Good MorningEquity markets had a lot to give thanks for on Monday and rose 0.75%. The move took the S&P 500 to the highest level since July and is on track to continue higher. The market is at a critical resistance point that, if crossed, opens the door to a larger move. The S&P 500 could advance to the 4,800 level in this scenario before hitting its next resistance point.
This week is an uncertain time for the market. The end of the Q3 earnings reporting season is at hand, and holiday trading conditions are present. This means low volume and an above-average chance for volatility. Because the biggest name reporting this week is NVIDIA, there is a good chance that markets will be volatile on Friday. NVIDIA is expected to nearly triple its revenue compared to last year and may exceed that given the demand for AI and services. Featured: Trump goes "all-in" on Grand Canyon energy breakthrough (Ad) 
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Welcome to the jungle. Today's stock market is not the one you inherited from your parents or even your grandparents. In prior generations, information took a bit longer to spread across sectors and investors. It took time for everyone to make the same sensible buy or sell decision.
Today, infor... Read the Full Story |
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From Our Partners | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Consumer Staples | |
Results from the membership clubs lag retail leaders, but signs within the reports point to improved leverage. While sales and earnings growth in Sam's Club (NYSE: WMT) and BJ's Wholesale Club (NYSE: BJ) lags behind Sam's Club parent Walmart and off-price retailers like TJX Companies (NYSE: TJX), ... Read the Full Story |
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Consumer Discretionary | |
Aftermarket auto parts retailer Advanced Auto Parts Inc. (NYSE: AAP) has dramatically underperformed its Auto/Tires/Trucks sector peers. Its shares are trading down 66.8% year-to-date (YTD) compared to O'Reilly Automotive Inc. (NASDAQ: ORLY) shares trading up 15.2% and AutoZone Inc. (NYSE: AZO) tr... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
A new premium eBook flags 7 stocks that may be worth knowing about before the broader crowd catches on. You don't need to buy any of them - just knowing what's quietly gaining attention can be useful. | | See the 7 stocks on the watchlist while it's still free |
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Communication Services | |
Programmatic advertising technology (AdTech) platform provider The Trade Desk Inc. (NYSE: TTD) saw its shares plunge 30% after reporting a strong Q3 2023 earnings report followed by soft Q4 2023 guidance. The company is the leading independent demand-side platform (DSP), which enables advertisers ... Read the Full Story |
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Communication Services | |
Advertising technology (AdTech) is driven by programmatic advertising platforms in the Business Services sector. These platforms enable advertisers to use automation and algorithmic programming to bid for ad inventory through numerous networks on a demand-side platform (DSP). Sell-side platforms (... Read the Full Story |
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From Our Partners | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Technology | |
The most upgraded stocks in November, the top seven listed on MarketBeat's platform, all have two things that aren't surprising in common. The first is that they are all monetizing AI. AI is hot, but most of the buzz is in its development and deployment; the average company's revenue and profit ga... Read the Full Story |
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Technology | |
Business collaboration software-as-a-service (SaaS) developer monday.com Ltd. (NASDAQ: MNDY) had its sixth consecutive earnings blowout. While revenue growth is decelerating to 38% from the 40% and 50% year-over-year (YoY) growth in its prior two quarters, the company continues to crush estimates ... Read the Full Story |
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Consumer Staples | |
During the holiday season, Wall Street will pay particular attention to retail stocks in what tends to be their make-or-break time of the year.
Some individual names like Ralph Lauren Co. (NYSE: RL) have been having a decent year, some big names like Target Corporation (NYSE: TGT) have been stru... Read the Full Story |
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Consumer Discretionary | |
Despite a murky retail outlook, the discretionary names outperform. The S&P 500 Discretionary Sector (NYSEARCA: XLY) is the second-strongest growing sector in the third quarter (Q3); it outperformed its consensus expectation by double and can continue this trend in Q4 and 2024. Some discretion... Read the Full Story |
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Technology | |
Dell Technologies Inc. (NYSE: DELL) has been on a tear after gapping up 21.25% on September 1.
The Dell Technologies chart shows the stock breaking out of a double-bottom base above a buy point of $70.77 and rising. The stock closed at $73.60 on November 17, a new closing high.
The stock is cur... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform. Roblox Corporation was incorporated in 2004 and is headquartered in San Mateo, California. | | View Today's Stock Pick |
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