Nonfarm Payrolls for April Say the Economy Is in Trouble

The Formula for Success What do an 83% stock price dip, dividend cuts and a mountain of debt have in common? They were all bad news headlines about Apache Corp. in April 2020. So with those awful headlines, how did ex-hedge fund manager Lance Ippolito know to buy in at that time… And walk away with a 157% return just over a month later? He just waited for this. Get the Details and Follow Alongside Him Here Jeff Z Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market.  Nonfarm Payrolls for April Say the Economy Is in Trouble I was originally going to do today's video on something completely different… until I saw the horrific number of nonfarm payrolls for April. Guys, there was supposed to be a million new jobs created in April in the U.S. A million! Instead, we got jobless claims this morning that totaled 498,000, and hiring was almost nonexistent. The nonfarm payrolls for April ended up being 266,000 and the unemployment rate rose to 6.1% due to there not being enough workers available. And there's more bad news: March's original estimate of 916,000 new jobs had to be revised down to 770,000. It can't possibly get worse than that, right? Guys, It Gets Worse Bitcoin and Ethereum: A Perfect Pairs Trade for 2021 May 03, 2021 Ethereum used to be arguably the second largest and most popular cryptocurrency after Bitcoin. Continue Reading How Cathie Wood's Ark ETFs Could Crash the Entire Market May 02, 2021 WealthPress Senior Strategist Roger Scott and I talk a lot about what's moving the stock market behind the scenes. Continue Reading Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

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