Good MorningEquities were mixed to end the last week but left the NASDAQ Composite and S&P 500 trading at new all-time highs. The move was driven by better than expected economic data as well as the passage of President Biden’s infrastructure package. The package, if nothing else, promises to unleash trillions in spending over the next few years and that is stimulus enough for the stock market.
Earnings from the retail sector are also to blame for last week’s performance. The sector reported largely better than expected numbers but gave a mixed view of the holiday season. While inventories should remain robust through the end of the year there are some concerns products arriving from Asia will be in short supply come January.
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Politics | | Stocks were mixed in Asia on Monday after ending the week mostly lower on Wall Street, despite the Nasdaq's first close above 16,000.
A resurgence of coronavirus outbreaks in the U.S., Europe and some other regions is weighing on investor sentiment. Comments by advisers to the Chinese... Read the Full Story |
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Markets | | With a growing list of highfliers out there, investors may start to look to underperforming names that have the makings of a comeback. A good place to find such stocks is to see what Wall Street analysts are recommending in this overheated market. Read the Full Story |
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Politics | | Markets opened higher in Europe on Monday after a mixed day of trading in Asia.
A resurgence of coronavirus outbreaks has prompted some countries to look to stricter precautions to curb yet another wave of the pandemic.
Austria went into a nationwide lockdown early M... Read the Full Story |
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From Our PartnersGeologists predict that Nevada could hold 25% of the world's lithium supply. And with lithium quickly becoming the most valuable (and important) metal on the planet, Nevada could quickly become one of the richest states in the USA... | And This One Company Is Close To A Massive Lithium Discovery |
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Markets | | Much of downtown Des Moines, Iowa, has been transformed in the past decade by new apartments, shops and restaurants, but a stench from animal processing plants still often lingers over all that shiny new development Read the Full Story |
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Tech | | Just over a week after some 200 nations struck an agreement aimed at intensifying global efforts to fight climate change, the finance minister of France has warned that the cost of the energy transition will be “much higher than expected.” Read the Full Story |
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Tech | | In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside “Bitcoin City” at the base of a volcano.
Bukele used a gathering of Bitcoin enthusiasts Saturday night to launch his latest idea, much as he used a an earlier Bi... Read the Full Story |
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Markets | | Shares of cloud-based lending platform Upstart Holdings (NASDAQ: UPST) are down 21.66% in the past week and 43.62% in the past month. Despite those declines, which appear dire, this is a stock with a great deal of promise ahead. Read the Full Story |
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Markets | | Semiconductor company Advanced Micro Devices (NASDAQ: AMD) stock has been squeezing to new all-time highs running on all cylinders. The fabless maker of CPU and GPU chips has been both a pandemic and post-market winner gaining from greater PC and mobile device engagement, streaming, gaming, and the ... Read the Full Story |
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Streaming and gaming network platform fuboTV (NYSE: FUBO) stock has fallen nearly in half since it’s peak earlier in the year. The Company rolled out its fuboTV sports book in November, which will be a key growth driver enabling viewers to engage in real-time sports betting while viewing gam... Read the Full Story |
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What does financial wellness mean to you? Does it just sound like a fancier, more wholesome term than "personal finance"? Or does financial wellness mean something different to you altogether? You might view financial wellness as a holistic approach to our finances, from getting out of credit card... Read the Full Story |
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The Early Bird Stock Of The Day ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation. It also provides IT and digital modernization, cloud solutions, managed and integrated services management, IT-as-a services, edge computing, user engagement, and experience and digital workplace transformation; and data collection and management, predictive analytics, analytics automation, data science, and data fusion and visualization services. In addition, the company offers requirements analysis; planning, design, implementation, integration, and enhancement; testing, deployment, maintenance, and quality assurance; application migration and modernization; application development; and documentation and configuration management services, as well as intelligent systems engineering services, including platform innovation and modernization, digital and models-based systems engineering, reliability and maintainability, modeling, simulation and analysis, systems lifecycle support, human factors and safety engineering, systems architecture, and engineering and test and evaluation. Further, it provides professional and technical solutions, and mission support services; command-and-control infrastructure, intelligence, and surveillance and reconnaissance platforms and sensors, as well as the communication, dissemination, and analysis of data; and mission solutions, including C5ISR, training, logistics, supply chain management and sustainment, consulting, and mission planning and execution. The company was founded in 1968 and is headquartered in Herndon, Virginia. | View Today's Stock Pick |
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