SPONSOR A way to target $500 each week? The average household has just north of $5,000 a month in expenses⦠We are talking about things like healthcare, food, transportationâ¦Clothing, electricity⦠Just the bare necessities. Meanwhile, the average monthly income in the United States is only $4,340 a month⦠If weâre being honest thatâs a huge income gap many folks canât fill right now⦠But thatâs exactly why one trader is on a mission⦠To show a small group of people today exactly how they could start targeting an extra $500 or more week after week⦠Step-by-step. right now](. (watch the video with this link) But before you click any link in this email⦠Please get this⦠This legendary trader is not pitching you on some boring, slow-growth dividend strategy⦠Neither is any of this about bonds, risky naked options or even gold. But as youâre about to see, it all comes down to placing one of these [â2-Step Tradesâ]( each and every week⦠By clicking the link above you agree to periodic updates from Jack Carter Trading and its partners ([privacy policy]( â
WEEKLY MARKET OVERVIEW â
Farewell Growth Mania? Hello, Defensive Strategies Hi Traders, The stock market is a dynamic entity, constantly changing its course. While the Nasdaq Composite has reached unprecedented heights, fueled by investor fervor for big tech stocks and the allure of artificial intelligence (AI), there are whispers of an impending shift in the market's current. It may be time for investors to adapt their strategies and explore more defensive sectors as central banks worldwide prepare for interest rate cuts and the potential of an economic slowdown. Equity strategists at J.P. Morgan have observed a recent improvement in the performance of defensive stocks after a period of weakness. They suggest that if bond yields continue to decline alongside moderating economic growth, the market's leadership could tilt towards a more defensive stance. In line with this perspective, the yield on 10-year Treasury debt has fallen from nearly 4.7% at the end of April to around 4.53% currently, and first-quarter GDP growth slowed to an annualized pace of 1.6%. Considering these factors, the J.P. Morgan strategists recommend overweighting global investments in utilities, real estate, healthcare, and consumer staples stocks. These sectors, known for their substantial dividend yields, tend to benefit when interest rates fall, making their payouts more attractive. While utilities have recently become market favorites due to their potential role in meeting AI's growing energy demands, the other three sectors have lagged behind the broader market's gains this year. Once there is greater clarity regarding the timing of Fed rate cuts, these sectors might finally catch up. Additionally, signs of economic weakness, a factor that could influence the decision to ease monetary policy, could also contribute to their rise. The current expectation is that the Fed will begin cutting rates before any significant evidence of weakness emerges. However, if the Fed's actions are delayed and a recession occurs, defensive sectors could once again take center stage. It's important to remember that the Federal Reserve raised rates 11 times from March 2022 through July 2023, and the full impact of such increases can take time to materialize. Defensive sectors aren't the only investments that could thrive in an economic slowdown. The J.P. Morgan strategists also advocate for a barbell approach, incorporating commodities alongside defensive stocks. Precious metals, particularly gold and silver, have been rallying lately, as has copper due to AI enthusiasm and hopes for an economic rebound in China. Small-cap stocks could also present compelling opportunities once central banks begin easing, with European small-caps potentially leading the way given upcoming rate cuts by the European Central Bank (ECB) and the Bank of England (BoE). Some fund managers remain optimistic about early rate cuts, anticipating that small-cap stocks will benefit and perhaps even outperform larger companies when borrowing costs start to decrease. They argue that small-caps were disproportionately affected by previous rate hikes, experiencing reduced earnings estimates and stock prices. Rate cuts could allow them to achieve higher earnings growth and present attractive valuations. While defensive stocks may not possess the same allure as AI-focused companies, investors need to strategically position their portfolios for lower interest rates and slower growth before it's too late. As the market tide changes, it's crucial to adapt and navigate the new landscape with wisdom and foresight. - The Team at Altos Trading SPONSOR The rumor mill is swirling Some people are speculating that a guy my age must be using artificial intelligence to find [these daily trade ideas.]( But this legendary trader is NOT using artificial intelligence to find the ideas that he gives away for free inside of every issue of my ["Trade Of The Day" alerts.]( Fact is, heâs been digging up daily trade ideas for decades now. And the guy has won 10 trading championships before "A.I." was even a thing. But still... people love to gossipâ¦but he thinks it's time to put the rumors to rest: [Go here to get the next "Trade Of The Day" email at no cost and decide for yourself.]( Missed our Live Weekly Market Review? No worries, the replay is here! This week, we mapped out critical price levels in our Market Overview. We then used the 36-Month MA to assess the "Sell in May and Go Away" adage. Looking for hot picks? Our Symbol Sharing segment delivered valuable insights. The Ticker Q&A Roundtable was a treasure trove for tackling your burning trading questions. Busy? Replays are available by Wednesday noon â learn on your schedule. Don't miss next Tuesday's live session for more in-depth market analysis! This week our topics were... - Market Overview - Mapping Out Key Levels
- Review 36-Month MA
- Sell in May and Go Away?
- Share Your Favorite Symbol!
- Ticker Q&A Roundtable [Watch the Replay Now]( SPONSOR [New Customers earn 5.25% APY* (variable)]( Store your money with Cash Reserve, a high-yield account built for peace of mind. New customers earn 5.25% variable APY*âthatâs 13x higher than the national savings rate. ** Plus, your moneyâs FDIC-insured up to $2Mâ at our program banks and no limits on withdrawals and transfers. **The national average savings account interest rate is reported by the FDIC (as of 5/15/23) as the average annual percentage yield (APY) for savings accounts with deposits under $100,000. [Sign Up Now!]( Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street
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USA Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street
Suite 169
Boise Idaho 83714
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