Thursday, January 19, 2023

🎯Don’t Bet on This Bullish Event Yet

Good morning. St. Louis Fed President Jim Bullard has been stating for weeks that the Fed's...
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. St. Louis Fed President Jim Bullard has been stating for weeks that the Fed's policy is nearing restrictive territory. That's banker-speak for the notion that interest rates are nearing their high for the cycle. But rates aren't done rising yet. And it may be some time before a "pivot" to lower rates.

The market rally of the past few weeks is getting long in the tooth. Traders may have gotten too bullish thanks to speeches like these. However, another leg down will offer opportunities to profit on the short side, and create buying opportunities for longer-term holdings. After last year's market moves, the setup should be familiar by now.

Now here's the rest of the news:

Sponsored Content
Where Are the Markets Going?
Trading is a visual science just as much as an economic skill, so the best way to learn a new trading tool is to see it working in real-time.

Now you can look at charts, and see what stocks are on the rise, and what trades you should probably exit…before it's too late with artificial intelligence.

Save a Seat for This Free A.I. Live Market Training >

MARKETS
DOW 33,296.63 -1.81%
S&P 3,928.75 -1.56%
NASDAQ 10,957.01 -1.24%
*As of market close
Markets traded lower on Wednesday, following a decline in retail sales.
Oil dipped 1.2 percent, closing at $79.19 per barrel.
Gold slid 0.2 percent, going for $1,906 per ounce.
Cryptocurrencies trended lower, with Bitcoin at $20,749 at the market close.

Today's TOP TIPS
Target Cyclical Companies When They're Most Out of Favor
Some traders look for pure growth. Or pure value. Others may look for companies capable of big swings, depending on where they are in their industry cycle. Those looking to target cyclical companies need to start buying when things look down and out, not when things are going well.

By buying at the low point of the cycle, traders and investors alike can catch big swings in traditionally more stodgy companies – and even beat the market doing so.

» FULL STORY

Insider Trading Report: Akamai Technologies (AKAM)
Thomson Leighton, CEO at Akamai Technologies (AKAM), recently added 282 shares. The buy increased the CEO's holdings by less than 1 percent, and came to a total price just over $25,000. The buy comes a week after the CEO bought 850 shares, paying just over $75,000 to do so.

This follows on a pattern of buys going back to December. Over the past year, company insiders have largely been sellers of shares, including both officers and directors.

» FULL STORY

Unusual Options Activity: PulteGroup (PHM)
Shares of residential construction company PulteGroup (PHM) are down 7 percent over the past year, about half as much as the S&P 500. One trader sees a further drop ahead for shares.

That's based on the April $50 puts. With 91 days until expiration, 8,437 contracts traded compared to a prior open interest of 182, for a 46-fold rise in volume on the trade. The buyer of the puts paid $2.78 to make the downside bet.

» FULL STORY

IN OTHER NEWS
Producer Price Inflation Drops More than Expected

In the latest sign that inflation is slowing, producer price inflation dropped to a 6.2 percent year-over-year increase in December. That's a 0.9 percent drop compared to November's 7.3 percent read. The data also came in well under expectations for a 0.5 percent drop.
Holiday Sales Come in Under Expectations

Holiday sales hit $936.3 billion for November and December, a year-over-year increase of 5.3 percent. That came in well under expectations for a 6-8 percent increase. And the data does not adjust for inflation, as higher prices can mean fewer total sales overall. The data suggests consumers will slow down in 2023.
China's Population Declines for The First Time in 6 Decades

China reported that its population fell to 1.411 billion, down 850,000 compared to the previous year. That's the first decline since 1961, during a famine period. Demographic experts see the population trending down, and the country's birth rate continues to decline.
Microsoft Announces 10,000 Job Cuts

Tech conglomerate Microsoft (MSFT) has announced that it will cut 10,000 jobs, or about 5 percent of its workforce. Microsoft has had some smaller layoffs in the last year, but this is the largest decline so far. The layoffs will run through the third quarter of the year, and will also allow the company to consolidate office spaces.
Party City Files for Bankruptcy

Retailer Party City (PRTY) has filed for chapter 11 bankruptcy. The company is looking to pare down its debt load, and has struck an agreement with a group that holds the majority of its first lien notes to restructure the company's balance sheet.

S&P 500 MOVERS
TOP
JBHT  4.64%
MRNA  3.409%
STX 3.159%
POOL 2.18%
QCOM 1.775%
BOTTOM
KHC 5.693%
PNC 5.314%
KMX 5.234%
UAL 4.746%
ZION 4.689%

Quote of the Day
The rally this year has been led by low quality and heavily shorted stocks. However, it's also witnessed a strong move in cyclical stocks relative to defensive ones. This move in particular is convincing investors they are missing something and must re-position. Truth be told, it has been a powerful shift, but we also recognize bear markets have a way of fooling everyone before they're done. We're not biting on this particular head fake/bear market rally because our work and process is so convincingly bearish, and we trust it.
- Mike Wilson, chief U.S. equity strategist at Morgan Stanley, on why the market's latest rally higher may be part of a broader bear market, and why investors should be cautious as the year unfolds.

Sponsored Content
Your Market Crash Shield is Artificial Intelligence
Have you ever heard if you are having issues in your trading, it could be that it's not you - it really is the market?

Well, you're in control.

You can sit on the sideline when it feels right, or better yet anticipate massive trend reversals with A.I. 📈

You've got to see it live to understand it.

Watch & Learn The A.I. Live in This Free Market Training

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

22 spring outfit ideas to fight fashion-decision fatigue

Your Horoscope For The Week Of May 13 VIEW IN BROWSER ...