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😷 COVID therapy proves therapeutic for bulls

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tradingtips.com

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editor@tradingtips.com

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Mon, Jul 13, 2020 11:47 AM

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Good Morning. The market finished last week on a high note as Gilead’s remdesivir trial data..

Good Morning. The market finished last week on a high note as Gilead’s remdesivir trial data.. 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. The market finished last week on a high note as Gilead’s remdesivir trial data appeared to lift the spirits of aging bulls. While not a vaccine, the ability to treat patients and lessen the impact helps limit the stress on hospitals and will continue to lower the fatality rate. This is good news for the areas most greatly impacted by restrictions. Now here’s the rest of the news: Sponsored Content [The Top 5G Stocks to Buy Now]( FREE Report: This new tech will be more impactful than the steam engine, electricity and the internet. [Click here to get the names of the stocks that are URGENT buys.]( MARKETS DOW 26,075.30 +1.44% S&P 3,185.04 +1.05% NASDAQ 10,617.45 +0.66% *As of market close • Stocks rose yesterday, as Gilead’s remdesivir news. • Oil rose 2.35%, as outlook for demand improves on COVID therapy. • Gold fell 0.11%, as investors moved away from safety as the market advanced. • Cryptocurrencies traded higher, with Bitcoin finishing 0.27% higher closing at $9280. Today’s TOP TIPS [3 Stocks Setup to Make Big Moves]( Too often, people find themselves focusing on stocks that have already moved significantly for opportunities. There’s always the chance that they can keep moving and, in this market, it is something that has done well. However, with each advance the risk and reward relationship get more lopsided. You end up risking more for every dollar of potential gain with every advance. The focus of this post is to identify companies that are about to make big moves. » [FULL STORY]( [The Options Market Just Put Up an Inflation Signal: iShares Barclays TIPS Bond ETF (NYSEARCA: TIP)]( The very first auction of Treasury Inflation-Protected Securities (TIPS) occurred in 1997. That was at a point where the Asian financial crisis and just before Lon-Term Capital Management went down. The Federal Reserve was about to ramp up its monetary printing, called the “Fed Put.” One way to trade TIPS is through the iShares Barclays TIPS Bond ETF (NYSEARCA: TIP) and option traders have been making significant bullish bets the past two days. » [FULL STORY]( [Insiders Signaling a Potential Trend Reversal: Switch Inc Stock (NYSE: SWCH)]( Switch Inc Stock (NYSE: SWCH) is an information technology services company to technology and digital media companies. The stock price had been rising quickly off its March low as it rallied from around $10.50 to over $19. However, since late April the company has been struggling to advance. The resulting range that has been forming has seen the price fluctuate between $17 to $19 may be indicating a reversal. As the price nears resistance, insiders have been selling shares over the past couple months. » [FULL STORY]( IN OTHER NEWS • [Wells Fargo names new head of mortgage]( • [Stock market news live updates: Stocks mostly lower after Nasdaq sets record high]( • [Oil futures retreat from a 4-month high, pulling U.S. prices back below $40 a barrel]( • [U.S. Supreme Court to weigh shareholder suit over Fannie Mae, Freddie Mac]( • [PRECIOUS-Gold's rally loses steam as investors drift towards dollar]( • [TREASURIES-Yields fall as 30-year bond auction shows strong demand]( • [Gold futures ease back from a 9-year high, but hold above $1,800 an ounce]( • [New York Zoos and Aquarium Plan to Open this Month]( • [Here’s what happened to the stock market on Thursday]( • [U.S. recovery in limbo as retail traffic falls in virus hot spots]( S&P 500 MOVERS TOP CCL 10.837% TSLA 10.785% RCL 9.868% MPC 8.546% UAL 8.286% BOTTOM MHK 3.624% SNPS 3.197% REGN 3.086% INCY 2.883% PYPL 2.636% Quote of the Day A mismanaged health crisis across many states means short-term gains will transform into medium-term sluggishness as social distancing relaxation is reversed and virus fear lingers…It’s now evident that the economy is entering Q3 (third quarter) with much less momentum than previously anticipated. - Gregory Daco, chief U.S. economist at Oxford Economics, quoted by Reuters Sponsored Content [Trade Alert - 6 Tech Stocks That Could Double]( I've uncovered six must-own tech stocks about to put old school Silicon Valley names to shame. They are located from Boston to Israel to Beijing. They cover a wide-range of businesses including cybersecurity to 5G telecommunications to cashless payments. And they are backed up by REAL profits. [Find out their names now -- FREE!]( 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. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions. As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.  This email was sent to {EMAIL} by editor@tradingtips.com TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405 [Manage Subscriptions]( | [report SPAM]( Â

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