- The Daily Trade
- Posts
- Six Flags America Closing: What's Next? 🎢
Six Flags America Closing: What's Next? 🎢
Ryan Serkes
May 02, 2025
The
Daily Trade
How can we improve our newsletter's content?Your feedback is really important to us. We would really appreciate if you'd take a moment to let us know how we can bring you more value. |
Hey Daily Traders,
Arvinas, Inc. is under scrutiny as shares plummeted over 20% following the halt of a breast cancer drug's development with Pfizer, sparking a securities fraud investigation by Block & Leviton. This development raises concerns about Arvinas' management transparency and could potentially lead to significant repercussions for investors.
In the real estate sector, Six Flags America in Maryland will close by the end of 2025, opening up the 500-acre site for redevelopment. This move, part of a strategic review following a merger with Cedar Fair, highlights the dynamic shifts within the amusement park industry.
Here's what's happening today:
- ⚠️ Arvinas faces securities fraud investigation.
- 🎢 Six Flags America closing for redevelopment.
- 📉 Allegations of Ponzi scheme at XP Inc.
- 📱 Apple sales beat expectations, tariff fears loom.
- 🏭 Kimberly-Clark to create 491 jobs in Ohio.
Question
Do you think the closure of Six Flags America will lead to more amusement parks being redeveloped, or is this an isolated case due to the Cedar Fair merger?
Reply to this email with your answer
Stock Market Shares of Arvinas, Inc. fell over 20% after the announcement that the company and Pfizer would discontinue the development of vepdegestrant, a drug for HR-positive breast cancer. The sudden move prompted Block & Leviton to investigate potential securities law violations, leaving investors surprised and concerned about the company's management transparency. Block & Leviton is a leading securities class action firm, known for recovering billions for defrauded investors. They are encouraging investors who have seen losses to contact them for potential recovery. The investigation will determine if Arvinas misled investors about its drug's commercial prospects. Key Takeaway
|
100 Genius Side Hustle Ideas
Ready to escape the 9-5? The Hustle's side hustle database gives you 100 proven income opportunities, categorized by startup investment and skill level. Each idea includes real profit potential and time commitment details. Sign up now to unlock your next step to financial freedom and join our community of 1.5M entrepreneurs.
Real Estate  Six Flags announced the closure of its Maryland amusement park, Six Flags America, at the end of the 2025 season. The park, which includes Hurricane Harbor waterpark, will be marketed for redevelopment as part of the company's strategic review of its park portfolio. This decision follows the merger between Cedar Fair and Six Flags, forming the largest operator of regional parks in North America. CEO Richard Zimmerman expects strong interest in the 500-acre property, which is located near Washington, D.C. The closure will affect 70 full-time employees, but Six Flags is committed to supporting them through the transition. The company will continue to operate 26 amusement parks and 14 waterparks across North America. Key Takeaway
|
Stock Market XP Inc. is facing allegations of operating a Ponzi-like scheme, causing its stock price to fall over 5%. The allegations, made by Grizzly Research, claim that XP's profits rely heavily on questionable financial practices involving derivatives sold to retail clients. Hagens Berman, a prominent investor rights firm, is investigating the claims and urging affected investors to report their losses. The investigation raises questions about XP's business model and financial reporting, which had previously assured investors of improved internal controls. The outcome of this investigation could have significant implications for XP's reputation and financial stability. Key Takeaway
|
Stock Market  Apple reported better-than-expected sales and profits for its fiscal second quarter, driven by strong iPhone sales. However, shares fell 2.4% due to investor concerns over potential tariffs on its products, as the company shifts some production to India to mitigate risks. Apple's results highlight the challenges it faces in navigating geopolitical tensions while maintaining market share. The company's strategy to spread tariff costs across its supply chain reflects its efforts to balance cost pressures with competitive pricing. Key Takeaway
|
Real Estate Kimberly-Clark announced plans to build an $800 million manufacturing facility in Trumbull County, Ohio, creating 491 jobs. The project is supported by a 10-year Job Creation Tax Credit and reflects Ohio's appeal as a business-friendly location with a skilled workforce. This investment marks Kimberly-Clark's first in Ohio and is part of its strategy to expand its manufacturing capabilities in the U.S. The new facility will enhance the company's ability to serve consumers in the Midwest and Northeast, highlighting the region's strategic importance for growth. Key Takeaway
|
Today's Technical Analysis
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Hold | ULTOSC Sell | STOCH Sell |
RSI Hold | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Hold | ULTOSC Sell | STOCH Sell |
RSI Buy | MFI Hold | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Hold | STOCH Buy |
You might also like…
We’re always looking for opportunities to bring our readers more value so we’ve partnered with a handful of companies that we think you might enjoy.
If you have suggestions for companies we should partner with, let us know and we’ll reach out to them.
Do you have an idea for a new website or mobile app?
Under the leadership of tech entrepreneurs, Modern Launch develops software applications from scratch.
Mention The Daily Trade & get up to 20% off
Are you looking for your next real estate investment?
Every day, Labrador scans the MLS and runs a cash-flow analysis on every property to deliver only the highest ROI opportunities.
Do you want to try the best wines?
Get weekly wine recommendations from top sommeliers at Pour Decisions.
Thanks for Reading!
Have ideas to improve our newsletter?
Let us know
Want to reach our readers?
Become a partner
Was this email forwarded to you?
Subscribe here
How would you rate today's newsletter?If there's anything I can do better, please reply to this email and let me know! |
Let’s stay in touch!
Thank you for reading today’s edition of The Daily Trade.
Let’s connect on LinkedIn!
-Ryan Serkes
Subscribe here if this email was forwarded to you!
Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
Disclaimers
The information in our newsletter is not intended to constitute investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described will be profitable. We strongly advise you to discuss your investment options with your financial advisor prior to making any investments, including whether any investment is suitable for your specific needs.
Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The analysis provided in this newsletter is based on the prior trading day’s closing prices and may not reflect after-hours trading, earnings announcements, or other significant market events that occur outside regular trading hours. As such, any data or commentary may not fully capture the latest market movements or emerging factors. For the most current and comprehensive view, please consider additional sources or consult with a qualified financial professional.
The information provided in our newsletter is private, privileged, and confidential information, licensed for your sole individual use as a subscriber. We reserve all rights to the content of this newsletter. Forwarding, copying, disseminating, or distributing this newsletter in whole or in part, including substantial quotation of any portion the publication or any release of specific investment recommendations, is strictly prohibited.