Good MorningIt's the first trading week of the New Year, and all eyes will be on the data. The monthly labor market data is due over the week and may lead the market to a new high. Solid employment and wage gains will help clear the path to a soft landing, allowing the FOMC to start cutting rates early in the year. As it is, the market expects the first cuts by March.
Earnings season begins next week with reports from the big banks. The banks will likely report robust gains driven by high interest rates; the question is what condition the consumer is in. Consumer spending is the driving force of the US economy; a shock to the spending outlook will undercut the outlook for earnings and any rally that may form in the S&P 500. Featured: Sell these "safe" blue chips immediately (Ad) 
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Markets | |
A new FED has come into play to end 2023 with a major surprise for most investors out there trying to find a direction to bet on and the implications this new view has are plenty, but today, you will focus on how it affects one stock in particular. Because of where Cisco Systems (NASDAQ: CSCO) tra... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Consumer Discretionary | |
Oprah Winfrey revealed she has lost over 60 pounds and is on the path to reaching her weight goal of 167 lbs. She credits this to taking GLP-1 medication and WW International Inc. (NYSE: WW) (WeightWatchers) principles of nutrition and exercise. Winfrey has been a spokesperson, board member and sh... Read the Full Story |
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Consumer Discretionary | |
Only a handful of individuals in history can nod when others advertise them as having a sort of Midas touch, where everything they lay their eyes on seems to turn gold. Warren Buffett can be referred to as the Midas of the stock market, where every stock he picks is almost presupposed to be a sure... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Technology | |
Apple Inc. (NYSE: AAPL) had a stellar 2023, gaining 49.39% for 2023 while maintaining the largest weighting in the S&P 500. While the technology sector juggernaut continues to grow, its sales have been stagnating to single digits, causing investors to wonder if shares are overvalued. Its Teflo... Read the Full Story |
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Finance | |
Interest rates, set by the Federal Reserve (aka “the Fed”), have widespread economic influence. When the Fed changes rates, it affects the cost of borrowing, investment decisions, savings returns, housing markets, bond prices, currency values, stock prices and overall economic activity... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Consumer Staples | |
The clean energy revolution continues accelerating as the world embraces the global decarbonization movement. There are many forms of clean energy, each doing its part to limit greenhouse gases and improve sustainability.
Ethanol is a triple threat as a clean, green and sustainable energy source... Read the Full Story |
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Consumer Discretionary | |
With the S&P 500 index on the verge of hitting an all-time high and many others already there, it's no surprise that investors are enjoying strong year-end rallies. Indeed, all signs point to 2023 being the strongest year since before the pandemic.
Considering how we started the year with re... Read the Full Story |
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Consumer Staples | |
Energy drink maker Celsius Holdings Inc. (NASDAQ: CELH) has been a fast mover since its 2017 IPO and may offer an early buy opportunity.
The Celsius chart shows the stock consolidating above its 50-day moving average, advancing 5.82% on December 26 and another 5.23% on December 27.
Heavier-tha... Read the Full Story |
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Technology | |
You might not think of Microsoft Corp. (NASDAQ: MSFT) as a leader in the cybersecurity space, but the company has been making big strides in that part of the tech industry.
As with many business shifts, Microsoft increased its focus on security after a 2021 incident in which hackers accessed ema... Read the Full Story |
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Consumer Discretionary | |
Perhaps no other industry better exemplifies the “worst to first” phenomenon than cruise lines.
Royal Caribbean Cruises Ltd. (NYSE: RCL) and Carnival Corp. & plc (NYSE: CCL) are among 2023’s top 10 best gainers in the S&P 500, while Norwegian Cruise Line Holdings Ltd. (N... Read the Full Story |
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Tuesday's Early Bird Stock Of The Day MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It offers professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York. | | View Today's Stock Pick |
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