Good MorningEquity markets surged on better-than-expected results from Facebook parent Meta Platforms. The news sent the stock up more than 20% and the NASDAQ more than 3.0%, but both closed well off of their highs. The takeaway from the report is that business has bottomed, but there are still hurdles ahead, so investors should be wary of the surge in prices.
The S&P 500 gained more than 1.25% on Wednesday and broke above 4,150. This is a potentially bullish move for the market, but risk is still ahead. The 4,300 level marks the top of a significant resistance range and needs to be broken for the rally to continue. If not, this market may peak soon and begin to move lower. The forward outlook for earnings continues to weaken, and that is what will drive the market into the end of Q1 and start of Q2 2023. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
If you’re still thinking of Microsoft Corporation (NASDAQ: MSFT) as a sleepy maker of productivity tools, then its massive forays into the world of artificial intelligence may surprise you.
More of its product offerings incorporate AI solutions as the company aims to grow its capabilities ... 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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Markets | | If you were an active trader during the early months of 2021, you could watch the meme stock rally unfold in real time. Investors and institutions will study the events of that time for decades as immense fortunes were made (and lost) in just a few weeks. While meme stocks are fizzling out today, it... Read the Full Story |
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Markets | |
Gains in Tesla Inc. (NASDAQ: TSLA), Zoom Video Communications Inc. (NASDAQ: ZM) and Exact Sciences Corp. (NASDAQ: EXAS) are propelling the Ark Innovation ETF (NYSEARCA: ARKK) to better-than-ever monthly gains.
Does that mean the Ark Innovation ETF, which notched one of the best performances among... 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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Auto/Tires/Trucks | |
Mullen Automotive (NASDAQ: MULN) did it again. The company released more good news that has the market moving higher. The latest news in a string of positive events that could launch this company to success is a new pilot program at LAX. The program collaborates with Menzies and builds on the part... Read the Full Story |
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Auto/Tires/Trucks | |
Harley-Davidson (NYSE: HOG) has not had an easy time over the past 5 or 6 years, but those tough times are rapidly falling behind. The company’s Hardwire strategic plan and the push into EV via the LiveWire segment are gaining traction and have this stock set up for a good year in 2023. Econ... 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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Technology | |
Meta Platforms (NASDAQ: META), formerly known as Facebook, showed signs of a bottom long before the Q4 results were released. However, the combination of technical activity and analysts' sentiment had the stock in a rebound from 7-year lows, which was confirmed by the Q4 results. The question now ... Read the Full Story |
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Transportation | |
Alaska Air Group (NYSE: ALK) recently published its Q4'22 and FY22 results, which are generally positive.
Shares of the airline are up 1.21% over the past five days and even higher at a 22.96% gain over the past month. However, the company isn't looking too good over the past year, as it's curren... Read the Full Story |
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Technology | |
Apple Inc (NASDAQ: AAPL) is set to report earnings for the first quarter of the fiscal year 2023 after this evening’s closing bell. As one of the world's largest and most influential tech companies, Apple's earnings report is always highly anticipated by investors and industry experts.
Ther... Read the Full Story |
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Technology | |
T-Mobile US Inc. (NASDAQ: TMUS) had a choppy day after reporting mixed earnings. But the company is up about 3% for the week starting January 30. And TMUS stock took part in the January effect by climbing over 9% for the month.
The company is reporting that its affordable pricing plans are help... Read the Full Story |
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Energy | |
The market for Exxon Mobil Corporation (NYSE: XOM) was mixed in the wake of the Q4 results because the company did not raise its dividend like Chevron (NYSE: CVX) did. There was a possibility the company could do so, although it was slim, considering it had just increased the payout the previous q... Read the Full Story |
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Friday's Early Bird Stock Of The Day Cadiz Inc., together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources. It serves public water systems, government agencies, and other clients. Cadiz Inc. was founded in 1983 and is based in Los Angeles, California. | | View Today's Stock Pick |
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