Good MorningEquity markets continue to tread water near critical resistance. Thursday's action was driven by an as-expected read on consumer inflation that reinforces the idea the FOMC will start cutting interest rates soon. The risk is that rapidly slowing inflation will turn into receding inflation and drive the Fed to make aggressive cuts. In that scenario, the release of pent-up demand in the housing sector could send inflation back to record highs.
Next week will bring another hurdle for market participants. The monthly labor data is due out and will either confirm persistent labor market strength and wage inflation or show eroding business activity. In either case, the S&P 500 earnings growth outlook will suffer and cap gains for equities. As it is, the range-bound S&P 500 is trading near critical resistance, showing a string of Spinning Tops with deteriorating indicators with a substantial risk of correction. Featured: Elon’s Biggest Target Yet (Ad) 
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Technology | | If investing were a high-stakes poker game, blue chips would be the ace up your sleeve. But in the unpredictable financial markets, where risk and reward often go hand-in-hand, are these market veterans indeed the gold standard for a prudent investment strategy? Or are you better off rolling the dic... Read the Full Story |
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From Our Partners | | Jeff Brown and Marc Chaikin - two investors who spotted Nvidia a decade ago - are now pointing to Elon Musk's latest AI patent as the catalyst behind their next major call.
They say a market pattern with a 100% historical track record is converging with this new breakthrough by end of month. The last time conditions aligned like this, investors had the chance to turn $10,000 into as much as $350,000 in roughly 12 months.
Brown and Chaikin have released the full details for investors who want to get ahead of it. | | See Jeff Brown and Marc Chaikin's full analysis and next steps here |
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Retail/Wholesale | |
Times when the market begins to send you mixed signals should not be ignored, and today, there is a huge one flashing right at you. Most investors will miss this connection, but you are not like most investors; you came to the right place to get data-driven answers for your portfolio.
The United ... Read the Full Story |
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Aerospace | |
General Electric’s (NYSE: GE) Vernova unit- to be spun off early in the second quarter of 2024, has been putting together the pieces of a lithium-battery business with implications for not only EVs, but the entire power grid.
In mid-November, GE Vernova inked a deal with Michigan-based ener... Read the Full Story |
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From Our Partners | | Your account is not currently signed up for MarketBeat's free Monday morning stock ideas. Our team is going to be releasing an important pick on Monday morning and we want to make sure that you are able to see it. | | Add your name to the distribution list here |
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Retail/Wholesale | |
There are some concerns that Five Below (NASDAQ: FIVE) is overvalued, trading at 34X this year's earnings, but some factors suggest this stock is still undervalued relative to peers and its outlook. The company is well-positioned in the off-price retail space, resonating with consumers and is on t... Read the Full Story |
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Technology | |
Salesforce.com (NYSE: CRM) has been a brutal trade over the past year or two. The stock price came under pressure following the pandemic bubble, and fears of slowing growth amplified the effect. Each time the company produced better-than-expected results, bears sold into the rally, creating a stri... Read the Full Story |
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From Our Partners | | OpenAI and Anthropic are moving closer to the public markets - and that shift could pull serious capital into AI infrastructure, chips, cloud, and data centers.
A fresh report breaks down 9 public AI stocks positioned to benefit before, during, and after this IPO wave - including a chip name tied to U.S. AI manufacturing, a cloud play with improving momentum, and a data analytics company with enterprise upside. | | Review the full 9-stock AI report and see who makes the list |
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Retail/Wholesale | |
Foot Locker (NYSE: FL) has struggled over the past year as supply chain headwinds turned into inventory headwinds compounded by sluggish consumer trends and the post-pandemic letdown in spending. Today's takeaway is that reality is not as bad as the fear, and now the stock is in rebound mode. The ... Read the Full Story |
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Retail/Wholesale | |
It was once famously said as General Motors (NYSE: GM) goes so goes the nation. Today, investors who are looking at which direction the nation, or at least the national economy, is moving may want to look at Dollar Tree Inc. (NASDAQ: DLTR). If that theory is true, the predictions of an upcoming re... Read the Full Story |
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Technology | |
Because AI is so data-centric, based on big data, data mining and the algorithmically-produced insights that come from it, it is no surprise to see stock market-oriented businesses such as Marketbeat leaning into the technology. The stock market is all about data and generates it in terabytes. Mar... Read the Full Story |
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Finance | |
Marketbeat.com provides numerous tools for investors to help them with due diligence, including analyst-tracking algorithms. The analyst-tracking algorithms screen for new coverage, price target revisions and rating changes, but that is just the tip of the iceberg. Marketbeat provides information ... Read the Full Story |
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Technology | |
Having rallied 125% from May all the way into last week's Thanksgiving holiday, investors were clearly expecting good things from Zscaler Inc's (NASDAQ: ZS) latest earnings report. The cyber-security titan reported their fiscal Q1 earnings after the bell rang to end Monday's session, and they didn... Read the Full Story |
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Friday's Early Bird Stock Of The Day Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels, commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives; and transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. | | View Today's Stock Pick |
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