Unpacking This FAANG Stock's Big Day

Oil prices appear ready to resume their rally

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OPENING VIEW     4/23/2020
Wall Street FEEDING FRENZY on 5G SuperStock! One stock just blasted earnings due to "booming 5G demand." The $3 stock is bringing in... get this... $267K per MINUTE! Wall Street is loading up. Get the story on this 5G SuperStock right here.
Stock Futures Muted After Jobless Claims By Patrick Martin Share On Dow Jones Industrial Average (DJI) futures are muted this morning, as Wall Street unpacks the latest weekly jobless claims. Last week's report showed a 4.4 million increase in unemployment filings, topping the 4.3 million expectation and completely erasing all job gains since November 2009. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also struggling for direction, as oil prices continue on the upswing, with June-dated crude futures last seen 18.3% higher at $16.31 per barrel.  Continue reading for more on today's market, including:  Verizon stock eyes a key trendline ahead of earnings tomorrow. Breaking down a big day from this FAANG stock. Plus, Gap can't pay rent; ORLY revs its engine post-earnings; and AstraZeneca enters the COVID-19 treatment fray. >> Continue reading...
LATEST HEADLINES
>> Verizon Stock Eyes Ceiling as Earnings Loom VZ's post-earnings price history has been mostly negative >> Inside: How to Navigate the Coronavirus Crash Read more... >> Stocks, Oil Rebound Higher June-dated crude rose over 19% >> This Long-Term Bull Signal Has Never Been Wrong MTCH's 10-month moving average has helped launch the equity higher in the past >> IRA/401k: The Crash-Proof Retirement Plan Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Sponsored The Go-To Guide for Trading My proprietary e-book reveals the five proven systems and formulas you can use daily for the chance to win big. Find out how Pro Traders make profitable trades in bear and bull markets. Click Here To See How You Can Claim a FREE Copy (Limited Time)
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