Friday, October 15, 2021

✋Did We Just Hit Peak Inflation?🤚

Good morning. Wednesday's inflation numbers came in at a 15 year high...
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. Wednesday's inflation numbers came in at a 15 year high. But beyond the headlines, core inflation numbers have started to show a slowdown, with a rise of 0.2 percent from August. It's not a reversal, but a still-hidden sign that inflation may be moderating. The bond market picked up on the news, with yields ticking down slightly.

If that's the case, then many of the fears impacting the market right now may go away. That could explain part of Thursday's rally, on top of the debt ceiling delay to December. While we're not out of the woods yet on the labor market, declining inflation expectations can also delay any change in monetary policy that could truly lead to a big round of fear in the market. If anything, it's just one more sign that the recent volatility has been seasonal, and that markets are setting up nicely for a year-end rally.

Now here's the rest of the news:

Sponsored Content
Could This Be a View From The Near Future... ?
The richest men on the planet are betting big on the tech you see in the video above:

Jeff Bezos poured $1.2 billion into this technology revolution…

Bill Gates and Microsoft just invested $2 billion...

And Elon Musk put a whopping $110 billion into this trend!

One investment analyst calls the company behind this technology "The Next Tesla"...

Watch a demo, and get the name of this company at no charge, when you click here »


MARKETS
DOW 34,912.56 +1.56%
S&P 4,438.26 +1.71%
NASDAQ 14,823.43 +1.73%
*As of market close
Stocks rallied strongly on Thursday, with all three indices closing near highs of the day.
Oil rose 1.2 percent, closing at $81.38 per barrel.
Gold advanced 0.2 percent, last going for $1,798 per ounce.
Cryptocurrencies moved higher, with Bitcoin at $57,768 at the stock market close.

Today's TOP TIPS
Stronger Travel Trends Point to Profitability For this Industry Leader
After being pent up at home for months on end, consumers are looking to get out and travel more. That's a trend showing signs of growth, a welcome indicator as the economy contends with persistent inflation and supply chain issues for physical goods.

With that trend moving higher, a number of companies are likely to benefit. Probably not airlines, given higher energy prices. But investors who look elsewhere can be rewarded.

» FULL STORY

Insider Trading Report: Life Time Group Holdings (LTH)
Partners Group Private Equity, a major holder at Life Time Group Holdings (LTH), recently added 277,777 more shares. The buy increased the fund's holdings by over 4 percent, and came to a total cost of just under $5 million.

This marks the first insider transaction since the company went public earlier in the month. Overall, company insiders own nearly 15 percent of shares.

» FULL STORY

Unusual Options Activity: Wells Fargo & Company (WFC)
Shares of megabank Wells Fargo & Company (WFC) have nearly doubled in the past year. However, over the past 5 years, shares are largely down thanks to a number of scandals. One trader expects a further decline in shares in the next few years.

That's based on the January 2024 $40 put. With 826 days until expiration, over 10,760 contracts traded against a prior open interest of 442, for a 24-fold jump in volume. The buyer of the put paid $5.60 to make the trade.

» FULL STORY

IN OTHER NEWS
Jobless Claims Hit New Pandemic Low

Jobless claims hit 293,000 last week. That came in well under expectations for 318,000 claims, and marks the first time the number came in under 300,000 since the start of the pandemic. Continuing claims dropped 134,000 to 2.59 million as well.
Worker Strikes Rise on Low Pay and Benefits

A number of companies have seen workers go on strikes in recent weeks, citing not just higher pay, but better healthcare, vacation time, and retirement benefits as well. The strikes occur as a number of sectors see a significant shortage of workers.
Winter Heating Costs Likely to Rise 30-50 Percent This Year

The Energy Information Administration estimates that nearly half of American homes are heated with natural gas during the winter. Given the rise in gas prices, a jump in heating costs of 30 percent seems likely, with a potential for a rise over 50 percent if winter is colder than expected this year.
Bank Earnings Come in Strong

With many megabanks reporting this week, stocks have been relieved at the results so far. Nearly all firms have reported solid demand for lending business, improving credit quality, and even a rise in business thanks to ongoing IPO and merger activity this year, more than offsetting rising inflation fears.
Cannabis Investment Soars 165 Percent Over 2020

While pot stocks soared at the start of the year and have now been a significant underperformer, investments continue to move to the space. Year-to-date, over 205 funding rounds have been reported for private cannabis companies, with the average investment size up 165 percent to $19.9 million per round.

S&P 500 MOVERS
TOP
WBA 7.29%
APA  6.644%
AMG 4.607%
ASML 4.505%
CARR 4.494%
BOTTOM
USB 2.213%
BA 2.056%
WFC 1.933%
DISCK 1.483%
HWM 1.42%

Quote of the Day
The print reflected that while transitory factors continue to roll-off, stickier more persistent factors are becoming more prevalent, which the Fed is more likely to respond to.
- A Bank of America analysis on the latest CPI numbers showing inflation is running its hottest in 20 years, and why that may cause the Fed to start tapering its asset purchases rather than simply talk about it.

Sponsored Content
Could This Be a View From The Near Future... ?
The richest men on the planet are betting big on the tech you see in the video above:

Jeff Bezos poured $1.2 billion into this technology revolution…

Bill Gates and Microsoft just invested $2 billion...

And Elon Musk put a whopping $110 billion into this trend!

One investment analyst calls the company behind this technology "The Next Tesla"...

Watch a demo, and get the name of this company at no charge, when you click here »


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

Could CVS Health (CVS) Be a Safe Haven as Healthcare Costs Rise?

Healthcare costs in the U.S. are surging, placing significant financial pressure on consumers, insurers, and providers. The growing demand...