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2 Top S&P 500 Stocks To Buy On The Dip For Big 2024 Gains

2 Top S&P 500 Stocks To Buy On The Dip For Big 2024 Gains

Today’s episode of Full Court Finance at Zacks explores where the stock market stands following the big December rally heading into Christmas. The episode then pivots to why investors might want to buy two large-cap S&P 500 stocks—NextEra Energy (NEE – Free Report) and PepsiCo (PEP – Free Report) —on the dip heading into 2024 for long-term gains.The stock […]
Muni Bonds Are Booming – And You Can Still Get In

Muni Bonds Are Booming – And You Can Still Get In

Image Source: Pixabay Recent weeks have seen a massive global bond rally on growing optimism the Federal Reserve has nearly finished hiking interest rates and will soon have to hit pause on its tightening regime.Just look at what has happened in the normally very quiet world of municipal bonds.Spoilers: there’s still time to get in…Munis are […]
Stocks And Precious Metal Charts – The Dollar Chopped Sideways.

Stocks And Precious Metal Charts – The Dollar Chopped Sideways.

The bond market closed at 2 PM today. The associate carnies of the equity markets will be throwing paper airplanes around until the normal close.Here are the state of the charts as of now.Stocks rallied, but then pulled back sharply. More technical trading.The rationale about zero options they gave for the big move the other day […]
Is The Grinch Coming For Your Portfolio?

Is The Grinch Coming For Your Portfolio?

Image Source: Unsplash— risk management out the window — economic slowdown and forecasts (NKE, FDX) — rate cut projections appear ridiculous — two sided trading returns — options markets starting to price riskSPX Expected Move — — last week — 55.44 (5-day expected move) — next week– 57.87 (4-day expected move)Video Length: 00:20:54More By This Author:Is […]
S&P 500 Earnings Dashboard 23Q3 – Friday, Dec. 22

S&P 500 Earnings Dashboard 23Q3 – Friday, Dec. 22

Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 23Q3 Y/Y blended earnings growth estimate is 7.5%. If the energy sector is excluded, the growth rate for the index is 13.1%. Of the 499 companies in the S&P 500 that have reported earnings to date for 23Q3, 82.0% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q3 Y/Y blended revenue growth estimate is 1.7%. If the […]
Major Indexes Log 8th Straight Weekly Wins

Major Indexes Log 8th Straight Weekly Wins

Stocks were mixed Friday despite cooler-than-expected inflation data, with the Dow logging a modest loss after Nike’s (NKE) post-earnings drop weighed heavy. The S&P 500 and Nasdaq logged mediocre wins on the day, while for the week, all three indexes marked an eighth consecutive gain, with the SPX seeing its longest weekly win streak since 2017. OIL, GOLD STRIKE […]
Panic Selling At All-Time Highs – What It Means

Panic Selling At All-Time Highs – What It Means

On Wednesday I wrote about runaway momentum and how it crushes everything in its way until it doesn’t. That very day and without notice, stocks saw a nasty downside reversal in matter of minutes that turned to hours. Some in the media made a federal case about it. I even heard one interviewer ask a guest to […]
Overbought Breadth Not Going Away

Overbought Breadth Not Going Away

A small number of (mega-cap) names have done the bulk of the heavy lifting for market-cap-weighted S&P 500 performance this year, but that does not steal from the fact that breadth has been solid. As shown below, the S&P 500’s 10-day advance-decline line—which essentially measures the ten-day average of the daily net percentage of stocks […]
What’s The True Number Of New Homes For Sale? How Much Builder Speculation?

What’s The True Number Of New Homes For Sale? How Much Builder Speculation?

New home sales from Census Department, chart by MishHuge Thud in New Home SalesEarlier today I noted a Huge Thud in New Home Sales, Down 12.2 Percent in NovemberI also posted this comment.Fictional Homes For Sale Of the allegedly 451,000 homes for sale only 78,000 are completed. 106,000 of the 439,000 homes for sale have not […]
Mark Jeftovic: The Fed Is Afraid… Of Something

Mark Jeftovic: The Fed Is Afraid… Of Something

In the last issue, we covered how Ecoinmetrics posited that the Bitcoin rally wasn’t being confirmed on-chain and that there was a chance of a 10% pullback in the month following his analysis, which was published November 22.We did get a pullback, from $44K, which touched bottom around $40K before reversing, for a roughly 10% retracement.If that […]