[Charts] Rise of the Digital Nomads

You're receiving this email as part of your subscription to Trend Trader Daily. [Unsubscribe here](. [Charts] Rise of the Digital Nomads By Lou Basenese Friday, June 4, 2021 If you're new to the Trend Trader Daily Nation, here's the rundown... Each Friday, I embrace the adage that "a picture is worth a thousand words," and hand-select compelling charts to put important investment and economic news into perspective. All it takes is a quick glance — and you'll be up to speed and ready to profit. This week's charts edition is coming to you from sunny Rancho Santana, Nicaragua. Why? Because... Forget Work from Home, It's Work from Anywhere Whereas the pandemic upended the way most people work, I've always worked from home. Truth be told, as long as I have an internet connection, I can work from anywhere. And that's precisely what I've been doing this past week — vacationing with my kids and volunteering at [The Roberto Clemente Health Clinic](. And I'm not alone, apparently. Fresh data from social media site Reddit confirms an explosion in "digital nomads" — from about 10k people in years past, to over 1 million right now. click image to enlarge) And the more that internet connectivity continues to improve throughout the world, the more digital nomads we can expect. Bet on it! Speaking of work, more and more people are getting back to it... Hi Ho, Hi Ho, It's Back to Work We Go! This week, initial jobless claims fell below 400,000 for the first time since the early days of the pandemic. Big whoop, you say? Yes it is! As I've told you before, stocks love jobs. The more jobs the economy creates, and the fewer the number of initial jobless claims, the higher stocks go. Translation: The latest jobs data confirms this bull market still has room to run. Giddy up! click image to enlarge) FAANG's Out The natural impact of more people working is that they have less free time to Netflix and chill, which I told you would happen. Now the data prognosticators are coming around to this reality. As you can see below, eMarketer now predicts time spent on Netflix is going to stagnate. click image to enlarge) Translation? Look out below for Netflix and the FAANG trade, for that matter. Simply buying the group and betting on higher prices won't work anymore. Ahead of the tape, [Lou Basenese] Lou Basenese [Terms & Privacy](| [Unsubscribe]( 301 S. Perimeter Park Dr. Suite 100 Nashville, Tennessee 37211 RISK NOTICE: All investing comes with risk. That includes the investments teased in this letter. You should never invest more than you can afford to lose. Please use this research for the purpose that it's intended — as research only. You should consult a professional financial advisor before ever taking a position in any securities you see herein. SECURITY HOLDING NOTICE: Although we are never compensated from any companies for coverage, you should be aware that Trend Trader Daily, its authors, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. While authors might actively transact in the securities mentioned, they will always have a net position that is consistent with the position set forth in our research reports, letters and updates. DISCLAIMERS: The work included in this communication is based on diverse sources including SEC filings, current events, interviews, corporate press releases, and information published on funding platforms, but the views we express and the conclusions we reach are our own. As such, this content may contain errors, and any investments described in this content should be made only after reviewing the filings and/or financial statements of the company, and only after consulting with your investment advisor. Actual results may differ significantly from the results described herein. Furthermore, nothing published by Trend Trader Daily, Inc should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. Trend Trader Daily is an independent provider of education, information and research on publicly traded companies, and as such, it accepts no direct or indirect compensation from any companies or third parties mentioned in any of our letters, reports or updates. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -