Good MorningEquity markets hovered at record highs on Tuesday after labor data showed a surprising increase in job availability. The JOLTs report showed job openings rise to 7.4 million, contrary to expectations for decline. The data is solid and shows economic resilience, which is likely seen in other data this week. This week's other labor data includes the ADP and NFP employment reports and the Challenger, Gray & Christmas report on layoffs and planned hirings.
The market may experience some volatility this week and next—the labor trends amount to a good-news-is-bad-news-is-good-news situation that will lead to new highs but possibly not quickly or in a straight line. The good news is that economic conditions remain solid; the bad news is that the FOMC is unlikely to lower the base rate below 3.7% in 2025. The FOMC may disappoint the market next week when it issues the December policy statement. Still, a reduction in the outlook isn't so bad because of the underlying economic strength and outlook for S&P 500 earnings. The S&P 500 is expected to accelerate earnings growth over the next three quarters. Featured: Your Bank Account Is No Longer Safe (Ad) 
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The hedge fund industry and some trading desks at the big investment banks are usually mystified for always knowing where and when to be. Most of what they do is obscure, but the little that has come to light can easily be adopted by retail traders and investors today. To go through one example, t... Read the Full Story |
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Stocks | | | Technology stocks pulled Wall Street to another record amid a mixed Monday of trading.The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Mi... Read the Full Story |
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Markets | | | U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom.The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has hit an all-time... Read the Full Story |
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Stocks | | | U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far.The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on trac... Read the Full Story |
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High-return investments are appealing, but high-risk-adjusted-return investments are even more valuable. While risk can be challenging to measure, investors often use volatility as a proxy. In this approach, stocks with larger and more frequent price swings—both upward and downward—are... Read the Full Story |
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Shares of streaming giant Netflix Inc (NASDAQ: NFLX) have been on a tear this year, making 2024 one for the history books. The stock has surged almost 100% since January and was hitting fresh all-time highs as recently as the end of November. As we head into the last couple of weeks of the year,... Read the Full Story |
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Unusual Machines, Inc. (NYSEAMERICAN: UMAC), a United States-based drone and drone components manufacturer, has captured significant investors and speculation attention recently, with its stock surging after the announcement that Donald Trump Jr. joined its advisory board. The stock's rapid rise, ... Read the Full Story |
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NVIDIA (NASDAQ: NVDA) is set for a strong performance in 2025, fueled by persistent demand for its industry-leading data center and AI technologies. Analysts at HSBC forecast an upside of 39%, with some others projecting even greater potential as the company continues to dominate the AI hardware s... Read the Full Story |
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Markets | | | Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other Read the Full Story |
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Stocks | | | BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients. BlackRock said Tuesday that the transaction includes equity issued by a subsidiary, and that the equity can be exchanged on a one-f... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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