Good MorningThe equities market went on a wild ride on Thursday following a series of blow-out reports from top names on Wall Street. Among them are Apple, Microsoft, eBay, and Ford but the mood was dampened by growing indications of doom for the market. As robust as the growth outlook is, the estimates may be too high because of the global chip shortage. More than a few S&P 500 companies have noted the shortage and its impact on future revenue. In addition, talk of higher taxes continues in Washington and added its cloud to the outlook.
Friday is going to be a make-or-break moment for the major indices. If the indices can hold their ground at these new highs going into the close of the week further upside is more likely than not. If, however, the mood on Wall Street sours and the market moves lower on Friday it could mark the beginning of a correction that has been brewing for months.
Featured: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
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Communication Services | | Advertising and marketing have gone through a massive transformation over the last few decades thanks to the rise of the internet and cutting-edge technological advances. The days when businesses could solely rely on traditional advertising methods like direct mail, billboards, flyers, and radio &am... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
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Markets | |
With U.S. stocks trading near record highs, low-priced stocks have been hard to come by. Only 15 of the S&P 500 constituents have a share price below $20. The story is similar in the mid-cap space where only 25 S&P 400 stocks can be had for less than an Andrew Jackson bill.
This means tha... Read the Full Story |
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Consumer Staples | |
Hershey’s Sweet Outlook Will Satisfy Your Craving For Dividends And Growth
The Hershey Company (NYSE: HSY) Q1 results are a great example of what we like so much about the consumer staples sector. Like so many in the sector, The Hershey Company has itself positioned for growth while giving... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Healthcare | |
After reporting blowout first quarter earnings after the market closed on April 28, Align Technology (NASDAQ:ALGN) stock took a sharp break to the upside on higher-than-average volume in early trading. But ALGN stock is giving up those gains on what I can only believe is investors looking to take ... Read the Full Story |
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Markets | | It’s easy for investors to be drawn to the allure of stocks that offer high dividend yields. After all, a stock’s dividend yield essentially tells you how much dividend income you will be getting in comparison to the current stock price. With that said, chasing high yields can be dangero... Read the Full Story |
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From Our Partners | | A small-cap gold and silver royalty company is generating record revenue from producing mines, yet shares still trade under 1 dollar.
It just signed the largest transaction in its history, a new gold streaming deal backed by a strategic relationship with a major mining investment firm.
A well-known sector financier has invested his own money and joins the CEO in an exclusive interview breaking down the full story. | | Click here for instant access to the free report now |
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Markets | |
Ethereum $3,000 Is A Stone’s Throw Away
Now that Ethereum (CRYPTO: ETH) is trading at a new all-time high and above the $2,700 level, the question is how high will it go? The simple answer is much, much higher but there are some concrete targets investors, speculators, and traders can targ... Read the Full Story |
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Technology | |
Logitech Is The King Of Peripherals
Logitech International (NASDAQ: LOGI) just released one of the most fantastic earnings reports we’ve ever seen. The company not only produced robust growth on a YOY basis but strong triple-digit growth in the two-year comparison, accelerating sequential g... Read the Full Story |
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Technology | | Crypto mania is bringing attention not only to the ever-burgeoning universe of currencies, but also to stocks like Coinbase Global (NASDAQ: COIN) and Marathon Digital Holdings (NASDAQ: MARA), as well as companies with high crypto exposure, like MicroStrategy (NASDAQ: MSTR).
Sure, the underlying in... Read the Full Story |
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Healthcare | |
AbbVie (NYSE:ABBV) will be among the stocks closing out a busy earnings week. Earnings season tends to draw a lot of interest from investors, but it’s not always the best indicator of a stock’s overall trajectory.
That’s been particularly true in the last 18 months where more ... Read the Full Story |
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Industrials | |
Automatic Data Processing Quietly Reports Record Quarter
We’ve been fans of the labor market, labor market stocks, and Automatic Data Processing (NASDAQ: ADP) for years. The group is supported by secular trends that promise years of sustained business if not robust growth. The pandemic put... Read the Full Story |
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The Early Bird Stock Of The Day Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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