😶One Indicator Sees a Rally for Stocks – Even in a Weak Economy

Good morning. As investors, the market's trend is often based on a preponderance of evidence...

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. As investors, the market's trend is often based on a preponderance of evidence – how stocks have been trending, what are interest rates doing, how fares the economy, and so on. Most indicators are negative or neutral right now, reflecting a slowing economy and rising interest rates. But there are a few countertrends. One is a momentum oscillator known as The Coppock, which suggests that stocks may be a good buying opportunity right now. Of course, any investor will tell you that there's always something worth buying in any market. And with last year's selloff, there are more bargains than there was a year or two ago. We'll stick with being cautious right now, and investors who stick with dividend stocks bought at a reasonable price should fare well now. Traders will continue to benefit from the market's volatile moves both up and down in the months ahead until a stronger long-term trend emerges. Now here's the rest of the news: Sponsored Content What's a Strong Buy Tomorrow? And Q2 is off to the race, trader! Is Apple (AAPL) stock expected to rise? That seems to be the question. But rather than review analysis of 12-month price forecasts and the whole 9 yards, sometimes your best opportunities are standing directly in front of you. And with artificial intelligence, strong buys can be spotted in a snap 1 - 3 days in advance with up to 87.4% proven accuracy. Want to learn more? SAVE YOUR SEAT HERE >> MARKETS DOW 34,029.69 +1.14% S&P 4,146.22 +1.33% NASDAQ 12,166.27 +1.99% *As of market close • Stocks soared on Thursday, rebounding from Wednesday's drop. • Oil dipped 1.2 percent, closing at $82.30 per barrel. • Gold rose 1.5 percent, at $2,054 per ounce. • Cryptocurrencies rallied, with Bitcoin hitting $30,351 at the stock market close. Today's TOP TIPS When Markets Are Down, Buy the Boring Business In a bull market, traders can profit by buying companies with an exciting story behind them. Those stocks tend to be runaway winners. But when the market is trading flat or down, the slow-and-steady, boring businesses can be the better winners. That's because these companies can be more recession resistant. And they tend not to get as overvalued on the way up. That makes for a solid value play, and often one that pays out a solid source of growing income. » FULL STORY Insider Trading Report: Clearway Energy (CWEN) Totalenergies Se, a major holder of Clearway Energy (CWEN), recently added 71,980 shares. The buy increased the fund's position by  $2.42 million on top of its existing position. The fund last bought shares in mid-2021. Otherwise, trading has been relatively quiet, with 2 buys from a company director, and a sale from the company President and CEO back in November. » FULL STORY Unusual Options Activity: Delta Air Lines (DAL) Airline carrier Delta Air Lines (DAL) has pulled back in recent weeks, as fears of a slowing economy may soften demand for air travel. One trader sees a further downside in the weeks ahead. That's based on the May $29 puts. With 35 days until expiration, 5,772 contracts traded compared to a prior open interest of 114, for a 51-fold rise in volume on the trade. The buyer of the puts paid $0.38 to make the bearish bet. » FULL STORY IN OTHER NEWS • Supplier Prices Drop 0.5 Percent for March The producer price index, which measures what suppliers pay for goods, dropped 0.5 percent in March. That's the largest drop for that index in nearly 3 years. Added in with the earlier consumer price inflation data this week, and it's clear that inflation continues to slow overall. • Banks Continue to Fund Fossil Fuel Energy While there's been a push to invest in renewable energy programs, the world's largest banks provided nearly $673 billion in financing for fossil fuel energy projects and companies last year. Canadian banks increased their investments in the space, although the U.S. still remains the industry leader for such funds • Grantham Warns on Market Bubble Investor Jeremy Grantham of GMO has warned that financial markets are in a bubble, and last month's struggle in the banking space may just be the beginning. Grantham has often known for his bearish views, but he has forewarned on a number of market drops, including the dot-com crash in 2000. • Amazon Unveils AI Platform Bedrock Amazon (AMZN) is releasing Bedrock. The program through its AWS hosting platform division, provides a way to build generative AI-powered apps. The program also has foundation models to get started out there. Amazon sees the possibility for every application to be reimagined with generative AI. • Ethereum Completes Shanghai Upgrade Cryptocurrency Ethereum has completed its Shanghai upgrade. The upgrade allows for more liquidity for investors and staking. The price of Ethereum touched on $2,000, its highest level since last August, as the two-year lockup period on staking withdrawals was completed. S&P 500 MOVERS TOP SEDG  7.773% ENPH  7.475% FCX 5.431% AMZN 4.702% NFLX 4.486% BOTTOM PGR 6.77% PSA 3.074% WDC 2.882% EXR 2.745% ODFL 2.029% Quote of the Day Moderating price pressures combined with signs of cooling in the labor market will offer a temporary reprieve to markets. While this is good news, it does not mean tightening is over. Core inflation remains far above the Fed's target, and the path to 2% will be bumpy. With core CPI likely to end the year above 3%, the Fed has more work to do before it can declare victory over inflation. - Ronald Temple, analyst at Lazard, on the latest inflation report, which shows a decline, but not enough to justify an end to the Federal Reserve's interest rate hike cycle. Sponsored Content There's A New Set Of Trading Rules Struggling with your trades and wondering if the issue could be with the market, rather than yourself? Don't worry, you're in control, and with the help of A.I., you can anticipate trend reversals to know when to sit on the sidelines or act. This tool will also show you how you're falling in love with the wrong stocks if you're getting your information from the wrong sources, panic-selling in volatility or feeling overwhelmed. Save a Seat for This Free Live 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 Subscriptions | report SPAM