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More Meme Stock Rallies, Bitcoin Tumbles, And Other News

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marketwealthdaily.com

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support@marketwealthdaily.com

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Tue, Jun 8, 2021 08:42 PM

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--------------------------------------------------------------- Stocks were little changed Tuesday a

[Market Wealth Daily]( --------------------------------------------------------------- [S&P 500 ends near the flat line; meme stock resurgence fuels rally in Clover Health, Wendy's]( Stocks were little changed Tuesday as traders considered a batch of new economic data, much of which pointed to ongoing labor shortages in the U.S. economy during the recovery. The S&P 500 ended near the flat line to come within striking distance of its all-time high. The Dow fluctuated ended slightly lower, while the Nasdaq edged higher. [More...]( SPONSORED CONTENT [Will This Rebound Continue?]( The market hit key support and reacted. Will it continue? Grab this guide to momentum setups and find out what the market will do next. [Get the ebook here]( [World Bank warns of widening inequality amid fastest global economic rebound in 80 years]( The World Bank on Tuesday said it expects the global economy to rebound by the fastest pace in 80 years, although many of the world's emerging and developing economies will continue to face an uphill battle through the recovery.... [Read more...]( [U.S. Oil Futures Settle Above $70 For The First Time Since 2018]( Oil futures climbed on Tuesday, with U.S. prices settling above $70 a barrel for the first time since October 2018. Prices extended their gains after the Energy Information Administration in its monthly report raised its 2021 West Texas Intermediate crude price to $61.85 a barrel, up 5% from the May forecast. Analysts polled by S&P Global Platts, on average, expect the EIA's weekly report Wednesday to show a decline of 4.1 million barrels in U.S. crude inventories for the week ended June 4. That... [Article continues...]( SPONSORED CONTENT [Book Of Momentum Secrets Free Here]( [Bitcoin Tumbles as Analysts Point to Looming Technical Breakdown]( Bitcoin slumped to a two-week low, with analysts pointing to a technical breakdown as well as the recovery of Colonial Pipeline Co.'s ransom as evidence that crypto isn't beyond government control. The largest token tumbled as much as 9.9% to $31,036, though it recouped some of those losses to trade around $32,363 as of 2:31 p.m. in New York. The Bloomberg Galaxy Crypto Index fell as much as 15% before also paring losses by mid-afternoon. Altcoins such as Ether, Litecoin and EOS also dropped. [Click to continue reading this article...]( [Wall Street Closes Little Changed As meme Stocks Extend Rally]( ... [More here...]( SPONSORED CONTENT [New Highs Send Red Hot Signal-How to Read It]( Momentum indicators are send huge warning flags. To make sure you recognize them and trade them correctly get the Little Black Book of Momentum Indicators here. The market just sent out an alert and signaled its next big move. Getting in the next trend is very realistic and all laid out in this eguide. [Get The Secrets Here]( --------------------------------------------------------------- All content © 2021 Market Wealth Daily ISS, Inc., 22C New Leicester Hwy #117, Asheville, NC 28806 USA [Privacy Policy]( --------------------------------------------------------------- Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading, [( TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. You should always consult with your own professional advisers regarding equities and options on equities trading. 1. The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the "Services") is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by TradeWins Publishing ("TradeWins") a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. The Services are intended to supplement your own research and analysis. 2. TradeWins' Services are not a solicitation or offer to buy or sell any financial products, and the Services are not intended to provide money management advice or services. 3. Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, TradeWins does not make any guarantee or other promise as to any results that may be obtained from using the Services. No person subscribing for the Services ("Subscriber") should make any investment decision without first consulting his or her own personal financial adviser, broker or consultant. TradeWins disclaims any and all liability in the event anything contained in the Services proves to be inaccurate, incomplete or unreliable, or results in any investment or other loss by a Subscriber. 4. You should trade or invest only "risk capital" - money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more. 5. All investments carry risk and all trading decisions made by a person remain the responsibility of that person. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Subscribers should fully understand all risks associated with any kind of trading or investing before engaging in such activities. 6. Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Simulated trading services in general are also designed with the benefit of hindsight, which may not be relevant to actual trading. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. TradeWins makes no representations or warranties that any account will or is likely to achieve profits similar to those shown. 7. No representation is being made that you will achieve profits or the same results as any person providing testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have experienced losses. 8. The author experiences are not typical. The author is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position and other factors. Certain Subscribers may modify the author methods, or modify or ignore the rules or risk parameters, and any such actions are taken entirely at the Subscriber's own election and for the Subscriber's own risk. You are currently subscribed to mwd as: {EMAIL}. Add support@marketwealthdaily.com to your email address book to ensure delivery. [Forward to a Friend]( | [Manage Subscription]( | [Subscribe]( | [Unsubscribe]( | [Snooze](

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