Apprenticeships: blazing a trail to middle class success

Calling all apprentices – apply to be a Trailblazer! U.S. Department of Labor August 17, 2023 Introducing the Apprentice Trailblazer Initiative Are you a current or graduated apprentice? Do you love sharing your experiences as a Registered Apprentice? Are you looking for opportunities to network and gain professional skills? Apply for our new Apprentice Trailblazer Initiative. Acting Secretary of Labor Julie Su said the initiative "builds on the Biden-Harris administration's strategy to empower workers by promoting pathways to the middle class through this proven earn-as-you-learn model and advances our efforts to expand equitable access to good jobs for historically underserved communities." Free online seminars on updated Davis-Bacon regulations for federal contractors Want to learn more about our new rule updating the Davis-Bacon and Related Acts Regulations? Register to attend our free webinars on Sept. 13 and 14. Protecting employee benefit plan assets A federal judge has issued a preliminary injunction against the fiduciaries of a Chicago-based multiple employer welfare arrangement to protect the fund's remaining assets after a department investigation alleged its fiduciaries and counsel misused more than $2.8 million in fund assets, and that they continue to mismanage the fund. Funding available to support disabled youth employment We're making more than $69 million available over a five-year budget period to help connect young people with disabilities to good jobs. $712K to resolve discrimination allegations We've entered into a conciliation agreement with a Raytheon subsidiary to resolve alleged discrimination against Black applicants for assembler positions at a Minnesota facility. Rosemount Aerospace has agreed to pay $712,500 in back wages and interest to the affected applicants. The company will also make employment offers to 26 identified class members. IN CASE YOU MISSED IT Stay Out, Stay Alive Do you know the most common dangers at abandoned mines? MSHA's Stay Out, Stay Alive campaign highlights the hazards. Women, work and safety The Women's Bureau has several programs related to gender equity and workplace safety and health. Worker organizing Microsoft embarked on a new collaborative approach to labor relations when it recognized its first union earlier this year. South Sudan advisory We've joined the Departments of State and Commerce to alert U.S. businesses about the risks of doing business in South Sudan due to the government's complicity in human rights violations. An essential safety net The Department of Labor is committed to strengthening our unemployment insurance system and protecting workers. Cybersecurity investment We've received $15.2 million to strengthen IT security, protecting the people who rely on us for critical information and services. Fatality findings OSHA investigators found an Ohio foundry failed to follow required safety procedures, leading to a steam explosion that killed one worker and injured 15. EMPLOYER RESOURCE How to attract veterans to your workplace Proven leadership, a mission-focused approach, adaptability and creative problem-solving are just a few of the skills veterans bring to the workplace. Here are five tips to help attract veterans to your organization. POST OF THE WEEK We are grateful to the first responders and other workers who battle wildfires and save lives – often at great risk to themselves. If you're working in wildfire smoke, seek medical attention immediately if you: can't stop coughing have chest pain have difficulty breathing See info for employers and workers on reducing smoke exposure: https://lnkd.in/gnTsYS9W -@Department of Labor LinkedIn   IN THE NEWS The Francene Marie Show: What to do if you have issues with health insurance, pension or 401K The Seattle Times: Mushroom company fined over several violations of farmworkers' rights KSLA Louisiana: Dept. of Labor gets judgment to recover $47k in back pay after Shreveport security company denied overtime wages New Hampshire Union Leader: $215K in back wages, damages recovered for 47 workers denied OT at two NH restaurants SUBSCRIBE SEND FEEDBACK ARCHIVE U.S. Department of Labor 200 Constitution Ave NW, Washington, DC 20210 www.dol.gov | 1-866-4USADOL (1-866-487-2365) Do not want to get emails from us? You can unsubscribe here. (We will miss you!) If you are having trouble viewing this newsletter, please go to https://www.dol.gov/newsroom/newsletter/ This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: United States Department of Labor · 200 Constitution Ave NW · Washington, DC 20210 · 1-866-4-USA-DOL (1-866-487-2365)

Value stocks have struggled to keep pace since the end of January 2004... That's when the Vanguard Value Fund (VTV) and Vanguard Growth Fund (VUG) debuted.

This ETF Goes Where Few Investors Do Today By Marc Gerstein, director of research, Chaikin Analytics Value stocks have struggled to keep pace since the end of January 2004... That's when the Vanguard Value Fund (VTV) and Vanguard Growth Fund (VUG) debuted. VTV has beaten VUG from time to time since then. But over the long run, VUG is the clear winner. Since inception, it's up around 240%. Meanwhile, VTV is only up about 100%. Last October, even value-oriented hedge-fund manager David Einhorn seemed frustrated... Einhorn bemoaned the de-emphasis on classic security analysis. He noted that many value analysts had left the field. And he told Bloomberg, "I don't know that it ever comes back." But there's another side to this coin... With fewer pros on the job, as Einhorn continued, "There's an enormous number of companies that are dramatically misvalued in ways that we haven't seen before." In other words, if you know where to look... an opportunity exists in deep-value stocks. In 2014, Roundhill Investments launched the Roundhill Acquirers Deep Value Fund (DEEP) to look for these types of stocks. And today, the Power Gauge loves this opportunity... Recommended Links: What Wall Street's Watching This Week Half of the top 300 financial institutions, the Department of Defense, and the brightest minds at Harvard University, London Business School, and the University of Chicago await one man's prediction for the rest of 2023. Don't be left out. Click here for his new stock warning. Top 5 AI Stocks to Invest in 2023 Investors are getting very rich in AI stocks right now. And according to 50-year Wall Street legend Marc Chaikin, FIVE companies that Wall Street is buying hand-over-fist need to be on your radar immediately. Click here for their names and tickers. DEEP tracks an index developed by Tobias Carlisle. If you're not familiar with Carlisle, he's the author of value-investing classics Deep Value and The Acquirer's Multiple. First, the exchange-traded fund ("ETF") eliminates the largest 25% of stocks by market cap. Investors are less likely to deeply undervalue these widely followed stocks. Then, DEEP scores each stock based on the so-called "acquirer's multiple." That's enterprise value divided by earnings before interest, taxes, depreciation, and amortization ("EBITDA"). According to Carlisle, this approach values the company in the same way someone would if they were considering whether to acquire it. In other words, it's value through the eyes of the folks who put their money behind their opinions. Finally, DEEP goes through a series of steps I haven't seen in any other value-focused ETF. It does the kinds of things a human securities analyst would do... It calculates indicators of earnings manipulation and financial distress. It compares the stock's price relative to a conservative valuation estimate. It evaluates financial strength. And it considers the company's ability to generate free cash flow. Finally, a forensic-accounting analysis considers financial-statement footnotes and management's discussion and analysis. The index scores each company for every factor. After the analysis is complete, DEEP invests equally in the 100 companies with the highest scores. And it refreshes the portfolio once per quarter. In the following table, you can see that DEEP is a much better value than VTV today... If you've invested at all, you probably recognize these metrics. They're well-known valuation ratios – projected price-to-earnings (P/E), price to sales, and price to free cash flow. Nowadays, it's hard to find stocks that are undervalued in terms of all three metrics. It usually only happens with struggling companies. But that's not true with DEEP's portfolio... The fundamentals of the 100 companies in DEEP are solid, too. Take a look... Return on equity is a premier measure of company quality. It shows the company's profits as a percentage of shareholders' capital. As you can see, DEEP's holdings fare well in this category. And they compare favorably in terms of projected future earnings-per-share ("EPS") growth. When we combine low valuations with good fundamentals, we have genuine value! Right now, the Power Gauge sees a buying opportunity in DEEP... Our system is "very bullish" on the ETF today. And its Power Bar ratio is firmly in the green zone. DEEP has 36 "bullish" or better holdings. And only seven holdings are "bearish" or worse. Best of all... we could be nearing a time when the market better appreciates deep value. The ETF's relative strength was poor for several months. But thanks to the Power Gauge, I know it's now inching closer to green again. In other words, many investors are shifting back to deep-value stocks. I won't go as far as saying that value will now beat growth over the long term. But the Power Gauge is telling us that this classic approach is worth considering – at least for now. Good investing, Marc Gerstein Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral     Bearish Dow 30 -0.53% 12 14 4 S&P 500 -0.73% 145 258 96 Nasdaq -1.06% 46 46 7 Small Caps -1.23% 499 968 472 Bonds -0.71% — According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are somewhat Bullish. Major indexes are mixed. *  *  *  * Sector Tracker Sector movement over the last 5 days Health Care -0.27% Information Technology -1.09% Communication -1.49% Utilities -1.74% Staples -1.83% Energy -1.86% Financial -1.90% Industrials -1.90% Materials -2.29% Discretionary -2.38% Real Estate -2.88% *  *  *  * Industry Focus Transportation Services 12 25 8 Over the past 6 months, the Transportation subsector (XTN) has underperformed the S&P 500 by -4.43%. However, its Power Bar ratio, which measures future potential, is Strong, with more Bullish than Bearish stocks. It is currently ranked #10 of 21 subsectors and has moved up 2 slots over the past week. Top Stocks MATX Matson, Inc. R Ryder System, Inc. SNDR Schneider National, *  *  *  * Top Movers Gainers PGR +8.87% MKTX +5.49% ALL +4.44% TJX +4.13% TGT +2.96% Losers JKHY -7.04% RMD -5.01% MPWR -4.81% SEDG -4.52% AMT -4.13% *  *  *  * Earnings Report Reporting Today Rating Before Open After Close WMT AMAT ADI, TPR KEYS, ROST BBWI No earnings reporting today. Earnings Surprises PGR The Progressive Corporation Q2 $0.42 Missed by $-0.93 TGT Target Corporation Q2 $1.80 Beat by $0.38 TJX The TJX Companies, Inc. Q2 $0.85 Beat by $0.08 CSCO Cisco Systems, Inc. Q4 $1.14 Beat by $0.08 SNPS Synopsys, Inc. Q3 $2.88 Beat by $0.14 *  *  *  * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here. You're receiving this e-mail at STEVENMAGALLANES520.NIMS@BLOGGER.COM. For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized investment advice. © 2023 Chaikin Analytics, LLC. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Chaikin Analytics, LLC. 201 King Of Prussia Rd., Suite 650, Radnor, PA 19087. www.chaikinanalytics.com. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Chaikin Analytics, LLC, does not recommend or endorse any brokers, dealers, or investment advisors. Chaikin Analytics forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Chaikin Analytics, LLC (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.