Monday, December 5, 2022

🙃Have You Seen These 2.7 Million Workers?

Good morning. We're going to need a lot of milk cartons. While the latest jobs report on Friday...
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. We're going to need a lot of milk cartons. While the latest jobs report on Friday reported a great headline number, with unemployment still at 3.7 percent, there's only increasing trouble behind the headlines. First, there's been massive growth in part-time jobs. But full-time job openings have plummeted.

And there's a growing divergence between the government's Household and Establishment surveys… now reaching a gap of 2.7 million workers. With the massive number of layoffs in big tech in recent weeks, it's possible that the most recent jobs numbers are based not just on real jobs, but on jobs entered onto some government spreadsheet.

In any event, caution is still the name of the game. Layoffs are rising. Interest rates are still going up. And the economy is still growing slowly. So don't expect a new bull market, and look for some downside trades that can profit from another swing lower in the market.

Now here's the rest of the news:

Sponsored Content
Receive Free A.I. Scanned Stock Alerts!
They may not be in the headlines, and no market guru is sending them to your inbox.

So, where…?

A.I. is bringing them straight to your mobile phone once a week via TraderGPS, a brand-new platform for traders of all experience to instantly learn the top 3 bullish and bearish trends on stocks!

Send me The Free A.I. Scanned Stock Alerts >

MARKETS
DOW 34,429.88 +0.10%
S&P 4,071.70 -0.12%
NASDAQ 11,463.78 -0.18%
*As of market close
Stocks traded mixed on Friday, following the latest jobs report.
Oil dropped 1.2 percent, closing at $80.23 per barrel.
Gold dipped 0.1 percent, hitting $1,813 per ounce.
Cryptocurrencies traded mixed, with Bitcoin last going for $17,017 at the stock market close.

Today's TOP TIPS
This Proven Strategy Will Keep Investors in the Game For 2023
Some traders are betting the worst is over for markets. That's based on the view that the Fed will start tapering its interest rate hikes. But as long as interest rates are being hiked, they'll continue to weigh on stocks.

For investors who don't want to get whipsawed while this plays out, there are a number of investment strategies to focus on instead. The simplest and arguably best is simply to buy and hold dividend-paying stocks in industry-leading companies.

» FULL STORY

Insider Trading Report: The Howard Hughes Corporation (HHC)
Pershing Square Capital Management, a major holder at The Howard Hughes Company (HHC), recently added another 1,560,205 shares. The buy increased the fund's stake by just over $109 million, an increase of 11 percent.

The fund was also the last buyer of shares, picking up about 150,000 shares back in September 2021. Back then, they paid about $13.8 million for a position that's now down nearly 20 percent. Other company insiders have been fairly quiet this year.

» FULL STORY

Unusual Options Activity: AGNC Investment Corp (AGNC)
Shares of mortgage REIT AGNC Investment Corp (AGNC) have slid 35 percent over the past year. One trader sees a further decline in the months ahead.

That's based on the June 2023 $7.00 put. With 192 days until expiration, 32,159 contracts traded compared to a prior open interest of 358, for a 90-fold rise in volume on the trade. The buyer of the puts paid $0.26 to make the bet.

» FULL STORY

IN OTHER NEWS
Jobs Growth Higher Than Expected for November

The latest Labor Department data shows that the economy added 263,000 jobs in November. That number came in higher than economic expectations. The data also shows that wages continue to rise as well, a sign that the labor market remains strong. The unemployment rate has held steady at 3.7 percent.
DOJ Looks for Independent Probe into FTX Bankruptcy

The US Department of Justice is looking to create an independent review into the bankruptcy of cryptocurrency brokerage firm FTX. An independent examiner would be able to investigate and collect evidence on the company's activities before its implosion last month.
Chinese Solar Manufacturers Dodged US Tariffs

A probe conducted by the US Commerce Department has determined that four Chinese manufacturers of solar-cells worked to circumvent tariffs by routing their operations elsewhere in Asia first. The results of the probe are likely to further set back Chinese imports, which may lead to a cutback in solar projects given the lack of alternative suppliers.
Tesla Delivers First Electric Semi Trucks

Tesla Motors (TSLA) has made deliveries on the first of its Semi trucks to customers. The delivery has occurred five years after the first prototype was shown, and three years after production was first scheduled to begin. The trucks have a range of 500 miles between charges.
Stripe Adds Crypto Onramp Feature

Privately-held payment systems company Stripe has added a feature that will make it easier for users to exchange fiat money into cryptocurrencies. The move should make it easier to use non-custodial wallets for payment purposes, and to acquire crypto without having to first work through a centralized crypto exchange.

S&P 500 MOVERS
TOP
ENPH  6.858%
JD  5.658%
BIDU 4.96%
SEDG 4.676%
NTES 4.366%
BOTTOM
PYPL 4.533%
ZM  3.577%
VLO 3.344%
ANET 3.241%
EQT 3.239%

Quote of the Day
The PCE numbers confirmed that it's a tale of two inflations. Service inflation continues to accelerate while goods prices are softening, particularly in pandemic hotbed areas like home furnishings and autos. Powell's comments yesterday reconfirmed that the Fed is intent on tackling service elements of inflation, which offered reassurance to investors and sent equity markets higher. If the Fed achieves its goal of a soft landing, the Santa Claus rally that's forming may evolve into a full-scale bull market in 2023.
- Peter Essele, head of portfolio management for Commonwealth Financial Network, on the latest inflation data showing that services inflation continues to remain high, even as overall consumer inflation has started to show a meaningful year-over-year decline.

Sponsored Content
Receive Unprecedented Artificial Intelligence Scanned Stocks!
End the year strong knowing that artificial intelligence scanned stock predictions are coming your way.

Who doesn't want to have the upper hand on future price movements to propel into the new year?

Brought to you by the pioneers behind the A.I. powered trading software VantagePoint, TraderGPS is the simplest way to get a pulse on 6 stocks to make the most confident trades every week.

Sign Up Free for TraderGPS >

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

'Tis the Season to Save

Take 30 - 80% Off Sitewide ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ...