Good MorningThe equity market hovered in a tight range near break-even levels on Thursday as traders digested a better than expected jobless claims report. The weekly total of new jobless claims fell below 1 million for the first time since the U.S. shut-downs started and points to strengthening within the labor market. With employment on the rise, traders are wondering what exactly will happen once the S&P 500 reaches its all-time high.
The real question investors need to be asking is going to happen with the next round of stimulus. The market is at its current level because there is an expectation the next round will come. If it doesn’t, the S&P 500 could easily move down to retest support and possibly as deep as the March low. If it does come and doesn't meet the market's expectation it could also spark another correction.
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Consider how complicated life would be if the majority of business transactions were still handled with physical cash. While it might be hard to imagine, this is the reality for many of the developing countries in the world. American Express believes that roughly 85% of transactions in Latin Ameri... Read the Full Story |
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Markets | | When we see an uptick in violent events in the U.S., gun manufacturers like Sturm Ruger(NYSE:RGR) and Smith & Wesson (NASDAQ:SWBI) tend to rally. But there are also some lesser-known stocks that participate in these rallies. They fall into the non-lethal weapons category.
One such company is Te... Read the Full Story |
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Markets | | Don’t Forget About The Little Guys
I will admit that I have been focusing a lot of my own attention at the larger, blue-chip, dividend companies in my search for the best post-pandemic investments. It makes sense that larger, well-capitalized companies are going to have an easier time of thin... Read the Full Story |
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Markets | | Pop culture toymaker Funko Pop (NASDAQ: FNKO) shares were already suffering prior to the COVID-19 pandemic plunge in February 2020 that plunged the S&P 500 index (NYSEARCA: SPY) by (-34%) in March 2020. We outlined opportunistic pullback levels in previous Funko Pop Shares Have More Upside artic... Read the Full Story |
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Markets | | Bed Bath & Beyond Embraces eCommerce
Bed Bath & Beyond (NASDAQ:BBBY) is no fantastic stock, at least it hasn't been. Over the past few years, it has seen its share prices wind down to a two-decade low as eCommerce and discount shopping cut into revenue. When the pandemic struck, the company... Read the Full Story |
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The Early Bird Stock Of The Day Align Technology, Inc. designs, manufactures, and markets Invisalign clear aligners, and iTero intraoral scanners and services for orthodontists and general practitioner dentists in the United States, Switzerland, and internationally. The company's Clear Aligner segment offers comprehensive products, including Invisalign comprehensive package that addresses the orthodontic needs of younger patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of six and ten years, which is a mixture of primary/baby and permanent teeth. The segment also provides Invisalign moderate, lite and express packages, and Invisalign go and Invisalign Go Plus; retention products, Invisalign training, and adjusting tools used by dental professionals during the course of treatment; and Invisalign Palatal Expander, a 3D printed orthodontic device; and 3D printing solutions. Its Imaging Systems and CAD/CAM Services segment offers iTero intraoral scanning system, a single hardware platform for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and orthodontists software for digital records storage, orthodontic diagnosis, and fabrication of printed models and retainers. This segment also provides Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; Align Oral Health Suite, a digital interface designed to enhance dental consultations; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan, as well as subscription software, disposables, rentals, leases, pay per scan, and CAD/CAM software solutions. The company was incorporated in 1997 and is headquartered in Tempe, Arizona. | View Today's Stock Pick |
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