Major Indexes Log String of Losses; VIX Snaps Losing Streak

Oil pulled rose modestly from yesterday's impressive surge

Managing Editor
Apr 4, 2023 at 4:30 PM
facebook X logo linkedin

The major index logged a string of losses for Tuesday's session, lower on news that job openings data fell for the first time in two years, to just below 10 million. As investors digest the suggestion of a slowing economy just one day off of oil's big post-cut pricing surge, Wall Street's "fear gauge," the Cboe Volatility Index (VIX), snapped its seven-day losing streak.

Continue reading for more on today's market, including:

  • Why this telecom behemoth brushed off a bull note.
  • Energy drink stock with plenty of juice.
  • Plus, bulls blast ETSY; trendline suggests bullish outlook; and headwinds pressure airline giant.

Closing Indexes Summary April 4

NYSE and Nasdaq Stats April 4

5 Things to Know Today 

  1. General Motors (GM) will see around $1 billion in annual savings due to the approximately 5,000 severance offers employees have taken, as the company continues its expense cut efforts. (MarketWatch)
  2. More than $2 million was invested in Black female-owned companies and non-profits by Goldman Sachs (GS), as part of the banking name's wider efforts to realign capital via its One Million Black Women program. (CNBC)
  3. Options bulls blasted Etsy stock after analyst note.
  4. Bullish trendline set to boost Skyworks stock.
  5. Headwinds put pressure on this major airliner.

There were no earnings of note today.

Unusual Options Activity April 4

Gold Logs Another Notable Gain

Following yesterday's OPEC+ surge, oil futures eked out a modest win in Tuesday's trading. For the session, May-dated crude rose 29 cents, or 0.4%, to close at $80.71 per barrel -- their highest level since Jan. 26.

Gold enjoyed a sizable jump this afternoon, as commodity investors digested jobs data out of the U.S. June-dated gold added $37.80 or 1.9%, to settle at $2,038.20.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI