Good MorningThe equity markets continue to tread water at the freshly set all-time highs. A mix of good and bad news combined to support prices on Wednesday and keep the bulls from advancing significantly for the 7th day.
Topping the list of headlines in Wednesday news was the January retail sales figures. Retail sales jumped a much stronger than expected 5.3% under the influence of government stimulus. At the other end of the spectrum, the January Producer Price Index jumped 1.3% versus the 0.4% expected and raising fears of rising inflation.
In stock news, shares of Verizon led Wednesday action in the Dow Jones with a gain near 5.5%. The stock got a boost by news Warren Buffet’s Berkshire Hathaway had taken a sizeable stake. The $8 billion investment makes Verizon one of Berkshire Hathaway’s six largest holdings.
Featured: Legend Who Bought Amazon In 1998 Says: Now Is The Time (True Market Insiders) 
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Tech | | Lawmakers in Washington are digging into the GameStop saga at a congressional hearing.
The episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.
GameStop shar... Read the Full Story |
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Stocks | | That’s where penny stocks can come into play. Penn stocks, or stocks that trade for under $1.00, are a great way for smaller investors to get into the market, especially budding markets like the Cannabis industry.
Read the Full Story |
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Markets | |
In the early stages of 2021, the stock market has seen some interesting leadership changes develop. Sectors that were out of favor in 2020 are suddenly all the rage. A rotation into small cap and value stocks that began late last year has carried into the new year.
This means that at the individu... Read the Full Story |
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From Our PartnersThe firm that called the EXACT PEAK of the dot-com boom has just issued another major prediction.
If you’ve got money invested in the market – and especially in popular tech stocks – this is critical information for the days ahead… | | Watch this leaked video before it's removed |
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Politics | | European plane maker Airbus lost 1.1 billion euros ($1.3 billion) last year amid an unprecedented global slump in air travel because of the pandemic, but expects to deliver hundreds of planes and make a profit in 2021 despite uncertainty about when people will resume flying en masse.
... Read the Full Story |
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Stocks | | investors can use this information to make better long-term investment decisions within their time horizon and risk parameters. Keep reading below to learn about 3 stocks to buy that hedge funds love. Read the Full Story |
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From Our PartnersCopper is outperforming gold as smart investors line up for 2021 gains. Here's an ultra-low-priced copper stock that's developing a high-grade copper deposit in Canada with nearly unlimited upside. Early reports of exceptional mineralization have one major company already jumping in with a $100 million investment. It's not too late for individual investors to get in at the seed level. | Learn More Here... |
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Tech | | Car and truck maker Daimler increased its profits by 48% to 4.0 billion euros ($4.8 billion euros) in 2020 thanks to extensive cost-cutting and a sales recovery in the second half for its highly profitable Mercedes-Benz luxury cars and sport-utility vehicles.
The bottom line improved ... Read the Full Story |
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Tech | | World shares were mostly lower Thursday after a mixed session on Wall Street, where losses by technology and industrial companies offset other gains.
Benchmarks fell in Tokyo and Hong Kong but were flat in Paris and London. Shanghai advanced after reopening following the Lunar New Ye... Read the Full Story |
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Tech | | Timothy Berners-Lee, the British computer scientist known as the inventor of the World Wide Web, worries that Australian plans to make digital giants pay for journalism could set a precedent that renders the Internet as we know it unworkable Read the Full Story |
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Markets | | Beauty products and fragrance maker Coty, Inc. (NYSE: COTY) stock is finally reversing the monthly downtrend that started in 2020 and further accelerated by the pandemic. The fragrance industry was one of the hardest hit industries as consumers work, learn, and entertain at home. As the vaccine roll... Read the Full Story |
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Markets | | The rebound in the used-car market is yet to run its course and that is evident in results from America’s Car-Mart (NASDAQ:CRMT). What is also evident in the results is that it doesn’t take eCommerce to get business done and grow a car company. Read the Full Story |
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The Early Bird Stock Of The Day Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets. The Traditional segment consists of wholesale and retail customers. The company was founded in 1995 and is headquartered in Morrisville, NC. | View Today's Stock Pick |
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