Good morning. 2020 was a banner year for green energy, with investors piling into projects...
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. 2020 was a banner year for green energy, with investors piling into projects. But the world canât quickly move away from fossil fuels, which still make up most of the energy in use today. However, that change is still happening. More importantly, itâs happening faster than many companies responsible for making the change have thought possible. ExxonMobil (XOM), one of the largest hydrocarbon players, just reported that it will hit its emissions goals a full 4 years early. Instead of waiting until 2025, this year will mark the companyâs first goalpost to reduce greenhouse gas emissions by 20 percent. The company will likely continue with its shift, while also still booking a profit as the world still needs oil and gas. Now here's the rest of the news: Sponsored Content [NowRxâs share price has increased 1650% since 2016 - Get in on the growth.]( Traditional pharmacies can be a headache (oh, the irony). Thatâs why [NowRx]( has rebuilt the retail pharmacy experience to be more convenient, personalized, and hassle-free for customers â and their potential is growing quickly. The same-day delivery pharmacy is on pace to surpass $22M in revenue and with their newest telehealth product growing 73% MoM, the time to invest has never been better! Oh â and did we mention that retail pharmacy is a $480B industry? Thereâs no better time to invest. [Check out NowRx for yourself and invest today.]( MARKETS DOW 34,022.04 -1.34% S&P 4,513.04 -1.18% NASDAQ 15,254.05 -1.83% *As of market close ⢠Markets flipped from gains to losses Wednesday, as an Omicron case was reported in the US. ⢠Oil dipped 1.3 percent, closing at $65.35 per barrel. ⢠Gold rose 0.2 percent, last trading at $1,780 per ounce. ⢠Cryptocurrencies traded down, with Bitcoin going for $56,828 at the market close. Todayâs TOP TIPS [Strong Earnings but Mixed Guidance Create a Buying Opportunity in Tech Once Again]( Itâs no surprise why investors love tech stocks. Their ability to outperform the rest of the stock market can help boost portfolio returns and create life-changing wealth. But thereâs a downside. Traders who buy at the wrong time and get caught up in short-term volatility sometimes have to deal with losses until the next move higher. That can be painful, at least in the short-term. » [FULL STORY]( [Insider Trading Report: PennyMac Financial Services (PFSI)]( Farhad Nanji, a director at PennyMac Financial Services (PFSI), recently added 160,854 shares to his holdings. The buy increased his stake by just over 4 percent, and came to a total purchase price of $10.45 million. This follows up from a buy from the director a week before, in the amount of 282,872 shares, an $18.2 million buy. Going further back, there is a mix of insider buys and sales, with more buys from directors and sales largely from insiders. » [FULL STORY]( [Unusual Options Activity: BridgeBio Pharma (BBIO)]( Shares of biotech firm BridgeBio Pharma (BBIO) have been trending down in the past year, with a big decline recently. However, one trader sees a rebound in shares in the weeks ahead. Thatâs based on the January $75 call options. With 50 days until expiration, over 11,795 contracts traded against a prior open interest of 119, for a 100-fold surge in volume. The buyer of the calls paid $2.22 to make the trade. » [FULL STORY]( IN OTHER NEWS ⢠[CEO Survey Shows Optimism Over Next Six Months]( A survey of company CEOS indicate that the economy is likely to expand over the next six months. Strong consumer demand is sparking a wave of CEO optimism, with company executives seeing growth in hiring, sales, and capital investment. The survey was taken before the latest Covid variant came out, but still points a strong picture of a recovering economy. ⢠[Biden Admin Prepares Travel Restrictions Due to Omicron]( President Biden is issuing travel restrictions to travelers from some African countries experiencing the worst outbreak of the Omicron variant. Restrictions will include a negative Covid-19 test prior to travel, and the list may expand in the weeks to come, potentially putting a pinch on international travel. ⢠[Toys âRâ Us Prepares New Store]( One year after plans to reopen a physical store failed, Toys âRâ Us will be opening a 20,000 square foot location at the American Dream mall in New Jersey in mid-December. The two-story locale will feature a slide and ice cream parlor in addition to toys. ⢠[AWS Launches New Storage Services]( Amazon (AMZN) Web Services has announced four new storage services, designed to better help customers manage their data (and costs) for using the cloud. That includes a service for quickly accessing archived data, moving data on-site more quickly, and other features likely to retain and increase the total customers of AWS. ⢠[Nuclear Fusion Startup Raises $1.8 Billion]( A startup working on nuclear fusion technology has raised $1.8 billion, including capital from billionaires Bill Gates and George Soros. Fusion energy is technically possible, and could eliminate the waste of current nuclear power plants if achieved. S&P 500 MOVERS TOP VRTX 8.781% HPQ 4.649% AMAT 4.613% LEN 4.369% LRCX 3.66% BOTTOM CRM 11.468% MRNA 10.85% NCLH 7.278% AAL 7.033% NOW 6.827% Quote of the Day Markets appear to be having trouble digesting the combo of elevated uncertainty around the impact of the Omicron variant and a hawkish Fed pivot in the context of persistently elevated inflation. - Gregory Daco, chief U.S. economist at Oxford Economics, on why the market may be volatile for the next few trading sessions as it tries to digest news that could indicate a threat to the economy while also dealing with an event that points to strength in the economy. Sponsored Content [NowRxâs share price has increased 1650% since 2016 - Get in on the growth.]( Traditional pharmacies can be a headache (oh, the irony). Thatâs why [NowRx]( has rebuilt the retail pharmacy experience to be more convenient, personalized, and hassle-free for customers â and their potential is growing quickly. The same-day delivery pharmacy is on pace to surpass $22M in revenue and with their newest telehealth product growing 73% MoM, the time to invest has never been better! Oh â and did we mention that retail pharmacy is a $480B industry? Thereâs no better time to invest. [Check out NowRx for yourself and invest today.](
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