Stock Market News and Analysis Live Today: The Ultimate Source

‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?

“Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”

Evergreen Wealth Management LLC Purchases New Position in Chevron Co. (NYSE:CVX)

Evergreen Wealth Management LLC purchased a new stake in Chevron Co. (NYSE:CVX - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,270 shares of the oil and gas company's stock, valued at ap

QUALCOMM Incorporated (NASDAQ:QCOM) Shares Sold by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC reduced its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 21.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,891 shares of the wireless technolog

Evergreen Wealth Management LLC Increases Stake in Diamond Hill Investment Group, Inc. (NASDAQ:DHIL)

Evergreen Wealth Management LLC raised its holdings in shares of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL - Free Report) by 62.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,454 shares of the ass

Lockheed Martin Co. (NYSE:LMT) Stake Boosted by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC grew its stake in shares of Lockheed Martin Co. (NYSE:LMT - Free Report) by 19.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,440 shares of the aerospace company's stock after purchasi

Tesla, Inc. (NASDAQ:TSLA) Shares Sold by Straight Path Wealth Management

Straight Path Wealth Management cut its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 5.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 122,343 shares of the electric vehicle producer's stock after selling 7,495

Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Comgest Global Investors S.A.S.

Comgest Global Investors S.A.S. decreased its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 80.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,164 shares of th

Comgest Global Investors S.A.S. Sells 1,911 Shares of Equinix, Inc. (NASDAQ:EQIX)

Comgest Global Investors S.A.S. lessened its holdings in shares of Equinix, Inc. (NASDAQ:EQIX - Free Report) by 39.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,932 shares of the financial services provider's stock a

Comgest Global Investors S.A.S. Boosts Stock Position in PDD Holdings Inc. (NASDAQ:PDD)

Comgest Global Investors S.A.S. lifted its position in PDD Holdings Inc. (NASDAQ:PDD - Free Report) by 132.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,259 shares of the company's stock after purchasin

Comgest Global Investors S.A.S. Cuts Stake in Cognizant Technology Solutions Co. (NASDAQ:CTSH)

Comgest Global Investors S.A.S. lowered its stake in shares of Cognizant Technology Solutions Co. (NASDAQ:CTSH - Free Report) by 57.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,712 shares o

Stryker Co. (NYSE:SYK) Shares Acquired by Comgest Global Investors S.A.S.

Comgest Global Investors S.A.S. increased its holdings in Stryker Co. (NYSE:SYK - Free Report) by 159.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,176 shares of the medical technology company's

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Holdings Lowered by Comgest Global Investors S.A.S.

Comgest Global Investors S.A.S. trimmed its stake in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 43.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,387 shares of the semic

Comgest Global Investors S.A.S. Sells 61,098 Shares of Mettler-Toledo International Inc. (NYSE:MTD)

Comgest Global Investors S.A.S. reduced its position in Mettler-Toledo International Inc. (NYSE:MTD - Free Report) by 78.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,769 shares of the medical instr

Comgest Global Investors S.A.S. Increases Stake in Cintas Co. (NASDAQ:CTAS)

Comgest Global Investors S.A.S. grew its position in Cintas Co. (NASDAQ:CTAS - Free Report) by 279.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,789 shares of the business services provider's stock a

Comgest Global Investors S.A.S. Boosts Stake in The New York Times Company (NYSE:NYT)

Comgest Global Investors S.A.S. raised its position in The New York Times Company (NYSE:NYT - Free Report) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 462,032 shares of the company's stock after purchasing a

Comgest Global Investors S.A.S. Increases Stock Position in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)

Comgest Global Investors S.A.S. grew its stake in shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Free Report) by 3.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 216,448 shares of the tra

‘I opt to fly private — no matter what the cost’: The caviar in first class tastes like burnt plastic. What ever happened to airline standards?

“I truly feel sorry for the poor souls who are subjected to these kinds of horrors.”

Planning a Roth IRA conversion? Trump’s win and GOP trifecta could buy you more time to act.

The chances are “‘pretty high” that income-tax rates will stay where they are after 2025, one expert said.

Will a big firm managing your money boost your odds of financial success?

Bigger may not be better — or it may be just what you need — but there are other factors.

Why no more than 60% of your retirement money belongs in stocks

Bonds have kept pace with stocks throughout U.S. market history.

3 Breakouts Ready for Massive Climbs!

As the secular bull market takes a short-term pause, now is the time to research tremendous opportunities that lie ahead. I've looked at more than a thousand charts and wanted to point out 3 in particular that I see heading much, much higher as we close out 2024 and move into a brand new year. There are tons of companies that have been regularly setting 52-week and all-time highs. Most of those are very overbought and carry more short-term risk. I want to instead focus on stocks that have been basing for an extended period of time and have just made a breakout.Stock 1 - Amazon.com (AMZN)I love this breakout. We've actually had two breakouts. The first was the move above the 190 area, stopping at 200. Then more recently, AMZN cleared 200 before profit taking kicked in this past week with options expiration. We're now back close to that 200 support level. Here's the 10-year weekly chart:The current setup looks eerily similar to the setup heading into 2020. I trust this current breakout, considering that AMZN's top in 2021 started a lengthy consolidation/basing period - similar to a cup formation. If we use that cup as a measurement stick for the potential rally ahead in AMZN shares, we'd be looking at 320. I'd take that 60% gain.Stock 2 - Fortinet, Inc. (FTNT)FTNT is another stock that has an excellent long-term track record, but struggled during a lengthy consolidation/basing period since late-2021:It's important to point out that software ($DJUSSW) just broke out and it's been the 3rd best industry group since the current secular bull market was confirmed in April 2013, rising 774% over the past 11 1/2 years. The only two industry groups stronger have been computer hardware ($DJUSCR, +1019%) and semiconductors ($DJUSSC, +1488%). This compares to a 266% jump in the S&P 500. I'll take a leading stock in a leading industry group, both of which are breaking out, ANY TIME.Stock 3 - Home Depot, Inc. (HD)Yep, that's 2 out of 3 Dow Jones component stocks, joining AMZN. I love the breakout here. The patterns don't get any nicer and more bullish than this one. HD topped in late-2021, just like both AMZN and FTNT, before proceeding to print a beautiful, symmetrical, rounded cup:I see HD having a strong finish to 2024 and a very solid 2025. Throw in HD's 2.2% dividend yield, a dividend that's risen every year since the turn of the century, and I believe there are the makings of a "super stock" in the years ahead. Steady grower with rising income to boot! Yes please!I see the Dow Jones Industrial Average being very strong for the foreseeable future, partly due to the AMZN and HD outlooks, but I still favor small- and mid-caps BIG TIME. I'm hosting a webinar later this morning at 11:00am ET, "Capitalizing on Small- and Mid-Cap Strength". It's completely free (no credit card required) to the public, but you do need to register for the event. You can follow the link to do so and to learn more information about the event. If you can't make the 11am webinar, absolutely no worries. All of those who register will gain access to the recording, including those registering after the event has ended. So be sure to REGISTER NOW to find out why small and mid caps are poised to EXPLODE!Also, my latest Weekly Market Recap video, "Monthly Options and Negative Divergences Hammer the Bulls!" has been published on YouTube. You can watch it HERE.Happy trading!Tom

Here’s how I’d start buying shares with £5 a day

Our writer uses his market experience to consider how he might start buying shares from scratch today, for just a fiver a day. The post Here’s how I’d start buying shares with £5 a day appeared first on The Motley Fool UK.

Here’s a simple 4-stock dividend income portfolio with a 7.8% yield

With these four British dividend stocks, an investor could potentially generate income of around £780 a year from a £10,000 outlay. The post Here’s a simple 4-stock dividend income portfolio with a 7.8% yield appeared first on The Motley Fool UK.

Markets weak; caution advised amid potential rebound and selling pressure

The market is currently in a weak undercurrent, with a potential for a technical rebound. However, sustained selling pressure cannot be ruled out. The market breadth remains weak, and leveraged exposures should be curtailed. A cautious approach is advised for the coming week.

Finding shares to buy can be complicated. Here’s a lesson from the US election

Identifying shares to buy is difficult. But Stephen Wright thinks monitoring what directors buy might be an under-appreciated source of information. The post Finding shares to buy can be complicated. Here’s a lesson from the US election appeared first on The Motley Fool UK.

Here’s how I’d try and use an ISA to become a multi-millionaire!

Could our writer build his ISA to a multi-million pound valuation? Potentially yes -- and here is how he'd go about aiming for that target! The post Here’s how I’d try and use an ISA to become a multi-millionaire! appeared first on The Motley Fool UK.

Over 100 smallcap stocks see double-digit fall in a week amid market correction

Indian markets have corrected 10% from the peak due to weak Q2 results and FII outflows. 103 smallcap stocks declined double-digits, with Kopran Ltd leading the losses at 26%. Other notable declines include Globus Spirits, Antony Waste, and BASF India.

New stock picks of top 10 mutual funds in October

Oyo's share dips to Rs 55 despite strong second quarter profits

Oyo's shares are currently trading at a discounted valuation despite the company reporting strong financial performance and projecting significant EBITDA growth. Investors are closely monitoring the market and anticipating a successful IPO in the future, driven by Oyo's impressive profitability and recent acquisition of G6 Hospitality.

Cochin Shipyard, MRF among 43 stocks with record dates for dividend, split next week. Do you own any?

MRF, Cochin Shipyard, ONGC and Ashok Leyland are in focus due to upcoming record dates for dividends and stock splits. Shareholders need to hold shares on the record date to be eligible. Buying the stock one day before the ex-date ensures eligibility for dividends while buying on the ex-date excludes such benefits.

Coforge and HCL Tech: Top IT picks with potential 23% returns each

Indian IT services are poised for growth, fueled by a favorable US business environment and rising technology spending. Despite past immigration challenges, the sector adapted, and with anticipated tax cuts and increased investments in healthcare and banking, companies like Coforge and HCL Technologies are well-positioned to lead.

Nifty down 10% peak but it’s time for you to stay calm and stay invested

The recent market correction, fueled by FII selling, global uncertainties, and weak earnings, has caused concern among investors. However, historical data shows that market corrections are a normal part of the cycle. Mutual fund inflows indicate investor confidence. While short-term volatility may persist, the long-term outlook for the Indian market remains positive. Investors should stay focused on their long-term goals and avoid making impulsive decisions based on short-term market fluctuations.

Global stocks drop as Fed signals slower pace of rate cuts

Global stocks were on track for their biggest weekly decline in two months as investors adjusted to the possibility of a slower pace of interest-rate cuts by the Federal Reserve. Stronger-than-expected economic data and hawkish comments from Fed officials, including Chair Jerome Powell, contributed to the market's recalibration.

Wall St Week Ahead-Nvidia results in focus as stock market's election boost stalls

Nvidia's upcoming earnings report is poised to significantly influence the U.S. stock market, as investors seek direction following the recent election rally. The company's dominant position in AI and strong projected growth are expected to impact tech stocks and overall market sentiment.

Bank credit to microfinance borrowers falls by a third

Loan disbursal to microfinance borrowers decreased by 29% in the second quarter. Banks reduced lending more than non-bank lenders. The microfinance market is experiencing stress due to previous over-supply of credit. The outstanding loan portfolio has also decreased. The sector is facing challenges like over-leveraging and inaccurate income assessments.

Don't Miss These Breakouts Poised to Trade Higher!

In this StockCharts TV video, Mary Ellen reveals what took place last week and how the markets closed. She also revealed what drove price action, and what to be on the lookout for next week. In addition, she shares several stocks that broke out of powerful bases on bullish news.This video originally premiered November 15, 2024. You can watch it on our dedicated page for Mary Ellen on StockCharts TV.New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.If you're looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Are the Magnificent 7 Still the Kings of Wall Street?

There's no denying the strength that the mega-cap growth names have exerted on the equity markets in 2024. With their outsized weight in the major equity averages, and their strong performance into November 2024, the Magnificent 7 stocks in many ways reflect the investor optimism that has been much of the story of this bull market. But with these leading growth names rotating lower this week, pushing the Nasdaq 100 down 3.4% and the S&P 500 down 2.1% through Friday's close, we need to reconsider the sustainability of the uptrend phase through year-end 2024.To examine more effectively, we can easily group the eight stocks, which I call the "Magnificent 7 and Friends", into three distinct buckets. Let's review the technical configurations for these stocks, and focus on what levels could help us confirm a new market trend.The Breakout Names, Featuring NVDAThree of these eight leading growth names have already broken to a new all-time high in Q4, and, while Netflix, Inc. (NFLX) and Amazon.com, Inc. (AMZN) both deserve our attention, I think the chart of NVIDIA Corp. (NVDA) perhaps best illustrates what we're seeing with these top performers.These three are in confirmed uptrends, as defined by Charles Dow's original definition of higher highs and higher lows. So the analysis here is simple: as long as that uptrend persists, the charts are in good shape. For NVDA, that means a "line in the sand" around $132, which lines up with late October swing low as well as the 50-day moving average.During an uptrend phase, stocks will often pull back to an ascending 50-day or 10-week moving average. So, if charts like Nvidia are able to hold this key short-term trend barometer, then the uptrend remains in place. However, if these first three stocks fail to hold expected support, that could provide a key market tell as the "generals" would show signs of weakness.The Consolidating Charts, Featuring AAPLThree of the eight charts on this list are testing short-term resistance levels, with Meta Platforms, Inc. (META) testing the $600 level as a prime example. But we'll focus today on Apple, Inc. (AAPL), which has spent the last four months failing to breakout above its July high around $237.Quite simply, the chart of AAPL is at best "neutral" until and unless it can demonstrate a confirmed break above the July peak. On top of that, we can see the RSI has failed to push above the 60 level on short-term rallies. In fact, with the RSI basically rangebound between 40 and 60, this stock represents an absence of momentum and an equilibrium of buyers and sellers.For charts like these, I'm reminded of Jesse Livermore's famous quote, "There is time to go long, time to go short, and time to go fishing." When the chart is not providing a clear signal to the upside or downside, it's usually best to find opportunities elsewhere. But if three of these stocks are failing to break to new highs, that suggests limited upside for the S&P 500 and Nasdaq 100.The Wild Cards, Featuring MSFTNow the final two charts are sort of in an "other" bucket, with Tesla Inc. (TSLA) a notable outlier with its exceptionally strong upside rally post-elections, and then an equally dramatic decline over the last week. But I think Microsoft Corp. (MSFT) provides a more compelling technical configuration, given that it's one of the only growth names on this list that is actively testing price support.If you connect a trendline from the July peak to the September high, you'll see that MSFT had a failed breakout above that trendline in late October, and then again earlier this week. In bullish market phases, charts like this usually follow through on breakouts. But when clear technical breakouts don't see enough follow-through, that can often be an indication of a wider risk aversion and lack of willing buyers.With Microsoft in particular, it's all about the $406 level, which represents a 38.2% retracement of the 2023-24 uptrend phase. There have been numerous tests of this support level over the last three months, and a break below this level could indicate a larger theme of distribution in the equity markets. Bear phases are always marked by stocks being unable to hold key price support!For a deeper dive into these three charts, along with the rest of the Magnificent 7 and Friends, head on over to my YouTube channel!RR#6,DaveP.S. Ready to upgrade your investment process? Check out my free behavioral investing course!David Keller, CMTPresident and Chief StrategistSierra Alpha Research LLCDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

Earnings Preview: Deere & Company expected to end FY24 on a mixed note

For Deere & Company (NYSE: DE), 2024 has been a challenging year marked by weak demand amid declining farm income and high interest rates. As the company prepares to report […] The post Earnings Preview: Deere & Company expected to end FY24 on a mixed note first appeared on AlphaStreet.

Spotting a Bullish Opportunity in Zscaler (ZS) with OptionsPlay Strategy Center

As the cybersecurity landscape continues to evolve with increasing digital threats, Zscaler, Inc. (ZS) stands out as a new opportunity after lagging for most of 2024. Recent chart setups in Zscaler stock suggest ZS may be gearing up for a significant bullish trend.In this analysis, we will break down the bullish signals and Zscaler's financials, and then outline an optimal options strategy you can apply to capitalize on this opportunity—all identified instantly using the OptionsPlay Strategy Center within StockCharts.com. We've included a video illustrating this tool at the end of this article, which will help you get a better idea of how you can apply it to your options trading.FIGURE 1. DAILY CHART OF ZSCALER. The stock price has broken out above a significant resistance level, and its performance relative to the S&P 500 is improving.Chart source: StockCharts.com. For educational purposes.Looking at the daily chart of ZS, there are several bullish factors:Breakout Above Major Resistance. After trading below $200 since March, ZScaler's stock price has recently completed a bottoming formation and broke out above this critical resistance level. The prolonged consolidation period below $200 formed a solid base, indicating that selling pressure has subsided with buyers gaining control.Market Outperformance. Relative to the S&P 500 ($SPX), ZS's performance has been improving, suggesting relative strength and increased investor interest in the stock.These technical factors collectively point towards a potential continuation higher after breaking out above this key $200 resistance level.Beyond the technicals, Zscaler's fundamentals further strengthen the bullish thesis:Robust Revenue Growth. Zscaler reported a 30% year-over-year increase in revenue, reaching $593 million.Impressive Billings Increase. The company achieved a 27% growth in billings, totaling $911 million.Expanding Customer Base. Zscaler now serves 567 customers with over $1 million in annual recurring revenue (ARR)—a 26% increase—and 3,100 customers with over $100,000 in ARR, marking a 19% growth.High Gross Margin. Maintaining a non-GAAP gross margin of 81% for fiscal year 2024 showcases the company's operational efficiency and profitability.Strong Free Cash Flow. With a free cash flow margin of 27%, Zscaler demonstrates robust cash generation capabilities, providing financial flexibility for future investments and growth initiatives.Zscaler's strong financial performance highlights its potential for continued growth. The company's focus on innovation and the expansion of its Zero Trust Exchange platform positions it well to capitalize on the increasing demand for cloud-based security solutions.Options StrategyTo leverage this bullish outlook on ZS, the OptionsPlay Strategy Center suggests selling the Dec 27 $205/190 Put Vertical @ $5.60 Credit.Sell. December 27 $205 Put Option at $12.15Buy. December 27 $190 Put Option at $6.60This strategy involves selling a higher strike put and buying a lower strike put, resulting in a net credit of $5.60 per share, or $560 per contract. The trade profits if ZS stays above $199.40 by the December 27, 2024 expiration date, with a 56.92% probability of success.FIGURE 2. PUT VERTICAL RISK GRAPH. Here, you see the max reward, max risk, and other details of the trade.Image source: StockCharts.com. For educational purposes.Trade Details:Maximum Potential Reward. $560 (the net credit received)Maximum Potential Risk. $1,880 (difference in strike prices multiplied by 100 shares per contract, minus the net credit)Breakeven Point. $199.40 (strike price of the sold put minus the net credit per share)This strategy benefits from time decay and allows for profit even if the stock remains stagnant or rises moderately. It provides a favorable risk-to-reward ratio while aligning with the bullish outlook on ZS.Real-Time Trade Ideas With OptionsPlay Strategy CenterThis bullish opportunity in Zscaler was identified using the OptionsPlay Strategy Center within StockCharts.com. The platform automatically scanned the market, highlighted ZS as a strong candidate for a continuation higher, and structured the optimal options trade in real-time.FIGURE 3. APPLYING THE OPTIONSPLAY STRATEGY CENTER. ZS was identified as a stock that has potential for a continued move higher. Click the arrow to the left of the stock symbol to view the trade details.Image source: StockCharts.com. For educational purposes.By subscribing to the OptionsPlay Strategy Center, you can access:Automated Market Scanning. Effortlessly discover the best trading opportunities based on comprehensive technical and options strategies in real time.Optimal Trade Structuring. Receive tailored options strategies that align with your market outlook and risk tolerance.Time-Saving Insights. Save hours of research with actionable trade ideas delivered in real time, allowing you to make informed decisions swiftly.Don't let valuable trading opportunities pass you by. Subscribe to the OptionsPlay Strategy Center today and empower your trading journey with tools designed to keep you ahead of the market. Access real-time trade ideas like the one discussed in this article and find the best options trades within seconds daily. Let OptionsPlay be your partner in navigating the markets efficiently and effectively.Learn more about the OptionsPlay Strategy Center features and how to apply them to your trading in the video below!

Wall Street drops at the open after Powell dents rate-cut hopes

The Dow Jones Industrial Average declined by 162.9 points, or 0.37%, to open at 43,587.93. The S&P 500 dropped 36.4 points, or 0.61%, opening at 5,912.79, while the Nasdaq Composite fell 177.7 points, or 0.93%, to begin the day at 18,929.92.

After Rs 1.2 lakh crore FII outflow, CLSA shifts focus back to India from China

CLSA reverses its investment shift from India to China, citing economic concerns in China, trade tensions, and rising U.S. yields. It increases India exposure, despite risks like market issuance surge.

The gamification of India’s investment landscape: Why investor protection must come first

India's retail investment boom is driven by tech and gamification but raises risks. Regulatory reforms on transparency, investor education, and gamification practices are essential to ensure long-term financial stability.

Buy Mahindra & Mahindra, target price Rs 3,262: LKP Securities

LKP Securities recommends buying Mahindra & Mahindra shares. They project a price of Rs 3,262 within a year. The current market price is Rs 2814.1. Mahindra & Mahindra, a large company in the auto sector, shows strong performance. LKP Securities expects continued growth, driven by new launches and a strong market position.

Add Alkem Laboratories, target price Rs 6,180: HDFC Securities

HDFC Securities recommends buying shares of Alkem Laboratories. They set a target price of Rs 6,180. The current market price is Rs 5,535. Alkem Laboratories' recent performance was slightly below expectations. However, the company expects growth in the Indian pharmaceutical market and improved profitability. HDFC Securities believes Alkem Laboratories will experience steady growth in the coming years.

Wall St indexes end lower after Powell erodes hopes for December rate cut

US stock market indices closed lower. Federal Reserve Chair Jerome Powell reduced hopes of interest rate cut. Traders bet on a small rate reduction in December. Producer price index rose. Jobless claims dropped. Some companies and sectors performed well despite the overall market dip.

The Sign of Strong Charts Getting Stronger

I was originally taught to use RSI as a swing trading tool, helping me to identify when the price of a particular asset was overextended to the upside and downside. And, on the swing trading time frame, that approach very much works, especially if you employ a shorter time period for the indicator. However, RSI can also be used for longer-term time frames, helping investors to better define trend phases and identify broader shifts in momentum, and today we'll break down three charts that show how this application of the RSI could help you stay on the right side of strong uptrends!HubSpot Inc. (HUBS)Earlier this week, on my daily market recap show, I was asked about HubSpot, which has recently become overbought. The viewer was concerned about potential downside given the overbought conditions.What we reviewed was that while an RSI above 70 is considered overbought, an RSI above 80 is considered "extremely overbought", or what we would often call "the good kind of overbought." Why consider such a high RSI to be a bullish tell? Just look to the left on the chart of HUBS, at similar readings in June 2023 and December 2023. In both cases, the stock briefly pulled back soon after. And in both cases, the stock went on to make a new 52-week high within a month.NVIDIA Corp. (NVDA)Another stock that has shown a similar run of "the good kind of overbought" signals is Nvidia. There have been three such occurrences over the last two years, and, in every instance, these signals have occurred not at the end of the uptrend phase, but in the middle!It's worth noting here that Nvidia, along with most other semiconductor stocks, are nowhere near the overbought region given their recent weakness. NVDA is actually featuring the dreaded "bearish momentum divergence" which often serves as a leading indicator of a bearish rotation!GoDaddy Inc. (GDDY)GoDaddy is another chart which has recently shown an RSI level above the 80 threshold. And while that could mean a brief countertrend pullback is in store, it also suggests that the long-term uptrend may still be in place.The last time GDDY saw an RSI above 80 was in November 2023, just before an incredible bullish phase that arguably is still in place in November 2024. So while I could see a short-term pullback as a reasonable expectation between now and year-end, this configuration also serves to reinforce the broader uptrend phase that is still active.As I was first learning technical analysis back in the day, I thought chart reading was all about finding signals and just blindly following them. Over the years, I've come to appreciate that indicators like RSI have layers of value.  Mindless investors take indicators at face value. Mindful investors have learned to dig deeper and appreciate the values of learning from previous market cycles!RR#6,DaveP.S. Ready to upgrade your investment process? Check out my free behavioral investing course!David Keller, CMTPresident and Chief StrategistSierra Alpha Research LLCDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

Upgrade Your Options Trading with OptionsPlay on StockCharts

Should you buy calls/puts? Should you write covered calls? Or should you trade bull/bear vertical spreads?That's a lot to chew on -- and it's just the beginning. Once you decide on a strategy, you'll have to decide on which strikes and expirations to choose. Trading options, after all involves analyzing a lot of data points, which can be very time-consuming.Luckily for you, the new OptionsPlay Add-On from StockCharts.com can do all the heavy lifting you need. With just a few mouse clicks, you can identify stocks and ETFs that meet specific technical criteria and view the optimal options trading scenarios. In this instructive video, Tony Zhang, Chief Strategist at OptionsPlay, and Grayson Roze, Director of Operations at StockCharts, walk you through the following features available in the OptionsPlay Add-On:The daily OptionsPlay ChartListsOptionsPlay Strategy CenterOptionsPlay ExplorerAnd keep in mind, some of these features are available only on StockCharts! So whether you're a seasoned options trader or a newbie, this video is worth a must-see. Check it out below!This video premiered on November 14, 2024.

This Industry Just Broke Out And Is Poised To Lead U.S. Equities Higher

Now that Q4 historical bullishness has kicked in, it's time to allow the bears to go into hibernation, while the bulls search for key leadership to drive prices higher. Before I highlight a key industry group that just moved into all-time high territory, it's important to understand the history of the stock market and which groups tend to carry the S&P 500 higher. In other words, since the S&P 500's 2013 breakout above the 2000 and 2007 highs, which groups have led this secular bull market advance? Well, here you go. These are the 12 best-performing industry groups since April 2013 (as you check these out, keep in mind that the S&P 500 has gained 266% over the same period):Semiconductors ($DJUSSC): +1488%Computer Hardware ($DJUSCR): +1019%Software ($DJUSSW): +774%Specialty Finance ($DJUSSP): +709%Internet ($DJUSNS): +683%Broadliine Retailers ($DJUSRB): +653%Automobiles ($DJUSAU): +480%Home Construction ($DJUSHB): +459%Insurance Brokers ($DJUSIB): +434%Home Improvement ($DJUSHI): +424%Hotels ($DJUSLG): +419%Consumer Finance ($DJUSSF): +416%This isn't opinion. This isn't a list based on current technical conditions or my favorite groups. This list is HISTORICAL FACT. These are the "risk on" groups that have led this bull market. If you're still clinging to the hopes of a secular, or even cyclical, bear market right now, I think you need to leave personal biases at the door and look at this market objectively. All-time highs nearly always beget more all-time highs. In my lifetime, I've only seen TWO all-time highs that marked major tops - one in 1973 and the other in year 2000. Constantly searching for that major top is what leads to significant underperformance. Personally, I believe the next major top (leading to a secular bear market) is most likely a decade away. We'll all find out together.So I'm in a position believing that stock prices are going to go higher. I'm also of the belief that many of the same leaders shown above in the Top 12 groups since 2013 are going to lead the next leg higher in this secular bull market. Therefore, I'm paying particularly close attention to these charts......and one of them just broke out and started to lead on a relative basis during the past week.Enter Software:The absolute price breakout has already occurred. Now I'm waiting to see the relative breakout on the DJUSSW. Once that happens, I see a melt up in software stocks, especially among small and mid cap software stocks. It's important to point out that in this environment of falling short-term fed funds rates, small and mid caps are showing tremendous leadership. As I look ahead, I believe small and mid caps will TROUNCE the S&P 500. All of this will lead to many small/mid cap software stocks tripling or quadrupling within a year. I'm going to uncover them.On Saturday morning at 11am ET, I will be hosting a webinar, "Capitalizing On Small- and Mid-Cap Strength". The objective of this event is to illustrate the strength in these two asset classes and to discuss potential levels of outperformance and to point out many stocks poised to lead. If you want to find stocks capable of tripling, quadrupling, or even more, then this webinar is for YOU! The webinar is completely FREE (no credit card required), but you must register for the event to save your seat - and seats are limited. For more information and to register NOW, CLICK HERE.Happy trading!Tom

What to expect when Target (TGT) reports its Q3 2024 earnings results

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday. The stock has gained 9% over the past three months. The retailer is scheduled to report its earnings results for […] The post What to expect when Target (TGT) reports its Q3 2024 earnings results first appeared on AlphaStreet.

JD Earnings: JD.Com Q3 profit jumps on higher revenues

JD.com Inc. (NASDAQ: JD), a leading e-commerce firm based in China, reported a sharp increase in adjusted net income for the third quarter of 2024, aided by an increase in […] The post JD Earnings: JD.Com Q3 profit jumps on higher revenues first appeared on AlphaStreet.

DIS Earnings: All you need to know about Walt Disney’s Q4 2024 earnings results

The Walt Disney Company (NYSE: DIS) reported its fourth quarter 2024 earnings results today. Revenues increased 6% year-over-year to $22.6 billion. Net income attributable to The Walt Disney Company was […] The post DIS Earnings: All you need to know about Walt Disney’s Q4 2024 earnings results first appeared on AlphaStreet.

Simple Way to Find Confluence FAST Using Moving Averages

In this exclusive StockCharts video, Joe explains how to use an 18 simple moving average in multiple timeframes to identify when a stock has confluence amongst 2-3 timeframes. He shows how to start with the higher timeframes first, before working down to the lower ones. Joe then covers the shifts that are taking place in the sectors; in addition, he shows a nice feature in StockChartsACP that can help zero you in on new emerging strength. Finally, he goes through the symbol requests that came through this week.This video was originally published on November 13, 2024. Click this link to watch on StockCharts TV.Archived videos from Joe are available at this link. Send symbol requests to This email address is being protected from spambots. You need JavaScript enabled to view it.; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

CSCO Earnings: Cisco Systems Q1 profit drops, but beats estimates

Network gear maker Cisco Systems Inc. (NASDAQ: CSCO) reported a year-over-year decrease in revenue and earnings for the first quarter of 2025. Earnings topped expectations. The San Jose-headquartered tech firm […] The post CSCO Earnings: Cisco Systems Q1 profit drops, but beats estimates first appeared on AlphaStreet.

A few points of note on Home Depot’s (NYSE: HD) 3Q24 performance

Shares of Home Depot (NYSE: HD) were up over 1% on Wednesday. The stock has gained 15% over the past three months. The company delivered better-than-expected earnings results for the […] The post A few points of note on Home Depot’s (NYSE: HD) 3Q24 performance first appeared on AlphaStreet.

Earnings Summary: Occidental Petroleum reports lower Q3 revenue and adj. profit

Energy company Occidental Petroleum Corporation (NYSE: OXY) has reported a decrease in revenues and adjusted earnings for the third quarter of 2024. Total revenue and other income came in at […] The post Earnings Summary: Occidental Petroleum reports lower Q3 revenue and adj. profit first appeared on AlphaStreet.

Spotify (SPOT) Earnings: 3Q24 Key Numbers

Spotify Technology S.A. (NYSE: SPOT) reported total revenue of EUR3.98 billion for the third quarter of 2024, up 19% year-over-year. Net income attributable to owners of the parent was EUR300 […] The post Spotify (SPOT) Earnings: 3Q24 Key Numbers first appeared on AlphaStreet.

What Seasonality Charts Reveal About the Top Sectors to Watch Right Now!

Where might you invest as the year winds down and holiday spending kicks into high gear? A look at historical seasonality trends might help you figure out which sectors tend to outperform in the final months and into the new year.To begin, the first step is to open up your S&P Sector ETFs ChartLists. If you don't have an S&P Sectors ChartList, it's time to create one. My ChartList includes the ETFs listed in the Sector Summary Dashboard panel.Consumer Discretionary (XLY)Financials (XLF)Communications (XLC)Industrials (XLI)Technology (XLK)Real Estate (XLRE)Utilities (XLU)Energy (XLE)Consumer Staples (XLP)Materials (XLB)Health Care (XLV)In the View List As dropdown menu on your ChartList, select Seasonality. When your seasonality chart pops up, you can then select each chart in your sector ChartLists.Because this is an election year, I am setting each chart to a 10-year lookback period (from 2015 to 2024) to capture three election years. I also view each sector relative to the S&P 500 ($SPX) to set a benchmark comparison (you can set this at the bottom of your seasonality chart in the Compare Symbol To box).Top Two Sectors to Watch from November to January 2025If you thought Consumer Discretionary spending might spike from the holiday season to January (considering the beginning of the Q4 earnings season), the results might surprise you.Remember, we're looking at entire sectors, not individual stocks that might outperform their sector peers. That said, the two sectors that pop out in a seasonality analysis relative to the S&P 500 are Financials (XLF) and Communications Services (XLC). Take a look at XLF's seasonal performance (see image below).FIGURE 1. 10-YEAR SEASONALITY CHART OF XLF. October and November are the strongest months for the Financials relative to the broader market.Image source: StockCharts.com. For educational purposes.If you bought XLF in August, then you are on the right side of seasonality. November happens to be the strongest seasonal month of the year relative to the broader market. While seasonality alone shouldn't be the only reason to invest in a given sector, the fundamental and political contexts affecting financials happen to align. Let's take a look at a daily chart of XLF.FIGURE 2. DAILY CHART OF XLF. The Bullish Percent Index in the top panel should buying pressure. The divergence in money flow between the On Balance Volume and the Chaikin Money Flow indicates retail traders may be driving prices higher.Chart source: StockCharts.com. For educational purposes.The Bullish Percent Index (BPI) for the financials sector is soaring above 70%, representing the percentage of stocks experiencing bullish P&F breakouts. However, a BPI over 70% also suggests that the index may be overbought.Note the divergence between the On Balance Volume (OBV) and the Chaikin Money Flow (CMF). While both measure buying pressure, the CMF can reflect "smart money" activity, since it tracks buying/selling pressure relative to daily price ranges, often capturing institutional accumulation or distribution patterns. If OBV rises while CMF declines, that may signal that retail buyers are driving prices up while institutions quietly sell, suggesting potential weakness in the uptrend.If you're expecting a pullback, perhaps to enter or add to an existing position, look to the 20-day and 50-day simple moving averages (SMAs) for a potential bounce. Otherwise, watch support at $46 (see blue dotted line). A close below this level could invalidate the uptrend, fulfilling its seasonal weakness heading into January.The other outstanding seasonal sector chart was XLC, a proxy for the Communications Services sector.FIGURE 3. SEASONALITY CHART OF XLC. The January profile reflects an interesting observation.Image source: StockCharts.com. For educational purposes.This chart is extraordinary.Over the last 10 years, XLC has had 100% higher closes relative to the S&P 500 in January.Its average return, relative to the S&P 500, has been 3.1%, marking its strongest relative seasonal month.November and December may be weak, but they're the perfect setup for a strong January. But will January 2025 repeat this historical pattern? Shift over to a daily chart for a closer look.FIGURE 4. DAILY CHART OF XLC. XLC has a similar profile as XLF in that it looks overbought. There could be a pullback in price.Chart source: StockCharts.com. For educational purposes.Like financials, XLC's BPI is extremely bullish at nearly 87%, yet this level (over 70%) warns of potential overbought conditions.The OBV and CMF are also diverging, hinting that retail investors may be driving prices higher, while the smart money may be holding back. Given the seasonality context of a weak November (which, so far, it isn't) and a tepid December, you might expect XLC to pull back, giving you a strong setup for a January 2025 surge.Watch the 20-day- and 50-day SMAs as potential support levels in this case. More importantly, keep a close eye on the two swing points at $91.50 and $90, indicated by blue dotted lines on the chart. A close below $90 could signal significant weakness and, unless institutional buying pressure increases, the risk of further downside remains high.A Few Tips and TricksI've demonstrated a few ways to use Seasonality Charts to identify seasonality in stocks and sectors.Drill Down on the Seasonality to Prepare, but Not to Predict: Seasonality charts give you historical context to inform the likelihood of a sector performing a certain way if similar seasonal factors influence the market again. Seasonality is NOT a predictor, but an indicator of possible outcomes that certain factors may historically skew.Check Sector ETFs Daily Charts: If you're interested in investing in sector ETFs, then check the daily chart to see if there are any viable entry points.Drill Down to the Stock Level: If you're looking at sectors to spot individual stocks, proceed to the stock level. You may want to repeat the process above, as individual stocks may also have their own seasonality depending on factors like earnings cycles, industry-specific trends, or recurring market events.However, many other ways to apply seasonality charts to your analysis exist. Check out the StockCharts support page on Seasonality Charts and explore how to apply this tool to your analysis.Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.[…]

Key takeaways from Tyson Foods’ (TSN) Q4 2024 earnings report

Shares of Tyson Foods, Inc. (NYSE: TSN) jumped over 8% on Tuesday after the company delivered better-than-expected earnings results for the fourth quarter of 2024. Revenue and earnings beat estimates, […] The post Key takeaways from Tyson Foods’ (TSN) Q4 2024 earnings report first appeared on AlphaStreet.

Earnings Summary: A snapshot of Mosaic Company’s Q3 2024 report

The Mosaic Company (NYSE: MOS), a leading producer of concentrated phosphate and potash, Tuesday reported lower sales and adjusted profit for the third quarter of 2024. Adjusted earnings, excluding special […] The post Earnings Summary: A snapshot of Mosaic Company’s Q3 2024 report first appeared on AlphaStreet.

MUST SEE Updates to RRG Charts on StockCharts!

In this video from StockCharts TV, Julius pulls the curtain back on the updated Relative Rotation Graphs that are now available on the StockCharts website. He demonstrates a myriad of new features, including alignment of the intraday time frames with SharpCharts/ACP, zoom and position control with your mouse, and increased flexibility with selecting and/or highlighting tails. Julius finishes with a brief update on the S&P 500 chart after the elections. This video was originally published on November 11, 2024. Click anywhere on the icon above to view on our dedicated page for Julius.Past videos from Julius can be found here.#StayAlert, -Julius

Is the Trump Rally Like the Reagan Rally?

Today Carl compares this week's Trump Rally with the rally we saw after Reagan was elected in 1980. There are similarities and differences. The Trump rally has lifted certain sectors of the market as well as Cryptocurrencies. While the Reagan rally had different catalysts.The market continues to make new all-time highs. Carl gives us the full analysis picture as he covers the market in general as well as Bitcoin, Gold, the Dollar and many more.It is time for another review of the Magnificent Seven in the short and intermediate terms. Some are positioned well while others are showing weakness.Erin covers sector rotation with a special study of the small-cap stocks that are soaring higher on the Trump election. Are overbought conditions a problem? Overbought conditions can persist in a bull market move and that is exactly what we have right now.The pair finish the program looking at viewer symbol requests which were heavy on Semiconductors. How do they compare with NVDA?Join us live on Mondays at Noon ET by registering to attend at https://us06web.zoom.us/webinar/register/WN_D6iAp-C1S6SebVpQIYcC6gWe love doing the free trading room, but we do have to make a living! Contemplate getting a subscription to the DP Alert which sets the table for all of your trades! Click to subscribe now! https://www.decisionpoint.com/products.htmlUse coupon code: DPTRIAL2 to get two free weeks of any subscription!01:33 Trump Rally vs. Reagan Rally06:21 Market Overview14:41 Magnificent Seven21:15 Sector Rotation and Small-Caps29:42 Symbol RequestsIntroducing the new Scan Alert System!Delivered to your email box at the end of the market day. You'll get the results of our proprietary scans that Erin uses to pick her "Diamonds in the Rough" for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!Learn more about DecisionPoint.com:Watch the latest episode of the DecisionPointTrading Room on DP's YouTube channel here! Try us out for two weeks with a trial subscription! Use coupon code: DPTRIAL2 Subscribe HERE!Technical Analysis is a windsock, not a crystal ball. --Carl Swenlin(c) Copyright 2024 DecisionPoint.comDisclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.Helpful DecisionPoint Links:Trend ModelsPrice Momentum Oscillator (PMO)On Balance VolumeSwenlin Trading Oscillators (STO-B and STO-V)ITBM and ITVMSCTR RankingBear Market Rules

Buy Tejas Networks; target of Rs 1100: Emkay Global Financial

Emkay Global Financial is bullish on Tejas Networks has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated April 23, 2024.

Buy Bajaj Finance; target of Rs 9000: Emkay Global Financial

Emkay Global Financial is bullish on Bajaj Finance has recommended buy rating on the stock with a target price of Rs 9000 in its research report dated April 23, 2024.

Reduce Aditya Birla Fashion and Retail; target of Rs 230: Emkay Global Financial

Emkay Global Financial recommended reduce rating on Aditya Birla Fashion and Retail with a target price of Rs 230 in its research report dated April 23, 2024.

Buy HDFC Life Insurance Company; target of Rs 739: ICICI Securities

ICICI Securities is bullish on HDFC Life Insurance Company has recommended buy rating on the stock with a target price of Rs 739 in its research report dated April 21, 2024.

Accumulate Infosys; target of Rs 1531: KR Choksey

KR Choksey recommended Accumulate rating on Infosys with a target price of Rs 1531 in its research report dated April 22, 2024.

Buy Navneet Education; target of Rs 182: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Navneet Education has recommended buy rating on the stock with a target price of Rs 182 in its research report dated April 22, 2024.

Buy City Union Bank; target of Rs 170: ICICI Securities

ICICI Securities is bullish on City Union Bank has recommended buy rating on the stock with a target price of Rs 170 in its research report dated April 21, 2024.