Good MorningThe S&P 500 continues to advance. The broad market index advanced more than half percent on Wednesday and set another fresh all-time high. The move was aided by a slate of economic data that aligns with economic health and sustained earnings growth for the index. In this scenario, the S&P 500 can continue to move higher indefinitely and may gain another few hundred points by the year's end.
The index's next big stumbling block is the FOMC meeting next week. The FOMC is expected to cut rates another 25 basis points and indicate lower rates to come, but it may disappoint the market. This week's labor data has confirmed an outlook for steady growth, which means half of the dual mandate is met. With inflation increasing over the last few months, the need for significantly lower rates in 2025 is greatly diminished. Featured: Is Your Portfolio Ready for Post-Election Uncertainty? (Darwin) 
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Stocks | | | The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. The crypto market had more action, and bitcoin briefly burst to a record above $103,000 before pulling back.The S&P 500 slipped 0.2% from the all-time high it had s... 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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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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From Our PartnersWhile tech giants like Elon Musk are pouring billions into nuclear energy, a tiny firm selling for less than $1 has quietly secured land in Canada holding some of the richest uranium deposits ever discovered. With energy demand skyrocketing, this tiny company could soon make big waves in the market. | | | | Get the full name and ticker symbol of the company |
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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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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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From Our PartnersIf you held shares of Tesla throughout 2024, you know It’s been a year of extreme highs and lows…
But according to our one expert, new yearly highs are on the horizon…
In his words, Tesla is building momentum like in 2020, especially as Trump supports the EV maker.
Which is why we’re emailing you now…
You see, most people will simply buy shares of Tesla ahead of the election…
But as they say “There is more than one way to skin a cat”
In fact, we’ve found another way to play shares of Tesla. | | | | Discover how to trade Tesla, simply follow this link here. |
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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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Markets | | | The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That's on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom. This time around, it's not dot-com stocks boosting the market but skyrocketing ... Read the Full Story |
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Markets | | | President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households.But what if, as many economists expect, interest rates remain elevated, well above their pre-pandemic lows?Trump could point a finger at ... 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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Every day, consumers open fintech apps to conduct financial transactions and manage finances more conveniently and effectively. Artificial intelligence (AI) has disrupted and transformed the finance sector to benefit consumers and financial institutions. AI has helped to accelerate digital tr... Read the Full Story |
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Thursday's Early Bird Stock Of The Day Sequans Communications S.A. engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including source code and tools to enable manufacturers to integrate their solutions into their devices; and design support services. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is based in Paris, France. | | View Today's Stock Pick |
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