Tuesday, November 24, 2020

🎄 The Holiday Season Kickoff Has Arrived

Good morning. From the rising number of early holiday decorations out, it's clear that folks are..
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. From the rising number of early holiday decorations out, it's clear that folks are ready to change things up. That's party from spending so much time at home this year. That early holiday cheer is clearly on display in the markets as well.

The kickoff season tends to be good for stocks. It can be better for some areas, such as retail. It tends to be seasonally a bit worse for other areas, such as oil, given a drop in driving trends. No doubt this year will have its own unique twists. But it's clear that everyone is ready for the good cheer of the holiday season this year.


Now here's the rest of the news:

Sponsored Content
The Shocking Investment Secret Inside Former Politician's Laptop
This former Tea Party figurehead opened up her laptop on camera and revealed the secret she is using to make bigger gains than most investment experts.

Click here to see all the details.


MARKETS
DOW 29,591.27 +1.12%
S&P 3,577.60 +0.56%
NASDAQ 11,880.63 +0.22%
*As of market close
Stocks rallied on Monday, on a third Covid vaccine and the unofficial start of the holidays.
Oil rallied 1.2 percent, closing at $42.94 per barrel.
Gold declined 2 percent, sliding to $1,833 per ounce.
Cryptocurrencies traded mixed, with Bitcoin last changing hands at $18,343.

Today's TOP TIPS
Why One Mall-Based Retailer May Rally from Here
Retail companies have had a tough year. Big-box stores and companies in the e-commerce space have zoomed ahead of other players. Companies that rely on in-store sales and foot traffic, such as stores at malls, have fallen by the wayside.

Yet with earnings season underway, and with the economy trending up again, a few names in the mall-based space are starting to look attractive. One bank even brazenly upgraded one such name right before it reported earnings!

» FULL STORY

Insider Trading Report: Bryn Mawr Bank (BMTC)
Michael LaPlante, Chief Accounting Officer at Bryn Mawr Bank (BMTC) recently picked up 1,500 shares. That represented his initial purchase of company shares. The buy came to just over $45,000.

This follows on a buy the day before from the company CFO, who picked up 3,000 shares. That increased his stake to over 18,230 shares, and came to a price of just over $91,000. Insider data shows that insiders have only been buyers in the past year.

» FULL STORY

Unusual Options Activity: Bed Bath & Beyond (BBBY)
At least one trader is betting on a rally in Bed Bath & Beyond (BBBY) around the Black Friday holiday. That's based on the December 4th $21 call option. Expiring in 10 days, the option saw over 6,850 contracts trade against a prior open interest of 214, for a 32-fold rise in volume.

The buyer of the calls paid about $0.84 per contract. With shares just over $21, this is an at-the-money trade. The buyer will make a profit as long as shares are over $21.84 on December 4th.

» FULL STORY

IN OTHER NEWS
Oxford University and AstraZeneca release the Phase 3 results of their Covid-19 vaccine.
Global dividends have dropped to 2016 levels, down 14.3 percent from a year ago.
Israel and Saudi Arabian leaders hold their first known meeting.
Zambia defaults on a $42.5 million Eurobond payment.
Weekend air travel hits a pre-pandemic peak ahead of Thanksgiving.
Music instrument retailer Guitar Center files for bankruptcy.
Cineworld obtains a $450 million loan allowing it to avoid bankruptcy.
Google and Disney team up for a Mandalorian-themed AR app.
Snap is launching Spotlight, a competitor to TikTok.
In earnings, Ross Stores handily beats expectations.

S&P 500 MOVERS
TOP
OXY 16.827%
M 15.028%
APA 12.413%
FANG 11.672%
EOG 10.994%
BOTTOM
NEM 4.818%
MKTX 4.803%
CTLT 3.416%
STE 3.353%
WST 3.164%

Quote of the Day
With three vaccines now showing efficacy at 90%+ and health officials in the U.S. and EU rushing to approve them, the vaccination process is set to commence before the end of the year. This vaccine optimism is more than offsetting the very grim near-term transmission/mitigation landscape as cases spike and governments take further action to curb the virus spread.
- Adam Crisafulli of Vital Knowledge, on why the markets are heading higher even as Covid cases rise and renewed lockdowns have emerged in some hotspots.

Sponsored Content
The Shocking Investment Secret Inside Former Politician's Laptop
This former Tea Party figurehead opened up her laptop on camera and revealed the secret she is using to make bigger gains than most investment experts.

Click here to see all the details.


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

Why are billionaires loading up on oil?

JP Morgan analysts have pegged the future price of oil at $380.............................................................................