Storm clouds for Ronald McDonald

And earnings scorecard!

Monday, July 29th ______________________________________________________ “The real problem of humanity is the following: we have paleolithic emotions; medieval institutions; and god-like technology. And it is terrifically dangerous, and it is now approaching a point of crisis overall.” - E.O. Wilson ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Down 🇺🇸 United States: Down 🛢️ Oil: Down ⚡ Crypto: Down​​​​ ______________________________________________________ Major Market Events    • Earnings scorecard: Almost half of companies have reported earnings...how are things holding up? (link)   • Corporate bankruptcies soar: 2024 setting up to be worst year in history (link)   • ol' McDonald's losing money: Sales decline for first time in three years (link) ______________________________________________________ 🤔 My Thoughts    McDonalds is one of the economic bellweather companies that can be used to glean insight into how the consumer feels. If things are good, McD's revenues are good. When things are bad, well, McD's is often the first to feel it. the fact that their sales dropped 1% (the first time since 2021), could be indicative of where the economy is heading.  Up tomorrow is Starbucks, another one of those bellweather companies. That could give us a clearer picture. To Better Trading, Alex Reid Wealthpin   WealthPin

Monday, July 29th ______________________________________________________ “The real problem of humanity is the following: we have paleolithic emotions; medieval institutions; and god-like technology. And it is terrifically dangerous, and it is now approaching a point of crisis overall.”   - E.O. Wilson ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Down   🇺🇸 United States: Down   🛢️ Oil: Down   ⚡ Crypto: Down​​​​ ______________________________________________________ Major Market Events    Earnings scorecard: Almost half of companies have reported earnings...how are things holding up? (link)   Corporate bankruptcies soar: 2024 setting up to be worst year in history (link)   ol' McDonald's losing money: Sales decline for first time in three years (link) ______________________________________________________ 🤔 My Thoughts    McDonalds is one of the economic bellweather companies that can be used to glean insight into how the consumer feels. If things are good, McD's revenues are good. When things are bad, well, McD's is often the first to feel it. the fact that their sales dropped 1% (the first time since 2021), could be indicative of where the economy is heading.    Up tomorrow is Starbucks, another one of those bellweather companies. That could give us a clearer picture. To Better Trading,   Alex Reid Wealthpin WealthPin

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A Wealthpin Publication   ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential.   DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.   DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions.   Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin