Good MorningEquity markets advanced the previous week as economic and earnings trends lifted the market. The move was driven by better-than-expected results from NVIDIA and many retailers, including Walmart, Lowe's, and TJX Companies. The takeaway is that the consumer remains resilient, and the outlook for Q4 is likely low. The consensus is a low-single-digit increase in holiday quarter sales, sufficient to set a record.
Next week is a holiday-shortened week; the market is closed Thursday for Thanksgiving. The critical resistance point for the S&P 500 is near 6,100 and may be reached soon. A move above that level would signal a continuation of the market trends and a likelihood of a substantial gain in 2025. In that scenario, the S&P 500 could rise by another 1,300 basis points before topping out. Featured: The case for trading fewer setups, not more (Ad) 
|
Finance | |
Emerging market stocks can be particularly difficult to understand. However, there is evidence that those who do understand this part of the market can reap benefits. A 2023 study confirmed the belief that stock markets in developed countries are more efficient than those in emerging ones. This me... Read the Full Story |
|
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 |
|
Consumer Discretionary | |
The Walt Disney Company (NYSE: DIS) needs little introduction. From its iconic animated films and beloved theme parks to its expansive television networks and quickly evolving streaming platforms, Disney holds a unique place in the global entertainment sector. Disney’s stock has seen a rec... Read the Full Story |
|
Technology | |
The technology sector has been the focus of attention lately, with a special focus on the semiconductor industry and its biggest stories. Out of all the businesses centered in this space, two have commanded the most attention today, for good and bad reasons alike.
NVIDIA Co. (NASDAQ: NVDA) has be... Read the Full Story |
|
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 |
|
Technology | |
Vertiv Holdings Co. (NYSE: VRT) has experienced a remarkable surge over the past year, but its stock price jumped approximately 15% in a single day following a well-received investor event. This significant price movement, coupled with a flurry of Vertiv Holding’s analyst community upgrades ... Read the Full Story |
|
Auto/Tires/Trucks | |
Tesla Inc. (NASDAQ: TSLA) stock has been up 56.2% since Donald Trump was elected president of the United States. But the recent move of 6.6% the week of November 18, 2024, has investors thinking that the stock may be going to $400 or even higher.
News broke that the Trump administration is pla... Read the Full Story |
|
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 |
|
Technology | |
Most of the stock market’s attention has been directed to cryptocurrency, the hottest and most popular niche of the technology sector today. The idea behind most decisions is that, as the price of Bitcoin keeps rallying near an all-time high of $100,000 per coin, most—if not all—... Read the Full Story |
|
Technology | |
Snowflake (NYSE: SNOW) shares wallowed near long-term lows for years as concerns about slowing growth and financial health weighed on sentiment, but the times have changed. The Q3 results reveal persistent strength, swelling client counts, and depending penetration of services, revealing its indus... Read the Full Story |
|
Consumer Discretionary | |
Netflix (NASDAQ: NFLX) recently jumped into the ring of live sports broadcasting with the Mike Tyson vs. Jake Paul boxing match. This new offering from Netflix marks a significant shift from its established on-demand content model. While the event drew record-breaking viewership, it also exposed... Read the Full Story |
|
Energy | |
Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatilit... Read the Full Story |
|
Business Services | |
Symbotic (NASDAQ: SYM) is a revolutionary robotics company whose stock is on the rise big time over the past three months. Shares are up 52% over that period. Despite that, shares are still down nearly 30% through all of 2024. A big contributor to the company’s recent rise is its Q4 earnin... Read the Full Story |
|
Monday's Early Bird Stock Of The Day Exact Sciences Corporation provides cancer screening and diagnostic test products in the United States and internationally. The company offers Cologuard, a non-invasive stool-based DNA screening test to detect DNA and hemoglobin biomarkers associated with colorectal cancer and pre-cancer. It also provides Oncotype DX Breast Recurrence Score Test; Oncotype DX Breast DCIS Score Test; Oncotype DX Colon Recurrence Score Test; OncoExTra Test for tumor profiling for patients with advanced, metastatic, refractory, relapsed, or recurrent cancer; and Covid-19 testing services. The company's pipeline products focus on enhancing the Cologuard test's performance characteristics and developing blood and other fluid-based tests. It has license agreements with MAYO Foundation for Medical Education and Research, and Johns Hopkins University. Exact Sciences Corporation was incorporated in 1995 and is headquartered in Madison, Wisconsin. | | View Today's Stock Pick |
|
