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Call Put Strike - Financial News & Insights

Call Put Strike - Financial News & Insights

By Call Put Strike - Financial News & Insights

Call Put Strike Financial News & Insights gives listeners a weekday digest of the financial markets along with key insights into a daily topic of interest across business, financial markets, and other relevant investing and personal finance topics. The team at Call Put Strike digs deep into the numbers behind global business, Wall Street, and the financial markets of the world each day to deliver the news and stories that matter most. Curating leading publications and developing our own hard-hitting Journalism, we strive to be the world’s source of business and financial markets news.
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Call Put Strike Daily Insights: SpaceX Gets Grounded & An Introduction to Investing in Index Funds

Call Put Strike - Financial News & InsightsMay 27, 2020

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13:11
Tauros.io Partners With Dash To Launch First Visa Cryptocurrency Debit Card In México | Markets Brace For Jobs Report & Tech Continues 5-Day Rally – Daily Financial News Summary For August 6, 2020

Tauros.io Partners With Dash To Launch First Visa Cryptocurrency Debit Card In México | Markets Brace For Jobs Report & Tech Continues 5-Day Rally – Daily Financial News Summary For August 6, 2020

Markets Brace For Jobs Report & Tech Continues 5-Day Rally – Daily Financial News Summary For August 6, 2020

Thursday saw a late surge in tech, which we’ll get to in a minute, but first, the Dow Jones rose 0.7%, the Nasdaq climbed 1%, and the S&P 500 was up 0.6%. The Stoxx Europe 600 Index lost 0.7%.

The tech industry continued to charge today with Apple reaching another record high and being up 3.5%, while Facebook rallied 6.5% higher, Netflix and Alphabet both closed 1% higher. Microsoft also saw a 1.6% gain.

Gold climbed above $2,050 an ounce in a fifth straight day of gains and finished the day 1.2% higher to settle at $2,061.90 an ounce. Meanwhile, the West Texas Intermediate crude fell 0.4% to $42.03 a barrel. Copper fell 0.1% to $2.9135 per pound.

The first major professional golf tournament of the year kicked off in San Francisco at TPC Harding Park. It is the PGA Championship and as we publish Thursday evening, Jason Day sits alone atop the leaderboard at -5, while nine players are tied at -4 in second place. A few players were still out on the course.

The big news for Friday is the July U.S. jobs reports which are expected.

https://callputstrike.com/2020/08/06/markets-brace-for-jobs-report-tech-continues-5-day-rally-daily-financial-news-summary-for-august-6-2020/


Crypto Exchange Tauros.io Partners With Dash To Launch First Visa Crypto Debit Card In México

There is good news for Latin America crypto users following Tauros.io cryptocurrency exchange’s partnership with Dash to launch Visa cryptocurrency debit cards. Initially, the Visa crypto debit cards will be available to Mexican users only.

New crypto Visa debit card in Mexico

Latin America has been leading in championing the adoption of cryptocurrency, and it seems the efforts are bearing fruits. Dash and Tauros, which operate in digital asset services, have partnered to facilitate the launch of the first-ever crypto debit card in the region. For Tauro’s customers in Mexico, they can now spend Bitcoin, Dash, or any other cryptocurrency in various stores across the country that accept Visa cards.

https://callputstrike.com/2020/08/06/crypto-exchange-tauros-io-partners-with-dash-to-launch-first-visa-crypto-debit-card-in-mexico/

Aug 06, 202010:18
ETFs To Watch In Biotech And Healthcare Sectors | ADP Private Payroll Report Disappoints & Disney Climbs – Daily Financial News Summary For August 5, 2020

ETFs To Watch In Biotech And Healthcare Sectors | ADP Private Payroll Report Disappoints & Disney Climbs – Daily Financial News Summary For August 5, 2020

ADP Private Payroll Report Disappoints & Disney Climbs – Daily Financial News Summary For August 5, 2020

Wednesday kept things in the green as the Nasdaq advanced 0.4%, the S&P 500 was up 0.6%, and the Dow Jones rose 1.4% and hit a 4-day winning streak. The Stoxx Europe 600 Index gained 0.5%. The yield on 10-year Treasuries added four basis points to 0.54%.

While our after-hours reporting showed Disney remaining flat, today, the shares saw a 8.8% gains.

Another gainer for Wednesday was Novavax, whose shares popped 10.4% after the company reported phase one vaccine trial results that demonstrated a positive immune response among patients.

More good news on the fight against COVID-19 came from Johnson & Johnson when they announced they struck a $1 billion deal with the U.S. government to manufacture 100 million doses of its coronavirus vaccine candidate if it proves successful. As a result, their shares rose 0.8%.

https://callputstrike.com/2020/08/05/adp-private-payroll-report-disappoints-disney-climbs-daily-financial-news-summary-for-august-5-2020/

Defiance Nasdaq Junior Biotechnology ETF And ALPS Medical Breakthroughs ETF: ETFs To Watch In Biotech And Healthcare Sectors

Defiance Nasdaq Junior Biotechnology ETF (NASDAQ:IBBJ) is the latest addition as Exchange Traded Funds continue to elicit strong demand, given the strong bullish momentum in the equity market. With investments in the equity market edging high amid growing concerns over an extended stock market, the ETF seeks to provide targeted exposure to the biotech space that has been doing exceedingly well amid the disruptions fuelled by COVID-19 pandemic.

https://callputstrike.com/2020/08/05/defiance-nasdaq-junior-biotechnology-etf-and-alps-medical-breakthroughs-etf-etfs-to-watch-in-biotech-and-healthcare-sectors/

Aug 05, 202011:21
JPMorgan Strategists Warn Of Imminent Stock Market Correction | Disney Reports Results & Markets Optimistic On COVID-19 Stimulus - Daily Financial News & Insights For Tuesday, August, 4, 2020

JPMorgan Strategists Warn Of Imminent Stock Market Correction | Disney Reports Results & Markets Optimistic On COVID-19 Stimulus - Daily Financial News & Insights For Tuesday, August, 4, 2020

How to Choose A Student Credit Card: https://callputstrike.com/2020/08/04/how-to-choose-a-student-credit-card/


Market Optimism On Second COVID-19 Stimulus Plan – Daily Financial News Summary for August 4, 2020

The winds are howling on Wall Street today as Tropical Storm Isaias made its way up the east coast today. Unrelated, but the markets did blow higher with the Dow Jones up 0.6%, the S&P 500 up 0.36%, while the Nasdaq climbed 0.35% to another record close. Stoxx Europe 600 Index fell 0.1%. The euro rose 0.3% to $1.1801.

Some of the positivity in the markets came from developments in the next stages of COVID-19 stimulus packages. Mitch McConnell is supposedly “prepared to support” a coronavirus relief agreement when one is reached between the White House and the dems. The $600 per week federal unemployment benefits and a moratorium on federally backed housing have both expired, as we reported on yesterday.

Disney announced earnings after the bell Tuesday, and earnings per share outperformed at 8 cents compared to the expected loss of 64 cents, according to Refinitiv. Additionally, they announced that they now have over 100 million paid subscribers on their streaming services, which include Disney+, Hulu, and ESPN+. As many expected, park closures impacted revenues significantly. Shares saw little movement on the results.

What would Tuesday be without tech? Apple climbed 0.6%, but Netflix gained 2.2% and Amazon was up 0.87%. Alphabet fell 0.6% and Facebook slipped 0.85%.

https://callputstrike.com/2020/08/04/market-optimism-on-second-covid-19-stimulus-plan-daily-financial-news-summary-for-august-4-2020/

JPMorgan Strategists Warn Of Imminent Stock Market Correction

A stock market correction is imminent.

Those are sentiments shared by strategists at JPMorgan.

According to the strategists, the correction could come calling in the next few weeks as a plethora of weak economic data, continue to raise concerns. Payroll data, employment reports, and retail sales in the coming days are some of the releases that could trigger the correction.

“Some misgivings are justified given a macro backdrop that is becoming muddied, but not muddied enough to justify bearish targets or a defensive investment strategy,” say, strategists, led by John Normand, in a note. https://callputstrike.com/2020/08/04/jpmorgan-strategists-warn-of-imminent-stock-market-correction/



Aug 04, 202012:56
Twitter's $250 Million FTC Complaint | Apple & Nasdaq Hit Highs | TikTok Tug-of-war | America's Economic Future Bleakens - Daily Financial News & Insights For August 3, 2020

Twitter's $250 Million FTC Complaint | Apple & Nasdaq Hit Highs | TikTok Tug-of-war | America's Economic Future Bleakens - Daily Financial News & Insights For August 3, 2020

Twitter's $250 Million FTC Complaint | Apple & Nasdaq 100 hit record highs – Daily Financial News Summary For August 3, 2020

Monday kicked off the week on a high note. The Dow Jones was up 0.89%, the Nasdaq grew 1.47%, and the S&P 500 climbed 0.72%. Meanwhile Gold hit the $1,986.30 per ounce mark. The Stoxx Europe 600 Index gained 2.1%. The Nasdaq 100 reached its record high.

Looking back at July’s market performance, the major averages completed their fourth consecutive monthly gain in July, with the S&P 500 growing 5.5% and the Nasdaq gaining over 6%. The Dow gained 2.4% last month.

https://callputstrike.com/2020/08/03/apple-nasdaq-100-hit-record-highs-daily-financial-news-summary-for-august-3-2020/

U.S Households Staring At Harsh Times As $600 Unemployment Benefit Expires

The effects of a Republican-Democrat stalemate on Capitol Hill will be felt far and wide following the expiry of the $600 unemployment benefits program. The two sides failed to reach an agreement that would have seen the program extended and to continue supporting people hard hit by the COVID-19 pandemic.

Loss of Necessary Income

Unemployment benefits have since fallen by as much as 65% following the $600 a week boosts expiring last week. With the loss of benefits, more than 30 million Americans that have become jobless from the pandemic are expected to see a severe drop in weekly aid, with some experiencing a 90% drop.

https://callputstrike.com/2020/08/03/u-s-households-staring-at-harsh-times-as-600-unemployment-benefit-expires/

Microsoft Tik Tok Acquisition Could Strain Facebook Relationship

A confirmation that Microsoft intends to buy the Chinese app comes just days after President Donald Trump confirmed plans to ban the app over national security concerns. In recent weeks, there have been concerns that Chinese authorities are using the app to gain access to U.S user’s information, something that the U.S considers a matter of national security.

https://callputstrike.com/2020/08/03/microsoft-tik-tok-acquisition-could-strain-facebook-relationship/

Aug 03, 202018:26
Facemasks, Fauci, The Economy & COVID-19 Conspiracy Theories | Cryptocurrency Mainstream Adoption On Course As U.S Banks Start Offering Custody Services - Weekend Edition - Financial News & Insights

Facemasks, Fauci, The Economy & COVID-19 Conspiracy Theories | Cryptocurrency Mainstream Adoption On Course As U.S Banks Start Offering Custody Services - Weekend Edition - Financial News & Insights

  1. Markets Stumble To Close Volatile Week As Professional Sports Return – Daily Financial News Summary For Friday, July 24, 2020

https://callputstrike.com/2020/07/24/markets-stumble-to-close-volatile-week-as-professional-sports-return-daily-financial-news-summary-for-friday-july-24-2020/


  1. Facemasks, Fauci, The Economy & COVID-19 Conspiracy Theories

Conspiracy theories about the facemask’s role in combating the spread of the deadly coronavirus refuse to fizzle away. People are increasingly questioning their need even as the U.S continues to register record numbers of infections at the back of one of the world’s highest death rates. Some people have already found a way to fuel the fire, using footage of Dr. Anthony Fauci to question and criticize the face mask’s role in the fight against COVID-19, or even images from opening night of the Washington Nationals baseball game where he sat isolated in a nearly empty stadium.

Facemask Conspiracy Theories

While the video has been viewed over 2.5 million times on Facebook, it omits a quote by the infectious disease expert on purpose to perpetuate wrong and misleading information. Dr. Fauci is on record reiterating his support for a face mask as the understanding of COVID-19 improved.

https://callputstrike.com/2020/07/24/facemasks-fauci-the-economy-covid-19-conspiracy-theories/


  1. Cryptocurrency Mainstream Adoption On Course As U.S Banks Start Offering Custody Services

The Office of the Comptroller of Currency has set the stage for cryptocurrency mainstream adoption in the U.S. In a public letter, the department has made it clear that national banks across the country can hold onto cryptographic keys for cryptocurrency wallets paving the way for banks to start holding digital assets for clients.

Banks Crypto Custody Services

The declaration marks a major milestone in the evolution of cryptocurrency that have become part and parcel of people’s lives. Previously, crypto exchanges, as well as digital wallets, were the only ones offering custody services for digital assets. That is set to change as large financial institutions at the heart of the U.S financial system, can now venture into the booming crypto world, conversely, fuel mainstream adoption.

https://callputstrike.com/2020/07/24/cryptocurrency-mainstream-adoption-on-course-as-u-s-banks-start-offering-custody-services/

Jul 24, 202003:32
Tech Sell-Off Ends Four-Day Winning Streak & Dollar Weakens | Green Properties: The New Norm In Real Estate & No Longer A Luxury – Daily Financial News & Insights For Thursday, July 23, 2020

Tech Sell-Off Ends Four-Day Winning Streak & Dollar Weakens | Green Properties: The New Norm In Real Estate & No Longer A Luxury – Daily Financial News & Insights For Thursday, July 23, 2020

Tech Sell-Off Ends Four-Day Winning Streak & Dollar Weakens – Daily Financial News Summary For Thursday, July 23, 2020

A tech sell-off on Thursday afternoon sent the markets spinning and ended a four-day winning streak. The Dow Jones was down 1.3%, the S&P 500 down 1.2%, and the Nasdaq was today’s biggest loser down 2.2%. Meanwhile, the Russell 2000 inched just a touch higher rising by 0.0042%. The Stoxx Europe 600 Index closed up 0.1%.

In currencies, the euro gained 0.2% to exchange at $1.1593, reaching the strongest in more than 21 months on its fifth consecutive advance. The Japanese yen added 0.3% to reach 106.84 per dollar. The Bloomberg Dollar Spot Index lost 0.1%.

The tech sector struggled with Microsoft shares sliding 4.3% after reporting better earnings. The big item that sunk the stock today was that LinkedIn, their subsidiary company, was knocked down due to a weakened job market.

After a rally yesterday, Tesla ended up giving up most of its gains by falling around 5%. Netflix dipped 2.5%, Amazon fell 3.6%, and Apple closed 4.5% lower on the day.

As we reported yesterday evening ahead of the numbers released today, jobs impacted the markets as well. U.S. weekly jobless claims came in at 1.416 million for last week, marking the 18th straight week in which initial claims totaled more than 1 million. A stimulus package is expected next week, however, the $600 stimulus benefit for unemployment likely will be shrinking to just $100 or $200 based on various sources.

https://callputstrike.com/2020/07/23/tech-sell-off-ends-four-day-winning-streak-dollar-weakens-daily-financial-news-summary-for-thursday-july-23-2020/

Green Properties: The New Norm In Real Estate & No Longer A Luxury

Going green is the new norm in the real estate sector as the race to cut long term carbon footprint heats up. Green properties are increasingly cropping up around the world has become as developers look to leverage their synergies in addition to conserving the environment.

Green Property Standardization

In the race for a more sustainable world, the way buildings are constructed has drastically changed. Green building practices have become the standard in most countries wary of the impact of climate change and global warming. Developers are not only shifting towards green properties given their competitive advantage but also as a way of cutting down on the high-carbon asset class.

https://callputstrike.com/2020/07/23/green-properties-the-new-norm-in-real-estate-no-longer-a-luxury/



Jul 23, 202002:35
July Jobs Picture Worsens While Gold & Silver Glisten | Treasury And Bond Yields Falter Amid Stimulus Talks Uncertainty – Daily Financial News & Insights For Wednesday, July 22, 2020

July Jobs Picture Worsens While Gold & Silver Glisten | Treasury And Bond Yields Falter Amid Stimulus Talks Uncertainty – Daily Financial News & Insights For Wednesday, July 22, 2020

July Jobs Picture Worsens While Gold & Silver Glisten – Daily Financial News Summary For Wednesday, July 22, 2020

We saw the S&P 500 and the Dow Jones gain 0.6%, while the Nasdaq snuck higher just 0.2% on Wednesday. The S&P 500 traded at its highest level since February, mostly thanks to tech stocks.

Silver saw its biggest jump since March by more than 8% and gold rose past $1,870. Both exchange-traded funds, or ETFs, backed by silver are also at their highest. Gold ETF holdings saw their biggest gains since mid-June and also sit at their highest levels ever.

We saw a few pieces of news come full circle from Call Put Strike’s original reporting today, including that of Tesla’s new Gigafactory being confirmed just outside of Austin, TX. We originally reported on the rumors back in May. This was announced during their quarterly earnings report which sent the stock soaring above $1700 a share for a brief period after announcing its first year of profitability on a GAAP basis, which also means it could be considered for the S&P 500 now.

https://callputstrike.com/2020/07/22/july-jobs-picture-worsens-while-gold-silver-glisten-daily-financial-news-summary-for-wednesday-july-22-2020/

Treasury And Bond Yields Falter Amid Stimulus Talks Uncertainty

Treasury Yields are being hammered as uncertainty continues to grip the capital markets amid the havoc-causing COVID-19 pandemic. The 10-year Treasury note and the 30-year Treasury bond are on a downward spiral now that it has become clear that a new round of fiscal stimulus is highly needed to stabilize the struggling U.S economy.

Bonds Sell-Off

The 10-year Treasury note slid to lows of 0.606% as the 30-year Treasury bond slid to 1.302% as the U.S States continue to report record numbers of coronavirus cases. A fifth consecutive day of record numbers of infections, continue to arouse concerns in the bond markets.

https://callputstrike.com/2020/07/22/treasury-and-bond-yields-falter-amid-stimulus-talks-uncertainty/8

Jul 22, 202003:21
Stock Market Is Overvalued, Expect Square-Root Recovery: Leon Cooperman | EU Stimulus Approved, European ETFs Rally & Markets Close Mixed – Daily Financial News & Insights For Tuesday, July 21, 2020

Stock Market Is Overvalued, Expect Square-Root Recovery: Leon Cooperman | EU Stimulus Approved, European ETFs Rally & Markets Close Mixed – Daily Financial News & Insights For Tuesday, July 21, 2020

EU Stimulus Approved, European ETFs Rally & Markets Close Mixed – Daily Financial News Summary For Tuesday, July 21, 2020

Another day of musical chairs in the markets as the three main market indexes shifted again. The Nasdaq sunk 0.8%, while the Dow Jones gained 0.6% and the S&P 500 snuck 0.2% higher.

Tech dipped downward from the big Amazon gains yesterday, giving Apple, Amazon, Netflix, Facebook, and Microsoft a 1% loss on the day, while Alphabet saw a 0.5% loss.

As the markets closed, United Airlines announced a second-quarter loss of $1.6 billion. While the stock got jumpy during the announcement, at the time of publishing, the share price was up about 2% in after-market trading. Meanwhile, Delta closed the day up 0.8%, American Airlines stayed even with no gains on the day at market close, and Southwest Airlines was up 1.94% on the day.

The European Commission approved a 750 billion euro stimulus to help the European Union countries and industries that have been impacted by Coronavirus. Meanwhile, the United States anxiously awaits plans for next steps in Coronavirus relief plans as programs such as the $600 unemployment benefit and other mortgage and rent relief programs reach their expiration dates.

https://callputstrike.com/2020/07/21/stock-market-is-overvalued-expect-square-root-recovery-leon-cooperman/


Stock Market Is Overvalued, Expect Square-Root Recovery: Leon Cooperman

The U.S stock market and the economy are lacking many of the underlying principles previously used to explain them historically. Those are sentiments echoed by hedge fund billionaire, Leon Cooperman. He is the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management. According to the billionaire investor, at current levels, the market is overvalued, having failed to price in, or factor, some of the developments that signal economic growth stagnation.

“If you go back to your school days — you have a sharp movement down, you have a bounceback, but… the growth rate in the economy going forward will be less than people think,” Cooperman said and predicted the market will see a square-root shaped recovery, similar to his thoughts following the 2009 market crash.

https://callputstrike.com/2020/07/21/stock-market-is-overvalued-expect-square-root-recovery-leon-cooperman/

Jul 21, 202002:48
Tips On Avoiding Anxiety About Retirement | NYC Retail Real Estate Falls As Much As 30% & Amazon Rallies Markets Higher – Daily Financial News & Insights For Monday, July 20, 2020

Tips On Avoiding Anxiety About Retirement | NYC Retail Real Estate Falls As Much As 30% & Amazon Rallies Markets Higher – Daily Financial News & Insights For Monday, July 20, 2020

NYC Retail Real Estate Falls As Much As 30% & Amazon Rallies Markets Higher – Daily Financial News Summary For Monday, July 20, 2020

Markets rallied Monday as the Nasdaq rose 2.5%, the S&P 500 was up 0.8%, while the Dow Jones inched its way higher by 0.03% after starting the day in the red.

Amazon saw its share price skyrocket 7.9% and post its best day since December 2018 following the price target on Amazon stock being bumped up to $3,800 per share. This is the highest price target on Wall Street at the moment. Apple saw a 2.1% gain, Alphabet was up 3.1%, Microsoft spiked 4.3%, while Facebook and Netflix trailed with an increase of 1% each.

As we reported last week, Pfizer and BioNTech are making headway on a joint coronavirus vaccine, which reported further results that gave both a bump in stock prices today. BioNTech saw a 3.4% gain and Pfizer a 0.6% bump in share price. Synairgen, a British pharmaceutical company, saw its shares skyrocket 350% higher after news of a respiratory medication is reducing the number of COVID-19 hospitalizations in their clinical trial.

A handful of companies made noise in after-hours trading, including Moderna, which dipped another 1% after falling over 12.8% earlier in the day. This was a result of the positive news on the Pfizer and BioNTech progress.

https://callputstrike.com/2020/07/20/nyc-retail-real-estate-falls-as-much-as-30-amazon-rallies-markets-higher-daily-financial-news-summary-for-monday-july-20-2020/

Tips On Avoiding Anxiety About Retirement and How To Boost You Retirement Nest

As you get close to retirement age you may start becoming worried that you will not be able to afford retirement. This is the predicament that older adults are finding themselves in and thus some have to work longer or find alternative ways of ensuring they have saved enough for retirement. Most importantly, when thinking about retirement, it is vital to begin investing and saving earlier. Here are some tips to help you avoid panicking and boost your savings.

Regularly checking your investments and finances

It is important to pay attention to your finance as this will help you stay ahead of problems before they happen. Usually, managing personal finances intimidates or stress people so in most cases people ignore them. Checking on your accounts can help relieve the anxiety you may have about not being ready for retirement.


https://callputstrike.com/2020/07/20/tips-on-avoiding-anxiety-about-retirement-and-how-to-boost-you-retirement-nest/


Jul 20, 202002:35
Twitter Security Practices Under Scrutiny | U.S Housing Market Contraction Amidst Economic Uncertainty | Tech Sector Slumps Despite Flat Friday – Weekend Edition For Friday, July 17, 202

Twitter Security Practices Under Scrutiny | U.S Housing Market Contraction Amidst Economic Uncertainty | Tech Sector Slumps Despite Flat Friday – Weekend Edition For Friday, July 17, 202

Tech Sector Slumps Despite Flat Friday – Daily Financial News Summary For Friday, July 17, 2020

A pretty flat Friday in the markets as we head into the weekend. The Dow Jones slipped 0.2%, the Nasdaq was up 0.3%, and the S&P 500 also saw 0.3% gains. The Nasdaq was the only major market to close in the red this week.

Tech stocks remained skittish on Friday following a missed earnings report by Netflix Thursday evening, they fell 6.5%. Amazon had its first down week in 11 weeks, with a 1.2% slide on Friday, while Microsoft pulled back 0.5% and Apple was 0.2% in the red.

Twitter stock rebounded on Friday to a share price of $35.81, up 1.5% on the day. This is following the Twitter/Bitcoin hack that took over the accounts of prominent figures like former President Barack Obama, Bill Gates, Kanye West, Elon Musk, and others.

READ MORE: https://callputstrike.com/2020/07/17/tech-sector-slumps-despite-flat-friday-daily-financial-news-summary-for-friday-july-17-2020/


U.S Housing Market Contraction Amidst Economic Uncertainty

The housing market is heating up after starting the year on a roll. The COVID-19 pandemic has taken a toll on various sectors of the economy, with the housing industry not spared a bit. Uncertainty is the theme that continues to take a toll on the once burgeoning segment of the U.S economy.

https://callputstrike.com/2020/07/17/u-s-housing-market-contraction-amidst-economic-uncertainty/


Twitter Security Practices Under Scrutiny After Bitcoin Giveaway Hack

Twitter’s vulnerability was yet gain laid bare as a number of high profile twitter account fell in the hands of hackers who ended up propagating a Bitcoin giveaway scam. While most people are increasingly blaming Bitcoin, the social networking giant also has some blame to bear given the way the hackers were able to access the high-profile Twitter accounts.

How The Twitter & Bitcoin Scam Happened

The incident started with the hackers targeting Twitter employees conversely gaining access to the networking site through an admin tool. With the access, the hackers targeted Twitter accounts of the likes of Uber, Apple, Bill Gates, Barack Obama, and Elon Musk, among others.

https://callputstrike.com/2020/07/17/twitter-security-practices-under-scrutiny-after-bitcoin-giveaway-hack/

Jul 17, 202005:37
The Bond Episode: Federal Reserve Policy Boosts Bonds In Era of Low Interest Rates | Netflix Chills With Missed Earnings – Daily Financial News & Insights For Thursday, July 16, 2020

The Bond Episode: Federal Reserve Policy Boosts Bonds In Era of Low Interest Rates | Netflix Chills With Missed Earnings – Daily Financial News & Insights For Thursday, July 16, 2020

Netflix Chills With Missed Earnings & Bond ETFs Big Promise – Daily Financial News Summary For Thursday, July 16, 2020

Thursday saw all markets close in the red. The Dow Jones was down 0.5%, while the Nasdaq dropped 0.7% and the S&P 500 dipped to 0.3%.

Amazon had a slightly down day by 0.3%, which left it sitting just below the $3,000 mark at $2,999.90. Microsoft and Apple both sunk by over 1%. Netflix was up 0.8% at the end of the day pending earnings reports, which missed estimates and sent the stock plummeting around 10% in after-hours trading to $461.29 at its low point at the time of publishing.

READ MORE: https://callputstrike.com/2020/07/16/netflix-chills-with-missed-earnings-bond-etfs-big-promise-daily-financial-news-summary-for-thursday-july-16-2020/

Federal Reserve Policy Boosts Bonds In Era of Low-Interest Rates

The U.S bond market has always been bigger than the stock market, and the trend is not expected to change anytime soon amid a dovish outlook in the sector. Immediate data indicates that over $40 trillion is invested in the bond market against $30 trillion in the stock markets.

Bond Markets Outlook

Bonds have always been a firm favorite for investors, given the guaranteed returns on offer when dealing with high-quality bonds. While stock markets guarantee investors high returns, the risk that investors must contend with is always high.

In the run-up to the COVID-19 crisis, bonds were on high demand as investors rushed to take advantage of a high-interest rate. Bonds sold by blue-chip companies sold off as investors rushed to get hold of high coupons.

Sentiments in the bond market nosedived in the wake of the Federal Reserve passing a string of fiscal and stimulus plans to protect the market in the wake of the pandemic. Sentiments hit an all-time low as the U.S cut interest rates to record lows all in the effort of boosting liquidity levels.

While a dovish monetary policy by the Federal Reserve is likely to keep interest rates at all-time lows, investors will continue to bet on riskier corporate bonds to eke out higher returns.

READ MORE: https://callputstrike.com/2020/07/16/federal-reserve-policy-boosts-bonds-in-era-of-low-interest-rates/

Bonds, ETFS, Gold, Investing, Market Insider, News, Stock Market, Trader Talk

Jul 16, 202002:39
What Has The U.S-China Trade-War Taught Us After One Year? | Bearish Bitcoin, Twitter Gets Hacked & Goldman Sachs Surges – Daily Financial News & Insights For Wednesday, July 15, 2020

What Has The U.S-China Trade-War Taught Us After One Year? | Bearish Bitcoin, Twitter Gets Hacked & Goldman Sachs Surges – Daily Financial News & Insights For Wednesday, July 15, 2020

Bearish Bitcoin, Twitter Gets Hacked & Goldman Sachs Surges – Daily Financial News Summary For Wednesday, July 15, 2020

Today we’ll consider the extended tax deadline edition…

The middle of the week kept the market’s spirits high. The S&P 500 and the Dow Jones were both up 0.9%, while the Nasdaq was up 0.5%, while the small-cap stock index, the Russell 2000, decided today was the time to climb. It grew 3.5% for the largest single-day gain since early June.

While areas of the stock market remain volatile, Bitcoin has been seeing a somewhat unusual run of stability. Bitcoin (BTC) slipped 1% over the previous 24 hours with a 24-hour range of $9,153-$9,279. This puts it below the 10-day and 50-day moving average, which some are saying is a bearish signal after optimism the cryptocurrency would see its value surpass $10,000 in the near future.

Jack Tan, the founding partner of Taiwan-based firm Kronos Research, said, “Trading bitcoins is about as exciting as sitting in traffic, I’m guessing bitcoin’s time will come in the next couple of months, but for now just enjoy the altcoin and equities rallies.”

Moderna stock price rose 6.9% following information published by the New England Journal of Medicine showing Moderna’s coronavirus vaccine produced neutralizing antibodies in all 45 patients in its early stage human trial.

READ MORE: https://callputstrike.com/2020/07/15/bearish-bitcoin-twitter-gets-hacked-goldman-sachs-surges-daily-financial-news-summary-for-wednesday-july-15-2020/


What Has The U.S-China Trade-War Taught Us After One Year? Winners vs. Losers

One year since it started, the U.S-China trade war is far from over, having had casualties and disrupting the way countries trade with each other. The most significant casualties have been U.S and Chinese companies that have had to change their investment plans in the two countries and how they do business.

READ MORE: https://callputstrike.com/2020/07/15/what-has-the-u-s-china-trade-war-taught-us-after-one-year-winners-vs-losers/

Bitcoin, Cryptocurrency, Investing, Market Insider, News, Stock Market, Trader Talk

Jul 15, 202012:10
Five Personal Finance Lessons The COVID Pandemic Has Taught Us | Wells Fargo Misses Earnings, Tech Titans Tilt Downward – Daily Financial News & Insights For Tuesday, July 14, 2020

Five Personal Finance Lessons The COVID Pandemic Has Taught Us | Wells Fargo Misses Earnings, Tech Titans Tilt Downward – Daily Financial News & Insights For Tuesday, July 14, 2020

Wells Fargo Misses Earnings, Tech Titans Tilt Downward & COVID Climb Continues – Daily Financial News Summary For Tuesday, July 14, 2020

What goes down, must come up. Another tumultuous day in the markets. The S&P 500 was up 1.4%, the Nasdaq up 1%, and the Dow Jones managed to climb 2.3% on Tuesday.

While the markets were up, some of the tech titans saw losses, including Amazon and Netflix being down more than 1%, while Facebook and Alphabet/Google, were down just 0.1%.

Netflix saw losses after it was downgraded by UBS from buy to neutral over concerns of the stock being overvalued. It is up 60% on the year, much of which is a result of more people staying at home due to Coronavirus quarantines. While it closed being down just around 1%, at moments in the trading day, it was down as much as 6.7%.

Wells Fargo had a tough earnings reporting day after revealing it would be cutting its dividend to 51 cents per share, which is 10 cents less than prior dividends. They also reported a $2.4 billion loss, which resulted in a 5% slide in the share price.

JP Morgan Chase, on the other hand, saw a 79% leap in trading revenue to $9.7 billion as a result of equities and bond trading. They also exceeded the total revenue estimate of $30.3 billion with revenues reaching $33 billion. It closed the day 0.57% higher.

https://callputstrike.com/2020/07/14/wells-fargo-misses-earnings-tech-titans-tilt-downward-covid-climb-continues-daily-financial-news-summary-for-tuesday-july-14-2020/

Five Personal Finance Lessons The COVID-19 Pandemic Has Taught Us

The COVID-19 Pandemic has dramatically affected the social and financial lives of people. Many businesses have been impacted, resulting in reduced salaries and even furloughing employees as uncertainty continues to grow. The pandemic has taught several lessons about personal finances that they can adapt to when facing an economic downturn. Here are five personal finance lessons from the COVID-19 pandemic:

1.) An emergency fund is essential because you can lose income abruptly

The first lesson that the pandemic has taught us is that our finances are fragile, evidenced by the growing unemployment. Most people have lost their sources of income, which further stresses the need to have an emergency fund. With the pandemic realities, those who still have income have realized the need to save more every month.

https://callputstrike.com/2020/07/14/five-personal-finance-lessons-the-covid-19-pandemic-has-taught-us/

Jul 14, 202012:54
Diving Into ETF Trends | Tesla’s Wild Ride While Markets Rise & Fall On COVID Concerns - Daily Financial News & Insights for Monday, July 13, 2020

Diving Into ETF Trends | Tesla’s Wild Ride While Markets Rise & Fall On COVID Concerns - Daily Financial News & Insights for Monday, July 13, 2020

Tesla’s Wild Ride While Markets Rise & Fall On COVID Concerns – Daily Financial Summary For Monday, July 13, 2020

The S&P 500 ended the day down 0.9%, the Nasdaq was down 2.1%, while the Dow Jones managed to sneak back up to positive territory at the close of the markets to be up about 0.04%.

The S&P 500 touched positive territory for 2020 just briefly today, before markets turned downward following there morning rallies out of the weekend. The Nasdaq was up as much as 1.95% before tumbling to close the day 2.1% in the red. The Dow and S&P 500 were coming off of two weeks of gains, and the Nasdaq was on a three-week run. It remains unseen how the rest of the week will play out.

Tech industry leaders Facebook, Alphabet, and Amazon fell at least 1.7% on the day, despite the optimism that these companies remain limited by COVID-19 impacts among investors.

READ MORE: https://callputstrike.com/2020/07/13/teslas-wild-ride-while-markets-rise-fall-on-covid-concerns-daily-financial-summary-for-monday-july-13-2020/


ETF TRENDS: Top Exchange Traded Funds (ETFs) To Earn At Least 3% Yield

Interest rates, at record lows, have made it extremely difficult for investors to generate solid current income in the capital markets. The situation is the same in many countries, given the meager interest rates from government bonds. Traders are increasingly turning to Exchange Traded Funds, or ETFs, to bolster investment portfolios given their sizeable and benchmark beating yields.

High yielding ETFs are increasingly providing investors with avenues to compensate for capital losses in the equity markets. ETFs that offer 3% yields and above and have decent price performance could be the best alternatives for riding the challenging environment fueled by COVID-19.

ETFs Soaring

Amid the disruptions triggered by COVID-19, some ETFs continue to outperform the overall stock market at the back of a perfect opportunity fuelled by the pandemic. ETFs focused on e-commerce outlets have emerged as ideal investment alternatives for riding out the challenging investment environment.

READ MORE: https://callputstrike.com/2020/07/13/top-exchange-traded-funds-etfs-to-earn-at-least-3-yield/


ETFS, Investing, Market Insider, News, Personal Finance, Stock Market, Trader Talk

Jul 13, 202010:59
Dogecoin Pumped By TikTok | Gilead’s Coronavirus Treatment Leads Market Optimism | Industrial Warehouses Lead Real Estate – Daily Financial News & Insights for Friday, July 10, 2020

Dogecoin Pumped By TikTok | Gilead’s Coronavirus Treatment Leads Market Optimism | Industrial Warehouses Lead Real Estate – Daily Financial News & Insights for Friday, July 10, 2020

Gilead’s Coronavirus Treatment Leads Market Optimism To Close The Week Higher – Daily Financial News Summary for Friday, July 10, 2020

The S&P 500 climbed 1.05% to 3,185.04. The Dow Jones Industrial Average gained 369.21 points, or 1.44%, to close this week at 26,075.30.  The Nasdaq closed in the green and was up 0.66% to 10,617.44.

Optimistic news about remdesivir, a potential coronavirus treatment from Gilead Sciences, contributed to the rally in the markets despite a slow start in the morning. Gilead Sciences said of remdesivir that it “was associated with an improvement in clinical recovery and a 62 percent reduction in the risk of mortality compared with standard of care.”

Amazon also saw a 0.5% bump to put it at another record high price after Citi increased its target price to $3,550. Meanwhile, Netflix continued its record-breaking closes this week as it was up 8%

https://callputstrike.com/2020/07/10/gileads-coronavirus-treatment-leads-market-optimism-to-close-the-week-higher-daily-financial-news-summary-for-friday-july-10-2020/

U.S Real Estate Blossoming amid Strong Industrial Warehouse Demand for E-Commerce

The real estate bubble was the catalyst behind the 2009 financial crisis. Fast forward, the global economy is on the cusp of yet another economic meltdown, fueled by the COVID-19 pandemic. Even as key sectors in the U.S economy continue to reel from the effects of COVID-19, real estate has emerged as a soft spot, doing exceedingly well amidst the challenges.

Booming e-Commerce

COVID-19 has changed the way people live as it continues to rattle key sectors of the global economy. The social distancing measures put in place to curb the spread of the virus has, to a great extent, changed the way people do shopping to the extent of reinvigorating the industrial real estate segment.

Shoppers are no longer flocking to brick and mortar stores for shopping. Shopping online and having the items delivered to consumer’s doorsteps is a trend that has increased in the U.S. With the change, e-commerce platforms are enjoying a booming business.

https://callputstrike.com/2020/07/10/u-s-real-estate-blossoming-amid-strong-industrial-warehouse-demand-for-e-commerce/


Dogecoin Explodes To Two-Year Highs Following Tik-Tok Pump Challenge

https://callputstrike.com/2020/07/10/dogecoin-explodes-two-year-highs-on-tik-tok-challenge-pump/

Jul 10, 202010:15
What is the Hong Kong Security Law? | Florida Coronavirus Cases Spook Markets While Tech Rides High – Daily Financial News & Insights For Thursday, July 9, 2020

What is the Hong Kong Security Law? | Florida Coronavirus Cases Spook Markets While Tech Rides High – Daily Financial News & Insights For Thursday, July 9, 2020

Florida Coronavirus Cases Spook Markets While Tech Rides High – Daily Financial News Summary For Thursday, July 9, 2020

Mixed markets today as the Nasdaq reached record highs after closing up 0.5%, while the Dow Jones slid 0.5% and the S&P 500 fell 0.6%.

Some of today’s biggest winners were Amazon, which was up 3.3%, Costco was up 2.915%, while Walmart closed up 2.66%.  Video game company Electronic Arts saw shares go up 2.35%.

While many were up today, Walgreens Boots Alliance saw shares dive 7.8% as a result of their missed earnings. Much of the negative reaction was attributed to their Boots UK stores low sales numbers from low foot traffic due to stay-at-home orders. They plan to cut 4,000 jobs in the Boots UK business as a result.

Others that saw losses included Kohl’s retail and United Airlines, which both were down 7.25%. Oil and gas stocks also took a hit with Hess Corp down 9.4%, Phillips 66 down 7.8%, and Marathon Oil down over 7% today.

https://callputstrike.com/2020/07/09/florida-coronavirus-cases-spook-markets-while-tech-rides-high-daily-financial-news-summary-for-thursday-july-9-2020/


Hong Kong National Security Law Threat To U.S Tech Giants And Financial Institutions

China imposing Hong Kong Security Bill 2020 and the U.S retaliating with a new sanction bill is a tailwind that threatens U.S companies’ operations in the former British colony. The security law has already had its first casualty, ByteDance, has announced it is ending support for video service TikTok in Hong Kong.

Hong Kong National Security Law

With the passing of the Hong Kong national security law, Beijing now has sweeping powers to prosecute any entity it perceives as a threat to national security. On its part, Washington has responded the best way it knows, fearing its interests in the semi-autonomous region are at considerable risk.

The U.S Congress has already passed a bill that establishes penalties to foreign persons or entities that undermine Hong Kong one country, two systems, under the new security law. The bill gives the government of the day the power to block assets and deny U.S entry to entities that implement the security law.

https://callputstrike.com/2020/07/09/hong-kong-national-security-law-threat-to-u-s-tech-giants-and-financial-institutions/

Jul 09, 202013:04
Apple & Coronavirus Hits Record Highs, While Twitter “Gryphon’s” Higher | Microsoft Eyes Warner Bros To Expand Gaming Division – Daily Financial News & Insights for Wednesday, July 8, 2020

Apple & Coronavirus Hits Record Highs, While Twitter “Gryphon’s” Higher | Microsoft Eyes Warner Bros To Expand Gaming Division – Daily Financial News & Insights for Wednesday, July 8, 2020

Apple & Coronavirus Hits Record Highs, While Twitter “Gryphon’s” Higher – Daily Financial News Summary for Wednesday, July 8, 2020

Today saw the Dow Jones rise 0.7%, the S&P 500 went up 0.8%, and the NASDAQ saw gains of 1.2% and put it on the books for a record high day at 10,492.50.

Speaking of records, Apple also saw 2.3% gains to close the day at a record high of $381.37 after Deutsche Bank analysts gave them a positive price target increase. Amazon also saw 2.7% gains, while Netflix and Microsoft also closed over 2% higher.

Social media platform Twitter also saw an unusual uptick in share price, closing over 7% higher on the day as a result of a job posting for a code-named project “Gryphon.” The job posting made mention of a subscription platform and feature, which excited the markets and had the share price up over 12% at a point in the day.

Bed Bath & Beyond (NASDAQ: BBBY) announced after the closing bell that their sales fell nearly 50% to $1.31 billion from $2.57 billion a year ago. In an effort to try to get back to profitability, the company also announced they will be closing close to 200 stores over the next two years. The news resulted in a 7% drop in after-hours trading.

https://callputstrike.com/2020/07/08/apple-coronavirus-hits-record-highs-while-twitter-gryphons-higher-daily-financial-news-summary-for-wednesday-july-8-2020/


Microsoft Eyes Warner Bros To Expand Gaming Division

Microsoft Corporation (NASDAQ: MSFT) has joined the fray in the acquisition of Warner Bros Interactive Entertainment. The acquisition would allow the tech giant to strengthen its gaming division, having already acquired several game-development studios in the recent past.

AT&T And Their Divestment Push

AT&T Inc. (NYSE:T) is looking for potential buyers of the Interactive Entertainment division as it seems to generate additional capital to shrug off the effects of the COVID-19 pandemic. The company is also looking to pay down part of its debt that has ballooned to highs of $154 billion.

The wireless carrier acquired Time Warner for $109 billion in 2018, conversely gaining access to Warner Bros Interactive Entertainment. The acquisition is believed to be the primary catalyst behind the massive debt holding.

https://callputstrike.com/2020/07/08/microsoft-eyes-warner-bros-to-expand-gaming-division/

Jul 08, 202011:56
Stock Insights: Samsung Today & Future Earnings | Trump Vows Schools Reopen & Travel Stocks Sink – Daily Financial News & Insights for Tuesday, July 7, 2020

Stock Insights: Samsung Today & Future Earnings | Trump Vows Schools Reopen & Travel Stocks Sink – Daily Financial News & Insights for Tuesday, July 7, 2020

Trump Vows Schools Reopen & Travel Stocks Sink – Daily Financial News Summary for Tuesday, July 7, 2020

After a big day of gains yesterday, today’s results rebounded back and we saw losses across the markets, including a slide just before the closing bell to put the markets deeper in the red. The Dow Jones closed down 1.51%, the S&P 500 was down 1.08%, while the NASDAQ ended down 0.86%. This ended five days in the green for the NASDAQ and the S&P 500.

Travel stocks continue to suffer as the yo-yo effects of reopening and COVID threats impact travel domestically and internationally. Norwegian Cruise Line and Carnival were both down by more than 5% each, while United Airlines was down by 7.6% as they announced additional furlough and layoff warnings. American Airlines also saw it’s stock close the day 6.95% lower.

Levi Strauss & Company announced that sales were down 62% in the second quarter and that the company also plans to cut about 15% of its global workforce as a result. That dive in sales was a result of their retail locations being closed for nearly 10 weeks and their need to rely on online sales, which could not cover the retail sales.

According to Peter Cardillo, the chief market economist at Spartan Capital Securities, “This market is way overbought. This market has been ignoring the potential problems that are going to arise from the coronavirus.”

President Donald Trump plans to keep schools on track to be reopened in the fall despite COVID cases continuing to grow, he said in a White House event today. More than 50 million children attend school in the United States.

“We’re very much going to put pressure on the governors and the schools to reopen, open your schools in the fall,” the President said.

TikTok, owned by Beijing-based ByteDance, is again become a target on the radar of another government. After India announced bans of TikTok this past week, among other Chinese technologies, Secretary of State, Mike Pompeo, said Tuesday that the United States is also looking at banning the popular social media app, along with other Chinese social media apps that may be creating national security concerns.

https://callputstrike.com/2020/07/07/trump-vows-schools-reopen-travel-stocks-sink-daily-financial-news-summary-for-tuesday-july-7-2020/

Stock Insights: Samsung Q2 Profit Up 23% Amid Covid-19 Disruptions

Samsung Electronics Co., Ltd (OTCMKTS:SSNLF) weathered COVID-19 disruptions in Q2, going by the stellar financial results for the three months ended June. The South Korean juggernaut saw underlying profits come in better than expected, helped by surging internet traffic that saw chip demand surge to record levels. The hardware giant also benefited from a spike in hardware demand as more people were forced to work from home in the quarter.

What Were The Samsung Q2 Results for 2020?

Operating profits were up 23% coming in at 8.1 trillion won or $6.8 billion in the quarter compared to 6.2 trillion reported in the same quarter last year. Net sales totaled 52 trillion won driven by strong demand or chips used in making internet devices.

https://callputstrike.com/2020/07/07/samsung-q2-profit-up-23-amid-covid-19-disruptions/

Jul 07, 202010:49
Uber Acquires Postmates: Deal Insights | Markets See Fireworks With Netflix & Amazon Seeing All-Time Highs – Daily Financial News Summary for Monday, July 6, 2020

Uber Acquires Postmates: Deal Insights | Markets See Fireworks With Netflix & Amazon Seeing All-Time Highs – Daily Financial News Summary for Monday, July 6, 2020

Markets See Fireworks With Netflix & Amazon Seeing All-Time Highs – Daily Financial News Summary for Monday, July 6, 2020

The markets saw post-Fourth of July fireworks on Monday. The Dow Jones rose by 1.78%, the S&P 500 by 1.59%, and the NASDAQ by 2.21%. The Russell 2000 rose at 0.77%, but did not feel the rally as much as the primary indexes. This was an all-time high for the NASDAQ composite.

The markets saw a couple deals that influenced the rallies, including Warren Buffett’s Berkshire Hathaway making its first major deal amid market turmoil for the year. Berkshire Hathway acquired natural gas storage and transmission assets from Dominion Energy, which caused the Berkshire Hathaway A-class of shares to jump 2.4%, while Dominion Energy dropped 11%.

Food delivery app Postmates was also acquired by Uber Technologies, in a $2.65 billion all-stock deal. This is likely going to give Uber Eats a gain in market share against competitors and sources said the deal was struck as Postmates experienced cashflow issues.
READ MORE: https://callputstrike.com/2020/07/06/markets-see-fireworks-with-netflix-amazon-seeing-all-time-highs-daily-financial-news-summary-for-monday-july-6-2020/


Deal Insights: Uber Signs Deal To Acquire Postmates For $2.65 billion

Uber Technologies Inc (NYSE: UBER) has reportedly inked a deal that will allow it to acquire a food delivery company called Postmates for $2.65 billion through an all-stock deal.

The acquisition aligns with Uber’s plan to double down on the food delivery business, and Postmates is the perfect match since it has already built a strong reputation through its food delivery app. The Initial reports about the colossal acquisition deal popped up during the weekend after Uber’s board of directors approved the deal.

Uber already has a food delivery business called Uber Eats that it has been working towards improving so that it can compete more effectively with rivals in the same segment. The food delivery business aligns with its ride-hailing business model, allowing it to tap into those synergies to generate more revenue.

Uber is expected to reveal whether Postmates will be operated under Uber Eats as part of the acquisition or whether it will entirely absorb it. Pierre-Dimitri Gore-Coty, the current executive in charge of Uber Eats, is expected to operate the expanded food delivery business. Sources familiar with the matter claim that Postmate’s CEO, Bastian Lehmann, will stay on board with his team to help run the food delivery business even after the acquisition deal is complete.

READ MORE: https://callputstrike.com/2020/07/06/uber-signs-deal-to-acquire-postmates-for-2-65-billion/

Jul 06, 202011:57
Tesla Rally Rides Into Weekend & Jobs Report Drives Market Optimism – Daily Financial News Summary for Thursday July 2, 2020

Tesla Rally Rides Into Weekend & Jobs Report Drives Market Optimism – Daily Financial News Summary for Thursday July 2, 2020

Editors Note: Have a great 4th of July weekend. The markets are closed Friday, July 3rd, so Call Put Strike will resume publishing on Monday, July 6, 2020.

The final trading day of the week ended in the positives for major indexes. The Dow Jones rose by 0.36%, the S&P 500 by 0.45%, and the NASDAQ by 0.52%. The NASDAQ hit an intraday high, as well as a record closing high today. The Dow Jones gained 3.9% this week, while the S&P 500 was up by over 4% this week and the NASDAQ saw increases of 5.2% this week.

Economists are predicting that the employment level in certain industries will never return to what it was before Covid19. This includes the retail, leisure and hospitality, and bar/restaurant industries.

Moderna released new information today that their potential Covid19 vaccine trials will be delayed. Moderna had previously released results from its early-stage trial, showing positive changes in Covid19 patients. Now the late-stage trial will be delayed to an unknown timeframe. Shares of the company were down by over 6% today.

Tesla increased in value again today, as the company outperformed analyst’s expectations. The company has delivered close to 90,650 vehicles in the second quarter, compared to the expected 72,000 deliveries.

New cases of Covid19 continue to rise across the country. Florida has reported an increase of 10,109 new cases on Thursday, which is the largest single-day climb yet. New York has decided to postpone its plans to reopen indoor dining. California has also been forced to pause reopening indoor activities, as thousands of new cases are being reported every day.

The June U.S. jobs report was released Thursday, early due to the Fourth of July holiday. 4.8 million nonfarm jobs were added to the economy within the month. In addition to this, the unemployment rate fell back down to 11.1%. This was much better than previous predictions. Economists had expected an increase in jobs of 2.9 million and an unemployment rate of 12.4%.

For the week ending June 27, the number of Americans filing for unemployment rose by 1.427 million. This is a greater number than was expected. The expectation from economists was that the number would be 1.38 million.

Lemonade, a home insurance company, opened for trading on the NYSE today. Its initial IPO price was $29 per share, but this rose to $50.06 per share, nearly a 73% increase. 11 million shares were sold during the company’s IPO, which resulted in a gain of $319 million.

Avis Budget cars rose by 6% in premarket trading today. The stock had been upgraded to overweight by a representative from Morgan Stanley. He spoke about how the car rental company is recovering quicker than expected. During trading throughout the day, Avis Budget continued to rise to gain close to 17%.

President Trump spoke at a press conference today about the jump in job increases that occurred last month. He said: “Today’s announcement proves that our economy is roaring back. It’s coming back extremely strong. We have some areas where we’re putting out the flames of the fires … I think it’s working out very well.”

READ MORE: https://callputstrike.com/2020/07/02/tesla-rally-rides-into-weekend-jobs-report-drives-market-optimism-daily-financial-news-summary-for-thursday-july-2-2020/

Jul 02, 202007:52
How To Protect Against Inflation | Tesla Now Most Valuable Carmaker & Pfizer COVID-19 Vaccine Shows Promise – Daily Financial News & Insights for Wednesday, July 1, 2020

How To Protect Against Inflation | Tesla Now Most Valuable Carmaker & Pfizer COVID-19 Vaccine Shows Promise – Daily Financial News & Insights for Wednesday, July 1, 2020

Tesla Now Most Valuable Carmaker & Pfizer COVID-19 Vaccine Shows Promise – Daily Financial News Summary Wednesday July 1, 2020

Wednesday brought with it the start of a new quarter, which has started off strong. The Dow Jones rose by 0.16%, the S&P 500 by 0.7% and the NASDAQ by 0.98%.

Tuesday closed the second quarter of the year with a rally. This was the best overall quarter since 1998, second-best one in recorded history. From April to June, the S&P 500 rose by a near 20%, while the Dow Jones increased by 17.5% and the NASDAQ by 30%.

Pfizer’s Covid19 vaccine has shown significant progress in its trial phase. It has been proven that the drug is safe to use on humans, and it produces certain antibodies that fight against the virus. Although positive news, it is likely that a vaccine will not be available until 2021 at the earliest. The United States experienced 47,000 new cases on Tuesday, which is a new record. Pfizer’s stock was up by over 5% at the open.

ADP released a report showing that 2.37 million jobs were added back in June from private employees. This is lower than the anticipated 2.95 million increase in jobs. However, it is much higher than the over 3 million job losses America suffered in May.

READ MORE: https://callputstrike.com/2020/07/01/tesla-now-most-valuable-carmaker-pfizer-covid-19-vaccine-shows-promise-daily-financial-news-summary-wednesday-july-1-2020/


Market Insights: How to Protect Against Inflation

The cost of living has been steadily increasing every year. This is due to many factors, one of which being volatile market conditions. Inflation is tricky to deal with because there’s no predicting how much it will increase from one year to another. However, there are a few methods that you can use to protect yourself against it.

Invest in Real Estate

Holding real estate to protect against inflation tends to be a long-term project. Although there are temporary downturns in the market, real estate tends to become more valuable with time. Sometimes, the value of the real estate increases faster than the inflation rate. Having a rental property is good protection because you are usually able to raise the rent every year, so as to match the inflation rate. Real estate is a good investment because, in the end, you will have a property that is worth much more than you originally paid for it. There are even ways to invest in real estate without actually owning a property.

READ MORE: https://callputstrike.com/2020/07/01/market-insights-how-to-protect-against-inflation/

Jul 01, 202015:01
What Are Sinking Funds? | Goldman Sachs Bets On Masks, FedEx Earnings Report Rallies & Mnuchin Elaborates On COVID Economic Impact – Daily Financial News & Insightsfor Tuesday, June 30, 2020

What Are Sinking Funds? | Goldman Sachs Bets On Masks, FedEx Earnings Report Rallies & Mnuchin Elaborates On COVID Economic Impact – Daily Financial News & Insightsfor Tuesday, June 30, 2020

Goldman Sachs Bets On Masks, FedEx Earnings Report Rallies & Mnuchin Elaborates On COVID Economic Impact – Daily Financial News Summary for Tuesday, June 30, 2020

The final day of June resulted in the completion of the best quarter that Wall Street has seen since 2001. The Dow Jones rose by 0.85%, the NASDAQ by 1.87%, and the S&P 500 by 1.54%. The Dow Jones was up 16.9% for the quarter, and the S&P 500 was up 19.3% for the quarter.

Gold rose sharply by 1.1% today. It settled at $1,800.50 per ounce, which is the first time it has been so high since 2011.

Treasury Secretary Mnuchin spoke to the House Financial Services Committee today about the United State’s economy’s chance of recovery: “We are in a strong position to recover because the administration work[ed] with Congress on a bipartisan basis to pass legislation and provide liquidity to markets in record time. In addition, the PPP is keeping tens of millions of workers connected to their jobs. Economic impact payments are also helping millions of families and workers through these challenging months.” He also spoke about expecting more stimulus funding to be sent soon.

Dr. Anthony Fauci of the National Institute of Allergy and Infectious Diseases spoke about Covid19 before a Senate panel today. He said that if Americans do not start to change their daily behavior, the rate of new infections could increase to 100,000 per day. Currently, the country is averaging around 40,000 new cases per day.

READ MORE: https://callputstrike.com/2020/06/30/goldman-sachs-bets-on-masks-fedex-earnings-report-rallies-mnuchin-elaborates-on-covid-economic-impact-daily-financial-news-summary-for-tuesday-june-30-2020/

Financial Planning: What is a Sinking Fund?

Many Americans have never heard of the term ‘sinking fund.’ Not having knowledge about this means that they are depriving themselves of the financial benefit of using a sinking fund. When polled, about 40% of Americans stated that they would struggle with covering a $400 emergency expense. Sinking funds are methods of putting money aside for a rainy day, so it is not as difficult to pay for something in an emergency situation.

How Does it Work?

https://callputstrike.com/2020/06/30/financial-planning-what-is-a-sinking-fund/

Jun 30, 202013:05
Trailer: Call Put Strike - Financial News & Insights Podcast

Trailer: Call Put Strike - Financial News & Insights Podcast

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Jun 29, 202000:26
Unemployment Numbers Near 50% & COVID Fears Stall Reopenings | Fractional Shares and Their Market Disruption – Daily Financial News & Insights for Monday, June 29, 2020

Unemployment Numbers Near 50% & COVID Fears Stall Reopenings | Fractional Shares and Their Market Disruption – Daily Financial News & Insights for Monday, June 29, 2020

Unemployment Numbers Near 50% & COVID Fears Stall Reopenings – Daily Financial News Summary for Monday, June 29, 2020

Stocks ended the first day of the week in the green, a welcoming change of pace from last week. At the end of the trading day on Monday, the Dow Jones climbed by 2.32%, the S&P 500 by 1.47%, and the NASDAQ by 1.20%.

New Jersey had been planning to implement a reopening of indoor dining in the state. However, due to a sharp incline in Covid19 cases after various states started reopening restaurants, the governor has decided against the plan. Gov. Phil Murphy sent out a tweet on Monday: “UPDATE: INDOOR DINING WILL NO LONGER RESUME ON THURSDAY. We had planned to loosen restrictions this week. However, after #COVID19 spikes in other states driven by, in part, the return of indoor dining, we have decided to postpone indoor dining indefinitely.”

Florida had an increase in new cases of 5,409 on Sunday. This is a decrease from the 8,424 that was reported on Saturday. It was recently announced that Miami and Fort Lauderdale will be closing their beaches over the Fourth of July Weekend in order to curb the spread of infections.

READ MORE: https://callputstrike.com/2020/06/29/unemployment-numbers-near-50-covid-fears-stall-reopenings-daily-financial-news-summary-for-monday-june-29-2020/

Fractional Shares and Their Market Disruption

When it comes to investing in the stock market, there can be many different aspects that people are not aware of. Fractional shares are not often discussed in everyday conversation, but they play a huge role in the stock market. 

What Are Fractional Shares?

Having less than one full share of an equity stock is known as a fractional share. This will usually happen due to a stock splitting, merger, or a dividend reinvestment plan. Fractional shares aren’t available to obtain from the stock market and are difficult when trying to sell them. Fractional shares can only be sold through a brokerage.

The Market Disruption of Fractional Shares

The method that Robinhood and Charles Schwab have employed of eliminating commission fees on trades has disrupted the industry. Other companies that have been in the industry for much longer, such as E*Trade Financial, Interactive Brokers and TD Ameritrade, have also been forced to abolish their commission fees in order to stay in competition with them. Tenev is proud of the fact that his company has helped bring about this change: “Robinhood pioneered commission-free investing in stocks. We can be really proud of not just creating a world where our own customers don’t pay commissions, but customers of other brokerages have benefited as well.”

Once customers realized that they now have a choice on where to trade commission-free, Robinhood had to offer something else in order to keep them. This is when Robinhood unveiled its program of allowing customers to buy fractional shares in companies. This is the case for both individual stocks and ETFs.

READ MORE: https://callputstrike.com/2020/06/29/fractional-shares-and-their-market-disruption/

Jun 29, 202015:09
Disney Dips On Re-opening Delays & Apple Shutters Stores | Real Estate & Investing: The Most Affordable State in the US - Daily Financial News & Insights for Thursday, June 25, 2020

Disney Dips On Re-opening Delays & Apple Shutters Stores | Real Estate & Investing: The Most Affordable State in the US - Daily Financial News & Insights for Thursday, June 25, 2020

Disney Dips On Re-opening Delays & Apple Shutters Stores – Daily Financial News Summary for Thursday, June 25, 2020

Thursday saw a choppy trading session as stocks alternated between green and red. The Dow Jones rose by 1.18%, the S&P by 1.09%, and the NASDAQ by 1.09%.

The Federal Reserve will be releasing the results of a stress-test for banks after the closing bell on Thursday. This will provide investors with a general idea of whether United States banks are going to be able to sustain their dividends throughout this pandemic. The Fed added new categories for the stress-test to analyze where any problems may lie.

Apple has added to its list of closed stores due to the spike in coronavirus cases. 14 additional stores will be shut in Florida, resulting in a total of 32 stores being shut in the state. In a statement, Apple said: “We take this step with an abundance of caution as we closely monitor the situation and we look forward to having our teams and customers back as soon as possible.” Shares were up 0.2% today.

READ MORE: https://callputstrike.com/2020/06/25/disney-dips-on-re-opening-delays-apple-shutters-stores-daily-financial-news-summary-for-thursday-june-25-2020/

Real Estate & Investing: The Most Affordable State in the US

The cost of living is getting higher every year that passes. Rising costs due to inflation make it difficult to build a profit in many areas of the country. Many people struggle to settle down because they simply can’t afford to live comfortably. Taking a look at the whole country, which state is the most affordable?

How to Rank Affordability

Determining affordability takes many factors into account. For one, the costs of daily life such as groceries is examined. It also looks at the cost of house prices and rent, which vary significantly between each region. Finally, the affordability also considers the median family income. The higher the cost of living, the less likely that the average household will be able to live there.

READ MORE: https://callputstrike.com/2020/06/25/real-estate-investing-the-most-affordable-state-in-the-us/


Business Education, Investing, Personal Finance, Real Estate, Retirement, Trader Talk

Jun 25, 202013:23
Florida, California, and Texas COVID Fears Flounder Markets & Analyzing the Volatility of the Stock Market | Daily Financial News Summary for Wednesday, June 24, 2020

Florida, California, and Texas COVID Fears Flounder Markets & Analyzing the Volatility of the Stock Market | Daily Financial News Summary for Wednesday, June 24, 2020

Florida, California, and Texas COVID Fears Flounder Markets & Daily Financial News Summary for Wednesday, June 24, 2020

The market was hit hard on Wednesday, as the surge of new Covid19 cases increased investors’ fears. This was the worst day in the market since June 11. The Dow Jones was down by 2.72%, the S&P 500 by 2.5%, and the NASDAQ by 2.1%.

New cases in California, Texas, and Florida have risen substantially over recent days. California reported 7,149 new cases yesterday, which is its biggest single-day increase yet. Florida saw its new cases increase by 5,508.  New York, New Jersey, and Connecticut have all declared quarantine orders for any visitors who have traveled from a hotspot. This caused United Airlines and Delta’s stock to drop by more than 8% each.

READ MORE: https://callputstrike.com/2020/06/24/florida-california-and-texas-covid-fears-flounder-markets-daily-financial-news-summary-for-wednesday-june-24-2020/


Analyzing the Volatility of the Stock Market

We are in turbulent times. The markets dove low today on news of COVID-19 cases and it created a sudden fear that the good news of re-opening would be short-lived. As markets will fluctuate, in recent times, they have seen more turbulence than normal. We take a look at the reasons today:

Explaining the Stock Market

For investors wanting to dip their toes into the volatile world of stock trading, they must first understand the basics. The United States stock market is a collection of exchanges between traders. Public companies offer shares of their stock, and investors come together to buy and/or sell these shares, depending on what their angle is. Some investors prefer to play the long game and hold on to their shares for as long as possible. Others are trying to make quick cash, and trade their stocks within minutes of purchasing them, hoping to make a profit.

READ MORE: https://callputstrike.com/2020/06/24/analyzing-the-volatility-of-the-stock-market/

ETFS, Investing, Market Insider, Mutual Funds, Personal Finance, Retirement, Stock Market Investing, Market Insider, News, Stock Market, Trader Talk

Jun 24, 202013:08
COVID-19 Vaccines Make Headway & Manufacturing Market Rolls Upward | Common Money & Investing Mistakes – Daily Financial News & Insights Summary for Tuesday, June 23, 2020

COVID-19 Vaccines Make Headway & Manufacturing Market Rolls Upward | Common Money & Investing Mistakes – Daily Financial News & Insights Summary for Tuesday, June 23, 2020

COVID-19 Vaccines Make Headway & Manufacturing Market Rolls Upward – Daily Financial News Summary for Tuesday, June 23, 2020

Stocks made significant gains on Tuesday as renewed hope for a Covid19 vaccine made the news. The Dow Jones rose by 0.50%, the S&P 500 by 0.43% and the NASDAQ by 0.74%.

Sanofi, the French drugmaker, announced on Tuesday that it is expecting to receive approval for the COVID-19 vaccine that it is working on with GlaxoSmithKline. The timeline for this vaccine is likely within the first half of 2021, to be available in the latter part of the year. Sanofi increased by 0.28% today.

On Monday evening, Peter Navarro, White House trade advisor, caused some confusion after saying that the trade deal that the United States had with China is over. He then retracted his remark to say that the Phase 1 trade deal is still in place with China. In addition to this, President Trump tweeted on Monday evening, assuring the public that the trade deal with China is “fully intact.”

The coronavirus continues to hit certain states around the country. California reported a new single-day high in new cases today, at 5,019. This brings California’s cases to a total of 183,073. New hospitalization cases in Texas also rose to a record high recently. This caused the Governor of Texas to warn that the surge in cases was at an “unacceptable rate” and indicated that he would impose strict restrictions again to stop the outbreak.

READ MORE: https://callputstrike.com/2020/06/23/covid-19-vaccines-make-headway-manufacturing-market-rolls-upward-daily-financial-news-summary-for-tuesday-june-23-2020/

Personal Finance: Common Money Mistakes & How To Avoid Them

Throughout life, people are often told to do at least some of the following: ‘go to school, get a job, save money, buy a house, retire comfortably.’ These can be difficult goals to accomplish, especially if you find yourself making mistakes with your money. Here are some common money mistakes to avoid as much as possible.

READ MORE: https://callputstrike.com/2020/06/23/personal-finance-common-money-mistakes-how-to-avoid-them/

Jun 23, 202014:35
Virgin Galactic Makes A NASA Deal, Real Estate Fluctuations & Why Businesses Go Green – Daily Financial News & Insights for Monday, June 22, 2020

Virgin Galactic Makes A NASA Deal, Real Estate Fluctuations & Why Businesses Go Green – Daily Financial News & Insights for Monday, June 22, 2020

Housing Market Faltering & Virgin Galactic Partners with NASA – Daily Financial News Summary for Monday, June 22, 2020

The market fluctuated between gains and losses on Monday. The major indexes finished in the green, with the Dow Jones gaining 0.6%, the S&P 500 with a 0.7% increase, and the NASDAQ at a 1.1% increase.

States all around the country reported increasing coronavirus cases over the weekend. California reported 4,515 new cases on Sunday, which is the highest one-day surge so far. Florida also rose by an increase of 4,049 on Saturday. Utah, Arizona, Nevada, Missouri, South Carolina, and Montana also saw one-day record highs this weekend. These surges are putting a damper on the reopening process that is occurring across the country. Justin Weidner of the Deutsche Bank said: “Our analysis identifies several states that are demonstrating worrying trends according to both the breadth and intensity of the Covid outbreak, including Arizona, Alabama, California, Florida, and Georgia, among others. These trends continue to point to the presence of downside risks to the economic outlook from the pandemic.”

Larry Kudlow, President Trump’s top economic advisor, made a declaration on Monday that the second wave of coronavirus cases “isn’t coming.” He said that the new cases being reported were simply isolated hot spots. This statement came after the United States saw over 30,000 new Covid19 cases between over the weekend. Kudlow also spoke about a new stimulus package, with more details to come in July.

New York City entered Phase Two of its reopening plan today. Consumers can now access hair salons, outdoor patio dining at restaurants, and shopping in stores. Approximately 300,000 employees will now be returning to work.

Casinos are now open in the state of New Jersey as of today. They are allowed to operate at a maximum capacity of 25%, including indoor dining.

Virgin Galactic, a spaceflight company, recently announced that the company would be partnering with NASA to arrange trips to the International Space Station. This could include anything from private citizen trips to research missions. Virgin Galactic’s shares shot up by over 14% after the reveal.

READ MORE: https://callputstrike.com/2020/06/22/housing-market-faltering-virgin-galactic-partners-with-nasa-daily-financial-news-summary-for-monday-june-22-2020/

The Benefits of Making A Business ‘Green’

Businesses around the country have slowly but surely been adapting their operations to a greener alternative. Business owners should be aware of the many benefits of going green in case they want to apply these changes to their own companies.

Patagonia was one that was at the forefront and also REI and Whole Foods. It is natural that these outdoor industry leaders and organic grocers would be stewards of the land, but as others put their focus on becoming green, many market insiders wonder why or how it can impact a business and its bottom line.

https://callputstrike.com/2020/06/22/the-benefits-of-making-your-business-green/

Jun 22, 202018:21
How the Rich are Getting Richer During COVID-19 & Markets Close The Week Mixed - Daily Financial News & Insights for Friday, June 19, 2020 - Juneteenth Edition

How the Rich are Getting Richer During COVID-19 & Markets Close The Week Mixed - Daily Financial News & Insights for Friday, June 19, 2020 - Juneteenth Edition

Beyond Meat Grows & Ford Goes Back To Work While Apple Closes Stores Due To COVID-19 Threats – Daily Financial News Summary for Friday, June 19, 2020

Two of the major indexes decreased Friday, marking an end to the trading week. The Dow Jones was down by 0.8%, and the S&P 500 by 0.57%. The NASDAQ rose by 0.03%.

Apple announced today that the company would be temporarily shutting stores again in certain US states, beginning June 20. It would be focusing on states that have had a significant spike in Covid19 cases, including Florida and Arizona. Apple’s stock fell by 0.87%.

Jerome Powell of the Federal Reserve spoke on Friday about the ‘Juneteenth’ holiday, which represents the end of slavery in the United States. He described the inequality between the rich and the poor, and how the pandemic has escalated these disproportions.

Arizona and Florida continue to report new coronavirus cases. There were 3,246 new cases in Arizona on Friday, which is a new single-day high. In addition to this, there were 3,822 new cases in Florida, which is also a new single-day high.

READ MORE: https://callputstrike.com/2020/06/19/beyond-meat-grows-ford-goes-back-to-work-while-apple-closes-stores-due-to-covid-19-threats-daily-financial-news-summary-for-friday-june-19-2020/


How the Rich are Getting Richer During COVID-19

Between mid-March and mid-May 2020, during the duration of the global pandemic lockdown, the United States billionaires saw their fortunes increase by a collective $434 billion, or 15%.

Why The Rich Are Getting Richer During COVID-19?

The simple reason is that the coronavirus pandemic resulted in the large technology companies benefiting the most. This is because Americans were under lockdown and had to do everything from home. Working at home became the new normal, and shopping online took a drastic incline. This included shopping for everything, including clothes, food, medicine, pet supplies, and sources of entertainment. The owners of these technology companies are already highly successful, so the pandemic just ended up resulting in their companies getting more business.

Who has Benefited?

Jeff Bezos of Amazon had the largest gain of $34.6 billion, and Mark Zuckerberg of Facebook increased in value by $25 billion. Currently, the GDP of Jeff Bezos is larger than the entire GDP of Honduras. Amazon’s stock has soared by over 30% since the beginning of this year. However, Amazon is currently facing flack because it is said that the company is not doing enough to protect its 400,000 warehouse employees and not enforcing social distancing well enough.

READ MORE: https://callputstrike.com/2020/06/19/how-the-rich-are-getting-richer-during-covid-19/

Jun 19, 202015:03
Spotify Keeps Up With Kardashians while Jobs Report Can't Keep Up | Pandemic Cryptocurrency Performance & Outlook - Daily Financial News & Insights for June 18, 2020

Spotify Keeps Up With Kardashians while Jobs Report Can't Keep Up | Pandemic Cryptocurrency Performance & Outlook - Daily Financial News & Insights for June 18, 2020

Spotify Keeps Up With Kardashians while Jobs Report Can’t Keep Up – Daily Financial News Summary for Thursday, June 18, 2020

California has reported the largest single-day increase in new Covid19 cases today. The seven-day average was a rise of 2%, meanwhile, they reported an increase of 2.6%.

Spotify made the news today, as the Wall Street Journal reported a new deal with Kim Kardashian West. Spotify will be working with the celebrity to launch a new criminal justice podcast. Stocks jumped by over 10% after the reveal.

Dish Network rose by 5.9% on Thursday after the company released details about its purchase of Boost Mobile. They would be purchasing it from T-Mobile by July 1.

FedEx’s target price was raised from $140 to $160, and shares were up by 2% today. Christian Wetherbee spoke about FedEx’s potential to recovery after the pandemic: “FedEx should have leverage to re-opening economies around the world given its elevated business to business revenue mix and comps will be particularly easy given the weakness in global trade leading up to the COVID-19 pandemic.”

https://callputstrike.com/2020/06/18/spotify-keeps-up-with-kardashians-while-jobs-report-cant-keep-up-daily-financial-news-summary-for-thursday-june-18-2020/

Pandemic Cryptocurrency Performance & Outlook

Many industries in the United States have been negatively affected by the global pandemic Covid19. Is cryptocurrency one of those struggling industries, or has it shone through and thrived during the chaos?

The digital world has allowed many of us to take to our home computers and work away from the office. The same principle applies to digital money. It is safer than physical currency and has become more widely accepted among fears that transferring money from hand to hand will spread the virus. However, this change in the situation has not resulted in much change in the value of cryptocurrency – so far. Dan McArdle, Messari co-founder spoke about what happened right at the beginning of Covid19: “People have/had this notion that bitcoin is a hedge against a recession, or specifically the S&P. I’ve thought that’s wrong for a while, and indeed we saw high correlation with the S&P [in March] as investors everywhere sold everything in the first real global liquidity crunch we’ve seen since 2009. No surprise bitcoin did not outperform.”

McArdle went on to describe what he believes will happen in the future: “This is looking to be especially important over the next few years as central banks globally add many trillions to their balance sheets. If they’re successful in preventing further asset price declines, the new liquidity may very well seek out scarce assets such as bitcoin.” In the future, McArdle believes that Americans will get tired of the system that allows the Fed to print trillions of dollars, but the government takes 30% of our salaries. Bitcoin is an alternative monetary option that consumers might start to turn towards.

READ MORE: https://callputstrike.com/2020/06/18/pandemic-cryptocurrency-performance-outlook/

Jun 18, 202012:49
Pinch Those Pennies: Coin Shortages, Fed Stimulus Updates & COVID-19 Recovery Plans For Business Owners - Daily Financial News & Insights for Wednesday, June 17, 2020

Pinch Those Pennies: Coin Shortages, Fed Stimulus Updates & COVID-19 Recovery Plans For Business Owners - Daily Financial News & Insights for Wednesday, June 17, 2020

Coin Shortages, Stimulus Plans & Housing Slumps – Daily Financial News Summary for Wednesday, June 17, 2020

Stocks fluctuated on Wednesday, as investors continued to keep an eye on the coronavirus news and the recovery of the economy. The S&P 500 and the Dow Jones fell by 0.36% and 0.65%, respectively. The NASDAQ rose by 0.15%. This is the fourth straight day in a row of gains for the NASDAQ.

Texas has seen a big increase in coronavirus cases recently. The number of Covid19-related hospitalizations increased by 11% within 24 hours yesterday. This is the largest one-day jump since the beginning of June. Florida and Arizona are two other states that have been recently struggling with an onslaught of new cases. These cases have all occurred since the ease of the lockdown restrictions.

Andrew Hunter of Capital Economics spoke Wednesday about the significant increase in retail sales that occurred between April and May: “The 17.7% m/m rebound in retail sales in May indicates that, as the lockdowns were eased in many states, activity started to recover more quickly than we – and others – had been anticipating. As a result, we now estimate that real consumption and overall GDP both contracted at a 30% annualized pace in the second quarter, rather than the 40% fall we previously expected.”

READ MORE: https://callputstrike.com/2020/06/17/coin-shortages-stimulus-plans-housing-slumps-daily-financial-news-summary-for-wednesday-june-17-2020/

COVID-19 Recovery: How Business Owners Can Bring Customers Back

Thousands of businesses all around the United States are currently finding themselves in the same dilemma; they need to figure out how to convince their customers to come back. Fears of the coronavirus have kept millions of people housebound for months and left businesses empty. Now that the COVID-19 restrictions are being lifted, companies need to figure out how to show customers that their brick and mortar store is better than buying online.

READ MORE: https://callputstrike.com/2020/06/17/covid-19-recovery-how-business-owners-can-bring-customers-back/

Gold, Investing, Market Insider, News, Real Estate, Stock Market, Trader Talk, Entrepreneurship, Business Ownership, Startups, Business Tips

Jun 17, 202013:39
Pepsi's Philippines Marketing Blunder & Corporate Bonds Stimulate Markets to Close The Day – Daily Financial News Summary for Monday, June 15, 2020

Pepsi's Philippines Marketing Blunder & Corporate Bonds Stimulate Markets to Close The Day – Daily Financial News Summary for Monday, June 15, 2020

Stocks were turbulent on Monday, but the three major indexes ended the day in the green. The Dow Jones rose by 0.6, the S&P 500 increased by 0.8 and the NASDAQ climbed by 1.4%.

The Federal Reserve announced today that it would be buying corporate bonds in individual companies in order to continue trying to stimulate the economy and provide liquidation. This is in addition to the ETFs that the Fed is already purchasing. The Fed said that it will be purchasing company debt that will become mature in five years or less. In a news release, the Fed said: “[the broader goal is] to create a corporate bond portfolio that is based on a broad, diversified market index of U.S. corporate bonds.” This announcement provided a boost to stocks during the day, causing the Dow to climb by 1,000 points.

Hertz car rental company plummeted by over 20% Monday. This was after the company released in a government filing that shareholders are expected to lose all their investment. The company had previously attempted to raise $500 million in equity. Hertz is currently undergoing Chapter 11 bankruptcy. Hertz said that the only way that bondholder debt can be repaid is if consumer activity is suddenly revamped to the amount it was before the pandemic hit.

https://callputstrike.com/2020/06/15/corporate-bonds-stimulate-markets-to-close-the-day-daily-financial-news-summary-for-monday-june-15-2020/


Marketing Gone Bad: Pepsi’s Big Philippines Mistake in the 90’s

Pepsi, the global CPG company, is well-known among consumers. However, one major event that happened during the 1990s isn’t currently as widely talked about. This event is when Pepsi made one typo that caused fatal rioting in the Philippines.

Before The Big Giveaway

In the 1990s, Coca-Cola had already broken into the Philippine market. Pepsi knew that they were falling behind and wanted to stay on track with their competitor. The Philippines had a population of over 62 million people at that point, so Pepsi knew that the demand would be there. However, even though the consumer base was large, many people in the Philippines were poor and the economy was struggling financially.

The Promotional Event

Pepsi’s executives wanted to do something big in order to announce the company was entering the Philippine market. They knew that the vast majority of citizens didn’t have much money, so they decided to opt for a financial incentive. Every Pepsi bottle cap would have a number inside of it. This number would correlate to a prize that would be revealed later on. The plan was to have two winners take home $40,000, while also having many people win smaller amounts.

https://callputstrike.com/2020/06/15/marketing-gone-bad-pepsis-big-philippines-mistake-in-the-90s/

Jun 15, 202014:18
Markets Rebound, Nestle Aims To Sell Waters Business & Airlines Fly Higher | Reality of Winning Prizes on Game Shows - Daily Financial News & Insights for Friday, June 12, 2020

Markets Rebound, Nestle Aims To Sell Waters Business & Airlines Fly Higher | Reality of Winning Prizes on Game Shows - Daily Financial News & Insights for Friday, June 12, 2020

Markets Rebound, Nestle Aims To Sell Waters Business & Airlines Fly Higher | Daily Financial News Summary for Friday, June 12, 2020

Major indexes made a rebound Friday, following a poor trading session on Thursday. The Dow Jones rose by 1.90, the S&P 500 by 1.31%, and the NASDAQ by 1.01%. Despite the gains today, all three indexes have posted their first weekly loss in a month.

Oil fell again, for the second day in a row. West Texas Intermediate fell by 0.2%, settling at $36.26 per barrel. This is the first time that West Texas Intermediate has ended in a loss in the past seven weeks.

Gita Gopinath of International Monetary Fund spoke in a video released Friday about the state of the economy and how its recovery has been slower than expected. She used the words “significant scarring” to describe the economy’s current state. IMF is expected to release an updated global growth projection on June 24. This is to follow April’s projections of a 3% global contraction.

A possible second wave of the coronavirus has hit certain areas in the United States. Texas saw an increase of over 2,500 new cases within a single day yesterday. Arizona, Utah, and New Mexico have all seen a 40% increase in new cases recently. Arkansas, Florida, North Carolina and South Carolina all experienced an over 30% increase in cases last week. Officials in Texas discussed the idea of reinstating the stay-at-home order.

Naeem Aslam from AvaTrade spoke about Friday’s rebound: “I suspect the bounce is a dead cat bounce because the sentiment is further dented by the fresh comments by the chief economist of the IMF who said that the world economy is growing much slower than the anticipation and the scars of the coronavirus pandemic may linger for much longer.”

Consumer sentiment rose in June, for another month in a row. In May, consumer sentiment was at 72.3. This increased to 78.9 in June, above the estimate of 75. This was the largest margin of increase since 2016. This is an indication that consumers are becoming more confident with the condition and future expectations for the economy. Said Richard Curtin of the University of Michigan’s Survey of Consumers: “The turnaround is largely due to renewed gains in employment, with more consumers expecting declines in the jobless rate than at any other time in the long history of the Michigan surveys.”

Nestle announced its plan to sell most of its Nestle Waters business in North America within the next 6-8 months according to inside sources, with the exception of its international brands like San Pellegrino and Perrier. This would include its regional spring water brands, including Poland Spring, Deer Park, and Ice Mountain.  It also would include its purified water business and beverage delivery service. Its direct-to-consumer and office beverage delivery service brands include ReadyRefresh by Nestle and the Nestle Pure Life brand would also likely be a part of the final sale.

READ MORE: https://callputstrike.com/2020/06/12/markets-rebound-nestle-aims-to-sell-waters-business-airlines-fly-higher-daily-financial-news-summary-for-friday-june-12-2020/

The Reality of Winning Prizes on Game Shows

Thousands of Americans watch game shows every single day. It can be exciting to answer questions along with the contestants and imaging winning the grand prize. However, it is important to remember that winning prizes on a game show isn’t all that it’s cracked up to be.

READ MORE: https://callputstrike.com/2020/06/12/the-reality-of-winning-prizes-on-game-shows/

Jun 12, 202015:06
Markets Tank, COVID-19 Spikes & Can The US Postal Service Survive? - Daily Financial News & Insights for Thursday, June 11, 2020

Markets Tank, COVID-19 Spikes & Can The US Postal Service Survive? - Daily Financial News & Insights for Thursday, June 11, 2020

DJIA Plummets 1861 Points As COVID-19 Spikes – Daily Financial News Summary for Thursday June 11, 2020

Stocks fell significantly on Thursday among fears that a second wave of the coronavirus will soon wash over the United States. All three major indexes were down by the end of the day, with the Dow Jones falling by 6.9%, the S&P by 5.9%, and the NASDAQ by 5.3%. This was the third session in a row of losses for the Dow and the S&P 500.

Oil prices dropped on Thursday. This is partially due to the concern of oversupply and also due to the fear of the second wave decreasing the demand for oil. West Texas Intermediate fell by 8.24%, to stop at $36.24 per barrel. Today was its worst session since April 27. Brent Crude dropped by 7.6% down to $38.55 per barrel.

Not everyone considered Thursday’s bleak market performance to be a bad thing. David Trainer of New Constructs, a research firm, spoke about this being the opportunity for investors to jump into the market. He said: “It’s time to buy the dip. Now is the chance to pick up stocks at a discount. Many investors missed the melt up in stocks over the past few weeks. The market is fairly valued, in my opinion, so large pullbacks create opportunity for value investors.”

President Donald Trump tweeted his disagreement with the Federal Reserve’s estimated drop in GDP for the remainder of 2020. According to them, GDP will drop by 6.5% in 2020 and regain 5% in 2021. His tweet read: “The Federal Reserve is wrong so often. I see the numbers also, and do MUCH better than they do. We will have a very good Third Quarter, a great Fourth Quarter, and one of our best ever years in 2021. We will also soon have a Vaccine & Therapeutics/Cure. That’s my opinion. WATCH!”

The Labor Department’s weekly unemployment report showed that 1.542 million Americans had filed during the week of Mary 31 – June 6. This is a decrease of the prior week, which was 1.897 million who filed.

Many energy, travel, and banking companies saw losses today. Oneok, the natural gas company, saw a decrease of 15%. This was after the company issued a statement about a public offering of 26 million shares.

READ MORE: https://callputstrike.com/2020/06/11/djia-plummets-1861-points-as-covid-19-spikes-daily-financial-news-summary-for-thursday-june-11-2020/

Can It Keep Delivering: US Postal Service Outlook

In the time before the global pandemic, the demand for the United States Postal Service (USPS) was declining. In the time of email and texting, people simply didn’t write as many letters to each other. Now, in the midst of the crisis, how is the US postal service faring?

The Necessity of the Postal Service

In the week of March 31 – April 7, the number of regular mail deliveries dropped by 24%. However, the amount of commercial mail volume (including people ordering packages from Amazon) increased by 30%. The Postal Service is predicting a decrease in mail volume by at least 50% over the next year.

READ MORE: https://callputstrike.com/2020/06/11/can-it-keep-delivering-us-postal-service-outlook/

Jun 11, 202014:49
Renewable Energy Revival & Fed Plays Their Next Hand - Daily Financial News & Insights for Wednesday, June 10, 2020

Renewable Energy Revival & Fed Plays Their Next Hand - Daily Financial News & Insights for Wednesday, June 10, 2020

Fed Pledges Support & GrubHub Looks To Europe – Daily Financial News Summary for Wednesday, June 10, 2020

Stocks fell on Wednesday, as investors heard from the Federal Reserve about their updated financial policy. The Dow Jones dropped by 0.69, the S&P 500 by 0.53, and the NASDAQ by 1.04.

The Federal Reserve released its latest policy statement today. Interest rates are to remain unchanged at their range of 0% – 0.25%, as was expected by investors. Federal officials have estimated that the unemployment rate at the end of 2020 will be at 9.3%. In future years, it is expected to remain unnaturally high, with an estimated 5.5% by the end of 2022. Output for the year is predicted to be 6.5% lower this year as compared to last year. For 2021, the output should rise by 5%.

Said Fed Chair Jerome H. Powell: “Nearly 20 million jobs have been lost on net since February. The downturn has not fallen equally on all Americans.” The Fed has indicated that they will support the economic recovery and will continue to buy government-backed debt, such as mortgage-backed securities and Treasury securities, in order to keep the market at a functional level.

The United States budget deficit has close to doubled due to the additional spending for pandemic relief purposes. The deficit has grown to $1.88 trillion, which is a new record. At this point last year, the deficit was near $730 billion.

https://callputstrike.com/2020/06/10/fed-pledges-support-grubhub-looks-to-europe-daily-financial-news-summary-for-wednesday-june-10-2020/

Lower Costs Lead To Renewable Energy’s Revival

In the past, the United States has never made a considerable effort to switch from fossil fuels to renewable energy. Even though we have had the ability and the technology available for many years, it has simply been more convenient to use fossil fuels and coal. However, due to the global pandemic, the United States is on track to start using renewable energy more than fossil fuels for the first time in history.

Lower Costs of Infrastructure

In an effort to encourage more places to use renewable energy, the cost of the industry has decreased significantly in recent times. The cost to build a large wind farm has dropped by over 40% over the last ten years. Solar costs have dropped by over 80% during that same time frame. In addition to this, the cost of natural gas has fallen to the lowest that it has ever been during 2020.

Many companies are recognizing this shift in costs and have been adjusting the way that they do business. For instance, Xcel Energy, which is a large electric utility company in Colorado, announced that they would be replacing their older coal-fired units ten years earlier than originally planned. They switched these with wind, solar, battery storage, and natural gas alternatives, saving them $213 million in total.

https://callputstrike.com/2020/06/10/lower-costs-lead-to-renewable-energys-revival/

Jun 10, 202013:45
COVID-19 Continues to Spread & Vroom Goes Public | Stock Market and the Economy Correlation Confusion - Daily Financial News & Insights for June 19, 2020

COVID-19 Continues to Spread & Vroom Goes Public | Stock Market and the Economy Correlation Confusion - Daily Financial News & Insights for June 19, 2020

COVID-19 Spreads & Vroom Goes Public – Daily Financial News Summary for Tuesday, June 9, 2020

Major indexes were mixed on Tuesday, as the multi-day rally was paused. The Dow Jones fell by 1.09%, and the S&P 500 by 0.78%. The NASDAQ rose by 0.29%. Major technology companies such as Amazon, Facebook, Apple, and Netflix helped contribute to the NASDAQ’s increase today.

Yesterday, the National Bureau of Economic Research (NERB) announced that the U.S. economy has been in a recession since February. This announcement so far has had a relatively small negative impact on the stock market. Said Brent Schutte of Northwestern Mutual: “We’ve been telling people to ignore the economic data. The market is a forward-looking mechanism – it’s looking forward to a better future, it’s reflecting the fact that we’re opening large swaths of the U.S. economy without significant spikes in cases. We do suspect that in the future, while the returns certainly aren’t going to be what they are today or what they have been over the past few months, there still is value left in different parts of the market for investors.”

READ MORE: https://callputstrike.com/2020/06/09/covid-19-spreads-vroom-goes-public-daily-financial-news-summary-for-tuesday-june-9-2020/

What is the Correlation Between the Stock Market and the Economy?

By now, everyone has heard about the global pandemic known as COVID-19 and the havoc it has wrecked upon the world. People have lost their jobs, their businesses, and many have lost their lives. The U.S. economy is currently in a recession, but major stock market indexes are performing record highs. Since the economy is so bleak right now, some people are wondering how the stock market is rallying so high.

What Happened?

Just before the pandemic came to the United States, the economy and the stock market were both doing well. The economy’s GDP had grown by 2.3% in 2019. Domestic economic activity was just peaking in February, which is when the major indexes, the Dow Jones, the S&P 500 and the NASDAQ, reached record highs as well.

When Covid19 started running rampant throughout the country, both the economy and the stock market suffered. Millions of jobs were lost, and many businesses were forced to shut down. The low point for the stock market was March 23, when the Dow Jones fell 37.12% from its high on February 12. This was also the day when the S&P 500 had fallen 34.06% from its high on February 19. The NASDAQ fell 30.26% from its highest point to its lowest point.

Currently, the economy is in a recession, but stocks are soaring high. On June 8, the three major indexes finished above, or close to, their record highs. The NASDAQ closed at 9,924.74, which is a new record. The Dow Jones closed at 27,572.44, which is only 6.7% off its high point in mid-February. The S&P 500 ended the day at 3,232.39, a mere 4.5% off its highest point.

Why?

READ MORE: https://callputstrike.com/2020/06/09/what-is-the-correlation-between-the-stock-market-and-the-economy/


Jun 09, 202012:54
Markets & COVID Cases Gain Across America as NYC Opens | Financial Advisors Brace For Change – Financial News & Insights for Monday June 8, 2020

Markets & COVID Cases Gain Across America as NYC Opens | Financial Advisors Brace For Change – Financial News & Insights for Monday June 8, 2020

Markets & COVID Cases Gain Across America as NYC Opens. Recession announced – Financial News for Monday June 8, 2020

Major indexes climbed Monday, carrying on last week’s rally. The Dow Jones increased by 1.70%, the NASDAQ by 1.13%, and the S&P 500 by 1.20%.

CNBC’s Jim Cramer, the host of Mad Money, spoke Monday about the positive turn of the economy. He believes that the stock market is climbing too quickly as compared to the slower recovery of the economy. He said: “Where are the sellers? It’s almost as if people decided Covid is over. It’s a ‘V-shaped’ rally, and you better get on board. The Friday rally, as sweet as it was off the employment number, has not brought out any sellers. I often think that there has to be sellers at a certain level.”

The airline, travel and leisure industries continued to soar on Monday, continuing last week’s streak. American Airlines rose by 6% today, which is adding to its 77% increase last week.

The Federal Reserve is set to release an updated policy statement on Wednesday. They will also be showcasing its economic projections, the first since December. Interest rates are not expected to be cut, as they are already in the 0%-0.25% range. It is likely that interest rates will remain near zero for the next two years, in order to stimulate the economy back to normal levels.

The National Bureau of Economic Research (NBER) released information today showing that domestic economic activity peaked in February. This means that the expansion that started in June 2009 (at the end of the last recession) lasted until February 2020. This is the longest expansion period on record. The NBER spoke about the situation: “[…] The committee recognizes that the pandemic and the public health response have resulted in a downturn with different characteristics and dynamics than prior recessions. Nonetheless, it concluded that the unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy, warrants the designation of this episode as a recession, even if it turns out to be briefer than earlier contractions.”

READ MORE: https://callputstrike.com/2020/06/08/markets-covid-cases-gain-across-america-as-nyc-opens-financial-news-for-monday-june-8-2020/


Beyond Pandemics & Protests: The Biggest Challenges for Financial Advisors

The role of a financial advisor means many different things. Advisors take on the responsibility of guiding their clients through building an asset portfolio, helping them improve their personal financial situation, and being available as a lifeline in the event that things are crashing down in their lives. Advisors are often seen as a fix-all for every problem that clients can think of, especially in times of uncertainty like Americans are experiencing during the COVID-19 pandemic, as well as the ongoing Black Lives Matter protests. This is why great financial advisors can come at a cost. Here are some of the biggest challenges facing the modern-day financial advisor.

READ MORE: https://callputstrike.com/2020/06/08/beyond-pandemics-protests-the-biggest-challenges-for-financial-advisors/


Jun 08, 202013:01
Markets & Trump Jump For Joy On Jobs Report | Unemployment Benefits: Whats Next? - Daily Financial News & Insights for Friday, June 5, 2020

Markets & Trump Jump For Joy On Jobs Report | Unemployment Benefits: Whats Next? - Daily Financial News & Insights for Friday, June 5, 2020

Markets & Trump Jump For Joy On Jobs Report – Daily Financial News Summary for Friday June 5, 2020

Stocks jumped Friday, closing off a very positive week. The Dow Jones increased by 3.0%, the S&P 500 by 2.4%, and the NASDAQ by 2.1%. The S&P 500 is currently up over 45% since its low on March 23 and is now only down by 1% for the year 2020. The NASDAQ has risen by over 47% since March 23 and is up by 9% since the start of 2020. The Dow Jones is down by 4.9% as a total for 2020 so far.

The Labor Department’s monthly job report was released Friday morning. Surprisingly, it showed that 2.5 million jobs had been added to the United States economy during the month of May. Expectations were that 8 million more jobs would be lost. The unemployment rate was 14.7% in April and fell to 13.3% in May. The anticipated unemployment rate among economists was thought to be closer to 20% for May.

The gain in jobs has been the largest one-month surge that the United States has had since 1939. Very rarely does the economy see over 1 million new jobs added in the span of one month. It seems likely that many of these restored jobs were just temporary layoffs due to the pandemic. Leisure and hospitality workers made up almost half of the 2.5 million jobs gained. Tony Bedikian of Citizens Bank stated: “Barring a second surge of Covid-19, the overall U.S. economy may have turned a corner, as evidenced by the surprise job gains today, even though it still remains to be seen exactly what the new normal will look like.”

READ MORE: https://callputstrike.com/2020/06/05/markets-realdonaldtrump-jump-for-joy-on-jobs-report-daily-financial-news-summary-for-friday-june-5-2020/

Unemployment Benefits – How Long Will They Last?

The global pandemic has affected the United States’ job market in a very significant way. Currently, the unemployment rate in the United States is almost 15%, which is an all-time high for the country. Last week alone, 1.877 million Americans applied for unemployment benefits. The government is currently providing each person who applies at $600 per week. However, this benefit will not last forever. How long will the benefits last for, and what will happen afterward?

How Long Will Unemployment Benefits Last for?

Typical unemployment benefits provide about 40% of a worker’s lost wages. The CARES Act was put into place to allow for an additional $600 per week per individual. As of right now, it is expected that the $600 per week will last until the end of July 2020. Democrats have discussed extending the payments into next year, but Republican lawmakers are not in favor of extending the policy.

Many in the restaurant industry, as an example, have said until restaurants can operate at capacity, they won’t earn more than their unemployment benefits. This is often argued by occupations like restaurant waiters and waitresses that rely mostly on earning tips for their wages, where many restaurants can only operate at 25% capacity.

READ MORE: https://callputstrike.com/2020/06/05/unemployment-benefits-how-long-will-they-last/

Jun 05, 202012:57
Airlines Skyrocket while Stock Markets Dive | Financial & Political Impact of U.S Protests – Daily Financial News Summary for Thursday June 4, 2020

Airlines Skyrocket while Stock Markets Dive | Financial & Political Impact of U.S Protests – Daily Financial News Summary for Thursday June 4, 2020

Airlines Skyrocket while Stock Markets Dive – Daily Financial News Summary for Thursday June 4, 2020

Stocks fell from their June rally, as all three major indexes slipped into the red on Thursday. The Dow Jones fell by 0.6%, the S&P 500 by 0.9%, and the NASDAQ by 1.1%.

Earlier today, the NASDAQ-100 hit an intraday record high. The index has increased by over 43% since its low point on March 23. This record high is mainly due to the significant increases in Amazon, PepsiCo, Costco, and PayPal. These companies have gained 30%, 26%, 8%, and 85% since March 23, respectively. The NASDAQ-100 was down about 1% by the end of the trading day.

The Labor Department released the weekly unemployment report, which was worse than estimated, partially contributing to the loss in the major indexes. Last week, unemployment was filed by 1.877 million Americans, as compared to the estimated 1.775 million. The Labour Department’s monthly jobs report will be released tomorrow.

READ MORE: https://callputstrike.com/2020/06/04/airlines-skyrocket-while-stock-markets-dive-daily-financial-news-summary-for-thursday-june-4-2020/

Investigating the Financial & Political Impact of U.S Protests

On Memorial Day, May 25, 2020, George Floyd, a black man was killed by a white police officer. This happened as Floyd was getting arrested and he was unarmed and was not resisting arrest. This triggered a surge of riots and protests in dozens of American cities. Thousands of people marched in protest of racism and police brutality. The financial impact of these protests is still unknown, but predictions are being made.

Protest Impacts On Retailers and Small Businesses

READ MORE: https://callputstrike.com/2020/06/04/investigating-the-financial-political-impact-of-u-s-protests/

Business Education, Investing, News, Stock Market, Trader Talk

Jun 04, 202014:54
Obama Speaks, AMC Struggles & The New York Times Climbs - Retiring? What Are IRA's - Daily Financial News Summary for Wednesday, June 3, 2020

Obama Speaks, AMC Struggles & The New York Times Climbs - Retiring? What Are IRA's - Daily Financial News Summary for Wednesday, June 3, 2020

Obama Speaks, AMC Struggles & The New York Times Climbs – Daily Financial News Summary for Wednesday, June 3, 2020

Stocks rose again on Wednesday, as cautious hope for the reopening of the economy continued. The S&P 500 and the NASDAQ both saw their fourth day of increases in a row, at 1.4% and 0.8%, respectively. The Dow Jones finished the day at 2.1% higher.

Health officials have been worried that the continuing protests, which continued today, in the United States might result in a surge of new infections from Covid19. However, the confirmed number of cases has stayed consistent from Tuesday to Wednesday, rising 1.2% between the two days.

Oil prices reached a 12-week high today. West Texas Intermediate rose by 1.3%, to settle at $37.29 per barrel.

A report released from Automatic Data Processing showcased that the number of lost jobs fell significantly from April to May. In April, 20.2 million jobs were lost. In May, only 2.76 million jobs were lost. Economists had previously estimated that the loss of jobs in May would be closer to 8.5 million. The Labor Department’s employment report is set to be released on Friday, which will provide a more accurate count.

Zoom continued to rise in value on Wednesday, as the company released its sales and earnings data earlier this week. Zoom reported a net income of $27 million this quarter, as compared to $200,000 this time last year. This has resulted in their sales growing by 169% as more businesses use Zoom in lieu of face-to-face meetings. Zoom’s share price rose by 7.58%.

AMC EntertainmentHoldings Inc. is still seeing losses, as movie theaters remain closed to the public. A representative from AMC spoke about expecting a loss for the first quarter of 2020, as its share price fell by 2.5%.

READ MORE: https://callputstrike.com/2020/06/03/obama-speaks-amc-struggles-the-new-york-times-climbs-daily-financial-news-summary-for-wednesday-june-3-2020/

Investing & Retirement: Different Types of IRAs

READ MORE: https://callputstrike.com/2020/05/05/investing-retirement-different-types-of-iras/

Business Education, Investing, Market Insider, News, Stock Market, Trader Talk

Jun 04, 202014:08
How Wall Street CEOs Reacted to George Floyd’s Death, Biblical Trump & Tech Stumbles – Financial News & Insights Summary for Tuesday June 2, 2020

How Wall Street CEOs Reacted to George Floyd’s Death, Biblical Trump & Tech Stumbles – Financial News & Insights Summary for Tuesday June 2, 2020

Stocks were up again on Tuesday, as the lockdown restrictions begin to ease around the country, bringing optimism about the fate of the economy. The Dow Jones gained 1%, while the S&P 500 increased by 0.8%. The NASDAQ rose by 0.59%.

In November 2019, LVMH agreed to purchase Tiffany, the jewelry retailer, for $16.2 billion. Due to recent events and the collapse of the economy, the deal between LVMH and Tiffany now seems uncertain to go through. Tiffany’s shares fell 9% Tuesday amid the news.

READ MORE: https://callputstrike.com/2020/06/02/biblical-trump-tech-stumbles-financial-news-insights-summary-for-tuesday-june-2-2020/

On May 25, 2020, a black man named George Floyd was being arrested by a white police officer. The officer kneeled on George’s neck for eight minutes, causing his death by asphyxiation the most current coroner reports allege. Wall Street CEOs took to social media to express their feelings regarding the situation.

Brian Moynihan – Bank of America Brian Moynihan

The Bank of America has announced that it will be donating $1 billion to support the effort of reducing racism and income inequalities. These issues have been accelerated during the coronavirus pandemic, and the Bank of America is determined to help fight against them.

Said Brian Moynihan, CEO of Bank of America: “The events of the past week have created a sense of true urgency that has arisen across our nation, particularly in view of the racial injustices we have seen in the communities where we work and live. We all need to do more.”

David Solomon – Goldman Sachs

The CEO of Goldman Sachs, David Solomon, spoke to employees of the bank directly. He wanted them to know that he was paying attention and horrified by the recent events that have taken place. He said in a voicemail to the staff: “I am horrified by continued attacks against the black community, highlighted most recently in the U.S. with the deaths of Ahmaud Arbery and George Floyd, and with what Christian Cooper experienced in Central Park in New York City this past Monday. […] So I am asking all of you—even with everything you are going through and everything you are doing—to ‘look up’ and acknowledge what is happening around us. I want you to check in with each other, and be willing to have conversations that may take us outside of our comfort zone.”

Mark Mason – Citigroup Mark Mason

The CFO of Citigroup, Mark Mason, is one of the few African American executives on Wall Street. He posted about the events on the company’s website: “Even though I’m the CFO of a global bank, the killings of George Floyd in Minnesota, Ahmaud Arbery in Georgia and Breonna Taylor in Kentucky are reminders of the dangers Black Americans like me face in living our daily lives. […] Racism continues to be at the root of so much pain and ugliness in our society—from the streets of Minneapolis to the disparities inflicted by COVID-19 … These systemic problems will not go away until we confront them head-on.”

READ MORE: https://callputstrike.com/2020/06/02/how-wall-street-ceos-reacted-to-george-floyds-death/

Jun 02, 202013:13
Protests Erupt Across America, Robots in Banking & SpaceX Launches – Financial News & Insights for Monday June 1, 2020

Protests Erupt Across America, Robots in Banking & SpaceX Launches – Financial News & Insights for Monday June 1, 2020

Protests Erupt Across America & SpaceX Launches – Financial News & Insights for Monday June 1, 2020

The major indexes rose Monday, after a tumultuous weekend of protests across the United States. The Dow Jones rose by 0.36%, the S&P increased by 0.38%, and the NASDAQ climbed by 0.66%.

Thousands of Americans in dozens of cities around the country rose up in protest this weekend. They were protesting the death of George Floyd, an unarmed black man who was killed by a Minneapolis police officer. Opinions are mixed in regard to whether these protests will impact the stock market in a major way.

Read more: https://callputstrike.com/2020/06/01/protests-erupt-across-america-financial-news-insights-for-monday-june-1-2020/

The Future of Robotic Banking

Advancements in technology have been making great strides every passing year. The vast number of tasks that are now automated allows humans to live easier. Due to the coronavirus pandemic, robots have been put to work doing jobs that humans would normally do in order to avoid the spread of infection. This includes the banking industry.

How Robots Were Being Used

Before the pandemic began, banks were already utilizing artificial intelligence in the form of Robo-advisors, chatbots, and cop-bots. Robo-advisors are used when customers are creating a portfolio and investing in a more basic form of securities. Robo-advisors are platforms that calculate the best possible use of your money. They are good for customers who want little to no interaction with their financial advisor.

Chatbots are AI-powered platforms that are able to chat with customers virtually. When a customer logs into their online banking account, they have the ability to chat with a bot, which can answer basic questions. If the customer has a very in-depth question, the chatbot will send the request to a human staff member. The use of chatbots is significantly cheaper than having a human customer service member, and they save a great deal of time.

Cop-bots are used by the banking industry to detect when suspicious amounts of money are moved from accounts. They are designed to flag fraudulent transactions and freeze accounts if need be.

Financial Institutions like Citizens Bank are now enlisting the help of Knightscope’s autonomous security robots to improve their retail location security.

The Future of Banking Robotics

After the state of emergency has been lifted, the banking industry will be re-examining its way of business and analyzing its costs. Many banks are struggling financially right now due to the large number of mortgage defaults that are occurring. Banks will want to automate as many processes as possible, in order to save money.

ATMs can now perform many of the same functions that bank tellers can. Many banks are looking to replace some of their tellers with additional ATM machines. With the new safety guidelines in place, the bank would need to thoroughly clean the machine after each use. In addition to this, banks are looking to introduce more Robo-advisors, but in a more substantial way.

Read more: https://callputstrike.com/2020/06/01/the-future-of-robotic-banking/

Jun 01, 202011:49
Investment Risk Management |Trump, China, and Twitter - Financial News & Insights for Friday May 29, 2020

Investment Risk Management |Trump, China, and Twitter - Financial News & Insights for Friday May 29, 2020

China, Twitter, and The World Health Organization – Financial News & Insights for Friday May 29, 2020

The major indexes were mixed Friday, ending a fairly positive week for trading. The S&P 500 rose by 0.48%, while the NASDAQ increased by 1.3%. The Dow Jones dropped by 0.07%. The S&P 500 has gained 4% altogether in May.

Occidental Petroleum had major news Friday, as the company announced that they would be reducing their dividend payout. Trading was paused as the company stated that its quarterly payout will be 1 cent per share. This is down from March 10, when the quarterly payout was at 11 cents per share. The company was forced to make this reduction due to the historically low prices of oil over the last few months. After the pause in trading, shares fell by over 3%. The company has so far lost 68% of its price in 2020.

President Donald Trump’s news conference relating to relations with China took place at 2 pm. This conference was directly related to the approved national security bill for Hong Kong. During the conference, President Trump spoke about working towards eliminating any special treatment towards Hong Kong. However, he did not say that the United States would be retracting their trade deal with China. Phase one of this deal was signed in January 2020. President Trump also did not announce any new tariffs.

Read more: https://callputstrike.com/2020/05/29/china-twitter-and-the-world-health-organization-financial-news-insights-for-friday-may-29-2020/

Setting up an Investment Portfolio

When first starting at the very beginning, investing can seem like quite a daunting prospect. Stocks, bonds, dividends, options, securities, what does it all mean? When unsure of how to tackle this, the best bet is to talk to a financial advisor. They will set up an investment portfolio, which is comprised of all the things listed above, and more.

Typically a financial advisor will manage the portfolio and send a statement of the activity regularly. However, it is a good idea to be aware of what exactly is going on, and how to work with the advisor to manage the financial risk in your portfolio.

Read more: https://callputstrike.com/2020/04/26/how-to-balance-risk-management-for-investment-portfolios/

May 29, 202011:17
Call Put Strike Daily Financial Insights: Social Media Under Fire & How The Wine Industry Copes With COVID

Call Put Strike Daily Financial Insights: Social Media Under Fire & How The Wine Industry Copes With COVID

Twitter & Social Media Under Fire | Daily Financial News Summary for Thursday, May 28, 2020

All three major indexes were in the green for much of the day on Thursday. However, they all dipped into the red just before the closing bell. The Dow Jones dropped by 0.58%, while the S&P 500 fell by 0.2% and the NASDAQ closed 0.46% lower.

Disney’s shares dropped on Thursday, after a statement from an analyst at Imperial Capital. He was quoted as saying: “[the stock has] risen too far too fast and the performance is due simply to the excitement around the prospects of the domestic theme parks re-opening.” “As such, we are advising that investors take profits, as Disney now looks like a name that should be ‘traded,’ rather than ‘owned,’ at least for now.” Shares of Disney fell by 2.4% after this statement.

Full summary: https://callputstrike.com/2020/05/28/twitter-social-media-under-fire-daily-financial-news-summary-for-thursday-may-28-2020/


Wine Industry Impact from COVID-19

The latest news of companies struggling financially during the global pandemic has come from the United States wineries. With the reduction in purchases and forced closures of facilities, wineries have been feeling the intense pressure of trying to stay afloat during this crisis.

The Wine Loss Situation

Wineries make much of their revenue by on-site customers and tasting rooms. These have all been shut down since mid-March. As well, direct-to-consumer sales have significantly decreased in recent times. This is expected to continue to some degree after the pandemic, as consumers are not likely to be spending much of their extra money on unnecessary items such as wine.

Wineries have also been faced with paying for extra expenses that were not planned. These include hand sanitizers, extra cleaning products, and face masks for their employees. Many wineries could not afford to keep their employees on during the pandemic. So far, thousands of winery employees have been temporarily laid off.

Full article: https://callputstrike.com/2020/05/19/wine-industry-impact-from-covid-19/

Business Education, Investing, Market Insider, News, Stock Market, Trader Talk,

May 28, 202010:56
Call Put Strike Daily Insights: SpaceX Gets Grounded & An Introduction to Investing in Index Funds

Call Put Strike Daily Insights: SpaceX Gets Grounded & An Introduction to Investing in Index Funds

Daily Financial News & Insights Summary for Wednesday, May 27, 2020

Stocks continued to rise on Wednesday. The Dow Jones closed at 2.18% higher, the S&P 500 rose by 1.46% and the NASDAQ increased by 0.78%.

Boeing laid off 6,770 employees on Wednesday. This is in addition to the approximately 5,520 voluntary layoffs who will soon be leaving the company. Those who agreed to the voluntary layoffs received a buyout package. Boeing had previously announced that it was planning on reducing 16,000 jobs due to the reduction of both air travel and customer demand. CEO of Boeing, Dave Calhoun said: “We have come to the unfortunate moment of having to start involuntary layoffs. I wish there was some other way.” Shares of the company increased 1% after the announcement.

Marriott International has announced that they will be furloughing more staff and continuing their reduced work week. This reduction in hours started in March and is expected to last until October at least. Marriott representatives warned that there will likely be a large number of layoffs this year because they are expecting the effects of the pandemic on the hospitality industry to last until after 2021. The company stated that the coronavirus is impacting them more than the 2008 recession and 9/11 did, combined.

Read more: https://callputstrike.com/2020/05/27/spacex-launch-grounded-daily-financial-news-summary-for-wednesday-may-27-2020/


Investing in Index Funds

When you decide to invest in the stock market, you will likely start paying more attention to financial news and updates. At this point, you will start hearing about index funds. What exactly are index funds, and how do they relate to a market index?

Read more: https://callputstrike.com/2020/05/20/investing-in-index-funds/


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May 27, 202013:11
Call Put Strike: Daily Financial News Summary for Tuesday May 26, 2020 & Job Outlook for New Grads

Call Put Strike: Daily Financial News Summary for Tuesday May 26, 2020 & Job Outlook for New Grads

Call Put Strike: Daily Financial News Summary for Tuesday May 26, 2020 

Visit: https://callputstrike.com

Stocks were up Tuesday after a long weekend for Memorial Day. The Dow Jones rose by 2.2%, the S&P 500 increased by 1.3%, and the NASDAQ climbed by 0.2%. The Dow Jones, the S&P 500 and the NASDAQ are all currently on track for a monthly gain in May. The S&P 500 exceeded 3000 earlier on Tuesday, which is the first time since early March. In addition, the S&P 500 also broke above its 200-day moving average. All these signs are pointing to a shift from a bear market to bull market.

President Donald Trump tweeted Tuesday: “Stock Market up BIG, DOW crosses 25,000. S&P 500 over 3000. States should open up ASAP. The Transition to Greatness has started, ahead of schedule. There will be ups and downs, but next year will be one of the best ever!”

Novavax, a biotechnology company, announced that they are currently starting a clinical trial with a Covid19 candidate. The company is expecting to receive trial results in July. They also could have a vaccine ready for emergency use by the fall. There are currently 10 vaccines in clinical evaluation and 114 in pre-clinical evaluation. Novavax’s shares increased by 20% in premarket trading.

The NYSE partially reopened Tuesday, for the first time since late March. 80 floor brokers were allowed to enter, which is approximately 25% of their usual numbers. Anyone entering the building is required to get their temperatures taken, and sign legal documents stating that they understand the risks and rules of coming back to work. The rules prohibit anyone from using public transportation to arrive.

The optimistic signs that the economy is reopening caused bank stocks to increase. Citigroup and Wells Fargo both increased by over 9%. The Bank of American and JPMorgan both rose by 7% as well. Consumer confidence in the economy has increased to 86.6 in May, from 85.7 in April.

Investors are paying close attention to the tensions between China and the United States. Over the weekend, Robert O’Brien, White House National Security Advisor announced that the United States could impose sanctions on China. This could happen if Beijing gains more control over Hong Kong through a national security law.

Data from the Transportation Security Administration showed that the number of travelers has increased in recent days, possibly due to the holiday weekend. Over 250,000 travelers passed through checkpoints on Saturday and Sunday of the long weekend.

Data from the hospitality firm STR also showed an increase in hotel occupants. The week ending May 16 saw an occupancy rate of 32.40%. This is an increase from 21.0% the month before.

The National Basketball Association (NBA) is currently in talks about returning in July. They are discussing the possibility of playing games at Disney’s ESPN Wide World of Sports Complex in Florida. Nothing is confirmed as of yet. The league was forced to suspend their season in mid-March due to the coronavirus.

We then take a deeper dive into the job outlook for recent grads in our daily trends & insights report. 

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May 26, 202011:27