MarketBeat: Week in Review 1/4 - 1/8. McAfee (NASDAQ: MCFE) Stock is an Overlooked Cybersecurity Play. Four Growing Tech Stocks With Fresh Upgrades.
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Monday, January 11th |
Good Morning The equities market ended the first week of the New Year on a high note. The broad market S&P 500 gained half a percent on Friday to put the index up about 1.5% for the week. The NASDAQ Composite and Dow Jones Industrial Average both moved higher to close at new all-time highs as well and more new highs could be on the way. The incoming Biden administration is expected to fast-track additional stimulus to fuel the economic rebound and that should drive stocks even higher. The economic rebound came into question Friday morning and capped the day's gains. The December read of the Non-farm payroll report showed jobs declined unexpectedly due to COVID-related shutdowns. The caveat for investors is that NFP numbers are highly suspect and prone to revisions. The revisions for October and November added 135,000 jobs to the data and nearly offset the December decline. |
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From Our Partners Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street." | For full details, click here. | |
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From Our Partners We Are in a Plant-based Meat Revolution and Modern Meat is Aiming to Become a Household Name in It! this could be a ground-floor situation unfolding... | Continue Reading | |
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The Early Bird Stock Of The Day DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The c... | | |
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