Good MorningStocks fell to end the week on Friday with most major indices in negative territory at the end of the day. The move comes just a day after President-elect Biden revealed his plan to heal the economy and the onset of bank earnings. The banks are reporting better than expected results as a group but results are mixed. JP Morgan Chase beat on the top and bottom lines after releasing nearly $2 billion in capital reserves. Citigroup, on the other hand, only beat on the bottom line.
Looking to next week, the market could be in for a bit of a wild ride. The Q4 earnings season kicks into high gear with reports from dozens of America’s smaller banks as well as some higher-profile names. Reports from JB Hunt, Netflix, and Intel will be closely examined for any signs of weakness in the overall recovery and could lead to volatile trading conditions.
Featured: Brown: Biggest Tech “Shock” Since 2000… (Legacy- BNF Campaigns) 
|
Markets | | |
It was a quieter week in relative terms. Bitcoin was one of the biggest stories as cryptocurrency is drawing renewed interest from speculative investors. President-elect Biden announced plans for more stimulus which has investors cheering more liquidity in the market even as the number of virus ca... Read the Full Story |
|
From Our PartnersWith most investors focused on big tech, a frenzy is quietly erupting in one tiny sector, with gains like 500% in two months and 104% in a single day. | | Click Here... |
|
Stocks | | | these defensive stocks provide a level of downside protection for a well-balanced portfolio. Let's take a look at a few of the strongest grocery store stocks that should be first in line to be plucked off the shelves. Read the Full Story |
|
Markets | | | Bitcoin tracking stock Grayscale Bitcoin Trust (OTCMKTS: GBTC) is an unofficial exchange-traded-fund (ETF) that invests in bitcoin through derivatives to track the price performance of bitcoin (BTC). Technically, the U.S. Securities and Exchange Commission (SEC) has yet to officially approve a bitco... Read the Full Story |
|
From Our PartnersA couple of years ago, we started playing with the massive amounts of data that MarketBeat takes in everyday trying to figure out if there was a way to identify short-term trading wins. By analyzing earnings data, news sentiment, analyst recommendations, insider transactions and dozens of other data points, we think we’ve found an algorithm that finds winning short-term stock ideas.
We call that algorithm the IdeaEngine and its stock ideas are published on MarketBeat All Access every Monday morning. We make one IdeaEngine idea available free every Monday as an SMS alert. We’ll be releasing the first IdeaEngine alert on Monday morning, so make sure you are signed up before then. | | Get MarketBeat’s Free Weekly IdeaEngine Stock Pick |
|
Stocks | | | if we are facing a prolonged recession, buying recession-proof dividend stocks can be an intelligent move for any investor. Keep reading on to learn about 3 recession-proof dividend stocks to buy now. Read the Full Story |
|
Markets | | | Markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year.
Shares fell in Paris, London and Tokyo but advanced in Hong Kong and Shanghai. Most U.S. markets are closed Monday for a national holiday.... Read the Full Story |
|
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 | | | | Continue Reading |
|
Markets | | | Residential real estate digital sales platform Opendoor Technologies, Inc. (NASDAQ: OPEN) has garnered just as much publicity for its special purpose acquisition company (SPAC) reverse merger listing as its product, which is similar to Zillow Read the Full Story |
|
Tech | | | China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections.
Growth in the three month... Read the Full Story |
|
Politics | | | GENEVA —The head of the World Health Organization says it’s “not right” that younger, healthier adults in rich countries get vaccinated against COVID-19 before older people in poorer countries.
Director-General Tedros Adhanom Ghebreyesus kicked off WHO’s week-long executive board meet... Read the Full Story |
|
Politics | | | Britain is to expand the rollout of its coronavirus vaccine program by offering jabs to those over the age of 70 in areas where those deemed to be the most vulnerable have already received their first dose Read the Full Story |
|
Politics | | | BEIJING — A Chinese province grappling with a spike in coronavirus cases is reinstating tight restrictions on weddings, funerals and other family gatherings, threatening violators with criminal charges.
The notice from the high court in Hebei province did not give specifics, but said... Read the Full Story |
|
The Early Bird Stock Of The Day Mimecast Limited provides cloud security and risk management services for corporate information and email. The company offers Mimecast Email Security solution, which protects against the delivery of malware, malicious URLs and attachments, spam, viruses, impersonation attacks, phishing, and spear-phishing attacks, including business email compromise, identity theft, extortion, fraud, and other attacks, while also preventing data leaks and other internal threats, as well as provides awareness training services. It also provides Cyber Resilience Extensions, such as Mimecast Enterprise Information Archiving that unifies email data to support e-discovery, forensic analysis, and compliance initiatives; Mimecast Business Continuity and Sync & Recover, which protects email and data against the threat of downtime as a result of system failure, natural disasters, planned maintenance, system upgrades, and migrations; and Mimecast Web Security service that protects against malicious web activity initiated by user action or malware and blocks access to inappropriate websites based on acceptable use policies. In addition, the company's Cyber Resilience Extensions also comprise Mimecast Secure Messaging, a secure and private channel to share sensitive information; Mimecast Health Care Pack, which prevents breaches and protects against data exfiltration transmissions; and Mimecast Large File Send that enables employees to create security and compliance risks when they turn to file sharing services. Further, it offers Threat Intelligence Dashboard, which displays cyber threat data specific to an organization by identifying users who pose the greatest cyber risk; and Mimecast Mobile and Desktop Apps for mobile, PC, and Mac users, as well as engages in data center operations. The company sells its services through direct sales and channel partners. Mimecast Limited was founded in 2003 and is headquartered in London, the United Kingdom. | | View Today's Stock Pick |
|
