Good MorningSanta Claus brought the market exactly what it wanted for Christmas, a new all-time high. The S&P 500 advanced more than 1.0% on Monday to close near the high of the session and set a definitive new all-time high. This high breaks the market out of its recent consolidation and could add another 100 points or more to the index before the next level of major resistance is reached.
This week’s action could be a bit volatile due to low volume and engagement. The biggest news of the week will come on Thursday when they release the Chicago PMI. The PMI is expected to advance from the previous month, the question is by how much? Regardless, the data will not likely move the market unless it is wildly out of synch with the consensus estimates. The market will be closed on Friday in observance of the New Year Holiday.
Featured: Do Not Buy Another AI Stock Before Seeing This (Ad) 
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Technology | | Yesterday we wrote about how attractive Micron (NASDAQ: MU) is looking as we close out 2021, with the likes of Mizuho and Citi both calling it a top pick for the coming year. But they’re certainly not alone in attractive semiconductor names, and as was pointed out by the latter, “busines... Read the Full Story |
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From Our Partners | | MindWalk Holdings (NASDAQ: HYFT) is applying AI to drug discovery, and its customer base already includes 19 of the top 20 global pharmaceutical companies.
The company's HYFT technology maps roughly 660 million biological patterns and 25 billion relationships. Q1 fiscal 2027 revenue hit $3.8 million, with gross margin improving to 59 percent in its fifth consecutive quarter of year-over-year growth.
A new OpenFold3 deployment delivered about 5x faster antibody-antigen inference, and a $30 million revolving credit line, free of warrants or equity conversion, adds fuel for expansion. | | Take a closer look at HYFT before AI reshapes drug discovery. |
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Consumer Discretionary | | Organic salad restaurant operator Sweetgreen (NYSE: SG) stock recovering off its recent IPO sell-off as investors take advantage of discounted shares. The Company operates over 140 restaurants with over 5,000 workers underscoring the plant-friendly, locally sourced, organic, and earth-friendly theme... Read the Full Story |
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Communication Services | |
These 3 Stocks are Poised to Rebound in 2022
Although the major market indices like the S&P 500 are trading at all-time highs to end the year, there are plenty of stocks that faced significant selling pressure in 2021 that have yet to rebound. Whether it's businesses that were hurt by the pan... Read the Full Story |
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From Our Partners | | Jeff Brown, the analyst who flagged Bitcoin, Tesla, and Nvidia early, is tracking Elon Musk's next move. He points to a new AI project tied to Musk's Cybercab reveal.
Brown says Musk has opened major investment windows before, with PayPal, Tesla, and SpaceX marking milestones in tech history. He believes a fourth may open by October 30. | | See Jeff Brown's full analysis on Musk's new AI project |
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Finance | |
Factset Research Systems Hits Another New All-Time High
Factset Research Systems (NYSE: FDS) has a strong fundamental story that is driving its share prices higher. Factset Research Systems also has a strong technical story that is pointing not only to higher highs but an acceleration of sentime... Read the Full Story |
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Technology | |
Momentum traders rejoice! A Santa Claus rally triumphantly manifested itself last week paving the way for a possible extended holiday run. The S&P 500 closed the shortened trading week on a festive three-day streak of green that all but erased three straight red sessions.
At the start of the ... Read the Full Story |
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From Our Partners | | Forget Nvidia, Google, Amazon, and Microsoft. Jeff Brown says the next major AI opportunity has nothing to do with AI stocks at all.
Some of these AI assets have posted gains of 200%, 318%, and even 467% in 30 days or less, far outpacing Sandisk, 2026's top-performing AI stock, which rose just 10% in the same stretch.
Brown is highlighting five AI plays he believes carry even more upside potential, plus a free bonus pick. | | Click here to see the five AI plays and free bonus pick |
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Consumer Discretionary | | Wyndham Hotels & Resorts (NYSE: WH), ArcBest (NASDAQ: ARCB) , and Norfolk Southern (NYSE: NSC) are among stocks nearing buy points from constructive consolidations.
After a shaky start, domestic indexes finished last week with gains. That kind of positive action means stocks nearing breakout p... Read the Full Story |
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Industrials | |
Institutional Ownership Is Strong At Enerpac Tool Group
Insider activity in shares of Enerpac Tool Group (NYSE: EPAC) has been sparse over the past 12 months but is no less important to price action today. While there has been only one insider trade in the last 12 months that trade was a purchas... Read the Full Story |
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Technology | | Cloud-based cyber security solutions provider Crowdstrike (NASDAQ: CRWD) stock fell close to 2021 lows after its Q3 2021 earnings report. The cybersecurity company utilizes powerful self-learning artificial intelligence (AI) that gets smarter as it consumes more data. This is illustrated by its evol... Read the Full Story |
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Technology | | Christmas came early this year for investors of semiconductor giant Micron (NASDAQ: MU), who released their fiscal Q1 earnings this day last week. Even though topline revenue was down 7% quarter on quarter, it was still well ahead of what analysts had been expecting. So too was the company’s e... Read the Full Story |
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Materials | |
Keep An Eye on These Gold Stocks Next Year
Gold is a commodity that has historically been viewed as a good hedge against inflation, which is why the precious metal’s price performance over the last year has been a bit puzzling. The SPDR Gold Shares ETF (NYSEARCA:GLD), which is intended to r... Read the Full Story |
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The Early Bird Stock Of The Day Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD. | | View Today's Stock Pick |
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