✌️These Two Commodities Point to a Slowing Economy

Good morning. While markets are relieved over the latest debt ceiling, stocks are at their highs...

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. While markets are relieved over the latest debt ceiling, stocks are at their highs of the year. Yet we're still seeing signs of a slowing economy. Saudi Arabia has cut oil production by 1 million barrels per day, for the second time this year. Oil is a barometer for economic activity – we're not all-electric yet – and reduced global demand for the commodity is a huge warning sign. Ditto copper. The metal is even known as "Dr. Copper" as its price moves tend to anticipate changes in the economy. In the first six months of the year, prices are slightly down, following a 15 percent drop in the prior six months of 2022. Investors should continue to look for downside opportunities to trade with put options until the economic data – and the prices of oil and copper – start to show signs of improvement. Now here's the rest of the news: Sponsored Content 6 A.I. Scanned Stock Forecasts Every Week Looking for a way to gain an edge in identifying upcoming trends for the week? Experience the revolutionary TraderGPS, a cutting-edge tool fueled by artificial intelligence. This FREE TOOL provides traders with weekly alerts on the top three bullish and bearish trends, completely free of charge. Discover the six most prominent stock trends instantly, empowering you to make informed decisions and navigate the market with confidence, all from the convenience of your smartphone. Request your complimentary A.I. Scanned Stock Alerts now! MARKETS DOW 33,562.86 -0.59% S&P 4,273.79 -0.20% NASDAQ 13,229.43 -0.09% *As of market close • Stocks closed lower on Monday, coming off of last week's strong rally. • Oil rose 0.3 percent, closing at $71.92per barrel. • Gold rallied 0.5 percent, ending the day at $1,979 per ounce. • Cryptocurrencies traded lower, with bitcoin at $25,659 at the market close. Today's TOP TIPS Consider this Small Cap Play for the AI Revolution While the stock market has rewarded companies moving into the artificial intelligence (AI) space this year, the ride hasn't been a smooth one. That's actually a good thing for investors. Pullbacks create buying opportunities. And the important thing for investors is to buy smaller AI companies that can see big growth – and share price appreciation – over time. That means looking for companies that have small market caps – under $100 billion – which takes a lot of household tech names off the table. » FULL STORY Insider Trading Report: Big Lots (BIG) Bruce Thorn, President and CEO at Big Lots (BIG), recently bought 51,000 shares. The buy increased his holdings by 8 percent, and came to a total cost just over $247,000. This marks the only insider buy at the company over the past two years. One company Executive Bice President was a regular seller of shares in 2021 and into early 2022, but insiders have been inactive for the past 14 months. » FULL STORY Unusual Options Activity: Dow (DOW) Chemical manufacturer Dow (DOW) is down over 25 percent in the past year. One trader sees a rebound ahead in the coming weeks. That's based on the June 30th $53 calls. With 24 days until expiration, 18,807 contracts traded compared to a prior open interest of 111, for a 169-fold jump in volume on the trade. The buyer of the calls paid $0.70 to make the bullish bet. » FULL STORY IN OTHER NEWS • Saudi Arabia Pledges 1 Million Barrel Per Day Cut OPEC member Saudi Arabia has pledged to cut oil production by 1 million barrels per day in a bid to keep prices at current levels or higher. OPEC+ members have agreed to stick with their current production targets through the end of the year and into 2024. This is the second major production cut announced by the cartel this year. • Bets on Rate Cuts Decline Traders are scaling back their bets that the Federal Reserve will cut interest rates before the end of the year. The shift in sentiment has been driven by strong data coming from the labor market, and as inflation still remains well above the Fed's target of 2 percent annually. • Airlines on Track for $10 Billion Year Global airlines are on track to make $10 billion in profits this year, thanks to recovering demand for travel and tourism, according to the International Air Transport Association (IATA). The group previously predicted profits of $4.7 billion for 2023 back in December, but with stronger cargo revenues and lower fuel costs, the sector could continue to flourish. • GM Investing Over $1 Billion in Heavy Duty Pickups Automaker General Motors (GM) is planning to invest more than $1 billion for two plants in Michigan which will produce next-generation heavy-duty trucks. The offerings are in high demand, and are highly profitable for the automaker, even though they aren't electric. GM has committed to make a fleet of all-electric vehicles by 2035. • Tesla Model 3s Now Qualify for Full Tax Credits All new Tesla Motors (TSLA) Model 3 vehicles will qualify for the full federal electric vehicle tax credit. The full credit allows a buyer to offset $7,500 of taxes. There is also a 50 percent credit of $3,750 for EVs whose battery components are produced or assembled in North America. S&P 500 MOVERS TOP BBWI  4.707% PAYC  4.604% FTNT 4.359% ZM 3.309% EXPE 3.205% BOTTOM EPAM 21.13% CHRW 6.409% DG 4.443% INTC 4.408% MMM 4.213% Quote of the Day The so-called Goldilocks has entered the house. Clearly, on the bullish side, there are signs that inflation is starting to wane, speculation that the Fed is going to move into pause mode, increasing the likelihood of a soft landing. - Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, on economic conditions showing a slowing economy but not necessarily a recession – leading to conditions that could be ideal for businesses and the stock market. Sponsored Content Are These A.I. Trend Forecasts Really Free? There's a lot of noise in the markets today that's distracting even the most seasoned traders. It's why more traders are counting on A.I. as an ally to navigate volatility and take their trade selection to the next level. Get started with TraderGPS (it's free and all you need is a smart phone) to receive 6 A.I. Scanned Stock Alerts for the week ahead. Send Me The FREE TraderGPS Alerts > 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