Good MorningThe S&P 500 marched upward to set another new all-time high in the wake of a Democratic sweep of Senate seats in Georgia. The index did not hold the gains, however, as mounting violence in Washington D.C. raised the specter of political instability. The National Guard was called in to tamp down violence associated with pro-Trump rallies and worse could soon follow. The S&P 500 closed up for the day but with half the gains it posted earlier in the session.
Despite the turmoil in Washington, traders have their eyes on the upcoming earnings season. The first reports for the calendar 4th quarter cycle are already in and point to another round of better than expected results. The risk for the market is that earnings strength may already be priced into the indices. If the average S&P 500 fails to beat by a wide enough margin a market correction could easily follow.
Featured: The safest stocks in America (Investing Daily) 
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Politics | | | Asian shares were mostly lower Wednesday as surging virus counts and China-U.S. tensions weighed on sentiment.
Hong Kong’s Hang Seng dropped 0.3% after authorities arrested dozens of pro-democracy figures, including lawmakers. A move by the Trump administration to further sanction Ch... Read the Full Story |
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From Our PartnersPlant-based foods have become a solid growth industry. As the vegan revolution continues to boom, stocks within the space could be poised for big moves! | | | | Continue Reading |
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Politics | | | World shares were mixed and U.S. futures declined Wednesday as investors awaited full results of a Senate runoff election that will determine whether Democrats take control of both houses of the U.S. Congress.
Benchmarks edged higher in Europe. Shares traded lower for most of the day... Read the Full Story |
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Politics | | | North Korean leader Kim Jong Un admitted that his economic development plans have failed as he opened the nation’s first full ruling party congress in five years, state media reported Wednesday.
In an opening speech at the congress that began Tuesday, Kim said that “almost all sectors... Read the Full Story |
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From Our PartnersFormer Wall Street whiz kid says there's one small company at the epicenter of the $3 TRILLION electric car boom... and very few people are paying attention to it right now. | | REVEALED HERE |
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Markets | | | Cryptocurrency mining company Marathon Patent Group (NASDAQ: MARA) stock has exploded in the past few months thanks to the surge in Bitcoin (BTC) values. While there are a number of thinly traded blockchain ETFs, Bitcoin has yet to have an SEC approved tracking ETF. Mining rig component makers like ... Read the Full Story |
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Politics | | | BANGKOK — Authorities in Thailand say they plan to expand coronavirus testing to thousands of factories in a province near Bangkok as they reported 365 new cases around the country and one new death.
Authorities have focused their efforts on migrant workers in Samut Sakhon, a province... Read the Full Story |
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From Our PartnersIf you're worried about why stocks are surging while millions of Americans are out of work and commercial bankruptcies are skyrocketing, I strongly urge you to listen to this message. | | Click here to get the full story. |
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Tech | | |
It’s safe to say that semiconductor stocks are well-positioned to have a big 2021. With market tailwinds driving strong demand for the high-tech chips that power digital devices, the sector could continue to see huge gains moving forward. When you consider the fact that more people are worki... Read the Full Story |
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Markets | | | Neil Young has become the latest musician to strike gold with his song catalogue, selling a 50 percent stake in his music to a British investment company in a deal announced on Wednesday.
The Hipgnosis Songs Fund said it had acquired half of the copyright and income interests in some ... Read the Full Story |
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Markets | | | Uranium and rare earths exploration and mining company Energy Fuels, Inc. (NYSE: UUUU) stock has seen a resurgence in late 2020. The surge can continue into 2021 due to a perfect storm of catalysts including the Biden administration clean energy agenda, U.S. uranium reserves plan, ESG thematic inves... Read the Full Story |
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Markets | | |
2020 was, without doubt, a watershed year for retail. Forced to close virtually everywhere back in March—except, perhaps ironically, virtually—and then left to remain closed sporadically throughout the rest of the year, making a buck by offering people goods and services became a pasti... Read the Full Story |
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Markets | | | We’ve still got a solid quarter or two to go before we can start talking seriously about a full recovery but that talk is on the horizon. In that light, seeking out some of the better plays for the reopening is a good idea and Lamb Weston (NYSE:LW) is one of them.
Read the Full Story |
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The Early Bird Stock Of The Day Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage, as well as renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation. | | View Today's Stock Pick |
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