Stocks EXPLODE on Dovish Fed Meeting 💥

Here are the top movers from today's big rally...                                                                                                                                                                                                                                                                                                                                                                                                                 December 13, 2023 | [Read Online]( Adam Garcia December 13, 2023 Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. I hope you had a great trading session. Here’s what moved the market today. Markets 📈 Stocks rallied after Federal Reserve officials signaled a potential end to rate increases and penciled in three rate reductions for next year. It was the strongest single-day performance for U.S. indexes in weeks. - S&P 500 [+1.3%] - Dow [+1.4%] - Nasdaq [+1.3%] - Russell 2K [+3.4%] Sponsored [A Cancer Stock with MASSIVE Potential]( A revolutionary shift in medical innovation and could skyrocket this overlooked biotech stock. It could deliver the next-generation of cancer treatments and drive massive windfalls for shareholders. [ADD THIS STOCK TO YOUR WATCHLIST!]( Market-Moving News 🔎 📉 Fed Anticipates Slower Growth in 2024 Following the conclusion of their two-day meeting, Federal Reserve officials have revised their U.S. economic growth projections. They now anticipate a more modest inflation-adjusted growth rate of 1.4% in 2024, a significant drop from the 2.6% forecast for 2023. 📈 Looking Ahead: The Fed's outlook brightens slightly in the subsequent years, with growth expected to pick up to 1.8% in 2025 and 1.9% in 2026. 📊 Unemployment Rate Projections: There's an expected uptick in unemployment, with rates projected to rise from 3.8% at the end of 2023 to 4.1% by the end of 2024. 🏦 Balancing Act: These latest forecasts reflect the Fed's expectation of the economy settling into a more sustainable growth rhythm over the next few years while steering clear of a recession. In essence, the Federal Reserve's projections paint a picture of cautious optimism, anticipating a gentle slowdown that aligns growth with long-term sustainability, all while navigating the tricky waters of economic stability and employment. Top Winners and Losers 🔥 C4 Therapeutics [CCCC] $5.51 (+135.4%) said its CFT7455 drug candidate demonstrated “"promising signs of anti-myeloma and immunomodulatory activity" in a clinical trial. Shattuck Labs [STTK] $4.86 (+130.3%) released a new bout of positive top-line data from a Phase 1A/B study of SL-172154 of Azacitidine in certain cancer patients. LQR House [LQR] $2.14 (+65.8%) unveiled a new marketing campaign for its Soda Jerk unit’s ready-to-drink beverages, including Root Beer and Orange Cream flavors. ECD Auto Design [ECDA] $1.89 (+35.4%) continued to slide in its first day of public trading since completing its merger with EF Hutton Acquisition Corp. on Tuesday. Blackboxstocks [BLBX] $2.94 (23.6%) agreed to acquire Evtec Aluminium Ltd. on Dec. 12th, and expects to close on the transaction in Q1 2024. G1 Therapeutics [GTHX] $2.41 (35.3%) suddenly pulled back after rallying 72.1% over the past 30 days. 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 ELITESTOCKS 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