Good MorningEquity markets began the week on uncertain footing as investors look ahead to what December will bring. The S&P 500 hugged the flat line throughout the day, leaving the markets slightly lower at the session's end. The cause for concern includes the OPEC+ decision on production targets, which was delayed from last week, and the October reading of the PCE price index. OPEC+ is expected to reduce production to support oil prices, and the PCE index is expected to cool. While one new byte is expected to cap gains in equity markets, the other could spur the market to new heights. In either case, investors should not chase prices and be prepared for volatility.
The question on everyone's mind is if Santa Claus will bring a rally to town this year. The Santa Claus Rally traditionally starts a week or two before the Christmas Holiday and tends to leave equity markets higher at the end of December. This is more true in election years when pre-election positioning helps to lift equities. If Santa Claus does bring a rally to town, the S&P 500 could end the year at a record high.
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Finance | |
What a year November has been; that's right, a single month felt like a whole year for some investors, who saw the S&P 500 run up more than 10.0% while the VIX crashed from above 22.0% to its lowest point since 2019. This may make you feel like you missed the boat, but don't give up.
There is... Read the Full Story |
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It's a single-page, seven-point filter designed to help traders identify weak setups before placing any options trade. Print it, keep it at your desk, and run it before every trade. The download link expires soon. | | Download your free copy of the Smart Trade Options Checklist now |
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Technology | |
Upwork. Inc. (NASDAQ: UPWK) has been pursuing its goal of being the world's preeminent destination for artificial intelligence (AI) related talent and freelance work. The business services sector company is directly capitalizing on the AI trend to help it achieve sustained GAAP profitability. Comp... Read the Full Story |
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Auto/Tires/Trucks | |
The Chinese electric vehicle (EV) maker Li Auto Inc. (NASDAQ: LI) distinctly stands out from its peers Nio Inc. (NYSE: NIO) and Xpeng Inc. (NASDAQ: XPEV) because it's profitable. Profits and EVs seem to be two words that rarely belong in the same sentence. As a member of the Auto/Tires/Trucks sect... Read the Full Story |
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From Our Partners | | Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security.
The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move. | | Watch the documentary briefing and find out which side you land on |
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Markets | |
Generic and specialty pharmaceutical company Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) stock has underperformed for nearly a decade. The company has finally settled over 99% of its Opioid and price-fixing litigation in the United States. As a member of the medical sector, the focus is now b... Read the Full Story |
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Technology | |
Having traded in a tight, but mostly upwards, trend for the past couple of months, investors in Autodesk Inc (NASDAQ: ADSK) got a small pre-Thanksgiving surprise last week. And not the good kind. On Wednesday morning, the team at Piper Sandler downgraded the architectural software company to a Neu... Read the Full Story |
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From Our Partners | | Bank of America just revealed your expiration date. In their Bloomberg interview, they didn't just predict the digital dollar. They gave us the timeline… 2025 to 2030. We're in that window right now.
Once the digital dollar launches, every transaction you make will be tracked. Your spending could be controlled. Your accounts could be frozen.
Over 4,500 investors have already used this legal backdoor to hold assets CBDCs can't freeze and generate yields the Federal Reserve can't touch. | | Watch how to access the legal backdoor before it closes. |
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Auto/Tires/Trucks | |
Shares of Tesla Inc. (NASDAQ: TSLA) are having a banner month, advancing more than 17% so far in November. Nonetheless, shares are still underperforming some other automotive stocks, including Stellantis N.V. (NYSE: STLA) and BYD Co. Ltd. (OTCMKTS: BYDDF).
However, Tesla stock has been outperform... Read the Full Story |
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Retail/Wholesale | |
With a 25% rally over the past month sending shares to their highest level in eighteen months, Amazon.com Inc's (NASDAQ: AMZN) investors have been given an early Christmas present. In many ways, this latest push is just the continuation of the rally that kicked off in January, albeit with a sharp ... Read the Full Story |
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Consumer Staples | |
Sports nutritional products maker BellRing Brands Inc. (NYSE: BRBR) has seen its stock surge to new all-time highs driven by the popularity of GLP-1 weight-loss medication usage. While the name of the company may not sound familiar, this consumer staples company's products are commonly found at gr... Read the Full Story |
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Technology | |
It is unlikely that NVIDIA (NASDAQ: NVDA) will lose its top spot in the AI world soon. The company has too big a lead and too much market share to fall by the wayside without some fundamental shift in the landscape. However, losing market share to competitors like Advanced Micro Devices (NASDAQ: A... Read the Full Story |
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Markets | |
In a sea of Cyber Monday promotions, Livent Corporation (NYSE: LTHM) stock may be one of the best deals around.
With the broad U.S. equity market donning its Santa rally cap, the Philadelphia-based lithium pure play has finished lower for six consecutive weeks — and is trading more than 60%... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands. The company also offers hosiery products comprising athletic; dress; and casual, liner, therapeutic, and workwear socks under the Gildan, Under Armour, GoldToe, Signature Gold by Goldtoe, Peds, MediPeds, All Pro, and GoldTeo Edition TM brands. In addition, it provides men's and boys' underwear products, and ladies panties under the Gildan and Gildan Platinum brands. The company sells its products to wholesale distributors, screen printers, and embellishers, as well as to retailers and lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada. | | View Today's Stock Pick |
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