Stocks explode on upbeat CPI data 🚀

                                                                                                                                                                                                                                                                                                                                                                                                                November 15, 2023 | [Read Online]( Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Today is Wednesday, November 15th. I hope you had a great trading session. Here's what moved the market today:  Markets 📈 U.S. benchmarks followed up Tuesday’s rally with modest gains in today’s trading session. The S&P 500 [+0.1%], Nasdaq [<0.1%] and Dow [+0.4%] edged higher, along with the small-cap Russell 2K [+0.1%].  Sponsored [Discover AI Stocks Potentially Ready to Skyrocket in Value!]( With AI's predicted surge to $2 trillion in just 7 years, now might be the prime time to invest. The most affluent future trillionaires? Those who master AI, says Mark Cuban. Don't miss out on our expertly curated list of the Top 5 AI Stocks set for potential monumental growth. [Act fast! Secure your FREE report now. Click Here!]( Today's Market-Moving News 🔎 🛍️ October Retail Sales: The Spending Slowdown It's not just the leaves falling in October; U.S. retail sales also took a slight tumble. We're talking a 0.1% dip from September, marking the first drop since the daffodils were blooming in March. 🛒 Beyond Cars and Gas: If you set aside autos and gas, the retail landscape saw a teeny 0.1% climb. That's like going from a brisk walk to a leisurely stroll, compared to the 0.6% average hike in the last half-year. 🎈 Inflation's Balloon Might Deflate Slowly: This cooldown in shop-til-you-drop behavior might just be the chill pill the inflation beast needs, but the challenge is getting back to normal without the economy doing a face plant. 🏦 Fed's Interest Rate Tango: The Federal Reserve's been cranking up interest rates to a 22-year peak, trying to put the brakes on the economy to fight inflation. With their last hike in July and data like this, further rate hikes might just be off the menu. Today's Top Winners and Losers 🔥 Kinnate Biopharma [KNTE] $2.50 (+59.2%) received a letter from two private equity firms expressing their interest in acquiring the company. Ebix [EBIX] $5.66 (+57.6%) skyrocketed in a what appeared to be a targeted short squeeze following its weak Q3 earnings on Tuesday. SciSparc [SPRC] $6.46 (+48.1%) said its SCI-110 drug candidate produced breakthrough results in a Phase IIa Alzheimer’s trial. Jaguar Global Growth [JGGC] $1.70 (76.0%) announced the closing of its business combination with GLAAM/Captivision. Signing Day Sports [SGN] $1.40 (27.4%) continued to slide after completing its IPO on Tuesday at $5 per share.  Global E-Online [GLBE] $28.75 (27.1%) reported disappointing Q3 revenue figures and slashed its full-year revenue outlook. 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 Text ELITE to 47121 or [click here]( to get our alerts on your mobile device, and never miss another fast-moving stock! P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. [Sign Up for Mobile Alerts Now!]( [tw]( [ig]( [yt]( [tk]( *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 these emails. [Privacy Policy]( | [Terms of Service]( Update your email preferences or unsubscribe [here]( © 2023 Elite Trade Media LLC 1969 Alafaya Tr., Suite #247 Orlando, Florida 32828, United States of America