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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Things are moving fast and we’re not just talking about GameStop (NYSE:GME) stock. The Biden administration continues to sign executive orders that, for better or worse, are outlining his priorities for the next four years. And that has been great for clean energy stocks and perhaps not as g... Read the Full Story |
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Politics | | Another bout of selling gripped the U.S. stock market Friday, as anxiety mounts over whether the frenzy behind a swift, meteoric rise in GameStop and a handful of other stocks will damage Wall Street overall.
The S&P 500 dropped 1.9%, giving the benchmark index its biggest weekly ... Read the Full Story |
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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 PartnersThe Uranium Bull Market has finally arrived and it could be one for the history books. Just like last time when we watched the uranium price shoot all the way to $140. In the immortal musings of all-time Yankee great, Yogi Berra, 'It's Déjà Vu All Over Again!' because this below-the-radar company has secured the fairway tract of land in the Saudi Arabia of Uranium - Canada's famed Athabasca Basin. | Learn more here... |
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Stocks | | Some of these stocks offer investors a way to gain exposure to this fascinating technology with less risk than buying the actual cryptocurrencies themselves. Keep reading below for a brief overlook of 3 stocks to watch that offer exposure to cryptocurrencies. Read the Full Story |
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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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From Our PartnersWall street insider Chris Rowe says, "fortunes will be made, and lost... in what will go down as the greatest stock market event in the last 20 years." | You need to see this ASAP. |
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Politics | | President Joe Biden is warning of a steep and growing “cost of inaction” on his $1.9 trillion COVID relief plan as the White House searched for “creative” ways to win public support for a package that is getting a cold shoulder from Senate Republicans.
In the age of COVID, it’s not as... Read the Full Story |
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Politics | | The European Union has introduced tighter rules on exports of coronavirus vaccines that could hit shipments to nations like the United Kingdom amid a deepening dispute with drugmaker AstraZeneca over supplies of potentially lifesaving shots Read the Full Story |
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Politics | | FORT LAUNDERDALE, Fla. — The predominantly Black farming communities on the shore of Florida’s Lake Okeechobee will get a coronavirus vaccine station.
That announcement Friday came after a public outcry over a decision to give the Publix supermarket chain sole local distribution righ... Read the Full Story |
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Politics | | SEATTLE - The schools chief in Washington state is pushing for teachers to get vaccinated for the coronavirus when it’s their turn but also insisting they get back to classrooms immediately, shot or not.
“The bottom line is a vaccine is a tremendous safety net but it is never the thi... 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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The Early Bird Stock Of The Day Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores. It also provides oven-baked sandwiches, pastas, boneless chicken and chicken wings, breads and dips, desserts, and soft drink products, as well as loaded tots and pepperoni stuffed cheesy breads. Domino's Pizza, Inc. was founded in 1960 and is headquartered in Ann Arbor, Michigan. | View Today's Stock Pick |
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