👆 Value Stocks Push Higher as Bond Yield Fears Wane

Good morning. For a few weeks, the stock market seemed concerned with rising interest rates on..

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.

Good morning. For a few weeks, the stock market seemed concerned with rising interest rates on bonds. In particular, the 10-year Treasury seemed like it would hit 1.5 percent and havoc would unleash. 1.5 percent was hit. And now yields are closer to 1.6 percent. That's still not a huge return for giving Uncle Sam your money for 10 years. In fact, with inflation expectations still at or over 2 percent, it seems like a guaranteed loss. Yet outside of tech stocks, the market doesn't seem to fazed… as though the market is starting to rotate out of high-flying tech and into relative underperformers in the value space right now. Are value stocks a better buy here, or do tech companies look like the better play following their steep drop? Hit reply and let us know your thoughts. Now here's the rest of the news: Sponsored Content Do You Have This Weird Tech on Your Phone? "What is that thing for?" my friend Dave asked when he saw my new iPhone 12 Pro. He was talking about the weird extra lens on the back. It has nothing to do with taking pictures... But it is the key to a $350 billion tech revolution. And this technology will make today's smartphones and computers obsolete by 2022. Let me show you what this lens does (it will blow your mind!) and why it holds the potential for up to 10,000% gains. Click HERE for the full story. MARKETS DOW 31,801.91 +0.97% S&P 3,821.22 -0.54% NASDAQ 12,609.16 -2.41% *As of market close • Stocks traded mixed on Monday, with the Nasdaq giving up Friday's pop higher. • Oil prices dropped 2.1 percent, hitting $64.73. • Gold declined 1.2 percent, with the metal trading at $1,679 per ounce. • Cryptocurrencies moved slightly higher, with Bitcoin last at $51,853. Today's TOP TIPS Big Box Retailers Oversold on Tech Meltdown Markets are forward looking. And when looking at retail plays, they see things getting worse, not better, for a number of big-box stores. Why? Same-store sales trends. The big players saw a surge higher as mom and pop stores closed, and that trend may unwind slightly, which could hurt future trends. That's led to a number of big-name retailers decline even after posting great sales and earnings numbers. » FULL STORY Insider Trading Report: Asa Gold (ASA) William Donovan, a director at Asa Gold (ASA) recently picked up 1,000 shares. The total cost came to just under $19,000. The buy doubled the director's stake. This adds to a number of other buys from directors and the company's President and COO over the past few months, with trades anywhere from a few hundred shares to 10,000 shares. The last sale by a company insider was in January 2020. » FULL STORY Unusual Options Activity: Snowflake (SNOW) Cloud-based software giant Snowflake (SNOW) has seen shares drop over 40 percent from their peak in early December. One trader sees a potential move higher from here. That's based on the April $250 calls. With shares around $240, it would take a $10 move higher for the trade to move in-the-money. Over 7,600 contracts traded, a 57-fold rise from the open volume of 134. » FULL STORY IN OTHER NEWS • Senate Passes $1.9 Trillion Stimulus Bill More money is likely to hit the stock market soon. That's a takeaway from the latest stimulus package, approved by the Senate over the weekend. While interest rates have risen modestly in recent weeks on fears of how all this stimulus will be paid for, more money hitting the economy will likely move the market higher and allow lower-income Americans to increase their spending rates and stay out of poverty. • Elon Musk Loses $27 Billion as Tesla Shares Drop Last week's tech selloff has been tough for traders, who may have had to quickly unwind leveraged trades. For big owners of the shares, there's no quick way to get out of the way of a falling knife. Case in point? Elon Musk, at one point the world's wealthiest man, isn't anymore. The major drop in Tesla Motors (TSLA) shares caused the billionaire to lose $27 billion. • Credit Card Rewards: Taxable Income? Many consumers appreciate getting something back from their credit card statements, such as gift cards or rewards. One physicist who used gift cards and money orders to earn over $300,000 in rewards now has to face a bigger challenge: The IRS. America's tax giant claims the money is taxable income. In the past, the agency has stated that's not the case, and this could lead to a tax headache for smaller reward members in time. • PayPal Adds to Cryptocurrency Activity with Curv Fintech giant PayPal (PYPL) has made plans to buy Curv, a cryptocurrency startup based out of Israel. It's a security company operating cloud-based services so consumers can use crypto wallets without a hardware device. Up until now, PayPal has only allowed users to store cryptocurrency on its platform. This acquisition suggests further advances for users buying cryptocurrency with PayPal. • GameStop Makes Push for E-Commerce Retail gaming outlet GameStop (GME) is pushing higher once again. The company has hired Ryan Cohen, co-founder of Chewy (CHWY), to help the company with its e-commerce operations. Cohen has also been a big investor in the company, well ahead of the retail investor surge in January. Shares are gradually moving back towards those speculative highs, and short interest remains elevated. S&P 500 MOVERS TOP VIAC 12.689% M 9.127% HBI 8.693% UAL 7.007% VNO 6.83% BOTTOM BIDU 11.096% MPWR 9.27% TER 8.516% LRCX 8.233% ENPH 8.004% Quote of the Day I do think we're seeing a strong cyclical upturn in the economy here. I mean what's going on is we've adapted to the pandemic quite well, the economy's doing okay and now ... policy is kind of like the accelerator that's welded to the floor here… we've got the Federal Reserve basically committed to keeping rates low and keeping bond buying going even if we get a transitory surge in inflation. So I do see we're building to a lot of growth, a lot of inflation as this year goes on, but that's not bad for value stocks. - David Kelly, chief global strategist at JPMorgan Asset Management, on why the economy is poised for further gains this year, and why value stocks are likely to move higher. Sponsored Content "Tesla Killer" Stock Set to Skyrocket 1,000 Times Over My friends complain all the time about charging their Teslas. It takes hours. Imagine their surprise when I told them about a brand-new green technology that charges in less than five minutes! It lasts hundreds of miles longer, is cheaper than batteries and can charge forever. And best of all, the tiny little-known stock behind it trades for only a few bucks. Click HERE for the full story. 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 107-334 Santa Monica, CA 90405 Manage Subscriptions | report SPAM