MarketBeat: Week in Review 10/5 –10/9. 3 Stocks Under $50 to Buy Now. Asia Today: China to test 9 million after new outbreak.

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Monday, October 12th

Good Morning Investors shrugged off a lot of uncertainty this week choosing instead to focus on the positive. The positive is that the recovery, although still in its early stages, is gaining traction even as lawmakers debate another round of stimulus. The S&P 500 ended the week up more than 4.0% with the other major indices posting similar gains. Notably, the Dow Jones Transportation Average broke out to a new all-time high that points to more gains ahead. Next week is going to be another big week for the markets. Not only is it the first options expiration of the 4th quarter but it is also the start of the peak of the 3rd quarter reporting cycle. The big banks are slated to report, along with other key names, and could add fuel to the rally. The economic calendar should also be closely watched. Key reads on Income, Spending, and Retail Sales could all move the market.

Markets MarketBeat: Week in Review 10/5 –10/9 Hopes for additional coronavirus stimulus continued to drive the markets. On Monday night, the markets plunged as President Trump expressed his intent to forego any stimulus negotiations until after the election. However, in a matter of a few hours Mr. Trump had changed his position and the market... Read The Full Story >>

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Stocks 3 Stocks Under $50 to Buy Now Whether you’re just beginning your journey as an investor with limited capital or you simply enjoy hunting for affordable stocks that can turn into lucrative investments, seeking out strong businesses that don’t have a hefty price tag can be a solid strategy. The truth is that you can ... Read The Full Story >>

Politics Asia Today: China to test 9 million after new outbreak Chinese health authorities will test all 9 million people in the eastern city of Qingdao for the coronavirus this week after nine cases linked to a hospital were found, the government announced Monday. The announcement broke a two-month streak with no virus transmissions reported with... Read The Full Story >>

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Markets IBM (NYSE:IBM) Stock a Buy: Changing Strategy to Focus on Cloud Business The business world moves at light speed these days. Many companies that once were known as industry leaders have had to adapt to new trends or face becoming irrelevant in the eyes of investors. Take IBM (NYSE:IBM) for example. It’s a business that was once the gold standard in the Informatio... Read The Full Story >>

Politics 2 Stanford economists win Nobel prize for auction theory Two American economists won the Nobel Prize on Monday for improving the theory of how auctions work and inventing new and better auction formats that are now woven into many parts of the economy. The discoveries of Paul R. Milgrom and Robert B. Wilson "have benefitted sellers, buyers ... Read The Full Story >>

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Tech 2 Americans win Nobel prize in economics for auction theory Americans Paul R. Milgrom and Robert B. Wilson won the Nobel Prize in economics on Monday for "improvements to auction theory and inventions of new auction formats." "Their discoveries have benefitted sellers, buyers and taxpayers around the world," the Nobel Committee said, noting th... Read The Full Story >>

Tech Americans Milgrom, Wilson win Nobel prize in economics Americans Paul R. Milgrom and Robert B. Wilson have won the Nobel Prize in economics for "improvements to auction theory and inventions of new auction formats." The winners were announced Monday in Stockholm by Goran Hansson, secretary-general of the Royal Swedish Academy of Sciences.... Read The Full Story >>

Markets British Airways CEO replaced as company fights for survival British Airways CEO Alex Cruz has been replaced after 4 1/2 years on the job as the COVID-19 pandemic pummels airlines around the world. International Consolidated Airlines Group, BA's parent company, said Monday that Cruz had been replaced by Sean Doyle, previously the boss of Aer Li... Read The Full Story >>

Stocks 5 Reasons To Bet Big On eCommerce 1) eCommerce Wins The Pandemic When it comes to the pandemic and which sectors and industries have become winners the story invariably leads to eCommerce. eCommerce is the easiest, fastest, best way to get what you need while social distancing and seen a sustained double-digit increase in use over ... Read The Full Story >>

The Early Bird Stock Of The Day Corning Incorporated Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment manufactures glass substrates for organic light-emitting diodes and liquid crystal displays used in televisions, notebook computers, and flat panel desktop monitors. Its Optical Communications segment manufactures optical fibers and cables; and hardware and equipment products, includi... Learn more

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