Friday, October 7, 2022

🎤The World’s Central Banker Has Spoken -- And It’s Not the Fed

Good morning. Governments can print money, but they can't print food. Or energy. That's the take...
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. Governments can print money, but they can't print food. Or energy. That's the takeaway from the latest moves by OPEC+ to keep energy prices high. The cartel is cutting production by 2 million barrels per day.

While oil prices have been trending down with a slowdown in the economy over the past few months, OPEC has shown that they're the true world central bank. By controlling the supply of energy on the market, they can do just as much as the rest of the world in hiking interest rates.

That bodes poorly for most stocks outside the energy space. As long as there's a push to keep interest rates rising and energy prices rising at the same time, most sectors will see a slowdown in demand. Traders need to continue to remain cautious, even with the market's rally this week. There could be further – and quick – drops ahead for stocks.

Now here's the rest of the news:

Sponsored Content
Dominate the Volatile Election Season with A.I.
Hey Trader,

Election season is among us, and for traders like you that means another year of trying to figure out what impact politics will have on the financial markets.

Few investors disagree on the fact that there is a direct effect, but as with everything that relates to politics, there is much debate on what that effect will be.

Politicians, especially at the national level, have the scary ability to make policy decisions that could decide the future of entire industries.

But instead of waiting around the corner to learn who comes out on top, you can beat them to it by dominating the markets with simple artificial intelligence.

VantagePoint's A.I. has been calling the bullish runs and the bearish dives 1- 3 days in advance with incredible accuracy for decades, and the opportunity to see it in real-time only takes an hour.

No replays. Limited capacity. Less guessing. More Predicting.

SAVE YOUR SEAT HERE TO LEARN THIS SIMPLE PREDICTIVE ANALYSIS TOOL >>

MARKETS
DOW 29,926.94 -1.15%
S&P 3,744.52 -1.02%
NASDAQ 11,073.31 -0.68%
*As of market close
Markets closed lower on Thursday, ahead of today's jobs report.
Oil rose 1.4 percent, closing at $89.01 per barrel.
Gold traded flat, last going for about $1,722 per ounce.
Cryptocurrencies traded lower, with Bitcoin at $20,026 at the stock market close.

Today's TOP TIPS
Invest In Expanding Companies During Bear Markets
Many great companies are built during bear markets. The 1930s saw the rise of Disney (DIS). The 1970s saw the rise of tech companies like Microsoft (MSFT). And the Great Recession started the rise of firms like Airbnb (ABNB) and Uber (UBER).

Existing companies can find new opportunities too. Companies looking to expand while the economy look dire are looking beyond the current short-term fear to long-term opportunities. Investors should do the same.

» FULL STORY

Insider Trading Report: MillerKnoll (MLKN)
Andrea Owen, President and CEO at MillerKnoll (MLKN), recently picked up 60,606 shares. The buy increased her stake by 152 percent, and came to a total cost of just over $1.02 million.

This marks the first insider buy at the company since mid-2020, when a director picked up 50,000 shares in total. Otherwise, company insiders have been modest sellers of shares in the past three years.

» FULL STORY

Unusual Options Activity: Capital One Financial (COF)
Shares of credit service provider Capital One Financial (COF) are down about 40 percent in the past year. One trader sees further downside in the coming weeks.

That's based on the October 28 $90 puts. With 21 days until expiration, 20,715 contracts traded compared to a prior open interest of 395, for a 52-fold rise in volume on the trade. The buyer of the puts paid $1.70 to bet on a further drop in shares.

» FULL STORY

IN OTHER NEWS
Jobless Claims Rise Higher Than Expected

Americans filing for first-time unemployment claims rose to 219,000 last week. That's the highest level since late August, and came in above expectations for 203,000. It's also higher than the four-week average of 206,500. This could be a sign that the red-hot job market is starting to finally slow, although more data will be needed.
Hamptons Home Lists for Record $150 Million

An oceanfront mansion in Southampton has been listed for $150 million. If sold at the current price, it would be the highest ever. The property has more than four acres on two lots, with two homes, two pools, and a tennis court. The property has been on and off the market since 2016.
Peloton Announces Further Layoffs

Peloton (PTON) has announced its fourth round of layoffs this year. This round will eliminate 500 jobs. The move comes as the company looks to streamline operations and move away from the $100 million in losses last year. The layoffs will account for about 12 percent of staff, and leave the company with nearly 4,000 employees.
Twitter To Leave Fact-Checks Open for User to Review

Twitter (TWTR) is expanding its crowdsourced fact-checking program Birdwatch. The latest update will allow fact-checkers to leave notes on tweets that are visible to all users in the US. The update will not allow users to participate in Birdwatch directly, but will allow users to see how facts are clarified on the platform.
Crypto Exchanges Cut Fees

Amid the latest cryptocurrency bear market, exchanges are looking into cutting feeds to attract more market share from rivals. Big exchanges such as Coinbase (COIN) are going in, as well as exchanges that aren't publicly traded. The move is similar to declining fees on traditional investment brokerages in the past few decades.

S&P 500 MOVERS
TOP
OXY  4.193%
APA  3.727%
TTWO 3.453%
NOV 3.308%
CF 3.237%
BOTTOM
SEDG 5.573%
CCL 5.384%
CCI 5.193%
GNRC 5.037%
RSG  4.824%

Quote of the Day
Q3 earnings reporting is not too far away and it's definitely in the market psychology that the Q2 earnings season helped to stabilize the markets. There was a lot of pessimism in the market that it was able to rally pretty strongly from for a couple of months. Right now there's also this hope that the earnings season can stabilize the market and maybe come to the rescue again, the way that it did last quarter.
- Yung-Yu Ma, chief investment strategist for BMO Wealth Management, on how earnings season could lead to a more sustained move higher in the markets if the overall numbers come in better than expected.

Sponsored Content
This A.I. Surprises Traders of all Experience
Dear Trader,

Like an iceberg, there are millions of data points that never meet the eye.

That only A.I. can compute.

Why deep dive to do the heavy lifting yourself, when you can let the machines do the work?


Without A.I., all you get is historical information and lagging indicators…the old news.

Imagine being able to forecast trends 1 – 3 days in advance quickly with extreme accuracy, to know where the market is going →

Plus, instant identification to spot new trades in a click.

Our Pro Trader will reveal 4 A.I. scanned stock trends in real-time with this tool so Save Your Seat Here.

Remember to bring your own ticker symbols for us to forecast too, and we'll get to as many as time allows.


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

Watch me trade Wednesday's GDP report

Your chance to take advantage of overnight trading opportunities.                               Lance here! When the Q3 GDP report drop...