Good MorningEquity markets hovered at record highs on Tuesday after labor data showed a surprising increase in job availability. The JOLTs report showed job openings rise to 7.4 million, contrary to expectations for decline. The data is solid and shows economic resilience, which is likely seen in other data this week. This week's other labor data includes the ADP and NFP employment reports and the Challenger, Gray & Christmas report on layoffs and planned hirings.
The market may experience some volatility this week and next—the labor trends amount to a good-news-is-bad-news-is-good-news situation that will lead to new highs but possibly not quickly or in a straight line. The good news is that economic conditions remain solid; the bad news is that the FOMC is unlikely to lower the base rate below 3.7% in 2025. The FOMC may disappoint the market next week when it issues the December policy statement. Still, a reduction in the outlook isn't so bad because of the underlying economic strength and outlook for S&P 500 earnings. The S&P 500 is expected to accelerate earnings growth over the next three quarters. Featured: $6.8 Billion a Year in Defense Spending Up for Grabs... and One Company Could Be Set to Make it Bigtime! (i2i Marketing Group, LLC) 
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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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Markets | | | U.S. stock indexes rose to more records Wednesday after tech companies talked up how much of a boost they’re getting from the artificial-intelligence boom.The S&P 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. It’s the 56th time the index has hit an all-time... Read the Full Story |
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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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From Our PartnersNow is the time to consider a time-tested asset favored by conservative investors for navigating market volatility and building long-term security. Whether the results lean toward continuity or change, this asset remains a stable cornerstone for safeguarding wealth and driving growth.
By following the link, you're choosing to opt in to receive insightful updates from Wealth Creation Investing + 2 free bonus subscriptions! Your privacy is important to us. You can unsubscribe anytime. See our privacy policy for details. | | | | [Download the Free Guide Now] to explore the potential of this strategy and discover what may be missing from your financial plan. |
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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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Markets | | | President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the ye... Read the Full Story |
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From Our PartnersBillionaire Sam Altman has become one of the most powerful men in the world by running OpenAI…
But there’s a far lesser known investment he’s making that could put OpenAI to shame.
In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI…
And the US Military… not to mention hundreds of other giant companies around the globe.
To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office…
Which ordered the government to take this incredible new technology seriously. | | | | Check out our report right here. |
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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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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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Stocks | | | BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients. BlackRock said Tuesday that the transaction includes equity issued by a subsidiary, and that the equity can be exchanged on a one-f... Read the Full Story |
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Markets | | | Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome Read the Full Story |
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Markets | | | The commencement of the holiday season often means the lengthening of to-do lists.There are lights to hang, cards to mail, cookies to bake and, of course, gifts to buy. Gift exchanges, whether they’re among friends, family or co-workers, can be a fun way to get in the holiday spirit. But can also be... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas. | | View Today's Stock Pick |
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