Good MorningThe equities market got a double-shot of good news on Tuesday that pushed the S&P 500 to a new post-correction high. The first news was word from Washington DC concerning the COVID-19 pandemic and possible vaccines. The Federal government inked a deal with Pfizer worth $1.95 billion dollars for up to 100 million doses of a yet-to-be approved treatment. Under the terms of the deal, the government could purchase an additional 500 million doses if needed.
The second news comes from Capital Hill. Lawmakers let it be known that right and left-wing negotiators had moved closer to another stimulus bill. Under the new bill, Republican lawmakers would be willing to extend the previously passed $600 a week unemployment to December but at a lower rate. Regardless of the details, investors cheered the news as it means additional support for the economy until a vaccine is approved.
Featured: Could this be the PERFECT 5G stock? (Crowdability) 
|
Stocks | | | The world of penny stocks is a fast and furious place where investors are sure to be kept on the edge of their seats. It’s certainly not for everyone but from time to time technical setups come into play Read the Full Story |
|
From Our PartnersSweeping new legalization could make investors wealthy. FREE Pot Stock Profit Calendar reveals key dates for investors. And it's yours FREE today. | | Click here to download it instantly... |
|
Markets | | |
Although the economy might not seem like it’s in great shape due to the pandemic, people will always need a place to call home. This is part of the reason why looking at the housing market for investment opportunities might be a smart idea at this time. Pending home sales looked very bleak t... Read the Full Story |
|
Stocks | | | In the post COVID landscape, it’s become very easy to see companies that are worryingly exposed to a global pandemic and those who can continue to grow their business and offer attractive returns. One of the most well-positioned industries for the latter group is e-commerce.
With no brick and... Read the Full Story |
|
From Our PartnersMost of the world's richest investors totally ignore company fundamentals like P/E ratios. Those metrics have NOTHING to do with what makes stocks rise or fall. One indicator is far more accurate -- but less than 1 in 1,000 investors have ever heard of it. | | This is how wealth is really made in the stock market today. |
|
Markets | | | Beating The Estimates Again And Again
iRobot (NASDAQ: IRBT) got the market’s attention a month ago when it gave an update on 2nd quarter performance. The company said it saw a huge turn-around in Q2 revenue and updated its revenue target considerably. The actual results, at the risk of soundi... Read the Full Story |
|
Markets | | | O’Reilly Automotive (NASDAQ: ORLY), one of the leading automotive aftermarket parts suppliers, is what many would call a recession-proof company.
When the economy is strong and people are buying new vehicles, the number of automobiles on the road increases, giving ORLY a larger customer base.... Read the Full Story |
|
From Our PartnersImagine getting really good at mastering just ONE simple trade. A trade that appears like clockwork between 9:30-10:45am on most trading days. This free step-by-step guide, by options expert, Dave Acquino, shows you how to spot and take these trades so you can walk away with daily profits! | | CLICK HERE for instant access. |
|
The Early Bird Stock Of The Day NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County, Indiana; and solar generating units in Jasper County and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana. | | View Today's Stock Pick |
|
