Using Copper to Indicate Market Strength

Big Tech is recovering from yesterday's selloff

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Schaeffer's Opening View
5/05/2021
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Stock Futures Higher as Big Tech Recovers from Selloff


By: Jake Scott

Stock futures made a comeback today, rebounding after a session plagued by a Big-Tech selloff. Outside of strong earnings from the sector, shares of Apple (AAPL) and Tesla (TSLA) are rising ahead of the bell, after yesterday falling 3.5% and 1.7%, respectively. At last check, futures on the Dow Jones Industrial Average (DJI) are eyeing a more than 80-point open, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are noticeably higher as well. Lastly, according to ADP, private payrolls rose by 742,000 in April, a lofty move that was still below the 800,000 jobs economists expected to be added.

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

  • Schaeffer's Senior Quantitative Analyst Rocky White shows how to use copper to indicate market strength
  • iRobot stock plummeted despite a stellar Q1.
  • Plus, more on ATVI's post-earnings pop; bear notes roll out for Zillow stock; and Office Depot's parent company makes big announcement. 
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10X Bigger Than Amazon, Apple, or Google??


Amazon, Tesla, and Facebook... Along with the Army, Navy, Marine Corps, Airforce and Pentagon are all piling into a controversial new technology. According to the World Economic Forum, this new technology could be worth $12.7 trillion over the next few years. If you're looking to cash in on the next major tech trend, this is it.
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In Case You Missed It...


BUY Now or CRY Later Warning


This is a "BUY or CRY" warning. Jeff Bezos, Elon Musk, and Mark Zuckerberg, along with the Army, Navy, Marine Corps, and Pentagon, are all piling into a controversial new technology. The World Economic Forum predicts this new technology will be worth $12.7 trillion in the next few years. That's up to 20X bigger than Bitcoin...and up to 84X bigger than Ethereum...and bigger than Tesla, Google, and Amazon combined.
If you're looking to cash in on the next major tech trend, This is it.. Sponsored

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