Pot Stock Ready for a Short Squeeze

The tech sector's rout is catching up with the Dow

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9/28/2021 Have you seen our volatility scorecard? Sign up by clicking here! Dow Set to Snap Win Streak as Tech Sector Weighs By: Lillian Currens The Dow Jones Industrial Average (DJI) looks ready to snap its four-day win streak, as the tech sector's recent rout catches up with the index, which was last seen down 419 points. A dramatic spike in the 10-year Treasury yield -- which surged as high as 1.558% earlier -- is casting a shadow on both the S&P 500 Index (SPX) and tech-heavy Nasdaq Composite (IXIC) as well, with both trading deep in the red at midday. Stocks' apparent freefall has boosted the Cboe Volatility  Index (VIX), which is eyeing its best day since mid-May. Investors are also eyeing a budget stalemate in Congress, after Republicans blocked a bill on Monday which would have injected funding into the government until December, and suspended the debt ceiling until the end of 2022. A government shutdown looms if lawmakers cannot reach an agreement by Friday. Plus, Federal Reserve Chair Jerome Powell is set to warn the Senate Banking Committee that inflation pressures may last longer than initially expected.  Continue reading for more on today's market, including:  A look at Aurora Cannabis stock after earnings.  Behind Ford's billion-dollar electric vehicle investment.  Plus, DBGI's upbeat 2022 guidance; investors brush off upbeat ALT data; and options bears target EBAY.   Share on Read More...       One Trade Day Hack That Maximizes Your Profits Don't settle for ordinary trading strategies. See how Vantagepoint's battle-tested predictive analysis can help you make smarter, more efficient trading decisions. Our mission is to empower traders daily. And it's our duty to help you avoid potential losses and find the best opportunities for success. Click the link above to learn more! Sponsored In Case You Missed It... CVS Stock Boosted by Latest Vaccine Developments CVS' fundamentals make it a safe play Aurora Cannabis Stock Brushes Off Revenue Miss, Bear Note ACB looks ripe for a short squeeze Ford Stock Pops on Company's $11 Billion Investment The company is opening new plants in Tennessee and Kentucky Sanofi Suspends mRNA Vaccine Development Amid Stiff Competition The French biotech will focus its efforts on developing a protein-based Covid-19 vaccine An Entirely New $1 Trillion Industry Telecommunications, defense, manufacturing are just some areas that will be transformed as this industry unfolds. At the heart of it all is a little-known startup. And four-digit gains are possible if you know how to play this transformation. Get details here. 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.