Plus 5 New Strong Buys for Today Nasdaq Hits New All-Time High
[Kevin Matras - EVP - Photo]
Profit from the Pros By Kevin Matras
Executive Vice President Nasdaq Hits New All-Time High [Nasdaq Hits New All-Time High]Image: Bigstock Stocks closed mixed yesterday with the Dow down -0.17%, while the S&P was up 0.34%. The Nasdaq led the way with a gain of 0.45%, and making a new all-time high in the process. The economy continues to improve. And that was underscored by yesterday's Weekly Jobless Claims which fell by -1,000 to 268K, hitting a new pandemic-low. The Philadelphia Fed Manufacturing Index jumped to 39.0, easily beating last month's 23.8 and views for 21.4. E-Commerce Retail Sales showed Q3 slipped by -3.3% on a q/q basis. But retail sales are expected to surge in Q4. And the Leading Indicators report was up 0.9% m/m, beating last month's 0.1% and the consensus for 0.8%. With one more day to go, the S&P and Nasdaq are poised to finish higher for the week. And while the Dow is currently trailing last week's close, they are only 0.64% away from being able to finish in the green as well. After today, there's exactly 6 more weeks to go until the end of the year. With Q4 GDP expected to accelerate into year's end, and with November and December typically being strong months for stocks, 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. Best, [Kevin Matras - Signature] Kevin Matras
Executive Vice President, Zacks Investment Research Sponsor [Timeâs almost up! Get your FREE copy of Finding #1 Stocks - A $49.95 Value]( The Executive Vice President of Zacks Investment Research, Kevin Matras, is very optimistic about our countryâs financial future. As the economy continues to grow stronger, he expects stocks to soar far higher right through the market blips and dips. But whatâs the key to being successful? Knowing the right strategies and where to find stocks that will lead the market. For a limited time, Kevin is offering his hardcover book, Finding #1 Stocks, absolutely free. In the book, he shares exclusive secrets to picking stocks, including the exact formulas of strategies that produced gains of 130.5%, +381.1%, and even +580.6% from 2016 through 2020. This brief opportunity will end at midnight Saturday, November 20 or when inventory is depleted. Donât miss your chance to get an edge in the game. [Get your free book now »]( Most Popular Articles from Zacks.com [Industrial Production Rebounds in October: 4 Stocks to Buy]( October's jump in production again proves that the momentum is not lost and is likely to continue as the economy reopens further. [Read More »]( [Top 5 Stocks to Buy at Deep Discount to Boost Portfolio Gains]( Each of these stocks has seen positive earnings estimate revisions in the last 30 days and carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). [Read More »]( [Best ETFs for the Infrastructure Boom & Megatrends]( Zacks Director of ETF Research Neena Mishra speaks with Jeff Spiegel, U.S. Head of Megatrends and International ETFs at BlackRock, about the new infrastructure law. [Read More »]( [Why to Bet on Artificial Intelligence ETFs With a Long-Term View]( Global robotics technology market size is projected to reach $189.36 billion by 2027, at a CAGR of 13.5%. [Read More »]( [5 Stocks for the 2022 Agriculture Bull Market]( It's the hottest agriculture market in a decade but the fertilizers and agribusiness companies are still cheap. [Read More »]( Sponsor [Increase Investment Returns with Free Zacks' Portfolio Tracker]( Catch breaking news on your stocks and funds at a glance, including timely recommendation changes ⦠Zacks Ranks ⦠Industry Ranks ⦠earnings announcements ⦠earnings estimate revisions ⦠and more. And now you can screen for new stocks to improve portfolio performance. [Click for Free Tracker & Screener »]( [Bull of the Day: LendingClub Corporation (LC)]( The company has crushed our adjusted earnings estimate for the third period running. [Read More »]( [New Zacks Strong Buys for November 19th]( 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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