AAPL 252.355 -1.2657% MSFT 425.34 -1.2055% NVDA 137.935 0.6751% GOOGL 191.5586 -0.6233% GOOG 192.78 -0.6494% AMZN 221.06 -1.2022% META 595.1101 -0.7836% AVGO 235.435 -2.6122% TSLA 423.545 -1.88% TSM 200.0799 -0.7688% LLY 777.045 -0.7821% V 315.925 -0.8583% JPM 239.24 -0.8003% UNH 506.325 -0.7186% NVO 86.49 -1.0072% WMT 90.6201 -1.1345% LVMUY 130.5 -1.368% XOM 105.8 -0.6386% LVMHF 654.0 -1.5794% MA 525.18 -1.3191%

Stocks under $1 Report

US and Canadian markets settled this week on a positive note, Two stocks to consider – FCLI, CARA

Nov 08, 2024

FCLI:TSX-V
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)
CARA:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Company Overview: Full Circle Lithium Corp. (TSXV: FCLI) sounds like a key player in the growing field of sustainable battery material processing. As the demand for electric vehicles (EVs) and renewable energy storage solutions continues to rise, the need for efficient recycling of battery materials becomes increasingly critical. Cara Therapeutics Inc. (NASDAQ: CARA) is an emerging biotechnology company involved in the development of novel therapeutics to treat human diseases associated with inflammation, pain, and pruritus. Cara's most advanced compound, CR845, aims to treat acute pain and pruritus. The Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks. 

Global Markets Wrap-Up 

On November 07, 2024, the S&P 500 index settled at 5973.10 with a week till date gain of 4.56%; moreover, the tech-heavy NASDAQ composite advanced by ~5.64% on a WTD basis and settled at 19269.46. While, the Russell 2000 settled at 2382.69, reflecting a gain of ~7.81% on a WTD basis.

Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a positive note and continued the momentum. On November 07, 2024, the index closed at 613.40 with an overall week-to-date (WTD) gain of 1.57%. Industrials, basic materials, technology, consumer cyclicals, energy, and were the leading sectors, while healthcare, real estate, and financials were the laggards on Thursday.

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