👌Meme Traders Have a Fever for This Commodity👌

Good morning. Uranium fever is back in the markets. Periodically, the commodity used for...

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. Uranium fever is back in the markets. Periodically, the commodity used for nuclear power comes into the public's mind. While the commodity isn't directly traded like oil or copper, its price is determined by contracts between power companies and uranium miners. That makes the market somewhat inefficient, and easy to see when the market is tight. Now is one such time, and interest in uranium trading is growing on a number of platforms dominated by meme traders. On a supply and demand basis, they're right, as we've already seen in recent months with unusual options activity in a number of uranium producers. But with meme investors piling into the trade, it may be prudent to take some short-term profits here. Now here's the rest of the news: Sponsored Content Urgent New Crypto Alert – BUY BUY Silicon Valley millionaire Jeff Brown called it in 2014, when he first bought Bitcoin. In 2015, he called it again, when he publicly recommended Bitcoin at $240... In 2016, he recommended Nvidia at $25... before it hit $799... and he predicted the #1 returning tech stock in 4 years out of 5... In 2017, he called it again – when he recommended Bitcoin again along with two other cryptocurrencies, which have since soared as high as 924.3%... Now he believes THIS could be his most profitable public recommendation to date! Click here for the full details on his urgent new buy alert before it expires. MARKETS DOW 34,235.01 +0.93% S&P 4,393.19 +0.90% NASDAQ 14,896.85 +1.02% *As of market close • Stocks moved higher again on Thursday, after digesting higher-than-expected jobless claims. • Oil rose 1.3 percent, closing at $73.19 per barrel. • Gold declined 1.7 percent, last going for $1,748 per ounce. • Cryptocurrencies moved higher, with Bitcoin at $44,779 at the stock market close. Today's TOP TIPS This Slowly Recovering Industry May Continue to Surprise to the Upside Many industries have moved on from the pandemic. For those in travel and tourism, however, trends still remain far under pre-pandemic levels. However, the trend is improving, albeit slowly. One such sector that's continuing to recover is the cruise industry. Completely shut down for nearly a year, the slow resumption of cruises in the post-pandemic era is a true sign as to whether or not large, confined crowds can come together without creating health scares. » FULL STORY Insider Trading Report: The AES Corp (AES) Maura Shaughnessy, a director at The AES Corp (AES) recently picked up 30,000 more shares. The buy increased her stake by nearly 70 percent, and came to a total cost of just under $714,000. This marks the first insider buy at the company since June 2020, and a buy as shares have pulled back from recent highs. Three company employees sold shares back in August, with the total size of those sales far exceeding this insider buy. » FULL STORY Unusual Options Activity: Salesforce.com (CRM) Shares of cloud provider Salesforce.com (CRM) jumped higher on Thursday following solid earnings and a bullish full-year outlook. One trader sees the possibility for a move higher in the coming weeks. That's based on the October 29 $280 calls. With 35 days until expiration, over 2,200 contracts traded, a 22-fold rise in volume from the prior open interest of 101 contracts. The buyer of the calls paid $4.98 to make the trade. » FULL STORY IN OTHER NEWS • Chinese Officials Warn for "Possible Storm" of Evergrande Demise Chinese officials are warning local governments that Evergrande Group may potentially go bankrupt, and that they may need to step in last minute to handle the aftermath of such an occurrence. Some see the warning as a sign that China will only go so far to bail-out the property developer, and that there may be more economic and social trouble in China ahead. • Lumber Prices Start to Rebound After Poor Quarter Lumber prices remain volatile. After a major rally at the start of the year, the commodity has since pulled back. It's now one of the largest declining asset classes this quarter, but the price has started to move higher in the past month. Given strong housing and construction demand, further price gains may be likely for the commodity in the months ahead. • Apple Keeps Fortnite out of App Store Amid a lawsuit with Epic Games, owner of Fortnite, Apple (AAPL) states that the popular game won't be allowed back on the App Store until its legal battle is fully concluded. That could leave the game off of the App Store, and therefore off of iPhones, for several years. • Auto Industry to Take $210 Billion Hit from Chip Shortage This Year A new estimate is that 7.7 million auto units won't be produced this year thanks to the semiconductor chip shortage this year. That's up from 3.9 million in May. That also means that instead of losing out on $110 billion in potential revenue, the automotive sector is losing out on $210 billion from the chip shortage, which now may last into 2024. • Bigeye Raised $45 Million in Series B Funding Bigeye, a platform that recommends and monitors data quality for firms, has raised $45 million in Series B funding. That comes just six months after raising $17 million in a Series A round. The company has reported that its user base had doubled in each of the last four quarters, putting it well on the way to reaching unicorn status. S&P 500 MOVERS TOP DVN 8.039% CRM 7.361% APA 7.281% SLB 6.74% DRI 6.313% BOTTOM DLR  2.984% ETR 2.916% RMB 1.924% CCI 1.639% SRE 1.518% Quote of the Day The Fed struck a positive tone, acknowledging that the economy is strong enough to stand on its own two feet and the central bank can begin removing the monetary stimulus that they've been providing since the beginning of the Covid crisis. - Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, on the Fed meeting this week and why the market may continue to run higher even as the Fed starts weaning off its monetary stimulus in the months ahead. Sponsored Content Urgent New Crypto Alert – BUY BUY Silicon Valley millionaire Jeff Brown called it in 2014, when he first bought Bitcoin. In 2015, he called it again, when he publicly recommended Bitcoin at $240... In 2016, he recommended Nvidia at $25... before it hit $799... and he predicted the #1 returning tech stock in 4 years out of 5... In 2017, he called it again – when he recommended Bitcoin again along with two other cryptocurrencies, which have since soared as high as 924.3%... Now he believes THIS could be his most profitable public recommendation to date! Click here for the full details on his urgent new buy alert before it expires. 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 We just wanted to take a moment and say thank you so much for being part of our family! We are dedicated to teaching people how to make the world a better place so we can all thrive, together. 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