Good MorningEquities continued to bounce back on Tuesday as traders and investors reassess the risk of the Omicron variant. While still a concern, it looks like the variant produces a less severe case of COVID and may not cause much damage to the economy. The S&P 500 advanced more than 2.0% at the high of the day and came close to setting a new all-time high.
Tech stocks were among the big winners with chip stocks and Apple moving up 4% and 3% respectively but all 13 S&P sectors were higher. Traders are cautioned, however, that key economic data is due out later this week and could cap gains. The monthly reading of the CPI is due out on Friday and it is expected to be hot. The question is how hot and how will the market react. Hot inflation is ultimately a bad thing for the economy but could sustain the market rally until consumption begins to wane.
Featured: Major Investment Bank Says 20% Plunge Incoming (UNKNOWN) 
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MarketBeat and Seeking Alpha are two of the well-known websites that give individual investors access to stock research and analysis. Both sites provide a significant amount of many of free content. But with many similar features, it can be hard to distinguish between the two sites.
That’s ... Read the Full Story |
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Markets | | | Stocks advanced Wednesday in Asia after another broad rally on Wall Street as investors wagered that the new variant of the COVID-19 virus won’t pose a big threat to the economy.
Shares rose in Paris, London, Tokyo and Shanghai but fell in Frankfurt as Germany’s parliament elected O... Read the Full Story |
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Markets | | | Shares of China-based online marketplace Alibaba Group (NYSE: BABA) are up more than 11% so far this week, marking the stock’s best performance since early October.
Shares are down 45.97% year-to-date. The stock closed at $125.54 Tuesday, up $1.94, or 1.57%.
The uptick follows ne... Read the Full Story |
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From Our PartnersThe U.S. and China are fighting for new sources of lithium – the linchpin of clean energy. Lithium mining operations have been declared a national emergency. Biden has ordered America's lithium supply chain to be strengthened and investors in lithium exploration companies are rejoicing. We may be entering a decades-long lithium bull run. You don't want to miss it. | | Click here for the full story. |
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Politics | | | Olaf Scholz became Germany's ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure.
Scholz’s government takes office with high hopes of modernizing Germany and combating cl... Read the Full Story |
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Politics | | | Angela Merkel was assured of a place in the history books as soon as she became Germany's first female chancellor on Nov. 22, 2005.
Over the next 16 years, she was credited with raising Germany's profile and influence, working to hold a fractious European Union together, managing a st... Read the Full Story |
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From Our PartnersMost investors are blind to the deadly crash headed our way.... Don't be one of them. | | | | Continue Reading |
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Politics | | | Olaf Scholz took over as Germany's new chancellor on Wednesday at the head of a three-party coalition government, ending the 16-year era of outgoing Chancellor Angela Merkel. Scholz will lead a 17-member Cabinet, with one more minister than Merkel's, made up of nine men and eight women. Here's a lo... Read the Full Story |
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Tech | | | Facebook’s parent company Meta said Wednesday it has expanded its ban on postings linked to Myanmar’s military to include all pages, groups, and accounts representing military-controlled businesses. It had already banned advertising from such businesses in February.
The February actio... Read the Full Story |
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Markets | | | Compass Diversified (NYSE: CODI) on Tuesday cleared a cup-with-handle base above a buy point of $32. Trading volume was more than triple the average mid-session. Tuesday’s breakout followed a gain of 6.96% Monday, in volume 300% heavier than normal. Read the Full Story |
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Markets | | | Luxury online consignment marketplace The RealReal (NASDAQ: REAL) stock has shrugged off its Q3 2021 earnings spike as it fills the gap and heads lower into the close of 2021. The largest digital market place for used luxury apparel and collections is still showing double-digit growthy despite not b... Read the Full Story |
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Do you dread putting together your New Year's Resolutions each year?
Why not change your thinking? Instead of saying, "I'll save X amount for retirement in the new year" or "I'll budget an extra $200 every week," why not first vow to change your money attitudes? It can positively affect you... Read the Full Story |
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The Early Bird Stock Of The Day National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr. Pure; and carbonated soft drinks under Shasta and Faygo brands. It serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. National Beverage Corp. was incorporated in 1985 and is headquartered in Fort Lauderdale, Florida. | | View Today's Stock Pick |
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