Schaeffer's Top Stock Picks for '25

Dow Up Triple Digits; S&P 500 Eyes 4th-Straight Gain

Tech titans NVDA, GOOGL are struggling in particular today

Digital Content Manager
Nov 21, 2024 at 12:17 PM
facebook X logo linkedin


The Dow Jones Industrial Average (DJI) is sporting a triple-digit lead this afternoon, as traders unpack Nvidia's (NVDA) better-than-expected quarter and volatile post-earnings response. The S&P 500 Index (SPX) is also sporting a midday lead and pacing for a fourth-straight gain, while the Nasdaq Composite (IXIC) is firmly in the red. Tech stocks are taking cues from NVDA, amid a rotation into bank stocks and sectors poised to benefit from a strong economy. 

Continue reading for more on today's market, including: 

MMC Stats 1121

BP plc (NYSE:BP) stock is getting attention in the options pits today, with 41,000 calls and 37,000 puts exchanged so far, which is eight times the volume typically seen at this point. Most active is the February 30 call, where new positions are being bought to open. BP was last up 0.8% to trade at $29.32, with oil prices rising after Ukraine claimed Russia launched an intercontinental ballistic missile. Shares still carry a 17.3% year-to-date deficit, and are once again attempting to conquer the $30 level after a failed attempt earlier this week.

Shares of Deere & Co (NYSE:DE) stock are near the top of the SPX today, up 6.8% to trade at a 5-week high of $432.66 at last check. The machinery company reported a profit and revenue beat for the fiscal fourth quarter, which is helping it brush off a dismal 2025 profit forecast due to slowing demand. DE has added 20.8% in the last nine months and is pacing for its best single-day percentage gain since February 2023. 

DE Intraday

 
Alphabet Inc (NASDAQ:GOOGL) is leading the SPX lower today, down 6.2% to trade at a new 52-week low of $165.08. Today's bear gap comes after the U.S. Department of Justice proposed the breakup of the tech company's search business Google Chrome in an antitrust case. The stock is now eyeing its worst single-day percentage drop since January but still sports an 18.2% year-to-date lead. 

Getting Started With Options:
OPTIONS BASICS

Are you ready to start learning about options, and how to use them for faster profits? Our FREE GUIDE breaks down basic options trading concepts and vocabulary, how options derive their value, advantages and disadvantages, trading mechanics, and more!


 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter