🇺🇸 Markets Rally as U.S./China Look to Restart Trade Talks

One sign of the economy's health is the unemployment rate, which remains near historic lows of just 3.7 percent. Another is the total number of vacant homes and condos.
Good morning. One sign of the economy's health is the unemployment rate, which remains near historic lows of just 3.7 percent. Another is the total number of vacant homes and condos.

About 1.6 percent of the nation's housing lies vacant, according to Attom Data Solutions. This is about 1.53 million homes, including about 300,000 homes that have been abandoned following a foreclosure notice in recent months. That's after 2018 posted a 13-year low for foreclosures. That's one powerful statistic that makes the market look healthy—even if transactions start to slow.

Now introducing the Trading Tips Podcast, bringing you the best unconventional moneymaking strategies available to the individual trader. Stock Picks, Options Trades, Market News and Actionable Commentary. Now available on Spotify, Itunes and so much more.
Sponsored Content
Shark Tank's Robert Herjavec Shares the "1,000X Formula" for Finding Unicorn Startups
Angel investing is taking the world by storm. Everyday people from coast to coast are now backing little-known startups long before they IPO, and they're exploding in value, becoming worth billions upon billions of dollars.

It's making some Americans wealthier than they ever dreamed possible. But when you're in the position to have all of these exciting deals at your fingertips, you need a way to determine which could be winners – and which are nothing more than hype. As Robert reveals in this brief video, the "1,000X Formula" is exactly the ticket.

MARKETS
DOW 25,898.83 +1.05%
S&P 2,878.38 +1.10%
NASDAQ 7,853.74 +1.32%
*As of market close
Stocks rallied on Monday, on optimism regarding U.S./China trade relations.
Oil dropped 0.7 percent, to $53.80 per barrel.
Gold moved one dollar higher, to $1,538 per ounce.
Cryptocurrencies moved modestly higher, on average.

Today's TOP TIPS
Markets Rally as U.S./China Look to Restart Trade Talks
Stocks jumped higher on Monday, as President Trump announced at the G7 meeting in France that Chinese officials called on Sunday night to restart talks on trade.

This ended a slump in market futures over the weekend, following the market's steep drop last Friday. "They want to make a deal," stated Trump, and that the calls were "very productive."

Although some Chinese officials stated that they were unaware of any calls, officials stated that they remain opposed to new tariffs.

» FULL STORY

RBC Capital Reiterates Outperform Rating on Netflix (NFLX)
On Monday, RBC Capital reiterated their existing Outperform rating on Netflix (NFLX) shares. The investment firm cited a survey on Netflix's customer penetration in the United States, the United Kingdom, and the subscriber churn rate.

RBC capital reiterated their existing $450 price target on shares, about 50 percent higher than the current share price and far higher than the average price target by other financial firms around $390 per share.

» FULL STORY

Insider Activity: Fossil Group (FOSL)
On Friday, August 23rd, Gregory McKelvey bought 200,000 shares of Fossil Group (FOSL), where he serves as Executive Vice President. The total purchase price came out to just over $2 million, and increases his stake in the company by nearly 60 percent to over 536,000 shares.

This follows on a 20,000 share buy on August 22nd by EVP Darren Hart, and an EVP buy back in May for 5,000 shares.

» FULL STORY

Unusual Options Activity: Kraft Heinz (KHC)
On Monday, over 2,900 contracts traded on the October $35 put options on Kraft-Heinz (KHC). This represented a 23-fold surge in volume on the options, which had a prior interest of 126 contracts outstanding.

With shares around $25.50, the put options traded at $9.50, all in-the-money. With 52 days left to go on the trade, the option appeared to offer investors nearly no time premium.

» FULL STORY

IN OTHER NEWS
Despite being the major driver in the past, big tech names have underperformed in the past year.
Inflation will return someday, despite how the bond market is pricing issues right now.
A sugar glut in India pushes the world price to record lows.
KFC announces it will test Beyond Meat-based fried chicken.
And Papa John's founder resumes selling stake in the pizza chain.
In mergers, Amgen is set to buy Otezla from Celgene for $13.4 billion in cash.
In startups, bedding firm Boll & Branch raises $100 million.
And Presight Capital raises $80 million to connect US startups with Europe.
In a struggling real estate market, apocalypse housing retains attention from the wealthy.
In earnings, Red Robin Gourmet Burgers beats on earnings and revenue expectations.

S&P 500 MOVERS
TOP
DISH 3.93%
CTL 3.479%
BMY 3.285%
CELG 3.203%
AMGN 3.18%
BOTTOM
PM 4.297%
LB 3.48%
GTX 3.368%
GPS 3.192%
ALXN 3.182%

Quote of the Day
I think we are going to have a deal…They [China] have supply chains that are unbelievably intricate and people are all leaving and they are going to other countries, including the United States by the way, we are going to get a lot of them too.
- President Trump at the G7 conference on Monday, citing the prospect of a trade deal with China and walking back his belligerent tweets on Friday

Sponsored Content
FREE SESSION: The "Flipping Stocks" Method
A new and unconventional way to "flip stocks" is quickly catching on across the country. And the man who developed this method has made nearly $25 million with it. What he's teaching could help even novice investors earn an extra $15,000 in the next 30 days alone.

And he recently got on camera near his home in Florida to explain exactly how it works. Click here to watch his free session

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