♟ 3 Stocks Hurt by the Dollar's Strength

U.S. companies that sell overseas are going to be big losers thanks to the strong dollar. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Editor's Note: In September, the major market averages experienced their biggest one-month drop in over 20 years. It was a bloodbath. Everywhere you looked, you saw losses. Big losses. Everywhere except The War Room, that is. In September, we hit winners on 29 out of 34 total trades. That's a remarkable 85.29% win rate - all while most buy-and-hold investors were getting their faces ripped off. My friends, this is why it's time for you to "level up." No matter whether the markets bounce, continue to crater or even flatline (not likely), you need guidance to get you through with profits in hand - and that's exactly what Karim and I deliver. To start your journey with us, I invite you to review Karim's urgent message, titled "America's Reckoning." In it, he explains why you should move into a key $3 asset before October 7. Timing Is Critical, so I Urge You to Check It Out Now "These three companies - which generate a majority of their sales overseas - could soon lose earnings power. Here's the hit list." Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Today, we're going to discuss three casualties of the strong U.S. dollar. You've surely heard about the strength of the dollar. The downside is that a strong dollar erodes overseas revenue for U.S. companies with major international divisions. Why? Well, if you're a company that is getting paid primarily in foreign currencies, those currencies are now weaker compared with the strong dollar - which negatively impacts your earnings potential. For instance, say you're getting paid for your products in a foreign currency. You sell a widget overseas that cost you $5 to make for $10 worth of a foreign currency. That's a great profit margin, right? Not so fast. When you go to convert what was originally $10 in foreign currency into U.S. dollars a couple of months later, you may get back only $7 or $8. In other words, when you convert a weaker foreign currency into stronger U.S. dollars, you'll get fewer dollars back - which reduces your sales numbers. This situation is great for travel companies such as Delta Air Lines (NYSE: DAL), United Airlines (Nasdaq: UAL) and American Airlines (Nasdaq: AAL) - which stand to benefit from Americans wanting to travel more. They can use their strong dollars to get more buying power overseas. MASSIVE Sales Record 🚀🚀🚀 One company just set another massive sales record. The company brings in more revenue than Netflix or Tesla... yet it trades at a fraction of the price. And there's a very unusual reason. See for yourself here. However, companies that are generating most of their sales overseas will not be making as much money. I've got three such companies in mind that could soon lose earnings power. Here's the hit list… Philip Morris International (NYSE: PM) - Nearly all of its sales come from overseas, dramatically exposing the company to the dollar's strength. Mondelez International (Nasdaq: MDLZ) - 75% of its sales come from overseas. Lam Research (Nasdaq: LRCX) - 90% of its sales come from abroad. YOUR ACTION PLAN Until the dollar declines, you can expect all three companies to report weaker earnings - and blame it on the dollar's strength. For the near term, shorting any rallies in Philip Morris, Mondelez or Lam Research is in play. Strange Space Device Next Medical Miracle? Used on board SpaceX Dragon, one device could change medicine forever... And give early investors a chance at life-changing gains! See the Shocking Device - Click Here Now MONDAY MARKET MINUTE The Storm Isn't Over. Hurricane Ian caused a lot of underlying damage. This could be a boon for shares of companies like La-Z-Boy, Ethan Allen, Beacon Roofing Supply, Whirlpool, etc. There's going to be a lot of "extra" repair and replacement demand coming down the pike. Any slowdown from the housing market just disappeared for roofers and other home repair contractors. Tracking. Is the Cloud Dip Worth Buying? What's one tech sector that's worth buying on the dip? Perhaps it's cloud stocks. With major players such as Amazon, Google and Microsoft reliant on cloud technology, buying the dip is on our radar. Blue Apron Disappoints. Blue Apron (NYSE: APRN) was down 21% in premarket trading after entering an equity distribution agreement with Canaccord Genuity and providing third quarter guidance that came in below analyst expectations. INSIGHTS YOU MAY HAVE MISSED I Got the Cheese for Your Portfolio Two Mouth-Watering Trade Ideas Amid the Panic Get This Stock While It's on Sale! The Difference Between Options and Stocks Follow Us on Instagram! 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