Good MorningEquities were able to hold their ground again on Thursday marking the 10th consecutive trading day at current price levels. If the index can maintain this level into the close of action today it could lead to a big rally next week. The technical outlook for the S&P 500 suggests another 400 points worth of rally is still ahead or 8.5%. Needless to say, that would make another all-time high in 2021 but there is a risk.
With the Thanksgiving Holiday upon us holiday trading conditions are ruling the market. This means lighter than average volumes and the possibility of increased volume. Next week the market will have a raft of economic data to process. The first read on Q3 GDP is due out on Wednesday and includes several key pieces of economic data.
Featured: Forbes mag says this strategy "like finding money in the street" (Tradewins) 
|
Markets | |
Sometimes a bottom must be reached in order for growth to occur. That’s what a handful of S&P 500 companies are hoping as they look ahead to the new year.
It’s been another memorable record-setting year for the U.S. stock market. For some stocks, however, it’s been a year to... Read the Full Story |
|
From Our PartnersAs oil markets struggle, billionaires bet on “American Energy.” Learn how to claim your early stake on a tech that’s bigger than “green.” | Click here to learn these two steps. |
|
Markets | | Asian stock markets were mostly higher Friday after Wall Street hit a record and Japanese inflation eased.
Market benchmarks in Shanghai, Tokyo and Sydney advanced. Hong Kong declined.
Wall Street's benchmark S&P 500 index advanced 0.3%, putting it on track for a we... Read the Full Story |
|
Politics | | Global stocks were mostly higher Friday after Wall Street hit a record and Japan’s Cabinet approved a record stimulus package worth nearly a half-billion dollars.
London, Frankfurt, Shanghai and Tokyo advanced. Hong Kong declined.
Investors are shifting their focus from... Read the Full Story |
|
From Our Partners6 stocks make up our compound income portfolio, which yields 24 dividend payments a year. Claim our free investment report which details 6 companies in our Forever Dividend Stocks. | Click here for details. |
|
Markets | | The global e-commerce market is expected to grow at a CAGR of 22.9% from 2020 to 2027, and when you stop to consider how the pandemic has accelerated the widespread adoption of online shopping, that estimate might be on the conservative side Read the Full Story |
|
Tech | | Reviving three-way North American summitry after a five-year break, President Joe Biden on Thursday joined with the leaders of Canada and Mexico to declare their nations can work together and prove “democracies can deliver” even as they sort out differences on key issues.
But as Biden... Read the Full Story |
|
|
Markets | | There are plenty of ways to allocate a portfolio, including the core-and-explore approach. This investment philosophy combines the best traits of index funds with the added benefit of theme, sector or actively managed funds. Read the Full Story |
|
Markets | |
Value Stock BJ’s Wholesale Club Rockets Higher
After several years of robust growth, the pandemic tailwinds, and many articles from us the market has finally caught on to the fact BJ’s Wholesale Club (NYSE: BJ) is a buy. Not only is it well-positioned within the big-box membersh... Read the Full Story |
|
Politics | | Japan's prime minister has outlined a record 56 trillion yen, or $490 billion stimulus package, including cash handouts and aid to ailing businesses, to help the economy out of the doldrums worsened by the coronavirus pandemic Read the Full Story |
|
Politics | | Gov. Charlie Baker is abandoning his administration's ambitious plan to create a multi-state compact aimed at dramatically reducing transportation pollution after the deal failed to gain traction in other states.
The announcement comes after Democratic Connecticut Gov. Ned Lamont, who... Read the Full Story |
|
Markets | | Williams-Sonoma (NYSE: WSM) reported another quarter of above-expected growth proving once again the combination of its brands, merchandise, and eCommerce is a force consumers cannot resist. Oddly, the market was expecting even more and has sent shares prices down more than 5.0% in after-hours trading. Read the Full Story |
|
The Early Bird Stock Of The Day CNH Industrial N.V., an equipment and services company, engages in the design, production, marketing, sale, and financing of agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services. The Agriculture segment designs, manufactures, and distributes farm machinery and implements, including two-wheel and four-wheel drive tractors, crawler tractors, combines, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements, material handling equipment, and precision agriculture technology. This segment sells its agricultural equipment under the New Holland Agriculture and Case IH brands. The Construction segment designs, manufactures, and distributes construction equipment comprising excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders under the CASE Construction Equipment, New Holland Construction, and Eurocomach brands. The Financial Services segment offers financing to end-use customers for the purchase of new and used agricultural and construction equipment and components, as well as revolving charge account financing and other financial services. It also provides wholesale financing to CNH Industrial brand dealers and distributors; trade receivables factoring services to CNH companies; and financial services to Iveco Group companies in the North America, South America, and Asia Pacific regions. The company was founded in 1842 and is headquartered in Basildon, the United Kingdom. | View Today's Stock Pick |
|