Good MorningEquity markets advanced following as-expected inflation data and a shift in Fed policy. The Fed indicated rate cuts are likely in 2024, marking the top of the rate hiking cycle. The bad news is that inflation continues to run hot so higher-than-normal interest rates will persist for some time. Even with the 75 basis points of cuts indicated, the market will end the year with rates at 4.5% or higher and double the rate going into the COVID-19 pandemic.
The S&P 500 is moving higher, and a Santa Claus Rally is likely; this week's PCE price index is a likely catalyst for the bulls. The risk is that markets remain below critical resistance at the all-time high which might cap gains for this year and next. However, if the S&P 500 can move above the all-time and sustain it through January, the odds are high that the market will continue to rally in 2024. Featured: 5 dividend stocks worth owning in any market condition (Ad) 
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Finance | |
The BRICS are comprised of Brazil, Russia, India, China and South Africa and have a population exceeding 4.4 billion people. These are considered growing economies with abundant, rich natural resources. However, they also come with political instability and geopolitical tensions, as evidenced by t... Read the Full Story |
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From Our Partners | | Renewed tensions involving Iran are putting global oil supplies back in focus - and history shows certain energy stocks respond before the broader market catches on.
A new report identifies three energy stocks emerging from today's supply disruptions. One is already benefiting from the current environment; the other two may not be on your radar yet. | | See which three energy stocks made the list and why they stand out |
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Aerospace | |
The aerospace sector has been red hot in 2023. While it was an epicenter sector during the pandemic, positive normalization has finally come to fruition as the travel boom sent airlines into hyperdrive, looking to grow and modernize their fleets. The Boeing Co. (NYSE: BA) shares have risen to 52-w... Read the Full Story |
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Industrials | |
Generac Holdings Inc. (NASDAQ: GNRC) manufactures power generators and energy management solutions for residential, commercial and industrial markets. It's a member of the industrial sector. While they are popular with consumers for their portable backup power generators pitched often through info... Read the Full Story |
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From Our Partners | | Most AI portfolios hold the same handful of chip and software names - and completely ignore the physical layer. One perception-hardware company posted ~49% Q1 revenue growth with four partnership announcements in a single month.
A free report names seven companies building the automation, robotics, and semiconductor-test infrastructure that AI requires to move beyond the data center - including an automation giant that raised full-year guidance after quarterly sales rose ~12%. | | Click here to get your free copy of this report today |
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Consumer Staples | |
Tax-loss selling occurs as investors dump their underperforming stocks to take the capital loss and wait 30 days to buy them back to avoid the wash rule. This causes underperforming stocks to fall in December and bounce back in January and February as investors buy back into the same shares. The w... Read the Full Story |
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Markets | |
Costco Wholesale Corporation (NASDAQ: COST) is not a cheap stock, and it has been trending at all-time highs, begging the question: How high can it go?
The Q1 results, cash flow, balance sheet and the special dividend it allows suggest higher, much higher. While it is the premium stock in retail ... 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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Retail/Wholesale | | Specialty retail stores are unique consumer stores that cater to a particular niche or carry only a select group of products. In a market of constantly changing consumer trends and buying habits, some investors are looking to specialty retailing outlets and their loyal customer bases as a source of ... Read the Full Story |
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Medical | |
The United States healthcare system includes two sectors: public endeavors like Medicare and Medicaid and private health insurance companies. Healthcare stocks represent a significant section of the U.S. economy, with many medical companies included in indexes like the S&P 500. But which medic... Read the Full Story |
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Finance | |
Healthcare is one of the largest and fastest-growing sectors in the global economy, with many opportunities for investors. From breakthrough treatments to innovative technologies, healthcare companies are at the forefront of innovation and poised for growth in the years ahead.
For those looking ... Read the Full Story |
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Retail/Wholesale | |
Some swear the market is about to go on a tearing rally and stay in a bull market for the foreseeable future; others say that the Federal Reserve is only entertaining rate cuts, preparing to cushion some economic crash soon.
While nobody other than Warren Buffett holds a crystal ball, there are ... Read the Full Story |
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Construction | |
Lennar Corporation (NYSE: LEN) share prices pulled back following the Q4 release, but this is a classic buy-the-dip opportunity. The strong results relative to the consensus figure were not unexpected in light of the recent run-up in share prices.
The company's stock has increased 50% over the l... Read the Full Story |
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Monday's Early Bird Stock Of The Day RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California. | | View Today's Stock Pick |
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