Good MorningEquities traded mostly flat on Wednesday ahead of the Thanksgiving Holiday leaving the S&P 500 on track for its best month since early spring. The move was led by tech but gains in one sector were offset by losses in another as mixed data and an uncertain future weigh on prices. On the economic front, the data is positive but there are signs the recovery is weakening.
The most telling is a rise in first-time jobless claims. The rise in short-term unemployment is due to rising numbers of COVID-19 cases and could be the precursor to another shutdown. The last economic shutdown cost the U.S. economy 32% in GDP and put more than 20 million people out of work. Another shutdown could be just as bad if not worse. Until then, the outlook for earnings continues to brighten and should keep the indices trading at near all-time highs if not setting new ones.
Featured: Turn $1,000 into $461,800 - with "New Type of Weapon" (BehindtheMarkets) 
|
Markets | | | Diversified energy materials development company Westwater Resources, Inc. (NASDAQ: WWR) stock has recently surged on the electric vehicle (EV) stock mania. Shares are looking to wildly outperform the benchmark S&P 500 index (NYSEARCA: SPY). As money flows into EV related companies ranging from ... Read the Full Story |
|
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.
|
|
Politics | | | The European Union has committed to be “creative” in the final stages of the Brexit trade negotiations but warned that whatever deal emerges, the United Kingdom will be reduced to “just a valued partner,” far removed from its former membership status Read the Full Story |
|
Politics | | | Britain’s Treasury chief is being urged to resist calls to cut the proportion of money the government allocates to overseas aid as he prepares to unveil the damage to the public finances wrought by the coronavirus pandemic Read the Full Story |
|
|
Markets | | | China is stepping up virus inspections on imported food packaging as cooler weather brings new waves of coronavirus infections in several overseas countries, Chinese officials said Wednesday.
Packaging is “not exempt" from carrying the virus, deputy director of the National Food Safet... Read the Full Story |
|
Markets | | | China is stepping up virus inspections on imported food packaging as cooler weather brings new waves of coronavirus infections in several overseas countries, Chinese officials said Wednesday.
Packaging is “not exempt" from carrying the virus, deputy director of the National Food Safet... Read the Full Story |
|
From Our PartnersWe've spent over 40 years building an A.I. that can rival even the best minds on Wall Street.
This advanced technology automatically recognizes patterns and improves its algorithm to pick the best trade.
Want to make your trading more comfortable AND more profitable as you navigate this ever-changing market? | | Attend our FREE live class now! |
|
Markets | | | Social media platform Pinterest, Inc. (NYSE: PINS) stock has surprised the markets blowing away analyst expectations even after the heads up from Snapchat (NASDAQ: SNAP) earnings. The platform grew its global users to over 442 million. The visual discovery platform where people post up inspirational... Read the Full Story |
|
Politics | | | With major COVID-19 vaccines showing high levels of protection, British officials are cautiously — and they stress cautiously — optimistic that life may start returning to normal by early April.
Even before regulators have approved a single vaccine, the U.K. and countries across Europ... Read the Full Story |
|
Markets | | | Anaplan, Inc; A Small-Cap Tech Growth Story
Anaplan, Inc (NYSE:PLAN) is emerging as a small-cap growth story for 2021 and beyond. The company operates a cloud-based SaaS platform that connects disparate segments of business for planning purposes. This may not sound like much but when it comes to co... Read the Full Story |
|
Markets | | | There are a lot of excellent companies that will benefit from pent up demand, but eBay (NASDAQ: EBAY) isn’t one of them. Nevertheless, eBay shares have a chance to turn into one of the best investments of 2021.
Read the Full Story |
|
Markets | | | Cloud-based customer engagement platform eGain Corporation (NASDAQ: EGAN) shares were punished on its Q1 Fiscal 2021 earnings release. While still trading above its pre-pandemic February highs, it’s still outperforming the benchmark S&P 500 index (NYSEARCA: SPY). As we get closer to ... Read the Full Story |
|
The Early Bird Stock Of The Day Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; InnoSwitch IC for electric vehicles; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California. | | View Today's Stock Pick |
|
