"IEA Forecasts Oil Prices Could Plunge to $25 per Barrel by 2050"

🌟 Featured Story: Market Movers This Week

This week has been quite eventful for investors, marked by significant stock fluctuations. Notable performers have surged due to robust earnings and promising news about upcoming product launches. Analysts are boosting their price targets for these stocks, particularly in the tech sector, indicating strong buy recommendations.

For traders, tracking these market movements is crucial. Whether aiming for quick gains or planning long-term investments, staying informed about the factors influencing these stocks can enhance your trading strategy and offer a competitive advantage.

Daily News for Curious Minds

Be the smartest person in the room by reading 1440! Dive into 1440, where 4 million Americans find their daily, fact-based news fix. We navigate through 100+ sources to deliver a comprehensive roundup from every corner of the internet – politics, global events, business, and culture, all in a quick, 5-minute newsletter. It's completely free and devoid of bias or political influence, ensuring you get the facts straight. Subscribe to 1440 today.

Sign up now!

📊 Top Trading Strategies

Whether you’re a seasoned trader or just starting, having the right strategies in your toolkit can make all the difference. Here are the top trading strategies you should consider implementing this week:

1. Short Selling :

This strategy involves borrowing shares of a stock and selling them with the expectation that the price will decline. Traders then buy back the shares at a lower price to return to the lender, profiting from the difference.

2. Risk Parity:

This portfolio construction strategy seeks to allocate capital based on the risk contribution of each asset rather than its nominal value. It aims to balance risk across different assets to achieve more stable returns.

3. Quantitative Easing Plays:

Traders analyze the effects of monetary policy changes, such as quantitative easing, on asset prices. They look for sectors or stocks that are likely to benefit from increased liquidity in the market.

4. High-Frequency Trading (HFT):

This involves using algorithms and high-speed data networks to execute trades in fractions of a second. HFT strategies often exploit small price inefficiencies and rely on speed and volume.

💡 Expert Insights

Tech stocks are nearing their first record high since July, with the Nasdaq Composite just 2% away, marking a recovery from a tough summer when the sector underperformed. Although tech is rebounding, it no longer dominates the market as it once did.

As retail investors become more sophisticated, Robinhood has introduced new advanced trading tools, including futures and index options, along with a web-based platform called Robinhood Legend. This move aims to support the evolving needs of everyday traders looking to enhance their strategies.

🚀 Hot Stocks to Watch

Netflix, Inc. (NFLX): A Netflix is prioritizing its advertising business as it shifts focus from subscriber growth to profit, adding over five million paid subscribers in Q3 2024, exceeding expectations. Despite a 40% year-over-year decline in new subscribers, the company reported a 15% revenue increase to $9.8 billion and a 40% rise in net income.

Ferrari N.V. (RACE)): Ferrari has unveiled the F80, its first hypercar in 11 years, featuring a hybrid V6 turbo engine and three electric motors, producing nearly 1,200 hp. Priced at $3.9 million with only 799 units made, the F80 is expected to significantly boost Ferrari's revenue, with all units already sold.

Intuitive Surgical, Inc. (ISRG)): Intuitive Surgical held its Q3 2024 earnings call, where executives discussed financial results and the company's ongoing search for a new executive following Brian King's departure. The call included forward-looking statements about potential risks, with the company emphasizing its financial filings for investor transparency.

NuZee, Inc. (NUZE): NUZEE, INC. has relocated its U.S. operations from California to Florida and opened new offices in Singapore, Hong Kong, and Mainland China to expand its global presence. The company’s CEO, Jianshuang Wang, aims to implement a long-term strategic approach to enhance performance and shareholder value following the departure of former co-CEO Randy Weaver.

Taiwan Semiconductor Manufacturing Company Limited (TSM:  TSMC's shares soared to a record high after the company reported a 54% increase in quarterly profit, driven by strong demand for AI technology. However, concerns arose over a potential U.S. investigation regarding its dealings with Huawei, prompting TSMC to reaffirm its commitment to compliance with export regulations..

🔔 Alerts & Updates

This week, several key stock market developments and updates are catching investors' attention:

1.  Investors are awaiting the September retail sales report, set for release at 8:30 a.m. ET, with expectations of a 0.3% increase, up from 0.1% in August. This data is crucial amid discussions about the U.S. economy potentially reaccelerating after a strong jobs report. Bank of America economists believe the report could reinforce a "no landing" scenario, where growth remains strong without significant inflation declines. They suggest that this outlook could be bullish for stocks, as long as inflation remains stable, favoring cyclicals over defensives in the market.

2. The International Energy Agency (IEA) predicts that if net zero emissions goals are met, oil prices could plummet to $25 per barrel by 2050 due to a shift towards clean energy technologies. The report suggests that clean energy will meet nearly all growth in energy demand from 2023 to 2035, causing a peak in fossil fuel demand before 2030. While oil prices are expected to rise to about $79 per barrel in 2030, achieving net zero could lead to significant long-term reductions.

3. Netflix is expected to announce its fiscal third quarter earnings soon, with analysts anticipating potential price hikes for its subscription plans. The last increases occurred in early 2022, but the ad-supported tier has remained unchanged at $6.99. Citi analyst Jason Bazinet suggests a possible 12% price increase in 2025, given Netflix's cost efficiency. As U.S. consumers average four streaming subscriptions costing around $61 monthly, maintaining subscriber loyalty remains a challenge for the company.

It’s a wrap!

Stay informed, stay profitable. Happy trading! 💹