Happy Wednesday Zingernation! We all have that one friend who’s a little too good at everything they do. It may get a bit annoying, but hey. At least you’re not buddies with Ryan Reynolds. The man’s not only an A-list Hollywood actor, but also the founder of multiple multi-million-dollar businesses. Oh yeah, and he’s married to Blake Lively. On second thought, maybe being in that friend group wouldn’t be the worst thing in the world...

–Aaron Bry and Nic Chahine

Today’s Price Action:

$SPY: +1.24%
$QQQ: +1.56%
$DIA: +.94%

Plus, looking for some exposure to the clean energy industry? Take a look at the company that’s leading the charge through lithium batteries.

And, why haven’t you checked out the “MoneyLine” yet? Stop getting trade ideas from your buddies at the bar, and start following a pro.  

TODAY’S MOST VOLATILE STOCKS

TODAY’S TOP STORY

S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs

Briefly: The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs today, driven by a benign inflation report that boosted risk sentiment among bullish investors.

So Basically: The S&P 500 closed Wednesday’s session at 5,308 points and the Nasdaq 100 ended at 18,595. Blue-chip stocks in the Dow Jones Industrial Average also closed at all-time highs, reaching 38,908.

So Then: Top-performing S&P 500 sectors include technology and real estate, with the Technology Select Sector SPDR Fund and the Real Estate Select Sector SPDR Fund rising 2.2% and 1.7%, respectively.

So What? April’s cooler-than-expected inflation report reignited hopes that the Federal Reserve may cut rates this year after all. CME’s FedWatch Tool shows that the majority of market watchers now believe the federal fund rate will fall 50 basis points by the end of the year.

Click here to read more.

PRESENTED BY DRAGONFLY ENERGY

Why This Green Energy Gem Got A "STRONG BUY"

Global demand for batteries is increasing, driven largely by the imperative to reduce climate change through electrification of mobility and the broader energy transition.

Moreover, the U.S. has a lofty goal to reduce its reliance on foreign lithium supply and increase the nation’s energy self-sufficiency. 

China dominates the global supply chain for lithium-ion batteries prompting North America to scramble for more control over the “white oil.” 

This presents a compelling opportunity to look at domestic lithium firms that may lead the lithium revolution, including one little known NASDAQ-traded Green Energy Company.

Learn More about the company by gaining access to the latest research report

FIVE MOVERS

Meme stocks like GameStop and AMC dipped today as some traders appeared to be taking profits after the strong rally to start the week.

Cisco shares moved higher after the technology company’s earnings report exceeded investor expectations.

Palo Alto Network shares moved higher today as analysts gave the cyber security play some love ahead of its earnings report.

NVIDIA shares closed higher by nearly 4% today, following the cooler April inflation report, as well as another price target upgrade.

Alibaba shares moved slightly higher today, closing up around 2% as traders bought the dip on the Chinese play.

ONE TRADE IDEA FOR TOMORROW

Analyst Remains 'Bullish As Ever' On SoFi Stock

Briefly: SoFi, a prominent fintech player, has been on a rollercoaster ride over the past year. But some say it has yet to reach the drop.

Who: The San Francisco-based company provides a wide array of financial products and services, including student loan refinancing, mortgages, personal loans, credit cards, investing and banking.

What: SoFi stock was recently applauded by Mizuho Securities analyst Dan Dolev. Coming out of management meetings with SoFi executives, Mizuho analysts were “as bullish as ever.”

Why: The analyst highlighted healthy internal indicators and noted the company is being cautious about personal loan growth due to less upbeat external indicators.

Click here for the full analyst breakdown.

PRESENTED BY MONEYLINE

Ex-Startup CEO Turned Trader Cracked The Options Code

Most options traders who buy calls and puts only win 20-30% of the time. Not Nic Chahine, west coast startup CEO turned professional trader. Nic's pulling off a win rate over 83% with a net gain of 27% per trade (winners and losers), and you can get access to his weekly trades. There’s no fancy software, indicator or moving average involved. See how Nic wins more trading options and get his weekly trades.

Click here to learn more.