Good MorningThe equities market went on a wild ride to end the week on Friday. The broad market S&P 500, led by the tech sector, shed more than 3.0% on an intraday basis only to bounce back by the close. The move is a sign the market is still susceptible to bearishness but that bulls are in control. In the technical sense, Friday’s price action created a very large Hammer Doji which is often considered a sign that selling is over.
The non-farm payrolls report may have played a part in Friday’s action. The report showed 1.4 million new jobs were created in August as the economic rebound continues to roll forward. Unemployment fell more than 1.0% and is now at the lowest level since the pandemic struck. Next week, the markets face a holiday-shortened week but no less important with important reads on consumer and producer-level inflation.
Featured: Possible gains of 540%... on this biotech stock. (WealthPress) 
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Industrial companies that produce things like machinery, equipment, or manufacturing supplies were written off by many investors this year after the Coronavirus crash in March. Since lots of these businesses are cyclical and thrive in a strong economy, the sector has been lagging the overall marke... Read the Full Story |
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Markets | | | The opportunity for investors is two-fold. On the one hand, share prices offer a value, often a deep-value, over comparable stocks. On the other, high short-interest will fuel a sharp short-covering rally in these beaten-up names once the bulls regain control. Read the Full Story |
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Movie theater chain AMC Entertainment Holdings, Inc (NYSE: AMC) shares were hit hard during the pandemic plunge falling as low as $1.95 per share. As the benchmark S&P 500 index (NYSEARCA: SPY) grinds to new all-time highs, shares of the theater chain have rallied over 300% off its low as the ... Read the Full Story |
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From Our PartnersBill Gates says this new technology will single handedly change computing. And it's on the cusp of FDA approval that could send this $4 tech stock soaring -- with gains of 1,000% possible. | | Urgent details here. |
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When we talked about Inovio Pharmaceuticals (NASDAQ:INO) about a month ago, things weren't exactly looking good for the company. While it had some exciting possibilities in its quiver, market forces weren't treating the company well, and investors seemed increasingly skeptical that possibility cou... Read the Full Story |
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Scotts Miracle-Gro (NYSE: SMG) has been the gift that keeps on giving in 2020. Scotts, the largest provider of gardening and lawncare products in the United States, reported earnings in late July that beat expectations and again raised guidance for fiscal 2020.
Grow Your Portfolio With Scotts M... Read the Full Story |
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The Early Bird Stock Of The Day Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance, and reinsurance products worldwide. It operates in two segments, Penn-America and Non-Core Operations. The company distributes property and general liability products for small commercial businesses through a network of wholesale general agents; and property and general liability niche products through program administrators with specific binding authority. It also provides third-party treaty reinsurance for casualty insurance and reinsurance companies through brokers/intermediaries. In addition, the company offers property and general liability products distributed using company administered systems, and includes collectibles, digital direct-to-consumer insurance coverage for owners of collections; and VacantExpress, insurance coverage for owners of properties under construction, renovation, vacant, or rented, distributed through wholesale general agents and retail agents. Global Indemnity Group, LLC was founded in 2003 and is headquartered in Bala Cynwyd, Pennsylvania. | | View Today's Stock Pick |
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