- Stocks & Income
- Posts
- 👔 An Insurance CEO was assassinated
👔 An Insurance CEO was assassinated
👹 And people weren't as sad as they probably should have been
Wyatt from Alts
05 Dec
Yesterday, I looked at how the world changes with abundant cheap energy. It’s shocking.
Outsmart the market with Alpha Picks
Save 20% for Black Friday 🎉
Seeking Alpha is built for investors who demand more from their investment analysis. Alpha Picks is a powerful, data-driven stock recommendation tool designed to help buy-and-hold investors build market-beating portfolios.
It delivers Strong Buy recommendations based on the same criteria used by hedge funds and professional investors.
Why Alpha Picks?
Proven outperformance: Since its launch in July 2022, Alpha Picks has beaten the S&P 500 by over 70 percentage points.
No Guesswork: Stock recommendations are backed by quantitative algorithms and rigorous analysis — no subjectivity, no emotion.
Who's it right for?
Diversified investors: The portfolio spans multiple sectors, capturing the best opportunities as they rotate across industries.
Buy-and-hold Investors: Alpha Picks is perfect for long-term investors seeking capital appreciation without the need for frequent trading.
What do you get?
Two Strong Buy stock alerts each month.
Sell alerts when ratings shift or fundamentals change.
A supportive Alpha Picks community for discussion and strategy.
Join the ranks of investors leveraging quantitative insights to stay ahead of the market. With Alpha Picks, you’ll save hours of research and gain access to a portfolio built for success.
Disclaimer
📰 Market Headlines
The Dow closed above 45,000 for the first time, while the S&P 500 and Nasdaq reached new record highs, led by surging tech shares.
The S&P 500 gained 0.61% , Nasdaq jumped 1.3%, and the Dow advanced 0.69%.
Bitcoin surged past six figures.
The US economy expanded slightly in recent weeks, with subdued employment growth and modest inflation.
A Florida woman who led a nearly $200 million Ponzi scheme was sentenced to 20 years in prison.
UnitedHealthcare CEO Brian Thompson was assassinated just hours before an investor conference. People weren’t awfully sympathetic.
In nearly 40 years of rage shootings fueled by soaring inequality, in a culture where so many arm themselves in the belief guns give them political power, it’s always surprised me no one’s ever gone after the oligarchs
— Mark Ames (@MarkAmesExiled)
2:56 PM • Dec 4, 2024
The French government was toppled in a no-confidence vote brought by opposition parties.
🧠 Make yourself heard
Bitcoin hit six figures this morning. Where next? |
🎓 Get smart
Not making stupid investments is the best way to make a lot of money in the market.
So, Stocks & Income brings you a couple ways to level up your investment game every Thursday. Ignore them at your portfolio’s peril.
You're falling behind if you’re not using AI to make better picks yet. It's time to get smart.
📊 Ideas, trends, and analysis
Divorce rates doubled among Americans over 50 since 1990 but are way down since 1980s highs.
🕵️ Notable
Dog owners backed Trump by 60%, while Harris won female cat-only owners by the same margin.
Taylor Swift dominated Spotify's global streams for the second straight year, while country artists claimed 30% of the US top 10 spots.
😱 Fear and Greed Index
📊 Winners and losers
Get $20 free shares at public.com using code ALTSCO.
Earnings, upgrades, and acquisitions
Chewy beat Q3 estimates but shares dipped 0.4%.
Foot Locker missed earnings expectations with shares tumbling 8%.
American Eagle cut down its annual sales growth target from 4% to 3%; shares plunged 13%.
Campbell's topped Q1 earnings estimates and shares edged down 1.71%.
Five Below crushed Q3 estimates; shares advanced 1.7%.
Market movers
GM announced over $5 billion in charges on its China operations amid losses and restructuring.
Target lost its bid to dismiss a shareholder lawsuit over its Pride Month merchandise backlash.
OpenAI partnered with defense contractor Anduril to integrate AI into counter-drone systems.
Nippon Steel announced its commitment to its $15 billion US Steel takeover.
Airbus cut 2,043 jobs in its Defense and Space division.
🌍 Global Perspectives
🇮🇱 🇵🇸 An Israeli strike on a Gaza tent camp killed at least 21 displaced Palestinians and wounded 28 others.
🇨🇺 Cuba's electrical grid collapsed nationwide after a major power plant failure left millions without electricity.
🇷🇺 🇰🇵 North Korea and Russia's new military treaty came into force.
🇲🇽 Mexican authorities seized 1,100 kilograms of fentanyl in their largest bust ever.
📊 Crypto
Trump nominated crypto advocate Paul Atkins as SEC chair.
Rep. French Hill pledged to investigate alleged regulatory efforts blocking crypto companies from banking services.
Bitcoin tumbled to $65,000 on South Korean exchanges after a brief martial law declaration disrupted market liquidity.
Savvy Investors Know Where to Get Their News—Do You?
Here’s the truth: there is no magic formula when it comes to building wealth.
Much of the mainstream financial media is designed to drive traffic, not good decision-making. Whether it’s disingenuous headlines or relentless scare tactics used to generate clicks, modern business news was not built to serve individual investors.
Luckily, we have The Daily Upside. Created by Wall Street insiders and bankers, this fresh, insightful newsletter delivers valuable insights that go beyond the headlines.
And the best part? It’s completely free. Join 1M+ readers and subscribe today.
🎤 What you said last time
A surprisingly populist opinion from you lot.
What you had to say:
“None or Food.”
🧠 Errata
Hong Kong researchers created a lollipop device that lets users taste virtual reality flavors.
NASA's Voyager probes are dying as their nuclear power sources deplete after 50 years in space.
A Tokyo man snatched glasses off 50 strangers' faces while riding his moped.
📺 What to Watch Today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
Reply