Wednesday, November 25, 2020

🤗 Dow 30,000 Kicks Off the Holiday Season Early

Good morning. Stocks decided that positive vaccine news is more important than the economic..
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.
You're receiving this email because you are subscribed to Trading Tips,
if you no longer wish to receive these emails you can unsubscribe here.

Good morning. Stocks decided that positive vaccine news is more important than the economic restrictions occurring given the rising numbers of Covid-19 cases. In a typical year, the period from Thanksgiving to New Year's is one of the best times to be in the market. Stocks tend to head higher on light volume amidst holiday cheer.

It would be foolish to think that this year would follow that trend perfectly. But given that we just had a bear market in March, the odds of another massive pullback are unlikely. Tread lightly this holiday season, and look to the latest lockdown news as a clue for the market's next big swing. But so far, we're on track for a traditional year-end holiday rally.


Now here's the rest of the news:

Sponsored Content
He's CRUSHED the World's Greatest Investor for Nearly a Decade
Since 2012, Adam O'Dell has crushed the returns of the person most consider to be the greatest investor in history. Want to know his secret?

He'll reveal it to the first 250 people who request it today (click this link for more).


MARKETS
DOW 30,045.84 +1.54%
S&P 3,635.41 +1.62%
NASDAQ 12,036.79 +1.31%
*As of market close
Stocks rallied on Tuesday, with the Dow closing over 30,000 for the first time.
Oil surged 4.3 percent, closing at $44.92 per barrel.
Gold sank 1.8 percent, closing at $1,805 per ounce.
Cryptocurrencies continued their rally, with Bitcoin last trading at $19,001.

Today's TOP TIPS
This Social Media Giant Continues to Deliver Growth
Social media companies aren't going away. The internet platforms continue to vie for viewers, as that in turn leads to advertising dollars and revenues.

This big-buck business continues to find new ways to innovate. One such company is TikTok, which focuses on sharing short videos between users. Given the massive growth that platform has seen, it's no surprise that other companies are joining in… and why that makes them an attractive buy.

» FULL STORY

Insider Trading Report: Avis Budget Group (CAR)
SRS Investment Management bought 104,900 more shares of Avis Budget Group (CAR) recently. The buy upped the fund's stake by a mere 0.6 percent despite a cost of $3.6 million. That's thanks to the fund's 18.3 million share stake in the car rental firm.

This is the fund's third buy so far this month. The fund has been an active buyer all year, at prices as much as 40 percent lower than where shares currently trade.

» FULL STORY

Unusual Options Activity: Bloom Energy (BE)
At least one trader is betting that shares of alternative energy firm Bloom Energy (BE) will continue to trend higher in the next month. That's based on the 11,805 contracts that traded on the December 18th $23 calls. That's a 65-fold rise in volume from the prior interest of 181.

With shares trading just under $22, the stock would only need to rally about 5 percent for the options to move in-the-money.

» FULL STORY

IN OTHER NEWS
Former Federal Reserve Chairwoman Janet Yellen is tapped to be Joe Biden's Secretary of the Treasury.
Billionaire investors flock to Bitcoin as the cryptocurrency nears its old record.
Apple's security chief is indicted for alleged bribery.
SpaceX sets its sixteenth Starlink satellite launch.
Netflix commits $1 billion to building out a massive studio in Albuquerque, New Mexico.
This holiday season, Amazon pushes for in-store pickup to avoid delivery delays.
BlackRock buys Aperio for $1.05 billion, boosting assets under management by 30 percent.
GM pivots to green cars, no longer battling California over the state's fuel efficiency standards.
German may switch from diesel-powered trains to hydrogen-powered ones.
In earnings, Urban Outfitters beats expectations.

S&P 500 MOVERS
TOP
DLTR 14.076%
MOS 12.853%
CCL 11.276%
UAL 9.846%
AAL 9.292%
BOTTOM
BBY 6.965%
BIO 6.923%
HRL 5.637%
DLR 5.265%
CTLT 5.15%

Quote of the Day
There's so many outcomes that could have been worse for the banking sector. For me that was the real risk of that Treasury secretary appointment was you could get someone that was hawkish on the banking sector. …I think she's a pretty benign outcome for the banking sector. When we've had problems with that position in the past, in both Republican and Democratic administrations, it's been when there were people who didn't understand economics and taxes.
- Barry Knapp, director of research for Ironsides Macroeconomics, on why former Federal Reserve Chairwoman Janet Yellen would be an effective Treasury Secretary, focusing on policy issues over politics.

Sponsored Content
He's CRUSHED the World's Greatest Investor for Nearly a Decade
Since 2012, Adam O'Dell has crushed the returns of the person most consider to be the greatest investor in history. Want to know his secret?

He'll reveal it to the first 250 people who request it today (click this link for more).


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 - 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 edwardlorilla1986.paxforex@blogger.com by editor@tradingtips.com

TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405

Manage Subscriptionsreport SPAM


 

No comments:

Post a Comment

Welcome to Bernie Schaeffer's Award-Winning Option Advisor

Congratulations! By signing up for Option Advisor, you just took the first step towards becoming a successful trader and pot...