{"id":73091,"date":"2023-12-29T08:58:42","date_gmt":"2023-12-29T13:58:42","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=73091"},"modified":"2023-12-29T08:59:19","modified_gmt":"2023-12-29T13:59:19","slug":"coffee-with-greta-year-end","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/12\/29\/coffee-with-greta-year-end\/","title":{"rendered":"Coffee With Greta: Year End"},"content":{"rendered":"<p><b>DJIA Futures:\u00a0<\/b>-6 (-0.02%)<\/p>\n<p><b>SPX Futures: <\/b><span style=\"font-weight: 400;\">-2 (-0.1%)<\/span><\/p>\n<p><b>NASDAQ Futures: <\/b><span style=\"font-weight: 400;\">-7 (-0.04%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Good morning friends!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Futures are flat ahead of the final trading day of 2023.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s get right to it!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Final Day of 2023<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>S&P 500 <\/b><span style=\"font-weight: 400;\">enters today\u2019s trading session less than 0.5% away from a new record high.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The index is up 24.6% so far in 2023, with the <\/span><b>Dow <\/b><span style=\"font-weight: 400;\">up 13.8%, and the <\/span><b>Nasdaq <\/b><span style=\"font-weight: 400;\">up 44.2%.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The tech-heavy Nasdaq is on track for its largest annual gain since 2003.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All three major indexes are also on track for their ninth straight weekly gains, the longest streak for the S&P 500 since 2004.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The gains have extended to small caps this month as the Fed signaled plans for three rate cuts in 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><b>Russell 2000<\/b><span style=\"font-weight: 400;\"> is up nearly 14% in December, on track for its best month since November 2020.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Nvidia Announces Slower Gaming Chips For China<\/span><\/h2>\n<p><b>Nvidia <\/b><span style=\"font-weight: 400;\">(NVDA) shares are up 0.3% ahead of the open after announcing it will launch an adjusted version of its gaming processor with slower performance in China.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A spokesperson told Reuters, the new Nvidia RTX 4090D will be launched in January and has been \u201cdesigned to fully comply with U.S. government export controls.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The GPU has 11% fewer Compute Unified Device Architecture or \u201cCUDA\u201d cores than versions of the chip sold outside of China.\u00a0<\/span><\/p>\n<p>The spokesperson said Nvidia &#8220;extensively engaged with the U.S. government&#8221; while developing the new chip.<\/p>\n<h2><span style=\"font-weight: 400;\">Fisker Rallies<\/span><\/h2>\n<p><b>Fisker <\/b><span style=\"font-weight: 400;\">(FSR) shares are rallying 9.3% in premarket trade after announcing strong growth in deliveries between the third and fourth quarters.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The electric vehicle maker said it grew deliveries by over 300%, driven by strong demand for its Ocean SUV.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Deliveries for all of 2023 totaled 4,700 vehicles as Fisker produced 10,142 EVs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The majority of those deliveries were the Fisker Ocean One which is priced at $68,999.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company said it will announce a plan in January to accelerate its sales and deliveries further in 2024.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">In Case You Missed It<\/span><\/h2>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Pending home sales were flat in November even as mortgage rates declined. The National Association of Realtors pending home sales index was unchanged at 71.6 last month vs expectations for a 1% increase. Year over year, pending sales declines 5.2%.\u00a0<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>DJIA Futures:\u00a0-6 (-0.02%) SPX Futures: -2 (-0.1%) NASDAQ Futures: -7 (-0.04%) Good morning friends! Futures are flat ahead of the final trading day of 2023. Let\u2019s get right to it! Final Day of 2023 The S&#038;P 500 enters today\u2019s trading session less than 0.5% away from a new record high.\u00a0 The index is up 24.6% so far in 2023, with the Dow up 13.8%, and the Nasdaq up 44.2%.\u00a0 The tech-heavy Nasdaq is on track for its largest annual gain since 2003.\u00a0 All three major indexes are also on track for their ninth straight weekly gains, the longest streak for the S&#038;P 500 since 2004. The gains have extended to small caps this month as the Fed signaled plans for three rate cuts in 2024. The Russell 2000 is up nearly 14% in December, on track for its best month since November 2020.\u00a0 Nvidia Announces Slower Gaming Chips For China Nvidia (NVDA) shares are up 0.3% ahead of the open after announcing it will launch an adjusted version of its gaming processor with slower performance in China.\u00a0 A spokesperson told Reuters, the new Nvidia RTX 4090D will be launched in January and has been \u201cdesigned to fully comply with U.S. government export controls.\u201d The GPU has 11% fewer Compute Unified Device Architecture or \u201cCUDA\u201d cores than versions of the chip sold outside of China.\u00a0 The spokesperson said Nvidia &#8220;extensively engaged with the U.S. government&#8221; while developing the new chip. Fisker Rallies Fisker (FSR) shares are rallying 9.3% in premarket trade after announcing strong growth in deliveries between the third and fourth quarters.\u00a0 The electric vehicle maker said it grew deliveries by over 300%, driven by strong demand for its Ocean SUV.\u00a0 Deliveries for all of 2023 totaled 4,700 vehicles as Fisker produced 10,142 EVs.\u00a0 The majority of those deliveries were the Fisker Ocean One which is priced at $68,999.\u00a0 The company said it will announce a plan in January to accelerate its sales and deliveries further in 2024. In Case You Missed It Pending home sales were flat in November even as mortgage rates declined. The National Association of Realtors pending home sales index was unchanged at 71.6 last month vs expectations for a 1% increase. Year over year, pending sales declines 5.2%.\u00a0<\/p>\n","protected":false},"author":41,"featured_media":73093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[739],"tags":[],"class_list":["post-73091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coffee-with-greta"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=73091"}],"version-history":[{"count":3,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73091\/revisions"}],"predecessor-version":[{"id":73103,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/73091\/revisions\/73103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/73093"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=73091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=73091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=73091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}