Good MorningVolatility returned to the stock market on Friday. The week ended on a down note with the major indices all down more than 2.0% at the lows of the day. The move can be chalked up to growing anxiety that was fueled by Friday’s economic data. While the data is generally positive with income, spending, and manufacturing activity all on the rise there is a dark cloud to be wary of. A surprise jump in core inflation has investors spooked the FOMC’s easy-money zero-interest-rate policy could end sooner than expected.
Next week could be a tough one for investors. The price action in the S&P 500 suggests the index will post lower prices sooner than higher and that is backed up by the VIX. The fear-index surged to multi-month highs early in the week and maybe in a reversal. A rise in the VIX usually coincides with a drop in the S&P 500 and it could be a big one.
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Markets | | Special purpose acquisition company (SPAC) Stable Road Acquisition Corp. (NYSE: SRAC) stock has been on a tear in 2021, up 38% year-to-date (YTD) as of Jan. 23, 2021. Shares took a hit when the much anticipated Virgin Galactic (NYSE: SPCE) second flight test mission failed on Dec. 11, 2020. Space th... Read the Full Story |
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From Our PartnersLike any other investor, I try to buy low and sell high... but the BIG difference with me is that I like to buy just one kind of stock and none other. These unique companies are almost always monopolies. And are mandated by law to make a profit. Not a single company in this entire industry has ever gone out of business-ever. And one last thing: the dividend yields are massive. | Full story inside. |
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Politics | | Global stock prices tumbled Friday amid worries about rising coronavirus cases, Wall Street volatility and U.S. economic aid plans.
London and Frankfurt opened lower while Shanghai and Tokyo also retreated.
Overnight, Wall Street's benchmark S&P 500 index gained 1%,... Read the Full Story |
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It’s fair to say that this earnings season has largely been overshadowed by other big headlines about the stock market. While those stories might be fascinating, investors should not get distracted from several companies that have reported some very impressive numbers. Many of these business... Read the Full Story |
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From Our PartnersIf you've got money invested in the stock market, but are confused as to what to do next...This is the can't-miss interview of 2021... | | Learn more here! |
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This week J&J Snack Foods (NASDAQ:JJSF) reported first quarter earnings that the market found to be somewhat appetizing. The stock rose above the $160 mark for the first time since November only to reverse course in the highest daily trading volume the stock has ever seen.
With so much invest... Read the Full Story |
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Markets | | The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in an unusually severe penalty for a recent corruption case.
Lai Xiaomin of China Huarong Asset Management Co., was among thousands of officials snared in a long-running a... Read the Full Story |
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From Our PartnersThey called the 2020 crash 45 days early. Nobody expects what they're predicting now... | | Learn more here! |
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Politics | | BRUSSELS — The European Union has made public a redacted version of the contract it agreed with the drugmaker AstraZeneca which lies at the heart of a major row over coronavirus vaccine deliveries.
The EU’s executive branch, the European Commission, published the text of the advance p... Read the Full Story |
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Politics | | New statistics show Germany’s job market performed unexpectedly well in January, though lockdown measures meant to slow the spread of the coronavirus continue to leave their mark on Europe’s largest economy Read the Full Story |
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Politics | | AMSTERDAM — The European Medicines Agency says no new side effects linked to the coronavirus vaccine made by BioNTech and Pfizer were identified in the regulator’s first safety update on COVID-19 vaccines.
In a statement published Friday, the European regulator said its expert committ... Read the Full Story |
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Markets | | Nikola (NASDAQ:NKLA), a would-be leader in the EV market, was not immune to the updraft in sentiment and up 100% from its lows. The question is if the updraft for this stock will last, and how far will it go? Read the Full Story |
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Markets | | Tractor Supply Company (NASDAQ:TSCO) was one of the hottest names among the stay-at-home/play-at-home winnerslast year. The company is a modern-day general store for outdoor enthusiasts of all variety from hobby urban gardeners all the way through full-blown agricultural operators. Read the Full Story |
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The Early Bird Stock Of The Day Nuance Communications, Inc. provides conversational and cognitive artificial intelligence (AI) innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people - amplifying human intelligence to increase productivity and security. Its Healthcare segment provides clinical speech and clinical language understanding solutions that improve the clinical documentation process, from capturing the complete patient record to improving clinical documentation and quality measures for reimbursement. Its solutions include Dragon Medical One, cloud-based speech solution; computer-assisted physician documentation; diagnostic imaging solutions; Nuance Dragon Ambient eXperience, a voice-enabled solution; and clinical documentation improvement and coding. The company's Enterprise segment primarily engages in using speech, natural language understanding, and artificial intelligence to provide automated customer solutions and services for voice, mobile, web, and messaging channels. Its solutions include intelligent engagement solutions; Conversational AI; Engagement AI; and Security AI. Its Other segment provides voicemail transcription services. It serves organizations across healthcare, financial services, telecommunications, government, and retail. The company markets and sells its solutions and technologies directly through sales force, as well as through a network of resellers, including system integrators, independent software vendors, value-added resellers, distributors, hardware vendors, telecommunications carriers, and e-commerce Websites worldwide. The company was formerly known as ScanSoft, Inc. and changed its name to Nuance Communications, Inc. in October 2005. Nuance Communications, Inc. was incorporated in 1992 and is headquartered in Burlington, Massachusetts. As of March 4, 2022, Nuance Communications, Inc. operates as a subsidiary of Microsoft Corporation. | View Today's Stock Pick |
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