Wednesday, July 5, 2023

🚗Enjoy the Low Gas Prices – Here’s Why They May Track Higher Soon

Good morning. With gas prices down about 30 percent compared to this time last year, Americans...
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, With gas prices down about 30 percent compared to this time last year, Americans are hitting the open road. However, gas prices may not stay down forever. Over the weekend, Saudi Arabia and Russia announced an extension of export cuts. As the key player in the OPEC cartel, Saudi Arabia has made a number of cuts to prices this year, likely in a bid to keep oil over $70.

Chances are the cartel may overshoot on its production cuts, and prices will jump higher in time. Investors may want to look at buying some bargains in the energy space now, especially as these companies are still inexpensive and many major oil companies offer dividend yields above that of the overall market.

Now here's the rest of the news:

Sponsored Content
Your Savings at Risk: Act Fast!
Your financial security is under threat!

The fed's latest initiative aims to control every aspect of your bank account, leaving you vulnerable.

With the power to closely monitor each transaction and freeze accounts without justification, your funds could be at risk.

Don't Waste Another Minute! Discover Three Steps in This Video to Safeguard Your Savings Before it's too Late.

MARKETS
DOW 34,418.47 +0.03%
S&P 4,455.59 +0.12%
NASDAQ 13,816.77 +0.21%
*As of market close
Markets were closed on Tuesday, in observation of Independence Day.

Today's TOP TIPS
This Tech Trend Remains Out of Favor, But May Prove a Speculative Buy Now
Investors have a tech flavor of the year, and it's artificial intelligence (AI). That's in contrast to past years, when investors have been enamored with cloud services, cryptocurrency mining, electric vehicles, or any other number of trends.

Those trends have staying power too. And since they're now not the market's favorite, it's possible to buy into long-term potential winners at a better price. The best time to buy these tech trends isn't just when they're out of favor, but when they're making positive strides forward.

» FULL STORY

Insider Activity Report: CME Group (CME)
William Shepard, a director at CME Group (CME), recently bought 322 shares. The buy came to a total cost just under $58,000, and the buy increased the director's stake by less than 1 percent.

The director has been a regular buyer since last November, with no insider sales in that time. This is his sixth purchase. The last purchase occurred in March, and came to just under $94,000. Insiders were largely sellers before then.

» FULL STORY

Unusual Option Activity: Digital Turbine (APPS)
App software company Digital Turbine (APPS) has lost over half its share price in the past year. One trader sees a rebound in the weeks ahead.

That's based on the August $12.50 calls. With 44 days until expiration, 4,387 contracts traded compared to a prior open interest of 115, for a 38-fold rise in volume on the trade. The buyer of the calls paid $0.30 to make the bullish bet.

» FULL STORY

IN OTHER NEWS
Credit Crunch Woes Continue to Rise

The credit markets are expected to further tighten this year, which may make it more difficult for businesses to obtain funding or to finance purchase such as mortgages and cars. This could lead to a credit crunch, given the softening economic data. However, consumers remain strong, so any such crunch would likely be mild.
Independence Day on Track for Record Travel

A decline in fuel prices likely boosted travel over the weekend and through Independence Day. According to AAA, a record 43.2 million Americans travelled by car for the holiday, a move that was boosted by the fact that gas prices are about 30 percent below last June's record high.
92 Percent of New Cars Cost Over $30,000

Vehicle affordability has hit an all-time low. Estimates are that 92 percent of all new cars cost over $30,000, with just 8 percent costing less. Before the pandemic, about 38 percent of new cars came in under $30,000. Besides higher inflation, rising demand for fully-loaded vehicles has helped lead to the surge in pricing.
Apple Cuts Vision Pro Production

Apple (AAPL) is scaling back its production plans for the Vision Pro headset, according to an industry report. The company recently announced the new augmented reality (AR) headset, but its high starting price point in the thousands may come as sticker shock given the far lower cost for virtual reality (VR) headsets sold by competitors.
Twitter Enforces Read Limits

Social media platform Twitter has started to enforce read limits of 6,000 daily posts for verified users and 600 for unverified. The numbers were increased to 10,000 and 1,000 later. The move came as the company reported issues with data scraping and system manipulation.

S&P 500 MOVERS
TOP
TSLA  6.895%
FIS 6.033%
ZION 4.766%
CMA 3.872%
WBD 3.748%
BOTTOM
EW 3.011%
EFX 2.622%
STE 2.596%
ALGN 2.559%
IDXX 2.399%

Quote of the Day
The tailwinds from a technical perspective may be ending, as the universal pessimism fades, but there are growing indications that a handoff from technicals to fundamentals is possible, with encouraging macro and earnings data.
- Mark Hackett, Nationwide's chief of investment research, on why the market may continue higher in the coming months, with value stocks taking the lead over tech stocks following their big run.

Sponsored Content
Your Savings at Risk: Act Fast!
Your financial security is under threat!

The fed's latest initiative aims to control every aspect of your bank account, leaving you vulnerable.

With the power to closely monitor each transaction and freeze accounts without justification, your funds could be at risk.

Don't Waste Another Minute! Discover Three Steps in This Video to Safeguard Your Savings Before it's too Late.


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 Live Trading Room:

Trading with Manny

› 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

China's New Stimulus Package: Is Nio (NIO) Ready to Accelerate?

China's $1.4 trillion economic stimulus package, announced in late 2024, underscores the government's resolve to reinvigorate its ...