- Stocks Telegraph Morning
- Posts
- Nov - 27 - NH - Morning Newsletter (with survey at top and bottom)
Nov - 27 - NH - Morning Newsletter (with survey at top and bottom)
💎 Exclusive Picks: Today’s 4 Hidden Market Jewels!
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!
Monday witnessed a decline in stock futures as Wall Street aimed to extend its positive streak, which has spanned four consecutive weeks in the equity market. Futures for the Dow Jones Industrial Average edged down by 45 points, constituting a 0.13% decrease. Concurrently, futures for the S&P 500 experienced a 0.16% slip, while Nasdaq 100 futures fell by 0.17%.Despite warnings from certain U.S. retailers indicating a weakening trend in consumer spending, Wall Street has sustained a four-week winning streak across all three major averages. This surge follows the retreat of the 10-year Treasury yield from the briefly surpassed 5% mark in late October.As attention turns to the holiday shopping season post-Black Friday, traders await updates on consumer spending. Additionally, the upcoming week promises a flurry of economic indicators and Federal Reserve commentary. Monday will feature releases of new home sales data and the latest Dallas Fed Manufacturing Survey. Subsequent to that, readings on consumer confidence and inflation are anticipated later in the week.
Most Effective Investment Strategy On Earth
Reclusive millionaire hasn't closed a single losing trade in over 6 years! I was able to corner him and get him to reveal on camera how he did it.
Sponsored
Today Top Movers
Ault Alliance Inc (AULT) stock soared 24.01% to $0.1064 in the pre-market trading. The company issues letter to stockholders summarizing third quarter financial results and updating on capital raising and business focus.
Avenue Therapeutics Inc (NASDAQ: ATXI) shares are trading up 17.02% at $0.22 at the time of writing following the filing of 8-K form with the SEC.
Captivision Inc (CAPT) grew over 23.5% at $2.89 in pre-market trading today. Capitan Silver is a well-funded junior exploration company focused on its 100% owned gold and silver Cruz de Plata Project in Durango, Mexico.
Perfect Corp (PERF), a Software - Application company, rose about 19.6% at $2.99 in pre-market trading Monday after announcing commencement of self tender offer to purchase up to 16,129,032 Class A Ordinary Shares for an aggregate purchase price of up to $50,000,000.
Imagine buying one single stock in the next three hours...
...and changing the trajectory of your family's future forever.
It can happen. But the question is... How do you find the right stock?
How do we go about identifying the stock with the best chance to get us there?
That's what I'm going to share with you today.
You see... I've found the next stock that I believe has just as much potential as (perhaps more than) Berkshire Hathaway, Apple, Netflix or Amazon.
Sponsored
Top Upgrades & Downgrades
UBS turned bullish on Teva- Pharmaceutical Industries Ltd. ADR (TEVA), upgrading the stock to Buy and assigning a $13 price target, representing potential upside of 32.92% from Friday's close.
YPF ADR (YPF) has won the favor of Goldman Sachs' equity research team. The firm upgraded the shares from Sell to Neutral and moved their price target to $17.1.
Mondelez International Inc. (MDLZ) received an upgrade from analysts at BC Capital. They changed their rating on MDLZ to Outperform from Sector Perform in a recently issued research note.
Earlier Monday Jefferies reduced its rating on Splunk Inc (SPLK) stock to Hold from Buy and assigned the price target to $157.
Morgan Stanley analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Southern Copper Corporation (SCCO) has been changed to Underweight from Equal-Weight and the new price target is set at $68.
Analysts at Raymond James downgraded Weyerhaeuser Co. (WY)'s stock to Market Perform from Strong Buy Monday.
3 Top S&P 500 Stocks to Buy for 2024
After a rough outing in 2022, 2023 has been explosive.
In fact, since the year began, major indices, like the S&P 500 are up about 15% year to date. Heading into New Year 2024, things could get even better.
That said, here are three "no brainer" stocks to consider.
Sponsored
Latest Insider Activity
Walmart Inc (WMT) 10% Owner WALTON JIM C announced the sale of shares taking place on Nov 24 at $155.54 for some 489,331 shares. The total came to more than $76.11 million.
Viatris Inc (VTRS) President, Greater China Ni Xiangyang (Sean) sold on Nov 24 a total 14,937 shares at $9.37 on average. The insider’s sale generated proceeds of almost $0.14 million.
Arbor Realty Trust Inc. (ABR) COB, CEO and President KAUFMAN IVAN declared the purchase of shares taking place on Nov 24 at $12.15 for some 20,000 shares. The transaction amount was around $0.24 million.
Yum China Holdings Inc (YUMC) Chief Executive Officer Wat Joey bought on Nov 22 a total 14,000 shares at $46.26 on average. The purchase cost the insider an estimated $647,615.
Wall Street's biggest income secret leaks to a few retail traders
Have you seen this?
One of Wall Street's biggest income secrets just got leaked to a select few retail traders... It allows retail traders to tap into the same secret income streams big banks have been exploiting for years...
And get this... One of those retail traders is using this little known strategy to generate weekly income.
Sponsored
Important Earnings
Top US earnings releases scheduled for today include Zscaler Inc (NASDAQ:ZS). It will announce its Oct 2023 financial results. The company is expected to report earnings of $0.49 per share from revenues of $473.35M in the three-month period.
Analysts expect Cerence Inc (NASDAQ:CRNC) to report a net income (adjusted) of $0.15 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2023 is predicted to come in at $73.38M.
Smart Share Global Ltd ADR (EM), due to announce earnings before the market opens today, is expected to report earnings of $0.01 per share from revenues of $77.26M recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.