Wednesday, April 5, 2023

➡️Two Big Reasons for More Inflation Ahead

Good morning. Traders are once again starting to bet on oil rising to $100 in the coming months...
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. Traders are once again starting to bet on oil rising to $100 in the coming months, thanks to a recent output cut by OPEC members totaling over 1.1 million barrels per day. Higher oil prices will likely act as a form of inflation… but there's another reason to expect prices to stay higher for longer.

That's because rain-soaked California is now starting to miss out on key planting season in the state's lush farmland. Adding in flooding in the Midwest, and it's likely that there will be a reduced crop season this year… which will likely keep supply low and prices high.

With food and energy prices likely to remain strong, higher inflation seems likely in the months ahead. As does the possibility of a slowdown in other parts of the economy as consumers pay more prices at the grocery store and gas pump. Traders should continue to expect inflation to run hot and stocks to trade weak overall… although a few well trade higher from these rising prices.

Now here's the rest of the news:

Sponsored Content
The Results Are In: Bryan Perry's "Million-Dollar Beta Test"
Beta Testers following Bryan's trading system had the opportunity to collect:
  • $1.07 million in 9 months (2020)
  • $1.04 million in 10 months (2021)
  • $1.17 million in 8 months (2022)
Click here to see how these extraordinary trading gains came to pass... and find out what Bryan has planned for 2023 – his fourth and final Beta Test.

MARKETS
DOW 33,402.38 -0.59%
S&P 4,100.60 -0.58%
NASDAQ 12,126.33 -0.52%
*As of market close
Markets moved lower on Tuesday, as oil prices stabilized.
Oil rose 0.1 percent, last going for $80.50 per barrel.
Gold jumped 1.9 percent, ending at $2,039 per ounce.
Cryptocurrencies traded higher, with bitcoin at $28,189 at the stock market close.

Today's TOP TIPS
Look For Companies Squeezing Out Unneeded Corporate Expenses
Many companies hire as they need to when growing like gangbusters. But when things go down, it's a time to assess the size of a company and its needs, no matter what sector it's in.

For some companies, the worst bloat can come from its executive offices. The growth of middle management can cause a big payroll expense to build up, and take away capital from lower-level workers that make a company's success possible.

» FULL STORY

Insider Trading Report: GameStop Corp. (GME)
Lawrence Cheng, a director at GameStop Corp. (GME), recently bought 5,000 shares. The buy increased his holdings by 13 percent, and came to a total cost of $113,900.

The buy came a year after another director bought 1,500 shares, paying just under $195,000. Over the past two years, insider buys have far exceeded insider sales, including a 100,000 share buy from the company's chairman just over a year ago.

» FULL STORY

Unusual Options Activity: ConocoPhillips (COP)
Major oil and gas producer ConocoPhillips (COP) jumped over 9 percent on Monday as oil prices rallied on news of OPEC cuts. One trader sees shares continuing higher in the coming weeks.

That's based on the April 28 $107 calls. With 23 days until expiration, 11,135 contracts traded compared to a prior open interest of 109, for a 102-fold jump in volume on the trade. The buyer of the calls paid $4.55 to make the bullish bet.

» FULL STORY

IN OTHER NEWS
Municipal Money-Market Funds Top 4 Percent

Yields on municipal money-market mutual funds have now topped 4 percent for the first time in years amid the recent market volatility. Typically, municipal bonds and other funds offer lower yields than other securities, but have tax advantages that confer similar or even higher after-tax yields.
Retailers Work on Made-to-Fit Boxes for Shipping

In an effort to reduce the waste and cost of shipping online orders, a number of retailers are investing in technologies that can create made-to-fit boxes. That includes major merchants such as Walmart (WMT) and Amazon (AMZN). The move comes as online sales accounted for 14.7 percent all retail sales, up from 5.8 percent a decade earlier.
Cryptocurrency Exchange Bittrex Shuts Down

Bittrex, a cryptocurrency exchange, is shutting down its operations, at least in the United States. The exchange joins a number of other exchanges that are moving out of the U.S. market in recent months. The company cited the "regulatory environment" as a reason for the decision to shut down U.S. operations.
Unicorn Quantexa Hits $1.8 Billion Valuation in Latest Funding Round

Online fraud and customer data management company Quantexa has raised $129 million at a valuation of $1.8 billion in Series E funding. The company last raised capital two years ago, nabbing $153 million at a $800-900 million valuation. Quantex largely provides AI software to major banks and other financial services companies.
Dogecoin Surges as Shiba Inu Replaces Twitter Bird

Cryptocurrency dogecoin jumped nearly 30 percent on Monday, as Elon Musk replaced the Twitter bird icon with a Shiba Inu in reference to dogecoin. The change came within two days of Musk asking a judge to throw out a racketeering lawsuit accusing the billionaire of running a pyramid scheme to support dogecoin prices.

S&P 500 MOVERS
TOP
NEM  3.578%
EXR  3.074%
EA  3.045%
NOW 2.418%
TTWO 2.393%
BOTTOM
STLD 9.084%
URI 8.312%
VLO 8.273%
MPC 7.726%
NUE 7.193%

Quote of the Day
This current macro backdrop isn't conducive for a meaningful stock market rally: The economy is recession bound as the consumer is clearly weakening, lending is about to get ugly, energy cost uncertainty will remain elevated for a while, and monetary policy is finally restrictive and about to break parts of the economy.
- Ed Moya, senior market analyst at OANDA, on why the market may not trend too much higher from here, and will likely trade in a range in the months ahead.

Sponsored Content
The Results Are In: Bryan Perry's "Million-Dollar Beta Test"
Beta Testers following Bryan's trading system had the opportunity to collect:
  • $1.07 million in 9 months (2020)
  • $1.04 million in 10 months (2021)
  • $1.17 million in 8 months (2022)
Click here to see how these extraordinary trading gains came to pass... and find out what Bryan has planned for 2023 – his fourth and final Beta Test.


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

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...