A mixed day for the market 🎢

                                                                                                                                                                                                                                                                                                                                                                                                                November 16, 2023 | [Read Online]( Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Today is Thursuday, November 16th. I hope you had a great trading session. Here's what moved the market today:  Markets 📈 Stocks closed Thursday with mixed results. The S&P 500 [<0.1%] and Nasdaq [<0.1%] ended the day close to flat, while the Dow [+0.4%] edged lower, and the small-cap Russell 2K [-1.4%] sold off.  Sponsored [The Top-3 S&P 500 Stocks for 2024]( As noted by USA Today, "Analysts expect improving market fundamentals in 2024. The S&P 500 entered bull market territory in June 2023 after gaining more than 20% from its October 2022 lows. Since World War II, the average S&P 500 bull market has lasted more than five years, according to LPL Research." These could be the top movers to pick up for next year. [Get the Complete Watchlist Here]( Today's Market-Moving News 🔎 🛍️Walmart Feels the Heat from Food Prices As Walmart unveils its latest financial report card, its shares took a bit of a dive. Investors seem jittery about what lies ahead for the retail mammoth, given the current economic climate. 🍽️ The Boss Speaks Out: McMillon didn't sugarcoat it – food prices are tough on shoppers. Costs have climbed not just over the past year, but even more sharply when looking at a two-year comparison. Translation? Customers are feeling the pinch. 🥩 Meaty Matters: Meat prices? Sky-high. But it's not all bleak. Dairy, eggs, chicken, and seafood are easing up a bit, offering a much-needed breather. 🙏🏻 Hoping for Relief: McMillon's eyes are on dry grocery and consumables. Any price drop there could be a game-changer, giving shoppers more wiggle room to spend on general merchandise. 🔮 The Big Picture: Inflation's bite is clear in the aisles of Walmart. While some relief is trickling in, the CEO's outlook suggests a hunger for more significant price dips in key areas. As food costs dictate consumer spending, Walmart, like its customers, is navigating a landscape where every penny counts. Today's Top Winners and Losers 🔥 Safe & Green Development [SGD] $3.03 (+531.2%) requested to withdraw from a previously issued registration statement for a direct offering of its common stock. Alpha Technology [ATGL] $29.83 (+136.1%) has been steadily gaining since completing its Nasdaq IPO earlier this month. WaveDancer [WAVD] $2.79 (+76.5%) announced a definitive merger agreement with privately-held Firefly Neuroscience. HNR Acquisition [HNRA] $3.00 (55.6%) continued to slide after closing its merger with Pogo Resources. Timber Pharmaceuticals [TMBR] $1.25 (46.5%) failed to file its Form 10-Q quarterly earnings report on time.  Sigma Additive Solutions [SASI] $3.07 (30.8%) tumbled after reporting its earnings results earlier this week. 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