Good MorningEquities markets tread water for a fourth day this week on Thursday but that is about to change. Market action was simmering in anticipation of earnings from market-leading stocks like Apple, Amazon, Facebook, and Google. Based on the results and the after-hours action the market liked what it saw so investors should brace for another updraft in the market.
The hurdle left to overcome is the all-time high set by the S&P 500 just before the COVID-19 pandemic struck. Based on the earnings it looks like a retest of that level is all but certain but a move to new highs may not be so easy. With the latest round of economic stimulus stalled out in the Senate, a move in the S&P 500 to touch the all-time could be the trigger to start selling once again. For those thinking of Thursday’s record-setting low GDP figures, the outlook for economic growth only gets better from here.
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Stocks | | | High-Yield’s Are Still Easy To Find
One of the many sectors/industries/thesis I’ve been pursuing since the onset of COVID-19 is high-yield. In times of economic trouble, dividend yield is by far the safer play than growth. I don’t want to imply that all high-yield stocks are a buy... Read the Full Story |
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Markets | | | A Perfect Play For Today’s Times
Cars.com (NYSE: CARS) rocketed higher this morning after delivering a much-better-than-expected earnings report. After digging into the company I am not surprised, not surprised in the least. Considering results from Carmax (NYSE: KMX), Sonic Automotive (NYSE:... Read the Full Story |
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Markets | | |
The Finnish company Nokia (NYSE: NOK) reports earnings on July 31. The consensus of analysts is for Nokia to report earnings of 3 cents per share on revenue of $5.63 billion. Both numbers would be a gain from the prior quarter. And the revenue number would be in-line with the company’s resul... Read the Full Story |
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From Our PartnersOne tiny company has created a 5G 'gatekeeper' technology -- just 2mm big -- that could hold hostage the entire $12 Trillion 5G revolution...
the company just secured a CRITICAL 5G patent on their breakthrough device...
and by October 1st, my research says a major smartphone player could buy out this tiny company and hand us a FAST FORTUNE! | | | | Click here for the full story >> |
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Markets | | | Athletic merchandise retailer Hibbett Sports (NASDAQ: HIBB) stock has recovered back to pre-covid-19 levels seen in February 2020 before the pandemic sell-off collapsed the S&P 500 index (NYSEARCA: SPY) benchmark index Read the Full Story |
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Markets | | | A Hurdle Of Their Own Making
Despite what looks like a great rebound in the Canadian cannabis market investors are warned. The entire industry is suffering from a sickness of its own making that has nothing to do with COVID-19. A look at the charts will show you this market took on a decidedly bear... Read the Full Story |
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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... |
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The Early Bird Stock Of The Day AvalonBay Communities, Inc. is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Same Store, Other Stabilized, and Development or Redevelopment. The Same Store segment refers to the operating communities that were owned and had stabilized occupancy. The Other Stabilized segment includes all other complete communities that have stabilized occupancy. The Development or Redevelopment segment consists of communities that are under construction. The company was founded by Gilbert M. Meyer in 1978 and is headquartered in Arlington, VA. | | View Today's Stock Pick |
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