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: The case for trading fewer setups, not more (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 | | Oracle runs 15,000 stocks through the same filter every single day, scanning for precise setups before the opening bell - no emotion, no guesswork.
Tim Bohen, Lead Trainer at StocksToTrade, is walking through this week's flagged setups and showing exactly how the scanner works in a live training right now. | | Watch the scanner in action and join the live training now |
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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 | | Every morning before the market opens, a scanner called Oracle runs through 15,000 stocks and scores the setups — so there's already a plan in place by 6:15 a.m.
Lead Trainer Tim Bohen of StocksToTrade is walking through exactly how Oracle works and how regular traders are using it in a training running right now. | | Watch the Oracle training now and see how the scanner works |
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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 | | The U.S. government has taken roughly a 10% stake in Intel, negotiated a 15% cut of Nvidia and AMD chip sales to China, and reportedly received a 5% ownership offer - worth around $40 billion - from the most valuable AI company on earth.
Porter Stansberry calls it the New U.S.A.I. - a state-backed arrangement where Washington and a handful of tech giants are fused at the balance sheet. A small number of companies get pulled inside. Everyone else gets frozen out, including names sitting in your index fund right now. | | Watch the documentary to see which companies are on the right side |
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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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Retail/Wholesale | |
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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