Good MorningEquity markets advanced the week of Thanksgiving as investors gave thanks for slowing inflation. Although still hot, inflation has cooled to the point that the FOMC is expected to start cutting rates in the first half of 2024. The coming week's PCE Price Index may confirm the trend and, if so, spur the market to new highs. The risk for traders and investors is that the market will top out soon due to the declining estimates for Q4 earnings.
The Q3 earnings season was better than the consensus estimate at the start of the reporting season, which aligns with the trend. The consensus for Q4 imploded during the cycle, which also aligns with trends and suggests a weak holiday quarter and earnings weakness in Q1 of 2024. In this scenario, a persistently declining outlook for earnings will weigh on the market as the quarters progress and keep the market range bound regardless of the FOMC's next move. Featured: The World's First "$20 Trillion Drug"? (Behind the Markets) 
|
Stocks | | |
The third-quarter 2023 earnings season is in the books as markets prepare for the year-end holiday shopping season. Sports retailers showed very impressive performance in Q3 2023 and raised their outlook for Q4 2023.
An investor would assume that a blowout performance and raised forecast would re... Read the Full Story |
|
From Our PartnersLove him or hate him, it’s hard to deny Elon Musk is a genius.
After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)...
He’s getting ready to do it again with his new AI venture. | | | | To get all the details, click here. |
|
Stocks | | |
Sleep, we all need it. But can you profit from it? While sleep is a staple of everyday life, retailers are feeling the pullback in consumer spending. Sleep products range from mattresses, frames and bases to bedding and accessories. The manufacturers and retailers that make these products fall und... Read the Full Story |
|
Markets | | |
Little-known wellness and functional beverage company Safety Shot (NASDAQ: SHOT) captured headlines and imagination this week as its stock surged higher on exceptional volume. The small-cap company saw its stock rise triple-digits before falling dramatically on Wednesday but remains green on the w... Read the Full Story |
|
From Our PartnersMaking profits in the stock market depends on making your entry at the right time. The time is NOW to get into A.I. Artificial Intelligence is turning into one of the most popular trends this year, and it has only just begun.
(**By clicking the link you are subscribing to the The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here)
| | | | Go HERE to Reveal Which Stock These Are |
|
Stocks | | | Stocks drifted to a mixed finish Friday after a half-day trading session capped a holiday shortened week that left the major indexes with their fourth straight winning week. The S&P 500 inched up 0.1% after wavering between small gains and losses much of the day. The Dow Jones Industrial Average... Read the Full Story |
|
Stocks | | |
Some economists and housing analysts say home prices will likely decline soon, just as existing home inventory is rising. According to November 22 data from real estate platform Redfin, median sale prices are declining in several U.S. metro areas, including Austin, San Antonio and Fort Worth in Te... Read the Full Story |
|
From Our PartnersA multimillionaire stock trader's research explains how focusing on just one ticker every week has generated payouts up to a rare 2,614% in under 11 days...AND he's brought proof to show the world! | | | | See The Proof Here |
|
Markets | | | Shares were mixed in Asia on Tuesday after Wall Street benchmarks edged lower as investors waited for updates on inflation and how American consumers are feeling about the economy. Tokyo and Hong Kong fell while Shanghai, Seoul and Sydney gained. On Tuesday the Conference Board will issue its latest... Read the Full Story |
|
Markets | | | Among the many challenges small businesses face as they try to grow these days, getting a loan is right near the top.Banks big and small have tightened lending standards as the Federal Reserve hiked up interest rates the past two years. The collapse of three regional banks this spring and the possib... Read the Full Story |
|
Markets | | | The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets feel empty. Russia's Central Bank has raised its key lending rate four times this year to try to get inflation under contr... Read the Full Story |
|
Markets | | |
There’s no getting around it: V.F Corporation (NYSE: VFC) has had a horrible three years. Since Thanksgiving 2020, retailer shares have dropped 80%, which has put them back trading at 2006 levels. Indeed, one is left wondering what kind of investor has stuck around with them for that lo... Read the Full Story |
|
Markets | | | German Chancellor Olaf Scholz on Friday promised quick action to fix a budget crisis after a court decision blew a large hole in the almost-finished plan for next year and threatened to disrupt spending on efforts to fight climate change and cushion the impact of high energy prices caused by Russia'... Read the Full Story |
|
Monday's Early Bird Stock Of The Day BILL Holdings, Inc. provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services. In addition, the company's artificial intelligence enabled software provides connections between suppliers and clients. It serves accounting firms, financial institutions, and software companies. The company was formerly known as Bill.com Holdings, Inc. and changed its name to BILL Holdings, Inc. in February 2023. BILL Holdings, Inc. was incorporated in 2006 and is headquartered in San Jose, California. | | View Today's Stock Pick |
|
