😏 Why Stocks Are Destined to Continue Rallying In 2021

Good morning. Philadelphia Federal Reserve president Patrick Harker became the..

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.

Good morning. Philadelphia Federal Reserve president Patrick Harker became the first banker to suggest that the bank may slow down its bond purchases—at least, at the end of the year. That's the earliest that the Fed is likely to taper its bond purchases. A few analysts don't see that happening until as late as 2024. If we've learned anything this week, it's that money printing is far more important than anything politically. So that's good news for stocks, which once again hit record highs. And it's a sign that, even if there's a correction in the markets, it will likely prove short-lived. And traders can likely expect the next correction in the markets to be blamed on any "taper tantrum" should the Fed actually step off the monetary gas pedal. Now here's the rest of the news: Sponsored Content NEW: Top 6 Stocks to Buy for 2021 He found Apple at $1.49… Oracle at $0.51… Amazon at $46. Marketwatch call him "The Advisor Who Recommended Google Before Anyone Else." Now, investing legend Louis Navellier is revealing his Top 6 Stocks to Buy for 2021. Download your FREE copy here. MARKETS DOW 31,041.13 +0.69% S&P 3,803.79 +1.48% NASDAQ 13,067.48 +2.56% *As of market close • Stocks closed higher on Thursday, with all indices hitting record highs. • Gold rose 0.3 percent, with the metal closing at $1,915. • Oil prices rose 0.7 percent, closing the day at $50.96 per barrel. • Cryptocurrencies surged, with Bitcoin hitting $40,000 before pulling back to $39,000. Today's TOP TIPS Opportunities in Retail Remain as Ecommerce Sales Slow Early sales numbers for the last quarter of 2020 are starting to come in. There's some good news and some bad news. The good news is that sales are rising. The bad news? The rate of the rise is slowing down. That's understandable. Many major retailers were able to see sales rise thanks to increased ecommerce trends. As customers have completed that shift, the rate is starting to stabilize. However, there's still some trading opportunities as a result. » FULL STORY Insider Trading Report: Foot Locker (FL) Vesa Equity Investment, a major holder in Foot Locker (FL), recently bought another 8,581 shares coming at a total cost of $334,000, the buy increased the fund's holdings by 0.07 percent. The fund has been a sizeable buyer over the past two months, picking up nearly 2 million shares in that timeframe, at prices as much as 15 percent below where shares currently trade. Corporate executives have generally been sellers of shares in the past year. » FULL STORY Unusual Options Activity: Wells Fargo (WFC) Shares of banks are stabilizing after a jump on Wednesday, but at least one trader sees a further move higher in Wells Fargo (WFC). That's based on the February 5th $36 call option. Expiring in 28 days, the option saw over 15,700 contracts trade, a 60-fold rise in volume from the prior open interest of 260. The buyer paid $0.81 for the contract. Shares currently trade at $34, so the trader expects another $2 move higher in shares. » FULL STORY IN OTHER NEWS • Elon Musk becomes the world's richest person following a further rally in Tesla Shares. • Stock option trading exploded to its highest level ever in 2020, up 68% from 2019. • 787,000 Americans filed for unemployment benefits last week. • Macy's announces the closure of dozens of stores this year. • General Electric declines to claw back the pay of former CEO Jeff Immelt over the jet scandal. • Facebook announces it will block President Trump for the remainder of his term. • Robinhood seeks to attract more female investors. • Roblox raises capital at a $29.5 billion valuation as it prepares for a direct listing. • In earnings, Bed Bath & Beyond misses on expectations and announces store closures. • Walgreens beats estimates on stronger pharmacy results. S&P 500 MOVERS TOP DXC 9.301% NTES 7.992% TSLA 7.945% INCY 6.808% EOG 6.466% BOTTOM CAG 5.458% CNP 4.875% OMC 4.48% ATO 4.205% FOX 3.91% Quote of the Day We have stumbled into very unhealthy codependences; codependences between central banks and investors, between central banks and debt issuers which are governments and companies, and between central banks and politicians. They are all in this unhealthy codependency. It's like a bad marriage: They've ended up relying on each other, and they just don't know how to get out of it. Every time the central banks have tried to get out of it, the markets were at risk of becoming disorderly. - Mohamed El-Erian, chief economic advisor at Allianz, on why central banks and investors are locked into a spiral likely to fuel a bubble in stocks in 2021. Sponsored Content NEW: Top 6 Stocks to Buy for 2021 He found Apple at $1.49… Oracle at $0.51… Amazon at $46. Marketwatch call him "The Advisor Who Recommended Google Before Anyone Else." Now, investing legend Louis Navellier is revealing his Top 6 Stocks to Buy for 2021. Download your FREE copy 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 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.

This email was sent to edwardlorilla1986.paxforex@blogger.com by editor@tradingtips.com TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334Santa Monica, CA 90405 Manage Subscriptions | report SPAM