Good MorningThe major indices continued to advance on Thursday extending the rebound in the broad market S&P 500 to a one-month high. The action was led by the S&P 500 with an advance near 0.75% and closed near the highs of the session. Trading was buoyed by hopes for a stimulus package despite the growing impasse in Washington. The market assumes a bill will be passed, the only questions are when and which side will get the credit for it.
Next week could be a volatile one for traders. Not only is Friday the first options expiration of the 4th quarter but the peak of 3rd quarter earnings season kicks off with reports from some key names including many of the biggest banks. If the results or outlook don’t jibe with what the markets want we could see the indices begin to top out again. Until then, the forecast for the reporting season is good.
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With so many people spending time at home this year, it makes sense that video games are increasing in popularity. The industry was seeing accelerated growth before the pandemic thanks to the widespread adoption of mobile technology and the rise of social media. Now, many of the companies that off... Read the Full Story |
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Markets | | | Acuity Brands Business Is A Two-Edged Sword
When it comes to the pandemic there are company’s in a good position and those in a bad position to capitalize on trends it sparked. When it comes to construction and construction-related supplies a good position might be a focus on consumer or home... Read the Full Story |
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Stocks | | | Dividends Are A Pillar Of Your Portfolio
Dividend-growth stocks are my absolute favorite when it comes to investing. These stocks offer not only the chance for capital appreciation but also for an increasing yield-on-investment. Over time, the combination can drive total returns far in excess of th... Read the Full Story |
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Natural gas utility Spire Inc. (NYSE: SR) shares have been in a nasty sell-off with the rest of the gas utility sector severely underperforming the benchmark S&P 500 index (NYSEARCA: SPY). The energy, oil and gas sector has been extremely weak as even blue-chip leaders like Exxon Mobil (NYSE: ... Read the Full Story |
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Markets | | | A lot of people are looking to buy a home. You can look at the anecdotal evidence: countless people in desirable neighborhoods are reporting that real estate agents are cold calling – now more than ever – in hopes that they are open to selling their home. The remote working boom has... Read the Full Story |
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The Early Bird Stock Of The Day Zumiez Inc. operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times. It operates zumiez.com, zumiez.ca, blue-tomato.com, and fasttimes.com.au e-commerce websites. Zumiez Inc. was founded in 1978 and is headquartered in Lynnwood, Washington. | | View Today's Stock Pick |
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