Tuesday, July 2, 2024

Powell finally said it

And Apple reaches historic valuation despite failing
 
   
     
Tuesday, July 2nd
 
“All things are subject to interpretation. Whichever interpretation prevails at a given time is a function of power and not truth.”

— Friedrich Nietzsche
---------- Markets Today ----------
 
🌏 Asia-Pacific: Down
🇪🇺 Europe: Down
🇺🇸 United States: Up a little
🛢️ Oil: Up
⚡ Crypto: Down

 
------- Major Market Events -------
 
Tesla vehicle shipments down, but up? Tesla stock soars on "meh" new vehcile shipments (link)
 
Deficit "unsustainable" There, Powell finally said it (link)
 
Apple reaches historic valuation: This, despite falling sales across the board (link)​​
🤔 My Thoughts 

Private sector job openings are down 1.1 million over the past year and at a three-year low. Meanwhile, government job openings are nearing a record high. The state is swallowing the economy. The only problem with this, is that you need private business tax revenues to fund the salaries of government employees.

This is the inverse of what should be happening. And it will only worsen the deficit, which just today, Powell called "unsustainable." 
 
I wonder if people would trade the same way again if they knew about this

So many traders throw up their arms in this crazy market…

But there’s a straightforward system that I’m using to target as much as $2,000 or even more per week on the stock market (all from a $500 starting stake!)…

And the best part is - it only takes about 20 minutes a week.

Of course, there are no guarantees in trading and every trade you make could in fact go to zero, but as things stand, this system currently has an 87% win rate.

Learn more here.


*The profits and performance shown are not typical to any individual subscriber to the service, we make no future earnings claims, and you may lose money. From 3/25 to 5/30 , the average win rate in our model paper traded portfolio record is 87%, with an average return per trade of 45% with a hold time of less than 5 days.​
 
To Better Trading,

Alex Reid
Wealthpin
 
WealthPin
   
     
   
 

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