Happy Wednesday! The stock market keeps climbing and indexes are hitting record levels, however, according to this Wall Street Titan, the biggest risk isn’t what you might expect. When everyone turns bullish, history shows trouble isn’t far behind. Dive in to explore the data and indicators sounding the alarm.

Also, the saying “Wall Street never sleeps” is quickly becoming a reality, as a major exchange is moving forward with a bold move that will change the way the world trades U.S. stocks. Here’s everything you need to know.

Plus, if you’re looking for a trading edge backed by advanced A.I. forecasting, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Stock Market Outlook: Everyone’s Bullish — And That's A 'Sell' For This Wall Street Titan

According to Bank of America chief investment strategist Michael Hartnett, the biggest risk to the stock market right now isn’t a recession, inflation, or rates — but the fact that almost everyone feels bullish, and the data backs him up.

Investors have piled into stocks and risk assets in record numbers, driving optimism to levels that have historically made some of Wall Street’s most respected and seasoned contrarians uncomfortable.

Click here to see all the data and indicators that are flashing warning signs for the market.

The Rally Everyone's Talking About (Except You)

Watching the market hit record highs while your account stays flat?

Your neighbors are bragging. Your coworkers are cashing in. Even your brother-in-law is winning.

And you're paralyzed.

The S&P keeps climbing. Tech stocks are soaring. But you're terrified of buying at the top, so you wait. And wait. While profits slip through your fingers.

Here's the brutal truth: This window won't stay open forever.

The Fed could pivot overnight. Inflation could spike. Geopolitical chaos could strike. And when it does, the easy money vanishes.

But traders with this STRATEGY? They'll still be standing.

That's what VantagePoint A.I. gives you: the edge the crowd doesn't have.

While they're guessing, you'll know. While they're buying peaks, you'll buy valleys. While they panic, you'll capitalize.

Stop guessing. Start knowing.

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Yesterday: U.S. indexes finished mixed Tuesday, with the S&P 500 and Dow in the red for the third consecutive day, while the Nasdaq managed a slight gain as Wall Street digested a backlog of delayed economic data. Retail sales for October were little changed, in line with expectations. Labor market data was mixed, with the October jobs report showing a loss of 105,000 jobs and the unemployment rate rising to 4.6% — the highest level since September 2021 — while November payrolls rebounded with a gain of 64,000 jobs, topping forecasts. In commodities, oil prices fell more than 2% for a fourth straight session, hitting their lowest levels since January 2021 amid optimism around a potential Russia-Ukraine peace deal. Lastly, November’s CPI data will be released Thursday with expectations calling for CPI to rise 3.1% year-over-year, an uptick from 3% in September.

On Our Radar: No major economic reports are due, so analysts will be watching and listening to several Fed speakers (Waller, Williams, and Bostic) throughout the day. With regards to earnings, all eyes will be on Micron (MU) which will report earnings after the market close today.

Oil prices took center stage yesterday with a fourth consecutive day of losses, and hitting its lowest levels since January 2021. With regards to stocks, Affirm (AFRM) and Circle (CRCL) were some of the biggest winners of the day, while Humana (HUM) and Dillard’s (DDS) tanked. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Tuesday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

The Trillionaire Race: Elon Musk just became the first person to have a net worth of more than $600 billion— surpassing Bezos, Zuckerberg, and Buffett combined. With Tesla climbing, SpaceX eyeing a $1.5 trillion IPO, read on to see how Musk could soon hit the ultimate milestone.

High Stakes: With the January 8 deadline looming, Warner Bros. is advising shareholders to reject Paramount’s bid and stick with Netflix. Here’s everything you need to know in this high stakes battle.

Labor Market Shuffle: U.S. job growth missed expectations in October and barely surpassed expectations in November as unemployment jumped to a 4-year high. See how this shift could shake the Fed’s plans and your portfolio.

SpaceX, Tesla Or Both?: SpaceX could go public as soon as 2026 at a $1.5 trillion valuation, however, investors face a tough choice: bet on Tesla’s growth or ride the rocket with SpaceX — or try to do both. See how investors are navigating this high-stakes choice and the ripple effects it could cause.

Stock Of The Day: Rivian is back in the spotlight and looks to be on the verge of a big move. Read on for all the insights and analysis to help power your portfolio higher.

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On This Day In 1903…

Orville and Wilbur Wright achieved the first successful, sustained, and controlled powered flight at Kitty Hawk, North Carolina. The Wright brothers’ aircraft, the Wright Flyer, managed a 12-second flight covering 120 feet, marking a transformative moment in human history. Kitty Hawk’s windy, remote location provided ideal conditions for testing, and this small sand-dune site became the birthplace of powered flight, paving the way for the aviation industry and forever changing transportation, commerce, and the global economy.

QUOTE OF THE DAY

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.“

— Warren Buffett

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