Wednesday, March 16, 2022

🔑This Key Global Asset Is Slowly Dying by a Thousand Cuts🔑

Good morning. For years, many have assumed that the US dollar would go the way of the British...
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. For years, many have assumed that the US dollar would go the way of the British Pound or French Franc and lose its status as the world's reserve currency. However, in order for that to happen, a new challenger would need to appear on the world stage. While some have seen the Chinese yuan as a potential successor, it's still not ready for that role.

However, it may be ready to help wean the rest of the world off of US dollars for international payments. China is now working with Saudi Arabia to accept its currency instead of the dollar for oil. Like other international payment plans over the past few years, the dollar is slowly losing its reserve currency status, which would lower standards of living stateside as it becomes harder to "export inflation," as reserve currencies often do.

Traders should look internationally, and also consider holdings in precious metals and cryptocurrencies to hedge against more volatility in the US dollar as it gradually fades from global prominence.

Now here's the rest of the news:

Sponsored Content
Executive Order 14008 Could Send This Small Energy Stock on a Tear

Here's what you need to know.


MARKETS
DOW 33,544.34 +1.82%
S&P 4,262.46 +2.14%
NASDAQ 12,948.62 +2.92%
*As of market close
Stocks soared higher on Tuesday, with indices closing near highs of the day.
Oil slid 7.2 percent, closing at $95.55 per barrel.
Gold dropped 2.2 percent, going for $1,918 per ounce.
Cryptocurrencies moved higher, with Bitcoin at $39,729 at the market close.

Today's TOP TIPS
Time to Buy a "Blood in the Streets" Play

The stock market pullback is getting ugly. With pullbacks deepening into corrections, investors want to know where to go for the best returns on the market's next rebound.

Historically, a handful of companies have used these dire and fearful market conditions to set themselves up for big profits when the outlook is much brighter. A select group of investment managers in particular tend to have a great track record for navigating tough markets.

» FULL STORY


Insider Trading Report: Caesars Entertainment (CZR)
Micheal Pegram, a director at Caesars Entertainment (CZR), recently picked up 13,000 shares. The buy increased his stake by nearly 16 percent, and came to a total cost of just over $895,000.

He was joined by the company CEO, who also bought 10,000 shares on the same day. The cost of that buy came to about $714,000. These two buys mark the first time insiders have added shares since late 2019.

» FULL STORY

Unusual Options Huazhu Group Limited (HTHT)
Shares of Chinese hotel lodging operator Huazhu Group (HTHT) shed nearly 19 percent on Monday as traders reassessed Chinese stocks. However, one trader sees an opportunity on a rebound ahead.

That's based on the September $45 calls. With 184 days until expiration, 7,881 contracts traded compared to a prior open interest of 194, for a 41-fold jump in volume. The buyer of he calls paid $1.20 to make the trade.

» FULL STORY

IN OTHER NEWS
Producer Price Inflation Continues to Rise

Suppliers continued to see increasing prices for commodities, as measured by the Producer Price Index. The measure rose 0.8 percent for February, leading to a new multi-year high. However, the rate of growth slowed compared to January's 1.2 percent rise. The measure may continue to trend higher as commodity prices have surged in recent weeks.
Vacant Fed Seats Stalled in Senate

Three seats at the Federal Reserve that require approval from the Senate are being held up. That includes the renomination of current Chairman Jerome Powell. The sticking point is with Sarah Bloom Raskin, whose prior statements on using the banking system to server environmental goals is being held up by moderate Democrat Joe Machin.
Nickel Trading Resumes in London

Nickel trading is resuming on the London Metal Exchange. Last week, the commodity exploded higher, eventually topping at $100,000 per ton before trading was suspended. New rules have been put in place to moderate price moves in a number of metals in addition to nickel.
Former Meta Employees Launch Crypto Project

Attempts by Meta (FB), formerly Facebook, to start a digital currency ended last year. Several former employees for the company have instead launched their own crypto project called Aptos. They've raised over $200 million so far to develop a new layer 1 blockchain independent of other projects.
AMC Invests in Precious Metals

Movie theater chain AMC Entertainment (AMC) has diversified its holdings by buying a 22 percent stake in Hycroft Mining (HYMC). The Nevada-based gold and silver mining company is issuing warrants, and AMC is spending about $27.9 million in cash to make the deal.

S&P 500 MOVERS
TOP
MPWR 9.6%
AAL 8.526%
UAL  8.424%
DAL 7.983%
NVDA 7.928%
BOTTOM
VLO 6.764%
BKR 5.665%
XOM 5.447%
CVX  5.284%
SLB 4.876%

Quote of the Day
The market is jittery. So much concern about the Russian invasion, inflation, and the Fed. With growing concerns of a bear market, investors have been skittish. A pullback/correction becomes a bear market if a recession is likely. Fundamental data (labor, construction spending, PMIs, etc.) all support a solid economic base.
- Gene Goldman, chief investment officer at Cetera Investment Management, on why the economy's fundamentals could allow the US to avoid a recession even with a number of significant headwinds right now.

Sponsored Content
Executive Order 14008 Could Send This Small Energy Stock on a Tear

Here's what you need to know.


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

Trader, wondering if the Trade Triangles work?

This is a fair question, and one with an easy answer. But here's how you can see for yourself. ...