Good MorningAnother day and another new all-time high were set by the broad market. The S&P 500 crept up throughout the day to close with a gain near 0.50% as traders and investors continue to bet on an economic stimulus bill. As yet, there has been no movement on the bill but reports from Washington continue to stimulate hope. With the holidays fast approaching and lawmakers headed home for the session break a deal may be elusive until early January.
In other news, the economic data continues to come in mixed. On the one hand, the number of jobless claims edged higher over the last week as the number of COVID cases continues to grow. Conversely, the number of housing starts and building permits accelerated from the previous month and beat their consensus estimates in a show of underlying economic strength.
Featured: Wall Street Elites Collude With Media To Cover Up Breakthrough Discovery (Investing Daily) 
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Politics | | | World shares were mostly higher on Thursday, buoyed by hopes the U.S. Congress may finally deliver fresh aid to help American businesses and families weather the pandemic.
Benchmarks rose in Paris, London, Tokyo and Shanghai fell in South Korea.
Investors were encourag... Read the Full Story |
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Stocks | | | China’s Luckin Coffee has agreed to pay a $180 million penalty to settle accounting fraud charges, the Securities and Exchange Commission says.
The SEC charged the company with defrauding investors by misstating its revenue, expenses, and net operating loss to appear to have been mor... Read the Full Story |
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Politics | | | Shares were mostly higher in Asia on Thursday, buoyed by hopes the U.S. Congress may finally deliver fresh aid to help American businesses and families weather the pandemic.
Benchmarks rose in Tokyo, Hong Kong and Shanghai but fell in South Korea.
Overnight, the S&... Read the Full Story |
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Politics | | | Shares were mostly higher in Asia on Thursday, buoyed by hopes the U.S. Congress may finally deliver fresh aid to help American businesses and families weather the pandemic.
Benchmarks rose in Tokyo, Hong Kong and Shanghai but fell in South Korea.
Overnight, the S&... Read the Full Story |
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Politics | | | Ryan Bowser looked somber as he sat in his cramped Oregon apartment, worried whether he, his pregnant girlfriend and her 10-year-old daughter would have a roof over their heads in the new year. It may well depend on state lawmakers.
The family is three months behind on the $1,165 in r... Read the Full Story |
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From Our PartnersAccording to MarketWatch, ordinary Americans are being put on ‘restriction lists’, being banned from using certain businesses. Will you be banned next? Go here to find out. | | | | Continue Reading |
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Markets | | | Mobile and wireless software developer Smith Micro Systems, Inc. (NASDAQ: SMSI) shares have been recovering. Shares are grinding back towards pre-pandemic levels towards a potential triple top which would blunt its performance against the benchmark S&P 500 index (NYSEARCA: SPY). The rollout of 5... Read the Full Story |
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Markets | | |
Consider the impact that social media has had on the world over the last decade. What began as small networks that helped people communicate on the internet has transformed into some of the most widely used digital platforms in the world. According to Statista, roughly three-quarters of the U.S. p... Read the Full Story |
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Markets | | | Camping World (NYSE:CWH) and Lordstown Motors (NASDAQ:RIDE) are both attractive investments in their own right. On the one hand we have a leader in RV sales and supplies while on the other an up-and-comer in the EV industry. Read the Full Story |
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Stocks | | | Sometimes a company's quarterly report gives confirmation one way or the other about the health and prospects of the business. For this reason, investors often wait until after hearing about the recent results and outlook to make a buy or sell decision.
In the past week, there have been several com... Read the Full Story |
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Markets | | | The Toro Company Grows Along With Suburban America
One of the stickiest trends sparked by the pandemic the flight-to-the-suburbs. American’s are fleeing their tight, hard-to-distance in cities in favor of homeownership. Now, not only are American’s with homes spending more time at home,... Read the Full Story |
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