Good MorningEarnings from big tech were not enough to get the markets shooting higher on Friday. Blow-out reports from Apple and Google along with less-robust but still, better-than-expected reports from Facebook and Amazon failed to spark a major rally but the news is not all bad. Friday’s market action may have started off slow but by the end of the day, bullish momentum had the S&P 500 trading at the highs of the session.
The takeaway for investors and traders is this: the market did not want to be short going into the weekend. While not a guarantee of future results, it suggests a generally bullish attitude and an expectation the indices will begin moving higher in the coming days. The next major hurdle for the market will be next week's economic data. The key read will come on Friday with the non-farm payrolls report and there is a growing concern the labor markets have deteriorated over the last month.
Featured: Stock Market Hack: Trade before Wall Street can get in (Investpub (Wealthpress campaigns)) 
|
Markets | | |
When you first think about e-commerce stocks, names like Amazon (NASDAQ: AMZN), Alibaba (NYSE: BABA), and Shopify (NYSE: SHOP) probably come to mind. These companies are certainly Wall Street darlings that have generated massive returns, but sometimes its best to look for the next big thing if you... 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 | | |
It's undoubtedly tempting to focus attention and investment alike on pharmaceutical stocks that are hunting the coronavirus cure, but in so doing, it's easy to miss out on other big gains potentially available in the market. Gains with much less fanfare but no less solid results; gains like those ... Read the Full Story |
|
Markets | | | That Was Then, This Is Now
There’s been growing speculation that tech, and specifically software, are in a bubble. The biggest comparison is the mad run-up to all-time highs set in the 1999/2000 time period but I have to say, that was then and this is now. Then, the market was speculating on ... Read the Full Story |
|
|
Markets | | | When the COVID-19 pandemic struck executives at Weyerhaeuser (NYSE: WY) were quick to react. The pandemic sparked an immediate and unknown dip in demand, in order to protect the company they went to drastic lengths. Read the Full Story |
|
Markets | | | Kemper (NYSE: KMPR), a provider of property, casualty, life, and health insurance in the United States is sitting near 2020 highs with earnings set to be released on Monday.
The pandemic has led to a few challenges for Kemper, but all in all, the business has held up nicely.
Is it worth getting in... Read the Full Story |
|
From Our PartnersIn just a few minutes, there will be a meeting with three “under-40 millionaire” traders. And they’re discussing something that no one’s ever seen before. | | | | Get in on this, quietly, right here. |
|
The Early Bird Stock Of The Day Quest Diagnostics Incorporated provides diagnostic testing and services in the United States and internationally. The company develops and delivers diagnostic information services, such as routine, non-routine and advanced clinical testing, anatomic pathology testing, and other diagnostic information services. It offers diagnostic information services primarily under the Quest Diagnostics brand, as well as under the AmeriPath, Dermpath Diagnostics, ExamOne, and Quanum brands to physicians, hospitals, patients and consumers, health plans, government agencies, employers, retailers, pharmaceutical companies and insurers, and accountable care organizations through a network of laboratories, patient service centers, phlebotomists in physician offices, call centers and mobile phlebotomists, nurses, and other health and wellness professionals. The company also provides risk assessment services for the life insurance industry; and healthcare organizations and clinicians information technology solutions. Quest Diagnostics Incorporated was founded in 1967 and is headquartered in Secaucus, New Jersey. | | View Today's Stock Pick |
|
