🤑 This Year’s Winning Asset Could Fare Even Better In 2024

Good morning. 2023 has been a great year for stocks, with the markets rebounding strongly from...

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. 2023 has been a great year for stocks, with the markets rebounding strongly from last year's bear market. The Dow even hit a new record high last week. Bonds aren't having a great year thanks to rising interest rates, but they're well off their lows from the fall. But the real winner has been bitcoin. It's had a triple-digit return, more than doubling from under $20,000 to over $40,000 this year. And 2024 is likely to see the approval of a bitcoin ETF, on top of the cryptocurrency's next halving. Plus, an accounting rule change will make it easier for companies to handle holding bitcoin on their balance sheets. It's not too late to get into this trade yet, and given the volatility, any 10 percent drop or higher in bitcoin in the next few months looks like a strong buying opportunity. A few companies also already have bitcoin on their balance sheet, or play to the space directly, and could fare better than bitcoin itself in the next 12 months. Now here's the rest of the news: Sponsored Content Option Strategy with 97% Accuracy in Today's Market Have you seen this man? You're not alone. Most people have never heard of Jim Fink. A maverick options trading strategy that has not taken a single loss this year. In fact, it has a 97% accuracy at hitting winners over the past 8 years! So how on earth does he do it? (especially in THIS market) Jim has agreed to reveal his personal options technique in a rare, one-on-one interview. In it, he shares the details of the strategy that enabled him to... Quit the working world and retire early as a multi-millionaire Turn potentially losing trades into winners, giving him one of the top track records I've ever seen (both on and off Wall Street) Works equally well in both bear and bull markets. You Can Access This Rare, Eye-Opening Interview Here. MARKETS DOW 37,305.16 +0.15% S&P 4,719.19 -0.01% NASDAQ 14,813.92 +0.35% *As of market close • Stocks traded mixed on Friday, but closed higher for the 7th consecutive week. • Oil traded flat, closing at $71.62 per barrel. • Gold dipped 0.5 percent, ending trading at $2,034 per ounce. • Cryptocurrencies trended lower, with Bitcoin trading at $42,250 at the stock market close Today's TOP TIPS Invest With Stocks the Market Loves That Still Go for a Reasonable Price Buying a great company sounds easy in theory. But over time, a company's fortunes can ebb and flow. That also leads to big changes in valuations. Investors who target an up-and-coming company that still trades like a value stock can potentially see great returns. That's especially true for a company that can tap into one of today's many high-growth trends. Combining high growth with a reasonable value is a recipe for finding great stocks to buy and hold. » FULL STORY Insider Activity Report: J.M. Smucker (SJM) Tarang Amin, a director at J.M. Smucker (SJM), recently bought 1,000 shares. The buy is an initial stake for the director, who paid about $125,000 for the stock. This marks the first insider buy at the company over the past two years. Otherwise, company insiders have been regular sellers of shares. That includes traditional stock sales as well as sales following the exercise of stock options. » FULL STORY Unusual Options Activity: Valley National Bancorp (VLY) Regional bank Valley National Bancorp (VLY) is near 52-week highs and nearly double off its lows from the spring. One trader sees the bank moving even higher in the coming months. That's based on the March 2024 $12 calls. With 88 days until expiration, 7,589 contracts traded compared to a prior open interest of 149, for a 51-fold rise in volume on the trade. The buyer of the calls paid $0.50 to make the bullish bet. » FULL STORY IN OTHER NEWS • Central Banks Mixed on Potential Rate Cuts Most of the world's major central banks have stopped increasing interest rates. A few are starting to look at potential rate cuts next year, including the Federal Reserve. However, other central banks have yet to make that commitment, including the Bank of England and the European Central Bank. That may mean cuts later, or earlier if there's a crisis in financial markets. • China's Economy Shows Continued Slowdown The Chinese economy showed further signs of slowing down in November, with investment and consumer spending coming in lower than expected. An ongoing real estate crisis is weighing on the country. China ended the last of its last Covid lockdowns a year ago, a move that was expected to lead to a faster-growing economy this year. • Oil Prices Move to Contango Crude oil prices jumped higher last week, but the futures market shows signs of contango. That's a pattern showing that most traders expect the price to be lower in the months ahead, not higher. Typically, such contango patterns in the futures markets are a poor sign for prices going forward. • Coal Demand Set to Decline The International Energy Agency expects coal demand to decline 2 percent over the next three years, as China's slowing growth and increasing investments in renewable energy reduce demand. This is the first time predictions have been to the downside over the last three-year period. Coal is on track to hit 9.4 billion tons of demand for 2023. • Spotify Tests AI Playlist Feature Podcast giant Spotify (SPOT) is developing an AI feature allowing users to create playlists from prompts. The feature is in the testing phase right now, with some users getting access to see how they respond to AI-created playlists. Spotify has not committed to a full launch date yet. S&P 500 MOVERS TOP FSLR 6.585% STLD 4.525% JD 4.459% COST 4.445% BA 3.134% BOTTOM EXC 6.359% SIRI 5.097% AEE 4.386% ZION 4.007% LEN 3.572% Quote of the Day I wouldn't be short on [mega cap tech] because they do grow their earnings a lot faster than everybody else does. But we are looking for the rally to broaden so I would look elsewhere for now. - Bankim Chadha, Deutsche Bank chief U.S. equity and global strategist, on why the stock market could move higher in 2024, driven by rallies in the hundreds of companies that aren't the mega-tech giants. Sponsored Content Option Strategy with 97% Accuracy in Today's Market Have you seen this man? You're not alone. Most people have never heard of Jim Fink. A maverick options trading strategy that has not taken a single loss this year. In fact, it has a 97% accuracy at hitting winners over the past 8 years! So how on earth does he do it? (especially in THIS market) Jim has agreed to reveal his personal options technique in a rare, one-on-one interview. In it, he shares the details of the strategy that enabled him to... Quit the working world and retire early as a multi-millionaire Turn potentially losing trades into winners, giving him one of the top track records I've ever seen (both on and off Wall Street) Works equally well in both bear and bull markets. You Can Access This Rare, Eye-Opening Interview 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 Subscriptions | report SPAM