Thursday, August 17, 2023

Market Commentary: Major Market Warning Signal Fired

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The Burst for Thursday, August 17, 2023

 

     
 

Market Commentary: Major Market Warning Signal Fired

Within the last two weeks, a warning shot was fired by one of the market's leaders. All of a sudden, Apple broke from the pack, and fell post-earnings.

Word seemed to get out that the stock wouldn't rally on earnings because it broke a major technical support level by the close of day, right before earnings was released.

Since then, the stock has... Read the full story here

 
     

 

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Burst Content You May Have Missed

     
 

Market Commentary: 1 Brazilian Fintech Buffett Bought In Spades

The rise of financial technology (fintech) in Brazil has been a major force for change in the country's economy. Driven by technological innovation and fierce market demand, fintech has made financial services more accessible and efficient for millions of Brazilians.

One of the leading players in the Brazilian fintech space is... Get the full details here

 
     

 

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By clicking link you are subscribing to The Wealthiest Investor Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy
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Market Commentary: Little-Known Indicator Forecasts Market Plunge

Some indicators aren't well known or understood but can be highly effective when used by proficient traders. SKEW is one such indicator; it measures the perceived tail risk of the distribution of S&P 500 investment returns over a 30-day horizon.

The rule of thumb is when SKEW rises above 140, the risk of a market correction is elevated. But when combined with other indicators, it can be... Read the full article here

 
     

 

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By clicking the link you are subscribing to The Investor Newsletter Daily Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.
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Market Commentary: When To Sell Your Stock, Precisely

Buying stocks is easy but when should you sell them? Today we'll take a look at a specific example of precisely when to take profits, and move to the next best trading idea.

We're going to use Upstart for our case study. In the chart below, you can see Upstart was in a a bullish trend since early May. But it wasn't until July that the share price started to... Get the full details here

 
   

 

- G. O'Fiachra

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The hardest part of investing is…

Hey, Anthony here:

One thing you realize after a few years in the markets is that buying stocks is easy.

Some people buy after a detailed analysis of the company.

Others chase hot tips.

Some use specific signals and rules.

No matter how you decide to buy, it's usually the easiest part of any investment decision.

The hard part is deciding when to say goodbye and sell… 



 

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See, this stock market "spy bot" crawls the system to sniff out Wall Street capital flows that are virtually undetectable otherwise.

Once you know how to leverage this artificial intelligence-powered technology, you begin to see that the massive institutional money is often flowing in the exact OPPOSITE direction of what corporate financial media would have you think.

I mean, seriously: When was the last time Jim Cramer got it right?

His track record is so awful, there's now an "inverse Cramer" ETF you can buy to take the opposite side of every call he makes!

It's almost as if he's intentionally peddling bad information to the masses at Wall Street's benefit…

And he's not the only one.

That's why this stock market "spy bot" is such a game-changer for retail traders.

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  • 90% on Dish Network (DISH)...
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  • 340% on Alphabet Inc. (GOOGL)...
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Right now, this system is pointing to at least 3 new opportunities that could move this week…

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DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results.

CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

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Unemployment Insurance Weekly Claims Report Update

You are subscribed to Unemployment Insurance Weekly Claims Report for the U.S. Department of Labor. This information has recently been updated.

In the week ending August 12, the advance figure for seasonally adjusted initial claims was 239,000, a decrease of 11,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 248,000 to 250,000. The 4-week moving average was 234,250, an increase of 2,750 from the previous week's revised average. The previous week's average was revised up by 500 from 231,000 to 231,500.

Read the full news release.


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