Good MorningThe equities markets were mixed on Monday following the big surge late in the day on Friday. The S&P 500 was mostly flat while the Dow Jones led with a small gain and the NASDAQ lagged with a small loss. Traders are optimistic about a global economic recovery but have their eyes focused firmly on the data. This week brings several important economic data points including Tuesday’s read on consumer confidence and Wednesday’s pending home sales.
The most important data for the week will be the employment data. From the ADP to the Challenger report, jobless claims, and the NFP, traders are looking for positive signs of job gains and labor market improvement. A strong labor market means a strong consumer and that is crucial for a strong economic recovery. In other news, traders cheered the freeing of the container ship Evergreen and its impact on the global supply chain.
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Stocks | | | When you stop to look at what’s been happening with technology stocks this year, it’s a tale of two markets. First, you have the growth-oriented tech stocks that have been relentlessly sold thanks to rising interest rates and questions about their valuations. These stocks were market dar... Read the Full Story |
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Forbes has already confirmed that when all is said and done, "a new class of millionaires may emerge." | | | | If you don't buy this ticker, you'll regret it |
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Markets | | | U.S. stock indexes closed mostly lower Monday, pulling the S&P 500 slightly below the all-time high it set last week, while nudging the Dow Jones Industrial Average to another record high.
The S&P 500 slipped 0.1%, recovering most of a 0.8% slide earlier in the day. Banks had ... Read the Full Story |
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Stocks | | | Today’s Penny Stock Is Tomorrow’s NASDAQ Bell Ringer
Penny stocks, when positioned correctly, can become the next NASDAQ bell-ringer. While none of the stocks on today’s list are quite ready for that spotlight they all have it in them. The unifying factor in all cases is a s... Read the Full Story |
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Markets | | | Salvage teams on Monday finally freed the colossal container ship stuck for nearly a week in the Suez Canal, ending a crisis that had clogged one of the world’s most vital waterways and halted billions of dollars a day in maritime commerce.
A flotilla of tugboats, helped by the tides,... Read the Full Story |
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Stocks | | | Online education is becoming a bigger business all the time, which is why shares of Houghton Mifflin Harcourt (NASDAQ:HMHC), Chegg (NYSE: CHGG) and GP Strategies (NYSE: GPX) are racing higher. Digital learning was already on the upswing when the pandemic hit; Covid only accelerated that trend. Read the Full Story |
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From Our PartnersIn partnership with TV celebrity chef Cat Cora, HBIS is an at-home dining start up that is firing on all cylinders to capitalize on the growing demand for prepared, heat-to-eat delivery meals. | | | | Continue Reading |
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Markets | | | Global shares were mostly higher on Tuesday as investors focused on causes for optimism despite a weak close on Wall Street.
France's CAC 40 gained 0.6% in early trading to 6,053.59, while Germany's DAX added nearly 0.7% at 14,914.22. Britain's FTSE 100 added 0.5% to 6,766.63. U.S. s... Read the Full Story |
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Markets | | | Experts on Tuesday boarded a colossal container ship that had been stuck sideways for nearly a week in the Suez Canal before it was dislodged as questions swirled about the grounding that had shaken the global shipping industry and clogged one of the world's most vital waterways.
The... Read the Full Story |
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Markets | | | McCormick stock may not be spicy enough for growth investors. However value investing is making a comeback, and I like MKC stock for a reliable dividend and the ability to capture some stock price growth that approximates the growth of the company’s business which has been around 4% to 5% over the last three years. Read the Full Story |
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Politics | | | Germany's biggest industrial union and employers on Tuesday reached a deal that will give workers a one-time “corona bonus” and envisions an extra annual payment starting next year.
The deal between employers and the IG Metall union was reached in North Rhine-Westphalia state, Germany... Read the Full Story |
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Markets | | | One of the biggest gainers in yesterday came from Houghton Mifflin Harcourt (NASDAQ:HMHC), a stock many will likely at least vaguely remember from their high school days as being one of the biggest textbook publishers around. Read the Full Story |
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The Early Bird Stock Of The Day Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Refining segment owns and operates Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as Bruderheim crude-by-rail terminal and ethanol plants. The U.S. Refining segment refines crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. is headquartered in Calgary, Canada. | | View Today's Stock Pick |
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