Good MorningEquity markets dived on Thursday following hotter-than-expected employment data from ADP. The ADP report shows a strong 235,000 jobs were created in December, which is 50% more than expected. The news sent a jolt through the market because it reinforces the idea the FOMC will hold rates at higher levels than previously anticipated for longer than previously forecast. Today's data includes the NFP report, which could echo the ADP report's strength.
Next week is the start of peak earnings reporting. We'll get reports from the big banks and a host of other key companies, so by the end of the week; we should have a good idea of what the season will look like. While there has been strength in some areas already, the news is thin, and strength is spotty. A weaker-than-forecast season in a world where estimates decline would seal the deal regarding the S&P 500 and where it goes next. Featured: Weird, Anonymous Bets often followed by stock SURGES (Traders Agency) 
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Politics | | | Telecom giants AT&T and Verizon have agreed to postpone the launch of a new slice of 5G wireless service after airlines and aviation groups complained that the networks can interfere with systems on board planes Read the Full Story |
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Stocks | | |
With a 30% run since this time last month, shares of ride-hailing app Uber (NYSE: UBER) are carrying some decent momentum with them into the new year. While they bounced off their lows of the year as part of this rally, they look set to break the downtrend that’s had them under pressure sinc... Read the Full Story |
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Markets | | |
Which Is The Better Investment, The Coca-Cola Company Or PepsiCo?
The Coca-Cola Company (NYSE: KO) and PepsiCo (NASDAQ: PEP) both received bullish commentary and fresh, high price targets with the start of the new year but one is still clearly a better buy. As we pointed out last year, PepsiCo&rs... Read the Full Story |
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Markets | | | AT&T and Verizon said Monday they will delay activating new 5G wireless service for two weeks following a request by Transportation Secretary Pete Buttigieg, who cited the airline industry’s concern that the service could interfere with systems on planes.
The announcement reversed... Read the Full Story |
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Markets | | | Investment bank Morgan Stanley (NYSE: MS) stock nearly doubled in 2021 but might still be a cheap buy heading into 2022 with improved metrics. Pullbacks have been shallow for this top tier investment bank. The Company continues to blow out top and bottom line estimates growing its market share durin... Read the Full Story |
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Markets | | | A forecast of better weather means that the worst may finally be over for tens of thousands of air travelers who were grounded by flight cancellations that skyrocketed over the New Year's Day weekend.
January usually means fewer people flying, and that will be even more true in 2022 b... Read the Full Story |
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Tech | | | Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood Read the Full Story |
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Markets | | | A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year's coronavirus recession.
The Labor Department also reported Tuesday that employers posted 10.6 million job openin... Read the Full Story |
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Stocks | | | With prices for fertilizer and agricultural chemicals on the rise for the better part of a year, companies such as Mosaic (NYSE: MOS), CF Industries (NYSE: CF) and Nutrien (NYSE: NTR) are showing outstanding sales and earnings growth. Read the Full Story |
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Stocks | | | RPM International (NYSE: RPM) had a mixed quarter and one that reveals the two-edged sword of inflation. The company grew revenue and at a pace above consensus but the gains are more to do with pricing increases than anything else. Read the Full Story |
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The Early Bird Stock Of The Day Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names. The company also offers motorhome RV, a self-propelled mobile dwelling used primarily as temporary living quarters during vacation and camping trips, or to support active and mobile lifestyles under the Winnebago and Newmar brand names. In addition, it offers other specialty commercial vehicles for law enforcement command centers, mobile medical clinics, and mobile office spaces; commercial vehicles as bare shells to third-party up fitters, as well as manufactures and sells recreational boats under the Chris-Craft and Barletta brand names. Further, the company is involved in the original equipment manufacturing of parts for other manufacturers and commercial vehicles. It sells its products primarily through independent dealers in the United States, Canada, and internationally. Winnebago Industries, Inc. was incorporated in 1958 and is based in Eden Prairie, Minnesota. | | View Today's Stock Pick |
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