• The Daily Trade
  • Posts
  • Bitcoin Surges Past $100K: Market Insights & Key Stock Updates 🚀

Bitcoin Surges Past $100K: Market Insights & Key Stock Updates 🚀

In partnership with

This Smart Home Company Has $10 Million in Revenue and Just Doubled Its Monthly Growth

Smart home technology is booming, and RYSE is at the forefront. With 10 fully granted patents, a successful Amazon court ruling protecting their tech, and over $10 million in total revenue, RYSE is growing faster than ever—200% month-over-month, to be exact.

RYSE transforms regular window blinds into automated, voice-controlled systems, offering homeowners an easy and affordable way to modernize their homes. Already distributed in 127 Best Buy locations, RYSE is preparing for international expansion and partnerships with retail giants like Home Depot and Lowe’s.

Now, you can invest in RYSE for just $1.75 per share and be part of the future of smart living.

Recent Headlines

Bitcoin Hits $100,000: What This Means for Crypto Enthusiasts (6 minute read)
Bitcoin Depot celebrates Bitcoin's recent surge past $100,000, reflecting increasing global confidence in the cryptocurrency. This milestone highlights the growing demand for accessible crypto solutions, especially with the approval of Bitcoin spot ETFs and rising institutional adoption.


Meta's Generous Cash Dividend: What You Need to Know (1 minute read)
Meta Platforms has declared a quarterly cash dividend of $0.50 per share, which will be payable to shareholders later this month. This move demonstrates Meta's commitment to returning value to its investors amid ongoing business developments.


Chevron's Cost-Cutting Strategy: $1.5 Billion in Charges Ahead (2 minute read)
Chevron announced it will incur up to $1.5 billion in charges this fourth quarter related to restructuring and asset sales. The company aims to cut costs significantly as it faces a year-long profit slide, reflecting broader trends in the oil industry.


WEC Energy Group Plans a Dividend Increase: What Investors Should Know (5 minute read)
WEC Energy Group is set to increase its quarterly dividend by 6.9% in 2025, a sign of its financial strength. The company also provided earnings guidance that suggests solid growth, aligning with its long-term objectives.


Manhattan Associates Upgraded to 'Buy': A Positive Outlook Ahead (4 minute read)
Manhattan Associates has been upgraded to a 'Buy' by Zacks due to a positive shift in earnings estimates. This indicates potential stock price increases, making it an attractive option for investors looking for growth.


Rocket Lab's Stock Soars: Is Now the Time to Invest? (4 minute read)
Rocket Lab's stock has surged 280% this quarter, positioning it as a leading player in the aerospace sector. With significant contracts and upcoming launches, the company is attracting considerable attention from retail investors.


Lennar and Base Power Team Up for Battery-Powered Homes (4 minute read)
Lennar is partnering with Base Power to provide homeowners in Texas with battery backup systems, enhancing energy reliability. This innovative approach aims to improve grid stability and protect homes from outages, reflecting a growing trend in energy solutions.




Technical Analysis Results



Overvalued
VUG
Vanguard Growth ETF
Volume: 1.1M shares | Price: $420.41

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Sell
STOCH
Hold

Recent Mentions of VUG

Expect More ETF Investment in Next 6 Months: etf.com Survey
Both investors and financial advisors intend to add more ETFs to their portfolios, the latest etf.com Global Investor Survey found.

How to play tech amid recent volatility
As the Nasdaq (^IXIC) is down the most out of the three major indexes (^DJI,^GSPC), investors may be wondering if now is the time to buy on the dip. Jason Browne, Alexis Investment Partners president, joins Julie Hyman and Josh Lipton on Market Domination to discuss how recent volatility could be an opportunity to buy into tech. “We have a lot of negative news hitting simultaneous[ly] to the pullback. If we can look at those as opportunities to add to things that we may have missed out on or maybe underweight in that tends to work out well over time. The other thing to note is with tech, particularly [when] we're going into an environment that potentially is going to be continued growth but slower growth. Then names with very attractive balance sheets that are more consistent earners or earnings growers and so forth. They tend to be a place that people flock to,” Browne tells the Market Domination team. He adds, “We are seeing this last couple of months consolidation period in this very strong uptrend, as overall a positive thing. We had lightened up on growth leading into this mostly because of wanting, like many, to take advantage of the broadening leadership associated with a more sustained rally. But we've been buying the dip in tech periodically in each of these pullbacks.” The portfolio manager mentions Alexis Investment Partners “used more indirect exposure than direct buying,” with exchange-traded funds (ETFs) “that have significant weighting to these names.” He names iShares Global 100 ETF (IOO.MX) and Vanguard Growth ETF (VUG) as ways to play tech. Browne notes that the ETFs were "within the context of also adding to things like" [real estate investment trusts] REITs and the equal-weight S&P 500 (^SPXEW). "I was kind of buying the dip today in general, but I specifically did make sure to incorporate some of these broadly diversified funds that are heavily weighted to large-cap tech as a big chunk.” Browne also has focused on "standouts within leading sectors." He says "Within technology, we own, as you might imagine, Apple (AAPL), Google (GOOG, GOOGL), Nvidia (NVDA), Microsoft (MSFT), in addition to owning a semiconductor ETF." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.




Overvalued
TS
Tenaris S. A.
Volume: 1.7M shares | Price: $39.05

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Hold
STOCH
Sell

Recent Mentions of TS

Tenaris Advances USD 700 Million Share Buyback Initiative
Tenaris SA (TS) has released an update. Tenaris S.A. has actively repurchased over 7 million ordinary shares for approximately USD 138.5 million as part of its USD 700 million Share Buyback Program, further solidifying its position in the market. As of November 29, 2024, the company holds 5.87% of its total issued share capital in treasury shares. This strategic move underscores Tenaris’s commitment to enhancing shareholder value amidst fluctuating market conditions. For further insights into TS

Top Dividend Stocks To Consider In December 2024
As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 reaching record highs, investors are navigating a landscape influenced by geopolitical developments and domestic policy shifts. In this environment, dividend stocks can offer stability and income potential, making them an attractive option for those looking to capitalize on consistent returns amidst market volatility.




Overvalued
SOUN
SoundHound AI, Inc. Class A Common Stock
Volume: 191.9M shares | Price: $13.33

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Sell
STOCH
Hold

Recent Mentions of SOUN

SoundHound, A Top 1% Stock, Just Catapulted After Inking A 'Damn Good' Deal
SoundHound stock skyrocketed Thursday after the company inked a deal with Torchy's Tacos to use its voice AI technology.

Torchy’s Tacos Debuts SoundHound’s Voice AI Phone Ordering Across All Locations
SANTA CLARA, Calif., December 05, 2024--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, and Torchy’s Tacos, the cult-favorite taco chain known for its "Damn Good Tacos," have announced the rollout of SoundHound’s advanced voice AI Smart Ordering product, now live at all 130 Torchy’s locations.




Overvalued
NVTS
Navitas Semiconductor Corporation Common Stock
Volume: 15.0M shares | Price: $3.77

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Hold
STOCH
Sell

Recent Mentions of NVTS

Navitas Showcases Breakthroughs in GaN and SiC Technologies for AI Data Centers, EVs, and Mobile Applications at CES 2025
TORRANCE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced it will showcase several breakthroughs for AI data centers, EVs, and mobile technology at CES 2025 (Tech West, Venetian suite 29-335, January 7th - 10th). Navitas was recently acknowledged as the Top 500 fastest-growing technology company,

Navitas Semiconductor Appoints Dr. Ranbir Singh to Board of Directors
TORRANCE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation, power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, today announced that Dr. Ranbir Singh, formerly Executive Vice President at Navitas and the founder and CEO of GeneSiC Semiconductor, has been appointed to Navitas’ board of directors. “We are pleased to welcome Ranbir to the board of directors,” said G




Overvalued
ORIS
Oriental Rise Holdings Limited Ordinary Shares
Volume: 5.4M shares | Price: $56.01

30 Day Performance
30-Day Price History

Technical Indicator Score: 88% Sell
Out of the 8 technical indicators that were used to analyze this stock, 7 indicated sell signals, 1 indicated a neutral signal.
RSI
Sell
MFI
Sell
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Sell
ULTOSC
Sell
STOCH
Hold

Recent Mentions of ORIS

Oriental Rise Holding Limited Announces Full Exercise of Underwriter’s Over-Allotment Option
Ningde, China, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Oriental Rise Holding Limited (“Oriental Rise” or the "Company") (NasdaqCM: ORIS), an integrated supplier of tea products in mainland China, today announced US Tiger Securities, Inc. (“US Tiger”), who acted as the underwriter and sole book-runner of the Company's underwritten initial public offering ("IPO"), has exercised the full over-allotment option and purchased an additional 262,500 ordinary shares of the Company at the IPO price of $4.00 per

Oriental Rise Holding Limited Announces Closing of Initial Public Offering
Ningde, China, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Oriental Rise Holding Limited (“Oriental Rise” or the "Company") (NasdaqCM: ORIS), an integrated supplier of tea products in mainland China, today announced the closing of its initial public offering (the "Offering") of 1,750,000 ordinary shares at a public offering price of $4 per share. The ordinary shares began trading on Nasdaq Capital Market under the ticker symbol “ORIS” on October 17, 2024. The Company received aggregate gross proceeds of $




Overvalued
SONY
Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock)
Volume: 3.1M shares | Price: $20.90

30 Day Performance
30-Day Price History

Technical Indicator Score: 75% Sell
Out of the 8 technical indicators that were used to analyze this stock, 6 indicated sell signals, 2 indicated neutral signals.
RSI
Sell
MFI
Hold
WillR
Sell
AO
Sell
CCI
Sell
BBANDS
Hold
ULTOSC
Sell
STOCH
Sell

Recent Mentions of SONY

Sony Corporation (SONY) Hit a 52 Week High, Can the Run Continue?
Sony (SONY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.




We want to hear from YOU!

Technical indicator analysis feedback request

Your feedback is important to us. We’re always looking for ways to improve and would love to hear your thoughts on how we can make this newsletter even better for you. Whether you have suggestions, ideas, or just want to share what you enjoy most, we’re all ears.

Simply reply to this email with your thoughts. Every comment helps us serve you better.

Thank you for being a valued reader.

How would you rate today's newsletter?

If there's anything I can do better, please let me know so I can make improvements!

Login or Subscribe to participate in polls.

Technical Indicator Information

Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30

Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20

Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80

Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75

Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal

Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20

Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100

Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band

Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price

Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0

Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30

Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI

Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25

Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.

Disclaimers

The information in our newsletter is not intended to constitute investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described will be profitable. We strongly advise you to discuss your investment options with your financial advisor prior to making any investments, including whether any investment is suitable for your specific needs.

Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The analysis provided in this newsletter is based on the prior trading day’s closing prices and may not reflect after-hours trading, earnings announcements, or other significant market events that occur outside regular trading hours. As such, any data or commentary may not fully capture the latest market movements or emerging factors. For the most current and comprehensive view, please consider additional sources or consult with a qualified financial professional.

The information provided in our newsletter is private, privileged, and confidential information, licensed for your sole individual use as a subscriber. We reserve all rights to the content of this newsletter. Forwarding, copying, disseminating, or distributing this newsletter in whole or in part, including substantial quotation of any portion the publication or any release of specific investment recommendations, is strictly prohibited.