Good MorningEquities rebounded on Thursday on strength in tech and dubious strength in the economic data. The tech-heavy NASDAQ Composite led the day with gains near 2.0% and may continue to lead the market higher on Friday. Shares of market-favorite were among the biggest gainers and up nearly 2.5% at the end of the day. The move could be a sign of bigger gains to come but there are still hurdles to overcome in the days ahead.
On the economic front, jobless claims continue to fall but at a very tepid rate. The latest report still shows upwards of 440,000 first-time weekly claims or more than double the pre-COVID level. Other data on Thursday was equally mixed. The Philly Fed’s MBOS shows expansion within the economy but activity slowed twice as fast as expected. If the data on Friday reveals equally tepid activity Thursday’s market gains could be reversed.
Featured: The Stock That Is Disrupting A Billion Dollar Industry. (TAAT MGMT) 
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Markets | | | Golden Nugget Online Gaming is trying to find a base of support despite the company delivering an earnings report that shows its expansion efforts are proceeding nicely. This article provides three reasons why investors may be holding back on GNOG stock. Read the Full Story |
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From Our PartnersKen Berman, founder of Gorilla Trades, has announced that Gorilla Trades will offer 30 days of FREE trade alerts to investors around the world. "I believe retail investors can manage their own money if they use a proven trading system like mine. Once they see how easy it is, they will be hooked," he said. The daily alerts will be given using the Breakout Scanner, software Ken used to turn $250,000 into $5,000,000. | | Read More... |
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Stocks | | | Here we sample a little bit of everything. These three large-cap stocks are near the back of the year-to-date performance pack—but have underlying growth stories that suggest they won't be there for long. Read the Full Story |
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Markets | | | After gapping up twice following a bullish earnings report, TTWO stock is putting bulls at a crossroads. Forward guidance suggests the stock may be priced right. But bullish sentiment may be enough to push the stock back over $200. Read the Full Story |
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From Our PartnersAnd Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday. | | Click here for the FREE REPORT... |
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Politics | | | MADRID - Spain is lifting its restrictions on travelers from the United Kingdom beginning Monday, saying British tourists play a key role in the Spanish economy.
Spanish authorities published the rule change in the government gazette Friday. Restrictions on travel from Japan were also... Read the Full Story |
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Politics | | | Negotiations between the White House and Republican senators over President Joe Biden's $2.3 trillion infrastructure plan are reaching a crucial stage before more talks Friday after the latest offer from GOP lawmakers left some dismay in the administration that there wasn't more movement from their... Read the Full Story |
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Tech | | | Apple CEO Tim Cook will take the witness stand Friday to defend the company’s iPhone app store against charges that it has grown into an illegal monopoly — one far more profitable than his predecessor Steve Jobs ever envisioned Read the Full Story |
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Politics | | | KATHMANDU, Nepal — A repatriation flight is rescuing dozens of Spanish nationals who have been stranded in Nepal since a lockdown was imposed in the Himalayan nation to curb the spiking COVID-19 cases.
The charted flight arranged by the Spanish government was taking back 96 Spanish m... Read the Full Story |
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Politics | | | CARSON CITY, Nev. -- Two Republican lawmakers in the Nevada statehouse were punished on Thursday for not complying with restrictions in place to prevent the spread of coronavirus.
Assemblywomen Annie Black and Jill Dickman went mask-less on the Assembly floor but refused to make known... Read the Full Story |
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Markets | | | The fourth-largest automaker in the world Stellantis (NYSE: STLA) stock is the product of the $52 billion merger between Peugeot S.A. and Fiat Chrysler to become a major electric vehicle (EV) powerhouse. Read the Full Story |
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Markets | | | You may want to know the difference between secured debt, unsecured debt, revolving debt, and installment debt because it helps you understand the consequences if you forget to make a payment. Or worse, it helps you understand the consequences if you decide not to make your payments at all. Let's take a quick look at these four debt types and how to handle them. Read the Full Story |
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The Early Bird Stock Of The Day Morningstar, Inc. provides independent investment insights in the United States, Asia. Australia, Continental Europe, the United Kingdom, and internationally. The company operates in five segments: Morningstar Data and Analytics; PitchBook; Morningstar Wealth; Morningstar Credit; and Morningstar Retirement. The company offers managing investments, including mutual funds, ETFs, separate accounts, collective investment trusts, model portfolios, equities, and fixed income securities; Morningstar Direct is an investment-analysis and reporting platform; Morningstar Advisor Workstation, a suite of tool to provide help and advice. The PitchBook segment provides data and research covering the private capital markets comprising venture capital, private equity, private credit and bank loans, and merger and acquisition activities; and pitchbook platform. It provides model portfolios and wealth platforms; Morningstar Managed Portfolios, an advisor service with model portfolios designed for fee-based independent financial advisors; and Morningstar.com that discovers, evaluates, and monitors stocks, ETFs, and mutual funds; build and monitor portfolios and markets. In addition, the company provides credit ratings, research, data, and credit analytics solutions; Morningstar DBRS which offers securitizations and other structured finance instruments, such as asset-backed securities, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized loan obligations. Further, it offers managed retirement accounts, fiduciary services, Morningstar Lifetime Allocation funds, and custom models; Morningstar Indexes offers market indexes used for performance benchmarks and as the basis for investment products and other portfolio strategies; and Morningstar Sustainalytics provides environmental, social and governance data, research, analysis, and insights. Morningstar, Inc. was incorporated in 1984 and is headquartered in Chicago, Illinois. | | View Today's Stock Pick |
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