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: The 7 Stocks Quietly Gaining Attention Right Now (Ad) 
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Industrials | |
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 | | Rumors are circulating that Elon Musk is preparing to acquire three publicly traded companies.
Dr. Mark Skousen, who met Musk in person and called the SpaceX listing months early, says he has identified all three targets in what he calls Elon's $2.1 Trillion Hit List.
See the three companies before the rumors become headlines. | | Get the details on all three companies now |
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Markets | |
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 | | A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years.
While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million.
One company controls the entire supply chain behind this discovery. | | See the ticker behind this Grand Canyon energy breakthrough now |
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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 | | Matt Monaco started with a $2,000 trading account and no clear strategy. After two years of trial and error, he crossed $1 million in 2020.
Today his account sits at $3 million, generating roughly $100,000 a month using a repeatable system he calls The Income Blueprint.
He's revealing the exact five-step scan and three trading lanes behind it in a free live training. | | Reserve your seat and claim The Income Blueprint free |
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Consumer Discretionary | |
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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Consumer Staples | |
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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Healthcare | |
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 Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California. | | View Today's Stock Pick |
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