Put Weis Markets (NYSE: WMK) Stock on Your Shopping List at These Levels. World shares slip after Wall St's worst day in a month. CEO: Dubai airport preps for possible 'slow' virus recovery.

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Tuesday, October 27th

Good Morning The stock markets got a jolt on Monday as the number of new cases of COVID hit a new all-time high in the U.S. The spike in cases is not unexpected but heightens fear of an exponential spread of the virus. All the major indices shed at least 2.0% intraday but some of the losses were regained before the close of the session. In technical terms, Monday's price action is not good. The S&P 500 fell below its short-term 30-day moving average where bearish traders may take control. If the index cannot regain the upper side of the average quickly a much deeper correction could be coming. Looking at the so-called "fear index", the VIX gained more than 20% intraday and set a two month high. The move in the VIX was strong and looks like it will move higher so traders and investors should be ready for increased volatility if not lower prices for the S&P 500.

Markets Put Weis Markets (NYSE: WMK) Stock on Your Shopping List at These Levels Grocery store operator Weis Markets, Inc. (NYSE: WMK) shares have been chopping in range for the past few months, but still trading above its pre-pandemic February 2020 highs and outperforming the benchmark S&P 500 index (NYSEARCA: SPY). The Mid-Atlantic operator of 197 stores has been executing... Read The Full Story >>

From Our Partners The Little-Known (But Legal!) IRS Tax Law to Move Your IRA or 401(k) to Gold Big Banks Don't Want You to Know About the Opportunity this IRS "Cheat Code" into Gold Unlocks... That Isn't Stopping it From Sweeping the U.S... Here's How to Protect Your IRA or 401k with Gold

Politics World shares slip after Wall St's worst day in a month Shares skidded in Europe and Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month. Stock benchmarks fell in Paris, London, Hong Kong, Sydney and Seoul. Tokyo was flat. Shanghai recovered from early losse... Read The Full Story >>

Markets CEO: Dubai airport preps for possible 'slow' virus recovery Dubai International Airport, the world's busiest for international travel, is getting busier. But it's a long way from what it once was amid the coronavirus pandemic as it prepares for a possible "extended, slow recovery," its CEO told The Associated Press. After long-haul carrier Em... Read The Full Story >>

From Our Partners Shocking Marijuana Discovery Could Turn Every $1,000 Into $61,770 Scientists have stumbled on a technology that could drive every marijuana "grow op" into bankruptcy. Early investors have a shot at returns up to 6,077% on the biotech that's become Wall Street's "best-kept secret." A Senate vote within weeks could change the marijuana industry forever. Click here for details.

Markets Why Investors Should Take Carvana Stock for a Spin Surging demand for used vehicles and changing auto shopping patterns are cause for celebration at Carvana (NYSE:CVNA). Safety-conscious consumers are becoming more comfortable with buying big ticket items Read The Full Story >>

Tech Here's why Ant Group is about to shatter IPO records Over a billion people in China use Alipay, a digital wallet, to do everything from making payments to online and offline stores, splitting restaurant bills with their friends, and managing their investments Read The Full Story >>

From Our Partners Free Report: The Top 3 Stocks Poised to Outperform in the Fourth Quarter 2020 has been one of the most bizarre on record. However, even with geopolitical issues, a never-ending pandemic, wildfires, earthquakes, higher unemployment, and fears of economic decay and elections, markets have pushed higher. Believing the market rally has only just begun, here are three of the top stocks that should easily outperform the major indices in the fourth quarter. Download Free Report Here

Markets BP reports 3Q earnings plunge amid falling demand BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand. The London-based oil company said Tuesday that profits, excluding one-time items and changes in the value of inventories, dropped to $86 million from $2.25 billion in the same per... Read The Full Story >>

Politics Spanish unemployment rises to 16.3% amid pandemic Spain says 355,000 more people were left unemployed in the third quarter, bringing the total jobless rate up to 16.3% from 15.3% in the previous three-month period as surging infections and new virus restrictions hurt economic development. The National Statistics Institute said Tuesda... Read The Full Story >>

Markets Palantir (NYSE:PLTR) Stock: Big Data Bargain Under $10? Data has quickly become one of the most valuable resources in the world. With corporations willing to invest large amounts of capital to gather insights from every piece of data they can get their hands on, companies that offer big data software and services could be great investments over the lon... Read The Full Story >>

Markets Himax Technologies (NYSE: HYMX) Stock is a Cheap Semiconductor Play Fabless semiconductor company Himax Technologies, Inc. (NASDAQ: HIMX) stock has been struggling to regain its pre-COVID February highs underperforming the benchmark S&P 500 index (NYSEARCA: SPY). The semiconductor sector performance has been split this year with graphic processor chip companies ... Read The Full Story >>

The Early Bird Stock Of The Day Target Co. Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials; food assortments, including perishables, dry grocery, dairy, and frozen items; and apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise. The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and di... Learn more

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