For the last several weeks, Norwegian Cruise Line (NCLH) and Royal Caribbean (RCL) formed an uptrend and trading range, respectively. Shares in both companies broke out on Thursday. NCLH stock added 6.8%, while RCL stock rose by 7.42%.
Norwegian Cruise appointed Marc Kazlauskas as President of the company. At the macro level, however, the Federal Reserve’s upbeat outlook on the economy lifted travel stocks. Traders might want to take advantage of the rally in Marriott (MAR), Hilton (HLT), United Airlines (UAL), and Expedia (EXPE). Risks might rise that the rally fades after the holidays.
Visa (V) added 6.11% to close at $345.63. Although analyst upgrades helped boost the stock, a strong economy would encourage consumers to spend more. That would help Visa collect more transaction fee revenue.
In the advertising sector, The Trade Desk (TTD) dropped by 5.61% on Thursday. The stock lost 68.5% in 2025. Markets are pricing in a market share loss to ad platforms like Meta Platforms (META) and Alphabet (GOOG).
Robinhood (HOOD) continued to pull back from its $153.86 peak first set in October. In November, trading volumes fell across almost all asset classes. Equity trading volume fell by 37% M/M. Option volumes fell by 28%. Crypto assets under custody fell by 6.1%. HOOD stock might recover if Bitcoin (BTC-USD) rebounds back to above $100,000.
