🦉 3 undervalued stocks: Is now the right time to buy?

‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  Unsubscribe Your Evening Recap for Tuesday, January 23rd Equity markets posted a small gain on Tuesday as traders gear up for Thursday's Q4 GDP read and the PCE price index on Friday. The data is expected to continue the narrative of solid economic activity underpinned by rising prices. The question is how solid the activity is and how fast prices rise. If activity or inflation is hotter than expected, the market could start repricing the expectations for rate cuts. That could lead the S&P 500 below critical resistance. As it is, the S&P 500 set another new closing high and looks set to continue the trend. The Q4 earnings reports are coming in as anticipated and point to acceleration through year-end. In this scenario, the S&P 500 could continue to rally through year-end and gain as many as 500 to 1,000 points, but there is a risk. The risk lies with the market leaders. Market leaders like Microsoft and NVIDIA are incredibly overbought and set up to correct. Featured: Boost Your Portfolio with This Ultra Low-Priced Uranium Stock (Resource Stock Digest) The Night Owl is an evening newsletter published by The Early Bird and powered by MarketBeat. The Night Owl covers top stories on the stock market and outlook on interesting stocks. If you give a hoot about the market, read your copy every Tuesday, Thursday, and Sunday evening.   American Consumer News, LLC dba MarketBeat 345 N Reid Place, Suite 620, Sioux Falls, SD 57103. contact@marketbeat.com   Unsubscribe View as a Web Page   Today's Bonus Content: New Trump Bombshell