😑It’s Your Last Chance to Make Some Smart Moves for 2023

Good morning. Three trading days remain for the year. And while it's been a much better year for...

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. Three trading days remain for the year. And while it's been a much better year for investors than 2022, there are still a few things that investors can do to maximize their returns. First, for any losses this year, the IRS will allow a deduction of up to $3,000. That can be used to offset any gains. Next, for those with a 401(k) balance from an old job, the IRS will allow plan administrators to kick out anyone with a balance under $7,000 starting in 2024. So now may be a good time to cash it out and move it to a rollover IRA now. Doing so could avoid being kicked out of a plan, which may incur taxes and penalties. While these moves may not be as exciting as trading, the money saved can be worth more than the profits of a trade. Make sure you're maximizing your returns by minimizing your taxes and fees before the end of the calendar year. Now here's the rest of the news: Sponsored Content All Time High Markets: What's Next? All Time High Markets: What's Next? Options traders are flocking to this stock before the new year like never before, and the reasons are mind-blowing. The stock market has surged to new all time highs, propelled by the Fed's pivot, fostering an atmosphere of euphoria across the markets. Here's the thing: while things seem great, the opportunity to do better always exists. Curious about a smarter way to forecast trend reversals, like this? Twist Bioscience ($TWST) saw over 63% gains in 28 days! Please note examples are from past data and so are success stories. Trading involves financial risk and is not suitable for all investors. Past results do not guarantee future performance. Fear of missing out wants you to rush to the markets... Or maybe you've had some fantastic trades, but let's challenge that. What if you could consistently spot those reversals effortlessly and turn each trade into an even greater success story? This "All-time high" strategy will help you master your trading impulses. It boils down to forecasting trend reversals to maximize every trading opportunity. MARKETS DOW 37,545.33 +0.43% S&P 4,774.75 +0.42% NASDAQ 15,074.57 +0.54% *As of market close • Markets moved higher on Tuesday, after the holiday weekend. • Oil rose 2.2 percent, closing at $75.16 per barrel. • Gold rallied 0.5 percent, ending trading at $2,079 per ounce. • Cryptocurrencies generally declined, with bitcoin at $42,181 at the stock market close. Today's TOP TIPS A Rotating Market Means Buying Underperforming Stocks Now Stocks have had a strong year in 2023. But the past few weeks has seen stocks start to rotate. The big-cap tech stocks that dominated returns for most of the year are slowing down. Other sectors are starting to lead. That suggests that investors may fare well investing with companies that have been underperforming lately. They could see above-average returns, and help keep markets trending higher. » FULL STORY Insider Activity Report: Baker Hughes (BKR) William Beattie, a director at Baker Hughes (BKR), recently bought 4,000 shares. The buy increased the director's stake by 30 percent, and came to a total cost of $89,368. This is the first insider buy since July 2022, when another company director bought 10,000 shares at a similar price. Otherwise, company executives have been regular sellers of shares, mostly following the exercise of stock options. » FULL STORY Unusual Options Activity: Aspen Aerogels (ASPN) Specialty insulation producer Aspen Aerogels (ASPN) is up 27 percent over the past year, slightly beating out the overall stock market. One trader expects further outperformance in the coming half year. That's based on the July 19th $22.50 calls. With 204 days until expiration, 7,013 contracts traded compared to a prior open interest of 180, for a 39-fold rise in volume on the trade. The buyer of the calls paid $1.50 to make the bullish bet. » FULL STORY IN OTHER NEWS • Index Investing Booms Amid Strong Year for Returns 2023 is set to be a record year for capital flowing into index investments. These funds make passive investments in the market, rather than trying to trade a sector or theme. Index investing took a massive hit in 2022's bear market, as a balanced portfolio of both stocks and bonds saw a double-digit decline. • Adjustable-Rate Mortgages Fall Out of Favor with Buyers Potential home buyers are shying away from adjustable-rate mortgages. Typically, these mortgages start with a teaser rate lower than a fixed-rate mortgage. But later, the rates will change higher or lower along with interest rates. While rates are expected to decline next year, buyers are still losing interest in this part of the market. • Bristol Myers Makes $4.1 Billion Bid for RayzeBio Bristol Myers Squibb (BMY), is acquiring drugmaker RayzeBio in a deal valued at $4.1 billion. BMY will gain access to RayzeBio's late-stage targeted cancer therapy. This is the second deal in the span of a week announced by BMY, shortly before two of its major drugs start to face generic competitors. • Tesla Recalling 120,000 Cars Over Door Dangers Tesla Motors (TSLA) is recalling 120,000 of its vehicles, the 2021-2023 Model S and Model X. Those models have the increased danger of an unlocked door opening during a crash, which could increase the risk of injury or further injury. Tesla has already sent out a software update, but will also notify owners by mail. • Cisco Leads 2023 Tech M&A 2023 has been a slow year for mergers and acquisitions (M&A), as many major tech giants stepped back from big deals. That includes a total of zero deals in the third quarter of the year. Router and equipment manufacturer Cisco (CSCO) topped the list with 11 total deals in 2023. S&P 500 MOVERS TOP INTC 5.187% APA 3.734% MPWR 3.157% EIX 3.116% AMD 2.74% BOTTOM ETSY 2.731% NCLH 2.578% CCL 1.743% BMY  1.673% ABNB 1.502% Quote of the Day Overall we think a consolidation in the 4600-4800 range over coming weeks is likely, with ongoing rotation beneath the surface. The risk of a downside price move appears to be elevated given the vol surface, but that might not happen until the calendar flips into '24. Either way we would stay on your toes and don't get too complacent here. - Jonathan Krinsky, analyst at BTIG, on the market's recent moves the past few trading days, which could result in a mini-pullback in the next week or two before stocks continue higher. Sponsored Content We Called It - +37% Gains in 32 Days! What's Next? We Called It +37% Gains in 32 Days! What's Next? Unless you've been living under a rock, you know that the market's hope of a soft landing drove a rally last week. But what you probably don't know is which stock soared nearly 30% in just 10 days. ✅️ Locking into ripe stocks ✅️ Forecasting 1 - 3 days in advance ✅️ Quickly sorting through thousands of stocks and being confident in the ones carrying maximum momentum That's when you can find hidden opportunities like this: Please note examples are from past data and so are success stories. Trading involves financial risk and is not suitable for all investors. Past results do not guarantee future performance. Boeing (BA) saw nearly 38% gains in 32 DAYS! And VantagePoint artificial intelligence called it. And these stocks are up next, for next week > 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. 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