🎄 AI's Holiday Stock Picks. Should I Trust in？📈

The stock market will be closed on Thursday for Thanksgiving, and only be open between 9.30 a.m. and 1 p.m. Eastern Time on Black Friday.

History suggests there could be some gains for equities between now and Nov. 28.

Historical Market performance

The $.SPX(.SPX)$ has risen 69% of the time in Thanksgiving week since 1950, according to Dow Jones Market Data. The benchmark gauge has climbed 0.7% on average.

From 2001 through 2023, the $.SPX(.SPX)$ 's overall performance around the Thanksgiving holiday has been mixed, seeing positive returns just half the time. Over that time, the $.SPX(.SPX)$ had more than 1% gains on just three Black Fridays—in 2001, 2007, and 2012—but fell as much as 1.7% in 2009.

Would you like to join me dig some holiday bargins as well？

From the weekly performances of US equities from Finviz:

1. Technology Stocks like $Microsoft(MSFT)$ and $Oracle(ORCL)$ are showing strong performance with increases of 2.44% and 0.78%, respectively. If we have a positive outlook on the long-term growth of the technology sector, these stocks might be good choices.

2. Consumer Electronics: $Apple(AAPL)$ has shown a robust performance with a 2.97% increase. If the demand for consumer electronics continues to grow, this could be a stock to consider.

3. Communication Services: $Accenture PLC(ACN)$ and $T-Mobile US(TMUS)$ have increased by 2.61% and 5.08%, respectively, indicating growth in the communications services industry.

4. Healthcare: $UnitedHealth(UNH)$ has shown a strong performance with an 8.17% increase. If we believe the demand for healthcare will remain stable or grow, this could be a sector to consider.

5. Energy: $Exxon Mobil(XOM)$ and $Chevron(CVX)$ have increased by 0.56% and 1.84%, respectively, which may suggest a recovery in the energy sector.

6. Avoid Declining Stocks? Stocks like $NVIDIA Corp(NVDA)$ and $Alphabet(GOOG)$ have shown significant declines of -6.86% and -4.99%, respectively. You may want to further investigate the reasons for these declines before considering holding them over the holiday.

7. Diversification: Avoid investing all your funds in a single industry or stock. Diversification can help mitigate risk.

8. Market Trends and News: Consider current market trends and any news events that could impact the stock market before making investment decisions.

9. Personal Risk Tolerance: Choose stocks based on your own risk tolerance and investment objectives.

From a monthly performances of US equities: E-commerce, Automotive Manufacturing and financial Industries catches my eye:

1. E-commerce: $Amazon.com(AMZN)$ has risen by 10.34%, which likely reflects the increase in online shopping during the holiday season. If you anticipate continued growth in e-commerce, Amazon may be a good choice for investment during the holidays.

2. Automotive Manufacturing: $Tesla Motors(TSLA)$ has increased by 28.84%, showing robust growth. If you are bullish on the electric vehicle market, Tesla might be a stock to consider.

3. Financial Stocks: $JPMorgan Chase(JPM)$ has gained 10.85%, indicating a strong performance from the financial sector. If you believe the financial industry will remain stable, JPMorgan Chase could be a stock worth considering for your portfoli

🤔 Should you trust in these AI picks?

Remember, while AI can provide insights based on data, it's always wise to do your own research and consider your personal investment strategy and risk tolerance.

Happy investing! 🧑‍💻📊

Some more data for references.

Thanksgiving shopping

Black Friday sales are the cornerstone of yearly profits for retailers, which run deep discounts on overstock, seasonal, or holiday items.

In 2023, more than 200.4 million people shopped from Thanksgiving Day to Cyber Monday, spending $321 on average. The most commonly bought products were food, clothing, gifts, toys, electronics, and decorations, with total spending exceeding $966 billion.

Retail trends

After 2019, the spending was impacted due to COVID-19, but after making a bottom in 2022, it is picking up. According to the National Retail Federation, per-person spending is expected to be at $902, a 3.08% rise. In 2023 it grew by 5.04%.