Monday, August 30, 2021

đź‘€Beware the Ungovernablesđź‘€

Good morning. Many retail investors are still upset over being locked out of buying...
It's the monthly jobs numbers today and they're not going to be pretty and will be possibly the tip of the iceberg as we head into May.

Good morning. Good morning. Many retail investors are still upset over being locked out of buying shares of companies like GameStop (GME) or AMC Entertainment (AMC) back in late January. They're still around, as evidenced by how shares of those companies haven't gotten back to their pre-gamma-squeeze prices.

Much like those who supported Bernie Sanders or Donald Trump, what's going on is a sort of populist movement that now has the power to both move markets and expose how the big players rig the game in their favor time after time.

This remains one of the biggest yellow flags to the market, as these ungovernable traders could eventually win big, then take their winnings to cash or the crypto markets, leading to a drop in stocks. With market valuations high and breadth of new all-time high stocks low, it's another reason to be cautious going into the autumn season.

Now here's the rest of the news:

Sponsored Content
Man Who Predicted Bitcoin In 2015: "This Is Bigger"

Why are Billionaires like Elon Musk, Mark Cuban & Michael Jordan Investing in This Odd New Technology?

Learn More


MARKETS
DOW 35,454.81 +0.69%
S&P 4,509.40 +0.88%
NASDAQ 15,129.50 +1.23%
*As of market close
Stocks jumped higher on Friday, thanks to relatively dovish comments by Fed Chairman Powell.
Oil rose 1.9 percent, closing at $68.72 per barrel.
Gold rose 1.5 percent, last going for $1,822 per ounce.
Cryptocurrencies traded higher, with Bitcoin at $48,359 at the stock market close.

Today's TOP TIPS
A Perfect Way to Play the Next Crypto Rally?

After a swift drop earlier in the year after hitting all-time highs, cryptocurrencies have surged higher in prior weeks. The space is pausing again, but may be on track to resume its rally soon.

While many companies have embraced cryptocurrencies, the trend is still early. But investors who want exposure to the space without having to buy and store their own have a few solid opportunities.

» FULL STORY


Insider Trading Report: Cree Inc. (CREE)
Loan Le Duy, a director at Cree Inc. (CREE), recently bought 1,000 more shares. The buy increased the holdings by nearly 6 percent, and came to a total price of just under $85,000.

That marks the second insider buy of the year, also from the same director. Overall, insiders have been sellers of shares over the past 2 years, with insiders last buying in late 2019.

» FULL STORY

Unusual Options Activity: Opendoor Technologies (OPEN)
Real estate platform company Opendoor Technologies (OPEN) has been trending down since February. However, one trader sees the potential for a rebound in the next year and change.

That's based on the January 2023 $23 calls. With 508 days until expiration, over 35,013 contracts changed hands, a 71-fold jump in volume from the prior open interest near 490 contracts. The buyer of the calls paid about $3.60 to make the buy.

» FULL STORY

IN OTHER NEWS
Powell Hints at Tapering Later in the Year

Speaking virtually at the Jackson Hole Symposium, Federal Reserve Chairman Jerome Powell stated that the economic recovering is continuing, and that the central bank would start to wind down its economic stimulus program soon. While no specific date was set, the market has priced in a tapering of the Fed's monthly bond purchases by the end of the year.
Household Income Rises in July

US household income rose 1.1 percent in July, the biggest jump in March. Part of the gain is likely due to the expanded child tax credits. While household income rose overall, spending slowed in July to 0.3 percent, a significant decline from June's increase of 1.1 percent, suggesting that Americans are still being cautious with their cash.
PCE Inflation Rises 3.6 Percent, Tying Record Jump

Personal consumption expenditures, a measure of inflation, rose 3.6 percent compared to a year ago. That met analyst expectations, but also tied with the highest jump in 30 years. The Fed views PCE as the broadest measure of inflation, and on a monthly basis, the inflation estimate rose just 0.3 percent.
Brazil Raises Interest Rates

While most investors are focused on the Fed, a number of smaller countries battling inflation have already started to raise interest rates. In Brazil, the country's central bank rose rates to 5.5 percent, up from 2 percent in March. Economists estimate that rates will hit 7 percent by year-end, to stave off typically higher rates of inflation in the South American nation.
DOJ Subpoenas Peloton Over Treadmill Injuries

The Department of Justice, and Homeland Security have subpoenaed Peloton (PTON) over its treadmill injury reporting. Over 70 injuries from using the company's treadmill products have been reported. The company has recently released a cheaper line of treadmill products, and cut prices on its higher-end models.

S&P 500 MOVERS
TOP
OXY 6.708%
XEC 6.549%
COG 6.356%
APA 5.907%
FCX 5.79%
BOTTOM
MRNA 4.404%
DLTR 2.776%
AZO 2.752%
AAP 2.337%
ETR 1.764%

Quote of the Day
Markets don't like uncertainty and the uncertainty in Afghanistan is high and feels like it's rising
- Bob Doll, chief investment officer of Crossmark Global Investments, on the potential for a black swan event related to foreign policy that could weigh on markets in the coming weeks.

Sponsored Content
Man Who Predicted Bitcoin In 2015: "This Is Bigger"

Why are Billionaires like Elon Musk, Mark Cuban & Michael Jordan Investing in This Odd New Technology?

Learn More


Not sure the best way to get started?
Follow these simple steps to hit the ground running.

› Step #1 - Get These FREE Reports:

Warren Buffett's Top 5 Stocks | 10 Great Stocks Under $10 |
7 High Yield Dividend Stocks

› Step #2 - Join Our Premium Advisory:

The Next Superstock

› Step #3 - Claim Your Free Copy Of:

Big Book Of Chart Patterns | How to Trade Weekly Options For Weekly Income

We just wanted to take a moment and say thank you so much for being part of our family! We are dedicated to teaching people how to make the world a better place so we can all thrive, together. We love sharing stories and featuring past learners who have applied our teachings and changed their situations. It's our passion to build a strong community centered around fun and mindset! We love to discover extraordinary and useful tools and share them with the world! We create a space where people can discover how to enjoy their lives by simply choosing to learn. Every day we are building and strengthening partnerships with our customers and clients and we do so in the most ethical way possible. We particularly love working with artisans, makers, and small businesses because through their passion and their craft they help make the world a better place.. Without all of you we wouldn't be able to do what we do on a daily basis and for that we say thank you. We've been living our dream for many years now and that wouldn't be possible without every single one of you. The idea of going from a typical nine to five life to a life of freedom doesn't seem real to most people, but we want you to know it is definitely possible. We've done it. You have the power to control your life, your actions, and what you choose to focus on. We're here to help you along that journey to achieve whatever goals you set out for yourself. However, we also care about keeping you and your privacy safe. We are committed to advising you of the right to your privacy. We strive to provide a safe and secure user experience. Our Privacy Policy explains how we collect, store and use personal information, provided by you on our website. It also explains how we collect and use non-personal information. By accessing and using our website, you explicitly accept, without limitation or qualification, the collection, use and transfer of the personal information and non-personal information in the manner described in this Privacy Policy. Please read this Policy carefully, as it affects your rights and liabilities under the law. If you disagree with the way we collect and process personal and non-personal information, please do not use this website. This Policy applies to this website as well as all webpages Company hosts. It regulates the processing of information relating to you and grants both of us various rights with respect to your personal data. It also informs you of how to notify us to stop using your personal information. We are located in the United States of America. You may be located in a country that has laws which are more restrictive about the collection and use of your personal information. However, by using our website, you agree to waive the more restrictive laws and agree to be governed by the laws of the United States of America. If you wish to view our privacy policy, you can find it below.



Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense.

Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.



 

This email was sent to edwardlorilla1986.paxforex@blogger.com by editor@tradingtips.com

TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405

Manage Subscriptionsreport SPAM


 

No comments:

Post a Comment

22 spring outfit ideas to fight fashion-decision fatigue

Your Horoscope For The Week Of May 13 VIEW IN BROWSER ...