Friday, May 24, 2024

🚨 Axios PM — Scoop: Big Trump win

Plus: 🎞️ Hot summer movies | Friday, May 24, 2024
 
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Axios PM
By Mike Allen · May 24, 2024

🏖️ Happy getaway Friday! Smart Brevity™ count: 669 words, a 2½-min. read. Thanks to Zachary Basu for orchestrating and Sheryl Miller for copy editing.

 
 
1 big thing — Scoop: Schwarzman backs Trump
Stephen Schwarzman is interviewed in Tokyo in March. Photo: Noriko Hayashi/Bloomberg via Getty Images

Stephen A. Schwarzman — chairman, CEO and co-founder of Blackstone, the private equity and real estate giant — tells Axios he will support Donald Trump as a "vote for change."

  • Schwarzman said he plans to donate to Trump and various Republican Senate candidates.

Why it matters: The endorsement gives Trump access to a potent network of Republican donors Schwarzman has cultivated. Trump also could get a new look from some business leaders who have been reluctant to back him.

Schwarzman, a billionaire and lifelong moderate Republican, was one of Trump's most visible business supporters when he was in the White House.

  • But ahead of this year's GOP primaries, Schwarzman called for "a new generation of leaders." Schwarzman wound up not backing a primary candidate.

Axios is told Schwarzman's concern about rising antisemitism sped his decision to re-embrace Trump, along with concerns about President Biden's policies.

  • "The dramatic rise of antisemitism has led me to focus on the consequences of upcoming elections with greater urgency," he says in a statement to Axios.
  • "I share the concern of most Americans that our economic, immigration and foreign policies are taking the country in the wrong direction. For these reasons, I am planning to vote for change and support Donald Trump for President. In addition, I will be supporting Republican Senate candidates and other Republicans up and down the ticket."

Keep reading.

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2. 🇺🇳 ICJ orders Israel to halt Rafah offensive
Palestinians grab aid from a truck delivered through a U.S.-built pier in Gaza. Photo: Majdi Fathi/NurPhoto via Getty Images

The International Court of Justice ruled that Israel "must immediately halt" its military operation in Rafah — the Hague-based court's first order about the war in Gaza, Axios' Barak Ravid reports.

  • Why it matters: The court has no way of enforcing its orders, but the ruling is the latest sign of mounting international pressure on Israel to end the war.

Israel's government remains defiant about continuing the war, but pledged in a statement to "act, in full compliance with the law, to reduce as much as possible the harm caused to the civilian population in Gaza."

  • Earlier today, the Israel Defense Forces announced it had recovered the bodies of three more hostages held by Hamas. 125 are still suspected to be in captivity.

Keep reading. ... Egypt agrees to lift aid pause.

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A message from the Healthcare Distribution Alliance

The logistics experts of health care
 
 

Distributors work hard to ensure medicines reach pharmacies and hospitals — from the biggest cities to the smallest towns.

Learn more about how the industry gets medicines to patients and supports providers on the front lines to ultimately foster a more resilient supply chain.

 
 
3. ⚡ Catch up quick
Morgan Spurlock

Movie poster for "Super Size Me," via IMDB.

 
  1. 🍔 Documentary filmmaker Morgan Spurlock — whose 2004 film "Super Size Me" tracked the physical and mental effects of eating nothing but McDonald's for 30 days — died at 53 of complications of cancer. N.Y. Times obituary (gift link).
  2. 🇷🇺 Vladimir Putin is ready to halt the war in Ukraine with a negotiated ceasefire that recognizes the current battlefield lines, four Russian sources told Reuters, saying he is prepared to fight on if Kyiv and the West don't respond. Go deeper.
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4. 🎥 1 for the road: Hot summer movies
Coming July 26: Ryan Reynolds (left) as Deadpool/Wade Wilson and Hugh Jackman as Wolverine/Logan in "Deadpool & Wolverine." Image: 20th Century Studios/Marvel Studios/AP

"Barbenheimer" is an impossible act to follow — especially for a Hollywood that's entering the heart of the summer movie season with fewer superheroes and a landscape vastly altered by the strikes.

  • Why it matters: Hollywood is being forced to chart a new direction after the strikes pushed "Mission: Impossible 8," "Captain America: Brave New World" and "Thunderbolts" to 2025, AP reports.
Coming June 14: In "Inside Out 2." Photo: Disney/Pixar/AP

This summer should have 32 wide releases and over 40 movies opening in 500+ theaters. Only one, "Deadpool & Wolverine," is a Marvel movie. And it's the only superhero movie until the "Joker" sequel in October.

  • Things kicked off in theaters this month with Ryan Gosling and Emily Blunt's "The Fall Guy" and "Kingdom of the Planet of the Apes."
  • June will begin with the fourth installment of "Bad Boys" and family-friendly "Inside Out 2," before the highly anticipated premiere of "The Bikeriders" starring Austin Butler.
Coming July 19: "Twisters." Photo: Universal Pictures/AP

July will bring the space-race rom-com "Fly Me to the Moon," "Twisters" and "Deadpool & Wolverine."

  • August has "Alien: Romulus" and the thrillers "Cuckoo" and "Trap," the latest twist-filled offering from M. Night Shyamalan.

🔮 What's coming: Week-by-week guide.

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A message from the Healthcare Distribution Alliance

How health care distributors help lessen the impact of drug shortages
 
 

Distributors know firsthand how supply chain disruptions like drug shortages affect patients, their families and health care providers.

Why it's important: Distributors are often the first call a pharmacist or provider makes to find an alternative therapy for a patient.

Learn more.

 
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IMPORTANT NOTICE: Trading Stock, Stock Options, digital assets, and their derivatives involves a substantial degree of risk and may not be suitable for all investors. Currently, digital assets are not specifically regulated by any agency of the U.S. government. Past performance is not necessarily indicative of future results. Prosper Trading Academy LLC provides only training and educational information. By visiting the website and accessing our content, you are agreeing to the terms and conditions. The testimonials contained in this communication were not solicited, no compensation was paid, are not necessarily representative of the experience of all students and Prosper has not verified the accuracy of the statements contained in any testimonial.

The above statements were unsolicited chats made by Prosper students in real time in Mike Shorr's live signals room. Although Prosper believes the statements to be true, Prosper has not verified whether the statements are true or accurate. Past performance is not necessarily indicative of future results. These statements are not necessarily representative of other students.

*Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

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This Isn't Always Obvious

Earnings beats don't always translate into immediate gains.
Drift Trader

Trader,

Most retail traders recognize that there is power in playing earnings, but a stock's price reaction after an announcement isn't always obvious.

Take Limestone Bancorp Inc. (LMST), for example. After beating analysts' expectations by more than 100% in January of 2021, the stock barely budged.

However, over the next 34 trading days, LMST rose more than 29% - that's the drift!

It would take significant time and effort to locate these earnings surprises. Plus, even more, to analyze each stock for its technical ability to climb.

Drift Trader takes care of these critical tasks by finding stocks ready to move and measuring their drift strength.

Log into Drift Trader to see what stock is on our alert list today.

Best,

The Drift Trader Team support@ino.com

Drift Trader is proudly powered by INO.com



Thank you for using INO.com.

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No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed. The past track record of any trading system or methodology is not necessarily indicative of future results. View full terms online at https://www.ino.com/help/copyright.html

All trades, patterns, charts, systems, etc. discussed are for illustrative pu rposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com.

Copyright 2024 INO.com. All Rights Reserved


Trader, here's your Drift Trader password!

Welcome to Drift Trader! After hearing from traders who were burned trying to profit from earnings season, we knew there had to be a better way.
Drift Trader

Trader,

Welcome to Drift Trader!

After hearing from traders who were burned trying to profit from earnings season, we knew there had to be a better way.

We spent months studying earnings and testing price-pattern theories and made a remarkable discovery...

When we took elements of the post-earnings-announcement drift (PEAD) phenomenon and applied our market analysis, we could find stocks capable of producing consistent and impressive gains.

Now you have access to see these stocks and their moves with your free test drive!

A few tips to get you going:

  1. Log in to Drift Trader using the password below. You can reset this password once you log in by visiting My Account.

    Your Password: gold1
  2. Please add drifttrader@ino.com to your email address book so you don't miss our emails.
  3. Visit the Drift Guide to learn how to read the drift gauge and use our other tools.

We'll send you a few emails over the next few days with tips on how to get the most from Drift Trader.

Welcome to the community!

The Drift Trader Team support@ino.com

Drift Trader is proudly powered by INO.com



Thank you for using INO.com.

INO.com, Inc. | 1 Pennsylvania Plaza, 39th Floor | New York, New York 10119

You can modify your email preferences or unsubscribe here.

No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed. The past track record of any trading system or methodology is not necessarily indicative of future results. View full terms online at https://www.ino.com/help/copyright.html

All trades, patterns, charts, systems, etc. discussed are for illustrative pu rposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com.

Copyright 2024 INO.com. All Rights Reserved


The 1 Stock To Have On your Radar As Hold Rallies!

The Market Buzz has Been Gold and This Stock! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­

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NGLD is the #1 Gold Company to Be Watching if Gold Extends its Rally in 2024!

Economic uncertainty could further support gold's rally to extend in 2024 and gold stocks, including Nevada Canyon Gold Corp. (OTC: NGLD).

Investors shouldn't ignore 2023's Gold Bull Rally as 2024 could bring even more gains. Precious metal gold finished 2023 at $2,062.40 per troy ounce, gaining 13% for the year after hitting an all-time high of $2,135.39. This was the highest annual close on record. Gold prices surged in the last few months of 2023 after a powerful rally was sparked by central bank purchasing and mounting investor interest.A unique combination of royalty and streaming business stability and accelerator growth potential provides a competitive business advantage for emerging company Nevada Canyon Gold (OTC: NGLD).

Focused on building and managing a diversified future cash-flowing portfolio, the company's management team has over 30 years of experience operating in Nevada with extensive contacts and knowledge within the mining industry and expertise in mineral property acquisitions and divestitures. CEO Alan R. Day, B.SC, is one of the most respected and connected mining professionals in Nevada. Today Nevada has developed into one of the largest gold producers in the world over the last 50 years and Nevada Canyon Gold Corp. (OTC: NGLD) is aiming to capitalize! The current mineral royalty marketplace is highly active and competitive, with several "well-financed" small to upper-tier royalty and streaming companies trying to gain market share within the sector. NGLD's management does not intend to compete with these successful, well financed royalty companies but instead will focus on becoming a source of royalty deals for them!

Learn how NGLD unique approach could help it grow immensely as another potential gold rally brews!


This message is a PAID ADVERTISEMENT for Nevada Canyon Gold Corp. (OTC: NGLD) from Sideways Frequency. StockEarnings, Inc receives a fixed fee for each subscriber that clicks on a link in this email, totaling up to $1,000. Other than the compensation received for this advertisement sent to subscribers, StockEarnings and its principals are not affiliated with either Nevada Canyon Gold Corp. (OTC: NGLD) or Sideways Frequency. StockEarnings and its principals do not own any of the stocks mentioned in this email or in the article that this email links to. Neither StockEarnings nor its principals are FINRA-registered broker-dealers or investment advisers. The content of this email should not be taken as advice, an endorsement, or a recommendation from StockEarnings to buy or sell any security. StockEarnings has not evaluated the accuracy of any claims made in this advertisement. StockEarnings recommends that investors do their own independent research and consult with a qualified investment professional before buying or selling any security. Investing is inherently risky. Past-performance is not indicative of future results. Please see the disclaimer regarding Nevada Canyon Gold Corp. (OTC: NGLD) on Huge Alerts website for additional information about the relationship between Sideways Frequency and Nevada Canyon Gold Corp. (OTC: NGLD).

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Today's Bonus Content: Download Your Earnings Data

Lance Ippolito is Posting three new trade alerts at 3 pm!

Your limited-time $500 Memorial Day discount is available
 
   
     

 MEMORIAL DAY SPECIAL
EXPIRES AT MIDNIGHT!

Hey! 

Thanks for checking out Lance’s broadcast. 

We hope you’re just as stoked as he is about targeting the three long weekend trades that he plans on posting at 3 pm Eastern today. 

Like he showed you today Lance has a history of posting some of the biggest weekend returns every time a holiday rolls by… Over this same weekend in the past, we closed out a 68% gain on RIVN.

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The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 5/23/24 through 8.13%, the average win rate is 70.2%. The average weighted rate of return on options trades was 8.13% over a 3 day average hold time.
 
   
 

What Are Buffett, Dalio, and Druckenmiller So Worried About?

U.S. Market has quietly entered the 'Dead Zone' Dear Reader, As the market hits new highs... and the general public is feeling ...