Good morning. Stocks touched all-time highs on Wednesday, closing off their ..
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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| | | | DOW 30,829.40 | +1.44% | | | | S&P 3,748.14 | +0.57% | | | | NASDAQ 12,740.79 | -0.61% | | | | *As of market close | | • | Stocks traded mixed on Wednesday, with the tech-heavy Nasdaq dropping. | | • | Oil prices rose 0.8 percent, closing the day at $50.32 per barrel. | | • | Gold prices declined 1.7 percent, with the metal closing at $1,921.60. | | • | Cryptocurrencies trended higher, with Bitcoin rising to $35,400. | | | | | | | | | Apple Shares Still Have the Midas Touch | | | | Analysts are upgrading shares of Apple (AAPL) ahead of earnings. Shares of the tech play are still off the highs set back in September, but look set to continue higher. While earnings day itself may play a wild card, so far, all the early indicators are for an earnings beat. The first hint is the company's $1.8 billion in revenue on the App Store the week of Christmas, a record for the firm.
» FULL STORY | | | | | | Insider Trading Report: Bullfrog Gold Corp (BFGC) | | | | Augusta Investments, a major holder in Bullfrog Gold Corp (BFGC), recently added 6.5 million shares to their holdings. This represents a 6 percent increase. The fund paid about $1.5 million in total to add to this position. This marks the first insider trade in nearly two years. A company director bought 1.5 million shares of the company in early 2019, and insiders have been more active in 2018 and 2017. There have been no insider sales in the last three years. » FULL STORY | | | | | | Unusual Options Activity: Deutsche Bank (DB) | | | | Shares of banking stocks jumped higher on Tuesday, as control of the U.S. senate looked likely to flip, indicating looser fiscal policy positions ahead. But one trader is expecting the trade to be short-lived for Deutsche Bank (DB). That's based on the January 2023 $10 puts. With 733 days until that trade expires, over 1,420 contracts traded against a prior open interest of 122, for a 12-fold rise in volume. The trader paid $1.72 for the contract on average.
» FULL STORY | | | | | | | TOP | | ZION | 11.236% | | | CNC | 10.791% | | | M | 9.833% | | | HBAN | 9.813% | | | KEY | 9.728% | | | BOTTOM | | JD | 7.665% | | | NVDA | 5.895% | | | MELI | 4.729% | | | BIDU | 4.687% | | | NOW | 4.647% | | | | | | | | | It's not going to be like it was in 2017 and 2018, when we didn't worry at all about catching a respiratory pathogen. We're going to worry about it, even if we're vaccinated… I just think things are going to be different, just like they're different when you go through an airport now after 9/11. | | - Former Food and Drug Administration commissioner Dr. Scott Gottleib on why a return to pre-pandemic life may take longer than expected—if it completely returns at all. | | |
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