Good MorningThe market held relatively steady on Thursday following Wednesday’s deep decline. The S&P 500 held within a fairly tight range despite dropping 0.20% at the open. By the end of the day, what losses there were had been regained and the rebound was led by tech. The tech-heavy NASDAQ Composite finished the session up more than 0.50%.
With the market in a wait-and-see mode, the only thing to do now is to wait and see. The good news is that we may not have much longer to wait. One of the biggest uncertainties facing the market is the outcome of President Trump’s attempt to reverse the election. The electoral college is slated to meet in just a few days and is expected to certify the vote in favor of Joe Biden. With that out of the way, the next big market move will come down to two things; the pandemic and the stimulus.
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Politics | | | President-elect Joe Biden is set to nominate Katherine Tai to be the top U.S. trade envoy, according to two people familiar with his plans.
Tai, who is chief trade counsel for the House Ways and Means Committee, will be tapped as the U.S. Trade Representative, according to the two peo... Read the Full Story |
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Politics | | | Britain’s foreign minister said Thursday that negotiations on a trade deal with the European Union will reach a “moment of finality” this weekend, with both sides assessing chances of an agreement as slim.
Foreign Secretary Dominic Raab said the Sunday deadline set by Britain and the ... Read the Full Story |
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Tech | | | S&P DJ Indices is removing 21 Chinese companies from its indexes, or groups of stocks and bonds used to track financial market movements, after Americans were barred from investing in them as part of a feud with Beijing over technology and security.
The Chinese government critici... Read the Full Story |
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From Our Partners2020 will go down in history as the year to forget. All thanks to the coronavirus, U.S. elections, wildfires, earthquakes, riots in the streets, economic disarray, a wild hurricane season, lockdowns... the list goes on. However, markets have perked back up in these final weeks of the year. All on news we may be nearing a desperately needed vaccine. With things looking up as we head into 2021, here are the top 5 hot stocks to buy and hold immediately. | | Click Here to Download the FREE Report |
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Markets | | | Augmented reality smart glass maker Vuzix Corporation (NASDAQ: VUZI) stock has been a pandemic benefactor outperforming the benchmark S&P 500 index (NYSEARCA: SPY). It’s said that the COVID-19 pandemic has accelerated the migration and adoption of digital technologies and ecommerce by a de... Read the Full Story |
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Politics | | | The leaders of Iran and Afghanistan on Thursday inaugurated the first railway link between the two countries, expressing hope it would enhance trade links across the region.
The 140-kilometer (90-mile) line running from eastern Iran into western Afghanistan will eventually be expande... Read the Full Story |
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Markets | | |
With so many large-cap companies in focus these days, now might be a good time for investors to recall that there are plenty of advantages associated with investing in small-cap stocks. These are companies that have a market capitalization between $300 million to $2 billion and offer tons of growt... Read the Full Story |
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Markets | | | Campbell’s Is A Buy Buy Buy
Campbell Soup Company (NYSE:CPB) is so much more than just soup and it is time that investors wizen up to that fact. The company has been diversifying its portfolio for years and now stands as a leading diversified consumer staple with long-term growth in its sight... Read the Full Story |
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Politics | | | Still spinning their wheels on COVID-19 relief, lawmakers have grabbed a one-week government funding extension that buys time for more talks — though there is considerable disagreement over who is supposed to be taking the lead from there.
Amid the uncertainty, the House easily passed... Read the Full Story |
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Markets | | | The Lovesac Company Is Growing And Growing Strong
The Lovesac Company (NASDAQ:LOVE) is one of those stocks I just happened to run across one day and am glad I did. To call it a microcap is an overstatement. The company’s newly reported Q3 revenue is a mere $75 million and barely a blip on the... Read the Full Story |
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Markets | | |
On the surface, this would seem to be the best possible time to buy in on Best Buy (NYSE:BBY). Pretty much the leading electronics retailer around, going into the height of the holiday season, it's a situation that seems tailor-made to buy in on big profits. So why did Goldman Sachs shift its rati... Read the Full Story |
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The Early Bird Stock Of The Day Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace; Citrix Virtual Apps and Desktops; Collaborative Work Management; Citrix Content Collaboration, a cloud-based file sharing, digital transaction, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops, and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance, which uses machine learning to quantify user experience; Citrix Secure Workspace Access that provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access, which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps. It also provides Citrix ADC that offers application delivery controller, on-premise, in-cloud, and SaaS deployment option solutions. In addition, the company provides customer services, hardware maintenance, consulting, and product training and certification services. The company serves healthcare, financial services, technology, manufacturing, consumer, and government agencies. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. and changed its name to Citrix Systems, Inc. in March 2009. Citrix Systems, Inc. was incorporated in 1989 and is headquartered in Fort Lauderdale, Florida. As of September 30, 2022, Citrix Systems, Inc. was taken private. | | View Today's Stock Pick |
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