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Richemont Drops on Signs Luxury Demand Is Weakening in US, China and more | July 18, 2023

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-- Richemont led luxury-goods stocks lower amid concerns that demand in the US and...  ‌ â

(Bloomberg) -- Richemont led luxury-goods stocks lower amid concerns that demand in the US and...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Tuesday, July 18, 2023 [Gold & Silver Summit]() [[Free Event] Exit The Digital Dollar]() As soon as the next few weeks…The Biden administration could launch a new digital version of the dollar. They call it CBDC, which stands for central bank digital currency. This "digital dollar" could hand the government the power to track (even control) how you spend your money. That's why we are holding a Special "Exit The Digital Dollar" event as part of our upcoming Gold & Silver Summit on July 13th, 2023 @ 7pm ET (4pm PST). Our experts will expose the truth behind this scheme to impose a digital dollar on Americans and share the little-known gold and silver strategy that allows you to opt out of the digital dollar and break free from further government control. [Click here to register for free.]() SPONSORSHIP [Yahoo Business]() [Richemont Drops on Signs Luxury Demand Is Weakening in US, China]() (Bloomberg) -- Richemont led luxury-goods stocks lower amid concerns that demand in the US and China, two of the biggest markets for the industry, is starting to sputter.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly... [Read More]() = [Yahoo Business](=) [Daily Spotlight: Global Stocks Priced at Discount to U.S. Stocks](=) Find the latest Alcon Inc. 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The alternative wealth plan presented in America's Last Stand shows how decentralized assets offer a sanctuary against the government's unwarranted attacks on crypto and the American way of life. [Click Here to watch the groundbreaking documentary.]() SPONSORSHIP [Yahoo Business]() [Tesla Board to Return $735 Million in Stock Awards to End Suit Over Pay Packages]() (Bloomberg) -- Tesla Inc. directors, including co-founder Elon Musk, agreed to return more than $735 million in stock awards and cash to settle an investor lawsuit accusing board members of improperly giving themselves massive compensation packages.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraMassive US Oil... [Read More]() [Seeking Alpha]( [Buffett's Berkshire Hathaway reduces stake in Activision Blizzard]( Billionaire Warren Buffetts Berkshire Hathaway (BRK.A) reduced its stake in Activision Blizzard (ATVI) [Read More]( = [Seeking Alpha](=) [Johnson Controls acquires FM:Systems for $455M](=) Buildings company Johnson Controls (JCI) has acquired the digital workplace management company, FM:Systems, for $455M. [Read More](=) [MarketWatch]() [Market Extra: U.S. stocks typically rally during earnings season. Here’s why this summer might be different.]() Earnings season is typically a happy time for the U.S. stock market. But this summer might be different, analysts said. [Read More]() [All Star Charts - JC Parets]() [The Minor Leaguers (07-17-2023)]() From the Desk of Steve Strazza @Sstrazza Welcome to The Minor Leaguers. We’ve had some great trades come out of this small-cap-focused column since we launched it back in 2020 and started rotating it with our flagship bottom-up scan, Under the Hood. For the first year or so, we focused only on Russell 2000 stocks [Read More]() [Yahoo Business]() [Bank of America’s Huge Bond Losses Could Grow Even Larger in Second Quarter]() The losses, which totaled $99 billion at the end of the first quarter, have weighed on its stock. [Read More]() [Yahoo Business]() [Tesla Stock Rises as First Cybertruck Arrives. It’s Finally Here.]() Tesla said over the weekend that the first Cybertruck had been built at the company’s factory in Texas. [Read More]() [The Wall Street Journal]( [Stocks Rise to Kick Off Busy Week of Earnings Reports]( Major indexes ride momentum from last week’s encouraging reports on inflation and bank earnings. Telecom shares, however, fell to multiyear lows. [Read More]( [MarketWatch]( [The Ratings Game: State Street’s stock loses ground on analyst downgrades from UBS, J.P. Morgan and KBW]( J.P. Morgan, UBS and KBW all downgrade State Street Corp. on lower outlook for net interest income. [Read More]( [The Wall Street Journal]( [Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.]( Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank. [Read More]( [MarketWatch]() [Market Extra: As the Dow hits 2023 high, one of the oldest stock-market forecasting tools is making a comeback]() One of the oldest methods used to anticipate where the U.S. stock market might be heading is making a comeback in 2023 as the Dow Jones Industrial Average touches its highest level of the year. [Read More]() [All Star Charts - JC Parets]() [Follow the Flow (07-17-2023)]() From the Desk of Steve Strazza @sstrazza and Alfonso Depablos @Alfcharts This is one of our favorite bottom-up scans: Follow the Flow. In this note, we simply create a universe of stocks that experienced the most unusual options activity — either bullish or bearish, but not both. We utilize options experts, both internally and through [Read More]()  = Trade Stocks 580 Broadway Street, Suite 201B, Laguna Beach, Ca, United States, 92651 All Rights Reserved © 2023 [Terms & Conditions]( | [Report](=) | [Privacy Policy]( | [Unsubscribe](=) | [Contact](

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