Good MorningEquity markets rebounded on Thursday on hopes that labor data would be a Cinderella story. The data can not be too hot or cold or may raise fears of higher interest rates for longer or looming recession, depending on which way the wind blows. In either case, the outcome for the S&P 500 will be tepid earnings growth in 2024. The S&P 500 advanced 0.75% at the session's peak and remains within a tight range at critical resistance.
Next week will be a hot one for traders. The economic calendar is filled with potentially market-moving events running from the Retail Sales figure through inflation and an FOMC policy announcement. What makes next week different from others is that the PPI and CPI will come out ahead of the FOMC decision and could drastically alter the outcome. The data is expected to cool from the previous month; the question is by how much. Enough to put the committed on track to cut rates in early 2024 or enough to cause concern that inflation is falling too fast? Featured: Elon’s big $266,000 per second purchase (Ad) 
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Transportation | |
In the 12-year cycle of animals in the Chinese zodiac, 2024 will be the Year of the Dragon. If equity investors get their way, it will be a green dragon.
Barring a big December rally, China’s stock market will finish in the red for the third consecutive year in 2023. Chinese stocks listed i... Read the Full Story |
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From Our Partners | | Bill Poulos is offering his Smart Trade Options Checklist at no cost today - normally priced at $29.97.
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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Finance | |
The biotech sector, iShares Biotechnology ETF (NASDAQ: IBB), has enjoyed steady buying lately, closing in the green for seven consecutive days. The recent rally comes after the sector ETF broke out of a tight consolidation after sharply bouncing from its 52-week low.
Buyers have stepped in since ... Read the Full Story |
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Finance | |
The world of global token exchange (GTE) technology is rapidly making digital exchange easier, cheaper and more secure. Some have designated it "the next big thing," bigger than artificial intelligence or 5G technology.
However, investing in this exciting new area can feel daunting. By the end o... 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 | |
If you're looking to invest in the stock market, you may have heard the term "consumer staples stocks."
But what are consumer staples stocks, and why should you consider adding them to your investment portfolio? We will teach you how and why consumer staples stocks are essential. Plus, we will e... Read the Full Story |
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Markets | |
Healthcare is a necessity in our everyday lives. Advancements in medicine and medical treatments have helped people live longer and healthier. While they say you can't put a price on good health, you can invest in it. Healthcare is a big business.
Healthcare is one of the 11 sectors that compris... 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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Retail/Wholesale | |
Investing in blue chip stocks has been a tried and true method of wealth creation for American investors for more than a century. But when you think of blue chip stocks, you usually think of long-standing financial or industrial companies like JPMorgan Chase (NYSE: JPM) or Caterpillar Inc. (NYSE: ... Read the Full Story |
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Markets | |
The term "forward dividend yield" sounds complicated, but it's not. Investors often use this metric to consider adding to their portfolios when evaluating dividend-paying stocks. It can be a valuable measure to help determine the potential income a stock can deliver. It can also help gauge when th... Read the Full Story |
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Medical | |
November certainly didn’t disappoint.
Known for historically being the strongest month of the year for U.S. stocks, the Dow and S&P 500 both gained nearly 9% last month. The Nasdaq, almost 11%. Softer economic data has brought tidings of joy for investors banking on a less hawkish Feder... Read the Full Story |
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Technology | |
Braze, Inc. (NASDAQ: BRZE) emerged as a solid play on business services, AI and cloud stocks earlier this year, and it is gaining momentum. The Q3 results were strong enough to spark a series of price target upgrades that have the stock up 5% in premarket trading and on track for another 30% gain ... Read the Full Story |
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Medical | |
Shares of CVS Health Corporation (NYSE: CVS) have been enjoying a decent run this month, with a 10% gain in less than two weeks. It comes after multiple months of consolidation and sideways trading, as investors and the stock stabilized after its 40% plunge.
What’s also helping is a run of... Read the Full Story |
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Friday's Early Bird Stock Of The Day Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company was incorporated in 1967 and is headquartered in Santa Clara, California. | | View Today's Stock Pick |
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