Good MorningMarket action was light on Monday but sufficient to drive the S&P 500 to a new all-time high. Tepid though it may be, the move signals a continuation of the bullish trend that is likely to carry the index higher through the year's end. The days' largest gainers include technology stocks like Microsoft and Amazon, which gained more than 1%. The tech-heavy NASDAQ gained more than 1% and will likely trend higher through the year's end.
This week's hurdles include economic data and the Fed. The economic calendar includes monthly labor data like the ADP and NFP employment reports and the JOLTs report on job openings. The data may be mixed, and some may be weak relative to forecasts, but the balance should align with a healthy labor market and help sustain the uptrend in stocks. The bad news is that the data is unlikely to make the Fed's next policy move easy, due next week. The market has a diminished expectation for rate cuts but is still pricing in a 75% chance for another 25 basis point reduction. Featured: Could Mode Be The Next Roku ($38B Question) (Mode Mobile) |
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Every once in a while, the stock market lets investors dive into reasonable discounts in some of the best companies in the economy. These discounts always come as a surprise, considering that these companies aren’t usually found trading near their lows. This is why today’s list of stoc... Read the Full Story |
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From Our PartnersI thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was.
Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. | | Here’s the full story for you. |
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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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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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From Our PartnersAlready up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention. | | Reveal this company and see why smart money is flowing in! |
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Volatility refers to the degree of variation in the price or value of an asset, security, or market over a specific period, typically measured by the standard deviation or variance of returns. It reflects the level of risk or uncertainty associated with the asset's price movements. High volatility... Read the Full Story |
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The returning Trump administration will seek more tax reforms pending approval from Congress. They plan on making the 2017 Trump tax cuts permanent and even lower some rates. The corporate tax rate will be dropped to 15% while the child tax credit is hiked. Many of the green-energy tax breaks from... Read the Full Story |
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From Our PartnersOne year ago at this time, I was gearing up to do something I’d never done before…
After years of working behind the scenes, helping Tom Busby and teaching traders all about the markets, I was about ready to jump in front of a camera.
Why?
Because my research and years of expertise were showing me a phenomenon that people NEEDED to know about.
That gold was setting up to go on a historic run that I called the “2024 Gold Supercycle.”
I went LIVE on December 7, 2023, and made my bold prediction — staking 20+ years of a reputation on this one public prognostication.
And the rest, as they say, is history…
Gold went on to have its best year since 1979 — almost half a century!
I’m going to tell you all about it on Wednesday, December 4th @ 1:00 PM ET, 362 days after I first made my prediction on gold. | | Go here and finish your registration to receive your access link |
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Investors favoring a short horizon and possessing a fair amount of risk tolerance sometimes look to stocks that have already been trending upward in an effort to capitalize on their momentum. This investment strategy often looks more toward price movement than it does the fundamentals of a company... Read the Full Story |
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Stocks | | Stocks posted solid gains as Wall Street put the finishing touches on one of its best months of the year.The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%. Both indexes closed out November with their best monthly performances of the year. The Nasdaq added 0.8%. Friday was ... 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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Artificial intelligence (AI) has been revolutionizing many sectors and industries enabling enhanced productivity and efficiencies. The computer and technology sector has been transformed with the AI boom as processing power continues to expand exponentially. AI is driving the medical sector into a... Read the Full Story |
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Markets | | Canada’s antitrust watchdog is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its services and pay a penalty Read the Full Story |
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Tuesday's Early Bird Stock Of The Day AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products. It also offers SparkLabs, which uses app store optimization to enhance ad visibility; AppLovin Exchange, which connects buyers to mobile and CTV devices through a single and direct RTB exchange; and Array, an end-to-end app management suite for mobile operators and end users. In addition, the company operates various free-to-play mobile games. It serves individuals, small and independent businesses, enterprises, advertisers and advertising networks, mobile app publishers, indie studio developers, and internet platforms. AppLovin Corporation was incorporated in 2011 and is headquartered in Palo Alto, California. | View Today's Stock Pick |
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