Good MorningThe equity market ended the fourth down week in a row on a very positive note. The major indices extended Thursday’s rebound to post gains in the range of 1.0% across the board. The rebound was led by the tech sector with Apple at the fore with one thing in mind; the third-quarter earnings cycle.
The analysts have already been upping their estimates for the 3rd quarter but the signs are clear the consensus targets are still too low. Reports from Costco, Nike, and CarMax were not only stronger than expected but show signs of acceleration. It will be a few more weeks until peak season is upon us but it looks like the correction is over. Until then, investors should be prepared for news-driven volatility. The biggest risk is to the upside. If Congress passes another stimulus bill the market should react favorably.
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With market volatility on the rise again and signs that an economic recovery might take longer than initially expected, now is the perfect time to look towards consumer staples for investment opportunities. These stocks are interesting because they are companies that produce essential goods that p... Read the Full Story |
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From Our PartnersThe world's most successful tech industry giants are all clamoring to get their hands on a new piece of technology. It could be bigger than all of those. If history is any indicator, you could be looking down the barrel of 5,000% profits or more. Companies all over the world are funneling as much money as they can into what Bill Gates calls, "the holy grail" of modern technology. | Act now. |
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The frantic race to be first to market with a coronavirus vaccine just got a new competitor, and that's a point that's giving many out there a cause to sigh with relief. While we've seen some of the greats hit that Phase 3 testing position, now there's one more to hit that high ceiling, and it's N... Read the Full Story |
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Markets | | Cal-Maine (NASDAQ:CALM) investors haven’t had an easy time of it over the past quarter. The stock was set up to advance on an expectation of dividend reinstatement but events out of anyone’s control had the oppositive effect. Read the Full Story |
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From Our PartnersI've found a tiny Maryland company with a revolutionary new marijuana profit-sharing "plan". It's consistently sending out payouts of $14,394 or more. And the best part? This company is legally obligated to share 90% of its marijuana profits with investors. And there's no limit to how much you can collect. | Get the full story here now. |
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Markets | | Loan servicing company Navient (NASDAQ: NAVI) shares have been underperforming the benchmark S&P 500 index (NYSEARCA: SPY) during the market recovery. This weakness is driven by many of the same factors causing bank and financial stocks to sell-off. However, NAVI has a fintech appeal to it... Read the Full Story |
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Markets | | Even as Wall Street stares down the barrel of its fourth red week in a row, there’s one company that’s looking to close out their third straight week of gains. Bed Bath & Beyond (NASDAQ: BBBY) shares have stayed out of the limelight this past summer but have still done some serious w... Read the Full Story |
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From Our PartnersMembers of a secret club are wielding a big trading weapon. Allowing them the potential to take Free Rides on timed biotech stock explosions! Click here to jump in on this biotech stock “free ride” | | Continue Reading |
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The Early Bird Stock Of The Day Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry and other items. The company offers jewelry collections, engagement rings, and wedding bands. It also sells watches, home and accessories products, and fragrances; and wholesales diamonds and earnings. The company sells its products through retail, Internet and catalog, business-to-business, and wholesale distribution channels. As of January 31, 2020, it operated 124 stores in the Americas, 91 stores in the Asia-Pacific, 58 stores in Japan, 48 stores in Europe, and 5 stores in the United Arab Emirates. Tiffany & Co. was founded in 1837 and is headquartered in New York, New York. | View Today's Stock Pick |
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