Good morning. November's explosive rally higher is clearly over. From some down days for stocks to..
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. | | | | |
| | | | DOW 29,969.52 | +0.29% | | | | S&P 3,666.71 | -0.06% | | | | NASDAQ 12,377.18 | +0.23% | | | | *As of market close | | • | Stocks traded mixed on Thursday, as Pfizer reported supply chain issues for its Covid vaccine. | | • | Oil prices rose 0.5 percent, closing at $45.50 per barrel. | | • | Gold rallied 0.8 percent, closing at $1,845 per ounce. | | • | Cryptocurrencies generally rose, with Bitcoin closing at $19,354. | | | | | | | | Short-Term Thinking Creates a Buying Opportunity in this Retail Giant | | | | Many retail firms will report numbers monthly, not just quarterly. That allows traders to see what's happening much faster than a quarterly earnings report. Even better, for a company showing tremendous growth, it can give investors a reason to stay invested ahead of earnings. But sometimes Wall Street gets overly excited—or depressed—about a company. When that happens, it can create a short-term disconnect on a company and create a trading opportunity.
» FULL STORY | | | | | | Insider Trading Report: Beazer Homes (BZH) | | | | Christian Winkle, a director at Beazer Homes (BZH), recently bought 3,775 more shares. That increased his stake by over 13 percent, and came to a price just over $55,000. This follows two buys that he made in the prior two months. While this director has been buying, C-suite executives have been sellers of shares this year. And one director sold a massive stake back in March, when the share price was less than half of what shares go for today. » FULL STORY | | | | | | Unusual Options Activity: Under Armour (UAA) | | | | Shares of athletic apparel firm Under Armour (UAA) have been part of the market's uptrend in the past few weeks. One trader sees shares continuing even higher. That's based on the January 8th 2021 $17 call option. Over 14,110 contracts have traded, a 140-fold rise in volume from the prior open interest of 101. Expiring in just 35 days, the buyer paid $0.95 for the contracts, which will move in-the-money if shares move just 30 cents higher.
» FULL STORY | | | | | | | TOP | | RL | 8.705% | | | NCLH | 8.633% | | | AAL | 8.277% | | | CCL | 8.129% | | | WBA | 7.48% | | | BOTTOM | | COG | 6.628% | | | KR | 4.367% | | | IP | 3.249% | | | NDAQ | 3.081% | | | CMI | 3.011% | | | | | | | | | Compromise is within reach. We know where we agree. We can do this. | | - Senate Majority Leader Mitch McConnell, on the prospects of a further Covid stimulus package within the coming days. Such stimulus would likely push markets higher, as it would provide millions of Americans with extra capital in time for the holidays. | | |
No comments:
Post a Comment