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Economy

“Private job growth totals 807,000 in December, more than doubling expectations, ADP says”

“…Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000. The November total was revised lower from the initially reported 534,000. The total was the best for the… Continue Reading…

Stocks

“Penny Stocks to Buy Using Technical Analysis for December 2020”

“Cyanotech Corporation (CYAN)  Fifteen out of the seventeen one-day moving averages tracked by TradingView.com are pointing to a Strong Buy signal for Cyanotech Corporation (CYAN) at the moment. These include the exponential moving average (5, 10, 20, and 30) and the Hull Moving Average (9).… Continue Reading…

Banking, Economy

“$1,163,090,000,000: Federal Spending Sets Record Through December”

“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…

Predictions, Opinions, & Comments, Stocks

“Today is historically the single best day for the stock market all year”

“Oct. 28 has been the single best day of the year for stocks going back to 1950 with an average return of 0.54% on the S&P 500, according to Ryan Detrick, senior market strategist for LPL Financial. The S&P 500 hit… Continue Reading…

Business, Economy

“312,000 Jobs Added In December, Manufacturing Growing 714% Faster [Than Previous Administration]”

“The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected. The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock… Continue Reading…