Tuesday, August 15, 2023

👊The Single Factor Likely to Push Inflation Higher

Good morning. After declining for 12 straight months, inflation finally ticked higher on a year...
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. After declining for 12 straight months, inflation finally ticked higher on a year-over-year basis in July. That trend may continue. That's because one of the largest and most variable components is starting to trend higher.

That variable is rent. While they've started to decline overall, rents are still going up on a year-over-year basis. The good news? Taking rent out of CPI, inflation is largely gone. However, if inflation starts to tick higher again, we'll likely see the Fed move to raise interest rates further. And as long as rent is pushing the CPI higher, the Fed will be unlikely to cut rates.

Traders should remain a bit cautious with investing here. Inflation is down, but not out. And rising rents can slow down other parts of the economy should consumers get cash-strapped. That still leaves some places with upside potential, but it will be much more selective than buying the overall market going forward.

Now here's the rest of the news:

Sponsored Content
A.I. Stock Watchlist Now Available [Live]
You trade like you know what you're doing every moment, most of the time.

But what if you could reshape your attitude about trading to have maximum confidence all the time?

That feeling when things are a lot greener and less red.

If you want to learn to identify your own winning trades this week, I suggest you carve out an hour for this Free Live A.I. Training with our Pro Trader >>

He'll be talking about forecasting trends 1 - 3 days in advance with up to 87.4% proven accuracy using a dual-patented tool that's been pioneering the markets since the late 1980s.

Attend FREE: Harnessing A.I. Technology for Trading Success (Now!) > >

MARKETS
DOW 35,307.63 +0.07%
S&P 4,489.72 +0.58%
NASDAQ 13,788.33 +1.05%
*As of market close
Markets moved higher on Monday, ahead of a big week for retailer earnings.
Oil dropped 0.9 percent, closing at $82.48 per barrel.
Gold dipped 0.3 percent, last going for $1,940 per ounce.
Cryptocurrencies traded lower, with bitcoin at $29,316 at the stock market close.

Today's TOP TIPS
Invest in the Sector Capable of Best Beating Inflation
The market may not like the fact that inflation's decline this year has started to stall out. While inflation does look likely to start showing signs of staying in the 3-4 percent range, some investments fare better than others in an inflationary environment.

The best investment for this scenario is for a company that offers a service and can raise prices far higher than inflation. It's also best if they don't have anything to physically manufacture and produce.

» FULL STORY

Insider Activity Report: Marriott Vacations Worldwide (VAC)
John Geller, President and CEO at Marriott Vacations Worldwide (VAC) recently bought 5,000 shares. The buy increased his holdings by 5 percent, and came to a total cost of $564,200.

He was joined by the company CFO, who bought 1,800 shares at a cost just under $205,000, and who increased his stake by 16 percent. These mark the only insider buys over the past two years. Company insiders have been periodic sellers of shares otherwise.

» FULL STORY

Unusual Options Activity: Nordic American Tankers Limited (NAT)
Marine shipping company Nordic American Tankers Limited (NAT) is up over 65 percent in the past year. One trader sees the potential for a pullback in the weeks ahead.

That's based on the September 15 $4.50 puts. With 31 days until expiration, 9,620 contracts traded compared to a prior open interest of 224, for a 43-fold rise in volume on the trade. The buyer of the puts paid $0.60 to make the bearish bet.

» FULL STORY

IN OTHER NEWS
Markets Bet on No September Rate Hike

Traders see only about a 10 percent chance that the Federal Reserve will raise interest rates after its September meeting. That's following the latest inflation data showing a slight uptick after 12 months of declines, and as the job market has held steady with the creation of 187,000 jobs in July.
Russian Ruble Drops to Lowest Level Since Ukraine Invasion

The Russian ruble has slid in recent months, and has no reached its lowest level since the country first invaded Ukraine last year. The Russian Central Bank ahs raised interest rates to stabilize the currency, but that hasn't been enough in the wake of sanctions by Western nations.
Mastercard Buys Minority Stake in MTN's Fintech Business

Credit card giant Mastercard (MA) is buying a minority stake in the fintech division of MTN Group, the largest cellphone provider in Africa. The fintech business is valued at $5.2 billion. The parties will disclose the share size after the deal is completed. The deal will give MTN the payment and technical infrastructure for payments throughout Africa.
U.S. Steel Rejects $7.3 Billion Buyout Offer

U.S. Steel (X) has rejected a $7.3 billion offer from ore manufacturer Cleveland-Cliffs (CLF) following the offer on Sunday. U.S. Steel reported that it has received several unsolicited offer, and that the CLF offer would not have given the company time to perform due diligence. If such a deal went through, the combined entity would be one of the four largest steelmakers outside of China.
Nikola Recalls Most Trucks

Electric truck manufacturer Nikola (NKLA) has recalled most of its trucks, citing battery-related issues. A number of EVs have had battery defects resulting in fires or other damage to vehicles. The news sent shares down 10 percent on the day, and the stock is already down 70 percent over the past year.

S&P 500 MOVERS
TOP
NVDA 6.521%
MU 6.253%
STLD 5.064%
TDY 4.951%
GNRC 4.244%
BOTTOM
FTRE 12.99%
KEY 5.017%
FITB 4.318%
CFG 3.973%
CMA 3.914%

Quote of the Day
We firmly stick with our bullish call that a 12%-15%+ [rally] in tech stocks will be in the cards heading into year-end as the new tech bull market has begun in our opinion. Rome was not built in a day, and neither will the AI ecosystem but lets be clear this build out is unlike anything we have seen since the Internet in 1995 and the ramifications are just starting to ripple through the consumer/enterprise landscape.
- Dan Ives, analyst at Wedbush, on why the growth in AI in the coming years could lead to a big rally for tech stocks, even amid the latest pullback of the past few weeks.

Sponsored Content
If You're Not Entering Trades Like This...
Many companies are jumping on the A.I. bandwagon, hoping to ride the hype.

But amidst all the noise, finding the perfect A.I. tool that you can trust must be quite challenging.

I'm excited to introduce you to VantagePoint, a company that has been pioneering A.I. in the markets since the late 1980s: Save your seat to learn about it (for FREE) in front of a live audience.

With over three decades of experience, VantagePoint has honed its A.I. technology to provide traders like you with powerful, accurate, and reliable market predictions.

To put that into perspective, come bring your own ticker symbols to forecast LIVE (it's free).

Join Our FREE real-time A.I. Demonstration Here >


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

MUST-SEE: Everyone will be talking about this $2 trillion AI tech boom soon

Amazon's secret move just sparked a projected...                                                                                        ...