Good MorningEquity markets continued to advance into all-time-high territory following the initial reading of Q4 GDP. The read came in hotter than expected, which is good news at face value but poses a risk for the market. The economy continues to be resilient despite high FOMC interest rates and is sustaining higher-than-wanted inflation. The GDP included cooler inflation data, but it is rear-looking. The more important inflation data is due today may tell a different tale.
Analysts expect the PCE price index to show core inflation accelerate compared to the prior month. If so, it will confirm the suspicion that inflation is not tamed and the FOMC will keep rates higher for longer than is currently expected. This means the FOMC may not make the first rate cut until later in the year, raising the risk of damaging the system and sparking a recession. Until then, the trend in the S&P 500 is upward and not likely to end without a change in the fundamentals. Featured: Elon’s big $266,000 per second purchase (Ad) 
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Technology | |
Wall Street has high expectations for Palantir Technologies Inc. (NYSE: PLTR) when it reports fourth-quarter and full-year results on February 5. The data analysis and data-mining software maker is forecast to earn eight cents a share on revenue of $603.48 million for the fourth quarter.
Those wo... 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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Technology | |
Semiconductor stocks are on a long-term uptrend that began on October 22, with analysts seeing more room for the sector to run.
Plenty of recent developments have investors smashing the "buy" button.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) stock gapped up nearly 10% on January 1... Read the Full Story |
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Markets | |
Bank stocks and other financials tracked in the Financial Select Sector SPDR Fund (NYSEARCA: XLF) are rallying to two-year highs, with Discover Financial Services (NYSE: DFS) among the leaders.
Heavily weighted sector components Berkshire Hathaway Inc. (NYSE: BRK.B) and JPMorgan Chase & Co. ... 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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Finance | |
Retail banking has gone through a digital transformation over a decade or two. The advent of mobile banking has been the key driver of thinning foot traffic at physical bank branch locations, resulting in the perpetual closure of bank branch offices as more consumers migrate to online and digital ... Read the Full Story |
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Markets | |
Few buzzwords have garnered more attention in the financial services industry lately than "fintech." Every week, a new finance product or startup seems to be attempting to utilize automation, artificial intelligence, or data analysis to serve clients better.
But what are fintech companies exactl... 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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Medical | |
Abbott Laboratories (NYSE: ABT) share price fell following its Q4 2023 results, but investors should be cheering the news. The decline is a response to a report that was largely as expected, with the expectation being healthcare industry normalization and return to growth. The takeaway is that COV... Read the Full Story |
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Technology | |
Super Micro Computer (NASDAQ: SMCI), a major standout in the tech stock arena, experienced a remarkable 36% surge last Friday, reaching a new all-time high after the stock broke out of a multi-month consolidation.
The catalyst behind this surge was the release of preliminary financial results fo... Read the Full Story |
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Auto/Tires/Trucks | |
If the last year of price cuts and sluggish sales weren’t enough to tip off the market to the fact the EV bubble has burst, Tesla’s (NASDAQ: TSLA) Q4 results and outlook for 2024 should do it. The company isn’t ailing per se; it is still growing, but the Wild West days of ramping... Read the Full Story |
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Multi-Sector Conglomerates | |
Having put in what looked like a bottom last October, investors in 3M Co (NYSE: MMM) would have been looking ahead to 2024 with bullish optimism. Sure, the stock had sunk 60% since the summer of 2021, but with equities back in favor, 3M shares finished 2023 with a decent 30% rally. They’d al... Read the Full Story |
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Technology | |
Whether you’re new to or are experienced with stock options trading, you’ll always be exposed to the Greeks on any stock that has options contracts in any stock sector. We're not referring to the people, fraternities, or sororities, but the options Greek symbols that accompany every op... Read the Full Story |
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Friday's Early Bird Stock Of The Day Talos Energy Inc., through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc. was founded in 2011 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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