Good MorningThe major indices made a solid rebound on Thursday but the market isn’t out of the woods yet. The move was led by the tech-heavy NASDAQ composite and is more about hope than anything else. The NASDAQ gained a little more than 2.0% in hopes that Apple, Amazon, and the rest of the FAANG names will continue to deliver results. The bad news for traders is that Thursday’s move failed to regain key price levels above the 30-day EMA’s for all the major averages.
Looking forward, next week is going to be chock filled with volatility. Not only is the VIX still above the last high but next week is the Presidential election. On top of that, it’s the turn of another month and that will bring the all-important non-farm payroll report. Although the labor market still has a long way to go the signs are good that hiring was robust in October.
Featured: Free Options Trading eBook: The Ultimate Income System (Base Camp Trading) 
|
Markets | |
Investors that have been following the alternative energy industry have likely noticed that it has been one of the strongest performing sectors this year. What’s even more interesting is that many alternative energy stocks are rallying even though the pandemic has resulted in business disrup... Read the Full Story |
|
From Our PartnersThis simple strategy is how these pros stayed in the black during the corona crash.
It's why Barron's calls it "one of the greatest strategies in existence."
Twenty-year trading veteran shows you the secret to potentially making $1,000's extra a month with your smartphone or laptop. | Masterclass info here. |
|
Markets | | Despite being an athletic apparel company and very much not a Silicon Valley tech stock, Lululemon (NASDAQ: LULU) has certainly been acting like one for much of 2020. From March through August, shares rallied close to 200%, matching the likes of Apple’s (NASDAQ: AAPL) and Advanced Micro Device... Read the Full Story |
|
Markets | | Data from the manufacturing, shipping, and packaging industries all point to a sustained rebound with or without added stimulus and that can be seen in Automatic Data Processing’s (NASDAQ:ADP) 3rd quarter results. Read the Full Story |
|
From Our PartnersIn today's helter-skelter market, most investors would be happy with stocks yielding 4% or 5%. But they'd be setting their sights too low. Because I've built a portfolio that pays us a 67% cash on cash return - with no leverage, options, or gimmicks. | Get the full story here. |
|
Markets | |
These days, biopharmaceutical companies—or virtually any medical supply operation—can just about write their own ticket, considering the pandemic that kept the world's attention for a good chunk of 2020. It's still being felt today in many places, and so anything healthcare-related pul... Read the Full Story |
|
Markets | | Colgate-Palmolive (NYSE: CL) is set to report its Q3 2020 earnings tomorrow. A surging number of COVID-19 cases and uncertainty surrounding the upcoming election has the S&P 500 approaching correction territory – defined as a 10% drop. Read the Full Story |
|
From Our PartnersLendingTree has helped over 1.1 million Americans with refinancing. Calculate your payment to see how much you can save. | | Continue Reading |
|
The Early Bird Stock Of The Day Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 160 properties and 22.6 million square feet as of September 30, 2023 which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. | View Today's Stock Pick |
|