MARKETS: YF Premium Investment Idea: TWLO

Yahoo Finance's Jared Blikre breaks down some of the features of the Yahoo Finance Premium package.

Video Transcript

ADAM SHAPIRO: Markets seem to be brushing off the unemployment report we got this morning. Jared Blikre has more for us on where we're headed. Jared?

JARED BLIKRE: That's right, Adam. We've got the Dow up 365 points at 1 and 1/2%. NASDAQ is up just a little bit less than that, and the S&P 500 up 1.4%. Take a quick look at the intraday price action. This is over the last two days.

You can see we gapped up here in the morning. And we are at session highs right now over the last five days. This is the end of the week. We can see that still in an uptrend here.

And I just want to point out the VIX is now below 30. We haven't seen this set up in some time. In fact, you'd have to go back to early March, two months ago to see the VIX at this level. And that's when it was going to the upside. So this is beneficial for equities going forward.

And just to look at the heat map here for the Dow, we had everything in the green earlier. And that is still the case. Energy, materials, industrials all outperforming here. Health care is the biggest underperformer.

Now I want to get to a Yahoo Finance Premium idea. And this is going to be in Twilio, based on a fundamental report by Argus Research. They have a price target that they have moved from $140 to $200. And you can see there is a huge gap up after their earnings a few days ago.

This is a COVID play. And it is a smallish company in the tech space. So there are some risks.

But that is our Yahoo Finance Premium idea of the day. And you can get a free trial at our website for 14 days.