👉 Why Monday’s Rally Matters 👈

Good morning. Technical analysis is a key part of any investor's toolkit—it's at least good to get..

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. Technical analysis is a key part of any investor's toolkit—it's at least good to get an idea if a stock is heading up or down before buying shares. Many technical analysts saw Friday's selloff as a point of caution, given that it caused the S&P 500 to drop to the lower end of a trend that it's been in for several months. That makes Monday's reversal critical. While it doesn't point to an immediate return to all-time highs for the S&P 500 (set last week), it increases the likelihood of markets continuing higher, rather than selling off in to the summer. Seasonally, that makes sense as well. Summer tends to be a quieter time, with bigger selloffs occurring in the autumn. Now here's the rest of the news: Sponsored Content Joe Biden's War On Oil Fuels Lithium Explosion World powers are fighting over valuable lithium resources. Here's how one European company may win. Get Your FREE Report Here MARKETS DOW 33,876.65 +1.76% S&P 4,224.70 +1.40% NASDAQ 14,141.48 +0.79% *As of market close • Stocks recovered after a big slide last week, with all three indices rallying. • Oil rose 2.7 percent, closing at $73.56 per barrel. • Gold rallied 0.8 percent, hitting $1,783 per ounce. • Cryptocurrencies generally dropped, with Bitcoin last at $32,642. Today's TOP TIPS This "Stealth Rally" Has a Few More Weeks to Peak The past week has seen a big shift in investor sentiment following the latest Fed meeting and inflation fears. While some sectors like tech have performed relatively better, one market has been in a strong uptrend for the past few months. And, from a seasonal perspective, it's also an area that will likely have its strongest demand over the next few weeks, until downshifting in the fall. » FULL STORY Insider Trading Report: Transocean (RIG) Frederik Mohn, a director and major holder at Transocean (RIG), recently picked up 5,000,000 shares. The buy came to a total purchase price of $20.9 million, and represents a 7.4 percent increase. This is the first insider activity at the company in 2021. Insiders were more active in February and March of 2020, including a number of company directors. Going back further, company insiders were sellers as much as buyers, including trades from company officers. » FULL STORY Unusual Options Activity: Caesar's Entertainment (CZR) Shares of casino operator Caesar's Entertainment (CZR) have been in an uptrend for the past few months, but have recently pulled back to the lower end of their trendline. One trader sees a continued move higher in the coming months. That's based on the January 2022 $130 calls. Over 4,400 of the contracts traded against a prior open interest of 132, for a 33-fold rise in trading volume. » FULL STORY IN OTHER NEWS • Lordstown Executives Sold Shares Before Problems Were Publicly Disclosed Electric truck startup Lordstown Motors (RIDE) recently saw shares slide as the company announced it might no longer be a going concern. While the CEO and CFO also left the firm, records show 5 executives sold at least $8 million in shares before the disclosure was made. Typically, most companies have a 30-day lockup period preventing company executives from selling shares so close to earnings. • Staffing, Maintenance Issues Impact American Airlines American Airlines (AAL) had to cancel hundreds of flights over the weekend. The issues stemmed from a lack of maintenance as well as staffing issues at the airliner. This is the second such airline to suffer similar disruptions as travel demand is on the rise again this summer. The company expects its schedule to be down 1 percent through mid-July. • DoorDash Partners with Albertson's on Same-Day Delivery With online buying staying strong as the pandemic weighs, including grocery shopping, DoorDash (DASH) is partnering with grocery chain Albertsons Companies (ACI) to provide same-day service at more than 2,000 locations. The partnership also includes a custom loyalty program, expanded delivery hours and even a meal kit offering. • Facebook Launches Live Audio Rooms Social media giant Facebook (FB) has finally launched Live Audio Rooms, the company's latest suite of audio programs. The feature will allow creators to promote, share, and come up with new content on their own platform, and any Facebook user will be able to listen to podcasts and other shows on Live Audio Rooms. • China Cracks Down on Bitcoin Chinese authorities have ordered state banks to root out cryptocurrency-related trades, a move that caused Bitcoin and other cryptos to sell off late Sunday into Monday. Many Bitcoin mining firms are already working to relocate their mining hardware out of China and into other jurisdictions, including the United States. S&P 500 MOVERS TOP APA 7.312% HES 7.173% EOG 7.162% MRO 6.921% DVN 6.916% BOTTOM XLNX 3.328% AMD 2.424% BIIB 1.901% OGN 1.901% ENPH 1.67% Quote of the Day It's a massive flattening of the yield curve. It's an interest rate trade, and it's the belief the Fed is going to slow growth. So sell commodities, sell cyclicals... and in a slow growing economy people want to buy growth. It's all happening in two days. It's just a lot of rewinds. - Peter Boockvar, Bleakley Global Advisors chief investment officer, on the moves investors are looking at given the Federal Reserve's increasingly hawkish tone, as evidenced in last week's meeting. Sponsored Content Read This Before You Invest In Lithium! The old way of lithium mining won't meet booming demand... and this one company has the solution: Read THIS 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. 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