It's Time to Look at Bitcoin's Future

The S&P 500 hit another record as well

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Schaeffer's Midday Market Check
4/16/2021
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Dow Pulls Away from 34,000, Eyes Third-Straight Win


By: Jake Scott

Amid a record-setting run, stocks are closing out the week on a mostly higher note. The Dow Jones Industrial Average (DJI) was last seen up 112 points and eyeing its third-straight win, while scoring another intraday record high in the process thanks to an upbeat round of earnings reports.

The S&P 500 Index (SPX) hit another record high of its own, and is heading toward a fourth-consecutive week of positive gains. Sitting out the fun today though is the Nasdaq Composite (IXIC), last seen marginally lower midday. Nevertheless, the tech-heavy index is joining the Dow and S&P 500 with sizable weekly wins.

Continue reading for more on today's market, including:

  • Schaeffer's founder and CEO Bernie Schaeffer takes a look at the future of Bitcoin.
  • As flight demand recovers, this airline stock could benefit.
  • Plus, CSCO calls pop; General Finance stock soars on M&A news; and one underperforming biotech stock.
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Want More Minute-to-Minute Updates?

Ranking the most volatile stocks Schaeffer's Volatility Scorecard

Before the market opens Opening View

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Last week's rundown 5 Minute Market Rundown

Analyzing the current market climate Monday Morning Outlook

What's on our CEO's radar this week Chart of the Week

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