📊This Upcoming Data Could Lead to a Debt Ceiling Crisis Sooner than Expected

Good morning. It's tax day in America. So maybe it's not the best morning. But, the next few...

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. It's tax day in America. So maybe it's not the best morning. But, the next few weeks will provide more data on the U.S. Treasury's coffers, as the bulk of taxes owed comes in and refunds head out. Usually, this data isn't that important. However, right now the U.S. government is at its debt ceiling. And it's possible that the government could run out of money sooner than expected. With early estimates ranging from August to October for politicians to hit an agreement, that deadline may be shortened. That could lead to more market volatility, as could any final political agreement given the changes in government spending and even tax rates that could occur. For now, traders should continue to play to current market conditions and use volatility to profit whether stocks move up or down. Now here's the rest of the news: Sponsored Content No. 1 Energy Play During Crisis The energy crisis doesn't look like it's going away anytime soon. But tech expert Adam O'Dell has found a little-known company that has developed new tech to access the largest energy source on Earth … a source that could produce 5X as much power as the largest oil field … in just one year. There's still time to get in early. Click here for the full story. MARKETS DOW 33,987.18 +0.30% S&P 4,151.32 +0.33% NASDAQ 12,157.72 +0.28% *As of market close • Stocks closed higher on Monday, closing at highs of the day. • Oil dipped 1.9 percent, closing at $80.97 per barrel. • Gold dropped 0.4 percent, ending at $2,009 per ounce. • Cryptocurrencies traded lower, with Bitcoin hitting $29,490 at the stock market close. Today's TOP TIPS Customers Are Slowing Spending, But Will Never Stop Entirely Most economic activity is driven by consumer spending. That's why changes in consumer spending can cause stocks to rise or fall. Some areas can hold up well, particularly those consumer goods or services that offer reasonable quality at a reasonable price. That's because a slowing economy will cause consumers to shift to lower-price options rather than stop spending entirely. That may not be good news for upscale brands or services, but for some companies, it may indicate higher share prices ahead. » FULL STORY Insider Trading Report: Acuity Brands Inc (AYI) Laura O'Shaughnessy, a director at Acuity Brands Inc (AYI) recently added 632 shares. The buy increased her stake by 43 percent, and came to a total cost of just under $100,000. The director was also the most recent buyer, with a 575 share pickup last July. Otherwise, there have been two insider sales at the company, one of which came from the exercise of a stock option. » FULL STORY Unusual Options Activity: GXO Logistics (GXO) E-commerce logistics firm GXO Logistics (GXO) has seen shares move in an uptrend over the past few months. One trader is betting that trend will play out over the next month. That's based on the May $55 calls. With 31 days until expiration, 4,528 contracts traded compared to a prior open interest of 108, for a 41-fold rise in volume on the trade. The buyer of the calls paid $1.53 to make the bullish bet. » FULL STORY IN OTHER NEWS • Lagarde Confident U.S. Will Avoid a Debt Default European Central Bank President Christine Lagarde stated that she's confident that the U.S. will resolve its debt ceiling crisis. Currently, there is the potential for a debt default as early as this summer without a political agreement on spending and a new debt ceiling limit. • Homebuilder Sentiment Rises for April Sentiment among homebuilders rose by 1 point for April, hitting a reading of 45. The sentiment index is based on a neutral reading at 50, so there's still slightly negative sentiment in the market. Currently, about one-third of housing inventory is new homes, well above the historical average of 10 percent. • Countries Look to Lessen Dependence on China A number of countries, largely the United States and allies, are looking at ways to reduce their economic dependence on China. That includes limiting ties in some strategic sectors while preserving overall trade, investment, and diplomatic ties. The move comes following the shutdown of global supply chains during the pandemic, and China's close relationship with Russia. • Sega Looking to Buy Rovio for $775 Million Japanese video game giant Sega has made an offer to buy Finnish game company Rovio in a deal valued at $775 million. Rovio is best known for the Angry Birds mobile game. Previously, Israeli-based Playtika had made a $810 million bid for Rovio that fell through last month. • SpaceX Scrubs Starship Test Launch Privately-held SpaceX has scrubbed a test launch of its Starship space launch system on Monday, after engineers could not troubleshoot a pressurization issue in the rocket's booster. The test will be the first following the issuance of a vehicle operator license from the Federal Aviation Administration that is good for 5 years. S&P 500 MOVERS TOP ENPH  7.963% MTB  6.917% DLR 6.293% FSLR 5.278% WBD 4.971% BOTTOM STT 10.496% MRNA 8.195% BK 5.382% KEYS 4.218% MRO 3.206% Quote of the Day Retail sales came in weaker than expected, but a lot of the miss had to do with lower gas prices, which all things being equal is a slight positive for spending. Inflation has been coming down as gas prices have been coming down, but that can reverse in an instant, which would drive the headline numbers higher. What is more concerning is that core (which excludes food and gas prices) has been stubbornly high – and where we believe the risks to higher-rates-for-longer lie. - Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, on the possibility of inflation rates moving higher in the months ahead given how core inflation is holding up strong. Sponsored Content No. 1 Energy Play During Crisis The energy crisis doesn't look like it's going away anytime soon. But tech expert Adam O'Dell has found a little-known company that has developed new tech to access the largest energy source on Earth … a source that could produce 5X as much power as the largest oil field … in just one year. There's still time to get in early. Click here for the full story. 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