Aug 1, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor. Dear eMBers, Your Morning Bullets are here. Let's dig in. INVESTOR INSIGHTS – The
Your daily source for trading strategies, tech news, and politically incorrect humor.
Your Morning Bullets are here. Let’s dig in.
INVESTOR INSIGHTS – The Fed
The FOMC announcement sparked volatility yesterday.
The S&P 500 ended the day down 33 points, a 1.1% decline.
Federal Reserve Chairman Jerome Powell hinted Wednesday’s rate cut was not the start of a trend.
The central bank cut the interest rates for the first since the financial crisis more than 10 years ago.
But Powell clarified that the Fed’s rate cut was a “midcycle adjustment,” not necessarily the start of a lengthy cutting cycle. He cited “global developments ” along with “muted inflation” as reasons for cutting the overnight lending rate by 25 basis points.
Investors hoped the Fed would be more aggressive and expected Powell to talk about future rate cuts.
We might get additional selling pressure at the open tomorrow.
But I think things will turn around and S&P will continue higher.
Read more here
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
The Boring Company is one of Elon Musk’s companies.
And they just raised $120m for the tunnel-digging project he dreamt up while sitting in Los Angeles traffic back in 2016.
Musk has pursued a number of deals for The Boring Company. The most successful so far is an underground “people mover” called the LVCC Loop.
It will stretch underneath the Las Vegas Convention Center, and feature three stations and a separate pedestrian tunnel.
Read more here
TRUMP DERANGEMENT SYNDROME
A-listers are on their way to Google Summer Camp to talk about saving Mother Earth.
The list includes President Barack Obama, Prince Harry, Leonardo DiCaprio and Katy Perry (to name a few).
And they traveled in style…
Yachts and private jets.
And the three-day summer camp will cost roughly $20 million, sources said.
The reality is this:
“Yachts for them, carbon taxes for you”
“Private jets for them, pricey gasoline for you”
“Gas guzzling limos for them, an expensive heating bill for you”
Read more here
I was watching the Democrat Debate and it wasn’t very exciting.
Raise your hand if you think President Trump was the winner of the Democrat Debate…
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
The One in Bel Air, California is a $500 Million home.
And it’s the most expensive home in the world.
The world’s first giga-mansion is a 100,000-square-foot, 20-bedroom compound above Bel Air on four acres, with spectacular 360-degree uninterrupted views.
Check it out…
Crazy or Weird
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
Jeff Clark is a great trader.
And for the past 36 years, he helped people from all walks of life retire wealthy.
Retired school teachers… doctors… even the occasional pro athlete
His service is only $19 the first year. If you ever thought about learning how to trade options, please check it out.
Watch this 32-second “live demo” to see how easy it is to trade options.
Your biggest fan,
P.S. We’d love your opinion.
How useful did you find today’s Morning Bullets?
Not useful – It was ok – It was good – Very Useful
14.1% 12.3% 47.7% 25.9%
Note: Percentages are updated once per week on Sundays and include all feedback since inception.