Tuesday, May 24, 2022

😥$20 Trillion Down, $9 Trillion to Go?😥

Good morning. With the S&P 500 flirting with a bear market and the Nasdaq down nearly 30 percent...
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. With the S&P 500 flirting with a bear market and the Nasdaq down nearly 30 percent since the start of the year, over $20 trillion in household wealth has been lost so far. According to estimates from JPMorgan Chase, however, there could be another $5-9 trillion to go by year-end.

With the housing market just now starting to show signs of slowing down after a record two-year run, it's possible that number could be even further, as home value tends to be one of the largest sources of household wealth. With household wealth being a higher percentage of net worth for the middle and lower classes than the ultra-rich, who tend to have a higher allocation to stocks and bonds, investors may not want to get too bullish on stocks, even after days when the market rallies.

Now here's the rest of the news:

Sponsored Content
Pizza automation is here. Invest while you can.
Pizza purists: you've got bigger concerns than pineapple.

Most pizzerias struggle with low margins, and automation has the potential to more than double those.

That kicks the door open for robots to take over the $54 billion U.S. pizza market.

Piestro's 40-square-foot pizzerias can cook up an artisanal pie in less than 3 minutes.

They make a faster pizza without sacrificing quality. And these pods can squeeze into high-traffic commercial spaces–think shopping malls, stadiums, office buildings, and beyond.

That's a win-win for everyone in the pizza world and probably why Piestro has locked in $580 million in pre-orders.

This is only the beginning.

Get your slice of Piestro before things really get rolling.


MARKETS
DOW 31,880.24 +1.98%
S&P 3,973.75 +1.86%
NASDAQ 11,535.27 +1.59%
*As of market close
Stocks rallied higher on Friday, following a seven-week losing streak.
Oil traded flat, closing at $110.34 per barrel.
Gold rose 0.6 percent, ending at $1,853 per ounce.
Cryptocurrencies slightly dropped, with Bitcoin at $29,165 at the stock market close.

Today's TOP TIPS
Pick Up Companies Increasing Market Share Now
When the economy contracts, consumers shift their spending habits. This can result in a number of companies losing market share – while a few gain. That can be seen across a number of industries.

Based on the earnings data so far, one prospective place for strong returns going forward could come from discount retailers. These companies have been hit like other stocks right now, but going forward could see strong sales and rising market share.

» FULL STORY

Insider Trading Report: Camping World Holdings (CWH)
Kent Schickli, a director at Camping World Holdings (CWH), recently added 10,000 shares. The buy increased his holdings by 15 percent, and came to a total purchase price of $284,000.

This marks the first insider buy of the year. Over the past three years, insider buying has been mixed, with large amounts of insider buying in 2019 and 2020, and less insider activity overall in the past year.

» FULL STORY

Unusual Options Activity: Bloomin' Brands (BLMN)
Shares of restaurant chain Bloomin' Brands (BLMN) have shed nearly one-third of their value in the past year. However, one trader sees the possibility for a rebound in the second half of the year.

That's based on the January 2023 $15 calls. With 241 days until expiration, 10,000 contracts traded compared to a prior open interest of 23, for a 43-fold rise in volume on the trade. The buyer of the calls paid $5.80 to get in.

» FULL STORY

IN OTHER NEWS
US Unveils Asian Economic Deal

The US has announced the Indo-Pacific Economic Framework. Partners include Australia, Japan, and South Korea. The plan is designed to expand economic leadership in the region by the US as a counterbalance to China. The framework is not a full free trade agreement, but one that could still improve economic ties to the region.
White House Explores Tapping Diesel Reserves

The White House is considering tapping into a stockpile of diesel fuel reserves. That would mark the first time that the stockpile has been drawn down, in contrast to oil and gasoline reserves. The move is coming as a supply crunch has kept diesel prices at their highest levels in history.
Average Vehicle Age on US Roads Hits Record High

Amid a shortage of new cars and higher costs for replacements, US consumers are holding on to their existing cars longer. The average age of vehicles on roadways has not hit a record high of 12.2 years. According to industry data, this is the fifth year in a row to see an increase in the average vehicle age.
Starbucks to Shut Down Russian Operations

Starbucks (SBUX) has announced that it's suspending business activity in Russia. The company has 130 licensed cafes in the country, and has operated there for 15 years. The company is stopping shipments of products, adding to the growing list of companies taking their business out of Russia following its invasion of Ukraine.
Didi Finishes Delisting Process

Chinese ride-sharing company Didi has voted to delist itself from the New York Stock Exchange. The move was widely expected, given the company's rushed IPO in the middle of 2021, as the company's regulatory filings and issues with the Chinese government were coming to light.

S&P 500 MOVERS
TOP
ROST  9.336%
DE  6.636%
SLB 6.591%
TTWO 6.209%
C 6.132%
BOTTOM
ADSK 4.692%
CZR 4.211%
AVGO 4.072%
ETSY 3.919%
QRVO 3.075%

Quote of the Day
This… decline felt as if the market was starting to recognize that earnings growth and S&P 500 profitability may be in jeopardy as inflation will continue to be higher throughout the year.
- David Wagner, portfolio manager at Aptus Capital Advisors, on why the market may continue to move lower as expectations for the economy likewise decline as more data comes in.

Sponsored Content
Pizza automation is here. Invest while you can.
Pizza purists: you've got bigger concerns than pineapple.

Most pizzerias struggle with low margins, and automation has the potential to more than double those.

That kicks the door open for robots to take over the $54 billion U.S. pizza market.

Piestro's 40-square-foot pizzerias can cook up an artisanal pie in less than 3 minutes.

They make a faster pizza without sacrificing quality. And these pods can squeeze into high-traffic commercial spaces–think shopping malls, stadiums, office buildings, and beyond.

That's a win-win for everyone in the pizza world and probably why Piestro has locked in $580 million in pre-orders.

This is only the beginning.

Get your slice of Piestro before things really get rolling.


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

Your Weekly Recommended Reads

Powered by AI, personalised for you Catch up on key news and analysis from the week gone by with The Business of Fashion's My...