Good Morning. It's official! We're in a period of deliberation. There's just a lot being thrown at..
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| | Good morning. It's official! We're in a period of deliberation. There's just a lot being thrown at the market right now and valuations, earnings and the news cycle is putting a brief pause to any direction. The reality is that we may have a brief period of low volatility for a period until stuff gets sorted out. Now here's the rest of the news: | | | | | | | | | | DOW 26,080.10 | -0.15% | | | | S&P 3,115.34 | +0.06% | | | | NASDAQ 9,943.05 | +0.33% | | | | *As of market close | | • | Stocks finished flat, as the market weighs the current valuation and COVID-19 escalation. | | • | Oil rose 2.22%, as OPEC supply cut optimism picks back up. | | • | Gold fell 0.26 %, as the trading range continues to tighten. | | • | Cryptocurrencies traded higher, with Bitcoin finishing 0.64% higher closing at $9385. | | | | | | | | 7 Small Cap Value Stocks that Should Make Your List | | | | As you search the market for the next opportunity, it can be difficult to gauge where things will go. With so many stocks significantly off their March lows and seeing earnings deteriorate, it's possible that the market takes a breather here before establishing its next phase. In the next bull phase, there is a likelihood that small cap stocks begin to outperform. Also, it may not just be any small cap stock, it may be small cap value companies that have solid balance sheets. » FULL STORY | | | | | | Option Traders and Buying Like They Mean It | | | | Often times, there are indications of buying in a company, but it can be hard to tell if they mean it. Essentially, is the bullish interest enough to continue to push the price beyond the present. This is the intent of using unusual option activity. On Thursday, option bulls began to revisit the options on this company. The call volume was nearly double the average as the price of the stock was over 1% higher for the session. » FULL STORY | | | | | | Large Holders of Financial Services Company Turn the Selling On | | | | Virtu Financial Inc (NASDAQ: VIRT) has been one of the better performing financial companies for 2020. While it took a dip during the mid-March sell-off, it quickly recovered those losses and has been trading in a range ever since. At this point, it makes you wonder whether it has reached a saturation point and investors are starting to waiver. If you look at the insider trading information for Virtu, the selling has begun over the past month. » FULL STORY | | | | | | | TOP | | LBTYA | 7.14% | | | LBTYK | 6.661% | | | VIAC | 5.15% | | | HFC | 4.897% | | | PSX | 4.61% | | | BOTTOM | | BIIB | 7.518% | | | ROST | 4.448% | | | ADS | 3.578% | | | NVR | 3.578% | | | LKQ | 3.42% | | | | | | | | | Globalization, perhaps the largest driver of developed world profitability over the past few decades, has already peaked. Now the U.S.-China conflict and global pandemic are further accelerating moves by multinationals to reshore and duplicate supply chains, with a focus on reliability as opposed to just cost optimization. | | - Ray Dalio, Bridgewater Associates, quoted by Bloomberg | | |
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