Thursday, February 8, 2024

Top Strategist's Contrarian View on 'Magnificent 7' Dominance Makes Waves

Investment News Daily
Which Stocks Have Cyclical Price Patterns? Let's get right to it! In this edition, we spotlight stocks that historically have risen...

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Today's Trade Ideas:

Investment News Daily Newsletter for February 8, 2024
Which Stocks Have Cyclical Price Patterns?Let's get right to it! In this edition, we spotlight stocks that historically have risen by at least 4% over the next 4 weeks at least 80% of the time. Each s... Read More

 

Market News

 

SP 500 Inches Closer to Breakout – Don't Miss the Action
The S&P 500 maintains a bullish outlook, edging closer to its all-time highs with little resistance in sight. The prospect of reach... Read More

 

US Stock Futures Waver Before Earnings, Economic Reports
U.S. stock index futures see-sawed in a tight range on Thursday following a strong finish on Wall Street a day earlier ahead of big-ticket earnings reports, while investors also awaited data that coul... Read More

 

2 Stocks That Could Double Your Money in 5 Years
In the investing world, a two-bagger refers to a stock that gains 100% -- that is, it doubles your initial capital. Doing so in a mere five years is no easy feat. It requires a compound annual growth ... Read More

 

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News You May Have Missed

 

Silicon Valley's Efficiency Surge Earns Wall Street's Applause
The US recession never arrived, but that hasn't stopped the tech bros. Layoffs continue to roll in, and they show no signs of slowing under pressure from Wall Street to squeeze profit margins and rede... Read More

 

Tempur Sealy Prepares for Q4 Print - Latest Forecasts Unveiled
Tempur Sealy International, Inc. is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 8, 2024.Analysts expect the company to report quarterly ea... Read More

 

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These 3 Stocks Outshine Apple, Microsoft, and Tesla in S&P 500 Performance
Despite Apple, Microsoft, and Tesla delivering some of the best gains in stock market history since they each came public, they aren't the best performing names in the S&P 500 index over the last ... Read More

 

Analysts Bullish on Eli Lilly Post-Results - Here's Why
Shareholders of Eli Lilly and Company will be pleased this week, given that the stock price is up 12% to US$725 following its latest yearly results. Revenues of US$34b were in line with for... Read More

 

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S&P 500 Edges Closer to Historic 5,000 Milestone
Share were mostly higher in Europe and Asia on Thursday after the S&P 500 neared the 5,000 level for the first time.Germany's DAX gained 0.2% to 16,959.12 and the CAC 40 in Paris advanced 0.6% to ... Read More

 

Top Strategist's Bold Outlook on 'Magnificent 7' Stock Concentration Risks
Investors should not be overly concerned about the significant concentration of mega-cap tech stocks, according to a top strategist.What Happened: Brian Belski, the chief investment strategist at ... Read More

 

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