Good MorningThe equities market closed lower on Friday to close out what was an otherwise down week for the market. The takeaways for investors is that Friday’s action closed below the important 30-day moving average that had been acting as support. A close below this level could indicate a change in near-term trend and that could mean further losses in the days and weeks to come.
This week investors should be on the lookout for a host of economic data including the all-important non-farm payrolls report. Labor-related data points released during the month suggest that labor conditions were little changed during the month but there could be some big surprises in the data. Other data points that could move the market this week include the ISM reports on Manufacturing and Services as well as the Construction Spending and Factory Orders data.
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Stocks | | There are lots of reasons to invest in penny stocks and few definitions of what, exactly, makes a penny stock. Regardless of your reason or how you classify penny stocks the lineup we have for you today Read the Full Story |
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Markets | | Beyond Meat (NASDAQ: BYND), maker of plant-based meat alternatives, got a boost from its fourth-quarter earnings report, despite some disappointing results.
Investors cheered the company’s future growth prospects, based on deals with Yum Brands (NYSE: YUM), McDonald’s (NYSE: MCD) and Pe... Read the Full Story |
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Markets | | Ohio-based electric vehicle (EV) maker Lordstown Motors (NASDAQ: RIDE) stock has been on a rollercoaster ride hitting peaks in the $29 to $31 range to lows in the $13 to $18 range on three separate occasions in the past six months. Read the Full Story |
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From Our PartnersWarren Buffett recently dumped $800 million of Apple stock…
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Politics | | The new head of the World Trade Organization threw her support behind long-fruitless efforts among member countries to agree on fisheries subsidies that could reduce overfishing, calling the efforts a top priority as she took office on Monday.
Director-General Ngozi Okonjo-Iweala, a N... Read the Full Story |
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Markets | | The new director-general of the World Trade Organization — the first African and first woman to hold the post — has arrived at its Geneva headquarters for her first day on the job.
Ngozi Okonjo-Iweala, 66, a Nigerian economist and former government minister, donned a mask as she made ... Read the Full Story |
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Politics | | Global shares rose Monday, lifted by hopes President Joe Biden's stimulus package will be enacted and by bargain-hunting after sell offs last week.
France's CAC 40 added 1.5% in early trading to 5,788.93, while Germany's DAX edged up 1.3% to 13,964.06. Britain's FTSE 100 jumped 1.6% ... Read the Full Story |
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Politics | | Asian shares rose Monday on hopes for President Joe Biden's stimulus package and bargain-hunting after sell offs last week.
Japan's benchmark Nikkei 225 surged 2.4% in afternoon trading to 29,663.50. Australia's S&P/ASX 200 jumped 1.7% to 6,789.60.
Hong Kong's Hang... Read the Full Story |
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Politics | | The Philippine government launched a vaccination campaign on Monday to contain one of Southeast Asia’s worst coronavirus outbreaks but faces supply problems and public resistance, which it hopes to ease by inoculating top officials.
Cabinet officials, along with health workers and mil... Read the Full Story |
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Stocks | | The EV industry is hot, there is no other way to describe it, but Nikola (NASDAQ:NKLA) and Fisker (NYSE:FSR) haven't exactly shared in the gains. While names like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) have Read the Full Story |
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Markets | | Industrial internet-of-things (IoT) provider Orbcomm (NASDAQ: ORBC) stock has been recovering since the March 2020 pandemic lows. This little known company is a vertically integrated one-stop IoT shop Read the Full Story |
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The Early Bird Stock Of The Day Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries. The company also collects and transforms various animal by-product streams into useable and specialty ingredients, such as collagen, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings, and hides. In addition, it recovers and converts used cooking oil and animal fats, and residual bakery products into valuable feed and fuel ingredients. Further, the company provides environmental services, including grease trap collection and disposal services to food service establishments. It primarily operates under the Rendac, Sonac, FASA, Ecoson, Rousselot, Gelnex, and CTH brand names. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas. | View Today's Stock Pick |
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