Good MorningThe S&P 500 continues to advance. The broad market index advanced more than half percent on Wednesday and set another fresh all-time high. The move was aided by a slate of economic data that aligns with economic health and sustained earnings growth for the index. In this scenario, the S&P 500 can continue to move higher indefinitely and may gain another few hundred points by the year's end.
The index's next big stumbling block is the FOMC meeting next week. The FOMC is expected to cut rates another 25 basis points and indicate lower rates to come, but it may disappoint the market. This week's labor data has confirmed an outlook for steady growth, which means half of the dual mandate is met. With inflation increasing over the last few months, the need for significantly lower rates in 2025 is greatly diminished. Featured: Sell these "safe" blue chips immediately (Ad) 
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Finance | |
Every day, consumers open fintech apps to conduct financial transactions and manage finances more conveniently and effectively. Artificial intelligence (AI) has disrupted and transformed the finance sector to benefit consumers and financial institutions. AI has helped to accelerate digital transfo... Read the Full Story |
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From Our Partners | | Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief.
It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live. | | Watch the full story and see the verified track record for yourself |
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Consumer Discretionary | |
Shares of Tesla Inc (NASDAQ: TSLA) have been having a phenomenal second half of 2024. The electric vehicle (EV) stock is up an impressive 150% since April, putting it at its highest levels since 2022. Now, with shares less than 20% away from a record high, it’s easy to see why so many inve... Read the Full Story |
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Technology | |
Salesforce’s (NYSE: CRM) Q3 results and guidance weren’t spectacular compared to the analysts' forecasts, but beauty depends on perspective; it is in the eye of the beholder. Despite delivering mixed results, Salesforce proved its leadership position in CRM remains intact and can susta... Read the Full Story |
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From Our Partners | | Moderna's stock doubled in a single day after its cancer vaccine hit key Phase 3 goals, and Merck jumped too. But according to a former Steve Cohen fund manager, the next big opportunity is not Moderna or Merck.
It is a different kind of company tied to a technology already backed by Elon Musk, Sam Altman, Jeff Bezos, and Peter Thiel. Nvidia's Jensen Huang says it will have a dramatic impact on daily life, while Anthropic's CEO believes it could unlock a century of medical progress in just ten years.
Nature Magazine estimates its potential value at $367 trillion globally, and it is already rolling out across the United States. | | Click here to learn about this new era of medical technology |
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Technology | |
It may come as a surprise to some that, broadly speaking, semiconductor stocks have underperformed in 2024. The PHLX Semiconductor Sector Index, a widely used proxy for semiconductor industry performance, has returned 21% this year.
That is substantially less than the 28% total return of the S&am... Read the Full Story |
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Utilities | |
Vistra Corp. (NYSE: VST) has defied the odds in the energy sector, delivering a return for investors exceeding 325% over the past year. This growth is the result of bold strategic repositioning, savvy acquisitions, and solid financial performance and it has positioned Vistra as a major player in t... Read the Full Story |
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From Our Partners | | Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying out up to $1,152 a month to regular investors - no mining stocks, no options, no physical metal required.
Chief Income Strategist Tim Plaehn calls it a breakthrough strategy that transforms gold's rally into reliable monthly payouts. The next distribution is just days away. | | Discover the gold income fund before the next payout date |
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Industrials | |
The Dow Jones Transportation Average rose more than 8.4% in November to set a new high. Most components saw gains, with only two moving lower. The median movement is near 6%, the mean is nearly 9%, and the leading names advanced by high double-digits in the 30-day and 90-day lookback periods. This... Read the Full Story |
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Technology | |
Advanced Micro Devices (NASDAQ: AMD) has experienced considerable market volatility in recent months. While AMD’s earnings report for the third quarter of fiscal year 2024 (Q3 FY2024) was solid, surpassing revenue expectations, AMD’s stock price initially fell as much as 18% due to con... Read the Full Story |
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Technology | |
Intel Corp. (NASDAQ: INTC) stock is down an additional 5.8% the day after the company announced that Pat Gelsinger was stepping down as chief executive officer (CEO) effective immediately. A pair of interim CEOs will run Intel as the board undertakes an executive search.
After initially surgi... Read the Full Story |
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Consumer Discretionary | |
2024 was the year of the off-price retail shopping trend in the retail sector that found consumers flocking to retailers offering brand-name apparel at deeply discounted prices. Consumers embraced the thrill of the treasure hunt, religiously showing up on delivery drop days at TJX Companies Inc. (... Read the Full Story |
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Consumer Discretionary | |
Despite a tough macroeconomic environment, some retailers in the retail/wholesale sector are thriving in the sweet spot intersection of "off-price” boulevard and “trade down” street. Consumers are flocking to retailers embracing either or both of these trends, like TJX Companie... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Sequans Communications S.A. engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including source code and tools to enable manufacturers to integrate their solutions into their devices; and design support services. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is based in Paris, France. | | View Today's Stock Pick |
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