Wednesday, January 6, 2021

πŸ™Œ 5-Figure Paydays Every Year? [Success Stories]; That’s More Like It: Stocks Finally Rise in 2021

Good morning. Stocks had their best trading day of 2021 thanks to a rally.
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 had their best trading day of 2021 thanks to a rally. Traders ignored the uncertainty of runoff elections in Georgia, which could tip the balance of power in the United States Senate.

If anything, stocks seem more interested in moving based on Covid headlines rather than political concerns. The latest news of Covid lockdowns around the world may be able to move markets down a little bit, like they did on Monday. However, the current monetary policy in place is likely to keep the market from declining too much. That means that even small market selloffs may create solid trading opportunities, as anyone who bought the dip on Monday can attest.


Now here's the rest of the news:

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Louis Navellier has identified the S&P's top-performing stock eight years in a row….Finding huge winners like NVIDIA… AMD… and Netflix. And now Louis is revealing his #1 pick for 2021 in a FREE REPORT, "The Top 6 Blue Chip Stocks for 2021."

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MARKETS
DOW 30,391.60 +0.55%
S&P 3,726.86 +0.71%
NASDAQ 12,818.96 +0.95%
*As of market close
Stocks moved higher on Tuesday, partially recovering from Monday's sizeable drop.
Gold prices rose 0.3 percent, with the metal closing at $1,952.80.
Oil prices rallied 4.9 percent, closing the day at $49.93 per barrel.
Cryptocurrencies trended higher, with Bitcoin rising to $33,988.

Today's TOP TIPS
An Oversold Play on a Beloved Tech Niche
Nothing moves in a straight line. For investors who make short-term bets on a company, this fact can produce large losses quickly. But for investors willing to play trends, waiting for a pullback on a stock in a long-term uptrend can prove worthwhile.

That's especially the case when a short-term drop has no apparent rationale behind it. That can happen fairly often in the tech space, as investors look to lock in profits quickly.

» FULL STORY

Insider Trading Report: Cheniere Energy LP (CQP)
Blackstone Holdings, a major owner of Cheniere Energy (CQP), recently added to their stake with a 73,359 share buy. The total price came to just under $2.5 million, and represents a nearly 19 percent increase in the fund's stake of the liquefied natural gas company.

Blackstone has been a buyer through a number of various legal entities in the past year. One director has sold shares in the past year.

» FULL STORY

Unusual Options Activity: Micron (MU)
Shares of Micron (MU) have trended up ahead of the company's earnings report on Thursday. One trader sees shares continuing to move higher after earnings.

That's based on the February 2021 $85 calls. Over 15,940 contracts traded against a prior open interest of 608, making for a 26-fold rise in volume. The bet, expiring in 45 days, would need to see shares rise 9 percent to move in-the-money.

» FULL STORY

IN OTHER NEWS
The NYSE reverses an earlier plan to delist three Chinese telecom stocks.
Russia's neighbors increase defense spending amidst Russia's aggressive stance.
OPEC and non-member Russia are at odds over oil production levels.
Underwriting for SPACs provided a major source of revenue for big banks last year.
Haven, the Amazon-Berkshire Hathaway-JPMorgan partnership for health care, dissolves.
Treasury Secretary pick Janet Yellen has made more than $7 million in speaking fees to banks.
JPMorgan estimates that Bitcoin could rise as high as $146,000 as a competing currency to gold.
McDonald's adds three new chicken sandwich options to compete with other fast food chains.
Boston Metal, a low-carbon steel manufacturer backed by Bill Gates, raises $50 million.
General Motors reports a 4.8. percent rise in U.S. sales in the 4th quarter of 2020.

S&P 500 MOVERS
TOP
JD 10.622%
OXY 10.086%
FANG 9.665%
APA 9.546%
MRO 9.078%
BOTTOM
VRSN 3.315%
VNO 2.782%
PHM 2.701%
FTNT 2.624%
MCO 2.61%

Quote of the Day
In my day I've seen a lot of wild rallies with a lot of mispriced stocks, but there is one thing they all have in common. Eventually they hit a wall and go into a major painful correction. Nobody can predict when it will happen, but when that does happen, look out below. Another thing they have in common is it's always said, it's different this time. But it never turns out to be the truth.
- Billionaire investor Carl Icahn, on why he's hedged in the market right now as valuations remain at historical highs.

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6 Stocks to Buy Immediately
Louis Navellier has identified the S&P's top-performing stock eight years in a row….Finding huge winners like NVIDIA… AMD… and Netflix. And now Louis is revealing his #1 pick for 2021 in a FREE REPORT, "The Top 6 Blue Chip Stocks for 2021."

Claim your FREE report today.


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