⚡ U.S. Refiners Struggle Ahead of Tropical Storm Barry

Cryptocurrencies aren't just a new asset class—they're a strong contrarian streak to the entire investment universe. After all, it was meant to be a currency that wasn't issued by a government, and one that couldn't be created at will.
Good morning. Cryptocurrencies aren't just a new asset class—they're a strong contrarian streak to the entire investment universe. After all, it was meant to be a currency that wasn't issued by a government, and one that couldn't be created at will. Instead, it would be a private, limited token to preserve purchasing power… a pretty big contrast compared to traditional currencies today.

So it's no surprise that as President Trump weighed in against the use of cryptocurrencies, many supporters of the space see that as a win. As Coinbase CEO Brain Armstrong said, "First they ignore you, then they laugh at you, then they fight you, then you win. We just made it to step 3 y'all."
It's Trivia Time!
Join the fun and win a Trading Tips Mug. What is your prediction; at which price will Netflix (NFLX) close by the end of this week? Netflix is expected to report earnings on Wednesday. To participate, just reply to this email within the next 48 hours only with your answers and winners will be selected on Monday, July 22nd. #happytrading

Was this email forwarded to you? Get your own! Sign up here.

MARKETS
DOW 27,332.03 +0.90%  
S&P 3,013.77 +0.46%  
NASDAQ 8,244.14 +0.59%  
*As of market close
Stocks extended their gains into Friday, with new all-time highs across the indices and a rally into the market close.
 
Commodities held steady, and cryptocurrencies rallied.

Today's TOP TIPS
U.S. Refiners Struggle Ahead of Tropical Storm Barry

Potential hurricane threatens refinery-rich Gulf of Mexico.
Although a tropical storm as of Friday, forecasters warned that Barry may strengthen to a category 1 hurricane before making landfall in Western Louisiana or Eastern Texas over the weekend.

Over 25 inches of rain are expected in the New Orleans area alone, and flooding was already occurring in low spots as early as Wednesday.

» FULL STORY

SPONSORED CONTENT
The No. 1 Pot Stock of 2019 Is Set to Be Bigger Than Cronos, Canopy Growth and Tilray - COMBINED!
The No. 1 Pot Stock of 2019 Is Set to Be Bigger Than Cronos, Canopy Growth and Tilray - COMBINED!

And right now, you can get in for less than $3.

Check out the details here.


Johnson & Johnson Faces Criminal Probe on Baby Powder
Shares drop as DOJ pursues criminal investigation.
On Friday, Johnson & Johnson (JNJ) shares dropped by nearly 5 percent in trading. The drop occurred as news developed that the Department of Justice was pursuing the company criminally over claims that it misled the public about possible cancer risks stemming from asbestos in its talcum powder products.

While the company has repeatedly denied any wrongdoing, it currently faces thousands of lawsuits from consumers attributing their cancer to use of J&J products.

» FULL STORY

Insider Activity: Francesca's Holdings Corporation (FRAN)
Large fund owner more than doubles stake.
On Thursday, Cross River Capital Management more than doubled their stake in Francesca's Holdings Corporation (FRAN). They did so by buying 341,973 shares of the retailer, shelling out over $625,000.

As the trade occurred below market rates, the additional number of shares was achieved off-market, and likely the result of the fund's prior debt investments in the company converting to shares at a lower rate.

» FULL STORY

Unusual Options Activity: Tenneco Inc (TEN)
Big bet auto parts supplier will decline.
A sizeable bet is being made on a double-digit drop in shares of Tenneco (TEN) between now and January.

On Friday, nearly 3,000 contracts traded on the $9.00 put option on the company. With shares at $9.50, the option is a bet that shares will decline. Based on the price of the option around $1.45, shares will need to trade around $7.50 by January for the option to be worth at least as much as it is today.

» FULL STORY

IN OTHER NEWS
  Violating NATO rules and risking U.S. sanctions, Turkey accepts a missile system from Russia.  
  In Europe, a delay in reacting to Iran's nuclear agreement violation risks U.S. ire.  
  Also in Europe, struggling German firms are impacting efficiency in the Eurozone's key economic member.  
  Bad news for bond investors as some corporate bond offerings go to negative yields.  
  And as fears of an interest rate cut rise, investors are pulling out of the riskiest junk bonds.  
  The market rally has created two $1 trillion companies: Amazon and Microsoft.  
  The famous Big Mac Index indicates, based on the price of burgers, that the U.S. dollar is too high relative to other currencies.  
  VW teams up with Ford Alliance with a $2.6 billion investment in self-driving startup Argo AI.  
  Hospitality company Sonder confirms new investment giving the startup a valuation over $1 billion.  
  In earnings, Illumina declines after reducing revenue expectations.  

S&P 500 MOVERS
TOP
JBHT 5.903%  
CTVA 4.427%  
LB 4.044%  
DOW 4.039%  
HUM 3.947%  
BOTTOM
ILMN 16.117%  
JNJ 4.147%  
LW 2.442%  
BSX 2.199  
MTD 2.181%  

Top Rated Stocks Under $10
1. CTRV: ContraVir Pharmaceuticals 100
2. MDCO: Medicines Co. 100
3. COWN: Cowen Group, Inc. 99
4. SBBP: Strongbridge Biopharma 98
5. MVC: MVC Capital, Inc. 98

Quote of the Day
There is now only a limited amount of stimulant left in the bottle, and the sooner we use it, the sooner it will run out. I'd say that there is about a one-to-three year supply left.
- Bridgewater Associates founder Ray Dalio on the Fed using up its monetary firepower

SPONSORED CONTENT
Perfect Stock Caught Trading Under Secret Name...
It trades under a secret name... for just $3.

But thanks to a developing situation involving Donald Trump, America's No. 1 tech company and $10 billion... this may soon be the most talked-about stock in America. Find out more about the "secret stock" here.

 
Not sure the best way to get started?
Follow these simple steps to hit the ground running.

› Step #1 - Get These FREE Reports:

Warren Buffett's Top 5 Stocks | 10 Great Stocks Under $10 |
7 High Yield Dividend Stocks
 

› Step #2 - Join Our Premium Advisories:

The Next Superstock | Triple Digit Returns | Options Cash Cow
 

› Step #3 - Connect With The Community:

Trading Tips Official Facebook Group

     
 

Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense.

Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.



 
 

This email was sent to phanphuongthanh89.822152@blogger.com by editor@tradingtips.com

TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405

Manage Subscriptionsreport SPAM


 

No comments:

Post a Comment