Good MorningThe S&P 500 made another run at setting a new all-time high on Tuesday but failed to cross the crucial market. By the end of the day the index gave up its gains to form a small doji candle that signals uncertainty and lack of direction in the market. The NASDAQ Composite and Dow Jones Industrial Averages were no better, both trading in tight ranges and showing signs of indecision. If the indexes are unable to move up from here price-resistance could form and may weigh on stocks in the coming days.
With the end of the Q3 reporting cycle fast upon us, there isn’t much to drive the market other than news and data. The news remains mixed; an uncertain Presidential moves forward while stalemate rages in Washington and the number of COVID cases set new records. Regarding the data, the data is consistent with a strongly rebounding economy and points to strong earnings for the S&P in the 4th quarter.
Featured: Biden-proof your retirement? (Gold Gate Capital) 
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Markets | | | Asian shares were mixed Tuesday, after the Dow Jones Industrial Average hit a record high on optimism that a vaccine may soon control the coronavirus and the economic destruction it’s caused.
Moderna said its COVID-19 vaccine appears to be 94.5% effective, according to preliminary da... Read the Full Story |
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Markets | | | Asian shares rose Tuesday, after the Dow Jones Industrial Average hit a record high on optimism that a vaccine may soon control the coronavirus and the economic destruction it’s caused.
Moderna said its COVID-19 vaccine appears to be 94.5% effective, according to preliminary data. It... Read the Full Story |
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Markets | | |
Investing in the renewable energy sector makes a lot of sense at this time. The global renewable energy market is expected to reach a valuation of $2.15 billion in 2025 and there will certainly be companies that benefit from this growth. With the prospects of a Joe Biden presidency and improving t... Read the Full Story |
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From Our PartnersI call it my "Dividend Map", and I'll show you exactly where to find the safest companies that pay the highest yields. (HINT: Texas has 6 of these companies sending huge payouts that average 67%!). I'm willing to send you my Map... but only if you click here right now. If I don't have your name on my list in the next 2 hours, I'll assume you don't want to make monster dividends. | | Click here right now.
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Markets | | | Ecommerce facilitator BigCommerce Holdings (NASDAQ: BIGC) stock has been frustrating investors since peaking at $162.50 on Aug. 26, 2020. Shares have sold off on every breakout attempt as it trades back towards post-IPO lows and outperforming the benchmark S&P 500 index (NYSEARCA: SPY). As we ge... Read the Full Story |
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Markets | | | Global shares were mixed Tuesday as optimism that a vaccine might soon control the coronavirus buoyed only some regional indexes.
France's CAC 40 slipped 0.2% in early trading to 5,460.09, while Germany's DAX was down nearly 0.2% at 13,119.47. Britain's FTSE 100 dipped 0.4% to 6,395... Read the Full Story |
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From Our PartnersUranium prices are soaring as more than HALF of global monthly uranium production has been taken offline as mines shut down amid the coronavirus pandemic. Investors are lining up for gains and it could be the windfall of a lifetime. The last time we saw something like this, the price of yellowcake roared all the way to $140. Well-timed investors could make 10X, 20X and even 30X gains! | | Learn more here... |
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Markets | | | British airline easyJet has posted its first full-year loss in its 25-year history as a result of the coronavirus pandemic but laid out hope that the rollout of vaccines will help it bounce back strongly next year.
The airline reported Tuesday a pretax loss of 1.27 billion pounds ($1.... Read the Full Story |
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Politics | | | President-elect Joe Biden is warning of dire consequences if President Donald Trump and his administration continue to refuse to coordinate with his transition team on the coronavirus pandemic and block briefings on national security, policy issues and vaccine plans Read the Full Story |
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Markets | | | I last reported on American’s Car-Mart (NASDAQ:CRMT) the company had just released its FQ1/Calendar Q2 earnings report. In it, the company demonstrated not only its position within the booming used-car market Read the Full Story |
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Markets | | | The Gaming Sector Is Setting New Records
Analysts at Evercore ISI initiated coverage on two gaming stocks highlighting a developing opportunity. The note to investors cites a rich pipeline of games and growing user engagement that is driving record sales this year. According to Evercore, the two yo... Read the Full Story |
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Markets | | | BJs (NYSE: BJ) shares took a shellacking on November 9th, dipping nearly 13% on huge volume. The reason was obvious: Investors feared that BJs will not fare as well if the “new-normal” becomes the “old-normal.”
The move was surprising, however, because BJs isn’t some h... Read the Full Story |
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The Early Bird Stock Of The Day Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click advertising and multi-location Ad products, as well as enables businesses to deliver targeted advertising to large and high-intent audience; and business listing page products. The company also offers other services comprising Yelp Guest Manager, a subscription-based suite of front-of-house management tools for restaurants, nightlife and certain other venues, which include online reservations, a waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as through hostless kiosks, and seating and server rotation management tools; Yelp Knowledge program that offers business owners local analytics and insights through access to its historical data and other proprietary content; and Yelp Fusion, which offers free access to various basic information through publicly available APIs, and paid access to content and data for consumer-facing enterprise use. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. Further, the company offers its products directly through its sales force; indirectly through partners; and online through its website and business app, as well as non-advertising partner arrangements. It has partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was incorporated in 2004 and is based in San Francisco, California. | | View Today's Stock Pick |
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