Good MorningSanta Claus came to Wall Street this year, and equity markets rose on the last two trading days before the holiday. The action was light, but it lifted the S&P 500 to near its all-time high and set it up for new highs by the end of the year or early in 2025. In this scenario, the index will likely trend higher in 2025 and could reach 7,100 or higher by year's end. Drivers of this rally include economic growth, healthy labor markets, and resilient consumers with potential tailwinds from lower rates and Trump's policies appearing by year's end.
The next big hurdle for the S&P 500 is the earnings reporting season. The analysts expect earnings growth to accelerate in Q4 and next year, so guidance is crucial. The market will want a favorable outlook and will likely get one, which may accelerate the rally. The risk is that inflation, which has been accelerating, will lead the FOMC back into tightening, raising the risk of economic stalling and recession. Featured: BITCOIN (Awesomely, LLC) 
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Markets | | Retail investors typically rely on online information to start picking their next investments for their portfolios. However, there is a subtle way to align new capital to the trends that Wall Street analysts notice right now. The benefit is that investors don’t have to do the hours of in-depth... Read the Full Story |
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Just as stocks can gap and crap on an earnings report, meaning the price initially gaps higher on the market open and sells off back to red during the day, stocks can also do the opposite, dump, and gap. Such was the case with leading optical networking solutions provider Ciena Co. (NYSE: CIEN) ... Read the Full Story |
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Stocks | | Stock indexes drifted to a mixed finish on Wall Street Thursday, as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss ended the benchmark... Read the Full Story |
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Stocks | | Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Oil prices rose. Japan's Nikkei 225 index edged 0.1% lower to 38,997.02, while the Shanghai Composite index lost 0.2% to 3,387.41. Thursday will bring a weekly update on U.S. unemployment... Read the Full Story |
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Stocks | | Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas.The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%. While Big Tech companies, inc... Read the Full Story |
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Markets | | The stock market, or all financial markets, has changed significantly over the past couple of decades. The main way they have changed is that the concept of individualism is gone, where assets behave separately and individually from each other. Today, all markets are interconnected in ways that inve... Read the Full Story |
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Markets | | The headlines about unidentified drone sightings in New Jersey spreading across multiple states continue with no explanation as to the origin or purpose of these anomalies. It has brought a lot of attention to the topic of drones, whether used for hobbies, delivery, inspection, military, or fil... Read the Full Story |
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The stock market is a complex ecosystem driven by a multitude of factors that occasionally exhibit peculiar trends defying conventional explanations. One such phenomenon is the "January Effect," a historical tendency for stock prices to rise disproportionately during the first month of the year. B... Read the Full Story |
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Markets | | China's economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for total economic activity, or GDP, in 2023 for the world's second largest economy was increased by about ... Read the Full Story |
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Markets | | A recent survey shows small business owners are feeling more optimistic about the economy following the election.The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021.The Uncertainty Index decli... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Xcel Brands, Inc., together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand. It licenses its brands to third parties; and designs, produces, markets, and distributes through an omni-channel retail sales strategy, which include distribution through interactive television, digital live-stream shopping, brick-and-mortar retail, and e-commerce channels. The company also offers live streaming, social media and other marketing, and public relations support for its brands. In addition, it markets its brands through www.isaacmizrahi.com; www.halston.com; www.judithripka.com; www.cwonder.com; www.lorigoldstein.com; and www.longaberger.com. Xcel Brands, Inc. was founded in 2011 and is headquartered in New York, New York. | View Today's Stock Pick |
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