🍨 Daily Scoop: Buying More Homes

 The Dow led the market last week. Issue #299 // August 10, 2020 Getty Images S&P 3,351.28 (+0.06%) Nasdaq 11,010.98 (-0.87%) Dow 27,433.48 (+0.17%) 10-yr 0.568 (+0.0000) Gold 2,040.00 (+0.59%) Oil 41.71 (+1.19%) *as of market close Hey Scoopers, The market ended the week in the green, and the Dow took a victory lap. — More on that in the "Overall Market" section. Beyond the overall market, one real estate company saw the light at the end of malls' dark tunnel, and analysts became worried about the future of one profitable technology stock. — More on that in the "What's Up?" and "What's Down?" sections. Oh, by the way, people are buying more homes. — 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. Scroll down to the "Overall Market" section to read more. - Cryptocurrency: [Bitcoin's price]( had a quick visit to $11.4K and is now [back toward its next technical resistance level](. Buy this stock immediately And for a limited-time, Whitney Tilson – a former hedge fund manager with $200 million in assets is sharing little-known information on why this stock could be a huge winner. [Take a moment while you can to access the full details here.]( The Dow's Victory Week All three indices finished last week in the green, and for the 5-day trading week, the Dow led the pack with almost 4% growth. The upward movement was thanks to airline stocks and the Dow transportation index. There Is Light At The End of Malls' Tunnel So, what happened? Shares of Simon Property Group (Ticker: [SPG]( were up by almost 2% on Friday. The largest commercial real estate company in the U.S. sees some lights at the end of the dark malls' tunnel. And, the savvier hero is none but the mighty Amazon (Ticker: [AMZN]( who is [looking to convert failed malls to fulfillment center](. German Genius Breaks Years of Silence Dr. Gregor Bauer is an expert technical analyst who advises the German government. But he’s never felt the need to speak outside of his homeland before — until the coronavirus hit. The virus created a financial crisis, but it also created unprecedented opportunity. And in this exclusive presentation in partnership with Rob Booker, Bauer presents how you can capitalize on these opportunities with 100% profit targets on every trade. [Click here to catch the imminent briefing]( Analysts Are Worried So, what happened? Shares of Alteryx (Ticker: [AYX]( were down by more than 28% on Friday. The company provides self-serve analytics software. It's profitable and generates free cash flow. It is surprising to see the stock dropping that much. [Several analysts are worried about the company's full-year performance]( and observed a slowdown in the customer growth figures. The result is a massive sell-off of the stock as investors were not willing to take any chances. Everybody Wants To Buy A House So what happened? One [noteworthy piece of news last week]( was the 16% jump in the number of existing houses pending sales in the U.S. in June compared to a year ago. The report came as a surprise to even the economists at the National Realtor Associations. Thanks to the record-low interest rates, and the extended hours we all spend living in our houses, more people decided to purchase a new home. Have you bought a house since the start of the pandemic? Let us know what drove your decision? Our email address is members@tradestocks.com. Send us a few lines. Disclosure: Authors of this Scoop own shares of Amazon (Ticker: [AMZN](. Hoda Mehr is CEO and Co-founder of [Stock Card]( and the host of Renegade Investors podcast. She runs a community of 30,000 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