| Sep 25, 2020  Your daily source for trading strategies, tech news, and politically incorrect humor. Hey there, Bullets Fans -
For access to the latest market stats, the economic data, earnings reports and analyst upgrades and downgrades, just click the menu buttons above.
Is this your first time reading? Or are you tired of waiting for a friend to forward it? Just click here to opt in now.
Otherwise, without any further ado - let's dig in…  Image Source: Morning Bullets Yesterday, the markets made a last minute save to close in the black. Hopefully, it's a trick the indexes can pull off again, because as of this morning, stock futures are pointing to further losses for the final day of trading this week.
September is always a pretty rough month for the markets, but this one has been particularly bad. In fact, when you account for this week's sharp declines, it looks like we're lined up for our first monthly loss since back in March - the first month where all three indexes hit their pandemic lows.
But, there is a whisper of some progress from Congress in the pursuit of stimulus, so that could be just the good news investors have been looking for...
Other Top Financial News This Is About As Close To Perfect As You're Gonna Get! Recommended Link: Picture the perfect stock for a moment. (clicking link will opt you on to liberty through wealth free e-letter. Privacy Policy) What would it look like? No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google. It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment. It would have tens of thousands of unbreakable patents. It would pay an enormous dividend. It would be on the verge of dozens of blockbuster announcements that would send the stock higher and higher. And most of all... It would trade ultra-cheap - less than $3. It seems crazy that such a stock exists.  Image Source: Bitcoinist First things first - we should all be encouraged by the improvements we've seen our economy make since the pandemic set in.
But, with that said, it's important to realize that we're still a long way from "fully recovered" and some of the engines of growth a full recovery rely upon are losing momentum.
And then comes yesterday...
We discovered that some 870,000 American workers filed for new unemployment claims in the last week.
Now, the good news is that it's the fourth consecutive week where claims have stayed below 1,000,000.
But there's definitely some bad news, too...
Market Movers & Predictions
Thanks for reading today and being a loyal subscriber.
Know someone who should be getting these Bullet Briefs?
Make sure to send them over to www.morningbullets.com to subscribe. Stay tuned for our next edition!
Your biggest fan,  Frederick Frost It was ok - 13.70% It was good - 39.59% Very Useful - 25.12% Note: Percentages are updated once per week on Sundays and include all feedback since inception.  If for any reason you believe you received this email in error, you can safely ignore it, or click here to unsubscribe. Follow Morning Bullets on:
You are receiving this e-mail because you made a great decision to receive Morning Bullets Daily Newsletter. To ensure you receive our emails, be sure to whitelist us. Follow instructions here.
© 2020 Morning Bullets. All Rights Reserved.
20 North Orange Avenue, Unit 1100 Orlando, Florida 32801
|
25 September | What this ominous indicator is trying to tell us
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment