Happy Monday! A shocking jobs report, escalating tensions with Iran, and fresh worries about an AI bubble have rattled the market. Yet behind the volatility, smart money is already rotating into a few key corners of the market. Discover where smart money is hiding before the next move hits.

Also, oil prices skyrocketed more than 35% last week for its highest weekly gain since 1983. Find out which energy stocks could ride the wave, and boost your portfolio.

Plus, if you’re looking for a diversified ETF that takes a fresh approach to the S&P 500, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Jobs Crash, War Flares: Smart Money Hides In These Stocks

Markets were blindsided: a shocking jobs loss, escalating tensions with Iran, and fresh fears of an AI bubble are suddenly changing the investing playbook.

While many investors panic, smart money is already rotating into areas of the market built to help weather the storm.

Read on to see which stocks, sectors and industries investors are piling into right now before the next move.

XOEX ETF’s Diversification Stronger Than S&P 500’s Largest Firms

The S&P 500 index is generally a go-to investment vehicle or benchmark for investors, and it has served well in those regards.

But what may be overlooked is the high concentration of the largest companies in the world, rather than representing what a true broad market fund can offer.

By contrast, one ETF’s strategy is to go beyond those companies you would expect to find in that common cap-weighted S&P 500 weighting.

That option is the recently rebranded Xtrackers S&P 100 Ex Top 20 ETF (XOEX). Interested in learning more? Click here.

Last Week: U.S. indexes finished sharply lower for the second consecutive week, as oil prices continue to surge, combined with disappointing labor market data. Oil prices soared to more than $90 per barrel, marking their biggest weekly surge (35%) since futures trading began in 1983. Attention remains on global energy supplies as tankers remain stranded near the Strait of Hormuz — a key shipping route that is responsible for roughly 20% of global oil. Iran has threatened to attack vessels attempting to pass, driving energy and defense stocks higher while most other sectors declined. Meanwhile, U.S. job growth unexpectedly turned negative in February, with payrolls falling by 92,000 and the unemployment rate rising to 4.4%. For the week, the Dow fell 3%, the S&P 500 lost 2%, and the Nasdaq declined 1.2%.

On Our Radar: There are no major economic reports today. On the earnings front, all eyes will be on Vail Resorts (MTN), and Caseys General Stores (CASY) Hewlett Packard (HPE) which report after the market close today.

Despite the market plunge, shares of Marvell (MRVL) soared more than 20% after better-than-expected earnings. Boeing (BA) and ServiceNow (NOW) also outperformed. Meanwhile, Micron (MU), Lam Research (LRCX), Sandisk (SNDK), and Ingram Micro (INGM) were some of the top laggards on the day. But those weren’t the only big movers. Here’s a look at some of the biggest winners and losers on Friday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

“Drug Deal”: After months of public clashes, Novo Nordisk and Hims & Hers have quietly struck a major deal that has sent shares soaring. Here’s all the details.

A Marvel-ous Surge: Shares of Marvell are surging after beating analyst estimates. Here’s a look at all the latest price targets on Wall Street.

Billionaire Move: This hedge fund titan just made a surprising move, trimming his stake in one retail giant and pivoting to another. See where he’s placing his bets.

Stock Of The Day: Amazon just broke a key resistance level. Is this a true rally or a trap? Here’s what traders are closely watching.

Bulls vs. Bears: Here’s a look at some of the top stocks (Costco, Berkshire Hathaway, Plug Power, Quantum, IonQ, Rigetti etc.) making headlines over past week.

AI Continues Gaining Popularity With Retail – Learn How To Take Advantage Of That With This Exclusive Benzinga And Direxion Bootcamp

The AI boom in the retail sector continues unabated, with many retailers pouring billions of dollars into AI to protect their margins, improve their sales and grow their businesses on a global scale. That provides investors with an opportunity to invest in everything from the chips and infrastructure providers to the retailers employing the technology.

Join Direxion's Senior Vice President of Institutional ETF Strategy Shawn Edwards and Gianni Di Poce, analyst at The Mercator LLC., for a high-impact virtual bootcamp to learn why this theme remains front and center. During this bootcamp, traders and investors will gain insight into where momentum may be building and how to use ETFs to capitalize on it.

Click here to learn more.

This is a paid ad. Please see 17b disclosure here for more information.

On This Day In 2020…

The U.S. stock market plunged as fears over COVID‑19 escalated, with the Dow falling more than 2,000 points — the largest single-day point drop at the time. The selloff triggered circuit breakers and halted selling as well. The Dow would go on to lose more than 30% of its value in just a couple weeks before eventually rebounding and climbing to new all-time highs. Additionally, oil prices fell as much as 34% on the day showing how quickly uncertainty can roil markets.

QUOTE OF THE DAY

“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them.“

— Peter Lynch

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Future Finance: Where fintech, crypto and the future of finance collide. Future Finance is a perfect lunch read packed with quick bites for industry enthusiasts. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis, and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.