Good Morning, Traders!…👋

U.S. stock futures are under pressure early Friday as the market braces for the release of November’s employment report, which could shape the Federal Reserve’s upcoming rate decision.

Traders have grown more cautious about the likelihood of a rate cut on December 18, with expectations dropping to a 70% chance of a quarter-point reduction, down from 78% a day earlier, according to CME’s FedWatch tool. Fed Chair Jerome Powell reiterated on Wednesday that there’s little urgency to cut rates aggressively. The January meeting, which comes just days after Donald Trump’s inauguration, remains even more uncertain, with the probability of back-to-back rate cuts falling to just 18%.

In the crypto market, Bitcoin’s rally lost steam after hitting a record $103,500 on Thursday. The world’s largest cryptocurrency slipped below the $100,000 mark overnight, trading at $98,500 early this morning.

Happening Today

✓ 08:30 AM ET – Average Hourly Earnings (MoM) (Nov)

✓ 08:30 AM ET – Unemployment Rate (Nov)

✓ 10:00 AM ET – Michigan Consumer Sentiment (Dec)

✓ 03:00 PM ET – Consumer Credit (Oct)

PREMARKET SNAPSHOT 📈

Market futures are down slightly, with the S&P 500, Dow, and NASDAQ all showing minor declines.

SECTOR SNAPSHOT✨

Yesterday, the market saw a positive performance in Consumer Discretionary, which rose by 0.95%, along with Consumer Staples and Energy, both gaining 0.39% and 0.34%, respectively. Financials also saw a slight increase of 0.22%, while Utilities ended with a modest 0.25% gain. However, Health Care and Industrials struggled, dropping by 1.13% and 1.21%, respectively. Materials also took a hit, down 1.40%, while Real Estate and Communication Services faced losses of 0.28% and 0.51%. Information Technology ended slightly lower, down by 0.18%.

PreMarket Unusual Volume Stocks

📈 Zhibao Technology Inc (ZBAO) demonstrated significant market momentum, with its stock price surging by 87.06% to close at $4.77. The trading volume reached 5.4 million shares, far surpassing its average of 41K, signaling heightened investor interest in the company.

📈 Color Star Technology Co Ltd (ADD) saw a positive gain of 17.98%, closing at $4.56. The stock traded 5.77 million shares, well above its average volume of 48K, reflecting increased market activity surrounding the company’s developments.

📈 Universe Pharmaceuticals INC (UPC) emerged as a standout performer, with its stock skyrocketing 194.29% to $3.09. The trading volume was an astounding 24.7 million shares, dwarfing its average of 253K, showcasing intense investor enthusiasm.

📈 Jeffs Brands Ltd (JFBR) experienced a robust 55.17% increase in its stock price, closing at $3.57. The trading volume hit 11.05 million shares, significantly exceeding its average of 395K, pointing to growing confidence in the company.

📈 Avalon GloboCare Corp (ALBT) recorded a substantial 77.44% rise, ending the session at $4.72. The trading volume of 5.71 million shares was notably higher than its average of 661K, highlighting strong market interest in the stock.

Premarket Picks

Color Star Technology Co., Ltd. (ADD) saw a pre-market surge of 48.56%, with its price reaching $5.66. The surge was due to the company's regaining compliance with the Nasdaq Minimum Closing Bid Price Rule.

The Lion Electric Company (LEV) experienced a 22.72% increase, with its price rising to $0.41. This surge followed the announcement of a definitive agreement with Aéroport de Montreal to sell its innovation center facility in Mirabel, Québec.

Zhibao Technology Inc. (ZBAO) surged by 84.58%, reaching a pre-market price of $4.43. This increase came after the company announced a strategic partnership with PICC Property and Casualty Company Limited and Munich Re Beijing to launch new medical insurance products in China.

Asana, Inc. (ASAN) saw a pre-market price of $19.40, up 25.49%. This surge followed the company's third-quarter fiscal 2025 results, which showed a 10% year-over-year increase in revenues, totaling $183.9 million.

Below is a complete list of hot stocks in pre-market today:

Top Upgrades:

1. Molson Coors Beverage Company (TAP)

Analyst Firm: BofA
Upgrade: Neutral to Buy
Price Target: $70
Yesterday's Close: $61.40

BofA raised its rating on Molson Coors to Buy from Neutral, setting a new price target of $70, up from $57.

Analysts have set a stock price target range for Molson Coors Beverage Company with a high of $75.00, a median of $61.00, and a low of $47.00. The average target is $61.39. Molson Coors manufactures, markets, and sells beer and other malt beverage products across the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

2. Altria Group, Inc. (MO)

Analyst Firm: BofA
Upgrade: Neutral to Buy
Price Target: $65
Yesterday's Close: $56.91

BofA analyst Lisa Lewandowski upgraded Altria Group to Buy from Neutral, with a revised price target of $65, up from $55.

The stock price target for Altria Group, Inc. is projected to reach a high of $73.00, with a median of $54.50 and a low of $42.00. The average target stands at $55.20. Altria manufactures and sells smokeable and oral tobacco products primarily in the United States through its subsidiaries.

3. SiteOne Landscape Supply, Inc. (SITE)

Analyst Firm: Jefferies
Upgrade: Hold to Buy
Price Target: $175
Yesterday's Close: $144.86

Jefferies upgraded SiteOne Landscape Supply to Buy from Hold, increasing the price target to $175, up from $145.

For SiteOne Landscape Supply, Inc., analysts estimate a stock price target with a high of $185.00, a median of $163.00, and a low of $120.00, resulting in an average target of $157.22. SiteOne is the largest and only national full product line wholesale distributor of landscape supplies in the U.S., with a growing presence in Canada.

Happy investing,

Maeve Grace
Editor In Chief
Premium Stock Alerts

Important: This newsletter does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.

Disclosure: I hold no positions in any companies mentioned, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.