Good MorningThe bull market gained momentum last week with the onset of earnings season. The first reports including those from the big banks and bellwethers like Pepsico, UnitedHealth, JB Hunt, and PPG Industries point to a solid start to the economic rebound and an economic expansion that is accelerating.
The S&P 500 closed at the highs of the week, up roughly 1.5% for the period, and at a new all-time high. The Dow Jones Industrial Average also close at a new all-time high and above the psychological 34,000 level.
This week, the earnings season picks up the pace with reports from 81 S&P 500 companies and 10 of the 30 Dow Components. If the market is going to correct anytime soon we should know by the end of the week.
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Stocks | | Overall market sentiment remains bullish and the MarketBeat staff will continue to help you identify the opportunities that can help grow your portfolio. Here’s a look at some of the stocks they analyzed this week. Read the Full Story |
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Stocks | | As midcap stocks as an asset class are on the rise, Installed Building Products (NYSE: IBP), SiteOne Landscape Supply (NYSE:SITE) and Masonite International (NYSE:DOOR) are price leaders.
Academic research has shown that smaller stocks tend to outperform larger peers over time. While there&rs... Read the Full Story |
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Markets | | The concept of building your portfolio around several core positions that offer upside and consistent returns is a great way to approach long-term investing. By emphasizing buying large positions in companies with stable earnings and lower volatility, you can feel more comfortable taking risks with ... Read the Full Story |
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Markets | | The Global X U.S. Infrastructure Development ETF (BATS: PAVE) has been grinding to all-time highs on the heels of the housing boom and anticipation of passing the Biden infrastructure bill through the American Jobs Plan. Read the Full Story |
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Markets | | Asian shares rose moderately Monday amid cautious optimism about a global rebound from the coronavirus pandemic.
Japan's benchmark closed less than 0.1% higher at 29,685.37, in the first Tokyo market reaction to a weekend by Prime Minister Yoshihide Suga with President Joe Biden over... Read the Full Story |
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Tech | | Volkswagen, Ford and Chinese brands have unveiled new SUVs for China’s growing market at the Shanghai auto show, the industry’s biggest marketing event in a year overshadowed by the coronavirus pandemic Read the Full Story |
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Politics | | When President Joe Biden convenes a virtual climate summit on Thursday, he faces a vexing task: how to put forward a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact on climate change efforts not only in the U.S. but throughout the world.
... Read the Full Story |
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Markets | | Global shares were mixed and U.S. futures declined Monday amid cautious optimism about a global rebound from the coronavirus pandemic.
Investors are awaiting a raft of earnings reports this week that will provide further fodder about how businesses are faring.
France'... Read the Full Story |
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Tech | | H.S. Panno, an independent contractor living in a spacious two-story penthouse in New Delhi, had his doubts when he bought his first electric car in September.
So far, he's pleased with his savings on gas and maintenance, which are down by more than half, but disappointed with the pra... Read the Full Story |
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Markets | | Chipotle Mexican Grill (NYSE: CMG) is set to report its first quarter earnings on Wednesday after the bell. The burrito maker outperformed the vast majority of restaurants in 2020, and looks set for an even better 2021. Read the Full Story |
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The Early Bird Stock Of The Day Denbury Inc. operates as an independent energy company in the Gulf Coast and Rocky Mountain regions. It holds interests in various oil and natural gas properties located in Mississippi, Texas, and Louisiana in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. The company was formerly known as Denbury Resources Inc. and changed its name to Denbury Inc. in September 2020. Denbury Inc. was founded in 1951 and is headquartered in Plano, Texas. | View Today's Stock Pick |
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