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: The Top 5 Stocks to Buy and Hold Now (Marketing Dynamics) 
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This week saw the markets surge to pre-pandemic levels as earnings reports continued to be solid. Meanwhile, hopes rose for a vaccine by the end of the year, and a stimulus plan in the interim. Then a major selloff in the tech sector sent everything crashing down. And all of that set the stage for... Read the Full Story |
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“When they’re crying, you should be buying. When they’re yelling, you should be selling.” This old stock market adage can serve investors well, particularly during sharp market downturns like we’ve seen the past few days. It can be difficult to determine why exactly t... Read the Full Story |
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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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From Our PartnersThe coronavirus knocked the wind out of stocks. But there are 5 Companies that could be HUGE in 2020 and 2021! Time to get your FREE Report on these 5 Companies that could DOMINATE! (Tickers Included) | | View the stocks here |
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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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Markets | | Lagging Tilly’s Is Ripe For Melt-Up
Share’s of Tilly’s (NYSE:TLYS) went on a wild ride following the 2Q earnings release. The news wasn’t all that great, not compared to what we’ve seen from other retailers, but when you dig into the numbers the investment picture beco... Read the Full Story |
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From Our PartnersIf you’ve got money invested in the market – and especially in popular tech stocks – this is critical information for the days ahead… Watch the Video
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The Early Bird Stock Of The Day Mizuho Financial Group, Inc., together with its subsidiaries, engages in banking, trust, securities, and other businesses related to financial services in Japan, the Americas, Europe, Asia/Oceania, and internationally. It operates through Retail & Business Banking Company, Corporate & Institutional Company, Global Corporate Company, Global Markets Company, Asset Management Company, and Others segments. The company provides deposit products; syndicated, housing, and card loans; business matching services; and advisory services related to overseas expansions, and mergers and acquisitions-related services. It also offers consulting services, including asset management and asset succession; payroll services; and sells lottery tickets issued by prefectures and ordinance-designated cities. In addition, it offers fund management, underwriting of equity and bonds, risk hedging products, etc. for corporate customers; solutions based on capital management, business strategy, and financial strategy; real estate services; advisory services and solutions, such as advice on proposals on various investment products to financial institutions; and financial services that include funding support and public bonds underwriting. Further, the company offers corporate finance and transaction banking srvices; sales and trading services; investment products; pension funds; and ALM and investment services, including stable capital raising and balance sheet management, as well as management of fixed income, equity, and other securities portfolios. Additionally, the company provides online banking, cash management solutions, currency transaction, trade finance, custody, yen correspondence settlement, and research and consulting services; trust, securitization and structured finance, and stock transfers; and private banking and information technology-related services. Mizuho Financial Group, Inc. was founded in 2000 and is headquartered in Tokyo, Japan. | View Today's Stock Pick |
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