Wednesday, January 11, 2023

😟This Bank Could Lead the Economy into Trouble

Good morning. In any financial crisis, there's usually a bank that got overleveraged and faced..
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. In any financial crisis, there's usually a bank that got overleveraged and faced bankruptcy. So, it's prudent to keep an eye on the banking system when markets are chaotic. One bank could be sounding a warning bell: The Swiss National Bank.

That's because this bank holds equities on its balance sheet beyond the usual central bank holdings of government bonds and gold. Starting with $27 billion in 2014, it hit $177 billion at the end of the first quarter last year. However, last year's selloff in stocks and bonds suggests the bank faces a $143 billion loss for 2022.

With its large stock holdings, any decision to sell from here could further depress the markets. Traders should keep an eye out for how central banks are faring amid today's rapidly-rising interest rates and high inflation.

Now here's the rest of the news:

Sponsored Content
Investigator warns: American Reset Incoming

Renowned financial analyst exposes a terrifying plot to reset not just your personal wealth, but the entire U.S. economic system.

Click here now for all the details.

MARKETS
DOW 33,704.10 +0.56%
S&P 3,919.25 +0.70%
NASDAQ 10,742.63 +1.01%
*As of market close
Stocks rose on Tuesday, following a speech by Federal Reserve Chairman Jerome Powell.
Oil rose 0.5 percent, last going for $74.99 per barrel.
Gold rose 0.3 percent, ending at $1,883 per ounce.
Cryptocurrencies generally rose, with bitcoin trading at $17,459 at the market close.

Today's TOP TIPS
Invest In Future Trends at Fearful Valuations
The market selloff last year has led to a significant drop in prices for technology firms. While many of these companies have traded at high valuations in expectations of high growth, the selloff last year may have pushed a few companies with promising technologies into value territory.

Investors who look at the top tech trends of the next decade can likely find some solid pockets of value today, even among large, established players.

» FULL STORY

Insider Trading Report: UMH Properties Inc (UMH)
Matthew Hirsch, a director at UMH Properties Inc (UMH), recently added 1,750 shares. The buy increased his holdings by 4 percent, and came to a total cost of just under $28,000.

This is one of the larger insider buys at the company over the past few months. Company directors have been small buyers of shares on a regular basis, as well as the company President and CEO. The last insider sale occurred last April.

» FULL STORY

Unusual Options Activity: Lockheed Martin (LMT)
Shares of defense contractor Lockheed Martin (LMT) are up about 30 percent over the past year as traders have moved into defensive stocks. One trader sees a pullback in shares in the coming weeks.

That's based on the March $410 puts. With 64 days until expiration, 5,029 contracts traded compared to a prior open interest of 160, for a 31-fold rise in volume on the trade. The buyer of the puts paid $4.90 to make the bearish bet.

» FULL STORY

IN OTHER NEWS
Online Prices Show Drop

E-commerce prices have shown a 1.6 percent decline compared to the prior year, according to data from Adobe Analytics. That's the fourth consecutive month of annual price declines. Prices have generally been in a decline, but they did show a strong bump during the Covid pandemic and amid the peak of the supply chain shortages.
Credit Card Debt Continues to Rise

Americans continue to use their credit cards for purchases. Now, 46 percent of credit cardholders carry debt from month to month, a rise from last year's 39 percent, based on data from Bankrate. That move coincides with a drop in savings, which suggests that consumers may have to lighten up on spending later this year.
Biden Admin to Ease Rules for Student Loan Forgiveness

The Biden Administration is working on a plan that will make it easier for student loan holders to reduce that debt based on income-driven payment plans. Earlier plans to forgive loans outright have been blocked by several courts, including a plan to cancel as much as $20,000 in debt for borrowers.
Coinbase Looks to Cut 20 Percent of Staff

Cryptocurrency brokerage Coinbase (COIN) will lay off about 20 percent of its staff. That could amount to as many as 950 employees. The company's move is the latest among tech players, and also a sign that the losses in the cryptocurrency market may continue for some time.
Microsoft Investing in Smart Store Analytics Service

Tech firm Microsoft (MSFT) is partnering with startup AiFi, with a goal of creating a service to allow retailers to deploy autonomous shopping cost-effectively. Dubbed Smart Store Analytics, it could allow venues such as grocery stores and sports stadiums to offer goods for sale without having to be monitored by a cashier.

S&P 500 MOVERS
TOP
WBD  7.967%
FSLR  6.707%
NUE 6.67%
STE 6.091%
STLD 5.307%
BOTTOM
ILMN 7.255%
DISH 6.195%
MOS 4.587%
KIM 3.675%
CF 3.535%

Quote of the Day
With uncertainty running high, we take a more conservative posture with our estimates and believe that investors need to be selective in the group, focusing on high-quality businesses and management teams. Though the group remains sensitive to the rate environment, we believe that 2023 will be more of a stock pickers market than recent years in infrastructure and security software.
- Joel Fishbein, analyst at Truist, on why 2023 will likely be a solid year for buying specific stocks, rather than the index as a whole.

Sponsored Content
Investigator warns: American Reset Incoming

Renowned financial analyst exposes a terrifying plot to reset not just your personal wealth, but the entire U.S. economic system.

Click here now for all the 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 Subscriptionsreport SPAM


 

No comments:

Post a Comment

Why are billionaires loading up on oil?

JP Morgan analysts have pegged the future price of oil at $380.............................................................................