 | | 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. | |
| | |  | DOW 34,582.90 | -0.48% | | | | S&P 4,432.70 | -0.92% | | | | NASDAQ 15,043.97 | -0.91% | | | | | *As of market close | | | • | Stocks dropped going into the weekend, closing near lows of the day. | | | • | Oil dropped 0.9 percent, closing at $71.97 per barrel. | | | • | Gold dropped 0.2 percent, last going for $1,753 per ounce. | | | • | Cryptocurrencies trended flat, with Bitcoin at $47,526 at the stock market close. | | | | | | | |
| | | This Commodity's Rally Is Likely to Continue | | | | The past year has seen a number of commodities rise, and then sometimes fall. The list includes lumber, which at one point was the highest-performing commodity of the year before dropping.
The past few weeks have seen a major increase in interest in uranium. While some see the trend as the result of retail traders, hedge funds and family offices are also gaining exposure to the commodity to take advantage of higher prices as well.
» FULL STORY | | | | |
| | Insider Trading Report: JOANN Inc (JOAN) | | | | Ann Aber, senior vice president and general counsel at JOANN Inc (JOAN) recently picked up 1,000 shares. The buy increased her holdings by 66 percent, and came to a total price of just over $11,000.
Her buy was made a day after a 9,500 share buy from the company's SVP and Chief of Merchandise, who paid just over $99,000. The company's Chief Customer Officer picked up 2,500 shares on the same day, paying just under $26,000.
» FULL STORY | | | | |
| | Unusual Options Activity: Robinhood (HOOD) | | | | Shares of stock brokerage firm Robinhood (HOOD) have been declining since their IPO. One trader sees the decline continuing for the next few months.
That's based on the January $31 puts. With 123 days until expiration, over 1,500 contracts traded against a prior open interest of 114, for a 13-fold rise in volume. The buyer of the puts paid $2.80 to make the buy.
» FULL STORY | | | | |
| | • | SEC Considers Stricter Regulations for Stablecoins
Stablecoins, a type of cryptocurrency tied to the value of the US dollar, may face higher scrutiny from the SEC. The move comes as Congress considered taxing cryptos more like stocks, by subjecting them to "wash sale" trades and other measures. | | | | • | Vietnam Covid Shutdown May Impact Country's Manufacturing Prospect
The ongoing shutdown due to Covid in Vietnam is impacting far more than coffee prices. The county may be losing some of its luster as a manufacturing center as well. Vietnam has seen growth in part as many global producers have looked to diversify operations away from China. | | | | • | GM Sees Chevy Bolt Production Shutdown Extending into October
General Motors (GM) is extending the shutdown of its Bolt EV facility. The factory will remain idle through at least October 11, thanks in part to a battery pack shortage. GM has recently also had to shut down its conventional assembly plant in Michigan, also in part due to supply chain issues. | | | | • | Retail Sales Remain Robust
Despite a slowdown in personal income in the past month, data for August indicates that consumers increased their spending at retailers last month. That's a sign of strong demand in the economy, although it also indicates that savings rates for investors are down as well. | | | | • | Mega Mansion Defaults on $100 Million in Debt
A mega-mansion in Bel Air, once valued at $500 million, has defaulted on $100 million in debt, and is now on track for default. Dubbed "The one" by its developer, the 105,000 square-food home has seven pools, a 50-car garage, and a 10,000 bottle wine cellar. | | |
| | | | TOP | | | TMO | 6.352% | | | | IVZ | 5.062% | | | | CNC | 4.855% | | | | FANG | 3.672% | | | | ZM | 2.913% | | | | BOTTOM | | | IFF | 5.869% | | | | CPRT | 5.697% | | | | NUE | 4.671% | | | | FCX | 3.994% | | | | OTIS | 3.668% | | | | |
| | |  | | The data is absolutely clear. Over the past 40 years, the wealthy have gotten wealthier and too many corporations have lost a sense of responsibility to their workers, their communities and the country... How is it possible for millionaires and billionaires that can pay a lower rate of tax than teachers, firefighters or law enforcement officers? | | - President Biden, on rising wealth inequality in the country, and why he's proposing higher tax rates on corporations and individuals. | |
| | 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. | |
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