Hi All - Happy Saturday and welcome back to Street Tweets from The Street Sheet. 

Are you thinking about switching jobs this year? If so, are you ready for some tough interview questions? How about this one from Goldman Sachs:

“There are three boxes on a table. One contains only apples, one contains only oranges, and one contains both apples and oranges. The boxes are labeled incorrectly. You can pick one fruit from one box, but after that you must correctly label all boxes. How do you do this?”

Reply with your answers and we’ll feature a few next week. Alright, let’s dive in.

Together With ProsperityPub

Overnight "trick" to tune out the market noise

Nate Tucci's using a backtested CBOE strategy to target overnight payouts, every day the market is open. This overlooked market phenomenon could be your shortcut to automatic, end-of-day setups that when things work out close while you sleep. Spend just 2 minutes setting up and spend less time stressing!

Market Review:

Stocks ended Friday on a high note, rebounding after a rocky start to the year. The S&P 500 rose 1.26%, the Dow Jones Industrial Average added 0.8%, and the Nasdaq Composite climbed 1.77%.

Tech stocks led the way, with Nvidia gaining 4.7% and Super Micro Computer surging 10.9% amid optimism around AI-related spending. Microsoft announced an $80 billion investment in AI-enabled data centers for fiscal 2025, boosting energy stocks like Constellation Energy and Vistra.

Despite Friday’s gains, the major indexes still posted losses for the week, failing to achieve the traditional "Santa Claus rally" that typically lifts markets during the holidays. Market experts noted that the recent sell-off appeared more like a consolidation period rather than a sign of severe downturns ahead.

Meanwhile, U.S. Steel shares dropped 6.5% after President Biden moved to block a potential acquisition, and alcohol-related stocks slid following a cancer risk advisory by the U.S. surgeon general.

Market Preview:

On Monday, January 6, factory orders data for November will be released at 10:00 AM ET.

On Tuesday, January 7, Richmond Fed President Tom Barkin will speak at 8:00 AM ET, followed by the release of the U.S. trade deficit data for November at 8:30 AM ET. At 10:00 AM ET, both the ISM services report for December and job openings data for November will be published.

On Wednesday, January 8, the ADP employment report for December is set to be released at 8:15 AM ET, with the minutes of the Federal Reserve’s December FOMC meeting scheduled for 2:00 PM ET, and consumer credit data for December at 3:00 PM ET.

On Thursday, January 9, initial jobless claims for the week ending January 4 will be released at 8:30 AM ET, along with wholesale inventories data for November at 10:00 AM ET.

The week concludes on Friday, January 10, with several major reports at 8:30 AM ET, including the U.S. employment report, the unemployment rate, and data on hourly wages for December, both monthly and year-over-year. Additionally, the preliminary consumer sentiment index for January will be published at 10:00 AM ET.

Chamath Palihapitiya, billionaire and former Facebook executive, had an interesting take on this. Here’s what he said:

This needs to be fixed or it will end in disaster.

Why?

Average Americans buy S&P 500 index ETFs, in part, because Buffett told them to. They were told they would pay very little and get diversification in the 500 best companies on earth to ride out storms.

But as concentrations rise in a very small percentage of those stocks, the risks don’t fall. They rise. If the indices don’t cap the max percentage of any one stock, you essentially are holding a direct bet on that ONE company. In this case, see that when you buy an index of 500 companies, you’re really buying 10 companies with 490 others thrown in.

If there is any market volatility, the lack of diversification could cause massive impairment.

That’s ok if you’re a “professional” and that’s what you are betting on but most ETF buyers aren’t professional stock traders and they will be in for a rude awakening if this isn’t addressed.

Moderna is an interesting pick.

The stock is down 61% over the past year. With that said, Stone Fox Capital from Seeking Alpha calls it a contrarian play and thinks there are a few catalysts on the horizon this year. This tidbit specifically caught our eye:

“Moderna has a promising pipeline with the CMV and Norovirus vaccines in pivotal Phase 3 trials. The mRNA cancer vaccine mRNA-4157, developed with Merck (MRK) might have the most promising upside with biopharma awaiting a key Phase 2 interim readout for the melanoma treatment in Q4 2025/H1 2026.”

Cruise ships got crushed by the Norovirus last year…

Monster continues to amaze me.

Monolithic Power Systems (MPWR), NVIDIA (NVDA), and Intuitive Surgical (ISRG) are next on the list. Click the Tweet above to see the rest.

Together With ProsperityPub

Overnight "trick" to tune out the market noise

Nate Tucci's using a backtested CBOE strategy to target overnight payouts, every day the market is open. This overlooked market phenomenon could be your shortcut to automatic, end-of-day setups that when things work out close while you sleep. Spend just 2 minutes setting up and spend less time stressing!

It DOES feel a bit frothy despite the December pullback, doesn’t it?

We aren’t the only ones that feel it. UBS Global equity strategist Andrew Garthwaite said in a note to clients in mid-December that his team is “cautiously optimistic” about equities in 2025, but warned that six of the seven “preconditions” for a bubble are in place.

Cue the USA chant!

TRIVIA