Good MorningAlthough equity markets ended November with a whimper the month was one of the strongest on record. The S&P 500 alone is up more than 10% for the month and trading at new all-time highs. The Dow Jones Industrial and Transportation Averages both ended the month at new all-time highs pointing to further gains in the year ahead. Although there are still risks to earnings, the outlook for the 4th quarter of 2020 and all of 2021 is brightening by the day.
This week is going to be a big one for the market. There is a raft of economic data due out including the all-important NFP report on Friday. The market is looking for 446,000 net new jobs for the month which is down from the previous 638,000. A weak number could send the market lower but investors should take it with a grain of salt. The consensus 446,000 is weak on a month to month basis but still a very strong gain for the broad economy.
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Markets | | Fuel cell power solutions provider FuelCell Energy, Inc. (NASDAQ: FCEL) stock has exploded to the upside recently on the electric vehicle (EV) momentum. Shares have spiked well over 300% from its February pre-COVID-19 highs handily outperforming the benchmark S&P 500 index (NYSEARCA: SPY). Money... Read the Full Story |
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Markets | | Global shares were mixed Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.
France's CAC 40 fell 0.3% to 5,579.72 in early trading, while Germany's DAX inched up less than 0.1% to 13... Read the Full Story |
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Markets | | Global shares slipped Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.
France's CAC 40 fell 0.6% to 5,563.63 in early trading, while Germany's DAX shed 0.2% to 13,308.11. Britain's... Read the Full Story |
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Markets | | Asian shares slipped Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.
Japan's benchmark Nikkei 225 dipped 0.8% to 26,433.62 as markets throughout the region quickly lost early gain... Read the Full Story |
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Markets | | Leaders of the OPEC cartel are meeting virtually to decide how much oil their members should produce as lockdowns related to the coronavirus continue to stifle demand for crude.
They're expected to extend production cuts well into the new year, in an effort to boost volatile oil price... Read the Full Story |
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Politics | | In late October, Matthew Jones was enjoying a rare “bit of normality” at his London barber shop in a year that has been short on that. He was cutting hair and laughing with colleagues — when the news landed that the business would have to close for the second time.
Jones, 43, endured ... Read the Full Story |
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Markets | | While most of us were still shrugging off our collective post-Thanksgiving turkey coma to get ourselves ready for another week back to work, the folks at Moderna (NASDAQ:MRNA) made some very exciting new gains. Read the Full Story |
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Markets | |
Last week Walt Disney (NYSE:DIS) announced that it will lay off 32,000 employees due to the ongoing effects of the COVID-19 pandemic on its theme park business. This marked a 4,000 worker increase on the company's previously announced layoff plans and highlighted worsening conditions for one of th... Read the Full Story |
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Markets | | This is particularly true for investors in the e-commerce stocks, who have benefited mightily from the coronavirus pandemic. Among them, few have reached the heights that Etsy (NASDAQ: ETSY) has already.
Read the Full Story |
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Markets | | At Home Group (NYSE: HOME) is reporting its Q3 2021 earnings (the period ending October 24, 2020) tomorrow after the bell.
But the company already reported its preliminary numbers on October 29. So, we know what to expect and the reaction tomorrow should be pretty tame, eh?
Not exactly.
To try to... Read the Full Story |
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The Early Bird Stock Of The Day CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, desktop computers, collaboration, data storage and servers, and others; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, as well as warranties; delivers and manages mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois. | View Today's Stock Pick |
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