| | | | DOW 33,769.53 | -0.90% | | | | S&P 4,126.03 | -0.89% | | | | NASDAQ 13,741.54 | -1.24% | | | | *As of market close | | • | Stocks dropped again on Tuesday, with indices closing near lows of the day. | | • | Oil dropped 1.6 percent, to $62.37 per barrel. | | • | Gold rose 0.5 percent, closing at $1,779 per ounce. | | • | Cryptocurrencies slightly rose, with Bitcoin last at $55,693. | | | | | | | | | | Reopening or Not, this Brand Leader Can Head Higher | | | | Media companies have moved to embrace streaming services in the past few years. That move has proven astute, given the pandemic. Now, a handful of companies with other operations are likely to benefit from reopening. Those companies include the cohort of media plays that also offer theme parks, cruise lines or the like. The poster child for this reopening exposure is The Walt Disney Company (DIS).
» FULL STORY | | | | | | Insider Trading Report: Volt Information Sciences (VOLT) | | | | Arnold Ursaner, a director at Volt Information Sciences (VOLT), recently bought 3,500 shares. The buy increased his holdings by 3 percent, and came to a total cost of just over $12,500. This buy marks the first insider transaction since 2019. Company insiders were bullish on shares in late 2019, with a number of directors and C-suite executives making buys. There have been no insider sales over the past three years. » FULL STORY | | | | | | Unusual Options Activity: Tesla Motors (TSLA) | | | | After an explosive move higher in the past year, a share split, and its inclusion in the S&P 500, shares of Tesla Motors (TSLA) have been trending sideways in recent months. One trader sees a rally resuming. That's based on the January 2022 $1,030 calls. With 275 days until expiration, 25,000 contracts traded against a prior open interest of 222, for a 112-fold jump in volume. The option buyer paid about $81.40, or $8,140 for a full contract.
» FULL STORY | | | | | | • | Hydrogen-Powered Vehicles: 3 Stocks to Power Your Portfolio
In this Profit Trends special report, you'll discover... How three major companies are using hydrogen fuel cell technology to revolutionize the electric car industry... and how you could position yourself to profit before this technology goes mainstream. What makes hydrogen-powered vehicles a no-brainer over standard battery-powered vehicles in the field of alternative energy... and why minimum environmental impact means maximum opportunity for market growth. And why one up-and-coming company launched a $6.7 billion plan to go all-in on hydrogen-powered vehicles, and how its long-term commitment could produce big returns for early investors. And so much more!
Get Your FREE Report (By clicking this link, you will automatically be opted in to receive emails from Profit Trends. You can unsubscribe at any time. - Privacy Policy.) | | | | • | Inflation Picks Up as Companies Report Price Hikes
A number of companies have reported higher costs in their most recent quarterly earnings. Rather than absorb the costs, firms such as Coca-Cola (KO) and Procter & Gamble (PG) are looking to raise prices for their goods instead. That's the latest in signs of higher inflation, and it may impact future consumer spending if it goes too high, too fast. | | | | • | Oil's Role in Commodity Markets Shrinks
Oil has long been the center of the commodity markets, touching on energy, inflation, and even geopolitical fears. Now, with a rise in electric technology and a focus on reducing fossil fuel use, commodities such as copper and lithium are increasingly in the spotlight for filling the role as must-watch commodities. | | | | • | Market Insiders Continue Massive Sales
Company insiders are often sellers. They tend to receive shares as a form of compensation, and periodically selling off those shares provides diversification. However, the ratio of insider selling to buying has been at an elevated level in past months, as retail investors have been rushing into the markets. The high ratio of insider sales to buys is a yellow flag for current market valuations. | | | | • | United Airlines Reports $1.4 Billion Loss
Shares of United Airlines (UAL) tumbled as the company reported a $1.4 billion loss, its 5th consecutive quarterly drop. The company has worked to cut costs, and estimates that it can return to profitability even if international and corporate travel demand only recover to 35 percent of 2019 levels. | | | | • | Amazon Launches London Hair Salon
Amazon (AMZN) has announced the launch of Amazon Salon. Covering 1,500 square feet in London, the company is looking to use the space to trial to use of augmented reality (AR) and "point-and-learn" technologies. This tech can allow customers to virtually experiment with new hair colors before deciding on a new shade, among other things. | | | | | | TOP | | KSU | 15.25% | | | ENPH | 4.152% | | | IBM | 3.786% | | | DOV | 3.155% | | | CLX | 2.976% | | | BOTTOM | | TRIP | 10.394% | | | UAL | 8.529% | | | ZION | 6.518% | | | APA | 5.921% | | | ALB | 5.702% | | | | | | | | | The race towards Digital Money 2.0 is on. Some have framed it as a new Space Race or Digital Currency Cold War. In our view, it doesn't have to be a zero sum game — there's a lot of room for the overall digital pie to grow. | | - A Citigroup report on the rise of digital currencies, and why central banks are likely to weigh in with the creation of digital alternatives to their currencies in the near future. | | |
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