😶Why the One Bullish Sector of 2023 Will Keep Trending Higher

Good morning. While oil prices have been trending up in recent days, they're still well below 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. While oil prices have been trending up in recent days, they're still well below the peaks set in March, when Russia first invaded Ukraine. Overall, crude oil is up over 15 percent in the past year. Yet energy stocks in general have fared far better, with the XLE, an energy-sector-focused ETF, up over 60 percent year-to-date. The reason? High oil prices overall have led to a massive level of profits for corporate America. ExxonMobil (XOM) saw shares hit new 52-week highs as the company reported record profits last week. While some in Washington are talking about a "windfall" tax on oil, it's best to remember that these companies face wildly fluctuating prices for the goods that they produce and explore for. And that energy remains crucial for our needs, which is why prices are likely to continue remaining strong from here. Traders should continue to take a bullish view on the energy space. Investors can be too, given the large number of dividend paying companies offering decent yields here. Now here's the rest of the news: Sponsored Content 2 Stocks Paying Dividends Every Week I've been studying two new stocks carefully and they've both been paying dividends every week — regular as clockwork. One's more aggressive and pays a nickel per share every Friday. The second is expected to yield 3% - 4% in the first year. And it also pays every Thursday. We can use these two new ETFs to pay for our groceries, gas or restaurant bills. Or, reinvest the dividends and quickly snowball our nest eggs to help meet our retirement goals. Today, I want to share this information with you, absolutely free. Click here for details. MARKETS DOW 32,653.20 -0.24% S&P 3,856.10 -0.41% NASDAQ 10,890.85 -0.89% *As of market close • Stocks moved lower on Tuesday, ahead of today's Fed announcement. • Oil rallied 2.0 percent, closing at $88.25 per barrel. • Gold rose 0.6 percent, last going for about $1,651 per ounce. • Cryptocurrencies traded flat, with Bitcoin at $20,447 at the stock market close. Today's TOP TIPS Stick With Companies Growing Their Future Opportunities in Pessimistic Markets Markets go up more often than they go down. But investors often forget when in the middle of a bear market. One way to break through the fear is to look at companies that are planning for a bright future now. At a time when many firms are scaling back, those looking forward are likely to best capitalize on the long-term return to rising markets and a booming economy. » FULL STORY Insider Trading Report: Beacon Roofing Supply (BECN) CD&R Investment Associates, a major holder of Beacon Roofing Supply (BECN), recently added another 105,320 shares. The buy increased the fund's stake by 0.7 percent, and came to a total cost of just over $6 million. Over the past three years, there's been a mix of insider buys and sells. Insider sales are slightly higher overall, thanks to some large sales in early 2021. More recently, insider activity has been evenly mixed. » FULL STORY Unusual Options Activity: Daqo New Energy Corp (DQ) Shares of Chinese semiconductor company Daqo New Energy Corp (DQ) are down nearly 40 percent in the past year. One trader sees a potential rebound ahead. That's based on the December 16th $50 calls. With 44 days until expiration, 2,849 contracts traded compared to a prior open interest of 113, for a 25-fold rise in volume on the trade. The buyer of the calls paid $2.28 to get in. » FULL STORY IN OTHER NEWS • Halloween Indicator Suggests Market Rally Ahead The strongest seasonal period for stocks has begun. Research shows that nearly 3,000 percent returns have occurred on the S&P 500 between November and April going back to 1961. May through October result in just a 14 percent return. This Halloween Indicator suggests that markets are likely to move higher in the months ahead. • Eurozone Inflation Hits 10.7 Percent Inflation for the Eurozone has topped 10.7 percent, a new record high. That adds to further rises in inflation over the past year, as energy supplies remain in flux ahead of the winter season. Meanwhile, the European Central Bank is still likely to raise rates, but has hinted at a slowdown in the pace of future rate increases. • Homebuilders See Bigger Downturn Ahead Homebuilders expect 2023 to have an even sharper downturn in the market. The news comes as building permits have dropped 17 percent over the past year, and as housing starts have declined 19 percent year-over-year. • Musk Disbands Board of Directors Twitter owner Elon Musk has disbanded the company's board of directors, a move that was somewhat expected. That's on top of other moves since taking ownership of the social media platform on Friday. Rumors still abound that 25 percent of the staff may see a layoff notice in the coming weeks. • Netflix Acquires Spry Fox in Gaming Move Streaming giant Netflix (NFLX) has acquired Spry Fox, a gaming studio focusing on cozy games. This is the sixth gaming studio brought in-house by the company. Terms for the deal were not disclosed, but the company expects to increase creative development of the popular genre. S&P 500 MOVERS TOP ABMD  49.935% IDXX  9.793% HOLX 8.827% IT 7.717% WYNN 6.103% BOTTOM CTLT 24.19% ZBRA 15.059% ECL 8.888% INTU 7.439% SEE 6.279% Quote of the Day Wednesday's message will be crucial for market expectations going forward. With the question and answer segment for the presser, Chairman Powell will have to finesse his answers as if he were walking a monetary tightrope. - Quincy Krosby, LPL Financial analyst, on why investors should expect some market volatility after today's Fed meeting, even if rates rise 0.75 percent as expected. Sponsored Content 2 Stocks Paying Dividends Every Week I've been studying two new stocks carefully and they've both been paying dividends every week — regular as clockwork. One's more aggressive and pays a nickel per share every Friday. The second is expected to yield 3% - 4% in the first year. And it also pays every Thursday. We can use these two new ETFs to pay for our groceries, gas or restaurant bills. Or, reinvest the dividends and quickly snowball our nest eggs to help meet our retirement goals. Today, I want to share this information with you, absolutely free. Click here for details. 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