Good Morning, It's frequently said that as January goes, so goes the market. If that's the case, it's time for investors to put money to work in the stock market. Here's the tale of the tape as of February 7, 2024: - The S&P 500 Index is up around 6.3%.
- The tech-heavy Nasdaq index is up more than 30%.
- The Dow Jones index is up more than 13%.
And at the time of this writing, 72% of the companies that have reported earnings have reported earnings per share (EPS) that are 2.6% higher on average than analysts' expectations. And this earnings growth is being seen in 7 out of 11 market sectors. But as many investors understand, the rally is not as broad-based as the statistics would indicate. Just look at what's going on with some bellwether stocks like McDonald's Corporation (NYSE: MCD), which is down approximately 3% after weak guidance. That's why we've put together this video to point you to seven stocks that had a strong January but may not be done yet. These are stocks you can feel free to chase higher or buy on the dip.
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Breaking News: New 2024 Presidential Election Forecast Just In
Click here to see the new 2024 presidential election forecast. From The Freeport Society.
Click here to see my 2024 election prediction.
Protect Your Bank Account with THESE 3 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account. They could closely track every transaction or even freeze it. From Weiss Ratings.
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The ONLY AI company that matters
There's only ONE AI company that matters. It's not Nvidia, AMD, IBM or any new startup. It's not even an artificial intelligence company. Yet, I believe it holds the key to the entire AI market. Without their critical technology, the AI sector could collapse. In my new presentation, I spotlight this military-backed company and explain why it's the only AI company that matters. From Porter & Company.
You must read this new presentation from Porter Stansberry.
Top 5 Tech Stocks to Buy for 2024
Elon Musk just Triggered a BOOM in These Stocks Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. From Daily Market Alerts.
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The top AI stocks of 2024
2024's Top AI Stocks / #1 Ticker Revealed Here We will likely never again in our lifetimes witness a wealth-building opportunity like artificial intelligence. From Paradigm Press.
And this is the stock to do it with.
"The Biggest Drug Ever" Is Coming
UBS bank predicts it will become "The Biggest Drug Ever." The Wall Street Journal believes it will be "Pharma's biggest blockbuster yet." Bank of America predicts it will be the world's first "$100 billion dollar a year drug." And Morgan Stanley predicts 250 million prescriptions will be written each year. From Behind the Markets.
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