🍨 Daily Scoop: The Market's Bros

 Friday was a green day, but not enough to wash Thursday's significant drop. Issue #259 // June 15, 2020 Rafael Henrique | Getty Images S&P 3,041.31 (+1.31%) Nasdaq 11,316.53 (+1.02%) Dow 25,605.54 (+1.90%) 10-yr 0.668 (-0.0361) Gold 1,734.10 (-0.18%) Oil 35.21 (-2.90%) *as of market close Hey Scoopers, The market ended last week in the green, despite the excitement of the markets' bros. — More on that in the "Overall Market" section. Beyond the overall market, one airline stock got an "outperform" rating, while even stylish work-from-homers couldn't save a yoga pants company. — More on that in the "What's Up?" and "What's Down?" sections. Oh, by the way, we've got a few shout-outs to our favorite Scoopers. — More on that in the "Water Cooler" section. But, first, here is a recap of what happened in the market yesterday: Market Recap - U.S. markets: All three indices finished Friday in the green, despite a big drop on Thursday. Scroll down to the "Overall Market" section to read more. - Cryptocurrency: [Bitcoin's price]( had a red week too. As always, [traders are expecting a monster move](. Monster moves are the status quo of the crypto market. [Hot Tech Alert] 32X bigger than 5G? 5G and "AI" are all the rage... But here’s what you likely don’t know: The world’s best investors are lining up behind an explosive new technology that could trump them all. Warren Buffett calls it "ingenious." [You can watch it here.]( Is This The Bros' Market? Everything was going well until Thursday, and suddenly the stock market had one of its worst days in the recent few months. Overall, it wasn't an easy week for stock market investors. There is a big debate that the market is moving by careless young traders, also dubbed as the Robinhood traders (a.k.a. bros). Those, typically, inexperienced and small-size traders that [buy bankrupt Hertz]( (Ticker: [HTZ]( in loads, or [hype up the Genius Brand]( (Ticker: [GNUS]( are benefiting from easy-to-use, commission-free platforms such as Robinhood. It's very debatable that [such retail investors have the buying power that can move the market](. However, one thing is for sure: the market is volatile and makes it difficult for long-term investors to stay on course. Let's Fly, Baby! So, what happened? Shares of Southwest Airlines (Ticker: [LUV]( were up more than 9% on Friday. All airline stocks are getting some boost from the reopening of the economy, and the plan to resume several of their routine flight schedules. Southwest, specifically, got a shout out from analysts from Credit Suisse who upgraded the stock from Neutral to outperform. With this new wave of confidence, investors are rushing back into airline stocks. Let's fly, baby! Free Training: 60-Minutes to Trading Freedom Would you like to make more money in one hour of fun trading than working all day at a job? Then check this out... [Click here to reserve one of the limited spots!]( Work-From-Home In-Style So, what happened? Shares of Lululemon (Ticker: [LULU]( were down more than 3% on Friday. It's rare to see LULU's stock price falling. The once-controversial yoga pants company has amassed a massive number of loyal customers willing to pay north of $100 for comfy pants to work-from-home in style. The company announced its [latest quarterly earnings report](. While online revenue, representing over 50% of the company's total revenue, was up 125% in the last quarter, overall revenue was down 17%, and profit was lower than expected. In the end, LULU runs retail operations and relies on its retail experience to stay connected with its customers. Similar to all retailers, it's more costly to deal with store closures. Even LULU and its stylish work-for-home customers are not immune to the impact fo COVID-19 on the retail industry. Last week, we heard from quite a few of you, Scoopers. Specifically, thank you, Yvette Cid and slippse, who took the time to explain how they enjoy reading the information on Scoops. We loved reading your notes, you guys/gals. To the rest of you, our fellow Scoopers, please send us your thoughts, questions, and ideas. We read all of our emails and would love to hear from you. Our email address is members@tradestocks.com. Hoda Mehr is CEO and Co-founder of [Stock Card]( and the host of Renegade Investors podcast. She runs a community of 10,000 stock market investors and manages Stock Card's successful flagship portfolio, Roll with Our CEO, on Stock Card Portfolio Store. Hoda is an Economist with an MBA from Concordia, John Molson School of Business. She applies behavioral economics, data journalism, and storytelling to all aspects of her work. Before starting Stock Card, Hoda worked as a strategy and insights lead at technology companies including Symantec, Aimia and Sony. Create a free account to do your stock market research easily and mistake-free: [Stock Card]( We want to hear from you. 🙏 How are we doing? Please do us a favor... reply to this email and let us know a.) which sections you like the most and b.) what you would like to see more of. We appreciate your feedback. Copyright © 2020 [Trade Stocks]( Our address is 580 Broadway St., Laguna Beach, CA 92651. To update your preferences or unsubscribe, [click here](. (You can also send your request to Customer Care at the street address above.) Â