Good MorningEquity markets extended the rebound in stocks to near the recent high on Tuesday but traders and investors alike are cautioned not to read too much into the move. Not only was the move driven by an absence of news but it occurred during a holiday-shortened trading week. The takeaway is that Tuesday's action appears bullish but may not lead to much without a true catalyst to induce the market to buy stocks.
Wednesday's action will be more of the same. The question is if the market will end the day up or down and the difference will be telling. A down market suggests traders are fearful of what might happen over the extended holiday weekend while an up market is the opposite. Next week the market will get back in gear as investors start to prep for the final days of the year and what could be a lackluster holiday shopping season. Featured: What a Former CIA Agent Knows About the Coming Collapse (Ad) 
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Books. Makeup. Socks. Bottles of hot sauce. When it comes to stocking stuffers, Santa has many budget-friendly options. Investors in search of inexpensive stocks, on the other hand, have limited choices — at least when it comes to those stocks that have good fundamentals.
This yea... Read the Full Story |
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Despite a fiscal first-quarter earnings report that beat consensus estimates, analysts are giving Cisco Systems (Nasdaq: CSCO) a HOLD rating for now. The report revealed that earnings for the computer networking firm rose 5% year-over-year through the quarter ending on October 29, up 86 cents. In ... Read the Full Story |
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Markets | | | CenturyLink merged with Qwest to become the third-largest telecommunications company in the U.S. in 2010. The Company continued to gobble up technology companies like Savvis, a cloud infrastructure company in 2012 and broadband provider Level 3 Communications in 2017. The Company changed its name fr... Read the Full Story |
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From Our Partners | | Jeff Brown has made some remarkable calls—Bitcoin at $240, Nvidia at 66¢, Tesla at $20—and now he says an event bigger than all of them combined is set to hit within the next 90 days. He calls it Hyper Acceleration, and it’s only happened twice before in U.S. history—each time producing some of the largest fortunes ever seen.
On Wednesday, August 20 at 8 p.m. ET, Jeff will reveal the full details and share the names of two stocks he believes could soar 1,000% or more—free to attendees. | | Click here to reserve your free spot for The Hyper Acceleration briefing before space runs out. |
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If you want to invest in covered calls the Global X Funds NASDAQ 100 ETF (NASDAQ: QYLD) is something you should check out. Better yet, if you want to get a high double-digit yield in a stock with a long track record of successive monthly dividend payments this should be on your list. It is an ETF ... Read the Full Story |
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Politics | | | American consumers and nearly every industry will be affected if freight trains grind to a halt next month.
One of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over concerns about demanding schedules and the lack of paid ... Read the Full Story |
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Tech | | | Employees at the world's biggest Apple iPhone factory were beaten and detained in protests over pay amid anti-virus controls, according to witnesses and videos on social media Wednesday, as tensions mount over Chinese efforts to combat a renewed rise in infections.
Videos that said th... Read the Full Story |
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Tech | | | Employees at the world's biggest Apple iPhone factory have been beaten and detained in protests over contract disputes amid anti-virus controls, according to employees and videos posted on social media Wednesday.
Videos on Chinese social media that said they were filmed at the factory... Read the Full Story |
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Tech | | | Employees at the world's biggest Apple iPhone factory have been beaten and detained in protests over contract disputes amid anti-virus controls, according to employees and videos posted on social media Wednesday.
Videos on Chinese social media that said they were filmed at the factory... Read the Full Story |
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Politics | | | A new water line will deliver something that residents of a rural Pennsylvania community have gone without for the last 14 years — a clean, reliable supply of drinking water — after a public utility on Tuesday released the first details of a plan to mitigate the damage that a gas driller is charged ... Read the Full Story |
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NVIDIA Corporation (NASDAQ: NVDA) is no stranger to comebacks. In the fourth quarter of 2018, the artificial intelligence (AI) chipmaker’s shares were slashed by 52% amid fears of rising interest rates, a global economic slowdown and cryptocurrency issues.
Sound familiar?
In the... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda. | | View Today's Stock Pick |
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