☝️ Stocks, Unemployment, and Home Sales Rise

Good morning. Unemployment claims ticked up for the first time in five weeks on Thursday.

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. Unemployment claims ticked up for the first time in five weeks on Thursday. Home sales also rose. Typically, those two data points would seem at odds with each other. But the nature of the Covid-19 crisis has been one that's benefitted asset owners—whether in stocks or homes—while hitting the job market hard. That's why it's important to stay invested and to take advantage of the market's swings. By doing so, it can help to offset the challenges that the labor market faces amidst a potential second round of pandemic closures. Now here's the rest of the news: Sponsored Content The One Commodity Elon Musk Needs More and More. Tesla craves lithium and Musk wants a private supply…he could look to a famous triangle to fulfill Tesla's insatiable demand. Through all the noise, this lithium company is onto something good. MARKETS DOW 29,482.97 +0.15% S&P 3,581.86 +0.39% NASDAQ 11,904.71 +0.87% *As of market close • Stocks drifted higher Wednesday, reversing morning losses. • Oil rose 0.2 percent, closing at $41.91 per barrel. • Gold declined 0.5 percent, closing at $1,865 per ounce. • Cryptocurrencies mostly traded sideways, with Bitcoin last changing hands at $18,005. Today's TOP TIPS One Data Point Showing the Top Chip Stocks Today Different companies in different sectors of the market are measured best by different metrics. A restaurant may look at turnover, or how many times it can seat customers at tables every day. In the tech space, innovation is key. And for the chipmaker stocks, innovation is ongoing and iterative. That's why spending on research and development (R&D) in the chipmaker space is on track to rise 6 percent in 2020, even with a stalled economy. » FULL STORY Insider Trading Report: Hercules Capital Inc (HTGC) Carol Foster, a director at Hercules Capital (HTGC) recently bought 3,850 shares. The buy increased her holdings by 30 percent, and came to a cost of just over $50,000. This is the first insider transaction of 2020, and the first insider buy since 2015. Foster previously sold some shares last year at a price near where the stock trades today. » FULL STORY Unusual Options Activity: Credit Suisse (CS) European bank Credit Suisse (CS) has seen its shares rise over the past few months. One trader sees an even bigger move ahead. That's based on the March 2021 $14 calls. Over 4,300 contracts traded yesterday against a prior interest of 213, for a 20-fold gain in volume. The call buyer paid about $0.30 for the calls, which would move in-the-money if shares rose about 15 percent. » FULL STORY IN OTHER NEWS • Jobless claims creep up for the first time since early October, hitting 742,000. • JPMorgan lays out the long-shot possibility of President Trump's re-election. • U.S. home sales rise to a 14-year high following a 4.3 percent climb. • Market volatility drops lower, but some big swings may still be on the horizon. • China borrows $4.7 billion in euro-denominated bonds at negative rates for the first time. • Norwegian Air files for bankruptcy protection. • Google will test end-to-end encryption in Android messages. • PayPal launches a crowdsourced fundraising platform. • In earnings, Nvidia beats on estimates thanks to a 57 percent rise in sales. • Copart beats on revenue and earnings estimates. S&P 500 MOVERS TOP LB 17.673% DVN 6.27% ZBRA 6.165% ETSY 5.897% MAC 5.862% BOTTOM RHI 4.666% BIDU 3.935% CNC 3.563% EL 3.356% ANTM 3.266% Quote of the Day It's quite amazing. Even if the home sales were to go down to 6 million, I would be happy. The surge in sales in recent months has now offset the spring market losses. With news that a COVID-19 vaccine will soon be available, and with mortgage rates projected to hover around 3% in 2021, I expect the market's growth to continue into 2021. - Lawrence Yun, chief economist of the NAR, on the strong home sales and why the trend is likely to continue into the next year. Sponsored Content All This Bad News Has Hidden Some Great News This aggressive, young lithium miner's vast new discovery won't stay a secret much longer and the growing, lithium supply shortage is a big opportunity for early investors. Read the FREE Report Here. 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. 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