Thursday, March 3, 2022

💡This “Tax” Increase May Cause the Next Recession💡

Good morning. History doesn't repeat itself, but it does sometimes rhyme. That's why the oil...
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. History doesn't repeat itself, but it does sometimes rhyme. That's why the oil market is a key one to watch now. While headlines note that oil is back over $100 per barrel again for the first time since 2014, the energy commodity didn't first hit that level until early 2008.

High oil prices act as a tax, and one that is particularly regressive for lower-income earners. The higher prices go and the longer they stay there, the less capital is available for consumption in other areas. While high oil prices didn't lead to the housing bubble bursting in 2008, it certainly did add some fuel to the fire, and that part of history may rhyme this year.

Traders should remain cautious on any energy-intensive sector, and continue to back commodity trades right now. And on any sign of a recession in part from high oil prices, it may be time to stick to defensive trades and avoid leveraged trades.

Now here's the rest of the news:

Sponsored Content
5 step process to never run out of money during retirement
Imagine if you had a check sent to you every month that covers your food, phone bill, internet, and travel expenses… The best part… you get this check without having to work! This is all possible using dividend stocks.

Click here to get our massive list of 119 of the best high-yield stocks to buy.


MARKETS
DOW 33,891.35 +1.79%
S&P 4,386.54 +1.86%
NASDAQ 13,752.02 +1.62%
*As of market close
Stocks rallied on Wednesday, reversing Tuesday's drop.
Oil rallied another 7.7 percent, closing at $111.35 per barrel.
Gold dropped 0.8 percent, going for $1,929 per ounce.
Cryptocurrencies dipped, with Bitcoin at $43,795 at the market close.

Today's TOP TIPS
For the Best Profits Today, Follow the Bargain Shoppers
Economic uncertainty is high. That's causing consumers of all income levels to cut back and take a wait-and-see attitude on spending, which is now growing more slowly than the rate of inflation. During periods of uncertainty, companies that offer the best bargain prices tend to gain market share—and their stocks perform well.

That appears to be the case today with a number of companies across a few different industries.

» FULL STORY

Insider Trading Report: Universal Insurance Holdings (UVE)
Stephen Donaghy, CEO at Universal Insurance Holdings (UVE), recently added 10,000 shares to his holdings. The buy increased his stake by 0.04 percent, and came to a total cost of $311,000.

This marks the first insider buy at the company since November 2020. A few insider sales occurred in the last year, and going back to 2019 and 2020, company insiders were exclusively buyers of shares, even at far higher prices than today.

» FULL STORY

Unusual Options Activity: Kinross Gold Corp (KGC)
Shares of gold mining operator Kinross Gold Corp (KGC) are near a 52-week low even as gold prices have started to heat up. One trader sees the potential for a big move higher in the coming months.

That's based on the July $6 calls. With 133 days until expiration, 5,825 contracts traded compared to a prior open interest of 146, for a 40-fold jump in volume on the trade. The buyer of the calls paid $0.34 to make the trade.

» FULL STORY

IN OTHER NEWS
Powell Hints at Quarter Point Rate Hike This Month

Federal Reserve Chairman Jerome Powell stated that the Fed was moving towards a quarter point increase in interest rates starting this month. Many had expected a larger increase to kick off a rate hike cycle, citing inflation at 42-year highs, although those expectations have moderated since Russia invaded Ukraine.
Job Data Shows Big Beat for February

Based on the latest ADP employment report, American businesses added 475,000 jobs in February. That's about 90,000 higher than expected, and a big reversal following January's surprisingly large drop in jobs. Prior months are also starting to be revised higher, indicating that the labor market is still tight.
Oil Continues Higher as OPEC Holds Production Steady

Russia's invasion of Ukraine and a tighter-than-expected inventory levels have helped crude oil prices continue higher. OPEC is holding steady on its current production levels as well, adding to higher prices, as many expected the cartel to accelerate its plans to gradually expand production.
Netflix Makes Acquisition in Gaming Market

Streaming service Netflix (NFLX) is expanding into the video game market. The company has announced the acquisition of Finland-based Next Games for $72 million. The game publisher already produces content for a number of intellectual properties, including The Walking Dead and Stranger Things.
Ford to Split EV Division from Traditional Automobiles

Ford Motors (F) has announced that it is reorganizing its business, allowing its electric vehicle (EV) division to act independently from the legacy gas-engine business. Both divisions will remain in-house, but have separate leadership and names, as well as separate financials.

S&P 500 MOVERS
TOP
EPAM 17.551%
LVS  10.422%
PARA 10.369%
HPE 9.961%
WYNN 9.187%
BOTTOM
ENPH 3.96%
CHTR 3.941%
SEDG 3.228%
XRAY 3.035%
TWTR 1.969%

Quote of the Day
This dramatic dislocation is due to a flight to safety where U.S. production is viewed as more reliable than other global sources. However, it is unlikely to persist after the Ukraine situation stabilizes.
- Jay Hatfield, founder and CEO of Infrastructure Capital Advisors, on the reason why oil spiked to over $100 per barrel in the US this week, a level last seen more than seven years ago, and why the price will likely trend down when geopolitical tensions end.

Sponsored Content
5 step process to never run out of money during retirement
Imagine if you had a check sent to you every month that covers your food, phone bill, internet, and travel expenses… The best part… you get this check without having to work! This is all possible using dividend stocks.

Click here to get our massive list of 119 of the best high-yield stocks to buy.


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

Elon Musk Leak To Spark New Crypto Rally?

Elon Musk Did Not Want Public To See This ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ...