Plus 5 New Strong Buys for Today Stocks Up Again Setting New Records In The Process
[Kevin Matras - EVP - Photo]
Profit from the Pros By Kevin Matras
Executive Vice President Stocks Up Again Setting New Records In The Process [Stocks Up Again Setting New Records In The Process]Image: Bigstock Stocks finished higher yesterday with all of the major indexes hitting new record high closes. Last Friday's better than expected Employment Situation report is helping to underpin stocks. Same goes for the continuing stellar showing of Q3 earnings season. And let's not forget last week's passage of the long-awaited Infrastructure bill. Granted, that likely won't add any economic growth this year, but it will be accretive to next year, and several years after that. And since the market is forward looking, the market is cheering that as well. Also helping is the fact that November and December are typically strong months for stocks. And this year there's plenty of reasons to see that trend continue. Especially with analysts expecting Q4 GDP growth to accelerate into the end of the year. We'll get another look at the economy today with the NFIB Small Business Optimism Index, the PPI-Final Demand report, and the Redbook retail sales report. In the meantime, stocks are trading at all-time highs. The economy is picking up steam. Beneficial seasonal factors are upon us. And it looks like there's a lot more upside to go for both the economy and the market. So make sure you're taking full advantage of it. See you tomorrow, [Kevin Matras - Signature] Kevin Matras
Executive Vice President, Zacks Investment Research Sponsor [NEW: Top 6 Stocks to Buy Now]( He found Apple at $1.49... Oracle at $0.51... Amazon at $46. Marketwatch call him "The Advisor Who Recommended Google Before Anyone Else." Now, investing legend Louis Navellier has just updated his Top 6 Stocks to Buy Now. [Download your free copy here.]( Most Popular Articles from Zacks.com [2 Semi Equipment Stocks to Ride the Boom]( Stocks in this industry have collectively gained 95.4% over the past year. [Read More »]( [5 Staffing Stocks to Buy on October's Impressive Jobs Report]( Now is an ideal opportunity to invest in these staffing stocks as the economy further reopens. [Read More »]( [Sheraz Mian's Q3 Earnings Scorecard: Global Week Ahead]( The Global Week Ahead brings Q3 results from more than 850 companies, including 13 S&P 500 members. [Read More »]( [The Stock Market Rally Is Back In High Gear]( All the major indexes are trading at record levels, but how long can this rally hold us in this extremely overbought state? [Read More »]( [5 Top-Ranked ETFs Outperforming to Start November]( These ETFs easily crushed the market by wide margins and have a solid Zacks ETF Rank #1 (Strong Buy) or 2 (Buy). [Read More »]( Sponsor [Why Havenât You Looked at Zacks' Top Stocks?]( Our 5 best-performing strategies have blown away the S&P's impressive +103.9% gain from 2016 through 2020. Amazingly, they soared +381.1%, +424.1%, +429.0%, +477.8%, and even +580.0%. Today you can access their live picks without cost or obligation. [See Stocks Free »]( [Bull of the Day: : Churchill Downs Incorporated (CHDN)]( The historic horse racing icon is poised to post strong growth as the in-person economy returns and the broader sports gambling world grows in popularity. [Read More »]( [New Zacks Strong Buys for November 9th]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on Zacks.com. [Download our Zacks App for Apple iOS](
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