Good MorningEquities held their ground on Tuesday following Monday’s climb to new highs. The move is as much about digesting the new gains, however, as it is about the threat of COVID-19 and the impact of the Omicron variant. While the spread of COVID-19 remains a threat the Omicron variant is far less a problem than first thought. The latest news, in fact, suggests Omicron may help fight against the more virulent Delta variant.
The real question traders want to be answered is what will happen to the market in January? Will we see the typical January effect or will there be a sell-off to take the market back down to firmer support? Like they say as it goes in January, so goes the rest of the year.
Featured: [Alert] No. 1 Recommended NASDAQ Stock For 2022 (Darwin) 
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Markets | | | The iShares Semiconductor ETF (NASDAQ: SOXX), whose top two components are Broadcom (NASDAQ: AVGO) and Qualcomm (NASDAQ: QCOM), is up 47.59% year-to-date, reflecting strong demand for chips amid the global shortage. Read the Full Story |
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Markets | | | Combining the predictive power of bullish candlesticks and bullish analysts can be winning strategy when it comes to picking stocks. Here are three mid-cap stocks that recently lit a bullish candle and have the burning support of sell-side research firms.
Read the Full Story |
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Tech | | | A wobbly day of trading on Wall Street left stock indexes mixed Tuesday, pulling the S&P 500 just below its latest record high.
The benchmark index slipped 0.1% after wavering between modest gains and losses. The slight loss snapped a four-day winning streak for the index, which s... Read the Full Story |
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Markets | | | Asian shares mostly slipped Wednesday, as worries lingered about the coronavirus omicron variant's potential damage to the regional economy following mixed cues from Wall Street.
Japan's benchmark Nikkei 225 lost 0.6% to finish at 28,906.88. South Korea's Kospi slipped 0.9% to 2,993.... Read the Full Story |
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Markets | | | The global automotive industry is at an interesting crossroads heading into 2022. Supply chain constraints have reduced the number of new vehicles available for purchase, which has certainly had a negative impact on earnings for some of the major players in the industry Read the Full Story |
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Markets | | | European benchmarks opened mixed, with London’s FTSE 100 at nearly a two-year high, after Asian shares mostly finished lower Wednesday.
France's CAC 40 edged up 0.1% in early trading to 7,190.22, while Germany's DAX slipped 0.2% to 15,935.45. Britain's FTSE 100 rose 1.1% to 7,449.16 ... Read the Full Story |
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Tech | | | The dozens of Type 90, or “Kyumaru,” tanks rumbling through recent shooting drills on Japan's northern island of Hokkaido exemplify the challenge its arms makers face both at home and overseas as the country fortifies its defenses against strategic threats.
The Self Defense Force nee... Read the Full Story |
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Tech | | | The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes left the court Tuesday without reaching a verdict after a fifth day of deliberations. Holmes is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as ... Read the Full Story |
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Markets | | | Data search and analytics platform Elastic (NYSE: ESTC) stock has taken a tumble towards 2021 lows but is primed for a snapback rally. The leading provider of enterprise data search solutions is still showing impressive double-digit top-line growth. Shares sold-off on fiscal Q2 2022 resulted in fear... Read the Full Story |
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Stocks | | |
Cal-Maine Gets Crushed By Inflation
Cal-Maine Foods (NASDAQ: CALM) had a good quarter and a bad quarter during the calendar 3rd quarter and it looks like the underlying trends will remain in place for at least the near to mid-term. On the one hand, rising demand and tightening conditions wi... Read the Full Story |
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The Early Bird Stock Of The Day Encompass Health Corporation provides post-acute healthcare services in the United States and Puerto Rico. It owns and operates inpatient rehabilitation hospitals that provide medical, nursing, therapy, and ancillary services. The company provides specialized rehabilitative treatment on an inpatient basis to patients who have experienced physical or cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, and various debilitating neurological conditions. It offers services through the Medicare program to federal government, managed care plans and private insurers, state governments, and other patients. The company was formerly known as HealthSouth Corporation and changed its name to Encompass Health Corporation in January 2018. The company was incorporated in 1984 and is based in Birmingham, Alabama. | | View Today's Stock Pick |
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