Major Indexes All Finish At Record-High Weekly Closes

Plus 5 New Strong Buys for Today

Profit from the Pros By Kevin Matras Executive Vice President

Major Indexes All Finish At Record-High Weekly Closes Image: Bigstock Stocks closed higher on Friday, and higher for the week. That also makes it 2 weeks in a row for the Nasdaq, and 4 weeks in a row for the small-cap Russell 2000. Take note: the breaking out of small-cap stocks has long been considered a powerful bullish signal. And their continuing outperformance suggests even bigger moves ahead. And there's good reason for stocks to be soaring as Q3 GDP just came in at 33.1% (which was the largest in history), with more gains expected in Q4, and forecasts for full year GDP in 2021 to grow at the fastest pace in 38 years! Then when you add in the positive vaccine news (there's now three COVID vaccines in the pipeline that could be available by year's end), stocks are poised to soar even more. That's because these breakthroughs are being hailed as the catalysts that will finally let the world get back to normal. And when our entire economy comes back online (not to mention the rest of the world), that should make for an explosive rally. In the meantime, our economic rebound continues to impress with report after report showing the economy beating expectations, and even setting records. What we're seeing in both the economy and the market is history in the making. So make sure you're taking full advantage of it. See you tomorrow, Kevin Matras Executive Vice President, Zacks Investment Research Sponsor The 5G Stock That Practically NOBODY Knows About... YET Its partners include AT&T, Verizon, Sprint and T-Mobile. It owns 79 patents. And analysts say it has "home-run potential." Get the details on this unknown stock now... Most Popular Articles from Zacks.com Image: Bigstock Freight Scene is Picking Up: 3 Transportation Stocks in Focus The solid readings from October's Cass Freight Shipments Index report are indicative of an improving freight scenario. Read More » Image: Bigstock 5 Top-Ranked Stocks to Tap the Boom in Housing Market Ever since the economy reopened, people have been flocking to the markets to buy homes. Read More » Image: Bigstock 4 Tech Stocks Well Positioned to Make the Most of EV Boom The coronavirus situation is now anticipated to accelerate the adoption of driverless vehicles to carry passengers, transport goods and others. Read More » Image: Bigstock 5 Strong Buy Stocks Gift-Wrapped for the Holidays It's a great time to buy stocks, especially if they're ranked #1 (Strong Buy) by Zacks and have a Zacks Value-Growth-Momentum (VGM) Score of A. Read More » Image: Shutterstock 3 Top Lessons Learned from Buffett's 2020 Portfolio Moves During a global pandemic, Berkshire Hathaway has re-tooled its portfolio. Maybe it's time you do the same? Read More » Sponsor Why Haven't You Looked at Zacks' Top Stocks? Our 5 best-performing strategies have blown away the S&P's impressive +44.0% gain from 2017 through Q2 2020. Amazingly, they soared +50.9%, +93.8%, +122.2, +153.0%, and even +156.8%. Today you can access their live picks without cost or obligation. See Stocks Free >> Image: Bigstock Bull of the Day: Baidu (BIDU) Transition to AI powerhouse evolves as investors and analysts see the trough in growth. Read More » New Zacks Strong Buys for November 30th 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. Visit Success Stories to hear how Zacks research, tools and portfolios help our members outperform the market. Get all of our market insights and much more when you connect with us. This free resource is being sent by Zacks.com. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. 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