Your Evening Recap for Tuesday, December 5thEquity markets continue to trend within a tight range below critical resistance. At the same time, good news continues to emerge but it is more of a sell-the-news event because the news is centered on weakening economic data. A softer than expected JOLT figures suggest a pullback in business spending and hiring that will aid a reduction in inflation. The bad news is that reduced business spending and hiring will also result in soft GDP growth and a weaker consumer.
The S&P 500 is hovering at critical resistance with a catalyst due on Friday. The monthly job growth figures are expected to show sustained labor market health but may give the market what it wants: soft data and a reason for the Fed to cut rates. The risk now is that the market may indeed get what it wants and more, the recession everyone feared would happen but didn't. Featured: This is the #1 Stock to Buy for the AI Tidal Wave (Chaikin Analytics) |
 Traders and investors have made and lost massive fortunes investing in volatile stocks. Some companies like Amazon.com Inc. (NASDAQ: AMZN) and Tesla Inc. (NASDAQ: TSLA) have created and incinerated investor capital multiple times over the last decade or two. Timing is truly everything when it comes to single-stock investments. Amazon and Tesla lack the volatility of penny stocks, which frequently get a bad reputation due to incomplete information and susceptibility to scammers. Are penny stocks worth it? It's very tempting to dabble in penny stock trading since positions frequently double overnight (or quicker), but there are quite a few drawbacks to consider. Read The Full Story > | There is a recession-proof company that is poised to grow in the coming years. Our research team has given them our highest score as a solid addition to any portfolio.
By clicking link you are subscribing to The Darwin Investor Network and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. Full disclosures found here. Download The Full Report Here for Free |
 Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings.The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon's proposed acquisition of Pioneer Natural Resources. The request is a step the agency takes when reviewing whether a merger could be anticompetitive under U.S. law. Pioneer disclosed the request in a filing Tuesday. The investigation comes after Senate M... Read The Full Story > |
 Quantum computing is a relatively new type of computer programming that incorporates quantum mechanics into a machine's functionality. This may result in faster computer processing, especially when working with large data sets. A quantum computing investment can also provide access to additional tech developments, as the companies researching this functionality work on various projects simultaneously. Are you interested in learning how to invest in quantum computing? You can invest in quantum computing by buying shares of stock in companies working at the forefront of developing quantum technology. Read The Full Story > | 50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here. |
 A lawyer for JetBlue Airways said Tuesday that the biggest U.S. airlines are using their size to cement their dominance in a post-pandemic world, making it critical that a federal judge allow JetBlue to buy Spirit Airlines.The lawyer, Ryan Shores, said JetBlue needs Spirit to be a "viable challenger" to the four airlines that control most of the domestic air-travel market."That mandate is even more urgent today," Shores said during closing arguments in a federal court trial over the U.S. Justice Department's lawsuit to block JetBlue's $3.8 billion purchase of Spirit, the nation's biggest low-fare carrier.A Justice Department lawyer argued that the deal would push fares higher by 30% and leave fewer options for travelers on a budget. Read The Full Story > |
|
No comments:
Post a Comment