic a blessing in disguise. Even as an already well known e-commerce company, their shares had been trending down since 2019 before taking a further 80% tumble this time last year. But within a few weeks, a COVID-inspire... Read the Full Story |
|
Markets | |
Even given the recent selloff, it can be a challenge to find a good bargain with the U.S. stock market near record highs. When the usual list of S&P 500 suspects doesn't reveal any cheapies, the mid-cap space can be a valuable place to turn.
Midcaps hang out in the sweet spot of being big eno... Read the Full Story |
|
Markets | |
There are plenty of questions that investors are pondering as we head into March. Are we at the beginning of a corrective phase in the market or is it time to buy the dip? Will the sell-off in bonds stabilize or should we anticipate more downside? Can the government get a stimulus bill be passed b... Read the Full Story |
|
Industrials | |
It’s safe to say that the aerospace industry had a difficult 2020 and is still struggling with the impacts of the pandemic. Thanks to huge declines in air traffic and a dramatic reduction in aviation orders, many of the stock prices of these companies have not yet recovered to pre-pandemic l... Read the Full Story |
|
Markets | |
Let me start by saying that Guardion Health Sciences (NASDAQ:GSHI) is one of the riskiest penny stocks you can buy. The company is a biotech/neutraceutical company that has been trading below $1 for the better part of 18 months.
The company is facing a delisting threat but was given a deadline of... Read the Full Story |
|
The Early Bird Stock Of The Day Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries. The company also collects and transforms various animal by-product streams into useable and specialty ingredients, such as collagen, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings, and hides. In addition, it recovers and converts used cooking oil and animal fats, and residual bakery products into valuable feed and fuel ingredients. Further, the company provides environmental services, including grease trap collection and disposal services to food service establishments. It primarily operates under the Rendac, Sonac, FASA, Ecoson, Rousselot, Gelnex, and CTH brand names. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas. | | View Today's Stock Pick |
|