Good MorningInvestors cheered the inauguration of President Joe Biden for the stability he is expected to bring. The S&P 500 moved up nearly 1.5% to set a new all-time high and confirming the latest uptrend is still intact. The move was led by a 2.0% gain in the tech-heavy NASDAQ Composite that owes its strength to the FAANG names, Netflix the number one among them. The warning for investors is that technical signals reveal a weak and overextended market ripe for a correction.
Shares of Netflix helped lift the entire market after the company reported its calendar Q4 earnings. The company reported over 8 million new subscribers in the quarter bringing the total to over 200 million for the first time on record. The news is not only good for Netflix but proves the thesis that tech will be a winner in 2021.
Featured: Undiscovered Biotech Could Create Massive Profits (Investing Daily) 
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Politics | | | Asian shares were mostly higher ahead of Joe Biden's inauguration as U.S. president Wednesday, though worries about surging coronavirus cases sapped the Japanese market's early gains.
Japan's benchmark Nikkei 225 slipped 0.4% to finish at 28,523.26. Australia's S&P/ASX 200 added 0... Read the Full Story |
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From Our PartnersThe world's addiction to plastic coffee pods is a major headache for the environment. One company is fixing the problem with a truly compostable beverage pod that’s about to rapidly be commercialized! | | | | Continue Reading |
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Politics | | | Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as U.S. president. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases.
Japan's benchmark Nikkei 225 lost early gains to slip 0.4% in morning trading to 28,515.21. Austral... Read the Full Story |
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Markets | | | Semiconductor company Advanced Micro Devices (NASDAQ: AMD) stock has been both a pandemic winner and a recovery play as it reached all-time highs in 2020. However, shares but have been struggling in 2021 Read the Full Story |
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From Our PartnersThe Awakening is starting right now. Find out why PayPal just joined the wealth-creating tsunami that is about to surge through the economy in 2021. The last time such a major market event happened, it minted 18,000 new millionaires. | | Here's the story. |
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Politics | | | Dozens of U.K. music stars including Elton John, Ed Sheeran and conductor Simon Rattle say musicians have been “shamefully failed” by the British government, which has left them facing post-Brexit restrictions on touring in the European Union Read the Full Story |
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Politics | | | Global shares were mostly higher ahead of Joe Biden's inauguration as U.S. president Wednesday, though worries about surging coronavirus cases sapped the Japanese market's early gains.
France's CAC 40 added 0.2% to 5,607.84 in early trading, while Germany's DAX rose 0.2% to 13,848.56.... Read the Full Story |
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From Our PartnersBiotech and biopharma have been at the forefront of new discoveries. Now there’s a new discovery that is about to revolutionize the marijuana space. Learn how early investors could see major returns! | | | | Continue Reading |
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Politics | | | Premier Giuseppe Conte is working to solidify his majority in parliament after narrowly winning a Senate confidence vote after a junior coalition ally yanked his support over Conte’s handling of the coronavirus pandemic Read the Full Story |
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Markets | | | Clean energy technology company Fusion Fuel Green (NASDAQ: HTOO) stock was reversed merged with a special-purpose-acquisition-company (SPAC) HL Acquisition and started trading on Dec. 24, 2020 under the current symbol. Read the Full Story |
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Markets | | | One technology company based in China that offers investors exposure to online and mobile gaming looks like a great buy at the moment. NetEase (NASDAQ:NTES) started as a software development company back in 1997 Read the Full Story |
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Markets | | | COVID-19 Underpins Fastenal Results
Fastenal (NASDAQ:FAST) reported an OK quarter but not a great one and one with a puzzling surprise. While the homebuilding market seems to be ramping up sales of fastener products are lagging. The good news for Fastenal is its diversified product line which inclu... Read the Full Story |
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Markets | | | You may think that rocketing prices is the biggest trend in cryptocurrency this year but you’d be wrong, it’s defi. Rocketing prices are certainly something to get excited about but the underlying cause is defi. Read the Full Story |
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The Early Bird Stock Of The Day Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts. The Conferences segment offers executives and teams in an organization the opportunity to learn, share, and network. The Consulting segment offers market-leading research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut. | | View Today's Stock Pick |
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