Market Trends & Analysis - NASDAQ shows strong performance, up 23% [1] - Market experienced risk aversion, Bitcoin had a rough week [1] - Goldman Sachs maintains a bullish view, considering it a bull market with an intact primary uptrend [2] - Liquidity is expected to improve, and the economy is projected to accelerate [2] - Momentum statistically is number one up 21% on the year [4] Mag 7 Performance & Rotation - Rotation within the Mag 7 has been sufficient to propel the index higher [3] - Overweighting momentum, growth, quality, value, or shareholder yield factors led to a successful year [4] - Despite individual struggles within the Mag 7, staying invested has been beneficial due to rotation [5][6] - Nvidia and Alphabet are the only Mag 7 names outperforming the S&P year-to-date [14] - The market is becoming more judicious about valuations in tech, favoring companies with reasonable valuations [15] Economic Outlook - The economy is expected to strengthen in some parts, although consumer weakening is still a possibility [8] - Continued large spending is driving the economy [9] - A shakeout of latecomers to the AI and tech trades is considered healthy for more reasonable growth [9] AI & Tech Sector - The AI trade is far from dead, but significant overvaluations exist, primarily in the private market [10] - Alphabet has been a standout performer, with its stock up 11% since Gemini 3 launched [11] - Alphabet's market cap surpassed Microsoft's for the first time in 7 years [11] - The market is focusing on the ROI of AI, with Alphabet demonstrating potential for quick returns [12]

As of Nov. 24, 2025, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Ben ...

Emily You know, clearly crypto is still still a kind of niche part of the market, even if Main Street is adopting it to some extent. Bitcoin is worth the one and two thirds trillion dollars though, so you can't really look away. And it represents animal spirits.You know, I guess your risk aversion pretty well. What do you think about the fact that we've gone from 126 on Bitcoin down to 84 in like a month. Yeah, we would say, Matt.Don't get too sentimental about sentiment. And Bitcoin is the poster child for ...

This article reports metrics in the healthcare sector, aiming at a top-down analysis based on value, quality, and momentum. It may also help analyze sector ETFs such as The Health Care Select Sector SPDR® Fund ETF (Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a ...

BearFotos / Shutterstock.com Quick Read Cisco (CSCO) trades at a trailing P/E of 30 with only 6% earnings growth for a PEG ratio of 5. Cisco’s RSI has stayed above 70 since November 13 indicating overbought conditions. Reddit sentiment on Cisco dropped to 35/100 as investors lock in profits after a 37% annual gain. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to lear ...

Today marks 5 years since the Jot ETF was launched. Since its inception, it is up 69%. Joe sat down, look at that mug right there.Look how happy he is. He sat down with CNBC Pro to talk about the fund's performance and of course his strategy. And you can scan the QR code right on your screen or you can go to cnbc.com/jotpro talks. Either way, be sure to check it out. How I mean, look at that face.Thank you for that. Five years. Congratulations.I can't believe it's been five years. >> It's been five years. T ...

Core Insights - The Baron Asset Fund underperformed for the second consecutive quarter, declining 4.23% in Q3 2025, while the Index gained 2.78% [3] - The underperformance was primarily due to the Fund's underexposure to Momentum, Beta, and Residual Volatility factors, which led the market higher [3] - The Fund's overexposure to Earnings Quality negatively impacted performance as lower quality stocks rallied during the quarter [3] Sector Performance - Stock selection in IT and Communication Services accounted for about three-quarters of the underperformance, with significant declines from Gartner, Inc. and StubHub Holdings, Inc. [4] - Weakness in Consumer Discretionary was broad-based, with notable declines from Choice Hotels International, Inc. and On Holding AG [5] - Financials were hindered by FactSet Research Systems Inc. and Morningstar, Inc., affected by industry-wide concerns regarding AI and a shift in investor focus [7] - Health Care showed solid stock selection, driven by strong performance from IDEXX Laboratories, Inc. [8] Key Contributors - IDEXX Laboratories, Inc. contributed 1.13% to returns, benefiting from improved foot traffic and revenue growth in its Companion Animal segment [9] - Amphenol Corporation gained 1.01% as expectations for data center spending rose, bolstered by a significant acquisition [10] - SpaceX reported substantial growth in its Starlink service and continued advancements in rocket technology [11][12] Key Detractors - Gartner, Inc. detracted 2.31% from performance due to disappointing earnings and decelerating contract value growth [13] - StubHub Holdings, Inc. faced challenges post-IPO, with investments impacting near-term results [16] - Verisk Analytics, Inc. was affected by a conservative outlook and concerns about the property and casualty insurance market [17]

Core Viewpoint - The company has downgraded its outlook on value to negative due to concerns over cost pressures in certain segments, particularly staples, while maintaining a positive stance on growth driven by technology [2][3]. Sector Analysis - Growth is primarily dominated by technology, which continues to show strong profitability and earnings beats, contrasting with value sectors facing cost pressures [2]. - Consumer sentiment is declining, which is expected to negatively impact value sectors [3]. Momentum and Quality - Momentum has been adjusted to neutral, indicating a cautious approach, while quality remains neutral as well [4][6]. - The company has shifted its focus from large-cap stocks to big tech within the large-cap category, reflecting a change in strategy [5]. Economic Outlook - There is a low probability of a recession, with robust consumption despite a weakening labor market [7]. - The primary concern in the market is the scale of AI spending and the uncertainty regarding returns on that investment [8]. AI Investment Concerns - If AI spending decelerates, it could lead to significant market implications, particularly if it becomes reliant on credit markets for capital expenditures [8][9]. - A potential macroeconomic slowdown could coincide with a pullback in AI capital expenditures, which would have negative consequences, although this scenario is not considered the base case [10]. Earnings Performance - Current earnings reports show strong performance, with over 90% of companies reporting nearly 50% growth in earnings and approximately 6.5% growth in sales, indicating good operating leverage in the system [10].

Lyft, Inc. ( LYFT ) reported Q3 '25 earnings last Wednesday, and the stock rose over 12% in the three trading days that followed, rising from $20.08 to $22.04. Management’s tone was overly optimistic, and the word “excited” was used around 9 timesI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with th ...

RT Kaleb Jessee (@ThruThePhog)Most people in crypto are waiting for confidence before they act.But confidence doesn’t create momentum…momentum creates confidence.The next wave of winners are already moving. Momentum isn’t luck. It’s repetition without applause.Everyone’s chasing confidence. The smart ones are chasing motion. ...