Our December 2023 stock and ETF watchlist with entry points, sector analysis, and market outlook.
The Monthly Watchlist: stocks and ETFs we're actively researching, with the levels we're watching as of December 1, 2023. Inclusion isn't a recommendation to buy, and this isn't personalized investment advice — your investment decisions remain your own.
Market Overview
Welcome back to The Wealth Catchers' watchlist. I hope you all enjoyed Thanksgiving and had fun with friends and family! November was firing on all cylinders for investors! The market had a sharp rebound from the slump it's been in the past few months. All the indices were firmly green, including all sectors except for energy. It's evident the bulls came to take advantage of the discounts in the market. This strong rally was broad and has lifted the spirits of many of those who believe we can avoid a recession and have this "soft landing." November didn't just bring family gatherings; it also brought holiday spending. Consumers had a record spending for Black Friday ($9.8B) and Cyber Monday ($12.4B). This painted a rosy picture, with many people believing that the consumer is in a healthy place financially. Now, if we take a deeper look into these numbers, we will see that this shopping spree had a lot to do with customers using the Buy Now Pay Later options. With this information, it highlights that the consumer is not in fact "healthy" financially or not as strong as we would like them to be. These BNPLs will need to be paid off at some point, and that's where the worries begin. This is something that will be lagging, so we won't see the effects of it until a few months down the line.
Crypto & Digital Assets
In other news, Binance and their CEO, Changpeng Zhao, plead guilty to federal charges. This unfortunately puts another stain on the crypto community, as we have seen some of the biggest names and faces come into legal trouble at what most would consider the highest level. Now the crypto market seems unaffected by this, as we see the total market cap for crypto sitting above $1.4T. If you happened to read the July Watchlist from 2022, I mentioned how the crypto market was under $1T at that time, and we have seen a nice rebound since then. A company that has wildly benefitted from this news is Coinbase; its stock has skyrocketed 60% in the month of November. That about wraps it up (there is definitely more news than I have time), but I hope the information was beneficial. Keep your eyes out for the Fed meeting on December 12th13th. Also, rest in peace to one of the investing greats, Charlie Munger. He will be missed, and the knowledge, wisdom, and laughs he gave us will last a lifetime
Monthly Performance
Also, Merry Christmas and Happy Holidays!At the close of the month, here are how the indices performed:Dow Jones (8.04%)S&P 500 (7.79%)NASDAQ (8.92%)Russell 2000 (8.34%)At the close of the month of November, the VIX was at 12.92. At the close of the month, the "Fear and Greed" index was at 66, indicating greed in the market.
Closing Note
I appreciate you checking in during this busy holiday season, and here's your friendly reminder:
“The time to buy is when there's blood in the streets.”
Keep on buying assets; there's always a bull or bear market somewhere. Keep your money working.
Index Performance
| Index | Performance |
|---|---|
| Dow Jones (Nov 2023) | +8.04% |
| S&P 500 (Nov 2023) | +7.79% |
| NASDAQ (Nov 2023) | +8.92% |
| Russell 2000 (Nov 2023) | +8.34% |
| VIX | 12.92 |
Top Sectors
- Real Estate+14.91%
- Information Technology+14.70%
- Financials+13.80%
Bottom Sectors
- Energy-1.13%
- Consumer Staples+5.75%
- Utilities+6.14%
Stock Entry Points
| Ticker | Daily Entry | Weekly Entry | Notes |
|---|---|---|---|
| NKE | $101–$111 | $90–$116 | |
| ABNB | $121–$133 | $105–$120 | |
| MSFT | $303–$344 | $264–$291 | |
| AAPL | $168–$182 | $142–$165 | |
| GOOGL | $115–$132 | $99–$116 | |
| MCD | $247–$276 | $234–$266 | |
| WMT | $153–$161 | $135–$146 | |
| TSLA | $179–$236 | $172–$212 | |
| SBUX | $91–$98 | $83–$100 | |
| V | $231–$241 | $206–$220 | |
| PG | $142–$152 | $136–$149 | |
| WM | $150–$163 | $137–$160 | |
| IIPR | $70–$79 | $68–$87 | |
| SHOP | $58–$60 | $51–$71 | |
| ADBE | $443–$544 | $424–$460 | |
| AMZN | $116–$135 | $119–$138 | |
| CRWD | $144–$172 | $146–$167 | |
| NVDA | $337–$453 | $176–$267 | |
| COST | $522–$561 | $408–$518 | |
| JPM | $142–$149 | $130–$135 | |
| NEE | $59–$70 | $48–$71 | |
| LLY | $447–$549 | $250–$380 | |
| TMO | $440–$526 | $459–$544 | |
| ADP | $229–$241 | $195–$229 | |
| SHW | $246–$263 | $231–$248 | |
| META | $242–$310 | $216–$249 | |
| RTX | $77–$92 | $66–$85 |
ETF Entry Points
Key Takeaways
- November 2023: One of the strongest months on record — 10-year yield retreated from 5% to 4.3%.
- Real Estate +14.91%, IT +14.70%, Financials +13.80% — rate-sensitive sectors roared back.
- VIX dropped to 12.92; Fear & Greed moved to 66 — fear turned to greed rapidly.
- Black Friday retail sales records set; consumer spending remained resilient.
Timothy Monecla is the founder of The Wealth Catchers and a long-term investor focused on U.S. equity markets and generational wealth building. He created this platform to give everyday people the investing foundation they were never taught — through clear, data-backed education and no-hype guidance.
About Timothy →Take Your Next Step
"Catch and Secure Your Wealth."™
The Wealth Catchers — a platform dedicated to financial literacy, disciplined investing, and building generational wealth.
Our content may contain affiliate links at no cost to you.