Good MorningEquity markets sold off after the FOMC announced a single 25 basis points rate cut and indicated a slower pace of rate reduction for 2025 than previously indicated. The Fed sees only two cuts next year, down from the four previously indicated, meaning higher-for-longer is still in place. The S&P 500 shed nearly 3.0% at the day's low and may extend the sell-off to another day. With the index below the 30-day EMA, the next best target for support is near the 150-day EMA at 5,650.
The good news is that the underlying cause for the Fed's decision is economic health. The U.S. economy is growing faster than expected, underpinned by healthy labor markets. The Fed says its mandates are balanced, and the economy can withstand a higher-rate environment. The takeaway for investors is that economic health translates into corporate earnings power and capital returns, which supports the outlook for stocks. With this in play, the S&P 500 can correct and likely not break the up trend, setting itself up for another rally in 2025. Featured: Missed Nvidia? Buy Elon Musk’s “Silent Partner” (Brownstone Research) 
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The most upgraded stocks at year’s end in 2024 are NVIDIA (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), and Meta Platforms (NASDAQ: META). Each received more than 120 positive revisions, including price target increases and upgrades that have lifted their markets significantly. The question is... Read the Full Story |
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As years go by, 2024 has not been a great one for shares of SolarEdge Technologies Inc (NASDAQ: SEDG). The $800 million market cap stock is down 85% since the start of January, which means it’s back trading at 2016 levels. For any investor that was involved in SolarEdge in the 8 years s... Read the Full Story |
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Markets | | | At a time when many stocks are objectively and historically overvalued, many investors are wondering where they should put their investable capital in 2025. Some stocks that should attract your attention are trading for less than $10. These stocks allow investors to accumulate a significant number o... Read the Full Story |
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Markets | | | An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat.The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The index h... Read the Full Story |
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Markets | | | In the midst of companies looking to implement AI and investors looking for a way to profit from the trend, up-and-coming AI firms continue to pop up. Below, I’ll detail three small-cap AI stocks to watch out for in 2025. Two have had great 2024s and are looking to continue their strong showin... Read the Full Story |
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Markets | | | Investors interested in Micron Technology (NASDAQ: MU) should cheer the fact that its stock tanked following the FQ1 2025 earnings report. The move is a knee-jerk reaction to mixed results and guidance that point to near-term weakness and long-term strength, driven by its shift to AI.
The l... Read the Full Story |
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Markets | | | The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining at best Read the Full Story |
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Markets | | | Lamb Weston, a major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money they spend on food outside the home Read the Full Story |
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Markets | | | The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate Read the Full Story |
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Markets | | | When Portugal returned its colony Macao to China in 1999, coffee shop owner Daniel Chao was a first grader living in a different world. Since then his sleepy hometown has transformed into a bustling gaming hub lined with glittering casinos. Its once quiet streets are now jammed with tourist buses. B... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products. It also provides internet finance services, including consumer and supplier financing. In addition, the company engages in warehousing, retail business, product procurement, and software development and information technology support activities. The company provides branded products through its vip.com and vipshop.com online platforms, as well as through retail stores. Vipshop Holdings Limited was founded in 2008 and is headquartered in Guangzhou, the People's Republic of China. | | View Today's Stock Pick |
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