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👌Meme Traders Have a Fever for This Commodity👌

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tradingtips.com

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editor@tradingtips.com

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Fri, Sep 24, 2021 11:36 AM

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Good morning. Uranium fever is back in the markets. Periodically, the commodity used for... It’

Good morning. Uranium fever is back in the markets. Periodically, the commodity used for... 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. Uranium fever is back in the markets. Periodically, the commodity used for nuclear power comes into the public’s mind. While the commodity isn’t directly traded like oil or copper, its price is determined by contracts between power companies and uranium miners. That makes the market somewhat inefficient, and easy to see when the market is tight. Now is one such time, and interest in uranium trading is growing on a number of platforms dominated by meme traders. On a supply and demand basis, they’re right, as we’ve already seen in recent months with unusual options activity in a number of uranium producers. But with meme investors piling into the trade, it may be prudent to take some short-term profits here. Now here's the rest of the news: Sponsored Content [Urgent New Crypto Alert – BUY BUY]( Silicon Valley millionaire Jeff Brown called it in 2014, when he first bought Bitcoin. In 2015, he called it again, when he publicly recommended Bitcoin at $240... In 2016, he recommended Nvidia at $25... before it hit $799... and he predicted the #1 returning tech stock in 4 years out of 5... In 2017, he called it again – when he recommended Bitcoin again along with two other cryptocurrencies, which have since soared as high as 924.3%... Now he believes THIS could be his most profitable public recommendation to date! [Click here for the full details on his urgent new buy alert before it expires.]( MARKETS DOW 34,235.01 +0.93% S&P 4,393.19 +0.90% NASDAQ 14,896.85 +1.02% *As of market close • Stocks moved higher again on Thursday, after digesting higher-than-expected jobless claims. • Oil rose 1.3 percent, closing at $73.19 per barrel. • Gold declined 1.7 percent, last going for $1,748 per ounce. • Cryptocurrencies moved higher, with Bitcoin at $44,779 at the stock market close. Today’s TOP TIPS [This Slowly Recovering Industry May Continue to Surprise to the Upside]( Many industries have moved on from the pandemic. For those in travel and tourism, however, trends still remain far under pre-pandemic levels. However, the trend is improving, albeit slowly. One such sector that’s continuing to recover is the cruise industry. Completely shut down for nearly a year, the slow resumption of cruises in the post-pandemic era is a true sign as to whether or not large, confined crowds can come together without creating health scares. » [FULL STORY]( [Insider Trading Report: The AES Corp (AES)]( Maura Shaughnessy, a director at The AES Corp (AES) recently picked up 30,000 more shares. The buy increased her stake by nearly 70 percent, and came to a total cost of just under $714,000. This marks the first insider buy at the company since June 2020, and a buy as shares have pulled back from recent highs. Three company employees sold shares back in August, with the total size of those sales far exceeding this insider buy. » [FULL STORY]( [Unusual Options Activity: Salesforce.com (CRM)]( Shares of cloud provider Salesforce.com (CRM) jumped higher on Thursday following solid earnings and a bullish full-year outlook. One trader sees the possibility for a move higher in the coming weeks. That’s based on the October 29 $280 calls. With 35 days until expiration, over 2,200 contracts traded, a 22-fold rise in volume from the prior open interest of 101 contracts. The buyer of the calls paid $4.98 to make the trade. » [FULL STORY]( IN OTHER NEWS • [Chinese Officials Warn for “Possible Storm” of Evergrande Demise]( Chinese officials are warning local governments that Evergrande Group may potentially go bankrupt, and that they may need to step in last minute to handle the aftermath of such an occurrence. Some see the warning as a sign that China will only go so far to bail-out the property developer, and that there may be more economic and social trouble in China ahead. • [Lumber Prices Start to Rebound After Poor Quarter]( Lumber prices remain volatile. After a major rally at the start of the year, the commodity has since pulled back. It’s now one of the largest declining asset classes this quarter, but the price has started to move higher in the past month. Given strong housing and construction demand, further price gains may be likely for the commodity in the months ahead. • [Apple Keeps Fortnite out of App Store]( Amid a lawsuit with Epic Games, owner of Fortnite, Apple (AAPL) states that the popular game won’t be allowed back on the App Store until its legal battle is fully concluded. That could leave the game off of the App Store, and therefore off of iPhones, for several years. • [Auto Industry to Take $210 Billion Hit from Chip Shortage This Year]( A new estimate is that 7.7 million auto units won’t be produced this year thanks to the semiconductor chip shortage this year. That’s up from 3.9 million in May. That also means that instead of losing out on $110 billion in potential revenue, the automotive sector is losing out on $210 billion from the chip shortage, which now may last into 2024. • [Bigeye Raised $45 Million in Series B Funding]( Bigeye, a platform that recommends and monitors data quality for firms, has raised $45 million in Series B funding. That comes just six months after raising $17 million in a Series A round. The company has reported that its user base had doubled in each of the last four quarters, putting it well on the way to reaching unicorn status. S&P 500 MOVERS TOP DVN 8.039% CRM 7.361% APA 7.281% SLB 6.74% DRI 6.313% BOTTOM DLR 2.984% ETR 2.916% RMB 1.924% CCI 1.639% SRE 1.518% Quote of the Day The Fed struck a positive tone, acknowledging that the economy is strong enough to stand on its own two feet and the central bank can begin removing the monetary stimulus that they’ve been providing since the beginning of the Covid crisis. - Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, on the Fed meeting this week and why the market may continue to run higher even as the Fed starts weaning off its monetary stimulus in the months ahead. Sponsored Content [Urgent New Crypto Alert – BUY BUY]( Silicon Valley millionaire Jeff Brown called it in 2014, when he first bought Bitcoin. In 2015, he called it again, when he publicly recommended Bitcoin at $240... In 2016, he recommended Nvidia at $25... before it hit $799... and he predicted the #1 returning tech stock in 4 years out of 5... In 2017, he called it again – when he recommended Bitcoin again along with two other cryptocurrencies, which have since soared as high as 924.3%... Now he believes THIS could be his most profitable public recommendation to date! [Click here for the full details on his urgent new buy alert before it expires.]( 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]( We just wanted to take a moment and say thank you so much for being part of our family! We are dedicated to teaching people how to make the world a better place so we can all thrive, together. We love sharing stories and featuring past learners who have applied our teachings and changed their situations. It’s our passion to build a strong community centered around fun and mindset! We love to discover extraordinary and useful tools and share them with the world! We create a space where people can discover how to enjoy their lives by simply choosing to learn. Every day we are building and strengthening partnerships with our customers and clients and we do so in the most ethical way possible. We particularly love working with artisans, makers, and small businesses because through their passion and their craft they help make the world a better place.. Without all of you we wouldn't be able to do what we do on a daily basis and for that we say thank you. We've been living our dream for many years now and that wouldn't be possible without every single one of you. The idea of going from a typical nine to five life to a life of freedom doesn’t seem real to most people, but we want you to know it is definitely possible. We’ve done it. You have the power to control your life, your actions, and what you choose to focus on. We’re here to help you along that journey to achieve whatever goals you set out for yourself. However, we also care about keeping you and your privacy safe. We are committed to advising you of the right to your privacy. We strive to provide a safe and secure user experience. Our Privacy Policy explains how we collect, store and use personal information, provided by you on our website. It also explains how we collect and use non-personal information. By accessing and using our website, you explicitly accept, without limitation or qualification, the collection, use and transfer of the personal information and non-personal information in the manner described in this Privacy Policy. Please read this Policy carefully, as it affects your rights and liabilities under the law. If you disagree with the way we collect and process personal and non-personal information, please do not use this website. This Policy applies to this website as well as all webpages Company hosts. It regulates the processing of information relating to you and grants both of us various rights with respect to your personal data. It also informs you of how to notify us to stop using your personal information. We are located in the United States of America. You may be located in a country that has laws which are more restrictive about the collection and use of your personal information. However, by using our website, you agree to waive the more restrictive laws and agree to be governed by the laws of the United States of America. If you wish to view our privacy policy, you can find it below. Nothing in this email should be considered personalized financial advice. 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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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