❇️ May the fourth late-day levitation pushes S&P into the green on the session

After wilting into the end of last week, it was the big cap tech names that held prices up early until other sectors could come around.

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Good morning. After wilting into the end of last week, it was the big cap tech names that held prices up early until other sectors could come around. Financial were weak early being down nearly 3%, but only finished off less than 1% by the end of the session. Was it the "force" of May the 4th that shone through, or is this a tone that's being set for a rally the rest of the week? Probably the latter, as the market seems poised to retest last week's high. Sponsored Content 5 Proven Trading Formulas My proprietary e-book reveals the five proven systems and formulas you can use daily for the chance to win big. Click Here To See How You Can Claim a FREE Copy (Limited Time) MARKETS DOW 23,749.76 +0.11% S&P 2,837.51 +0.24% NASDAQ 8,710.72 +1.23% *As of market close • Stocks rose yesterday, as it gained steam late in the trading session. • Oil rose 7.5%, as it closed above its $20 support level. • Gold rose 0.58%, as the price faded late in the session. • Cryptocurrencies traded higher, with Bitcoin finishing 1.36% higher closing at $8960. Today's TOP TIPS 3 Energy Names that Will Likely Outperform if the Bear Comes Out of Hibernation One of the few areas of the stock market that have priced in bear market conditions is energy. With the implosion of the expiring of the May contract, hello negative prices, and the continued weakness as oil prices succumb to contango market conditions, most energy stocks haven't reacted much. When stock prices don't respond to bearish news, it tells you something. Let's take a closer look at three companies that are poised to outperform, even in a continuation of the bear market. » FULL STORY Option Market Predicting Nasdaq 100 will Take Out March Lows by July with this Hedge There are a lot of uses for the options market as an investor or trader. One way to use them is to hedge portfolio risk. Option traders were fairly active trading QQQ options on Monday as over 70,000 bearish put verticals were placed for July indicating the QQQ will be trading below $170. The vertical provides the buyer with protection down to $150. » FULL STORY With Earnings in Rear View the COO of this Auto Company is Buying On April 28, 2020, Ford Motor Co (F) announced earnings after the market close. Analysts were expecting them to lose $0.10 a share, but instead lost $0.23. That was a large negative surprise, but it was the forecast of a $5 billion loss in Q2 that was even more negative. On April 30, the COO purchased 194,950 shares of stock valued at just over $1 million. He increased his holding from 633,972 shares to 828,922 shares. » FULL STORY IN OTHER NEWS • Here's what happened to the stock market on Monday • Shake Shack Q1 loss sends shares down slightly • Wall Street closes higher with help from tech, energy • French doctors say they found a Covid-19 patient from December • GE to cut up to quarter of its aviation staff • Massive U.S. stock bounce stokes doubts, provokes bears • Oil up 3% as countries ease lockdowns, production falls • Gold futures log a second session of gains • Fed Survey Shows Banks Tightened Loan Standards as Virus Spread • Mnuchin to Issue $3 Trillion in Debt After Virus Hobbles Economy S&P 500 MOVERS TOP PSX 10.729% TSLA 8.537% VLO 8.339% MPC 7.832% HP 7.377%   BOTTOM TSN 7.815% AAL 7.707% DAL 6.426%   LUV 5.713% WHR 5.5% Quote of the Day As this pandemic continues to advance, our understanding of its impact on our industry and our business has also evolved…Unfortunately more is required as we scale the business to the realities of our commercial market - avid Joyce, GE Aviation President, quoted by Reuters Sponsored Content How to Find Winning Trades Daily Professional traders leak secret strategies used to win thousands every single day. 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