🔑 The Key Way to Profit from a Stalled Job Market

Good morning. Economists were predicting a blowout jobs report for April, with 1 million new jobs.

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. Economists were predicting a blowout jobs report for April, with 1 million new jobs. That might have even been the start of a multi-month trend of strong numbers. In the real world, however, only 266,000 jobs were created last month, leaving the unemployment rate stubbornly high at 6.1 percent. Why the big miss? Most are now pointing to unemployment payments and human nature. With additional federal payments of $300 a week on top of state payouts, for those at lower-wage jobs, the value of unemployment has exceeded the value of working. Montana and South Carolina already announced they were stopping the extra payments to entice the unemployed back into the workforce. Expect more states to announce a similar plan in the coming days. On the plus side, the stalled job market growth caused bond yields to drop and helped stocks jump higher on the news. That may continue for a few more months. Now here's the rest of the news: Sponsored Content Claim Your "Ten 10X Stocks" Report Now For months, Luke Lango – a top-ranked stock picker of 2020 – has been hunting for the next wave of revolutionary tech companies… the kind of stocks that can deliver exceptional 3X… 5X… even 10X profit potential. Right now, he's identified a whopping TEN STOCKS with 10X potential… And he's giving away the full details FREE. MARKETS DOW 34,777.43 +0.66% S&P 4,232.51 +0.74% NASDAQ 13,752.24 +0.88% *As of market close • Stocks closed higher on Friday, on the back of worse-than-expected jobs data. • Oil traded flat, closing the week at $64.79 per barrel. • Gold rallied 1 percent, closing at $1,833 per ounce. • Cryptocurrencies generally rose, with Bitcoin last at $57,806. Today's TOP TIPS This FinTech Giant Crushes Earnings and Revenue Payment company Square (SQ) has been a big pandemic winner. Cashless transactions are on the rise, and the company's touchless technology has done a lot to avoid the physical exchange of cash, on top of its other features. So it's no surprise that the company smashed its latest earnings report, bringing in $5.06 billion in revenue against expectations of $3.3 billion. The company even reported making $3.5 billion in Bitcoin transactions, up 10-fold from a year ago when it was just getting started. » FULL STORY Insider Trading Report: Intel Corp (INTC) Dion Weisler, a director at Intel Corp (INTC) recently picked up 4,464 shares. The total cost came to $250,000, and represents an initial stake for the director. Like many big-name tech companies that issue shares to executives, there's been a lot of sales over the past few years. But Intel has seen a number of insider buys as well. This is the first insider buy since January, when the company CEO and CFO bought before shares provided a 27 percent gain. » FULL STORY Unusual Options Activity: Devon Energy Corp (DVN) Oil and gas exploration company Devon Energy (DVN) has been in a strong uptrend the past few months as oil prices have trended higher. One trader sees a further rally in the months ahead. That's based on the October $30 calls. Over 12,325 contracts recently traded against an open interest of 481, for a 26-fold rise in volume. Expiring in 158 days, and with shares near $25, it would take another 20 percent rally in shares for the option to move in-the-money. » FULL STORY IN OTHER NEWS • 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.) • Job Growth Falls Well Below Estimates Only 266,000 jobs were created in February, well below consensus estimates of 1 million. That's the slowest pace since January. The jobs reports also state a massive drop-off in part-time work compared to a year ago. And a full 29 percent of those jobless have been so for more than a year now. • Bill.com Makes $2.5 Billion Offer for Divvy Payments company Bill.com (BILL) has made a $2.5 billion offer for Divvy. Divvy is a corporate spend management startup company. Divvy last raised money in January at a valuation of $1.6 billion, making the offer a substantial markup. The acquisition will come in a combination of cash and shares. • Dimon Calls Out Tax and Spending Programs JPMorgan Chase (JPM) CEO Jamie Dimon has raised concerns over the level of proposed government spending and taxes. His view is that throwing money around doesn't necessarily work to solve issues, and that government would be better off itemizing what it plans to spend on. He also called out plans to hike taxes as "a little crazy," and that higher taxes would hurt capital formation. • Holmes Looks to Hide Wealth Ahead of Trial Theranos founder Elizabeth Holmes is looking to hide the details of her lavish lifestyle ahead of her trial. She faces charges of wire fraud and conspiracy for the representations she made about the blood-testing technology at the company. The company collapsed in 2018 following a series of articles questioning the results of the company's product. • Bank of England Governor Warns on Cryptocurrencies Bank of England Governor Andrew Bailey stated that cryptocurrencies have no intrinsic value, and that those who invest in cryptocurrencies need to be prepared to lose all their money. He did note that they have extrinsic value—what other people will value it for—but that investing in cryptocurrencies still carries a risk. England is one of many countries whose central bank is considering creating a digital currency of its own. S&P 500 MOVERS TOP CNC 8.069% EOG 7.95% MCK 6.764% BKR 6.762% ALB 6.457% BOTTOM MNST 3.968% LBTYA 1.772% LBTYK 1.593% MTD 1.541% JKHY 1.477% Quote of the Day TThe disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market. We need a comprehensive approach to dealing with our workforce issues and the very real threat unfilled positions poses to our economic recovery from the pandemic. One step policymakers should take now is ending the $300 weekly supplemental unemployment benefit. Based on the Chamber's analysis, the $300 benefit results in approximately one in four recipients taking home more in unemployment than they earned working. - US Chamber of Commerce Chief Policy Officer Neil Bradley, on the disastrous jobs report occurring thanks to extended unemployment benefits still being offered months after a Covid vaccine and economic reopenings across the country. Sponsored Content Claim Your "Ten 10X Stocks" Report Now For months, Luke Lango – a top-ranked stock picker of 2020 – has been hunting for the next wave of revolutionary tech companies… the kind of stocks that can deliver exceptional 3X… 5X… even 10X profit potential. Right now, he's identified a whopping TEN STOCKS with 10X potential… And he's giving away the full details FREE. 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