Wednesday, May 10, 2023

🐄Where’s the Market’s Beef?

Good morning. An old television ad for Wendy's had three old ladies looking at a competitor's...
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. An old television ad for Wendy's had three old ladies looking at a competitor's burger and asking: "Where's the beef?" Today's market also seemingly lacks some real beef behind it. Corporate earnings have been fine. But analysts lowered expectations going into those earnings. And the market indices are driven by large-cap tech stocks.

Medium and small cap stocks have been in more of a selloff mode. And somehow, despite thee of the four largest bank failures in U.S. history this year (so far), the markets have been getting calmer in recent weeks. Chances are there could be a big bump higher in market volatility, especially as debt ceiling issues come to the forefront.

Traders should continue to stay cautious… and look to invest for the long haul only in assets that have the beef.

Now here's the rest of the news:

Sponsored Content
These Trend Predictions Aren't 'One Trade' Wonders
If you could summon the ability to know where your next trade is going in the next 1 – 3 days, and do it at breakneck speed, would you try it?

Well, I read this week about ChatGPT being able to predict market moves (you know, the A.I. that's making all the buzz.)

Albeit groundbreaking software, their neural network stock market capabilities can't touch those of VantagePoint A.I.

Why wait for the future, when forecasting trend reversals with up to 87.4% proven accuracy is available at your fingertips right now?

Dive into the Stock Market Predictions of Your Choice in this FREE Live A.I. Market Training >

MARKETS
DOW 33,561.81 -0.17%
S&P 4,119.17 -0.46%
NASDAQ 12,179.55 -0.63%
*As of market close
Stocks traded lower on Tuesday, as debt ceiling debates continued in Washington.
Oil rose 0.5 percent, closing at $73.49 per barrel.
Gold rose 0.4 percent, ending the day at $2,042 per ounce.
Cryptocurrencies moved higher, with Bitcoin at $27,678 at the stock market close.

Today's TOP TIPS
Companies That Use Debt Responsibly Can Offer Growth and Stability
Years of ultra-low interest rates made it easy for companies to issue debt at a low cost. As a bonus, companies could even deduct their interest payments for tax purposes.

Today, with interest rates rising, it makes less sense for companies to take on debt. They would need a project with a high prospective return to justify the costs. So companies paying down debt rather than looking to add more or refinance at today's relatively high rates may offer solid returns.

» FULL STORY

Insider Trading Report: Akami Technologies (AKAM)
Thomson Leighton, CEO at Akami Technologies (AKAM), recently bought 642 shares. The buy increased his stake by less than 1 percent, and came to a total cost of $50,061.

The buy follows up on a 934 share buy made a few days before, at a cost of $75,122. And the CEO made 8 separate buys in April, most in the $50,000 range, with two buys in the $75,000 range.

» FULL STORY

Unusual Options Activity: Rapid7 Inc (RPD)
Cybersecurity software company Rapid7 Inc (RPD) has seen shares rally more than 50 percent off of their lows set back in November. One trader sees a further rally in the months ahead.

That's based on the August $55 calls. With 100 days until expiration, 5,327 contracts traded compared to a prior open interest of 191, for a 28-fold rise in volume on the trade. The buyer of the calls paid $5.67 to make the bullish bet.

» FULL STORY

IN OTHER NEWS
Banking Data Shows Credit Standards Tightening

As the banking sector has faced the second, third, and fourth-largest failures in U.S. history, lenders have increased their standards according to the latest survey conducted by the Federal Reserve. The changes have been attributed to economic uncertainty, higher bank funding costs, and a potential deterioration in collateral values.
Airline and Hotel Earnings Show Robust Travel Demand

Corporate earnings from the airline and hotel industries show robust demand, particularly for overseas travel. With demand outpacing supply for rooms and flights, prices are likely to stay higher for longer in this part of the economy, which appears to be normalizing following the 2022 post-pandemic boom.
Tesla Breaks Ground on Lithium Refinery

Automaker Tesla Motors (TSLA) has broken ground on a lithium refinery in Corpus Christi, Texas. The company plans to invest $375 million to build the facility. Lithium supplies and production are seen as a potential bottleneck for expanding the number of electric cars on the road.
Traditional Finance Companies Continue Crypto Push

A number of traditional finance companies such as MasterCard (MA), PayPal (PYPL) and Robinhood (HOOD) are working to expand onramps from traditional finance into cryptocurrencies. Areas of concern include the fact that gas fees and crypto wallets aren't intuitive to non-crypto users, and that traditional finance companies can fill that gap.
SEC Lists Tokens Classified as Securities

The U.S. Securities and Exchange Commission has listed more than a dozen cryptos that the regulatory agency says are illegal to sell in the country. These crypto tokens qualify as securities under securities laws. The agency has now nearly tripled the number of crypto tokens that qualify as securities since the start of 2022.

S&P 500 MOVERS
TOP
DVA  14.169%
MCK  5.998%
ALB 5.45%
TDG 5.036%
WELL 2.823%
BOTTOM
PYPL 12.524%
DISH 11.623%
WAT 7.472%
IFF 7.144%
HSIC 6.065%

Quote of the Day
The underlying picture of the economy remained largely the same, as most reports did little to change long-term trends—the services side of the economy remained resilient, the slump in manufacturing proceeded, and the employment picture continues to defy gravity.
- Brent Schutte, chief investment officer of the Northwestern Mutual Wealth Management Company, on how the economy's outlook is largely unchanged despite the latest economic data and last week's quarter-point rate hike by the Federal Reserve.

Sponsored Content
Your 'Aha' A.I. Trading Moment Is Waiting
The truth is that it's humanly impossible for you to visualize and calculate complicated intermarket correlations.

That's why you're invited to this FREE A.I. Stock Market Live Training to learn which global markets have the most influence on a target market in a couple clicks.

You'll learn how you can save time (and money) through short-term price and trend forecasting.

There are only a few spots left, so make sure you Sign Up Right Now To Join >>


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

Don't Ignore This - Get MarketClub Free

We want to show you how to get 6 months of MarketClub at no cost. ...