Good Morning. I have to say, itâs good to have a long weekend and itâs even better to celebrate an..
Itâs the monthly jobs numbers today and theyâre not going to be pretty and will be possibly the tip of the iceberg as we head into May.
[Trading Tips]
Good morning. I have to say, itâs good to have a long weekend and itâs even better to celebrate an amazing event in our countryâs history and world history.
While not perfect, because nothing is, the Declaration of Independence set the stage for this great nation by saying âall men are created equal.â At a time of so much rife, I hope this is something that everyone can rally around and find agreement.
Now hereâs the rest of the news:
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MARKETS
DOW 25,827.36 +0.36%
S&P 3,031.01 +0.45%
NASDAQ 10,207.63 +0.52%
*As of market close
⢠Stocks rose yesterday, as the Nasdaq 100 hit a new all-time high.
⢠Oil rose 1.26%, as it posted its second weekly gain in three weeks.
⢠Gold rose 0.44%, as some analysts eye a $2000 gold price.
⢠Cryptocurrencies traded lower, with Bitcoin finishing 3.99% lower closing at $9275.
Todayâs TOP TIPS
[6 EV Companies that had a Blowout Quarter](
This week closed the second quarter and the market showed a resilience with you wouldnât have thought was possible in mid-March. The S&P 500 posted the best 100-day performance in over 90 years. Pretty crazy when you put it in that perspective. If you look at the best performing industry group over the past 3 months, it is Motor Vehicles with electric vehicles specifically leading the way. This week saw that trend reemerge.
» [FULL STORY](
[As COVID Cases Surge, the Option Market Sees Bearish Opportunities: Carnival Corp Stock (NYSE: CCL)](
There are a few industries that are in an impossible situation in the current environment with increasing COVID-19 cases and, more importantly, a desire to increase restrictions. Its restrictions set by governors that have placed a lot of uncertainty for cruise lines, theme parks, and airlines. One company that is talked about frequently in regard to policy is Carnival Corp (NYSE: CCL). Analysts and now the options market are downgrading their expectations.
» [FULL STORY](
[June Tally of Insider Selling has this Company Near the Top: Crowdstrike Holdings Inc (NASDAQ: CRWD)](
Crowdstrike Holdings is an endpoint protection company that is delivered through the cloud. Itâs only been a couple weeks since the company posted a 52-week high close and on Thursday it posted the highest closing price in its history. Looking at the continued large selling of insiders, it appears that the price is on a lofty perch with huge downside potential.
» [FULL STORY](
IN OTHER NEWS
⢠[Fed balance sheet shrinks further, and still no Main Street loans](
⢠[Stocks jump after June jobs data smash expectations](
⢠[Fed balance sheet at 7-week low as forex swaps keep dropping](
⢠[Blistering Nasdaq Momentum Is Approaching Dot-Com Escape Speed](
⢠[Stocks rise after better-than-expected jobs report to close out winning week](
⢠[Stocks Pare Gains as Virus Angst Offsets Jobs Data: Markets Wrap](
⢠[U.S. stock funds shed $4.6 billion in week: Lipper](
⢠[U.S dollar gains on worries about resurgent coronavirus pandemic](
⢠[Wall Street shifts bets to big pharma as COVID-19 vaccine race progresses](
⢠[Tesla shatters Wall Street delivery projections despite coronavirus closure](
S&P 500 MOVERS
TOP
NBL 7.788%
AKAM 6.386%
FTI 5.355%
FANG 4.95%
WYNN 4.784%
BOTTOM
DISH 4.52%
CCL 2.934%
NCLH 2.741%
VTR 2.688%
RCL 2.597%
Quote of the Day
Thereâs a disconnect there, when you look at the the two numbersâ¦It does show you there is some distortion in the data ... I donât think the true underlying picture of the labor market will be clear for several months.
- Megan Horneman, director of portfolio strategy at Verdence Capital Advisors, quoted by CNBC
Sponsored Content
[Americaâs No. 1 Stock Trades Under a Code Name](
Five hundred miles outside of Silicon Valley, this obscure company is about to unleash a radical technology worth more than $10 trillion. Itâs so obscure, in fact, that it trades under a code name. But 77 million Americans are about to get their hands on this tiny companyâs groundbreaking technology. And some investors could make a small fortune.
[Click HERE to get all of the details before this tech goes mainstream..](
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