Good MorningDespite a slightly volatile day of trading the S&P 500 reached a new all-time high on Tuesday. Better yet, the broad market index set both a fresh closing high and a fresh intraday all-time high. The move was supported by strong earnings reports from a number of big-name retailers that point to a solid 3rd quarter for many industries.
The question traders are asking now is, what happens next? With the index at a new all-time and trading at near-record valuations, a pull-back or correction is long overdue. Regarding the economic data, new data from the housing sector echo the day’s earnings reports by suggesting the economic rebound is gaining momentum. With that in mind, a pull-back in the index may not be coming and, if it does, it may not be very deep. When and if it doesn't, investors need to have their cash ready. Featured: Urgent Video: Prepare your portfolio for the gold boom (Private Placements) 
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Markets | | Semiconductor manufacturer Advanced Micro Devices (NYSE: AMD) shares are been on fire since competitor Intel (NASDAQ: INTC) indicated a delay in developing its next gen chips during their Q2 2020 earnings release. Read the Full Story |
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Digital advertising has quickly become one of the largest line items for businesses as they prepare their marketing budgets. With consumers devoting more time to their devices than ever before and a seemingly endless amount of data available to help companies create ads that target specific market... Read the Full Story |
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Markets | | Stocks that are positioned to benefit from secular trends, new trends sparked by the pandemic, and the awesomely powerful economic rebound that is now underway. Advance Auto Parts (NYSE:AAP) is one such company. Read the Full Story |
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Markets | | Jaw-Dropping Results From America’s Retailers
Home Depot (NYSE:HD) reported earnings this morning and gave the market everything it wanted and more. Not only did the company post robust growth but growth soundly beat the analyst’s estimates and accelerated from the previous quarte... Read the Full Story |
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Markets | | After basing for two-and-a-half months, Beazer Homes (NYSE: BZH) broke out on above-average volume yesterday. Shares of the homebuilder bounced between $9 and $12 a share between early June and mid-July. Read the Full Story |
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The Early Bird Stock Of The Day Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers. It also provides rail and intermodal transportation services over a network of approximately 20,000 miles serving business centres. The company was formerly known as Canadian Pacific Railway Limited and changed its name to Canadian Pacific Kansas City Limited in April 2023. Canadian Pacific Kansas City Limited was incorporated in 1881 and is headquartered in Calgary, Canada. | View Today's Stock Pick |
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