Good MorningThe S&P 500 struggled for direction on Tuesday despite the passage of a new stimulus bill by Congress. The bill is worth $900 billion and already facing stiff criticism due to the amount of pork and frivolous spending it includes. The average American is slated to receive just $600 of the money with many expected to receive their checks within weeks. The S&P 500 traded in a very tight range and closed with nearly no movement versus the prior session.
On the economic front, the number of existing homes sold in the month of November fell less than expected versus the previous month. The number of homes sold comes out to 6.69 million on an annualized basis and is up more than 25% on a year-over-year basis. Looking forward, the sale of homes is not expected to slacken in 2020 and will drive gains in related sectors like home improvement as well.
Featured: Trump’s Currency Coup Exposed (Ad) 
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Markets | | Special purpose acquisition company (SPAC) RMG Acquisition (NYSE: RMG) will reverse merge with Romeo Power Technology, a battery technology company accommodating the electric vehicle (EV) market. Shares have seen a boost due to the EV and SPAC mania boosted by the likes of QuantumScape Corporation (... Read the Full Story |
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From Our Partners | | Elon Musk bought Super Bowl ad time at $266,000 per second - something he has never done before. 125 million Americans watched, but Whitney Tilson, former manager of a $200 million hedge fund, says most investors missed what it actually means.
With 1 in 3 Super Bowl viewers using buy-now-pay-later services and 40% of Americans carrying more credit card debt than savings, Tilson believes Elon's message reveals a major economic current - and a clear signal for where smart money should be positioned. | | Watch Tilson's free presentation to see what he thinks you should do now |
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Consumer Staples | | Leslie’s Is A Stock Analysts Want To Own
Leslie’s (NASDAQ:LESL) has been around for about 60 years but only went public two months ago. That is surprising because the company is uniquely positioned as the largest supplier of pool and spa supplies and equipment in the U.S. And it's growi... Read the Full Story |
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Aerospace | | Spaceship manufacturer Virgin Galactic Holdings, Inc. (NYSE: SPCE) stock imploded on the failure of a test flight sending shares collapsing from a high of $35.82 to a low of $23.78 in eight trading sessions. While the ship landed safely and no one was hurt, the shares were punished by a combination ... Read the Full Story |
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From Our Partners | | OpenAI and Anthropic are moving closer to the public-market spotlight - and Wall Street rarely waits until the first trading day to reposition.
By the time these IPOs arrive, the obvious AI names may already be crowded and fully priced. The earlier opportunity could lie in chips, cloud infrastructure, data tools, and enterprise AI systems. One report covers 9 AI stocks - including a chip name tied to U.S. infrastructure, a cloud player with an underappreciated setup, and a data analytics business with government and enterprise exposure. | | Review the full 9-stock AI breakdown before the next wave hits |
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Retail/Wholesale | |
For the risk-averse investor, the last several months have been like a rocket sled clear through the center of Crazy Town. Stocks that seemed to have little in the way of visible support shot up to multiples of their previous valuations, while long-term holdings began to collapse. I won't even bri... Read the Full Story |
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Consumer Discretionary | | The RealReal Inc, Luxury At Value Prices
The RealReal, Inc (NASDAQ:REAL) is the operator of an online shopping portal for consignment and vendor-originated luxury items. Now, the luxury market was one of the worst-hit over the summer but the rebound is on and it is strong. Not only is this company ... Read the Full Story |
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From Our Partners | | This feels like one of those ''where were you when Kennedy was shot'' moments. It felt like a moment in time, but that single shot started an avalanche of investigations, accusations, and conspiracy theories.
That's what you just witnessed with the death of the Ayatolla Khamenei.
Because the strikes proved how fragile things can get: billions could be lost. Seniors and the vulnerable put at risk. | | So to make it easy, Get the 2026 Retirement Survival Guide. Plain-English, step-by-step |
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Retail/Wholesale | | Revenue Rises, Comps Fall At Carmax
Carmax (NYSE:KMX) has been riding the same wave of demand that has been lifting the entire after-market car industry all summer. Rising prices for new vehicles and low-interest rates being the primary drivers of this demand. The company has been outperforming the... Read the Full Story |
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Retail/Wholesale | | Before the pandemic started, Texas Roadhouse (NASDAQ: TXRH) was riding high; prior to Q1 2020, the restaurant chain had recorded 40 consecutive quarters of comparable sales growth.
The pandemic, of course, started at the tail end of Q1. Texas Roadhouse’s comps dipped 8.4% for the first quarte... Read the Full Story |
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Utilities | |
One of the best things about investing in financial markets is that there is always a deal to be found. New opportunities present themselves every single day, especially if you are buying and selling stocks. With that said, investors need to put in the work that is required to find companies that ... Read the Full Story |
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Transportation | |
Last week FedEx (NYSE:FDX) reported an outstanding quarter. Record revenue and earnings beat expectations and management had bullish commentary around the current quarter. The result? FedEx stock sold off more than 5%.
The main culprit was that the company refrained from providing guidance. But g... Read the Full Story |
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Construction | | A 4% jump in Friday’s session was enough to make shares of Vulcan Materials (NYSE: VMC) among the best-performing stocks in the S&P 500 index. It means the stock is only a little more than that away from matching the all-time highs it set back in October. For a building materials company t... Read the Full Story |
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The Early Bird Stock Of The Day CRISPR Therapeutics is a gene-editing company focused on developing transformative gene-based medicines for serious diseases using its proprietary CRISPR/Cas9 platform. CRISPR/Cas9 is a revolutionary gene-editing technology that allows for precise, directed changes to genomic DNA. CRISPR Therapeutics has established a portfolio of therapeutic programs across a broad range of disease areas including hemoglobinopathies, oncology, regenerative medicine and rare diseases. To accelerate and expand its efforts, CRISPR Therapeutics has established strategic collaborations with companies including Bayer, Vertex Pharmaceuticals and ViaCyte, Inc. CRISPR Therapeutics AG is headquartered in Zug, Switzerland, with its wholly-owned U.S. subsidiary, CRISPR Therapeutics, Inc., and R&D operations based in Cambridge, Massachusetts, and business offices in San Francisco, California and London, United Kingdom. For more information, please visit www.crisprtx.com. | | View Today's Stock Pick |
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