Stocks Rally on Powell's Dovish Comments 📈

[Image](www.elitetrade.club) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Welcome to the Closing Bell Roundup. Please, feel free to reply to this email and tell us what you think of this new addition to the Elite Trade Club lineup! It's Wednesday, November 30th. I hope you had a great day! Here's what moved the market today: Markets 📈 Stocks rose today after comments from Fed Chair Jerome Powell indicated the central bank is planning a 0.5% rate hike for December, marking a slow-down from the 0.75% increases implemented in previous months. The Nasdaq [+4.4%], S&P 500 [+3.0%], Dow [+2.1%] and small-cap Russell 2K [+2.5%] notched substantial gains on the trading day. Sponsored [Keep Your Eyes on THIS Stock 🚨]( A tiny NASDAQ stock is in the spotlight after landing a breakthrough deal with Walmart. Better yet, this company has posted strong revenue growth this year despite a weak market. Now, the Walmart deal will give it a presence in more than 2,000 stores. It could be the catalyst this stock needs to break out for good, and it's still trading at a great valuation. [Get the Ticker and Details Here]( Today's Market-Moving News 🔎 📉 Job Growth Slows: ADP's monthly employment report showed job growth slowed in November from October's level. 📈 Q3 GDP Revised Higher: Third quarter GDP growth was revised higher to 2.9% from the previously-reported figure of 2.6%. Today's Top Winners and Losers 🔥 Pacific Acquisition Corp [PAFO] $5.41 (-42.8%) Rumor has it that Pacific Acquisition SPAC held a proxy meeting today, and shares fell in anticipation of the news expected to come out of it. Some online chatter speculated that the stock could be setting up to pivot higher if good news comes out of the vote. Appreciate Holdings [SFR] $6.48 (-39.6%) Appreciate Holdings plummeted in its stock market debut after completing its reverse merger with Proptech Investment II SPAC. OncoSec Medical [ONCS ://elitetra.de/L2Ic ] $2.83 (-26.4%) OncoSec Medical announced a $3.5 million public offering of its shares and warrants Wednesday evening, sending shares lower in today's session. The offering will include 1.166 million shares, plus associated warrants, at a price of $3 a share. Xpeng Inc [XPEV] $10.81 (+47.2%) Xpeng's posted better-than-expected Q3 earnings of ¥2.59 per diluted share and beat the Street's ¥2.03 EPS estimate by a wide margin. Biodesix [BDSX] $2.00 (+47.0%) A regulatory filing revealed the Lawrence T. Kennedy Jr. trust has amassed a 12.0% stake in Biodesix, sending shares higher in today's session. Cognition Therapeutics [CGTX] $3.51 (+41.5%) Recent regulatory filings revealed a flurry of insider buying at Cognition Therapeutics yesterday. Three insiders reported they bought tens of thousands of shares of CGTX yesterday, just one day after the company announced upbeat clinical data from a Phase 2 SHIMMER study of its investigational drug CT1812. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, Adam G. -- Elite Trade Club P.S... If you're on the hunt for a new broker, check out our preferred partner, moomoo! You can [get 15 free stocks]( worth up to $2,000 each if you join the moomoo App now. [Click here to get started.]( alerts delivered straight to your cell every morning for free?* P.P.S... Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! You can also text CLOSE to 47121 or [click here]( to get the Closing Bell Roundup sent to your mobile inbox, too! *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](