🚀 Oil powers higher even as stocks and gold sink

Tipping points are always difficult to predict, but it doesn’t mean you don’t try to predict... You’re receiving this email because you are subscribed to Trading Tips, if you no longer wish to receive these emails you can [unsubscribe here](. [Trading Tips] Good morning. Tipping points are always difficult to predict, but it doesn’t mean you don’t try to predict. As the jobless claims continue to rise, even as businesses are opening back up, it creates a reality that is problematic for a debt-based economy reliant on more debt and more consumption. The volume on the XLF put options might be a little bit of a warning that there is trepidation out there over the prospects of a speedy recovery from this illness. Now here’s the rest of the news: Sponsored Content [Medical Marijuana: 5 Stocks You MUST Own Before More States Legalize]( With 93% of Americans now in favor of legalization ... President Trump saying: “I’m in favor of [medical marijuana] 100%”... and recent elections making marijuana legal in more than half of the United States — federal legalization is all but certain. But before medical marijuana becomes legal in all 50 states, setting the market up for a 4,067% surge, there are five stocks you MUST own for the biggest profits. [Click here now for more details.]( MARKETS DOW 24,474.12 -101.78 S&P 2,948.51 -23.10 NASDAQ 9,284,88 -90.89% *As of market close • Stocks fell yesterday, as another 2.43 million jobs were lost. • Oil rose 1.55%, as the inventories continue to fall faster than estimated. • Gold fell 1.50%, as the U.S. dollar strengthened off its lows. • Cryptocurrencies traded lower, with Bitcoin finishing 5.33% lower closing at $9060. Today’s TOP TIPS [3 Stocks that were Made for Sheltering in Place]( The market is filled with companies that have struggled in terms of earnings and performance through the COVID-19 closure of our economy. With shelter-in-place orders in place throughout the country and continued fear of leaving the house, it makes a lot of business models not work. However, the idea that it’s affecting every business the same wouldn’t be accurate. There are a number of companies that have been thriving in the current environment. » [FULL STORY]( [Is the Huge Option Put Volume on Financials Thursday a Bad Omen?]( There are times when unusual option volume is an indication for the direction of a particular stock and then there are times when the activity is a reflection on the overall market. The activity on Financials Select Sector SPDR ETF (XLF) was a significant indication for both. Over 200,000 contracts were bought between the 17 JUL 20 $21 and $18 puts. That’s a lot of volume and indicative of institutions hedging their risk. » [FULL STORY]( [This CEO is Selling a lot of Shares, What’s Next?]( As you look at the current climate for auto sales, it isn’t exactly promising. Amidst the uncertainty, the CEO of CarGurus Inc (CARG) has been consistently selling shares since last September 2019. Since September 4, 2019, his holdings have fallen from over 4 million shares to 1.8 million shares on May 19, 2020. Since May 1, he’s had 7 different sell transactions totaling 221,400 shares and over $5.26 million in value. » [FULL STORY]( IN OTHER NEWS • [Stocks fall amid jobless claims report, earnings]( • [Getting on a Plane? Please Take the Food Out of Your Bag]( • [U.S. secures 300 million doses of potential AstraZeneca COVID-19 vaccine]( • [U.S. senators urge Delta, JetBlue to restore employee hours]( • [Amazon trials online food delivery in India]( • [Brent at highest since March on U.S. stock draw, recovering demand]( • [Fed Chair Warns This Is a ‘Downturn Without Modern Precedent’]( • [Analysts Pitch Up to 1,000% Returns in Biotech Beyond Covid-19]( • [U.S. labor market struggles as layoffs spread despite businesses reopening]( • [Kudlow calls U.S.-China trade deal 'intact' but says Beijing must be held accountable over coronavirus]( • [Wall Street finishes down as U.S.-China tensions heighten trade deal worries]( S&P 500 MOVERS TOP LB 18.249% GPS 11.58% NCLH 9.781% CB 8.097% KSS 7.844% BOTTOM NOV 6.769% DXC 6.655% BSX 6.428% TTWO 5.891% AES 5.089% Quote of the Day In the interest of T.S.A. frontline workers and traveler health, T.S.A. is committed to making prudent changes to our screening processes to limit physical contact and increase physical distance as much as possible - David Pekoske, T.S.A. administrator, quoted by The New York Times Sponsored Content [Medical Marijuana: 5 Stocks You MUST Own Before More States Legalize]( With 93% of Americans now in favor of legalization ... President Trump saying: “I’m in favor of [medical marijuana] 100%”... and recent elections making marijuana legal in more than half of the United States — federal legalization is all but certain. But before medical marijuana becomes legal in all 50 states, setting the market up for a 4,067% surge, there are five stocks you MUST own for the biggest profits. [Click here now for more details.](  Not sure the best way to get started? Follow these simple steps to hit the ground running. › Step #1 - Get These FREE Reports: [Warren Buffett's Top 5 Stocks]( | [10 Great Stocks Under $10]( | [7 High Yield Dividend Stocks](  › Step #2 - Join Our Premium Advisories: [The Next Superstock]( | [Triple Digit Returns]( | [Options Cash Cow](  › Step #3 - Connect With The Community: [Trading Tips Official Facebook Group](      Nothing in this email should be considered personalized financial advice. 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