😲 Will This Supply Shortage Finally Break the Market? 😲

Good morning. For a few weeks, a number of traders have quietly been pushing the idea that oil... It’s the monthly jobs numbers today and they’re not going to be pretty and will be possibly the tip of the iceberg as we head into May. [Trading Tips] Good morning. For a few weeks, a number of traders have quietly been pushing the idea that oil could once again trade as high as $100 per barrel, a price last seen around 2014. Late in that year, members of OPEC decided to maximize their production to push prices lower and drive US shale production out of business. That resulted in a major drop in oil prices as low as $20 per barrel before rebounding. Today, OPEC is looking more fragmented as members disagree on production going forward. A failed meeting between the cartel on increasing production sounds like it could lead to higher prices. But the higher oil prices get, the more tempting it is for individual members to cheat on their quotas. For now, the uptrend is likely to continue, and higher oil prices can put a damper on economic activity. This may be the one supply shortage that can definitively stall out the global economy and market rally. Now here's the rest of the news: Sponsored Content [Is Biden About to Ban Bitcoin?]( Bitcoin could crash soon. And even if you don’t have a penny in cryptos YOU are going to feel the impact.  The government is so afraid of cryptocurrency that some worry Biden will ban Bitcoin using a “backdoor” approach. Investors who know what to do could grow their money 60-fold in the months ahead. [Get details HERE.]( MARKETS DOW 34,787.93 +0.45% S&P 4,352.41 +0.75% NASDAQ 14,639.33 +0.81% *As of market close • Stocks closed mixed after the holiday weekend, with all indices closing at their highs of the day. • Oil dropped 1.9 percent, closing at $73.76 per barrel. • Gold rallied 0.8 percent, last trading at $1,797 per ounce. • Cryptocurrencies traded slightly higher, with Bitcoin at $34,099 at the stock market close. Today’s TOP TIPS [A New CEO Could Break this Stock Out of Its Stuck Range]( There’s nothing wrong with a company trading in a range, moving up a little and down a little, but mostly unchanged over time. But investors who look for catalysts can likely find hints as to whether a company will break out of its range higher or lower. Right now, one range-bound stock is also one of the biggest out there. » [FULL STORY]( [Insider Trading Report: First United Corp (FUNC)]( Christy DiPietro, a director at First United Corp (FUNC) recently bought 3,000 shares. The buy increased her sake by 136 percent, and came to a total purchase price of just under $55,000. Company insiders have been repeated buyers throughout the year, albeit in small lots of as few as 11 shares. This is the largest buy year to date following a 2,100 share buy from another director in March. The last insider sale was in December 2020, albeit for a single share. » [FULL STORY]( [Unusual Options Activity: Keurig Dr Pepper (KDP)]( Shares of beverage firm Keurig Dr Pepper (KDP) have been trading in a narrow range over the past few months. One trader sees the potential for a further move higher in shares in the coming months. That’s based on two different option trades with unusual activity. The most interesting is the October $36 calls. With about 100 days until expiration, over 10,912 contracts traded, a 70-fold jump in volume from the prior open interest of 157 contracts. » [FULL STORY]( IN OTHER NEWS • [Oil Tops Six-Year High on Collapsing OPEC+ Meeting]( The recent OPEC+ meeting collapsed without a deal on increased production numbers, resulting in a price of oil topping $77 per barrel in pre-market trading. That marks a six-year high for oil prices. However, in regular trading prices came down slightly, as the failed meeting suggests that individual members might produce oil beyond their official commitments. • [China Targets Overseas Listed Firms Following Didi Probe]( Chinese regulators say that they will be intensifying their scrutiny of technology companies in the months ahead. The move comes as ride-sharing firm Didi (DIDI) has come under scrutiny, following its recent IPO. The regulations would extend to how data security, border flows, and other confidential information is stored and managed. • [Retailers Look to Tackle Closed Fitting Rooms and Higher Returns]( While most retailers are open for in-store business, fitting rooms for many clothing and footwear outlets remain closed. That’s resulted in a surge of returns, with over 42 percent of consumers returning unwanted products. Returns eat into company profitability, so retailers are looking for technological solutions to better help customers with a virtual shopping experience. • [Iceland Reports Success with Shorter Workweek]( Between 2015 and 2019, a number of public sector employees in Iceland have been working under a 35–36-hour workweek, down from 40. The initial results of the trial report maintained or even increased productivity while also increasing work-life balance. The country has now rolled out the program nationwide, with 86 percent of the population now working shorter hours. • [Pine Labs Raises $600 Million at $3 Billion Valuation]( Asian merchant commerce platform Pine Labs has raised $600 million, with a valuation that values the firm at $3 billion. The company operates a payments terminal system that’s connected to the cloud and offers a suite of software as well. Early investors have included PayPal (PYPL) and MasterCard (MA). S&P 500 MOVERS TOP AMG 6.964% AMZN 4.693% GNRC 3.408% ZM 3.145% AMBD 3.057% BOTTOM FANG 7.026% HAL 6.518% OXY 6.354% NOV 6.314% MAC 5.989% Quote of the Day Our base case is that rates drift higher, but in order to that get that move higher you need a catalyst to get there. Either the Fed has to move forward aggressively on tapering, or you have to get the data really rocking, and you don’t have either. - Brian Daingerfield, head of G10 FX strategy Americas at NatWest Markets, on why the stock market is likely to continue to drift higher, and why the next catalyst for a drop will likely result from the Federal Reserve. Sponsored Content [Is Biden About to Ban Bitcoin?]( Bitcoin could crash soon. And even if you don’t have a penny in cryptos YOU are going to feel the impact.  The government is so afraid of cryptocurrency that some worry Biden will ban Bitcoin using a “backdoor” approach. Investors who know what to do could grow their money 60-fold in the months ahead. [Get details HERE.]( 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 Advisory: [The Next Superstock]( › Step #3 - Claim Your Free Copy Of: [Big Book Of Chart Patterns]( | [How to Trade Weekly Options For Weekly Income]( 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