Good MorningThe equity market started the week off on solid footing gaining more than 1.75% by the end of the session. The move was supported by a combination of factors including last week’s economic data, a growing number of upgrades for the 3rd quarter earnings season, and President Trump’s return to the White House.
On a technical basis, the market action on Monday was very bullish. Not only did the S&P 500 move high for the day but it also confirmed support at the short-term moving average and set a new three-week going on one-month high. With price action moving up from the 30-day moving average the next target is the all-time high. If the 3rd quarter earnings reporting cycle is as good as it looks like it will be, the S&P 500 is sure to set a new all-time high very soon.
Featured: Obscure Code Helps Unemployed Millennial Make Millions In 2 Years (Money Map Press) 
|
Markets | | | Alpha and Omega Semiconductor (NASDAQ:AOSL) is an up-and-comer with a bright future. No Intel (NASDAQ:INTC) or NVIDIA (NASDAQ:NVDA) by any means, the company manufactures a wide array of power control semiconductors that are integral to the very fabric of tech. Read the Full Story |
|
From Our PartnersSweeping new legalization could make investors wealthy. FREE Pot Stock Profit Calendar reveals key dates for investors. And it's yours FREE today. | | Click here to download it instantly... |
|
Stocks | | | Demand For Trucks Surges On Tightening Capacity
The transportation sector and in particular the trucking industry is beginning to look very interesting. A perfect storm of conditions worsened by the pandemic has capacity tightening, demand rising, spot-prices for hauling increasing, and fleets stru... Read the Full Story |
|
Markets | | | Alcoholic beverage giant Anheuser-Busch InBev (NYSE: BUD) stock has been stagnant in its recovery. Its shares are still trading well below pre-COVID levels and underperforming the benchmark S&P 500 index (NYSEARCA: SPY) Read the Full Story |
|
|
Stocks | | |
While Bristol-Myers Squibb (NYSE:BMY) isn't exactly lacking in reasons to consider it a household name, it recently figured that it could stand a little extra firepower on its side. To that end, the company recently shelled out a hefty $13.1 billion to buy MyoKardia (NASDAQ:MYOK), a much less-well... Read the Full Story |
|
Markets | | | One year ago, hard seltzer was less than 1% of the total U.S. market for alcohol.
Now it’s 2.5%. And IWSR projects hard seltzer will roughly triple – again – by 2023. Consumers have been attracted to hard seltzer because they are low-calorie alcoholic options – and the delic... Read the Full Story |
|
|
The Early Bird Stock Of The Day Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions. The Industrial Precision Solutions segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems used in packaged goods industries; components and systems used in the thermoplastic and biopolymer melt stream; precision agriculture spraying solutions; fluid components, such as nozzles, pumps, and filters; and product assembly systems for use in paper and paperboard converting applications, and manufacturing roll goods. It also offers automated and manual dispensing products and systems for cold materials, container coating, liquid finishing, and powder coating, as well as ultraviolet equipment used primarily in curing and drying operations. The Medical and Fluid Solutions segment offers medical devices, including cannulas, catheters, and medical balloons; single-use plastic components; precision manual and semi-automated dispensers; minimally invasive interventional delivery devices; and plastic molded syringes, cartridges, tips, and fluid connection components. The Advanced Technology Solutions segment provides automated dispensing systems for the attachment, protection, and coating of fluids, as well as related gas plasma treatment systems for cleaning and conditioning surfaces; and bond testing and automated optical, acoustic microscopy, and x-ray inspection systems for use in semiconductor and printed circuit board industries. The company markets its products through direct sales force, as well as distributors and sales representatives. Nordson Corporation was founded in 1909 and is headquartered in Westlake, Ohio. | | View Today's Stock Pick |
|
