Good MorningDespite some volatility, the Santa Claus Rally appears to be on track to lift the market into year-end. The S&P 500 extended its holiday-week rebound on Wednesday putting the index within an arm’s reach of the current all-time high. The question that needs to be asked, though, is what will the New Year bring?
The only certainty for the New Year is inflation. Inflation is running rampant through the economy and threatens to dampen consumption on many levels. The caveat for investors is that, until the market gives the signal for reversal, the trend in the market is up. If the S&P 500 can break out to a new high, we see it continuing upward at least until the Q4 earnings cycle gets underway.
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Politics | | | Global stock markets were mixed Friday after Wall Street hit a new high as fears of the coronavirus's omicron variant eased.
London opened higher while Tokyo and Shanghai declined.
Wall Street's benchmark S&P 500 index rose 0.6% on Thursday in the last U.S. trading... Read the Full Story |
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From Our PartnersSome of the biggest gains are in biotech...
There's always going to be a new innovation that drives a company to new heights...
And that's what smart investors look for. | | Click here to see the next Biotech Giant |
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Politics | | | Asian stock markets rose Friday after Wall Street hit a new high as fears of the coronavirus's omicron variant eased.
Tokyo, Hong Kong and Sydney advanced. Shanghai declined.
Wall Street's benchmark S&P 500 index rose 0.6% on Thursday in the last U.S. trading sessio... Read the Full Story |
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Markets | | | Twice in the last month, Apple has reached its 52-week high and pulled back both times. This leaves us with the question of whether the third time will be a charm for APPL stock? We believe there are a few reasons that could be the case. Read the Full Story |
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From Our PartnersJeff Brown picked Tesla in 2018 before it jumped 1,390% and he picked Nvidia before it jumped 3,545%
And now he’s saying S.C.G. will be the next big tech play. He’s not the only one. Apple’s CEO even called it “the next big thing.” | | | | Click here and get the name and ticker symbol |
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Markets | | |
Going into the new year, you may wonder what you should invest in: artificial intelligence, cyclical stocks, health care? A combination of these or something else entirely?
It's a great question. Based on the unique events from last year, rising interest rates and consumer pushes toward spe... Read the Full Story |
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Politics | | | Japan’s Cabinet has approved a record 5.4 trillion yen ($47 billion) defense budget for fiscal 2022 that includes funding for research and development of a new fighter jet and other “game-changing” weapons as Japan bolsters its defense capabilities in response to China’s growing military might and its tensions with Taiwan Read the Full Story |
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From Our PartnersFormer Chicago Board Options Exchange trader Bryan Bottarelli reveals the tricks and tips he learned trading in the live pit of the Chicago Board Options Exchange in a one-of-a-kind manual: "5 Secret Trading Strategies to Win Every Day in the Market." | | Click Here to Get Your Free Guide |
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Politics | | | Outside a foreign currency exchange in Zimbabwe’s capital, hordes of people desperate for U.S. dollars are pushed up against each other.
“That’s it, keep it tight,” some shout, trying to prevent others from jumping the line to buy the money that could get them a discount on goods pegg... Read the Full Story |
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Politics | | | Attorneys for a Louisiana oil and gas company have asked a federal judge to reinstate a drilling lease it held on land considered sacred to Native American tribes in the U.S. and Canada.
The long-disputed energy lease in the Badger-Two Medicine area of northwestern Montana near the Bl... Read the Full Story |
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Markets | | |
It’s that time of year for investors. Hopes for a Santa Claus rally, some much needed R&R, and yes—tax loss harvesting.
The annual ritual of dumping the year’s losers to offset capital gains taken early in the year is far from a festive event but can be a valuable part of ta... Read the Full Story |
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Stocks | | |
Connected home fitness equipment maker and platform Peloton (NASDAQ: PTON) stock has been a nasty rollercoaster ride for investors. The popular connected fitness company bounced off $17.70 COVID lows to peak at $171.09 before plunging on the reopening trend back into the $30s. The Company has yet ... Read the Full Story |
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Stocks | | |
Customer relation management (CRM) software company Salesforce.com (NYSE: CRM) stock has been plunging on its latest top and bottom-line guidance stemming from the fiscal Q3 2022 earnings call. While the fiscal Q3 2021 earnings were very strong, the lowered guidance shocked investors. Arguably, Sa... Read the Full Story |
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The Early Bird Stock Of The Day Accelerate Diagnostics, Inc., an in vitro diagnostics company, provides solutions for the diagnosis of serious infections in the United States, Europe, and the Middle East. The company offers Accelerate Pheno system, an in vitro diagnostic platform for the identification and antibiotic susceptibility testing of pathogens associated with serious or health care-associated infections, including gram-positive and gram-negative organisms. It also provides the Accelerate PhenoTest, a test kit for the system, which provides identify and antibiotic susceptibility testing results for patients suspected of bacteremia or fungemia, both life-threatening conditions with high morbidity and mortality risk. The company was formerly known as Accelr8 Technology Corporation and changed its name to Accelerate Diagnostics, Inc. in December 2012. Accelerate Diagnostics, Inc. was incorporated in 1982 and is headquartered in Tucson, Arizona. | | View Today's Stock Pick |
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