Wednesday, May 4, 2022

⏫Why this Oversold Sector Could Move Higher⏫

Good morning. The market selloff has been brutal for tech stocks, but that's the case in any sell...
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 market selloff has been brutal for tech stocks, but that's the case in any selloff. Right now, one of the more interesting sectors is retail. The space as a whole now trades at a PE ratio of about 15, compared to 27 just a year ago. It's the cheapest level for this sector since 2014.

There are good arguments for or against an investment now. Rising retail theft, particularly in places where low-level theft isn't being prosecuted, is heavily cutting into retailer's margins. And many consumers are cutting back on spending as prices rise.

That said, once the latest inflation fears start to fade, likely later in the year should year-over-year inflation levels start to decline, this sector could be poised for a takeoff toward its historic valuation of the past few years.

Now here's the rest of the news:

Sponsored Content
[Video] This 60-Second Technique Produces Instant Cash EVERY Time

This Infinite Income Loop Hands Me Instant Cash Every Month. I'm Keith Kaplan and since 2004, I've been building software with a single goal in mind: make money. Now I've applied my engineering skills to a specific corner of the stock market … where you could potentially generate instant cash every time you trade.

This is my proudest creation. A "done-for-you system" that can let you pull instant cash out of three stocks every month. I've even filmed a short video for folks who are interested in learning how this trade works.

Click Here to watch My Infinite Income Loop


MARKETS
DOW 33,128.79 +0.20%
S&P 4,175.48 +0.48%
NASDAQ 12,563.76 +0.22%
*As of market close
Stocks closed higher on Tuesday, as traders positioned themselves for today's Fed meeting.
Oil dropped 2.2 percent, closing at $102.90 per barrel.
Gold rose 0.2 percent, ending at $1,867 per ounce.
Cryptocurrencies generally dropped, with Bitcoin at $37,692 at the stock market close.

Today's TOP TIPS
For Complex Companies, Break It Down into Parts to Find Potential Bargains Now
Many companies offer just one product or service. Some of today's large companies, however, offer many services and products (or even both). That's especially true in the tech space, where rapid changes result in continued ongoing sales and support.

Some of these companies have a number of businesses that could be broken out into separate parts. And right now, this "sum of the parts" analysis is starting to show that it may be time to start dipping a toe into some tech giants.

» FULL STORY

Insider Trading Report: Western Alliance Bancorp (WAL)
Kelly Ardrey, Chief Accounting Officer at Western Alliance Bancorp (WAL), recently picked up 3,000 shares. The buy increased her stake by 97 percent, and came to a total purchase price just over $236,000.

This is the first buy at the company since early March, when the CFO picked up 2,000 shares, and the Executive Chairman bought 25,000 shares at a cost of just over $1.9 million.

» FULL STORY

Unusual Options Activity: Comcast Corporation (CMCSA)
Shares of cable provider Comcast Corporation (CMCSA) hit a 52-week low on Monday before turning higher. But one trader is betting that the stock will continue to decline in the months ahead.

That's based on the October $30 puts. With 170 days left, 16,266 contracts traded compared to a prior open interest of 894, for an 18-fold rise in volume on the trade. The buyer of the puts paid $0.93 to enter the trade.

» FULL STORY

IN OTHER NEWS
Shanghai Eases Lockdown Restrictions

The Chinese port city of Shanghai is easing up on recent Covid restrictions. At present, over 2,000 companies in the area are now moving back into production, however, workers are required to live on site and undergo weekly testing. The move comes as global cargo shipping has backed up outside the city and supply chains remain snarled.
4.5 Million Americans Quit their Jobs in March

The US labor market set another record for job quits in March, as 4.5 million Americans left their jobs. The overall quit rate hit 3 percent, a level last seen in December. The number of workers quitting jobs is on the rise as companies are requiring a return to in-person work in offices.
Paul Tudor Jones Warns on Financial Conditions

Billionaire investor Paul Tudor Jones has stated that he, "can't think of a worse environment than where we are right now for financial assets." That's due to the Fed raising interest rates as the economy has shown signs of contracting – a combination that bodes poorly for both stocks and bonds right now
BP Sees $25.5 Billion Drop from Exiting the Russian Market

Oil major BP (BP) reported a loss in the first quarter, even in spite of rising energy prices. The company's extensive Russian operations have led the company to report a $25.5 billion loss. BP's partial stake in Russian oil producer Rosneft is one of the biggest reasons for the hit, accounting for $13.5 billion in value.
Sila Group Buys Factory for Battery Production in the US

Battery technology company Sila is buying a 600,000 square foot facility in Moses Lake, Washington. The company expects to have partial production at the site by 2024, and be fully underway by 2025. The company's batteries are expected to be in hundreds of thousands of electric vehicles by 2026.

S&P 500 MOVERS
TOP
WDC 14.633%
MPWR 10.895%
CTLT 10.486%
DVN 9.392%
CTRA 9.25%
BOTTOM
ROK 14.664%
EXPE 13.947%
FMC 6.253%
EL 5.867%
LYV 4.97%

Quote of the Day
With financial conditionings tightening as they are, we think the Fed is going to be slightly more dovish than the market is expecting.
- Eric Johnston, head of equity derivatives at Cantor Fitzgerald, noting that the market has gotten oversold and now isn't pricing in a more accommodating Federal Reserve policy in light of economic data showing a slowdown.

Sponsored Content
[Video] This 60-Second Technique Produces Instant Cash EVERY Time

This Infinite Income Loop Hands Me Instant Cash Every Month. I'm Keith Kaplan and since 2004, I've been building software with a single goal in mind: make money. Now I've applied my engineering skills to a specific corner of the stock market … where you could potentially generate instant cash every time you trade.

This is my proudest creation. A "done-for-you system" that can let you pull instant cash out of three stocks every month. I've even filmed a short video for folks who are interested in learning how this trade works.

Click Here to watch My Infinite Income Loop


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

A changing climate for clean energy

Presented by Johnson & Johnson: Kelly Garrity's must-read rundown of what's up on Beacon Hill and beyond...