Good Week for 1 Industry — Bad for Another

Here’s what Green Zone Power Ratings says… [Turn Your Images On] Good Week for 1 Industry — Bad for Another Editor’s Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder if it’s time to buy in. That’s what today’s Stock Power Daily is all about. We’ll show you some of the week’s biggest movers, and then run them through Adam O’Dell’s proprietary Green Zone Power Ratings to see how they stack up. - Nike Inc. (NYSE: NKE): Shares of one of the world’s most recognizable apparel brands tanked 10% on Friday after the company whiffed on earnings. Nike announced plans to cut costs by $2 billion over the next three years. This stock may not stay in the [“Neutral”]( zone for much longer… - Micron Technology Inc. (Nasdaq: MU): Investors pushed MU shares 7% higher on Thursday after the chipmaker said it expects a strong recovery in the semiconductor market. MU has had an impressive run in 2023, but its [“High-Risk”]( rating (especially on fundamentals) is a big red flag. - Cipher Mining Inc. (Nasdaq: CIFR): Bitcoin miners are having a heyday. Shares of [CIFR]( were up more than 50% on the news that it was acquiring more than 37,000 miners from Bitmain. Adam is doing even better with his recommended play in 10X Stocks. His subscribers just locked in a 109% gain in 53 days on half their position — and Adam expects more profits on the horizon. [Click here]( to find out how you can join before 2024 kicks off. - NetEase Inc. (Nasdaq: NTES): Shares of this [“Strong Bullish”]( tech stock tanked 17% on Friday following news that China wants to restructure its online gaming rules. We’ll see how that affects its ratings over the coming weeks and months. Happy holidays! — The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [Thanks, Costco! This Gold Rally Is Different]( [Turn Your Images On]( [Don’t Let the Next Crypto Rally Pass You By]( [Turn Your Images On]( [What to Watch as Fed Keeps Up Inflation Fight]( [Turn Your Images On]( [A Nasty Potential Side Effect of Future Rate Cuts]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2023 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](