Stocks snap back after Wednesday wobble 🚀

It didn't take long for the market to recapture its lost ground from Wednesday...                                                                                                                                                                                                                                                                                                                                                                                                                 February 01, 2024 | [Read Online]( Adam Garcia February 01, 2024 Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Here’s what moved the market today. Markets 📈 Stocks rebounded from Wednesday’s sell-off in dramatic fashion on Thursday. Most indexes gained upwards of a full point. - S&P 500 [+1.2%] - Dow [+0.9%] - Nasdaq [+1.3%] - Russell 2K [+1.2%] [9X better than the S&P 500]( (Ad) Multimillionaire Trader Nate Bear just keeps winning. Thanks to his One Ticker Payouts strategy that he revealed back in August, he's put up a 52% total return... Which has beat the market's performance by nearly 9x! [Get access to this week's trade here ]( Market-Moving News 🔎 📉 Layoffs Spike, Yields Take a Dip Last week saw jobless claims hitting their peak since mid-November, as reported by the Labor Department on Thursday. This uptick could signal a shift in the labor market's strength, stirring speculations about its future trajectory. 🏦 Fed's Focus: Although unemployment claims are still considered to be in a healthy range, this recent increase could potentially open the door for the Federal Reserve to adjust its policy stance. With the labor market showing signs of cooling, there might be a path cleared for easing policies a bit earlier than anticipated. 📊 Yield Dynamics: In response to the labor market news, the 10-year U.S. Treasury yield dipped below the 3.9% mark, a level it hasn’t closed below this year. This movement in yields reflects investors' recalibrating expectations in light of the latest job market data. Top Winners and Losers 🔥 NeuroBo [NRBO] $5.47 (+67.2%) received FDA clearance to begin Phase 1 trials for its obesity drug candidate DA-1726. Akson Health [AHG] $2.23 (+35.6%) announced plans to acquire an online clinic after Wednesday’s close. BioRestorative [BRTX] $2.16 (+32.5%) said it will present preliminary data from BRTX-100 Phase 2 trials at the Orthopaedic Research Society 2024 Annual Meeting, which runs from Feb. 2nd to Feb. 6th in Long Beach, CA. CCSC Tech Intl. [CCTG] $3.90 (81.6%) suddenly pulled back after trending higher for the past two weeks. The stock has only been trading on U.S. markets since Jan. 18th. Revelation Bio [REVB] $3.18 (63.8%) announced the pricing of a $6.2 million public offering. Trugolf [TRUG] $1.33 (55.0%) plummeted in its first day of trading since completing its reverse merger with Deep Medicine SPAC earlier this week. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, — Adam G. Elite Trade Club Text ELITESTOCKS to 47121 or [click here]( to get our alerts on your mobile device, and never miss another fast-moving stock! P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. [Sign Up for Mobile Alerts Now]( [tw]( [ig]( [yt]( [tk]( *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails. [Privacy Policy]( | [Terms of Service]( Update your email preferences or unsubscribe [here]( © 2024 Elite Trade Media LLC 1969 Alafaya Tr., Suite #247 Orlando, Florida 32828, United States of America