Sunday’s Poll: What's your short-term outlook on the market?

🟩🟩🟩🟩🟩🟩 📈 BULLISH 79% (Last week: 81%)
🟨⬜️⬜️⬜️⬜️⬜️ 📉 BEARISH 21% (Last week: 19%)

Comments:
📈 “Seasonal momentum coupled with post election optimism will carry the broad market through the end of the year.”
📉 “Not sure Trump economic will work. Plus the cost and deportation disruption will cause the US economy to collapse.”

BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↓ 41.29% for Week of November 21 2024*

Market Wrap:

• Dow +188 pts (+0.42%). S&P +0.56%, Nasdaq +0.83% hit new records.

• Chip stocks up: Nvidia +2%, Lam Research +3%. SOXX +1.3%.

• S&P 500 saw broad strength, with 60% of its stocks finishing higher.

• November gains: Dow +7.5% (best month of 2024), S&P +5%, Nasdaq +6%.

• Fed futures: 66% chance of Dec. rate cut, fueling rally.

• Holiday-shortened session; light trading volume.

EARNINGS

Here’s what we’re watching today. Full calendar »

• Tuesday: 

  • Salesforce (CRM) - earnings of $2.45 per share (16.1% YoY) on $9.4B revenue (+7.2% YoY)

• Wednesday: American Eagle (AEO), Campbell's (CPB), ChargePoint (CHPT), Chewy (CHWY), Dollar Tree (DLTR)

• Thursday: DocuSign (DOCU), Hewlett Packard (HPE), Lululemon (LULU)

  • Ulta (ULTA) - earnings of $4.51 per share (-11% YoY) on $2.5B revenue (+0.2% YoY)

HEADLINES

Trump Warns BRICS Nations Against Replacing US Dollar

Musk Asks Court to Block OpenAI from Converting to a For-Profit

• Black Friday spending in US stores and online rose 3.4% year-over-year (more)

• US economic growth outlook complicated by rising inflation (more)

  • Inflation worries drive bargain hunt among holiday shoppers (more)

• Dollar faces crunch week for US rates, yen holds gains (more)

• Gold braces for worst month in over a year on Trump-driven sell-off (more)

• World markets head for reality check after month of Trump (more)

• Job growth due for snapback after storms and strike (more)

• JPMorgan rejects transition-finance trend gripping Wall Street (more)

• Stellantis CEO resigns amid falling sales (more)

• Judge will not delay Google search trial for DOJ switch to Trump admin (more)

• Delete CFPB’: Musk calls for elimination of consumer bureau (more)

• Shein, Temu branch further into toy market amid worry over fake products (more)

TOGETHER WITH WEISS RATINGS

The 2025 AI Blueprint

Thanks to a specific AI Blueprint …

A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%.

Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.

Today only, the 2025 AI Blueprint has been revealed …

Click here to discover how these key companies could benefit from this critical pivot.

DEALFLOW

M+A | Investments

• BlackRock near deal to buy private credit manager HPS (more)

• ABC to buy auto supplier TI Fluid for $1.3 billion (more)

• Ipsos weighs binding offer to buy Kantar Media (more)

• FountainVest, Unison acquire jeweler Tasaki for $660M (more)

• Mike Ashley's Frasers buys South African firm Holdsport (more)

• TPG to buy controlling stake in Asian flower business Hasfarm (more)

• Holcim sells Nigerian unit to Huaxin Cement at $1 billion value (more)

• Tricentis, a company specializing in continuous testing and quality engineering, received a $1.33B investment from GTCR, at $4.5B valuation (more)

• BeatGig, a SaaS platform for managing live entertainment, received a strategic investment from John Hinshaw and Peter Kiernan III (more)

• Advanced Recycling Technologies Holdings, a company that operates distributed metals recovery systems, received a growth investment from Ember Infrastructure (more)

• Aechelon Technology, a provider of image generation software enabling live-virtual-constructive training, received a majority investment from Sagewind Capital (more)

• Capitolis, a fintech company, raised strategic investments from four global banks (more)

• 60Player, a digital platform for modern sports clubs, received a $25M investment from Five Elms Capital (more)

VC

• Cresta, an end-to-end generative AI platform for contact centers, raised $125M in Series D funding (more)

• Eon, a cloud backup platform, raised $70M in Series C funding, at $1.4B valuation (more)

• Sirona Medical, a provider of cloud-native radiology workflow software, raised $42M in Series C funding (more)

• Cardless, a fintech provider developing co-branded credit card solutions, raised $30M in funding (more)

• Range, an AI WealthTech platform, raised $28M in Series B funding (more)

• Wherobots, a spatial intelligence cloud company, raised $21M in Series A funding (more)

• Roon, a company providing an access to a guide for health, raised $15M in Series A funding (more)

• Constrafor, a provider for the construction industry, Raises $14M in Series A; and $250M Credit Facility (more)

• Doron Therapeutics, a clinical-stage biotech company focusing on musculoskeletal conditions, raised $11M in Series A funding (more)

• Montara, a data development platform that enables organizations to deliver data products faster, raised $5.4M Seed funding (more)

• Circleback, an AI-powered app for meeting notes and automations, raised $2.5M in seed funding (more)

• Autoimmunity BioSolutions, a biotech company advancing immuno-corrective therapies, raised $2M in Seed funding (more)

CRYPTO

• The Establishment takeover of Bitcoin creates new list of risks (more)

• Crypto’s ‘middle child’ Ethereum flounders as rivals gain ground (more)

• XRP tops $1.60 for first time since April 2021 (more)

BULLISH BITES

🚨 Investor Alert: Nvidia is the most valuable company in the world. This is what it’s doing next… *

📈 Peak Performance: Michael Saylor put together this presentation for Satya Nadella and Microsoft’s Board of Directors to adopt Bitcoin as a treasury asset. It’s 44 slides…in 3 minutes and 21 seconds…

⚖️ Adani Speaks: Gautam Adani breaks his silence on US bribery indictment.

🎁 Holiday Frenzy: You’re ‘wired’ to overspend during the holidays, expert says — here’s what to do about it.

🍔 The Recipe: How In-N-Out turned a simple $4 burger into a cult favorite and brings in $2 billion a year.

DAILY SHARES

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