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: What 60 companies just admitted under penalty of perjury (Ad) 
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Medical | |
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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From Our Partners | | 7 Cheap and Good Stocks to Buy Now 💰
Warren Buffett's secret? Buying quality businesses at bargain prices. Right now, 7 excellent stocks are trading at massive discounts. Including a semiconductor giant dominating automotive chips (Stock #5) and an AI software innovator generating billions (Stock #7). | | Don't miss out on these incredible opportunities. |
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Technology | |
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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Medical | |
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 Partners | | In February 2016, Nvidia was trading at $2.51 split-adjusted - and a specific data pattern had already flagged it before Wall Street caught on.
That same pattern is now pointing at a single company. One analyst is revealing the ticker in a free presentation, available for a limited time. | | Access the free presentation and get the ticker before it closes |
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Technology | |
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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Business Services | |
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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From Our Partners | | SpaceX is targeting an IPO on June 11th, with trading set to begin June 12th and the roadshow kicking off June 4th. The company recently issued a 5-for-1 stock split, dropping shares from $526 to roughly $105 - a deliberate move to open access to everyday investors.
SpaceX controls two-thirds of all satellites in orbit, accounts for 85% of global rocket launches, and has collected $13 billion from NASA over the past decade. Analyst Matt McCall has spent months researching how investors can get a stake before the IPO through a regular brokerage account, for less than $100. | | Watch the free presentation before the June 4th roadshow begins |
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Technology | |
While the artificial intelligence (AI) computing market has been dominated by Nvidia Co. (NASDAQ: NVDA), new challengers are invading their turf with their own AI accelerators. 2024 should prove to be epic in terms of the evolution and adoption of AI technology in the computer and technology secto... Read the Full Story |
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Finance | |
Most Wall Streeters can tell you that the time to step away from the desk and 'live a little' is when the VIX is low, and stocks aren't set to move as quickly. However, the veterans will correct that lesson and tell you that quiet VIX times are when you need to hone into an excellent strategy to m... Read the Full Story |
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Technology | |
Industries that have stood the test of time are typically very reliable and provide an extended track record of success; what most people (and investors) need to prepare for is an inevitable wave of innovation, usually driven by technology, to bring on efficiency. More important to you than effici... Read the Full Story |
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Finance | |
As the overall market edges closer to its all-time high, with the SPDR S&P 500 ETF Trust (NYSE: SPY) trading at its 52-week high, highly shorted, previously beaten-down stocks have been a significant theme and area of focus for investors and traders.
Why has this been the case? High-shorted s... Read the Full Story |
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Finance | |
Most investors can only dream of matching even 1.0% of a successful investment track record like Ray Dalio's. His hedge fund, Bridgewater Associates, is the largest one in the world, and they have stopped accepting new investor money because the returns alone outpace any sort of inflow they can ca... 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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