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  • Market Moves: Congress Targets China Investments, PG&E's Loan Controversy, and Key Stock Updates 🚀

Market Moves: Congress Targets China Investments, PG&E's Loan Controversy, and Key Stock Updates 🚀

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Recent Headlines

Congress Moves to Tighten Investment Rules in China (2 minute read)
In the coming days, Congress is expected to vote on legislation that would impose new restrictions on U.S. investments in China, particularly in tech sectors deemed sensitive to national security. This follows recent Treasury rules aimed at limiting investments that could bolster China's military capabilities.


California Resources Co. Sees Short Interest Drop (6 minute read)
California Resources Co. (NYSE:CRC) reported an 11.5% decline in short interest for November, suggesting a shift in investor confidence. The company has also received positive ratings from multiple analysts, reflecting a favorable outlook.


PG&E's $15 Billion Loan: Savings or Higher Bills? (5 minute read)
PG&E has secured a $15 billion federal loan guarantee to modernize its infrastructure, promising potential savings for customers. However, advocacy groups caution that this could lead to higher bills in the long run, prompting concerns about the financial implications for ratepayers.


Mondelēz Partners with AWS for Digital Growth (3 minute read)
Mondelēz International has chosen Amazon Web Services as its strategic cloud provider to enhance digital innovation and operational efficiency. This partnership aims to leverage AWS's capabilities to support Mondelēz's growth strategy and sustainability efforts.


Short Interest in Altus Power Grows by 7.6% (4 minute read)
Altus Power, Inc. (NYSE:AMPS) has seen a 7.6% increase in short interest, indicating a rise in bearish sentiment among investors. This follows various changes in holdings by large investors, reflecting a dynamic market environment for the company.


Fulton Financial Boosts Dividend by Nearly 6% (2 minute read)
Fulton Financial Corporation has declared a quarterly dividend of $0.18 per share, marking a 5.9% increase from the previous dividend. This decision underscores the company's ongoing commitment to delivering value to its shareholders.


Amazon Expands Investment in Ohio Data Centers (2 minute read)
Amazon Web Services has announced an additional $10 billion investment in Ohio, raising its total commitment to over $23 billion by 2029. This expansion aims to enhance AWS's data center capabilities and support its growing cloud computing operations.




Technical Analysis Results



Undervalued
CI
The Cigna Group
Volume: 4.2M shares | Price: $265.59

30 Day Performance
30-Day Price History

Technical Indicator Score: 100% Buy
Out of the 8 technical indicators that were used to analyze this stock, 8 indicated buy signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Buy

Recent Mentions of CI

Applovin is a new 'hidden AI play' in this strategist's bull case
On today's installment of Good Buy or Goodbye, ER Shares COO and Chief Investment Strategist Eva Ados joins Market Domination host Julie Hyman to discuss two of the strategist's latest stock trades. First, Ados likes Applovin's (APP) EBITDA margins and is bullish on the mobile app's platform revenue growth: "It's by far the biggest in this category. And the result of it is that app developers are now able to use AI through Applovin to better market their apps, to optimize their their ad campaigns, and to specifically target the right user. That's the only company that offers that. So what's important with this? It's unlike any other AI play, this is an AI play that most people haven't realized that... it's a hidden AI play." Health insurance provider Cigna Group (CI) is Ados' goodbye stock as President-elect Donald Trump recently commented he hopes to "knock out the middleman" when it comes to pharmacy benefit managers (PBMs). "It's hidden through subsidiaries. So it's not that the companies itself are PBMs, but they own other companies inside them that even so, sometimes it's hard for analysts to notice the effect that this... targeting will have to the company overall," Ados explains. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.

Health Insurers Fall as Pfizer CEO Says Trump Wants PBM Reform
(Bloomberg) -- Shares of pharmacy benefit managers extended losses Tuesday after Pfizer Inc. Chief Executive Officer Albert Bourla said President-elect Donald Trump is “very committed” to reforming drug-industry middlemen. Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearBourla’s remarks, following comments from Trump Monday and continued criticism from members of Congress,




Undervalued
CVS
CVS HEALTH CORPORATION
Volume: 27.9M shares | Price: $44.04

30 Day Performance
30-Day Price History

Technical Indicator Score: 100% Buy
Out of the 8 technical indicators that were used to analyze this stock, 8 indicated buy signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Buy

Recent Mentions of CVS

Trump pledges to 'knock out' middleman, health insurer stocks react
Health insurance providers, including CVS Health (CVS), Cigna (CI), and UnitedHealth (UNH), are under pressure following comments from President-elect Donald Trump. “We're going to knock out the middleman,” Trump said at a press conference on Monday, referring to pharmacy benefit managers (PBM) that negotiate drug prices between the manufacturer and the pharmacy. He added, “We're going to get drug costs down at levels that nobody has ever seen before.” Catalysts Co-hosts Seana Smith and Madison Mills take a closer look at the market moves and the president-elect’s comments. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

The three-year shareholder returns and company earnings persist lower as CVS Health (NYSE:CVS) stock falls a further 17% in past week
As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio...




Undervalued
STLD
Steel Dynamics Inc
Volume: 1.5M shares | Price: $118.58

30 Day Performance
30-Day Price History

Technical Indicator Score: 100% Buy
Out of the 8 technical indicators that were used to analyze this stock, 8 indicated buy signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Buy

Recent Mentions of STLD

Steel Dynamics Expects Lower Q4 Earnings Amid Pricing Pressures
Earnings from STLD's steel operations are likely to be significantly lower in the fourth quarter of 2024

Nucor, Steel Dynamics Issue Fourth-Quarter Earnings Outlooks Below Analyst Estimates
Shares of Nucor (NUE) and Steel Dynamics (STLD) were mixed early Tuesday after the steel production




Undervalued
HDV
iShares Core High Dividend ETF
Volume: 547.3K shares | Price: $113.50

30 Day Performance
30-Day Price History

Technical Indicator Score: 100% Buy
Out of the 8 technical indicators that were used to analyze this stock, 8 indicated buy signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Buy

Recent Mentions of HDV

HDV vs. SCHD: Which Is the Better Dividend ETF?
The iShares Core High Dividend ETF (NYSEARCA:HDV) and the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) are two popular dividend ETFs from blue-chip sponsors. Both are cost-effective options with low expense ratios, feature portfolios of well-known dividend stocks, and have dividend yields ranging from 3.5% to 3.7%. In this article, we’ll go over what separates these ETFs and which is the better choice for dividend investors. What Is the HDV ETF’s Strategy? According to iShares, HDV invests in

High Dividend ETF (HDV) Hits a New 52-Week High
This high dividend ETF hits a new 52-week high. Are more gains in store for this ETF?




Undervalued
IXC
iShares Global Energy ETF
Volume: 2.8M shares | Price: $38.05

30 Day Performance
30-Day Price History

Technical Indicator Score: 100% Buy
Out of the 8 technical indicators that were used to analyze this stock, 8 indicated buy signals.
RSI
Buy
MFI
Buy
WillR
Buy
AO
Buy
CCI
Buy
BBANDS
Buy
ULTOSC
Buy
STOCH
Buy

Recent Mentions of IXC




Undervalued
WM
Waste Management, Inc.
Volume: 3.0M shares | Price: $209.00

30 Day Performance
30-Day Price History

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

Recent Mentions of WM

Waste Management (WM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Waste Management (WM) reachead $209 at the closing of the latest trading day, reflecting a -1.25% change compared to its last close.

WM Announces 10% Dividend Rate Increase for 2025
HOUSTON, December 16, 2024--WM (NYSE: WM) today announced that its Board of Directors has approved a 10.0% increase in the planned quarterly dividend rate for 2025, from $0.75 to $0.825 per share. This increase brings the annual dividend rate to $3.30 per share, up from $3.00, and marks the company’s twenty-second consecutive year of dividend increases.




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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.

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