| | | MAY 6, 2021 Welcome to the Stock Dork Cheat Sheet; your go-to guide for all the most important stock market news and analysis. Today is Thursday, May 6. Let's get ready for the trading week! |
| Good morning! It's Thursday, May 6, and it's been a choppy trading week for investors. The S&P 500 and Nasdaq are down for the week, but the DJIA is up slightly over the course of the past 5 trading sessions. Earnings Season Success As of Wednesday, 381 of the S&P 500 companies have already released their quarterly earnings report. Of that group, 84% of reports topped analysts' expectations. Meanwhile, on Main Street, many small businesses continue to battle local lockdown orders, and some report having tremendous difficulty finding workers as the reopening progresses. Despite facing many of the same problems, the large-cap companies in the S&P 500 seem to be doing just fine; at least as far as their bottom lines are concerned. Topped Out? Markets are hovering near all-time highs, but what will it take for them to push into the next phase of the rally? Many experts believe we could see the market stall a bit at these levels and trade sideways for sometime before resuming its upward march. Summer trading has a reputation for thin volume and under performance, but it's unclear how it will play it this earnings season due to the uniqueness of the post-pandemic recovery and the subsequent trading frenzy. |
| ALERT: Plant-Based Stock Gains 500% since IPO in November The company is making it simple to invest in the best alternative food source companies in this world. Its investment portfolio is brimming with rising all-stars in the plant-based and alternative meat categories. The incredible rise of Beyond Meat from around $20 to nearly $200 is just one example of the sector's growing prominence. The plant-based food market is projected to reach nearly $75 billion by 2027, with double digit annual growth forecasted, according to Meticulous Research! As the meat industry sees its customers increasingly turning towards alternative proteins at a blistering pace, this could be one of the hottest companies to be watching in 2021. Access a special report on this growth stock here |
| Moderna (MRNA) BMO CBS (CBS) BMO Blue Apron (APRN) BMO Kellogg (K) BMO News Corp (NWS) AMC Beyond Meat (BYND) AMC |
| Thursday, May 6: Weekly Jobless Claims ... 8:30 a.m Productivity & Unit Labor Costs [Q1] ... 8:30 a.m. Friday, May 7: Employment Report [Apr.] ... 8:30 a.m. Wholesale Inventories [Mar] ... 10 a.m. |
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