Friday, August 27, 2021

👋Inflation Isn’t Going Away Yet—Here’s Why👋

Good morning. The Federal Reserve continues to hint at eventually tapering its...
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. The Federal Reserve continues to hint at eventually tapering its bond-buying program. Until then, it's putting a lot of money into the market. With inflation rates at their highest in decades, many are looking for relief. Some see trends heading down already, as direct stimulus payments have ended.

However, Bank of America (BAC) has created a meter to determine factors that break down transitory inflation vs signs of persistent inflation. With a current reading of 100 out of 100, a number of trends point that higher inflation rates are here to stay, which could lead to a shock in the stock market if the those trends continue and overtake the "transitory" view that's boosting markets right now.

Now here's the rest of the news:

Sponsored Content
Veteran Tech Legend: "Biggest Investing Event in 400 Years"

He called the #1-returning tech stocks of 2016, 2018, 2019 AND 2020…

Now America's forecasting legend Jeff Brown declares:

"Nobody is paying attention to this technology…

But it's about to change the types of houses, cars & investments you can own (and profit from)…

In a way we haven't seen for 400+ years."

[VIDEO]: How Just $25 Cuts You In


MARKETS
DOW 35,213.12 -0.54%
S&P 4,469.92 -0.58%
NASDAQ 14,945.81 -0.64%
*As of market close
Stocks moved lower on Thursday, with all indices closing near their lows of the day.
Oil declined 0.7 percent, closing at $67.88 per barrel.
Gold rose 0.2 percent, last going for $1,795 per ounce.
Cryptocurrencies traded lower, with Bitcoin at $47,036 at the stock market close.

Today's TOP TIPS
The Wealth Effect Will Drive High-End Retailers Higher

Economic data continues to show that the rich got richer during the pandemic. Most were unaffected by shutdowns, and having wealth tied up in appreciating assets like stock and real estate increased their net worth.

That's also true well into the middle class, a trend that also benefits a number of higher-end retailers. Like the big box stores, these companies have held up well, as reduced spending in activities like attending concerts or going out to dine led to higher spending elsewhere.

» FULL STORY


Insider Trading Report: Six Flags Entertainment Corp (SIX)
Arik Ruchim, a director at Six Flags Entertainment Corp (SIX), recently bought 100,000 shares. The buy increased his stake by 1.2 percent, and came to a total purchase price of just over $3.8 million.

This follows a buy from the day before by the company president and CEO, who bought 13,200 shares. That buy came in at just under $500,000. Prior insider activity over the past year had previously been all sales until these buys.

» FULL STORY

Unusual Options Activity: Academy Sports and Outdoors (ASO)
Sporting goods retailer Academy Sports and Outdoors (ASO) is already up over 200 percent in the past year. One trader sees the opportunity for a further move higher.

That's based on the December $45 calls. With 112 days until expiration, over 9,800 contracts traded compared to a prior open interest of 121, for an 81-fold jump in volume. The buyer of the calls paid about $4.90 to make the trade.

» FULL STORY

IN OTHER NEWS
Jobless Claims Inch Up

Initial jobless claims hit 350,000 last week, a 1,000 rise over the week prior. The four-week moving average for claims fell to a pandemic-era low of 366,500. Unemployment benefit claims have also been trending down, a sign that the job market is continuing to recover.
Americans Migrating to Higher-Risk Climate Change Areas

Data from real estate risk providers indicate that of the top 50 counties most likely to face risks from changes in the climate, a majority saw an increase in population over the last 5 years. That includes low-lying coastal areas, as well as areas prone to storms, heat, drought, flood and fire. Areas ranked for the lowest risk saw a population drop of 1.4 percent over the past 5 years.
Oil Forms Golden Cross

Oil prices have formed a "golden cross," where the commodity's 50-day moving average has crossed over the 200-day moving average. This has happened just twice in the last 20 years, but each time oil has continued to rally from there, with a 20-50 percent move likely in the months ahead.
Taiwan Semiconductor Raises Prices

Taiwan Semiconductor (TSM), the world's largest manufacturer of semiconductor chips, will be raising prices by roughly 10 percent for its most advanced chips, and as much as 20 percent for less advanced chips. The price increases are to take effect later this year and into next year. This can impact the cost of everything from smartphones to new cars.
Picsart Hits Unicorn Valuation

Startup Picsart has raised $130 million in a valuation round led in part by SoftBank. The new raise values the company at over $1 billion, although the company declined to provide a precise figure. In its last round of funding in 2019, the firm was valued at $600 million. Presently, the firm has hit the $50 million ARR mark, and is set to hit $100 million this year.

S&P 500 MOVERS
TOP
ETSY 5.097%
NTAP 4.716%
MCHP 2.965%
CRM 2.645%
ADI 2.48%
BOTTOM
DLTR 12.077%
ADSK 9.373%
WDC 4.473%
GPS 4.221%
PVH 4.21%

Quote of the Day
The 10-year Treasury bond yield has continued rising in recent days and exploded higher in [Wednesday's] trading, sending a strong message that the Delta variant of Covid may be peaking in the U.S. which should improve confidence, restart economic reopenings, and drive investment flows toward small caps and cyclicals.
- Jim Paulsen, chief investment strategist at the Leuthold Group, on why the recent stock market's rally higher is being driven by a potential peak in Covid cases right now.

Sponsored Content
Veteran Tech Legend: "Biggest Investing Event in 400 Years"

He called the #1-returning tech stocks of 2016, 2018, 2019 AND 2020…

Now America's forecasting legend Jeff Brown declares:

"Nobody is paying attention to this technology…

But it's about to change the types of houses, cars & investments you can own (and profit from)…

In a way we haven't seen for 400+ years."

[VIDEO]: How Just $25 Cuts You In


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

🐤 Why These Companies Are Buying Back Stock Lately

When investors think about their potential winnings through the stock market, two methods typically get the lion’s share of attention. Th...