4 Positive Cash Flow Cloud Companies for the Pandemic
It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.
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| |  Good morning. You would think the market is efficient and has ample liquidity to price stocks and other markets efficiently.
Then an event comes along that wakes you up to how fragile things are right now. Just before yesterday's close as huge buy order emerged in the S&P 500 Emini futures. This caused the price to rally quickly and suddenly. We've seen this type of price action happen a couple times in the past couple months, but it doesn't leave you walking away with a feeling of confidence.
Now here's the rest of the news: | | | | | |
| | |  | DOW 25,742.65 | +267.63 | | | | S&P 3,080.82 | +25.09% | | | | NASDAQ 9,608.38 | +56.33% | | | | | *As of market close | | | • | Stocks fell yesterday, economic data surprises on the negative side. | | | • | Oil fell 4.15%, as oil demand is expected to pick up. | | | • | Gold fell 0.97%, as the gold fails again at the $1760 resistance. | | | • | Cryptocurrencies traded lower, with Bitcoin finishing 1.09% lower closing at $9545. | | | | | |
| | | 4 Positive Cash Flow Cloud Companies for the Pandemic | | | | There are so many things swirling around that are impacting the ability of businesses to function. Therefore, identifying companies that aren't negatively impacted by the mobility of society is one thing, but identifying companies that benefit from a lack of mobility is another. This is what makes the cloud space so attractive right now and why it continues to be one of the hottest industries in the market.
» FULL STORY | | | | |
| | Big Time Option Trade Placed on Retailer, Hedge or Bullish? | | | | Macy's Inc (NYSE: M) is a company whose share price has struggled until recently. Year-to-date the price is down over 55% but in the past week is up nearly 30%. Last week, the price broke out of a symmetrical triangle that has been forming since its March low near $4. With companies that have such flawed fundamentals and in an environment that is difficult for brick and mortar retailers, what is the next move for Macy's?
» FULL STORY | | | | |
| | | | TOP | | | WU | 11.299% | | | | DXC | 9.485% | | | | M | 9.262% | | | | EFX | 7.785% | | | | GPS | 7.685% | |
| | BOTTOM | | | TIF | 8.926% | | | | COTY | 4.556% | | | | NEM | 3.339% | |
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| MSCI | 3.116% | | | | TRIP | 3.021% | | | | |
| | |  | | There is that rotation going on as traders add more risk to their portfolios with securities that have been beaten up and should benefit as the economy recovers…That's what the market has been reaching for lately - the battle between growth and value for leadership of the market. | | - Tim Ghriskey, chief investment strategist at Inverness Counsel, quoted by Reuters  | |
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