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

To observers, the post-election market rally is still going strong. It’s been some down days for the Dow, but this week saw the Nasdaq Composite close above 20,000 for the first time ever.

To companies, however, it doesn’t feel that way — or, not to most of them, anyway. For nine consecutive sessions, more S&P 500 stocks have fallen than risen. That might not sound like the biggest deal. But it hasn’t happened in more than two decades. And some experts say it could be an early sign of volatility in 2025.

If nothing else, let this be a reminder to make sure your portfolio is not as overconcentrated as the market. Do as the Street says, not as the Street does.

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Market Review:

Wall Street had a mixed week, with the Dow Jones Industrial Average falling for a seventh consecutive session, its longest losing streak since 2020, dropping 1.8% over the week. The S&P 500 declined 0.6%, ending a three-week winning streak, while the Nasdaq rose 0.3%.

The market's tepid performance was fueled by stubborn inflation data, including November’s CPI and PPI reports.

The healthcare sector was notably weak, with stocks like Cigna and CVS Health hitting fresh 52-week lows. Meanwhile, the tech sector was hit-or-miss. Broadcom surged 24%, hitting a $1 trillion market cap, driven by strong AI revenue growth. Tesla also soared to its IPO highs, while NVIDIA and Meta Platforms saw losses.

Market Preview:

Next week, Wall Street will focus on a series of key economic reports, including the Empire State manufacturing survey and flash PMIs for U.S. services and manufacturing on Monday.

Retail sales data for November, along with industrial production and homebuilder confidence, will be released on Tuesday.

On Wednesday, investors will watch the FOMC’s interest rate decision, followed by a press conference from Fed Chair Powell.

Thursday will bring updates on jobless claims, GDP growth, and housing data.

On Friday, PCE inflation, the Fed’s preferred gauge, will close out the week. This report also includes personal income and spending data. And we’ll also get the final consumer sentiment reading for December.

For reference, the S&P 500 is up just under 28% YTD.

In 2024, the optimal trading strategies are listening to an old woman who seems to know more than she’s supposed to…

…or not listening to an old man who’s supposed to know more than he seems to.

Can’t knock the hustle.

Here I was thinking I was getting creative for writing off my home office…

A bit more illuminating than your average “Trump Bump” headline.

Amid so much ongoing debate over what the second Trump term will actually look like, it feels refreshingly utilitarian to see the potential pros and cons of each scenario laid out so cleanly — and to know the signposts to watch so you can adjust your portfolio accordingly.

Together With Investment Journal

China’s terrifying internet “Master Key” — and the one microcap that could stop it.

Warning: Communist China’s cyberwarfare divisions are “all in” on discovering the apocalyptic “Master Key” to the Internet … and they’re already eyeing the trove of secrets it would unlock. But investors could profit with one little-known company that has developed a powerful solution to counter the threat. Here are seven compelling reasons to consider investing in its stock now.

Read the report.

Buy the dip?

I wonder what my wife will think of this investment…

Not quite on the level of Pelosi or the Inverse Cramer, but hey…

It’s nice to know the robots haven’t taken all our jobs just yet.

TRIVIA