Good MorningEquities traded flat on Thursday following the inauguration of President Joe Biden. The market is hopeful the new administration will bring another round of economic stimulus with it but there is already a snag. The new President’s proposed $1.9 trillion in stimulus spending is already facing pushback from Republican members of Congress. The biggest hurdle is the price-tag, a number that is expected to fall sharply over the coming weeks and weigh on index prices.
In other news, the number of new jobless claims is hanging stubbornly in the 900,000 range as COVID-19 wreaks havoc on labor conditions. Meanwhile, the total number of unemployed persons seeking unemployment assistance fell by 2.4 million over the past week to the lowest level since May. The takeaway for investors is that employment is on the rise although there is still high turnover in the labor market.
Featured: America's Economy Could Be In For A Rude Awakening (IPM) 
|
Politics | | | Global shares mostly rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street.
Hopes are high that President Joe Biden's administration will mean more support for the struggling U.S. economy, starting a recovery that's crucial for the exp... Read the Full Story |
|
From Our PartnersCrypto-craze is in full effect... but don't put any money into Bitcoin before you check out this stock. One tiny $5 stock is poised to skyrocket for the same reasons as cryptocurrencies. But this stock owns hard assets worth 10X its current market cap. Analysts forecast 1,010% gains starting within a few weeks. BTC would have to go above $300,000 to give you the same profits. | | If you're looking for HUGE gains, check THIS out. |
|
Politics | | | Asian shares mostly rose Thursday on optimism over the new U.S. administration that earlier set off a rally on Wall Street.
Hopes are high that President Joe Biden's administration will mean more support for the struggling U.S. economy, starting a recovery that's crucial for the expo... Read the Full Story |
|
Stocks | | | Some stocks warrant more investor attention than others on account of them benefitting from the current environment. Let's take a sneak peak at some of the ones that could creep higher in the days before their reports on expectations of more strong results. Read the Full Story |
|
From Our PartnersIt's NOT bitcoin. It's NOT 5G. It's NOT cannabis. But it could be bigger than all of those. This tech is fresh out of a secretive lab in Boston, and early investors are funneling as much money as they can into it. You could be looking down the barrel of 5,000% profits or MORE. | | Free alert explains. |
|
Markets | | | Semiconductor giant Broadcom (NASDAQ: AVGO) stock been in a powerful uptrend since bottoming out at the height of the COVID-19 pandemic in March 2020. Shares have more than doubled off the lows, rising more than 30% in the last two months of 2020. Read the Full Story |
|
Stocks | | | Many of these stocks offer earnings growth potential as the global economy rebounds and are trading at attractive valuations at this time. It never hurts to add some diversification to your investment portfolio, Read the Full Story |
|
From Our PartnersAnd Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday. | | Click here for the FREE REPORT... |
|
Politics | | | The European Central Bank is looking at a darkening picture for the economy as infections and deaths surge. With more than a trillion euros of pandemic stimulus still in the pipeline, President Christine Lagarde is expected to underline Thursday that the bank has the means keep credit affordable an... Read the Full Story |
|
Stocks | | | Chinese electric vehicle (EV) maker Xpeng (NYSE: XPEV) stock has pulled back from its all-time highs but still continues to outperform the benchmark S&P 500 index (NYSEARCA: SPY). In its limited time as a publicly listed Company (ADRs), it has grown to one of the three most prominent Chinese EV ... Read the Full Story |
|
Tech | | | Google has signed a deal with a group of French publishers paving the way for the internet giant to make digital copyright payments for online news content.
After months of talks, Google France and the Alliance de la Presse d'Information Generale said Thursday that they agreed to set... Read the Full Story |
|
Politics | | | President Joe Biden’s nominee for secretary of transportation, Pete Buttigieg, is pledging to carry out the administration’s ambitious agenda to rebuild the nation’s infrastructure, calling it a “generational opportunity” to create new jobs, fight economic inequality and stem climate change.
... Read the Full Story |
|
Markets | | | Alcoa, A BelLwether No Longer?
Alcoa’s (NYSE:AA) place as a bellwether of the economy has long-passed at least in its importance to the market. The company is no longer hailed as the first major report of the season, and it is no longer used as a gauge of market conditions but I think it shou... Read the Full Story |
|
The Early Bird Stock Of The Day Cemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Security, Industrial Services, and Cemtrex Corporate. The Security segment provides end-to-end security solutions to meet corporate, industrial, and governmental security challenges. The Industrial Services segment offers single-source expertise and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Cemtrex Corporate segment refers to the holding company of the other two segments. The company was founded on April 27, 1998 and is headquartered in Hauppauge, NY. | | View Today's Stock Pick |
|
