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10Jun2021 Pre-Market Commentary: Wall Street Futures Rise After Hot Inflation Report, DOW Up 130 Points, Nasdaq Down 0.2%, WTI Up To 70.27, Bitcoin Rising To 37600

Consumer prices soar to 0.6%, CPI shows, and shove rate of inflation to a 13-year high (SPY +0.2%). Jobless claims drop to a post-pandemic low of 376,000.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
The Fuel Of The Future Thats 9 Times More Efficient Than Lithium
The worldwide shift toward cleaner, greener energy sources once again appears to be picking up speed. While the worlds focus on climate change understandably took a backseat to the Covid-19 pandemic for most of the past 18 months, that focus on climate change has started to return in a powerful way. In fact, our transition into a post-pandemic environment is triggering a number of significant opportunities in the green energy space. Much of the early attention of the clean ....

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10 Best Stocks This Past Week: AMC, Virgin Galactic and GameStop

May 29, 2021 8:30 AM EDT
Stocks finished Friday and the S&P 500 closed out May with its fourth straight month of gains as inflation data failed to dent investors sentiment on the recovering U.S. economy.
The Dow Jones Industrial Average finished up 64 points, or 0.19%, to 34,529, the S&P 500 edged up 0.08% and the Nasdaq ticked 0.09% higher.
AMC Entertainment (
GME,) - Get Report and others are back at it. These Reddit stocks have been red hot and are starting to squeeze higher with strong upside rallies. As these so-called meme stock leaders fetch a bid, they’re dragging others higher too.
AMC shares jumped nearly 25% Friday, though reversed course by midday and at last check was down 4.49% at $29.50, though still up well over 100% for the week. The stock on Thursday posted its biggest one-day gain since January’s meme-stock retail-trading frenzy, pushing its market value past $10 billion for the first time. ....

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GameStop Has 94% Downside Risk as Digital Threat Hasn't Gone Away, Analyst Says

Author Bio
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio.
His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. ....

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GameStop erwähnt "Short Squeeze": Reddit-Anhänger schöpfen Hoffnung

GameStop erwähnt "Short Squeeze": Reddit-Anhänger schöpfen Hoffnung
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Everyone's Talking About Reddit Stocks, But These Underfollowed Stocks Are Better Buys

Image source: Getty Images.
A golden opportunity flying under Reddit s radar
Scott Levine (Kirkland Lake): While GameStop and AMC are names on many investors lips these days, Reddit s attention seems to have shifted from individual companies to a commodity: silver. In fact, the average price of the precious metal is nearly 8% higher than its average price of $25.90 in January. Gold, on the other hand, is not recognizing the same increase; the average price of the yellow metal in February has dipped about 1.3% from its average price last month. Consequently, Kirkland Lake, a leading gold mining company, looks like a sparkling option for investors at the moment. ....

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