Thursday, June 3, 2021

👌 Meme Stocks Crush It Once Again

Good morning. Last year's retail rallies started following the pandemic shutdowns.
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. Last year's retail rallies started following the pandemic shutdowns. Millions of Americans were told to stay home, given $1,200, and the stock market was still open. That led to some unusual moves, starting with a surge higher in bankrupt car rental company Hertz (HTZ). That firm is now exiting bankruptcy and shareholders are doing pretty well.

The next move culminated with a short squeeze in GameStop (GME), which was only halted by brokerages shutting down the ability of retail investors to trade. That's heading higher once again. The move now is a bit unusual, as the economy is reopening and stimulus checks likely aren't coming anymore.

But the leader this round is AMC Entertainment (AMC), which saw shares nearly double yesterday after the company used high prices to raise capital by selling more shares. The company also embraced the retail traders who saved it by offering a rewards program for its retail shareholders.

Now here's the rest of the news:

Sponsored Content
Just $19 –That's It.
"Hi, my name is Jeff Clark.

For the past 36 years, I've shown people from all walks of life how to make money in the markets. Retired stockbrokers... presidents of companies... people with almost no financial experience... and everything in between.

But I haven't done it the usual way…

My method is different. It's unlike anything you've probably ever seen before.

We're unveiling it right now for just $19.

That's the lowest price my publisher has EVER offered for a trading research service…

And it won't be available for long.

Watch a '10-second live demo' of this method to see how it works."

Watch Now


MARKETS
DOW 34,600.77 +0.07%
S&P 4,208.21 +0.15%
NASDAQ 13,756.33 +0.14%
*As of market close
Stocks traded flat on Wednesday, with popular retail names seeing the biggest moves.
Oil prices rose 1.5 percent, with crude closing at $68.71.
Gold rose 0.3 percent, hitting $1,911 per ounce.
Cryptocurrencies moved higher, with Bitcoin last at $37,941.

Today's TOP TIPS
More Upside Catalysts Than Downside Point to this Blue Chip Winner
The past few years have been some of the worst in Boeing's (BA) history. The airline manufacturer has had to deal with rising international competition, the flaws in its 737 Max jet, and then the pandemic's collapse in global air travel.

These high-profile dangers have been well baked into shares. Now, with the 737 Max getting back into service and the pandemic ending, things are potentially looking up for the airliner.

» FULL STORY

Insider Trading Report: Jacobs Engineering (J)
Christopher Thompson, a director at Jacobs Engineering (J), recently bought 10,000 shares. The buy increased his stake by 46 percent, and came to a total price of just over $140,000.

This marks the first insider buy at the company in the past three years. Insiders have been regular sellers of shares throughout the past few years at fairly regular intervals, even as the share price has risen.

» FULL STORY

Unusual Options Activity: NRG Energy (NRG)
Shares of utility company NRG Energy (NRG) have been in a sharp drop since early March. One trader sees the potential for a partial rebound in the coming weeks.

That's based on the July $35 calls. Over 6,900 of the contracts traded against a prior open interest of 218, for a 32-fold rise in volume on the trade. The buyer of the calls paid $0.85.

» FULL STORY

IN OTHER NEWS
Stock-Picking Legend Leaks Secret Stock (Trades for Less Than $5)

One of the world's great stock pickers just did something crazy. He went onstage and outed a secret stock that trades under a hidden name. See the "leaked" footage here. Now, keep in mind... this stock picker is legendary for his big trades. He personally bought Apple in the '90s, when NOBODY thought Apple was going anywhere... and still holds every share. He bought Amazon in the early 2000s... and still holds every share. He even bought Netflix THIRTEEN years ago... and still holds every share. I've looked through his personal trading records... and let me assure you, it's absurd how much he made on these trades. But now he's done something I never thought I'd see. (Live camera footage here.) He's outed a secret stock - trading for less than $5 - that he says is the next big score.

Click HERE to see the details for yourself.

(Clicking this link will opt you in to the Liberty Through Wealth free e-letter and offers from us and our affiliates that we think might interest you. - Privacy Policy.)


US Plans Tariffs Over Digital Service Tax

The Biden administration is planning to implement tariffs on the UK and 5 other countries over their attempts to impose digital service taxes on US technology companies. The tariffs are suspended for six months in the hopes that an international resolution can be reached.
Cyberattack Shuts Down Beef Production

JBS, a company responsible for a sizeable amount of the country's beef production, has had nine of its facilities shut down following a cyberattack. The company restarted operations Wednesday, following a two-day shutdown. The company has not disclosed if it has paid any ransom or met the hacker's demands.
SEC Warns on Musk Tweets

Per a settlement with the SEC, Tesla Motors (TSLA) CEO Elon Musk has been required to have his tweets first vetted by company lawyers. He now appears in violation at least twice. While cryptocurrencies are unregulated and thus tweeting about them isn't an issue, a tweet Musk made may have caused a big move in shares of Korean firm Samsung Publishing (068290.KS).
Amazon Drops Marijuana Drug Screening

Corporate giant Amazon (AMZN) has announced that it will no longer include marijuana in its drug screening program. The company will continue to perform impairment checks and screen for drugs for on-the-job incidents. The carve-out also doesn't apply to workers in positions regulated by the Department of Transportation, including truck drivers.
Dogecoin Jumps on Coinbase Listing

Cryptocurrency Dogecoin is enjoying a relief rally following its big selloff last month. The coin surged nearly 25 percent on news that it would be added to the available options on the widely-used cryptocurrency brokerage Coinbase (COIN). The move caused the cryptocurrency, which started as a meme, to rise back to a $54 billion market cap.

S&P 500 MOVERS
TOP
MAC 9.075%
SLB 7.683%
ETSY 7.146%
IVZ 4.744%
AAL 4.662%
BOTTOM
NUE 5.156%
TPR 5.026%
PVH 4.119%
LB 3.701%
TTWO 3.201%

Quote of the Day
Markets remain strong. Economic growth is robust, monetary conditions remain extremely easy and consumers are flush with cash from stimulus as virus cases fall and the economy reopens.
- Cliff Hodge, chief investment officer for Cornerstone Wealth, succinctly laying out the case for the stock market to continue moving higher this year.

Sponsored Content
Just $19 –That's It.
"Hi, my name is Jeff Clark.

For the past 36 years, I've shown people from all walks of life how to make money in the markets. Retired stockbrokers... presidents of companies... people with almost no financial experience... and everything in between.

But I haven't done it the usual way…

My method is different. It's unlike anything you've probably ever seen before.

We're unveiling it right now for just $19.

That's the lowest price my publisher has EVER offered for a trading research service…

And it won't be available for long.

Watch a '10-second live demo' of this method to see how it works."

Watch Now


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 Subscriptionsreport SPAM


 

No comments:

Post a Comment

22 spring outfit ideas to fight fashion-decision fatigue

Your Horoscope For The Week Of May 13 VIEW IN BROWSER ...