While the market historically slows down, and even tends to have a mild correction in the early summer, especially following a strong spring, this year the market seems content to trend higher. Trading data shows a more even balance between call and put trading, indicating that traders aren’t betting on a big move either way from here.
That suggests a more sideways market in the coming weeks. That’s fine for most investors with a buy-and-hold view. And for those who use options for income, such as those who sell covered calls on stocks. It may also be a sign that traders should scale back now, until a clearer market trend emerges.
Now here’s the rest of the news:
How to Accurately Plan for Retirement (Time Value Calculations)
Planning for tomorrow’s retirement expenses in today’s dollars is a challenge, to say the least. Today we explore two methods that can help you fine-tune your retirement planning… [Read Here]
Yellen Shocks Investors with Strange De-Dollarization Comment
The global de-dollarization drive is accelerating, with more nations jumping on the bandwagon every day. According to Treasury Secretary Janet Yellen, the rest of the world isn’t “dumping the dollar”… [Read Here]
July 18, 2022
Retail spending is up, but it’s also slowing. That’s a sign that the economy may be slowing down, and with it, inflation. Two trends are also showing signs that inflation may have already peaked. Gas prices have come down significantly in the past few weeks. And companies are starting to put excess inventory on sale.
The biggest sign came from Amazon (AMZN). During last week’s Prime Day, the company had some of its largest discounts ever, some as high as 79% off. And while many retailers will often raise prices before showing a discount, this marked some of the steepest deals yet issued by the retailer.
Traders should be mindful of this data, and be wary of investing in companies where a slowdown in sales or steep discounts are likely – as both will hit profit margins and lead to some sizeable losses in the next few quarters.
Now here’s the rest of the news:
JPMorgan Caught Rigging the Gold Price (Again)
Bloomberg recently did a fairly comprehensive report on insider trading of precious metals by traders (most notoriously) at JPMorgan, and other large banks as well. JPMorgan pled guilty in… [Read Here]
July 18, 2021
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Naturally beautiful: Winter Mountains Exploring Peaceful Newfoundland, Canada.
… I’ll just stand here awhile!.
P.S. “Keeping a little ahead of conditions is one of the secrets of business; the trailer seldom goes far” –Charles M Schwab
July 18, 2020
Happy Saturday! Today we gathered at Donna & Mike’s to celebrate my other sister’s birthday; Sharon, [which is actually tomorrow]. We practiced social distancing outside (on their deck) … all ten of us. Great food, great fun, and really the first time in ages we were all together in one place. Thanks guys!
more to come…
July 18, 2019
In the investment world, trust remains a critical tool. When trust is lost, a relationship that took years or even decades to build can go quickly. So when Deutsche Bank announced that it was changing its structure and getting out of investment banking, the bank’s counterparties, such as hedge and retirement funds, have started to pull their capital to park it with a more reliable one.
Much like the run-on-the-investment-bank that killed off Lehman Brothers over a decade ago, the Bank is losing more than $1 billion in capital per day. With more than €45 trillion in derivatives, the bank may face an existential crisis in the coming weeks if the capital run continues. History may not repeat, but it certainly rhymes!