🤓 How to Trade the Latest Retail Feeding Frenzy

Good morning. A year ago, shares of Gamestop (GME) could be bought for under $5. The retail..

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. A year ago, shares of Gamestop (GME) could be bought for under $5. The retail operation was seen as on its last legs. But then Michael Burry, of The Big Short fame became a fan. So too, did the posters of Wall Street Bets, a subreddit of traders looking for their next play. They were fans in regards to a short-squeeze thesis, given how many shares were already being held short. That played out spectacularly on Friday. Shares, which were as low as $12 just a month ago, closed on Thursday at $43 and surged nearly 70 percent intraday to a high of $76, before being halted. The exchange halt caused shares to stop heading higher, and may mark an end of the rally—or not. Traders looking for their next big win might be wise to take a look at other heavily-shorted stocks for a similar explosive rally. They may also want to look out below when the buying frenzy stops. Now here's the rest of the news: Sponsored Content Musk Goes "All In" on New Tech (NOT electric cars) Tesla is the global leader when it comes to electric vehicle technology. But in a shocking twist of events, Elon Musk is now pivoting and going all-in on THIS emerging technology. And he's not the only billionaire chasing after it... But one tiny company has already beaten ALL of them to the punch. It's cracked the code for making this tech viable on a massive, global scale...It currently trades for around $3 a share. But it won't stay that way for long. Click HERE for the stunning details. MARKETS DOW 30,996.98 -0.57% S&P 3,841.47 -0.30% NASDAQ 13,543.06 +0.09% *As of market close • Stocks traded mixed into the weekend, with a slight decline in the Dow and S&P. • Oil declined 1.9 percent, closing at $52.14 per barrel. • Gold prices sank 0.6 percent, hitting $1,854 per ounce. • Cryptocurrencies bounced, with Bitcoin rallying over 10 percent to $33,544. Today's TOP TIPS How Small Moves Can Leverage a Company to Higher Growth The energy industry has changed rapidly over the past decade. The growth of alternatives, and their improving costs, have made them viable compared to the use of fossil fuels. Even oil is under distress thanks to the rise of electric and hybrid vehicles impacting demand. It's clear that fossil fuel companies need to embrace this change, and many already have. But even those with a small stake at a giant company can push through smart changes that improve sustainability and profitability. » FULL STORY Insider Trading Report: Oil-Dri Corp of America (ODC) Allan Selig, a director at Oil-Dri Corp of America (ODC), recently added 1,000 shares to his holdings. The buy increased his stake by 2.2 percent, and came to a cost of just under $34,000. He was also the last company insider to buy shares in 2020, with a 1,000 share buy in October. Company insiders have been both buyers and sellers of shares in the past year, but the company Chairman has been a large net seller in that time. » FULL STORY Unusual Options Activity: Ford (F) Automaker Ford (F) has seen shares rally over 30 percent since the start of the year, from $8.50 to $11.50. One trader sees the move as too much, too quick. That's based on the September 2021 $10 puts. Over 10,020 contracts traded, a 20-fold rise in volume from the prior open interest near 500. With shares at about $11.50, it implies a drop of nearly 15 percent for the trade to move in-the-money. » FULL STORY IN OTHER NEWS • U.S. home sales hit their highest level in 14 years. • Grain prices rise to their highest level in 6 years. • Trading volume rises from 2020's level in the first weeks of 2021. • Apple is working on a thinner and lighter MacBook Air. • MGM delays the latest James Bond movie to October as theater occupancy outlook remains low. • In order to handle its excess inventory, American Airlines starts a delivery service for its wine. • Elon Musk donates $100 million to find the best carbon capture technology. • In earnings, Schlumberger beats expectations, and says it may raise its capital spending. • IBM beats on profits, but revenue and its 2021 outlook comes in light. • Intel beats on earnings thanks to strong PC sales. S&P 500 MOVERS TOP MAC 6.982% SIVB 5.391% FANG 4.87% M 4.546% INCY 4.249% BOTTOM IBM 9.905% INTC 9.286 IRSG 6.835% WDC 5.233% STX 4.4671% Quote of the Day There is a lot of volume in low-priced stocks, $2 or $3 obscure stocks where volumes have exploded. That tells me people are chasing momentum. They move because they start moving. People start talking about them [in chat rooms] and they move. - Steve Sosnick of Interactive Brokers on the massive surge in retail investor trading in the stock market over the past year, and where traders are looking for the best returns now. Sponsored Content Crazy New Revelation From Elon Musk (WOW) Tesla is the global leader when it comes to electric vehicle technology. But in a shocking twist of events, Elon Musk is now pivoting and going all-in on THIS emerging technology, because he thinks it "will grow faster than automotive... it will be absolutely incredible." And he's not the only billionaire chasing it: Warren Buffett and Bill Gates have thrown billions at it too. But one tiny company has already beaten ALL of them to the punch. It currently trades for around $3 a share. But not for long!  Click HERE for the stunning 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 Advisory: The Next Superstock › 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.

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