- Stocks & Income
- Posts
- ↔️ Bitcoin bounced off its ATH
This is our last week in Mexico City, so you’ll soon receive your Stocks and Income notes at a normal/consistent time.
Thanks for your patience.
This is fine.
The top 5 stocks for 2024 (from investing legend Louis Navellier)
In the ever-changing tides of the stock market, a guiding star emerges. Meet Louis Navellier, one of America's top Money Managers with a staggering $1 billion under management.
With InvestorPlace, you're not just investing; you're being led by a legend who's been uncovering America's biggest investment opportunities before anyone else.
Why trust Louis?
Proven Track Record: He found Apple at $1.49, Microsoft at 38 cents, and Amazon at just $46.
Consistent Excellence: For the last eleven years, his system identified the S&P's #1 stock.
The Earnings Whisperer: Dubbed by CNBC for his uncanny ability to spot winners like Netflix, Nvidia, and AMD.
Visionary Insight: Hailed by MarketWatch as "The Advisor Who Recommended Google Before Anyone Else."
Louis has just updated his most anticipated report of the year: The Top 5 Stocks for 2024.
This is your chance to gain insights from a legend, with critical details about 5 stocks set for explosive growth.
Ready to transform your portfolio with insights from a legend?
SPONSOR
📰 Market Headlines
*past 24-hour performance
BTC and gold both ripped yesterday. Equities snoozed.
Bitcoin surged to $67,608.30, nearing its 2021 all-time high.
Gold rose to its highest level ever, settling at $2,126.30 per ounce as traders anticipate Federal Reserve interest rate cuts.
Major equity indexes were stable, waiting on the Fed.
The EU fined Apple $2 billion for squashing music streaming competition. Apple will appeal.
The JetBlue-Spirit merger has officially crashed and/or burned.
The Supreme Court ruled former President Donald Trump could not be removed from any state ballot under the 14th Amendment.
🕶️ Market Vibes
A big call by Apollo saying the Fed will cut rates zero times this year.
🎰 Market Forecasts and Futures
😱 Fear and Greed Index
🧠 What do you think?
Men of a certain age are required to get really into either smoked meats or WW2.
Which is a better hobby? |
🎤 What you said last time
A whopping 238 of you fear the warthog.
The correct answer, though, was C. This AI-generated badass.
📈 Trends you need to know
Why in the world is search volume for WW2 seasonal? |
📊 Stocks
Want to invest like Buffet? With Public.com, you can emulate Berkshire Hathaway’s portfolio with just a few clicks.
Winners and losers
Earnings, upgrades, and acquisitions
GitLab announced a 33% year-over-year revenue increase to $163.8 million in Q4, but tumbled 22% on weak guidance.
Stitch Fix reported a fiscal Q2 loss of $35.5 million with sales dropping 17.5%; shares fell 17%.
ThredUp posted a 14% year-over-year revenue increase to $81.4 million in Q4. The stock dropped post-earnings and then steadied to within 1% of its opening price.
Market movers
Macy's rose nearly 15% after a new $6.6 billion dollar buyout offer.
Their failed merger pushed JetBlue up 5% and Spirit down 11%.
Tesla shares fell 7.2% after China's February sales decreased by 19% from the previous year.
Apple will appeal Spotify's $2 billion EU antitrust fine. In other bad news for Apple, iPhone sales were down 24% in China YoY.
The FAA reported Boeing 737 MAX did not meet quality control standards.
Elon is being sued for $128 million by former Twitter execs for unpaid severance.
Altria shares dropped after a lawsuit claimed Zyn pouches were more addictive and harmful than other nicotine products.
Ideas, trends, and analysis
Uranium prices hit a 16-year peak, boosting prospects for nuclear and uranium stocks.
The battle over the trillion-dollar weight-loss bonanza.
Costco and Target stocks are good to buy now, expected to rise after earnings this week.
Warren Buffett increased his Occidental Petroleum investment to over $74 billion.
Billionaire David Tepper sold off AI stock, including Nvidia.
America's hopelessness crisis is linked to Gen Z's mental health, not just the economy.
Goldman Sachs ended its rally call for Super Micro Computer after an 825% surge.
Amazon might beat Apple with a nearly 70% potential gain.
🌍 Global Perspectives
🇬🇷 Greece plans for a central role in EU defense after its Red Sea mission and will boost defense spending.
🇪🇺🇺🇸 Europe and the US might compete for Middle Eastern aluminum if the EU bans Russian metal.
🇲🇾 Malaysia may reopen the search for MH370, pending new evidence from Ocean Infinity.
🇻🇳 Hanoi became the world's most polluted city.
🇨🇳 China raised its defence budget 7.2%.
🇭🇹 Haiti declared a state of emergency and imposed a curfew after mass prison breaks.
📊 Income
Thirteen undervalued stocks that raised dividends.
Five passive income stocks that offer ultra-yield dividends.
REITs have a silver lining.
This stock's dividend just rocketed 77% on strong aerospace demand.
📊 Crypto
Major banks are jumping on the Bitcoin wave.
The SEC postponed its decision on BlackRock's spot Ethereum ETF to "seek public input".
A recent court ruling bolstered the SEC's Coincase lawsuit by classifying cryptocurrencies as securities.
JPMorgan warned that Bitcoin could fall to $42K post-halving.
🧠 Errata
1.3 tons of cocaine were found smuggled inside frozen trout.
China's "Little Falcon" stealth drone is an ornithopter designed to mimic the flight pattern of a bird.
Over two million research papers vanished from internet archives.
Bezos is the richest person on earth again, dethroning Musk.
📺 What to Watch Today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
Reply