Good MorningEquity markets advanced the week of Thanksgiving as investors gave thanks for slowing inflation. Although still hot, inflation has cooled to the point that the FOMC is expected to start cutting rates in the first half of 2024. The coming week's PCE Price Index may confirm the trend and, if so, spur the market to new highs. The risk for traders and investors is that the market will top out soon due to the declining estimates for Q4 earnings.
The Q3 earnings season was better than the consensus estimate at the start of the reporting season, which aligns with the trend. The consensus for Q4 imploded during the cycle, which also aligns with trends and suggests a weak holiday quarter and earnings weakness in Q1 of 2024. In this scenario, a persistently declining outlook for earnings will weigh on the market as the quarters progress and keep the market range bound regardless of the FOMC's next move. Featured: The suits might come after me for showing you this (Ad) 
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Finance | |
Some economists and housing analysts say home prices will likely decline soon, just as existing home inventory is rising. According to November 22 data from real estate platform Redfin, median sale prices are declining in several U.S. metro areas, including Austin, San Antonio and Fort Worth in Te... Read the Full Story |
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From Our Partners | | Trader Graham Lindman has built a strategy around a repeating anomaly that appears in the first 60 minutes of every trading day - and it never requires holding positions overnight.
The setup has recently been refined to target up to 100% payouts by holding through the close, with 10 consecutive winning trades logged during one of the most volatile stretches since the Tariff Wars.
A new signal opportunity opens tomorrow. | | See how to join Graham Lindman's next trade before it opens |
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Markets | |
Sleep, we all need it. But can you profit from it? While sleep is a staple of everyday life, retailers are feeling the pullback in consumer spending. Sleep products range from mattresses, frames and bases to bedding and accessories. The manufacturers and retailers that make these products fall und... Read the Full Story |
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Retail/Wholesale | |
The third-quarter 2023 earnings season is in the books as markets prepare for the year-end holiday shopping season. Sports retailers showed very impressive performance in Q3 2023 and raised their outlook for Q4 2023.
An investor would assume that a blowout performance and raised forecast would re... Read the Full Story |
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From Our Partners | | Roger Scott just unveiled a day-trading tool designed to identify the first wave of institutional buying before a full order moves through the market - potentially in minutes.
On April 14th, the tool flagged early institutional buys on HOOD at 9:45 am, delivering a 24% return in 6 minutes. Minutes later, a signal on MSTR locked in a 33% return in 12 minutes. Free access is available now. | | Secure your free pass to the real-time institutional order tracker today |
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Consumer Discretionary | |
There’s no getting around it: V.F Corporation (NYSE: VFC) has had a horrible three years. Since Thanksgiving 2020, retailer shares have dropped 80%, which has put them back trading at 2006 levels. Indeed, one is left wondering what kind of investor has stuck around with them for that long. M... Read the Full Story |
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Manufacturing | |
Little-known wellness and functional beverage company Safety Shot (NASDAQ: SHOT) captured headlines and imagination this week as its stock surged higher on exceptional volume. The small-cap company saw its stock rise triple-digits before falling dramatically on Wednesday but remains green on the w... Read the Full Story |
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From Our Partners | | Roger Scott spent twenty years on Wall Street moving billions through the market. Now he's exposing the 'empty chair' signal he says sits behind the most stunning stock moves retail investors rarely hear about.
The same signal reportedly triggered a 138% return on WMT in two weeks and a 157% return on Cencora in one week, according to his research. | | Watch Roger Scott reveal the empty chair signal today |
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Consumer Staples | |
Family. Friends. Health.
There is certainly much to be thankful for this time of year.
A recent Los Angeles Times column includes some unusual items. Rain. Electric cars. Christmas catalogs. Taylor Swift and Trace Kelce.
We’ll add one more thing on the list — undervalued stocks.
... Read the Full Story |
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Retail/Wholesale | |
Sometimes, buying the dip on a stock can turn into trying to catch a falling knife, and the consequences may be more expensive than a hospital visit and a few stitches. However, there are times when being a contrarian and buying the dip on the right stock can do wonders for your wealth-creation jo... Read the Full Story |
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Retail/Wholesale | |
Kohl's Corporation (NYSE: KSS) followed the trend among retailers this earnings season. It beat on the top and bottom lines but issued mixed to soft guidance that sent the stock lower. Specifically, KSS stock dropped 13% after releasing its earnings.
But the stock has recovered some of those gain... Read the Full Story |
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Technology | |
When the VIX falls below 15%, it's time to cut the games and get serious. Opportunities become scarce without volatility, so you must employ extra scrutiny to pick the right stocks to invest in. Luckily, this also means that Wall Street is on vacation, leaving many good deals on the table.
Today,... Read the Full Story |
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Industrials | |
The year is nearly over, and there are few opportunities out there. With a VIX falling below 15% on the heels of the holiday season, it looks like Wall Street is getting ready to hibernate until there is some news to write home about next year.
A list of stocks with double-digit upside carry the... Read the Full Story |
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Monday's Early Bird Stock Of The Day BILL Holdings, Inc. provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services. In addition, the company's artificial intelligence enabled software provides connections between suppliers and clients. It serves accounting firms, financial institutions, and software companies. The company was formerly known as Bill.com Holdings, Inc. and changed its name to BILL Holdings, Inc. in February 2023. BILL Holdings, Inc. was incorporated in 2006 and is headquartered in San Jose, California. | | View Today's Stock Pick |
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