 | | |  Good morning, We're always on the lookout for unusual moves in the market. They could point to the start of a bigger trend… or a potential danger for investors to avoid. Right now, natural gas looks like it could see a big move in the months ahead—up or down.
Since the start of the year, prices have decreased, in part due to seasonal factors. However, since the start of the year, two natural gas ETFs have been big buyers of futures. And capital has flowed into them, more than doubling their net assets. Now, these two ETFs, BOIL and UNG, have about 30 percent of all front-month futures for natural gas.
That high concentration will likely cause the market to see some unusual price moves in the months ahead. And chances are natural gas prices could see a spike higher in the months ahead. Traders should be cautious here, and look for ways to go long on natural gas with energy stocks.
Now here's the rest of the news: | | | | | | | | Urgent Warning | | | | | | This was never meant for the general public. But it's all there in black and white …
A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions.
A pilot test program is already underway. And it's slated to launch at America's largest banks as soon as May of this year!
So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Click to Learn How | |
| | |  | DOW 33,876.78 | +0.13% | | | | | S&P 4,298.86 | +0.11% | | | | | NASDAQ 13,259.14 | +0.16% | | | | | *As of market close | | | • | Stocks rallied on Friday, with indices closing higher for the week overall. | | | • | Oil dropped 1.4 percent, closing at $70.28 per barrel. | | | • | Gold dipped 0.2 percent, ending the day at $1,975 per ounce. | | | • | Cryptocurrencies moved slightly lower, with bitcoin at $26,418 at the market close. | | | | | | | |
| | | Growth at a Reasonable Price Rarely Goes Out of Style | | | | Most investment analysis tries to put a company into either a growth category, or a value category. Fortunately, some stocks offer both at the same time. With some sectors of the market rallying strongly and value out of reach, being able to buy value while also seeing a move higher is huge.
And with a solid valuation, the share price can move higher from both higher earnings growth and a higher valuation multiple as the company grows.
» FULL STORY | | | | |
| | Insider Trading Report: Deere & Co (DE) | | | | Tami Erwin, a director at Deere & Co (DE), recently bought 675 shares. The buy increased her stake by 29 percent, and came to a total cost just under $250,500.
This marks the only insider buy at the company over the past two years. Company executives have otherwise exclusively been sellers over the past two years. However, those sales have come following the exercise of stock options.
» FULL STORY | | | | |
| | Unusual Options Activity: GameStop (GME) | | | | Retail game store GameStop (GME) dropped following the announcement that the company CEO was departing. One trader sees shares rebounding from that drop in the coming days.
That's based on the June 30 $22 calls. With 17 days until expiration, 10,388 contracts traded compared to a prior open interest of 250, for a 42-fold rise in volume on the trade. The buyer of the calls paid $1.29 to make the bullish bet.
» FULL STORY | | | | |
| | • | Middle Income Americans Face Housing Shortage
A combination of rising interest rates and low supply on the market is creating a shortage of housing for middle income Americans. The National Association of Realtors estimates the shortage is about 300,000 homes. Middle income buyers are households earning up to $75,000 per year, which would allow for a purchase price of about $256,000. | | | | • | Startups Drop Amid Tight Credit Conditions
The number of startup companies closing up shop is on the rise. Some firms are looking to pivot their business model to start increasing their cash flows now, while others are looking for fire sales. The combination of high interest rates and a poor IPO market for early stage companies are the main culprits for this trend. | | | | • | Insurers Eye Rising Cost of Climate Change
Property insurance companies are employing more tools to better estimate the costs of climate change, which may be responsible for more severe weather such as hurricanes and wildfires. A fire outbreak in Canada has led to the loss of 20,000 homes, in addition to darkening much of the Eastern Seaboard in the U.S. | | | | • | Binance.US Being Cut Off from U.S. Banking System
Cryptocurrency exchange Binance.US, the America-based arm of Binance, has reported that banking partners will "pause" their relationship as early as this week. The move comes as the SEC has sued Binance and its owner, and amid a crackdown against the cryptocurrency sector in the U.S. in general. | | | | • | Intellihartx Reports Data Breach
Patient balance and collection company Intellihartx has seen a data breach. The company reported to regulators that a ransomware attack led to 489,830 patients had their personal information compromised as a result of the breach, including medical billing and insurance information. | | |
| | | | TOP | | | MTCH | 6.505% | | | | TCOM | 4.509% | | | | ETSY | 4.203% | | | | TSLA | 4.062% | | | | GLW | 3.472% | | | | BOTTOM | | | DISH | 11.844% | | | | FMC | 3.989% | | | | ENPH | 3.76% | | | | ZION | 3.546% | | | | ODFL | 3.374% | | | | |
| | |  | | For all the folks who are very concerned about the narrowness of the rally, there is a little bit of a rotation going on into some of the more beat-down value and cyclical stocks. ... So overall, pretty healthy activity. | | - Ross Mayfield, investment strategy analyst at Baird, on the market's recent shift in leadership away from tech stocks in the past few trading sessions, which has given the market rally more breadth than just a handful of big tech names. | |
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