Invest in Black-Owned Companies You are receiving this email because you signed up to receive emails from True Market Insiders, rebranding to Sector Edge. [Unsubscribe here]( Keep the emails you value from falling into your spam folder. [Whitelist True Market Insiders](. Forgot your login information? Click [here](. [Image] Weekly Market Update Today is June 18, 2022 Hey Subscriber, The financial markets (and TMI) are closed on Monday, June 20 in observance of the new Juneteenth federal holiday. This day commemorates the end of slavery in the U.S. when Major General Gordon Granger issued an order in Texas on June 19, 1865, that said all slaves in the state were freed. The last time the U.S. government added a new federal holiday was on November 2, 1983. That was when President Ronald Reagan signed a bill to honor the birthday of Martin Luther King, Jr., on the third Monday of each January. USA Today asked Vice President Kamala Harris about the new holiday. âOn Juneteenth, we reflect on the past and rejoice in the progress made. On this day, we recognize the hard-fought road that led to the emancipation of enslaved people and recommit ourselves to Americaâs promise of equal justice for all.â And Martin Luther King III added, âLet Juneteenth become a nationwide teach-in to educate Americans about the real history and continuing legacy of slavery, violence and racism, as opposed to the frequently glossed-over versions in many schoolbooks. In this way, let it be the catalyst for real, lasting change.â One way people can honor and support Blacks throughout the world is to invest in Black-owned companies. The fact that of the 3,671 public companies in the U.S. reported by The Wall Street Journal in 2020, just eight are Black-owned underscores the need for more equality and opportunities. Hereâs the current list. RLJ Lodging Trust (RLJ) is a real estate investment trust (REIT) with a portfolio consisting of 103 hotels across 23 states and the District of Columbia. Urban One (UONE), a Maryland-based American media conglomerate, operates media properties that primarily target African Americans. Ping Identity Holding (PING) specializes in a variety of digital and online identity protection services whose clients include five of the top North American retailers, seven of the largest healthcare companies, and 13 of the largest U.S. banks. Global Blood Therapeutics (GBT) is leading the charge against sickle cell disease by developing several treatments and therapies. Carver Bancorp (CARV) offers consumer and business banking products and services to traditionally underserved African American communities. Broadway Financial Corp. (BYFC) is the holding company for City First Bank, which it merged with in 2021 to become the largest Black-owned minority depository institution (MDI) in the U.S. Axsome Therapeutics (AXSM), another biopharmaceutical firm, AXSM focuses on the development of therapies for managing central nervous system (CNS) disorders. American Shared Hospital Services (AMS) leases equipment to hospitals and medical centers for radiosurgery, and radiation therapy. Those are some options to support the Black community once market conditions improve. If youâre interested in having an experienced floor trader in your living room, giving you the inside knowledge to navigate, and potentially profit from everything happening in the markets, sign up for [Costas Bocelliâs]( mentoring. [Click here to reserve your seat for Costasâ June 23, 1PM ET. presentation](. Happy Juneteenth, and happy reading! Enjoy this past weekâs TMI articles. This Week in True Market Insider June 13 - June 17, 2022 [Micro-Cap Monday - Hereâs 2 More Hot Summer Energy Plays â Bill Spencer]( Itâs getting hot in Queens, New York, where Bill Spencer lives, and the Energy sector is just as steamy. Learn about [two summer stocks]( to heat up your portfolio. [In The Market's Darkest Hour, Your Diversification Fails â Chris Rowe]( For all of those financial advisors out there who discouraged their clients from selling, telling them not to worry because they have a balanced, well-diversified portfolio, Chris Rowe has [something to say to you](. [The Key to Widespread Crypto Adoption, Part II: Crypto Evolution â Marco Wutzer]( Marco Wutzer says the more you know about cryptocurrencies, the more youâll love them. More importantly, itâs up to us to recognize the [financial opportunities]( they make available. [Got Cash to Put to Work? Hereâs How to CRUSH Inflation with this One Trade â Costas Bocelli]( If youâre looking for ways to navigate the choppy markets and have capital to put to work, Costas Bocelli says [selling Put options]( is one of the best strategies for reducing risk and getting a good nightâs sleep. [Bull Market Shopping in a Bear? Why Not? â Karen Riccio]( As long as you've taken all the appropriate measures to preserve wealth, have a little fun and compile a [shopping list]( for the next Bull market based on the biggest losers today. Karen Riccio tells you about the worst of the worst. Copyright © 2022 True Market Insiders, All rights reserved. Our mailing address is:
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