SNAP's Earnings Beat Attracts Bulls Notes

All three major benchmarks are eyeing weekly wins

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7/23/2021 Have you seen our volatility scorecard? Sign up by clicking here! S&P 500 Pacing for Record Close as Wall Street's Fears Subside By: Fernanda Horner The major indexes are attempting to extend their gains for a fourth-straight session, as Wall Street continues to set Covid-19 variant and economic growth fears aside. The Dow Jones Industrial Average (DJI) is up over 200 points this afternoon, while the S&P 500 Index (SPX) scored a fresh intraday high and is now pacing for a record close. The tech-heavy Nasdaq Composite (IXIC) is also firmly in the black, with social media powerhouses leading the charge. For the week, the three benchmarks are eyeing solid wins, as the 10-year Treasury yield continues to rise. Continue reading for more on today's market, including:  The social media giant skyrocketing on blowout earnings. Record-breaking quarterly report pushes Skechers stock higher. Plus, options traders blast EDU; New Home stock surges on buyout buzz; and NVLY sinks on stock offering pricing. Share on Read More...       Is the US government coming after Bitcoin? Bitcoin could crash soon. And even if you don't have a penny in cryptos YOU are going to feel the impact. The government is so afraid of cryptocurrency that some worry Biden will ban Bitcoin using a "backdoor"approach. Investors who know what to do could grow their money 60-fold in the months ahead. Get details here. Sponsored In Case You Missed It... Footwear Stocks Sprints Higher After Record-Breaking Earnings Skechers posted record earnings and revenue that topped expectations EDU Plummets on Potential Non-Profit Law China is considering making companies that offer tutoring services on school curriculum non-profit SNAP Slammed with Bull Notes After Blowout Earnings At least 17 analysts hiked SNAP's price target this morning Dow Futures Eye Triple-Digit Pop to Wrap up Rollercoaster Week Dow futures are pointed roughly 182 points higher Bitcoin crackdown could be days away Evidence is growing that the U.S. government is conspiring to take down Bitcoin. The signs are everywhere. The CEO of Kraken, a top crypto exchange, warns a "crackdown" is coming. And if you have a bank account, collect Social Security or get a paycheck, it is going to impact you, even if you don't own Bitcoin! Urgent briefing has the details. 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.