Good MorningThe stock market ended 2020 on a high note despite a year of unprecedented volatility. The COVID-19 pandemic came out of nowhere and sparked the worst global recession in history. The S&P 500, arguably the world’s most closely watched stock index, gained more than 16% in that time. Investors with the savvy to buy in at the bottom saw gains in excess of 65%.
There is a lesson for investors in the 2020 price charts and the lesson is this; It is far better to stick to a plan and ignore the day-to-day market reactions than buying or selling on every news bite. Yes, the pandemic was scary and had a great impact on the economy but it didn’t alter the underlying trend. The U.S. economy was in the early stages of a major economic expansion before the pandemic hit. It may take a little time to gain momentum but, now that the pandemic is passing, that expansion is ready to resume.
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Markets | | | Wall Street closed out a tumultuous year for stocks with more record highs Thursday, a fitting coda to the market’s stunning comeback from its historic plunge in the early weeks of the coronavirus pandemic.
The benchmark S&P 500 index finished with a gain of 16.3% for the year, or... Read the Full Story |
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Politics | | | Britain’s long and sometimes acrimonious divorce from the European Union ended Thursday with an economic split that leaves the EU smaller and the U.K. freer but more isolated in a turbulent world.
Britain left the European bloc’s vast single market for people, goods and services at 11... Read the Full Story |
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Politics | | | Britain has completed its economic break from the European Union, ending its 48-year partnership with the trading bloc and starting a new and more distant relationship with its continental neighbors.
The formal move came at 11 p.m. Thursday in London. The U.K. left the single market a... Read the Full Story |
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Stocks | | | This makes mid-caps a good choice for companies that have the scale to leverage their operations but are still limber enough to achieve solid growth. With the holidays winding down and a new year upon us, let us reflect on some of the mid-caps to consider decorating your 2021 portfolio with. Read the Full Story |
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Markets | | | Plant-based food company Tattooed Chef, Inc. (NASDAQ: TTCF) stock has been on a tear as it outperforms the benchmark S&P 500 index (NYSEARCA: SPY). The pandemic has accelerated the socially health conscious trend of sustainable plant-based food consumption lead by companies like Beyond Meat (NAS... Read the Full Story |
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From Our PartnersPlant-based foods have become a solid growth industry. As the vegan revolution continues to boom, stocks within the space could be poised for big moves! | | | | Continue Reading |
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Politics | | | BANGKOK — The Thai capital is shutting down venues including schools and entertainment parks as coronavirus cases continue to spread.
Thailand reported 279 new cases on Friday including two deaths.
Seven provinces including Bangkok have been designated red zones where... Read the Full Story |
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Politics | | | LATHAM, N.Y. -- Officials in upstate New York say nine nuns at a convent have died of causes related to COVID-19 in just over a month.
An Albany County spokesperson says in a statement to the Times Union newspaper that officials are aware of the deaths among the Sisters of St. Joseph... Read the Full Story |
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Markets | | | The homebuilding sector, you may have heard, has been one of the biggest winners of the pandemic. The Fed is expected to keep its benchmark short-term interest rate near zero until at least 2023, which means that sub-3% mortgage rates are likely here to stay for a long time. Home prices are at recor... Read the Full Story |
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Stocks | | | While IPO investing can be a tricky endeavor and many of the companies that debuted this year haven’t lived up to their initial expectations, that doesn’t mean that you should overlook the IPO market in 2021. Read the Full Story |
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Markets | | |
As the likes of Alibaba (NYSE: BABA) have found themselves under increasing pressure from Chinese antitrust regulators, other Chinese tech giants like Baidu (NASDAQ: BIDU) have been enjoying their moment in the sun in recent weeks. Only earlier this month we wrote about how Baidu was shaping up fo... Read the Full Story |
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The Early Bird Stock Of The Day BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers. This segment also buys and sells local telephone, long distance, and data and other services from or to resellers and other carriers; and operates consumer electronics retail stores. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada. | | View Today's Stock Pick |
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