Good MorningThe equities market continued its rebound on Tuesday with the major indices all gaining at least 1.75% at the high of the day. Investors are cheering an apparent reduction in volatility and declining risks of a retail trader stampede. The historic short-squeeze in Gamestop that sparked the fear appears to have run its course but share prices for GME are still well above their December 2020 levels.
The implication of Tuesday’s move is more than short-term. The market, in its move higher, confirmed support at a major moving average and in turn a continuation of the uptrend. The next hurdle for the market will be resistance at the all-time high and that test may coincide with the January jobs report. The report is expected to reverse December’s net job losses and will be closely scrutinized by the market.
Featured: The #1 tech opportunity of 2021? (Investpub (Wealthpress campaigns)) 
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Markets | | | Global stocks followed Wall Street higher Tuesday after President Joe Biden invited Republicans to a meeting to discuss economic aid, while silver eased off an eight-year high.
London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong also advanced.
U.S. futures... Read the Full Story |
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From Our PartnersFortunes will be made and lost in 2021 – and you likely have just weeks to decide which side you’ll be on. | | | | Get ready here. |
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Stocks | | |
Some investors prefer to focus on a company's fundamentals while others' like to dive into the charts. There are certainly merits to both approaches and either way effective due diligence can lead to profits.
Better yet, sometimes a combination of both analytical techniques can help strengthen an... Read the Full Story |
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Politics | | | VIENNA — Austria is toughening entry requirements in an effort to prevent the spread of contagious coronavirus variants.
Interior Minister Karl Nehammer said Tuesday that the country will require weekly tests for cross-border commuters, who also will have to register under a “pre-trav... Read the Full Story |
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From Our PartnersThey called the 2020 crash 45 days early. Nobody expects what they're predicting now... | | | | Learn more here! |
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Markets | | | The European economy shrank by a smaller than expected 0.7% in the last three months of 2020 as businesses in France and Germany weathered a renewed round of anti-COVID-19 lockdowns somewhat better than expected.
That consolation in official figures released Tuesday couldn't erase a ... Read the Full Story |
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Politics | | | Australia’s prime minister said more targeted economic relief for businesses struggling with pandemic restrictions could be coming after Parliament resumed on Tuesday for the first time in 2021.
Tourism, aviation and hospitality are among the industries calling for extended financial ... Read the Full Story |
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Politics | | | A Chinese-Australian billionaire has been awarded $450,000 in damages after winning his defamation case over an a state broadcaster’s investigation that suggested he was a member of the Chinese Communist Party who bribed Australia lawmakers to make decisions in China’s interests Read the Full Story |
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Markets | | | Lithium junior miner Lithium Americas (NYSE: LAC) stock has surged on the prospects of mining and supplying lithium to the ever hungry electric vehicle (EV) battery segment. The race for EV battery optimization requires hefty supplies of rare earth element lithium. On a geopolitical basis, the effor... Read the Full Story |
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Markets | | | Sometimes these numbers can actually end up at loggerheads, with a company posting solid numbers, just not numbers that were solid enough to beat stated estimates. That's recently what happened to Vertex Pharmaceuticals (NASDAQ:VRTX) Read the Full Story |
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Markets | | | We became interested in Emerson Electric Co. (NYSE:EMR) early in the pandemic because of its status as a dividend grower. The company is a blue-chip business manufacturing electrical components for virtually all industries Read the Full Story |
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Markets | | |
Although its roots date back to the 1850's iconic American elevator company Otis Worldwide (NYSE:OTIS) has traded as an independent entity on the New York Stock Exchange (NYSE) for less than a year.
Since its recent spin-off from former parent United Technologies, Otis Worldwide has done just fin... Read the Full Story |
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The Early Bird Stock Of The Day Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The Advanced Technologies and Services segment develops application-specific integrated circuits, pixel-based sensors, and advanced lasers. This segment also designs, tests, and provides consulting services for non-standard integrated circuits for use in automobile and aeronautics sector, as well as government spending in military and defense activities. The company was founded in 2012 and is headquartered in Orlando, Florida. | | View Today's Stock Pick |
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