ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸

2023-01-10 16:54:59 Traders made money ‘selling the rip’ in stocks last year. Why it might work again in 2023.

Market gurus are eager to see if a technical signal that helped tactical traders wring profits from last year’s market rout will continue to work in 2023, as stocks struggle to hold ground Monday after breaking a streak of weekly losses.

As markets trended lower in 2022, many technically-oriented traders hit upon a strategy that seemed to work: selling, or shorting, U.S. stocks once the S&P 500 hit its 200-day moving average.

In this case, the moving average, which is a gauge of the market’s long-term direction, served as a reliable indicator that the latest flash-in-the-pan rally — often driven by signs of cooling inflation or fleeting hopes for a less-aggressive Federal Reserve — had exhausted itself.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-09 14:55:57 ‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns

The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics.

“Markets are going to get rocked,” Reis said on the sidelines of the American Economic Association annual meeting in New Orleans on Saturday.

“All the risks are on the upside. A rate of 5.5% is the minimum,” he added.

Last month the Fed raised the top end of its benchmark rate range to 4.5%. The central bank penciled in a 5.25% terminal rate.

Investors who trade in the fed-funds futures market now expect the Fed to stop raising when rates get to 5%.

The Fed is burned by failing to recognize the persistent upward move of inflation in 2021.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-09 14:51:58 Robert Kiyosaki: SEC Will 'Crush' Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023

2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Unites States Securities and Exchange Commission is going to “crush” most cryptos with regulations. Other investors and economists such as Michael Burry and Peter Schiff have also been weighing in on the foreboding atmosphere for the year ahead. Still, peer-to-peer exchange without the need for institutions stifling economic freedom (the original value proposition of bitcoin) remains a reality, and so does the fact that there’s no shortage of crypto news.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-07 20:06:16 History shows odds favor a 20% stock-market return in 2023 after a crazy 2022

Historical data shows there is a high chance that the U.S. stock market may record a return of 20% or more this year after the three major indexes closed 2022 with their worst annual losses since 2008, according to Fundstrat Global Advisors.

Fundstrat’s head said stock-market investors are more likely to see a year of positive returns than a flat year after stocks performed badly in the previous year.

Here are three possible catalysts that would enable stocks to produce 20% gains in 2023:

* Global ‘disinflation’ underway
* Wage gains are set to slow
* Equity and bond volatility to fall sharply

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-06 16:53:53 U.S. seen adding 200,000 new jobs in December — still too much for the Fed

The U.S. jobs market is cooling off, but it’s still quite strong. Too strong, in fact, for the Federal Reserve. The central bank wants to see hiring slow even further to help prevent persistently high inflation.

The number of new jobs created in December is forecast to slow to 200,000 from 263,000 in the prior month, according to an updated poll of economists by The Wall Street Journal. If so, it would be the smallest increase in two years.

Wall Street has been predicting a sharp slowdown in hiring since the summer, however, and it hasn’t happened as quickly as predicted.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-06 16:33:11 American Dream or American nightmare?

Throughout history, people have been told that America was the land of opportunity. With portrayals in film, television shows, and books; people are sold on the country’s idea of achieving success with hard work, tenacity, sacrifice and risk-taking. We’ve all heard sayings along the lines of, “As long as you keep working, you can move up in life” or “Go to college and you can get any job you want.” However, as I move into my early 30s of age, this idea of America being the greatest country in the world, seems more like a farce day after day. Case in point: there is no such thing as the “American dream,” but rather a nightmare that I can’t wait to wake up from.

Once upon a time, America was known as the land of dreams. The famous “American Dream” was subsequently redefined by different generations over the course of the years.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-05 17:23:53 S&P 500, NASDAQ Composite Edge Higher Despite Hawkish Fed Minutes

The S&P 500 and NASAQ Composite edged higher on Wednesday after the minutes from the Federal Reserve’s last meeting in December showed officials locked in on taming inflation even as policymakers agreed to slow their interest rate hiking pace.

On Wednesday, the blue chip Dow Jones Industrial Average settled at 33269.77, up 133.40 or +0.40%. The benchmark S&P 500 Index finished at 3852.97, up 28.83 or +0.75% and the technology-based NASDAQ Composite closed at 10458.76, up 71.78 or +0.69%.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-05 17:19:21 Germany's 2022 Inflation Rate the Worst in More Than 30 Years

In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the supply bottlenecks resulting from the war, are said to be among the factors that helped to drive up prices.

Despite recording what has been described as the country’s worst overall inflation rate since the 7.6% seen in 1951, the FSO data suggest that the monthly rate had dropped to 8.6% in December 2022. Before that, the rate had averaged 10.4% and 10%, in October and November, respectively.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-04 19:00:38 3 Potential Winners in 2023

Major economies such as the UK and Eurozone are believed to be already going through an economic contraction. The US – the world’s largest economy – expected to experience a downturn later this year.

Here are 3 assets that may see a stellar year:

1) Gold to Hit $2000 ?
2) Japanese Yen: USDJPY Back Down to 125 ?
3) FTSE China A50 Index Back Above 14,000 ?

Yet amidst all these recession fears at the onset of 2023, the financial markets still do present opportunities for investors and traders.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment

2023-01-04 18:57:52 NASDAQ Composite, S&P 500 Start the Year Lower as Apple, Tesla Shares Plunge Ahead of Fed Minutes

The major U.S. stock indexes started the new year under pressure after early session strength succumbed to sharply lower performances by Tesla and Apple. Both stocks were among the worst performers in the benchmark S&P 500 Index and the NASDAQ Composite Index.

While stock specific factors were responsible for the sell-offs in Tesla and Apple, the majority of the selling pressure was fueled by concerns about the Federal Reserve’s interest-rate hiking path ahead of Wednesday’s minutes from its December meeting.

On Tuesday, the Dow Jones Industrial Average settled at 33136.37, down 10.88 or -0.03%. The NASDAQ Composite Index closed at 10386.99, down 79.50 or -0.76% and the S&P 500 Index finished at 3824.14, down 15.36 or -0.40%.

Follow & share
Telegram | GETTR | Twitter | TRUTH | Gab | Parler | Website Open / Comment