👉 Markets Buoyant on Stimulus Hopes and Tightening Polls

Good morning. Stocks once again advanced and declined largely on pre-election stimulus talks.

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.

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Good morning. Stocks once again advanced and declined largely on pre-election stimulus talks. Even with a rising chance of there being no stimulus before the election, the market is still close enough to all-time highs that either outcome shouldn't move markets too much either way. On the political front, polling in swing states is starting to narrow. This either reflects that America is nearly evenly-divided between the two parties, or that pollsters want to hedge their bets in case of an unpredicted outcome reminiscent of 2016's polls. Traders should continue to expect wild swings no matter what polling numbers come out. Now here's the rest of the news: Sponsored Content FREE Report: Airbnb Plans Confidential IPO Airbnb will be the biggest IPO of 2020. Yet the company's planning a CONFIDENTIAL IPO. And it's designed to keep important details completely private. Top private equity firms aren't waiting for the IPO. They're scooping up shares right now. And my special report reveals urgent details. Click here to download the FREE report: Inside Airbnb's Confidential IPO. MARKETS DOW 28,308.43 +0.40% S&P 3,443.15 +0.47% NASDAQ 11,516.49 +0.33% *As of market close • Stocks rallied on Tuesday, but closed off the highs of the day. • Oil rose 1.6 percent, closing at $41.51 per barrel. • Gold advanced 0.1 percent, to $1,913 per ounce. • Cryptocurrencies advanced yet again, with Bitcoin topping $11,916. Today's TOP TIPS This Corner of the Entertainment Sector Gets an Upgrade There's an entertainment sector that was bigger than the movie box office before the pandemic. That industry? Video games. Over the years, the space has grown to include a number of publishers and sales in the billions. And it's a trend likely to continue. The space was just upgraded by MKM Partners, who sees further gains in the space as next generation consoles start to hit the markets. » FULL STORY Insider Trading Report: Carnival Corp (CCL) Richard Glasier, a director at Carnival Corp (CCL), recently picked up 10,000 shares. The purchase came to just over $140,000, and increased the director's stake by 23 percent. This marks the second insider buy of 2020, following a 1.25 million share buy from another director back in early April. Insiders were last sellers in 2019, at prices 70-75 percent higher than where shares currently trade. » FULL STORY Unusual Options Activity: UBS Group AG (UBS) Shares of Swiss bank UBS Group AG (UBS) had a decent day on Tuesday, as the bank reported its strongest third-quarter earnings in a decade. Traders see more upside ahead. That's shown by the 16-fold rise in volume on the August 2021 $12.50 calls. The options saw over 1,650 contracts trade against a prior interest of 101. The option is at-the-money, meaning the trade should rise dollar for dollar with any move higher in the bank's stock. » FULL STORY IN OTHER NEWS • The Justice Department files an antitrust lawsuit against Google. • Goldman Sachs will pay a $2.8 billion fine and admit wrongdoing to settle 1MDB charges. • Intel will sell its NAND business to SK Hynix in South Korea for $9 billion. • Microsoft partners with SpaceX to add Azure cloud functionality to Starlink. • Rents in San Francisco have dropped 31 percent as workers move to more affordable markets. • Theater chain AMC warns that bankruptcy is still on the table. • Lockheed Martin warns that lower military spending will slow sales. • In earnings, IBM reports a third straight quarter of declining revenue. • Grocery chain Albertson's reports better-than-expected numbers and raises guidance. • UBS beats on expectations, with its best third-quarter earnings in a decade. S&P 500 MOVERS TOP XEC 7.671% GM 6.747% APA 6.071% IQV 5.76% TRV 5.606% BOTTOM IBM 6.493% PM 5.794% ZM 5.511% SYF 5.055% PXD 4.044% Quote of the Day Over the next 24 hours ... arguably the most important issue to watch for is a resolution on fiscal stimulus. While markets might see this as less significant (since a deal is likely post-election day), it is a big deal for those Americans with expiring benefits. So, we think it is very important for Washington to get a deal done. - Tom Lee, head of research at Fundstrat Global Advisors, on why the market is paying attention to the ever-changing story on another round of economic stimulus. Sponsored Content [Download] Airbnb Private IPO Filing Private sources tell The Wall Street Journal… Airbnb plans a confidential IPO in 2020. And you could secure Pre-IPO shares before the stock even starts trading. These Pre-IPO gains are typically 5-times bigger than IPO profits. Do not wait for the IPO. Morgan Stanley and Goldman Sachs will NOT allow regular investors to get IPO shares. Click HERE to download your FREE report. 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. 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