Curt Renz Capital Resources

Stock Market

Market Outlook
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Elliott Wave International
 
The popular stock market averages closed to the upside on Friday as weekly options expired. The S&P 500 and Nasdaq Composite achieved intraday and closing records. The interest rate for 10-yr treasury notes closed lower. The price closed up for gold and down for crude oil.

April nonfarm payrolls grew by more than expected, while the unemployment rate held steady as expected.

eVTOL air taxi makers Joby Aviation (JOBY +8.6%) and Archer Aviation (ACHR +3.2%) rose in the wake of Joby's well received earnings report this past Tuesday and hopes for Archer's report this coming Monday. I own Archer shares.

Armistice talks between the U.S. and Iran continue to be muddled. The ultimate outcome of the war with Iran is still unknown. Meanwhile, investors are hoping for the best and looking beyond.

If you are unhappy with the high price of gasoline, then do as I have done and treat yourself to an electric vehicle. Click here.             

Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
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