Connor Jenkins - Software & Finance

11/16/2024

October retail sales grew from the prior month, reflecting continued resilience in the American consumer.

Retail sales rose 0.4% in October. Economists had expected a 0.3% spending, according to Bloomberg data. Meanwhile, retail sales in September were revised up to a 0.8% increase from a prior reading that showed a 0.4% increase in the month, according to Census Bureau data. Auto sales drove a majority of the gains in October's reading with sales in the sector rising 1.6%. https://yhoo.it/48RKBtA

11/16/2024

11/16/2024

November is usually a weak month for gas consumption, OPIS global head of energy analysis Tom Kloza said.

11/16/2024

Take advantage of the market trends folks. Big opportunities posted daily.

11/16/2024

🚨 Is Eli Lilly ($LLY) in Trouble? 🚨

Recent trends indicate that Eli Lilly’s stock, which has been on a historic rise, is now seeing significant pullback. With 82% institutional ownership and heavy involvement from baby boomer pension funds, concerns are growing about the sustainability of its valuation. Analysts fear that a continued downturn could disproportionately affect retirees relying on these investments.

Eli Lilly’s recent performance highlights the risks of over-reliance on institutional momentum. Investors should keep a close eye on upcoming market reports and diversify their portfolios to mitigate potential losses.

What do you think about $LLY’s trajectory? Are we seeing the end of its bullish run, or is this just a temporary correction? Share your thoughts below! 👇

11/16/2024

Nvidia will report its Q3 earnings after the bell on Wednesday. Here's what is at stake.

11/16/2024

📉 Market Update: Post-Election Rally Fades

The stock market is seeing a pullback today as the Dow, S&P 500, and Nasdaq all slide. Investors are rethinking the possibility of a rate cut after the latest signals from the Federal Reserve. This comes on the heels of a short-lived post-election rally, highlighting ongoing market volatility.

Key Takeaways for Investors:
• Stay vigilant as the market reacts to Fed policy changes.
• Diversification remains crucial in these uncertain times.
• Keep an eye on sectors sensitive to interest rate changes, like tech and real estate.

🔗 Read the full article

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.

11/15/2024

📊 Top Gainers & Losers - November 15th 📊

🚀 Top Gainers:
• Bloom Energy Corporation (BE): +59.19% 🔥
• Simple Ltd (SPPL): +43.17% 💡
• Intuitive Machines (LUNR): +21.41% 🚀
• Compass Minerals (CMP): +21.25% 🧂
• IonQ Inc (IONQ): +11.39% ⚛️ (Quantum resilience anyone?)

💥 Top Losers:
• Quantum Computing Inc (QUBT): -29.55% 🧩
• Color Star Technology (ADD): -27.16% 🎨
• Mullen Automotive (MULN): -26.36% 🚘
• Oklo Inc (OKLO): -24.26% 🌱
• Spirit Airlines (SAVE): -59.23% ✈️ (Is it time to ditch those Spirit points?)

Quantum Computing stocks went to s**t.