- Stocks Telegraph
- Posts
- 21 Nov - ST - Morning Newsletter (with survey at top and bottom)
21 Nov - ST - Morning Newsletter (with survey at top and bottom)
4 Active Stocks to Watch Today
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!Futures for US stock indices on Monday are noticeably declining, and this trend, depending on the monetary policy of the Federal Reserve System (Fed), may continue after the New Year, according to trading data and analysts' comments.The Dow Jones Industrial Average (DJIA) is down 0.35% to 33657 points, the NASDAQ high-tech index is down 0.66% to 11630.25 points and the S&P 500 broad market index is down 0.57 %, to 3951.5 points.The decline is not yet over, analysts at Goldman Sachs Group Inc. said, and stocks are likely to face further price declines in 2023 as conditions that normally correspond to stock market bottoms have not yet been reached.And according to Ulrich Urban, head of strategy and research at analytics firm Berenberg, everything depends largely on the next inflation report and the Fed's response to it in mid-December.
Virginia Millionaire Warns European Energy Crisis Could Destroy U.S. Economy
Morgan Stanley is warning of an "imminent recession" in Europe. The head of the European Central Bank says it is a "very dark downside scenario."
And one Virginia millionaire who predicted the housing crisis and called the bottom of the COVID market... says this could be devastating to U.S. stocks.
But only if ONE THING doesn't happen.
Sponsored
Today Top Movers
WeTrade Group Inc. (WETG) stock soared 13.79% to $1.32 in the pre-market trading after announcing US$120M agreement with Vmade Tech PTE. LTD for launching operation of WTPay Technology Tools in Singapore.
The Walt Disney Company (NYSE: DIS) shares are trading up 9.35% at $100.38 at the time of writing. The company’s BOD appointed Robert A. Iger as Chief Executive Officer.
Meta Materials Inc. (MMAT) grew over 25.3% at $2.08 in pre-market trading today. The company delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, high-performance, functional materials.
Helbiz Inc. (HLBZ), a Recreational Vehicles company, rose about 10.75% at $0.1968 in pre-market trading Monday. The company recently declared that it has completed the previously announced merger with Wheels Labs, Inc.
Rare Metal Discovery: Tiny Sub-$0.25 Stock Set to Deliver Gains
Smart investors are blowing away Wall Street's so-called experts on clean energy stocks. And with the green-energy revolution in full-swing, the near-term gains could be absolutely life-changing. The timing is dead-on accurate with this sub-US$0.25 stock securing an ultra-rare clean energy resource on North American soil that China doesn't want us to have.
Sponsored
Top Upgrades & Downgrades
Goldman Sachs turned bullish on Canadian Natural Resources Limited (CNQ), upgrading the stock to "Buy" and assigning a $69 price target, representing potential upside of 15.51% from Friday's close.
Restaurant Brands International Inc. (QSR) has won the favor of Morgan Stanley's equity research team. The firm upgraded the shares from Underweight to Equal-Weight and moved their price target to $71, suggesting 6.33% additional upside for the stock.
Comerica Incorporated (CMA) received an upgrade from analysts at Raymond James, who also set their one-year price target on the stock to $85. They changed their rating on CMA to Outperform from Market Perform in a recently issued research note.
Earlier Monday Goldman Sachs reduced its rating on Cenovus Energy Inc. (CVE) stock to Neutral from Buy and assigned the price target to $23.
Loop Capital analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Workday Inc. (WDAY) has been changed to Hold from Buy and the new price target is set at $150.
Analysts at Raymond James downgraded Regions Financial Corporation (RF)'s stock to Market Perform from Outperform Monday.
NEW: Top 11 Stocks for 2023
He found Apple at $1.49… Oracle at $0.51… Amazon at $46.
Marketwatch called him "The Advisor Who Recommended Google Before Anyone Else."
Now, investing legend Louis Navellier is revealing his Top 11 Stocks for 2023.
Sponsored
Latest Insider Activity
Opendoor Technologies Inc. (OPEN) President Low Ah Kee Andrew announced the sale of shares taking place on Nov 16 at $1.92 for some 151,030 shares. The total came to more than $0.29 million.
Snap Inc. (SNAP) General Counsel O'Sullivan Michael J. sold on Nov 16 a total 44,404 shares at $11.16 on average. The insider’s sale generated proceeds of almost $0.5 million.
Intel Corporation (INTC) Director TAN LIP BU declared the purchase of shares taking place on Nov 16 at $29.49 for some 50,000 shares. The transaction amount was around $1.47 million.
Coinbase Global Inc. (COIN) Director Lutke Tobias bought on Nov 15 a total 6,952 shares at $55.00 on average. The purchase cost the insider an estimated $382,360.
Thumbs Up...
When it comes to chart patterns... These three get a huge thumbs up! Because so many chart patterns repeat themselves... Virtually any investor – no matter your level of experience – can learn to recognize them and ultimately take advantage of these trends.
Sponsored
Important Earnings
Top US earnings releases scheduled for today include The J. M. Smucker Company (NYSE: SJM). It will announce its Oct 2022 financial results. The company is expected to report earnings of $2.19 per share from revenues of $2.17B in the three-month period.
Analysts expect Dell Technologies Inc. (NYSE: DELL) to report a net income (adjusted) of $1.6 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Oct 2022 is predicted to come in at $24.58B.
Zoom Video Communications Inc. (ZM), due to announce earnings after the market closes today, is expected to report earnings of $0.84 per share from revenues of $1.1B recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.