✔️ Banks saved the day, but the Fed may have just taken the trophy away as dividends may be suspended

Good Morning. The financial sector really led the way into the close as it was the top-performing..
Good morning. The financial sector really led the way into the close as it was the top-performing sector. However, the late vote by the Federal Reserve may require some banks to eliminate their dividend because of the stress tests. While its big news, we'll see how the market responds.


Now here's the rest of the news:
Sponsored Content
Up to 93.2% Accuracy Trading Before the Open?
You could see massive 11X gains before the market even opens!

Two world-renowned hedge fund managers have teamed up for this all-new strategy...

Are you tired of watching hard-working Americans lose their livelihoods overnight thanks to market volatility?

That's why you need to check this ONE STOCK out right now

I wasn't supposed to spoil the surprise... but there's an unveiling of a "bullet-proof" pre-market trading strategy! One trader is already up $46,500 using it.

If you stick around YOU could hit massive gains up to 1,139.67%

Click HERE to access the secrets of these two trading legends.


MARKETS
DOW 25,745.60 +1.18%
S&P 3,083.76 +1.10%
NASDAQ 10,017.00 +1.09%
*As of market close
Stocks fell yesterday, as the late-day surge in financials lifted stocks.
Oil fell 3.3%, as the price could not stay above $40.
Gold rose 0.83%, as the price firmed up following Wednesday's selling.
Cryptocurrencies traded flat, with Bitcoin finishing near Wednesday's low closing at $9265.

Today's TOP TIPS
10 Large Cap Growth Stocks Positioned to Weather the COVID Storm
Virtually all indices are weighted according to the size or market capitalization of a company. The bigger the market cap, the bigger the effect on the index. This becomes an issue when so many mega capitalization companies cross over to so many categories. As you look at the top holdings, you'll typically see the same five technology and communications companies at the top. This is where being a stock picker can give you an edge.

» FULL STORY

Option Market Anticipating Unfriendly Skies for this Airline
The rise in COVID-19 cases is creating a stir over what activities are acceptable and what businesses pose the most risk to consumers. Clearly, airlines have been in the crosshairs for a while and it may about to get even worse. Option traders appear to be seizing the opportunity to add some bearish exposure to airlines on Thursday. The put option activity on JBLU was over times the average with 60% of the volume getting filled at the ask price.

» FULL STORY

10% Owner Sells Ahead of Layoff Announcement from Audio Company
Sonos Inc (NASDAQ: SONO) announced on Wednesday that it will be laying off 12% of its workforce globally as the company seeks greater "flexibility" operationallyIn the past couple weeks, the volume has exploded as the price has reached $15. This creates a point where the price may breakout to the upside or to the downside. It's the downside potential that KKR was seeing as they liquidated their holding to the tune of 13.84 million shares on June 17.

» FULL STORY

IN OTHER NEWS

Stock market news live updates: Stocks choppy after Texas halts reopening process, citing rising infections

Fed balance sheet down again as currency swaps fall further

Equities gain, safe havens rise in choppy trading as virus cases surge

US STOCKS-Wall Street ends choppy session higher as strength in banks offsets virus woes

Opinion: A lot of bad news is converging on the stock market — here's how to deal with it

Macy's to lay off 3,900 employees as coronavirus hits sales

Fed's Powell to testify on CARES Act before House committee next week

Oil futures finish higher, but demand concerns position prices for a weekly loss

Fear Revives Muni-Bond Insurance Business From Decade-Long Slump

Brazil unemployment insurance claims jump 35% in first two weeks of June


S&P 500 MOVERS
TOP
NOV 9.83%
ACN 7.669%
NBL 6.264%
PXD 6.011%
AMP 6.009%
BOTTOM
COG 4.185%
M 4.13%
PHM 3.723%
KSS 3.537%
HRB 3.425%

Quote of the Day
Past experience shows that banks operating close to their regulatory minimums are much less likely to meet the needs of creditworthy borrowers, and the resulting tightening of credit conditions could impair the recovery,
- Fed Gov. Lael Brainard, Quoted by MarketWatch

Sponsored Content
Up to 93.2% Accuracy Trading Before the Open?
You could see massive 11X gains before the market even opens!

Two world-renowned hedge fund managers have teamed up for this all-new strategy...

Are you tired of watching hard-working Americans lose their livelihoods overnight thanks to market volatility?

That's why you need to check this ONE STOCK out right now

I wasn't supposed to spoil the surprise... but there's an unveiling of a "bullet-proof" pre-market trading strategy! One trader is already up $46,500 using it.

If you stick around YOU could hit massive gains up to 1,139.67%

Click HERE to access the secrets of these two trading legends.



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 Advisories:

The Next Superstock | Triple Digit Returns | Options Cash Cow

› Step #3 - Connect With The Community:

Trading Tips Official Facebook Group







Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense.

Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.



 

This email was sent to phanhoa1821960.trader@blogger.com by editor@tradingtips.com

TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405

Manage Subscriptionsreport SPAM


 

No comments:

Post a Comment