Tax Stock Resists the Selloff

The Dow is off over 267 points midday

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5/12/2021 Have you seen our volatility scorecard? Sign up by clicking here! Volatility, Inflation Fears Drag Dow Lower By: Lillian Currens Even more pressure is being applied to stocks today, with the Dow Jones Industrial Average (DJI) last seen down over 267 points midday. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are feeling the heat, too, as the former drops back below Tuesday's bottom -- a level investors have been keeping an eye on. Big Tech's prolonged selloff is combining with a surprising pop in inflation data, and it's crippling Wall Street. April's Consumer Price Index (CPI) rose 4.2%, marking the number's speediest leap since 2008. This massive market selloff is stoking Wall Street's "fear gauge" -- the Cboe Volatility Index (VIX). The index set for its first close above the 24 mark since March 9.  Continue reading for more on today's market, including: Intuit stock is bucking the broad market selloff, so far.  The gaming stock blitzed by options traders.  Plus, option bulls play the OXY bounce; penny stock breaks out; and record lows for ARRY.  Share on Read More...       Is THIS Warren Buffett's #1 Private Investment? Warren Buffett made $12 billion with the idea behind this technique and thanks to a loophole in SEC Rule 30.52, you can make these trades right from a normal brokerage account. These special trades are not options, but can cost as little as 1 cent and can multiply as much as 529 times... Get the full scoop here. Sponsored In Case You Missed It... Don't Sweat This Software Stock's Pullback VMW is nearing support that once acted as resistance FuboTV Stock Pops on Upbeat Revenue, Forecast The company reported better-than-expected revenue and raised its full-year guidance EA Volatile Despite Upbeat Q4 Earnings, Revenue Forecast The security attracted both a price-target hike and cut this morning Option Traders Eat Up Wendy's Stock After Earnings Wendy's increased its dividend, stock repurchase plan, and full-year guidance after earnings "Penny Trade" Pays Warren Buffett as much as 4,429%? "Penny Trades" are cheap and explosive, and Warren Buffett grabbed 46 million of them for 1 cent a pop. Right now, he's up as much as a rare 4,429% on this trade, and thanks to SEC loophole 30.52, you can play them in your brokerage account. Here's the #1 "Penny Trade" RIGHT NOW Sponsored Want More Minute-to-Minute Updates? Ranking the most volatile stocks → Schaeffer's Volatility Scorecard Before the market opens → Opening View After the market close → Market Recap 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 Schaeffer's has a podcast, have you given us a listen?       ADVERTISE // CAREERS // SHOP Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. 5151 Pfeiffer Road Cincinnati, OH 45242 If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here.