Tuesday, March 21, 2023

👀Bank Risks Don’t Disappear Overnight – Trade Accordingly

Good morning. We've reached the "shotgun merger" stage of the banking crisis, as UBS and Credit...
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've reached the "shotgun merger" stage of the banking crisis, as UBS and Credit Suisse have merged, with a push from Swiss regulators. The deal wipes out a lot of bondholders at Credit Suisse, as well as most of the company's equity holders.

However, the move was likely a long time coming. Credit Suisse has been a big target among big international banks, as the company has struggled with poor risk controls and a long list of litigations. While the weakest bank to go, it's also clear from the European Central Bank's interest rate policy that things could continue to get worse before they get better.

The rumblings in the banking sector can spill over and create real-world problems. So traders should continue to look for trades that can profit on the downside – and to keep some extra cash on hand to take advantage of any fire sale prices.

Now here's the rest of the news:

Sponsored Content
Receive Free A.I. Scanned Stock Alerts!
Tired of constantly trying to stay on top of market trends and struggling to make great trades?

Many traders face this challenge, which is why we're excited to introduce you to TraderGPS - a simple tool powered by A.I. that delivers you 6 free A.I. Stock trend alerts every week to your smart phone. Plus, it's FREE!

No matter the market conditions, algorithms analyze millions of data points to identify patterns and trends in the market that human traders often miss.

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

MARKETS
DOW 32,244.58 +1.20%
S&P 3,951.57 +0.89%
NASDAQ 11,675.54 +0.39%
*As of market close
Markets traded higher on Monday, amid the absorption of Credit Suisse by UBS.
Oil rose 1.2 percent, last going for $67.57 per barrel.
Gold rallied 0.6 percent, ending at $1,985 per ounce.
Cryptocurrencies trended higher over the weekend, with bitcoin at $27,869 at the stock market close.

Today's TOP TIPS
Amid a Declining Market, This Space Looks Set to Move Higher
While the stock market has been down over the past year, some sectors look set for a move higher. One such space is in commodities. Inflation remains sticky, which tends to keep prices of hard assets from declining too much.

Plus, for many commodities, the fundamentals look strong today. There's high demand and potentially lower supply for a number of resources. A second year of the Russia/Ukraine conflict looks likely to keep the wheat market tight in particular.

» FULL STORY

Insider Trading Report: Prospect Capital Corp (PSEC)
Kristin Van Dask, CFO at Prospect Capital Corp (PSEC) recently bought 6,000 shares. The buy increased her stake by 10 percent, and came to a total cost just over $41,200.

She was also the most recent insider to buy, with a 4,250 share pickup back in November, paying nearly $32,000 . A company director has also been active over the past two years. There have been no insider sales over the past two years either.

» FULL STORY

Unusual Options Activity: Electronic Arts (EA)
Video game design studio Electronic Arts (EA) dropped about 10 percent over the past year. One trader sees shares rebounding in the months ahead.

That's based on the September $125 calls. With 178 days until expiration, 1,307 contracts traded compared to a prior open interest of 106, for a 12-fold rise in volume on the trade. The buyer of the calls paid $4.65 to make the bullish bet.

» FULL STORY

IN OTHER NEWS
UBS Takes Over Credit Suisse

UBS (UBS) is taking over Credit Suisse (CS) in a deal arranged in part by the Swiss government. The deal will merge two of the world's biggest wealth management companies, as Credit Suisse had $435 billion in assets under management, and UBS had over $3 trillion ahead of the merger.
Public Pension Funds Scale Back on Private Equity Deals

Several state and local government pension programs are scaling back deals made in private equity, given the hard-to-trade investments involved. The market pullback and rising interest rates makes these investments look less attractive compared to the days of ultra-low interest rates when funds needed high-returning assets to balance out their portfolio.
Bitcoin Touches $28,000

Bitcoin prices hit $28,000, their highest levels in 9 months, as investors continue to invest in decentralized cryptocurrencies amid concerns over the traditional banking sector's solvency. Bitcoin, the largest cryptocurrency, is now up over 30 percent since the start of the recent banking system fears.
Amazon To Lay Off Another 9,000 Employees

Tech giant Amazon (AMZN) has announced that it will lay off another 9,000 employees. That's on top of a prior statement to lay off 18,000 employees. The latest round will reduce headcount at the company's webs services division, as well as people experience, and at streaming site Twitch.
Netflix Plans to Release 40 Games This Year

Streaming giant Netflix (NFLX) has announced that it has 40 games slated to launch this year. And a further 70 games are in development with partners. That's on top of 16 games being developed by in-house studios. Overall, the company has released 55 titles since launching its gaming platform in November 2021.

S&P 500 MOVERS
TOP
NRG  6.766%
FLT  6.298%
AIZ 6.262%
CINF 5.395%
USB 5.068%
BOTTOM
FRC 47.959%
MSFT 3.106%
PAYC 2.761%
ILMN 2.73%
CDAY 1.998%

Quote of the Day
This might be one of those times where there's a difference between what they should do and what I think they will do. They definitely should not tighten policy. People are really on edge, and any little thing might push them over the edge, so I just don't get it. Why can't you just pivot here a little and focus on financial stability?
- Mark Zandi, chief economist at Moody's Analytics, on the upcoming Fed meeting this week which may indicate how far the central bank is willing to go to raise interest rates as the banking system shows signs of breaking.

Sponsored Content
Receive FREE Artificial Intelligence Scanned Stocks!
Finish Q1 strong with our exclusive stock alerts delivering you 6 Free A.I. scanned trend predictions. Gain an edge in anticipating future price movements and propel your confidence.

TraderGPS, powered by the same pioneers behind the A.I.-powered trading software VantagePoint, is the easiest way to stay informed about the market trends.

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

Elon Musk’s ‘Essential’ AI Partner—Revealed

Imagine being able to invest in Tesla, PayPal, or SpaceX before the world knew their potential. ...