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Market Update: Fed Rate Cuts, Airline Safety Boosts, and Key Stock Insights 🚀

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AI's NEXT Magnificent Seven

The Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years. $1,000 in each turned into $1.18 million! But the Man Who Called Nvidia at $1.10 Says "AI's Next Magnificent Seven Could Do It Even Faster." He says $1,000 in these seven stocks could turn into $1 million+ in less than six years. The first company on his list just signed a MAJOR deal with Apple, and its tech is going to be included in the iPhone and iMac until 2040! See his breakdown of the seven stocks you should own.

Recent Headlines

Fed Cuts Rates Again but Signals Slower Future Reductions (5 minute read)
The Federal Reserve has lowered its key interest rate by a quarter-point, marking the third reduction this year. However, they signaled that future cuts will be slower, projecting only two more in 2025. This cautious approach comes as inflation remains above target, complicating the outlook for consumers and the economy.


FAA Clears Southwest Airlines After Safety Review (1 minute read)
The FAA has completed a safety review of Southwest Airlines, initiated after several incidents raised concerns. The review found no significant safety issues, allowing the airline to move forward without major restrictions.


Summit Midstream CEO Sells Shares Amid Market Fluctuations (3 minute read)
Summit Midstream's CEO sold 1,000 shares of the company's stock, raising questions as the stock has seen both highs and lows recently. This sale comes as institutional investors increase their stakes in the company.


Visa Faces Class Action Lawsuit Over Antitrust Allegations (2 minute read)
Visa is embroiled in a class action lawsuit alleging antitrust violations, which has led to a significant drop in its stock price. The lawsuit claims that Visa's practices harm competition and consumers.


Celsius Holdings Under Fire for Financial Disclosure Failures (2 minute read)
Celsius Holdings is facing a class action lawsuit for allegedly failing to disclose key financial information that misled investors. The company's stock plummeted following the announcement of a financial restatement.


Sunrise Realty Trust Chairman Shows Confidence with Major Stock Purchase (3 minute read)
The chairman of Sunrise Realty Trust purchased 39,000 shares of the company, indicating strong confidence in its future prospects. This move comes amid fluctuating stock performance and analyst ratings.


Otter Tail Hits New Low: Is It Time to Sell? (4 minute read)
Otter Tail's stock has hit a new 12-month low, prompting discussions among investors about whether to sell or hold. Analysts are weighing the company's recent performance against its long-term potential.




Technical Analysis Results



Undervalued
DUK
Duke Energy Corporation
Volume: 3.6M shares | Price: $105.76

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 DUK

Duke Energy offers ways South Carolina customers can save energy and money as winter officially begins
This weekend's winter solstice signals the official start of winter. Duke Energy is here to help our customers in South Carolina prepare as we head into winter, so they know the tools available and ways to manage energy use. There is not a one-size-fits-all solution. Depending on each individual customer situation, Duke Energy has programs to help.

Biden Administration Agrees to Record $15 Billion Loan to PG&E
The Energy Department loan would finance the California utility’s efforts to upgrade the power grid and reduce emissions.




Undervalued
XLE
Energy Select Sector SPDR Fund
Volume: 19.0M shares | Price: $84.05

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 XLE

Hyperscalers are turning to renewables to power AI data centers
According to research from the University of California, the amount of power needed for ChatGPT to generate a single 100-word email is 0.14 kilowatt-hours, roughly equivalent to running 14 LED lightbulbs for an hour. Angie Gildea, KPMG U.S. Energy Leader, tells Catalysts Hosts Seana Smith and Madison Mills that both hyperscalers and energy providers are exploring renewables like wind and solar to fulfill the robust demand generated by AI data centers. "There's about 8,000 data centers worldwide today, and that number is growing every day." Tech companies are “willing to pay extra, additional money to get that renewable power,” Gildea says. “But speed to market is also important, and they need to have reliability, and they need to have redundancy.” And while Meta (META) is renewing its call for a nuclear partner to expand its capabilities in the 2030s, KPMG found that just 16% of hyperscalers are doing the same. According to Gildea, “there's also some uncertainties around nuclear, particularly as it relates to public perception, some regulatory permitting challenges, and it does take several years to get those nuclear facilities up online.” To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Kayla Hawkins.

Trump Election Win Puts Energy ETFs in the Spotlight
The promotion of domestic energy production could lower energy prices and pinch producers.




Undervalued
NUE
Nucor Corporation
Volume: 2.5M shares | Price: $117.96

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 NUE

Jim Cramer: Nucor’s (NUE) Steel Problem Could Signal Bigger Issues Ahead
We recently published a list of the Jim Cramer Just Discussed These 13 Stocks. In this article, we are going to take a look at where Nucor Corporation (NYSE:NUE) stands against other stocks that Jim Cramer discussed recently. As the Federal Reserve exits the year by having continued its interest rate cuts, Wall Street is […]





Undervalued
PFG
Principal Financial Group, Inc.
Volume: 1.6M shares | Price: $74.91

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 PFG


Principal® Recognized in Pensions & Investments’ Best Place to Work in Money Management for 13th Consecutive Year
DES MOINES, Iowa, December 09, 2024--Principal Asset Management℠, the investment management unit of Principal Financial Group®, announced today Pensions & Investments named the firm 2024 Best Place to Work in Money Management. This is the 13th consecutive year Principal has been recognized as a best place to work in the "largest employers" category, earning the recognition every year since the program’s inception.




Undervalued
PNW
Pinnacle West Capital Corporation
Volume: 1.2M shares | Price: $84.03

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 PNW

S&P 500 Snaps Weekly Winning Streak as Materials, Utilities Weigh
The Standard & Poor's 500 index slipped 0.6% for its first weekly drop since mid-November. The m

Pinnacle West and APS Announce Leadership Succession
PHOENIX, December 12, 2024--Pinnacle West Capital Corp. Chairman and CEO Jeff Guldner will retire on March 31, 2025. APS President Ted Geisler has been tapped as his successor.




Undervalued
AIT
Applied Industrial Technologies, Inc.
Volume: 381.9K shares | Price: $244.46

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 AIT

Zacks.com featured highlights The Gap, Cardinal Health, Applied Industrial, Jones Lang LaSalle and United Airlines
The Gap, Cardinal Health, Applied Industrial, Jones Lang LaSalle and United Airlines have been highlighted in this Screen of The Week article.

4 Industrial Stocks Poised to Continue Their Winning Streak in 2025
Despite weakness in the manufacturing sector, recovery in the demand environment, with an improvement in the supply chain, augurs well for the industrial sector heading into 2025. ZBRA, RBC, AIT and POWL are likely to continue their momentum.




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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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