Good MorningEquity markets advanced last week, but the top to this rally is closer than ever. The bulk of the week's movement occurred on Friday, which is a generally bullish signal but met resistance near recent highs. The technical picture suggests the market hit the ceiling and stands to correct any day and maybe spurred to sell off this week. This week brings the latest labor market data, which is expected to align with labor market health and wage inflation.
The risk for markets is oil. Oil has been a wild card in 2023, but the odds are high that the price will rise soon. OPEC's latest production moves will take some time to impact but keep the supply/demand outlook tight. In this scenario, the price of oil is unlikely to stay down long and could rebound to the top of the EIA's target range for next year. That puts the price of oil at an average of $89 per barrel in 2024 and in position to keep inflation running hot. Featured: Buy this AI Stock Before Elon's Announcement (Legacy Research) 
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Stocks | | | Consumer discretionary stocks in 2023 present a captivating blend of potential growth, trend exposure and enticing dividends. As we research the best consumer discretionary stocks for the year's second half, we find that these stocks appeal to investors seeking dynamic investment opportunities. L... Read the Full Story >> |
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Markets | | | With the end of the year approaching, you need to make sure your portfolio is in the best shape possible. Considering that some investors will have to deal with a tax burden in a couple of months, cutting some losses - or preventing them - is the name of the game today. Some on Wall Street have d... Read the Full Story >> |
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Tech | | | Shares of the software technology company AppLovin (NASDAQ: APP) have been on fire this year, surging by over 263% year-to-date. The company, now categorized as a large cap, with a $12.84 billion market capitalization, has dramatically outperformed its sector and overall market. The compa... Read the Full Story >> |
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From Our Partners=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>> | | | | Get the name of the stock here |
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Stocks | | | Consolidation in the health insurance industry has become a theme of 2023. Humana Inc. (NYSE: HUM) is reportedly in talks to merge with The Cigna Group (NYSE: CI) in a stock-and-cash deal. According to reports, the companies are hoping to fast-track the merger and get it completed before the end o... Read the Full Story >> |
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Markets | | | Every so often, a move occurs in the stock market that can best be described as a 'black swan.' That is to say, a move that occurs in an individual stock that is exceedingly rare from a probabilistic standpoint. This week, many will agree that a black swan event occurred when small-cap and micro ... Read the Full Story >> |
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From Our Partners...until you listen to what Luke Lango reveals in this video. Luke takes you straight to the offices of a tiny $3 A.I. company that he predicts could become as much as a $100 billion company soon. Meaning, early investors in this stock could get in for peanuts and reap up to 1,000% profits in the process. He gives the name & the ticker symbol with no strings attached | | See how you can grab a stake in this massive opportunity now |
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Markets | | | Global shares were mostly lower on Monday as investors awaited a slew of economic data set for release later in the week. France's CAC 40 shed 0.4% to 7,318.01, while Germany's DAX was flat at 16,307.11. Britain's FTSE 100 declined 0.6% to 7,486.18. U.S. shares were set to drift lower, with the futu... Read the Full Story >> |
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Markets | | | Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates, according to a survey released Monday.Only 24% of economists surveyed by the National Association for Business Economics said they see ... Read the Full Story >> |
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Markets | | | We are living in a golden age of innovation. Every year, new technologies are introduced that completely alter the industries we operate within. Changes that come at rapid speed can potentially lead to chaos and confusion — sparking internal conflict within teams trying to navigate these shifting ti... Read the Full Story >> |
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Markets | | | One of the music world's most legendary partnerships is facing off in a Nashville courthouse.Daryl Hall and John Oates, whose hits like "Rich Girl" and "Maneater" defined a generation, are embroiled in a legal struggle over Oates' decision to sell his share in Whole Oats Enterprises LLP, per unseale... Read the Full Story >> |
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Markets | | | Chick-fil-A is getting set to "produce original content," according to a new job post on the company's website, and it's looking for an "entertainment producer" who specializes in "family-based entertainment, scripted podcasts, and audio adventures" to make it happen.The popular chicken chain wrote ... Read the Full Story >> |
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The Early Bird Stock Of The DayMonday: Stock Being Downgraded Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options; and provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Tru... | | View Today's Stock Pick |
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