News: 09/08/23

Friday, September 8, 2023

Here's how to trade RSI effectively

For intermediate to advanced traders…

Have you ever wanted to learn how to trade RSI better?
To be able to understand momentum better?
To look at the RSI indicator and know more than just it's overbought when above 70 and oversold when below 30?

Having a deep understanding of RSI and momentum is what allows so many great traders to make consistent profits regardless of whether the market is going up or down.

And that's why I was super excited when my friend and Wall Street analyst, Hima Reddy, told me she had come out with a brand new book showing exactly how to trade the RSI for maximum effectiveness.

She calls the system she teaches in The Winning RSI Playbook™ the "unfair advantage" that Wall-Street Traders use to make money in any market ... Bull or Bear…

The Winning RSI Playbook™ allows you to:

Use RSI momentum to stop "guessing" -- and trade instead on where the market is already headed…
Discover how to spot "turning points" that often make ideal entries or exits…
Protect against drawdowns by reducing exposure when momentum slows…
And so much more...

And to celebrate its launch, she's giving away 500 copies for FREE today.

So if you're looking to improve your trading skills, then make sure to click here to grab a copy of her book today while it's free.

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Think tank: Marcos lost a key economic reformer

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September 9, 2023

Good day. Here are the most important news stories that you need to know.

Think tank: Marcos lost a key economic reformer

President Marcos lost a key reformist in his administration with the forced resignation of Finance Undersecretary Cielo Magno over policy differences, according to a private think tank advocating economic and governance policies to promote Philippine development.

By Nestor Corrales and Ronnel W. Domingo

Marcos hails Aussie PM's backing on SCS

President Marcos and Australian Prime Minister Anthony Albanese signed a strategic partnership agreement on Friday expanding cooperation in various fields, including defense and security, in a move seen to counter China's growing regional influence.

By Nestor Corrales

BICOLANDIA FERVOR With their numbers apparently back to prepandemic level, devotees of the Our Lady of Peñafrancia troop to Naga City on Friday to honor the patroness of the Bicol region, whom they also call reverently as "Ina" (mother). Up to 1,500 policemen were mobilized to watch over the feast, one of the biggest Marian festivals celebrated in the country. —𝘔𝘈𝘙𝘒 𝘈𝘓𝘝𝘐𝘊 𝘌𝘚𝘗𝘓𝘈𝘕𝘈

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3rd Ayungin supply mission since water cannon incident again piques China

The Armed Forces of the Philippines said it had completed another "rotation and reprovisioning" (RoRe) mission to grounded warship BRP Sierra Madre at Ayungin (Second Thomas) Shoal in the West Philippine Sea.

By Dexter Cabalza, Marlon Ramos

OPINION

Running circles around SIM card law

It's too early to conclude after only 11 months that the subscriber identity module (SIM) registration law is a failed experiment, but even its defenders must admit that it is teetering close to it. Since its enactment in October 2022, the envisioned benefits of the SIM Registration Act have borne little fruit, and any sign of progress has been muted at best.

By Editorial

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Today's Bonus Content: This is the #1 Stock to Buy for the AI Tidal Wave

This Fashion Month, Let’s Take Care of Ourselves First🧘🏽

WHAT YOU NEED TO KNOW TODAY: SATURDAY, SEPTEMBER 9, 2023

NEW YORK — Going from the leisurely pace of August straight into the throes of New York Fashion Week can feel a little like whiplash. And then when it all starts, there are so many things happening, often all at the same time, on different sides of the city, it is impossible to do everything.

On Thursday night, New York mayor Eric Adams officially kicked things off with a CFDA cocktail at Gracie Mansion, declaring that "Fashion is New York, and New York is fashion." Both he and CFDA chairman Thom Browne spoke of the pressure required to create diamonds — and other beautiful things, like fashion collections.

There is truth in the idea that sometimes incredible bursts of creativity can come in the final few days before a big show, which acts as a forcing mechanism to focus the mind and get shit done. But we are not the same after Covid-19. Some of us are tired of all the pressure and expectations that come from working in such a fast-paced industry.

That's why BoF hosted a (truly) intimate dinner on Wednesday evening with Google — before NYFW officially started — to bring together our American fashion family in a more relaxed atmosphere to ease into things a little. It was especially wonderful to have so many designers join us even though they were in the thick of preparing for their shows and presentations.

Tory Burch, Jason Wu, Prabal Gurung, Phillip Lim, Wes Gordon, Sergio Hudson, Carly Mark from Puppets and Puppets and many more designers turned out for our family-style dinner. Being in that room, with all of those creative and talented people, served as a wonderful reminder of why we do what we do. And the fact that they all took time to attend is a sign that people are changing their priorities.

Joseph Altuzarra, who was preparing for his show, also popped over from his studio to say hello. I shared with him that I often feel my anxiety rising just by being at NYFW, and that is why I have largely stayed away even after the lockdowns ended. That opened up an opportunity for Joseph to share his own struggle with anxiety. I'm not sure this conversation would have happened pre-Covid.

I made a commitment to myself during the pandemic to plan my work travel with more intention and purpose, and not the fear of missing out, or feeling like I have to be everything, everywhere, all at once. That's why this fashion month, I plan to take care of my physical and mental health so I can do my best work. No pressure required.

Wishing you all a good weekend — and a healthy, happy fashion month.

Imran Amed, Founder, CEO and Editor-in-Chief, The Business of Fashion

P.S. This week, BoF Insights and Quilt.AI released The BoF Brand Magic Index to examine if customers see a brand the same way a brand sees itself. The Index quantifies and ranks 50 global luxury and fashion labels using AI-driven analysis of tens of thousands of social media posts by brands and their customers.

Here Are More Top Picks From Our Analysis of Fashion, Luxury and Beauty:

1. Pinault Buys Majority Stake in Talent Agency CAA. Pinault family holding Artémis is acquiring private equity firm TPG's stake in the Hollywood talent giant in a deal that values the business at $7 billion.

2. Coach's 10-Year Quest to Be More Than a Handbag Brand. Creative director Stuart Vevers, who is celebrating a decade with the brand, brought apparel to Coach and has quietly built it into a nearly $740 million-a-year business.

3. Can Peter Do Restore Helmut Lang to Its Former Glory? 'More than ever we need non-fussy clothing,' the designer told BoF in a preview of his debut collection for Helmut Lang — the once-groundbreaking label's first outing in four years.

4. Fforme: A Quiet Luxury Label Making Noise in New York. 'I think New York is hungry for the level of quality we offer,' says designer Paul Helbers ahead of Fforme's runway debut on Sunday.

5. At Helmut Lang and Coach, a Debut and a Decade Later. On the first two days of New York Fashion Week, designers Peter Do and Stuart Vevers showcased their takes on storied brands.

The BoF Podcast

Within a decade, Colm Dillane, the New York-based founder and designer of streetwear sensation KidSuper, went from selling T-shirts to fellow students out of his New York University dorm room to winning the the Karl Lagerfeld Special Jury Prize at the LVMH Prize in 2021 and designing a one-off menswear collection for Louis Vuitton.

But it wasn't a straight shot to success. The now 32-year-old has had to learn the ropes of fashion the hard way, maxing out his bank account, taking risk after risk to figure out how to transform his creativity into a bonafide business.

This week on The BoF Podcast, I sit down with Dillane to discuss his journey as a designer and his lessons for emerging fashion designers and entrepreneurs.

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