Good day everyone,
It looks like the major stock market indices are going to move close to or eclipse their former high levels. The S&P 500 is only two points off its 52-week high, a positive indicator.
The new stimulus plan has passed at all levels of government and will start to be implemented soon. The COVID vaccines are rolling out and more and more people are being vaccinated. The combination of a stimulus package and a view toward the end of the pandemic, may create a boom economy.
The markets could see this combination as good news and are enthusiastic about it. We are seeing some of the stocks on our watchlist returning to levels they were at before the pause in the major index’s levels.
As we said late last month, we have been eager to return to reporting on some NASDAQ companies when the index indicated a return to strength. We are ready to begin.
We’ve been looking at a dynamic company that seems to have garnered investor interest. The shares look like a value at the current price. This company has a lot of attributes we like, a tiny share structure, growing revenues, growth through acquisition, and a hot market sector.
Stay tuned and stay informed.
The Traders News Group
