Good MorningTraders hoping for a deeper market correction were disappointed on Thursday when the major indices bounced back and bounced back strongly. The S&P 500 led the gains with an advance near 1.35% with the Dow in close second and the NASDAQ Composite not far behind. The move was supported by news House Democrats would move forward with Covid-19 relief with or without help from their Republican counterparts.
In a technical sense, Thursday’s action in the indices was very bullish. The market recovered from a significant loss and confirmed support at a key level. The 30-day exponential moving average is a tool used by short-term traders to gauge the near-term direction of the market and it is moving higher. The bounce on Thursday should be regarded as a trend-following signal although there are risks remaining in the market.
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Markets | | | That’s why doing your homework and putting together several strong reasons why you want to own a company is so vital to your investing conviction. Keep reading below to learn about 3 ‘buy the dip’ stocks to watch if the market pulls back. Read the Full Story |
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Markets | | | Global shares skidded on Thursday as a reality check set in about longtime economic damage from the coronavirus pandemic, giving Wall Street its worst day since October.
France's CAC 40 slipped 0.7% in early trading to 5,422.70, while Germany's DAX dropped 1.2% to 13,463.25. Britain's... Read the Full Story |
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Stocks | | |
For some investors the mid cap dividend space is a great place to find a mix of income and capital appreciation. These investments can be an even more appealing way to go if the company has a history of increasing its dividend payments.
Here we take a look at a few of these so-called mid cap divi... Read the Full Story |
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Markets | | | A Short-Squeeze Of Epic Proportions In GameStop
I am sure by now that most people with an interest in the stock market or even just the news have heard a little about GameStop (NYSE:GME). The stock is more than 1,600% in about two weeks and there is really no telling where it may go from here. No, ... Read the Full Story |
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Stocks | | | With the eyes of both Wall Street and Main Street upon them, GameStop (NYSE: GME) has garnered far more attention in recent weeks than might be expected of a brick and mortar video game retailer. But when their daily volume exceeds that of Apple’s (NASDAQ: AAPL) on the same day that the latter... Read the Full Story |
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Tech | | | Popular short-video Chinese app TikTok is cutting its workforce in India after hundreds of millions of its users dropped it to comply with a government ban on dozens of Chinese apps amid a military standoff between the two countries Read the Full Story |
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Politics | | | JERUSALEM — Israel on Thursday said it was extending coronavirus vaccinations to adults age 35 and older, an expansion of its world-leading drive to vanquish COVID-19.
Health Ministry Director General Hezi Levy said shots would be available to the new age group starting Friday.
... Read the Full Story |
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Politics | | | BERLIN — Germany’s health minister says there are at least “10 hard weeks” ahead amid difficulties in getting large quantities of vaccines.
Health Minister Jens Spahn, who faces political pressure over the slow start to Germany’s vaccination campaign, wrote on Twitter Thursday that Ch... Read the Full Story |
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Markets | | | NAIROBI, Kenya — The Africa Centers for Disease Control and Prevention says another 400 million doses of COVID-19 vaccines have been secured for the continent through the Serum Institute of India.
Africa CDC Director John Nkengasong told reporters that with the new doses, on top of t... Read the Full Story |
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Markets | | | Texas-based Class 8 electric vehicle (EV) powertrain developer Hyliion Holdings Corp. (NYSE: HYLN) stock went public through reverse merger with Tortoise Acquisition Corp on Oct. 1, 2020. Shares peaked at $50 before proceeding to sell-off to a low of $15.33 before bottoming out in late December 2020... Read the Full Story |
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The Early Bird Stock Of The Day Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California. | | View Today's Stock Pick |
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