In partnership with |  |
|
|
Programming note | We’re shaking things up a bit next week. | Monday - Best stocks of 2024 Tuesday - Worst stocks of 2024 Wednesday - Spend time with your family, degen Thursday - Five stocks to watch for 2025 Friday - Best alts investments from 2024
| Enjoy! |
|
|
Outsmart the market with Alpha Picks |
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 |
|
Markets plunged yesterday after the Fed signaled fewer rate cuts for 2025. |
The S&P 500 tumbled 3%, the Dow dropped 2.6%, and the Nasdaq collapsed 3.6%. The 10-year Treasury yield jumped to 4.5% from 4.4%.
|
Jerome Powell clarified that the Federal Reserve cannot hold Bitcoin and isn’t seeking to change that policy. |
The Supreme Court agreed to hear South Carolina's effort to disqualify Planned Parenthood. |
The US Supreme Court agreed to hear TikTok’s appeal against a potential ban over First Amendment claims. |
|
👫 Training Day |
Every week, we embrace our civic duty to educate and entertain you. |
Check out our series on How to Invest in Short-Term Rentals this week. You’ll learn: |
|
Enjoy! |
🧠 Make yourself heard |
Am I the only one who thinks the Fed should hike rates, actually? |
|
📊 Ideas, trends, and analysis |
 | Meh, this is less interesting than I thought it would be |
|
Bunker sales are rising globally, driven by nuclear fears, despite experts warning they offer limited protection. |
|
😱 Fear and Greed Index |
|
|
📊 Winners and losers |
|
|
Earnings, upgrades, and acquisitions |
Accenture traded down after multiple analysts raised price targets; shares slipped 0.2%. CarMax tumbled below key support ahead of Q3 earnings and shares fell 1%. Conagra projected a revenue decline in Q2, with earnings expected to drop as shares retreated 0.73%. FedEx maintained its Buy rating ahead of Q2 results, with shares dropping 1.54%. Nike appointed Elliott Hill as CEO with declining revenue; shares drifted 0.8%.
|
Market movers |
GitHub launched a free version of Copilot as the user base reached 150 million. Apple canceled plans for an iPhone subscription service. California's EV mandate received EPA approval. Bluesky reached 25 million users and received a $1 million independent fund to develop its platform. Steward Health laid off 848 employees at its Pennsylvania hospital. Ring Therapeutics cut 50% of staff in its second round of layoffs this year.
|
    |
|
🌍 Global Perspectives | | 🇨🇳 Chinese migrants seeking to escape economic hardship and political pressure attempted dangerous boat journeys. 🇹🇳 At least 20 African migrants died after their boat sank off Tunisia's coast. 🇫🇷 Former President Nicolas Sarkozy must wear an electronic monitoring bracelet for a year. 🇵🇭 A Filipina who spent 15 years on death row returned home to serve her life sentence in the Philippines. 🇩🇪 Chancellor Olaf Scholz lost a confidence vote in parliament.
|
|
|
|
📊 Crypto | | Bitcoin tumbled 5.3% after Fed officials urged caution on rate cuts. Hong Kong approved four new crypto trading platform licenses. Senator Lummis drafted a bill for Treasury to buy 1 million BTC over five years.
| |
|
|
We put your money to work |
|
Betterment’s financial experts and automated investing technology are working behind the scenes to make your money hustle while you do whatever you want. |
Learn more |
|
🎤 What you said last time |
|
What you had to say: |
“Never should've cut this year.” |
🧠 Errata | Two endangered right whales were spotted entangled in fishing gear off Massachusetts. A New York homeowner unearthed a complete mastodon jaw in their lawn. Wild monkeys terrorized three Florida communities. A father-daughter duo discovered the largest marine reptile fossil ever found.
|
|
|
📺 What to Watch Today |
 | Endangered whales found entangled in rope off Massachusetts |
|
|
That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
|
|
|
|
|
