Good MorningEquity markets continued to rally on Thursday, extending gains to set another fresh all-time high, a clear sign that the bull market is intact. The target for the S&P 500 is now 6,100 and may be reached soon. The election results sparked the updraft, which relieved market uncertainty about what would happen over the next four years. The takeaway is that a business-friendly, tax-reducing president is in the White House and expected to invigorate economic activity with his policies.
The FOMC meeting was a non-event, confirming the market's expectations and indicating additional interest rate cuts would come over the next year. The critical takeaways from the statement and comments afterward are that risks to the Fed's dual mandate are in balance and Chief Jerome Powell is "feeling good" about the economy. The bad news for investors is that a Trump White House will likely sustain inflation via business and consumer demand, keeping the FOMC from reducing as quickly or as much as the market would like. Featured: Robots are going public. Here's the shortlist. (Ad) 
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Real Estate | |
Investors are still digesting what the financial markets might do now that the United States presidential election results are out. Despite the many directions they can take with their capital today, there is one main theme that both bulls and bears will have to face in the coming months and quart... Read the Full Story |
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From Our Partners | | A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from collapsing — and billionaire Sam Altman is now an investor.
This under-the-radar firm is drawing serious attention from those watching the energy infrastructure space closely. | | Click here to learn this company's name for free today |
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Healthcare | |
Gilead Sciences (NASDAQ: GILD) recently broke its 52-week high and is up over 40% over the past six months. As a leading biopharmaceutical company dedicated to pioneering innovative therapies, Gilead boasts a legacy of groundbreaking discoveries and a solid history of success. From its pioneerin... Read the Full Story |
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Technology | |
Qualcomm Inc. (NASDAQ: QCOM), the California-based semiconductor heavyweight with a market cap of $192 billion, has had a decent year. It started with a bang and continued 2023’s rally all the way to a fresh all-time high in June before shares slid 35% into August.
Since then, they’v... Read the Full Story |
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From Our Partners | | Lance Ippolito spent nearly two decades trading the markets, appearing on MoneyShow, Cheddar TV, CNN Money, and MarketBeat.
His free guide, Options Trading Explained, covers two tickers pros call their secret weapon, Wall Street's daily hidden edge, and a strategy that targets payouts around 4 PM ET.
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Consumer Discretionary | |
Mercado Libre (NASDAQ: MELI) share prices imploded after the Q3 results because of the large miss with the bottom line result, opening up a significant opportunity for investors. The miss is primarily due to business investment, including the fintech and merchant segments, which is ultimately go... Read the Full Story |
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Technology | |
Atlassian (NASDAQ: TEAM) is a tech stock that has been on the rise big-time lately after suffering a difficult first seven months of 2024. The stock's 52-week low was back on Aug. 7. At that point, shares were down 42% during the year. But since then, they have made a massive comeback, up 62%. A... Read the Full Story |
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From Our Partners | | More than 300 years ago, Britain's currency was in crisis, with one in ten coins believed to be counterfeit. Sir Isaac Newton was called in to lead the Great Recoinage, restoring trust in British money and reshaping the nation's financial future.
Now a similar reset may be underway at the heart of the U.S. dollar. President Trump is reportedly rebuilding the monetary order beneath the dollar for the first time in 52 years, without a vote or congressional debate.
New research examines which assets could thrive and which could be left behind as this shift unfolds. | | See the full research on the dollar reset now |
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Finance | |
Shares of Coinbase Global Inc (NASDAQ: COIN), the crypto exchange with a market cap of around $64 billion, have had a roller-coaster year. For those of us who have been following the crypto space and its related stocks for some time, this is perhaps not all that surprising. After all, you’d ... Read the Full Story |
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Real Estate | |
Investors seeking reliable income streams are increasingly turning to Real Estate Investment Trusts (REITs). With interest rate changes being uncertain and traditional income investments offering slim returns, investors are seeking alternative avenues for generating consistent cash flow. Real Esta... Read the Full Story |
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Finance | |
Fiserv's (NYSE: FI) stock rallies in 2024 because of its position in the financial services industry and growing business leverage. The company is the #1 choice for payment and card services globally for merchants and financial institutions, growing its reach while its clients deepen penetration... Read the Full Story |
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Consumer Staples | |
Monster Beverage (NASDAQ: MNST) is the leading player in energy drinks, trading at a discount to its growth opportunity. The company and market face headwinds in 2024, with consumers impacted by higher interest rates, but long-term trends suggest the energy drink market will thrive over the next d... Read the Full Story |
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Markets | |
Wall Street's main indexes and several of the street’s individual favorites like Palantir and NVIDIA soared to record highs following Donald Trump’s victory in the 2024 U.S. presidential election, a dramatic return to power after his defeat in 2020. Investors responded with optimism to... Read the Full Story |
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Friday's Early Bird Stock Of The Day Lucid Group, Inc. a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid Group, Inc. operates as a subsidiary of Ayar Third Investment Company. | | View Today's Stock Pick |
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