And Nike's worst day in 23 years
| | | | | | | | | | | | Friday, June 28th "Beware of looking for goals: look for a way of life. Decide how you want to live and then see what you can do to make a living WITHIN that way of life."
— Hunter S. Thompson | | | | |
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| | | | ---------- Markets Today ---------- 🌏 Asia-Pacific: Up 🇪🇺 Europe: Down 🇺🇸 United States: Up 🛢️ Oil: Down ⚡ Crypto: Down ------- Major Market Events ------- | | • | | Inflation only rose a little: Core PCE measure came in at 3.4% (link) | | | • | | Nike's worst day in 23 years: The stock is down 17%. (link) | | | • | | Buffet donates billions: Another $5.3 billion of his wealth goes to charities (link) |
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| | | | 🤔 My Thoughts Well, I guess there's no getting around the elephant in the room:
The Presidential debate last night. We're not going to dive into much into politics, but I think it was clear to everyone who watched that Biden is simply not on a cognitive level to handle his job. Now, whether they try to replace him or not is anyone's guess. But his lackluster performance has caused bonds to jump today....
The 10-yr and 30-year are both up over 1% today. Signaling that Biden's decline is a fundamental threat to the U.S. market. These next five months will be super interesting! | | | | |
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| | | | | | | How Senators Consistently Outperform 90% of the market
Back in 2023, the S&P 500 produced a whooping 24% return…
But as high as that was, many members of congress managed to outperform the S&P 500…
Heck some congressmen made as much as 2 times, 3 times and even as high as 9 times the S&P 500’s returns.
Here’s how they did it and how you can too. | | | | |
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| | | | To Better Trading,
Alex Reid Wealthpin | | | | |
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Friday, June 28th "Beware of looking for goals: look for a way of life. Decide how you want to live and then see what you can do to make a living WITHIN that way of life." — Hunter S. Thompson---------- Markets Today ---------- 🌏 Asia-Pacific: Up 🇪🇺 Europe: Down 🇺🇸 United States: Up 🛢️ Oil: Down ⚡ Crypto: Down ------- Major Market Events ------- - Inflation only rose a little: Core PCE measure came in at 3.4% (link)
- Nike's worst day in 23 years: The stock is down 17%. (link)
- Buffet donates billions: Another $5.3 billion of his wealth goes to charities (link)
🤔 My Thoughts Well, I guess there's no getting around the elephant in the room: The Presidential debate last night. We're not going to dive into much into politics, but I think it was clear to everyone who watched that Biden is simply not on a cognitive level to handle his job. Now, whether they try to replace him or not is anyone's guess. But his lackluster performance has caused bonds to jump today.... The 10-yr and 30-year are both up over 1% today. Signaling that Biden's decline is a fundamental threat to the U.S. market. These next five months will be super interesting! How Senators Consistently Outperform 90% of the market Back in 2023, the S&P 500 produced a whooping 24% return… But as high as that was, many members of congress managed to outperform the S&P 500… Heck some congressmen made as much as 2 times, 3 times and even as high as 9 times the S&P 500’s returns. Here’s how they did it and how you can too. To Better Trading, Alex Reid Wealthpin |
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