🐦More Market Pain Ahead as Inflation Soars and Wages Stagnate

Good morning. The latest inflation numbers showed a year-over-year decline. That's good. But the...

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 latest inflation numbers showed a year-over-year decline. That's good. But the monthly rate increased. Markets didn't like that part of the read. Even worse, thanks to the high inflation numbers as measured against wage growth, real wages have been shrinking for 18 months. Add in an economy that's already seen negative GDP growth for two quarters in a row – the definition of a recession in the past—and it's clear that the economy hasn't yet slowed enough for a pivot in the markets. We're still oversold in the short-term, so anything is possible. But the medium-term trend is still down, and likely will be until there's a stronger sense that inflation is under control and the Fed can lay off the hard braking it's been doing. Keep looking for opportunities on the short side. Now here's the rest of the news: Sponsored Content Buy Alert For $2 Coin The man who picked Bitcoin in 2014 when it was trading for just $369… picked Ethereum in 2016 when it was trading for just $7, AND even warned his followers of the 2020 crash. Now he believes a tiny $2 coin is set to SOAR! Maybe even as soon as this month. So if you missed Bitcoin and Ethereum... this could be your final chance at mind boggling crypto gains. Learn how to get in front of this massive opportunity. Click here now before it's too late. MARKETS DOW 30,038.72 +2.83% S&P 3,669.91 +2.60% NASDAQ 10,649.15 +2.23% *As of market close • Markets jumped higher on Thursday, strongly rebounding from a morning loss. • Oil rallied 2.1 percent, closing at $89.11 per barrel. • Gold dropped 0.4 percent, last going for about $1,671 per ounce. • Cryptocurrencies rallied, with Bitcoin at $19,363 at the stock market close. Today's TOP TIPS Stick With Stocks That Have Inflation-Fighting Power It's become clear that last year's rise in inflation hasn't moderated yet. It may continue for some time. That can impact the economy in a number of ways. For investors, the biggest is how a company's expenses can rise and profit margins can fall. In this environment, companies that can increase their prices to cover higher input costs can maintain their profit margins and fare well here. That may mean falling less than other stocks, or even seeing shares move higher in a bear market like today's. » FULL STORY Insider Trading Report: Dave & Buster's Entertainment (PLAY) Michael Quartieri, CFO at Dave & Buster's Entertainment (PLAY), recently increased his holdings by 5,000 shares. The buy increased his total ownership by nearly 14 percent, and came to a total cost of $158,650. This marks the first insider activity since the company CEO bought 33,400 shares back in July. And going further back, insider buys have exceeded insider sales this year. Going back further, insiders were only sellers in 2020 and 2021. » FULL STORY Unusual Options Activity: Bank of America (BAC) Shares of financial giant Bank of America (BAC) have lost nearly one-third of their value in the past year amid a slowing economy and rising interest rates. One trader sees a rebound in the weeks ahead. That's based on the November 25 $32 calls. With 42 days until expiration, 5,841 contracts traded compared to a prior open interest of 106, for a 55-fold rise in volume on the trade. The buyer of the calls paid $0.99 to make the bullish bet. » FULL STORY IN OTHER NEWS • Inflation Rose 0.4 Percent in September The latest consumer price index data shows that overall prices rose 0.4 percent in September compared to August. That's double expectations for a 0.2 percent rise. On an annual basis, inflation slowed to 8.2 percent from 8.3 percent. However, core CPI showed a 6.6 increase compared to a year ago. • Social Security to See Biggest Jump In 40 Years The Social Security Administration has announced an 8.7 percent cost-of-living adjustment for benefits. That's the highest rise in four decades. The increase will raise the average benefit of $1,656 by a further $144.10. The increase will start next January, going out to 51 million collecting retirement benefits. • Mortgage Rates Top 6.9 Percent 30-year, fixed-rate mortgages in the US hit 6.92 percent this week. That's a 20-year high. It's now also more than double the rate at this time last year, which came in at 3.05 percent. Rising mortgage rates increase the cost to borrowing a home, which should lead to downward pressure on home sales and prices. • Pound Stabilizes on Potential Changes to Tax Cuts The British Pound has jumped higher relative to the US dollar. The move has been a result of a proposal to scale back a package of tax cuts, which helped the currency slide to a multi-decade low. Additionally, the Bank of England's intervention in the bond market has cooled speculation there, with long-term gilts down to 4.41 percent. • Google Play Store Adds Truth Social Google's (GOOG) Play Store app is adding Truth Social, the network owned by former President Trump. The app was initially blocked on the platform, citing rule violations in a number of posts on the platform. Truth Social has agreed to enforce content policies, including those that may incite violence. S&P 500 MOVERS TOP DPZ 10.686% KEY 6.96% WBD 6.624% BIIB 6.522% RF 6.428% BOTTOM ETSY 9.387% MTCH 4.705% JD 2.672% CCL 2.668% GNRC  2.627% Quote of the Day Prices remain elevated so it shouldn't be a surprise to see producer goods and services rise. Keep in mind the increase is still below what we were seeing consistently month after month earlier this year. No doubt the Fed still has its work cut out for them… don't be surprised to see some investors come to grips with how long the road to tamer inflation may be. - Mike Loewengart, of Morgan Stanley Global Investment Office, on why investors still may not have fully priced in how high the Fed will raise interest rates and for how long. Sponsored Content Buy Alert For $2 Coin The man who picked Bitcoin in 2014 when it was trading for just $369… picked Ethereum in 2016 when it was trading for just $7, AND even warned his followers of the 2020 crash. Now he believes a tiny $2 coin is set to SOAR! Maybe even as soon as this month. So if you missed Bitcoin and Ethereum... this could be your final chance at mind boggling crypto gains. Learn how to get in front of this massive opportunity. Click here now before it's too late. 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 Subscriptions | report SPAM