Good MorningEquity markets advanced on Tuesday in a day of light holiday week trading. The S&P 500 gained less than a percentage point but set a new two-year high and is on the way to retesting the all-time high soon. Equities will likely move higher this week in a Santa Claus Rally and could set a new all-time high before the New Year.
This week's action will be characterized by low volume. Traders and investors are taking a break, waiting to see what happens with the New Year, inflation and the Fed. There are no earnings reports and few economic releases, so politics and geopolitical tensions could drive a knee-jerk reaction should news develop. Oil is vulnerable to such a move; the price of WTI hit bottom with the FOMC pivot to a less hawkish stance and could be sent sharply higher, given a catalyst. Featured: Trump’s treachery (Ad) 
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Because the past few months in the stock market have been a wild emotional roller coaster, most investors are now looking for the most logical and fundamental reasons to justify investing in any sector. Today, new pieces of data are being blasted across your monitor, so it is alright to feel pulle... Read the Full Story |
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From Our PartnersJeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%...
Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry." | | Click here to watch the demo… |
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Markets | |
The financial sector and popular sector ETF Financial Select Sector Fund (NYSE: XLF) has enjoyed a stellar end to the year. A quick glance at the XLF’s daily chart almost makes it appear like the sector hasn’t experienced a red day in nearly two months.
Thanks to the recent surge in b... Read the Full Story |
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Stocks | | Asian shares advanced on Wednesday, tracking Wall Street gains as markets there reopened for what’s expected to be a quiet, holiday-shortened week of trading.U.S. futures were higher and oil prices were steady.Tokyo’s Nikkei 225 index added 1.2% to 33,681.24 as details of a policy meeting by the Ban... Read the Full Story |
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Markets | |
On Dec. 8, 2023, Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) announced the U.S. FDA approved its sickle-cell disease (SCD) treatment, Casgevy, for patients 12 years or older with recurrent vaso-occlusive crises (VOCs). Casgevy was co-developed with CRISPR Therapeutics AG (NASDAQ: CRSP). It utilizes... Read the Full Story |
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Markets | | Wall Street capped its eighth straight winning week with a quiet finish Friday, following reports showing inflation on the way down and the economy potentially on the way up.The S&P 500 rose 0.2% to sit less than 1% below its record set nearly two years ago. The Dow Jones Industrial Average sli... Read the Full Story |
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From Our PartnersAs you may have seen over the last few weeks, I've been giving out special daily setups on my favorite ticker.
We’ve been taking these setups @ 10AM and so far, we've posted 28 different payouts …
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You see, these setups require zero oversight and have shown the power to deliver in the most chaotic market conditions.
And after a few weeks of fine-tuning … I knew it was time to let you in on The 4 PM Payout Plan.
That's why Jack Carter and I pulled back the curtain to reveal how we've been able to nail in a 96% win rate in the same window the market lost 11 trillion dollars in value. | | We also revealed how you can find and execute these setups on your own without any help at all. |
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Markets | |
Buy-now-pay-later (BNPL) platform provider Affirm Holdings Inc. (NASDAQ: AFRM) stock is up 439% year-to-date (YTD). If you’re wondering if this business services sector company released blockbuster revenues and an earnings blowout, they didn't. In fact, shares were trading around $27 after i... Read the Full Story |
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Markets | | Asian markets were steady in holiday-thinned trading on Tuesday, with some markets in the region closed for holidays. U.S. futures and oil prices edged higher. Shanghai’s benchmark led losses in Asia on heavy selling of technology and computer chip-related shares as worries revived over trade tensio... Read the Full Story |
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Stocks | |
The year 2023 will be remembered as the tipping point for artificial intelligence (AI) in the computer and technology sector. It was the year AI went mainstream and viral. Despite uncertain macroeconomic and geopolitical conditions, high interest rates, layoffs, and cost-reduction initiatives, com... Read the Full Story |
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Markets | | The Cuban government said Friday it will have to either increase prices for fuel and electricity, or reduce rations for basic supplies. President Miguel Díaz-Canel said such difficult measures were needed for difficult times, after the minister of the economy said Cuba’s economy contracted between 1... Read the Full Story |
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Markets | | The Czech Republic’s central bank cut its key interest rate Thursday hoping to give the country's struggling economy a boost.The cut by a quarter of a percentage point brought the interest rate down to 6.75%. It was the first time the bank cut the rate since June 22 last year.Last year the bank rais... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. | View Today's Stock Pick |
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