Good MorningThe S&P 500 made a modest gain on Thursday to close out the holiday week with barely any movement at all. The broad market index appears to be waiting for its next cue and it could come at any time.The Dow Jones Industrial Average and NASDAQ Composite both closed in a similar position with all three trading at recently set all-time high levels.
Next week traders need to be on the lookout because the markets may not stay so quiet. The stimulus bill is headed to President Trump’s desk and there is still no indication if he’ll sign it. Even if he does sign it, the market could be faced with a sell-the-news event. Key events for the week that are not politically driven include the Chicago Purchasing Managers Index, Pending Home Sales, and initial jobless claims.
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Politics | | European Union ambassadors are convening on Christmas Day to start assessing the massive free-trade deal the EU struck with Britain that should kick off next next week when the acrimonious Brexit divorce process comes to an end Read the Full Story |
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Politics | | Stocks rose in China and were little changed in Japan on Friday with most world markets closed for Christmas holidays.
The mixed session followed an advance during Wall Street's shortened Christmas Eve trading as investors began the holiday weekend seemingly untroubled over President... Read the Full Story |
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Markets | | Air carrier American Airlines Group, Inc. (NYSE: AAL) stock is undergoing a late-stage rally with COVID-19 vaccine distribution is underway. With shares still trading at nearly half its pre-COVID-19 highs, the stock is dramatically underperforming the benchmark S&P 500 index (NYSEARCA: SPY). Thi... Read the Full Story |
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Last week Coca Cola (NYSE:KO) announced plans to eliminate more than 2,000 jobs as the beverage company continues to grapple with the impacts of the COVID-19 pandemic. The move is part of a broader plan to reorganize the century-plus old behemoth into a more modern and nimble entity.
Coke's restr... Read the Full Story |
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Politics | | Japan aims to eliminate gasoline-powered vehicles in about 15 years, the government said Friday in a plan to achieve Prime Minister Yoshihide Suga’s ambitious pledge to go carbon free by 2050 and generate nearly $2 trillion growth in green business and investment.
The “green growth s... Read the Full Story |
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Politics | | ATLANTA — The United States will require airline passengers from Britain to get a negative COVID-19 test before their flight.
The U.S. is the latest country to announce new travel restrictions because of a new variant of the coronavirus that is spreading in Britain.
T... Read the Full Story |
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Tech | | BEIJING — Authorities in China’s northeastern port city of Dalian are testing millions of residents after seven new coronavirus cases were reported there in the last 24 hours.
The cluster that has emerged in recent days has grown to 12 cases. In five neighborhood divisions, authoriti... Read the Full Story |
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Markets | |
When you start to think about all of the different applications for cloud software in the world, it’s easy to see why investors have been scooping up shares of companies in the sector. Cloud computing helps companies achieve better business efficiencies, more flexibility, cost savings, incre... Read the Full Story |
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Markets | | Department store retailer Kohl’s Corporation (NYSE: KSS) shares have made a buoyant recovery nearly doubling since being featured in our November 9, 2020, MarketBeat Original article “Kohl’s (NYSE: KSS) Stock is a Sleeper Buy” The migration to digital has certainly improved t... Read the Full Story |
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Markets | |
Back in August, Beazer Homes (NYSE: BZH) staged a powerful breakout, with the move coming on high volume and the closing price right around the day’s highs.
After slowly, but steadily increasing for much of the fall, Beazer formed a four-week base between mid-November and mid-December. On T... Read the Full Story |
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The Early Bird Stock Of The Day Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades. Its Geospatial segment provides surveying and geospatial products, and geographic information systems. The company's Resources and Utilities segment offers precision agriculture products and services, such as guidance and positioning systems, including autonomous steering systems, automated and variable-rate application and technology systems, and information management solutions; manual and automated navigation guidance for tractors and other farm equipment; solutions to automate application of pesticide and seeding; water solutions; and agricultural software. Its Transportation segment offers solutions for long haul trucking and freight shipper markets; mobility solutions comprising route management, safety and compliance, end-to-end vehicle management, video intelligence, and supply chain communications; and fleet and transportation management systems, analytics, routing, mapping, reporting, and predictive modeling solutions. The company was formerly known as Trimble Navigation Limited and changed its name to Trimble Inc. in October 2016. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado. | View Today's Stock Pick |
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