Good MorningEquities continued to rebound on Tuesday with the S&P 500 up more than a half of a percent at the high of the session. The move has the index within a quarter percent of the all-time high and a new all-time high could be set this week. The reason is better than expected earnings from key index members such as Johnson & Johnson. Johnson & Johnson reported better than expected revenue and earnings and raised guidance for the year sending its shares up more than 2.5%.
Wednesday’s trading should be more of the same with reports from Netflix, Abbott Laboratories, and The WD-40 Corporation to lift sentiment. If the index sets a new all-time high it will likely attract new money and send the market even higher, if not investors may need to prepare for another round of selling. While the average S&P company is beating their consensus estimates results are not even across the 13 S&P sectors.
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Markets | | | Global stock markets were mixed Wednesday after Wall Street advanced on strong corporate earnings and Japanese exports weakened.
London and Shanghai declined while Tokyo and Frankfurt advanced. The future for Wall Street's benchmark S&P 500 index was off less than 0.1% after five ... Read the Full Story |
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Politics | | | Asian stocks rose Wednesday after Wall Street advanced for a fifth day on strong corporate earnings.
Shanghai, Tokyo, Hong Kong and Sydney advanced. Seoul declined.
Wall Street's benchmark S&P 500 index rose 0.7%, propelled by health care and tech stocks.
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Markets | | | Having conviction in a stock is a lot easier when you know that some of the best and brightest equity analysts on the street have recommended it. While you should never invest in a company solely based on an analyst report, it does pay off to use them for research purposes and to learn more about a ... Read the Full Story |
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From Our PartnersTech Futurist who uncovered Tesla says: New "Forever Battery" is here and it is disrupting the $3 trillion EV Revolution in 2021. | | Click HERE to learn more.. |
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Markets | | |
Enterprise information technology giant SolarWinds Corporation (NYSE: SWI) stock has been recovering from the infamous SUPERNOVA hack disaster nearly a year ago. Shares are still trading down (-35%) on the year, which leaves more upside for patient investors. The Company is a poster child of misma... Read the Full Story |
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Even a mega-cap juggernaut like Apple (NASDAQ: AAPL) isn’t immune to the occasional market-driven or company-specific downturn. It’s just that it doesn’t happen very often. And when it has, it has turned out to be a reliable buy opportunity time and time again.
This year has bee... Read the Full Story |
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Politics | | | A U.N.-backed study has found that the world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels Read the Full Story |
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Politics | | | A former California pollution regulator is being nominated to run the nation's highway safety agency.
President Joe Biden on Tuesday announced his intention to nominate Steven Cliff, who has served as deputy administrator of the National Highway Traffic Safety Administration since Fe... Read the Full Story |
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Politics | | | More than six weeks after promising a new vaccination-or-testing rule covering the millions of Americans at companies with 100 or more workers, President Joe Biden’s most aggressive move yet to combat the COVID-19 pandemic is almost ready to see the light of day.
An obscure White Hou... Read the Full Story |
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It's always fun to use "reverse" psychology on your kids: "Don't you dare clean your room!" Sure enough, they run up the stairs, laughing hysterically, to make their beds and shove half of their toys in the closet.
If only it was that easy with money: "Don't you dare spend too little this month!"... Read the Full Story |
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Global paper products giant International Paper (NYSE: IP) stock peaked at $61.80 on June 4, 2021, before falling to $51.89 lows. Demand for renewable fiber-based packaging, pulp, and paper products continues to accelerate causing a divergence in share prices. The pandemic was a boon for Internati... Read the Full Story |
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The Early Bird Stock Of The Day Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services. It also provides independent leisure travelers bundled packaged-tour products comprising group, semi-group, and customized and packaged tours with various transportation arrangements, including air, cruise, bus, and car rental services. In addition, the company offers integrated transportation and accommodation services; destination transportation and ticket, activity, insurance, visa, and tour guide services; user support, supplier management, and customer relationship management services; and in-destination products and services. Further, It provides its corporate clients with business visit, incentive trip, meeting and conference, travel data collection and analysis, and industry benchmarking solutions; and Corporate Travel Management System, an online platform that integrates information management, online booking and authorization, online inquiry, and travel reporting systems. Additionally, the company offers online advertising and financial services, such as marketing planning and travel media services. It operates under the Ctrip, Qunar, Trip.com, and Skyscanner brands. The company was formerly known as Ctrip.com International, Ltd. and changed its name to Trip.com Group Limited in October 2019. Trip.com Group Limited was founded in 1999 and is based in Singapore. | | View Today's Stock Pick |
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